GDP, PPP in Nigeria

Nigeria: GDP, PPP was 1.93 trillion constant 2021 international $ in 2025. ▲ Rising

Latest (2025)
1.93 trillion constant 2021 international $
Change on year
up 4.0%
World rank
19th
of 199 countries
All-time high
1.93 trillion constant 2021 international $
in 2025
All-time low
526.76 billion constant 2021 international $
in 1990
Years of data
36
1990–2025

GDP, PPP in Nigeria, 1990–2025

500.0B1.0T1.5T2.0T1990200720251990: 526.8B constant 2021 international $1991: 528.7B constant 2021 international $1992: 553.1B constant 2021 international $1993: 541.9B constant 2021 international $1994: 532.0B constant 2021 international $1995: 531.7B constant 2021 international $1996: 554.0B constant 2021 international $1997: 570.2B constant 2021 international $1998: 585.0B constant 2021 international $1999: 588.4B constant 2021 international $2000: 617.9B constant 2021 international $2001: 654.4B constant 2021 international $2002: 754.8B constant 2021 international $2003: 810.2B constant 2021 international $2004: 885.2B constant 2021 international $2005: 942.2B constant 2021 international $2006: 999.3B constant 2021 international $2007: 1.1T constant 2021 international $2008: 1.1T constant 2021 international $2009: 1.2T constant 2021 international $2010: 1.3T constant 2021 international $2011: 1.4T constant 2021 international $2012: 1.5T constant 2021 international $2013: 1.6T constant 2021 international $2014: 1.7T constant 2021 international $2015: 1.7T constant 2021 international $2016: 1.7T constant 2021 international $2017: 1.7T constant 2021 international $2018: 1.7T constant 2021 international $2019: 1.8T constant 2021 international $2020: 1.6T constant 2021 international $2021: 1.7T constant 2021 international $2022: 1.7T constant 2021 international $2023: 1.8T constant 2021 international $2024: 1.9T constant 2021 international $2025: 1.9T constant 2021 international $

Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.

Analysis

In 2025, gdp, ppp in Nigeria stood at 1.93 trillion constant 2021 international $. That is the highest value across all 36 years on record.

That represents a change of up 4.0% on the previous year and up 14.1% over ten years.

Over the whole period, gdp, ppp in Nigeria peaked at 1.93 trillion constant 2021 international $ in 2025 and was at its lowest, 526.76 billion constant 2021 international $, in 1990.

That places Nigeria 19th out of 199 countries with data for 2025, putting it in the top 10%.

The long-run direction has been consistently rising across the 36 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 551.17 billion constant 2021 international $ 526.76 billion constant 2021 international $ 588.37 billion constant 2021 international $ 10
2000s 909.48 billion constant 2021 international $ 617.88 billion constant 2021 international $ 1.23 trillion constant 2021 international $ 10
2010s 1.59 trillion constant 2021 international $ 1.33 trillion constant 2021 international $ 1.75 trillion constant 2021 international $ 10
2020s 1.77 trillion constant 2021 international $ 1.64 trillion constant 2021 international $ 1.93 trillion constant 2021 international $ 6

Countries ranked near Nigeria

  1. 16 Canada 2.42 trillion constant 2021 international $ compare
  2. 17 Saudi Arabia 2.33 trillion constant 2021 international $ compare
  3. 18 Egypt 2.04 trillion constant 2021 international $ compare
  4. 20 Poland 1.71 trillion constant 2021 international $ compare
  5. 21 Australia 1.66 trillion constant 2021 international $ compare
  6. 22 Thailand 1.61 trillion constant 2021 international $ compare

See the full ranking of 246 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is gdp, ppp in Nigeria?
Gdp, ppp in Nigeria was 1.93 trillion constant 2021 international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
What is the highest gdp, ppp recorded in Nigeria?
The highest recorded value was 1.93 trillion constant 2021 international $ in 2025.
What is the lowest gdp, ppp recorded in Nigeria?
The lowest recorded value was 526.76 billion constant 2021 international $ in 1990.
How does Nigeria rank for gdp, ppp?
Nigeria ranks 19th out of 199 countries with data for 2025.
Is gdp, ppp rising or falling in Nigeria?
Over the last ten years it is up 14.1%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
GDP, PPP (constant 2021 international $)
Unit
constant 2021 international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 8,669 data points, 1990–2025
Last refreshed

This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.