Economy & Growth in Nigeria

1,019 indicators covering economy & growth for Nigeria.

IndicatorLatest Year10-yr change Rank
Gross Fixed Capital Formation Deflator — Value Standard Local 7.48 % change on previous year 2024 up 68.9% 30th
GDP Deflator — Value US$, 2015 prices, annual growth rate -51.62 % change on previous year 2024 down 1,414.6% 222nd
GDP Deflator — Value Standard Local Currency, 2015 prices, annual 14.45 % change on previous year 2024 up 204.5% 19th
Imports by region of origin, per capita 33.5 current US$ per person 2024 down 34.5% 147th
Imports by region of origin, per unit of GDP 0.0309 current US$ per US$ of GDP 2024 up 86.5% 55th
Imports by region of origin, annual growth rate 57.97 % change on previous year 2024 up 17,128.2% 21st
Imports by region of origin, gaps filled 7.79 billion current US$ 2024 down 18.1% 46th
Where China ranks among a country’s import partners, annual growth 0 % change on previous year 2024 25th
Where China ranks among a country’s import partners, gaps filled 1 rank 2024 unchanged 127th
GDP Deflator — Value Standard Local Currency, 2015 prices 249.69 SLC 2024 up 156.5% 21st
GDP Deflator — Value US$, 2015 prices 32.49 USD 2024 down 72.5% 201st
Gross Fixed Capital Formation Deflator — Value Standard Local 596.86 SLC 2024 up 515.8% 8th
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 77.66 USD 2024 down 34.0% 189th
Primary income receipts 5.89 billion BoP, current US$ 2025 up 532.5% 58th
Primary income receipts (BoP, current US$), per capita 24.78 BoP, current US$ per person 2025 up 407.7% 157th
Gross Domestic Product, GDP in millions constant 2021 international $ 3.99 % change on previous year 2027 up 394.7% 62nd
Taxes less subsidies on products (constant LCU), annual growth rate 10.58 % change on previous year 2025 up 228.5% 24th
Primary income receipts (BoP, current US$), per unit of GDP 0.0202 BoP, current US$ per US$ of GDP 2025 up 972.3% 110th
Personal remittances, received 7.8% 2025 up 87.3% 42nd
Primary income payments (BoP, current US$), annual growth rate 57.15 % change on previous year 2025 up 266.1% 15th
Net secondary income (BoP, current US$), annual growth rate -6.73 % change on previous year 2025 up 16.2% 134th
Secondary income receipts (BoP, current US$), per capita 101.07 BoP, current US$ per person 2025 down 12.9% 150th
Secondary income receipts 24.01 billion BoP, current US$ 2025 up 8.5% 18th
Net primary income (BoP, current US$), annual growth rate -60.89 % change on previous year 2025 down 280.8% 178th
Foreign aid received per capita vs. GDP per capita 17.76 constant 2024 US$ 2024 up 21.0% 134th
Net trade in goods (BoP, current US$), annual growth rate 10.19 % change on previous year 2025 up 107.8% 50th
Secondary income receipts (BoP, current US$), per unit of GDP 0.0826 BoP, current US$ per US$ of GDP 2025 up 84.0% 63rd
Net trade in goods and services (BoP, current US$), annual growth rate 62.98 % change on previous year 2025 up 158.2% 19th
Foreign direct investment, net -2.82 billion BoP, current US$ 2025 down 73.0% 156th
Current account balance (BoP, current US$), annual growth rate -26.23 % change on previous year 2025 up 72.5% 145th
Foreign direct investment, net outflows (BoP, current US$), annual 190.83 % change on previous year 2025 up 1,820.2% 17th
Primary income receipts (BoP, current US$), annual growth rate 51.71 % change on previous year 2025 up 220.2% 12th
Net financial account (BoP, current US$), annual growth rate -117.48 % change on previous year 2025 down 181.9% 180th
Secondary income receipts (BoP, current US$), annual growth rate -4.94 % change on previous year 2025 down 64.9% 166th
Grants, excluding technical cooperation 1.92 billion BoP, current US$ 2023 up 42.4% 14th
Technical cooperation grants 191.38 million BoP, current US$ 2023 down 46.6% 25th
Gross Fixed Capital Formation — Value US$, 2015 prices, per square 0.0852 million USD per square kilometre 2023 up 20.7% 103rd
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 16.39 million SLC per square kilometre 2023 up 20.7% 43rd
Gross Fixed Capital Formation — Value US$, per square kilometre 0.1456 million USD per square kilometre 2023 up 81.7% 95th
Gross Fixed Capital Formation — Value Standard Local Currency, per 91.01 million SLC per square kilometre 2023 up 622.2% 20th
Gross Domestic Product — Value US$, 2015 prices, per square kilometre 0.6131 million USD per square kilometre 2023 up 21.9% 88th
Gross Domestic Product — Value Standard Local Currency, 2015 prices 117.98 million SLC per square kilometre 2023 up 21.9% 33rd
Gross Domestic Product — Value US$, per square kilometre 0.4117 million USD per square kilometre 2023 down 28.0% 110th
Gross Domestic Product — Value Standard Local Currency, per square 257.39 million SLC per square kilometre 2023 up 186.1% 30th
GDP Deflator — Value US$, 2015 prices, per square kilometre 0.0001 USD per square kilometre 2023 down 40.9% 168th
Imports by region of origin, per square kilometre 5,418 current US$ per square kilometre 2023 down 48.3% 122nd
Industry (including construction), value added (current LCU), per 65.96 million current LCU per square kilometre 2023 up 188.1% 29th
Industry (including construction), value added (current US$), per 102,373 current US$ per square kilometre 2023 down 30.4% 111th
Agriculture, forestry, and fishing, value added (constant LCU), per 64.04 million constant LCU per square kilometre 2023 up 34.5% 12th
Agriculture, forestry, and fishing, value added (constant 2015 US$) 138,948 constant 2015 US$ per square kilometre 2023 up 34.5% 17th
Agriculture, forestry, and fishing, value added (current LCU), per 95.57 million current LCU per square kilometre 2023 up 417.6% 16th
Total reserves minus gold (current US$), per square kilometre 35,173 current US$ per square kilometre 2023 down 25.2% 119th
Total reserves (includes gold, current US$), per square kilometre 36,730 includes gold, current US$ per square kilometre 2023 down 23.4% 122nd
Foreign direct investment, net inflows (BoP, current US$), per square 2,056 BoP, current US$ per square kilometre 2023 down 66.3% 137th
Foreign direct investment, net outflows (BoP, current US$), per 280.91 BoP, current US$ per square kilometre 2023 down 79.2% 109th
Value Added Deflator (Manufacturing) — Value Standard Local Currency 391.35 SLC 2023 up 329.5% 11th
Value Added Deflator (Manufacturing) — Value US$, 2015 prices 120.47 USD 2023 up 8.1% 79th
Gdp worldbank constant usd, per square kilometre 570,647 units per square kilometre 2023 up 15.0% 99th
Taxes less subsidies on products (current US$), per square kilometre 7,691 current US$ per square kilometre 2023 up 18.9% 148th
GNI (current LCU), per square kilometre 337.05 million current LCU per square kilometre 2023 up 298.7% 29th