Economy & Growth in Nigeria

1,031 indicators covering economy & growth for Nigeria.

IndicatorLatest Year10-yr change Rank
Adjusted net national income per capita 1,663 current US$ 2021 down 11.9% 140th
Services, value added per worker 5,962 constant 2015 US$ 2025 down 21.3% 133rd
Portfolio Investment, net -7.13 billion BoP, current US$ 2025 down 730.6% 173rd
Africa's Development Dynamics (AfDD) Table 16 - Public finances 17.2 Percentage of GDP 2029 up 37.3% 149th
PPP conversion factor, households and NPISHs Final consumption 318.06 LCU per international $ 2025 up 226.6% 26th
Price level index 20.95 Households and NPISHs Final consumption expenditure 2025 down 58.5% 202nd
Total debt service 5.5% 2024 up 1,180.1% 46th
Portfolio equity, net inflows (BoP, current US$), annual growth rate -56.42 % change on previous year 2025 up 61.3% 98th
GDP per capita vs. Electoral Democracy Index 5,070 international-$ in 2011 prices 2022 down 2.8% 123rd
Total GDP vs. GDP per capita 1.13 trillion international-$ in 2011 prices 2022 up 24.9% 25th
GDP per capita 5,070 international-$ in 2011 prices 2022 down 2.8% 123rd
Gross domestic product (GDP) by world region 1.13 trillion international-$ in 2011 prices 2022 up 24.9% 25th
Gross domestic product (GDP) 1.13 trillion international-$ in 2011 prices 2022 up 24.9% 25th
Tax revenue as share of GDP vs. GDP per capita 7.2% 2007 up 0.6% 171st
Government spending as share of GDP 12.3% 2024 up 29.8% 146th
Government spending as share of GDP vs. GDP per capita 12.3% 2024 up 29.8% 146th
Consumer Prices, General Indices (2015 = 100) — Value 595.96 2026 up 383.0% 12th
Total FDI inflows — Value US$, 2015 prices 2,835 million USD 2023 down 42.6% 57th
Personal transfers, receipts 21.81 billion BoP, current US$ 2025 up 6.8% 7th
Gross Domestic Product, GDP in millions constant 2021 international $ 1.32 units per square kilometre 2023 up 15.1% 83rd
Total FDI inflows — Value US$ 1,873 million USD 2023 down 66.6% 74th
Other manufacturing 25.8% 1996 down 9.0% 125th
Gross domestic product (GDP), Constant prices, Purchasing power 1,007 2019 up 42.6% 24th
Gross domestic product (GDP), Current prices, Domestic currency 145,639 2019 up 235.1% 14th
ICT service exports 2.1% 2025 down 12.6% 138th
Short-term debt 36.2% 2024 up 146.8% 13th
Food, beverages and tobacco 30.3% 1996 up 8.8% 77th
Capital stock, Private sector, Current prices, Domestic currency 367,323 2019 up 257.4% 10th
Textiles and clothing 11.1% 1996 down 36.2% 30th
ICT service exports 107.98 million BoP, current US$ 2025 up 39.9% 108th
Capital stock, Private sector, Constant prices, Percent of GDP 97.28 2019 down 16.8% 135th
Capital stock, Private sector, Constant prices, Purchasing power 979.22 2019 up 18.6% 37th
Human Development Index vs. GDP per capita 0.56 2023 up 8.3% 164th
Short-term debt 55.0% 2024 up 52.6% 28th
Taxes on goods and services as share of GDP 1.4% 2023 up 47.5% 181st
Taxes on income vs. taxes on goods and services 1.4% 2023 up 47.5% 181st
Adjusted savings: gross savings 35.2% 2021 up 32.5% 20th
Adjusted savings: net national savings 23.7% 2021 up 32.7% 21st
Net capital account 10.56 billion BoP, current US$ 2006 up 64,221.9% 2nd
Gross fixed capital formation, Private sector, Current prices 32,550 2019 up 356.7% 13th
Roots and Tubers, Total — Producer Price Index 158.14 2025 up 64.4% 80th
Gross fixed capital formation, Private sector, Constant prices 8.62 2019 up 6.3% 140th
Gross fixed capital formation, Private sector, Constant prices 86.77 2019 up 51.5% 39th
Euro per domestic currency (End-of-period (EoP)) 0.0006 2025 down 87.3% 174th
Domestic currency per Euro (End-of-period (EoP)) 1,687 2025 up 686.6% 23rd
Chemicals 25.7% 1996 up 90.0% 12th
Annual GDP growth 4.1% 2024 down 35.5% 71st
Vegetables and Melons, Total — Producer Price Index 123.59 2025 up 24.0% 111th
2.5.1b Number of transboundary breeds (including extinct ones) — Value 22 No 2025 unchanged 91st
2.5.2 Number of transboundary breeds (not extinct) — Value 21 No 2025 unchanged 96th
2.5.2 Number of transboundary breeds with unknown risk status — Value 21 No 2025 unchanged 61st
Fruit Primary — Producer Price Index 109.17 2025 up 9.5% 121st
Output per hour worked, GDP constant 2021 international $ at PPP 5.75 2027 down 3.8% 160th
2.5.2 Number of local breeds (not extinct) — Value 19 No 2025 up 18.8% 80th
2.5.2 Number of local breeds with unknown risk status — Value 19 No 2025 up 18.8% 47th
2.5.1b Number of local breeds kept in the country — Value 20 No 2025 up 17.6% 80th
Fruit excl Melons, Total — Producer Price Index 109.17 2025 up 9.5% 121st
Adjusted savings: carbon dioxide damage 5.23 billion current US$ 2021 up 84.7% 35th
Machinery and transport equipment 7.2% 1996 down 44.6% 80th
Vegetables Primary — Producer Price Index 123.59 2025 up 24.0% 108th