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

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:

See also