GDP in Nigeria
Nigeria: GDP was 562.59 billion constant 2015 US$ in 2025. ◆ Volatile
GDP in Nigeria, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Nigeria recorded 562.59 billion constant 2015 US$ for gdp in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 4.0% on the previous year and up 14.1% over ten years.
Over the whole period, gdp in Nigeria peaked at 562.59 billion constant 2015 US$ in 2025 and was at its lowest, 65.10 billion constant 2015 US$, in 1968.
Nigeria ranks 25th of 211 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 72.36 billion constant 2015 US$ | 65.10 billion constant 2015 US$ | 81.72 billion constant 2015 US$ | 10 |
| 1970s | 133.03 billion constant 2015 US$ | 101.08 billion constant 2015 US$ | 154.13 billion constant 2015 US$ | 10 |
| 1980s | 130.00 billion constant 2015 US$ | 114.54 billion constant 2015 US$ | 160.62 billion constant 2015 US$ | 10 |
| 1990s | 160.27 billion constant 2015 US$ | 153.18 billion constant 2015 US$ | 171.09 billion constant 2015 US$ | 10 |
| 2000s | 264.47 billion constant 2015 US$ | 179.68 billion constant 2015 US$ | 357.25 billion constant 2015 US$ | 10 |
| 2010s | 462.26 billion constant 2015 US$ | 385.86 billion constant 2015 US$ | 509.37 billion constant 2015 US$ | 10 |
| 2020s | 514.23 billion constant 2015 US$ | 476.93 billion constant 2015 US$ | 562.59 billion constant 2015 US$ | 6 |
Countries ranked near Nigeria
- 22 Argentina 609.23 billion constant 2015 US$ compare
- 23 Sweden 582.97 billion constant 2015 US$ compare
- 24 Ireland 572.66 billion constant 2015 US$ compare
- 26 Belgium 539.12 billion constant 2015 US$ compare
- 27 Iran 519.15 billion constant 2015 US$ compare
- 28 Egypt 503.37 billion constant 2015 US$ compare
More economy & growth data for Nigeria
- DEC alternative conversion factor 1,518 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 35.23 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 23.20 billion current US$ (2025)
- Taxes less subsidies on products 10.36 trillion current LCU (2025)
- Taxes less subsidies on products 6.82 billion current US$ (2025)
- Net primary income (Net income from abroad) -13.80 trillion current LCU (2025)
- Net primary income (Net income from abroad) -9.09 billion current US$ (2025)
- GNI per capita 1.80 million current LCU (2025)
- GNI per capita, Atlas method 1,360 current US$ (2025)
- GNI 427.73 trillion current LCU (2025)
Frequently asked questions
- What is gdp in Nigeria?
- Gdp in Nigeria was 562.59 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Nigeria?
- The highest recorded value was 562.59 billion constant 2015 US$ in 2025.
- What is the lowest gdp recorded in Nigeria?
- The lowest recorded value was 65.10 billion constant 2015 US$ in 1968.
- How does Nigeria rank for gdp?
- Nigeria ranks 25th out of 211 countries with data for 2025.
- Is gdp rising or falling in Nigeria?
- Over the last ten years it is up 14.1%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.