Australia vs Nigeria: Gross domestic product (GDP), Current prices, Purchasing power parity

Australia
2.54 trillion
in 2031
Nigeria
3.27 trillion
in 2031
Australia rank
11th
Nigeria rank
8th

Gross domestic product (GDP), Current prices, Purchasing power parity over time

  • Australia
  • Nigeria
01.0T2.0T3.0T198020052031

How they compare

Nigeria currently reports 3.27 trillion against 2.54 trillion in Australia, a difference of 721.07 billion.

That makes Nigeria's figure about 1.3 times Australia's.

The two have swapped places 1 time across 42 shared years of data; in 1990 it was Australia ahead.

Australia ranks 11th and Nigeria ranks 8th of 26 countries.

Across the 5 decades both report, Australia averaged higher in 2 and Nigeria in 3.

Head to head by decade

Decade Australia Nigeria Difference Ahead
1990s 404.34 billion 277.34 billion 127.00 billion Australia
2000s 707.33 billion 602.48 billion 104.85 billion Australia
2010s 1.12 trillion 1.30 trillion 181.03 billion Nigeria
2020s 1.93 trillion 2.21 trillion 279.52 billion Nigeria
2030s 2.49 trillion 3.17 trillion 678.70 billion Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), current prices, purchasing power parity, Australia or Nigeria?
Nigeria, at 3.27 trillion against 2.54 trillion in Australia as of 2031.
What is the difference in gross domestic product (gdp), current prices, purchasing power parity between Australia and Nigeria?
721.07 billion, with Nigeria ahead.
How many years of comparable data are there for Australia and Nigeria?
42 years are reported by both, from 1990 to 2031.
How do Australia and Nigeria rank globally for gross domestic product (gdp), current prices, purchasing power parity?
Australia ranks 11th and Nigeria ranks 8th of 26 countries.
Where does this data come from?
International Monetary Fund, published as Gross domestic product (GDP), Current prices, Purchasing power parity (PPP) international dollar, ICP benchmarks 2017-2021 (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Nigeria: Gross domestic product (GDP), Current prices, Purchasing power parity. Statizoid, drawing on International Monetary Fund. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-current-prices-purchasing-power-parity-ppp-international/australia/nigeria/

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About this data

Indicator
Gross domestic product (GDP), Current prices, Purchasing power parity (PPP) international dollar, ICP benchmarks 2017-2021 (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.