Korea vs Nigeria: Gross domestic product (GDP), Constant prices, Domestic currency

Korea
2,604.44 trillion
in 2031
Nigeria
289.71 trillion
in 2031
Korea rank
2nd
Nigeria rank
5th

Gross domestic product (GDP), Constant prices, Domestic currency over time

  • Korea
  • Nigeria
01,000.0T2,000.0T3,000.0T198020052031

How they compare

Korea currently reports 2,604.44 trillion against 289.71 trillion in Nigeria, a difference of 2,314.73 trillion.

That makes Korea's figure about 9.0 times Nigeria's.

Across all 42 years both countries report, Korea has been ahead every year.

Korea ranks 2nd and Nigeria ranks 5th of 26 countries.

Korea has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Korea Nigeria Difference Ahead
1990s 709.55 trillion 58.64 trillion 650.91 trillion Korea
2000s 1,252.46 trillion 102.67 trillion 1,149.79 trillion Korea
2010s 1,821.16 trillion 186.76 trillion 1,634.40 trillion Korea
2020s 2,301.51 trillion 224.69 trillion 2,076.82 trillion Korea
2030s 2,580.32 trillion 283.90 trillion 2,296.42 trillion Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), constant prices, domestic currency, Korea or Nigeria?
Korea, at 2,604.44 trillion against 289.71 trillion in Nigeria as of 2031.
What is the difference in gross domestic product (gdp), constant prices, domestic currency between Korea and Nigeria?
2,314.73 trillion, with Korea ahead.
How many years of comparable data are there for Korea and Nigeria?
42 years are reported by both, from 1990 to 2031.
How do Korea and Nigeria rank globally for gross domestic product (gdp), constant prices, domestic currency?
Korea ranks 2nd and Nigeria ranks 5th of 26 countries.
Where does this data come from?
International Monetary Fund, published as Gross domestic product (GDP), Constant prices, Domestic currency (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea vs Nigeria: Gross domestic product (GDP), Constant prices, Domestic currency. Statizoid, drawing on International Monetary Fund. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-constant-prices-domestic-currency-9-26-2025/korea-rep/nigeria/

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About this data

Indicator
Gross domestic product (GDP), Constant prices, Domestic currency (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
26 places, 1,277 data points, 1980–2031
Last refreshed

The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.