Nigeria GDP
GDP nominal (2023)
$363,846,000,000
GDP growth rate
(2023) 2.86% 
(Current US Dollars). Sources include: World Bank, United Nations.
- Nominal (current) Gross Domestic Product (GDP) of Nigeria is $363,846,000,000 (USD) as of 2023.
- Real GDP (constant, inflation adjusted) of Nigeria reached $550,648,000,000 in 2023.
- GDP Growth Rate in 2023 was 2.86%, representing a change of 15,312,000,000 US$ over 2022, when Real GDP was $535,336,000,000.
- GDP per Capita in Nigeria (with a population of 227,882,945 people) was $2,416 in 2023, an increase of $17 from $2,399 in 2022; this represents a change of 0.7% in GDP per capita.
Nigeria GDP (Nominal, $USD) 1993-2023
GDP Change (%)
Gross Domestic Product (GDP) of Nigeria
| Year | GDP Nominal (Current USD) | GDP Real (Inflation adj.) | GDP Change | GDP per capita | Pop. Change | Population |
|---|---|---|---|---|---|---|
| 2023 | $363,846,000,000 | $550,648,000,000 | 2.86% | $2,416 | 2.12% | 227,882,945 |
| 2022 | $477,403,000,000 | $535,336,000,000 | 3.25% | $2,399 | 2.11% | 223,150,896 |
| 2021 | $440,834,000,000 | $518,477,000,000 | 3.65% | $2,373 | 2.12% | 218,529,286 |
| 2020 | $432,199,000,000 | $500,232,000,000 | −1.79% | $2,338 | 2.15% | 213,996,181 |
| 2019 | $474,517,000,000 | $509,372,000,000 | 2.21% | $2,432 | 2.22% | 209,485,641 |
| 2018 | $421,739,000,000 | $498,366,000,000 | 1.92% | $2,432 | 2.34% | 204,938,755 |
| 2017 | $375,746,000,000 | $488,964,000,000 | 0.81% | $2,442 | 2.46% | 200,254,579 |
| 2016 | $404,649,000,000 | $485,055,000,000 | −1.62% | $2,482 | 2.5% | 195,443,700 |
| 2015 | $493,027,000,000 | $493,027,000,000 | 2.65% | $2,586 | 2.57% | 190,671,878 |
| 2014 | $574,184,000,000 | $480,286,000,000 | 6.31% | $2,584 | 2.68% | 185,896,915 |
| 2013 | $520,117,000,000 | $451,780,000,000 | 6.67% | $2,495 | 2.75% | 181,049,443 |
| 2012 | $463,971,000,000 | $423,525,000,000 | 4.23% | $2,404 | 2.81% | 176,200,625 |
| 2011 | $414,467,000,000 | $406,337,000,000 | 5.31% | $2,371 | 2.84% | 171,379,598 |
| 2010 | $366,990,000,000 | $385,856,000,000 | 8.01% | $2,315 | 2.83% | 166,642,886 |
| 2009 | $295,009,000,000 | $357,255,000,000 | 8.04% | $2,205 | 2.83% | 162,049,464 |
| 2008 | $339,476,000,000 | $330,679,000,000 | 6.76% | $2,098 | 2.82% | 157,595,014 |
| 2007 | $278,261,000,000 | $309,728,000,000 | 6.59% | $2,021 | 2.81% | 153,267,261 |
| 2006 | $238,455,000,000 | $290,575,000,000 | 6.06% | $1,949 | 2.8% | 149,077,334 |
| 2005 | $175,671,000,000 | $273,974,000,000 | 6.44% | $1,889 | 2.81% | 145,017,253 |
| 2004 | $135,765,000,000 | $257,401,000,000 | 9.25% | $1,825 | 2.81% | 141,057,045 |
| 2003 | $104,739,000,000 | $235,606,000,000 | 7.35% | $1,717 | 2.8% | 137,202,644 |
| 2002 | $95,054,059,303 | $219,481,000,000 | 15.33% | $1,644 | 2.78% | 133,471,989 |
| 2001 | $73,557,840,064 | $190,308,000,000 | 5.92% | $1,465 | 2.75% | 129,862,595 |
| 2000 | $69,171,451,627 | $179,675,000,000 | 5.02% | $1,422 | 2.71% | 126,382,494 |
| 1999 | $59,145,077,039 | $171,094,000,000 | 0.58% | $1,390 | 2.67% | 123,047,320 |
| 1998 | $218,416,000,000 | $170,100,000,000 | 2.58% | $1,419 | 2.65% | 119,846,254 |
| 1997 | $200,850,000,000 | $165,820,000,000 | 2.94% | $1,420 | 2.64% | 116,754,792 |
| 1996 | $185,730,000,000 | $161,088,000,000 | 4.2% | $1,416 | 2.65% | 113,754,779 |
| 1995 | $140,920,000,000 | $154,601,000,000 | −0.07% | $1,395 | 2.67% | 110,819,428 |
| 1994 | $80,399,613,064 | $154,714,000,000 | −1.81% | $1,433 | 2.68% | 107,935,714 |
| 1993 | $56,721,051,402 | $157,574,000,000 | −2.04% | $1,499 | 2.69% | 105,122,069 |
Sources:
- World Bank - World Bank national accounts data, and OECD National Accounts data.
- World Population Prospects: The 2024 Revision - United Nations Population Division