GDP in Nigeria
Nigeria: GDP was 290.79 billion current US$ in 2025. ◆ Volatile
GDP in Nigeria, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, gdp in Nigeria stood at 290.79 billion current US$.
That represents a change of up 15.3% on the previous year and down 41.0% over ten years.
Over the whole period, gdp in Nigeria peaked at 668.22 billion current US$ in 2019 and was at its lowest, 4.20 billion current US$, in 1960.
Nigeria ranks 50th of 213 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.36 billion current US$ | 4.20 billion current US$ | 6.63 billion current US$ | 10 |
| 1970s | 25.79 billion current US$ | 9.18 billion current US$ | 47.26 billion current US$ | 10 |
| 1980s | 81.69 billion current US$ | 44.00 billion current US$ | 164.47 billion current US$ | 10 |
| 1990s | 110.78 billion current US$ | 52.06 billion current US$ | 218.42 billion current US$ | 10 |
| 2000s | 180.52 billion current US$ | 69.17 billion current US$ | 339.48 billion current US$ | 10 |
| 2010s | 470.31 billion current US$ | 366.99 billion current US$ | 668.22 billion current US$ | 10 |
| 2020s | 480.85 billion current US$ | 252.26 billion current US$ | 646.95 billion current US$ | 6 |
Countries ranked near Nigeria
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 290.79 billion current 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 668.22 billion current US$ in 2019.
- What is the lowest gdp recorded in Nigeria?
- The lowest recorded value was 4.20 billion current US$ in 1960.
- How does Nigeria rank for gdp?
- Nigeria ranks 50th out of 213 countries with data for 2025.
- Is gdp rising or falling in Nigeria?
- Over the last ten years it is down 41.0%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.