GDP in Nigeria
Nigeria: GDP was 226.52 trillion constant LCU in 2025. ◆ Volatile
Latest (2025)
226.52 trillion constant LCU
Change on year
up 4.0%
World rank
11th
of 215 countries
All-time high
226.52 trillion constant LCU
in 2025
All-time low
26.21 trillion constant LCU
in 1968
Years of data
66
1960–2025
GDP in Nigeria, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, gdp in Nigeria stood at 226.52 trillion constant LCU. That is the highest value across all 66 years on record.
The figure is up 4.0% on the previous year and up 14.1% over ten years.
Over the whole period, gdp in Nigeria peaked at 226.52 trillion constant LCU in 2025 and was at its lowest, 26.21 trillion constant LCU, in 1968.
Nigeria ranks 11th of 215 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Nigeria, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 26.39 trillion constant LCU | — |
| 1961 | 26.44 trillion constant LCU | +0.2% |
| 1962 | 27.53 trillion constant LCU | +4.1% |
| 1963 | 29.89 trillion constant LCU | +8.6% |
| 1964 | 31.37 trillion constant LCU | +5.0% |
| 1965 | 32.90 trillion constant LCU | +4.9% |
| 1966 | 31.50 trillion constant LCU | -4.3% |
| 1967 | 26.54 trillion constant LCU | -15.7% |
| 1968 | 26.21 trillion constant LCU | -1.2% |
| 1969 | 32.56 trillion constant LCU | +24.2% |
| 1970 | 40.70 trillion constant LCU | +25.0% |
| 1971 | 46.49 trillion constant LCU | +14.2% |
| 1972 | 48.06 trillion constant LCU | +3.4% |
| 1973 | 50.65 trillion constant LCU | +5.4% |
| 1974 | 56.30 trillion constant LCU | +11.2% |
| 1975 | 53.36 trillion constant LCU | -5.2% |
| 1976 | 58.18 trillion constant LCU | +9.0% |
| 1977 | 61.69 trillion constant LCU | +6.0% |
| 1978 | 58.13 trillion constant LCU | -5.8% |
| 1979 | 62.06 trillion constant LCU | +6.8% |
| 1980 | 64.67 trillion constant LCU | +4.2% |
| 1981 | 56.18 trillion constant LCU | -13.1% |
| 1982 | 52.36 trillion constant LCU | -6.8% |
| 1983 | 46.64 trillion constant LCU | -10.9% |
| 1984 | 46.12 trillion constant LCU | -1.1% |
| 1985 | 48.84 trillion constant LCU | +5.9% |
| 1986 | 48.87 trillion constant LCU | +0.1% |
| 1987 | 50.44 trillion constant LCU | +3.2% |
| 1988 | 54.14 trillion constant LCU | +7.3% |
| 1989 | 55.18 trillion constant LCU | +1.9% |
| 1990 | 61.67 trillion constant LCU | +11.8% |
| 1991 | 61.90 trillion constant LCU | +0.4% |
| 1992 | 64.76 trillion constant LCU | +4.6% |
| 1993 | 63.44 trillion constant LCU | -2.0% |
| 1994 | 62.29 trillion constant LCU | -1.8% |
| 1995 | 62.25 trillion constant LCU | -0.1% |
| 1996 | 64.86 trillion constant LCU | +4.2% |
| 1997 | 66.76 trillion constant LCU | +2.9% |
| 1998 | 68.49 trillion constant LCU | +2.6% |
| 1999 | 68.89 trillion constant LCU | +0.6% |
| 2000 | 72.34 trillion constant LCU | +5.0% |
| 2001 | 76.62 trillion constant LCU | +5.9% |
| 2002 | 88.37 trillion constant LCU | +15.3% |
| 2003 | 94.86 trillion constant LCU | +7.3% |
| 2004 | 103.64 trillion constant LCU | +9.3% |
| 2005 | 110.31 trillion constant LCU | +6.4% |
| 2006 | 117.00 trillion constant LCU | +6.1% |
| 2007 | 124.71 trillion constant LCU | +6.6% |
| 2008 | 133.14 trillion constant LCU | +6.8% |
| 2009 | 143.84 trillion constant LCU | +8.0% |
| 2010 | 155.36 trillion constant LCU | +8.0% |
| 2011 | 163.60 trillion constant LCU | +5.3% |
| 2012 | 170.53 trillion constant LCU | +4.2% |
| 2013 | 181.90 trillion constant LCU | +6.7% |
| 2014 | 193.38 trillion constant LCU | +6.3% |
| 2015 | 198.51 trillion constant LCU | +2.7% |
| 2016 | 195.30 trillion constant LCU | -1.6% |
| 2017 | 196.87 trillion constant LCU | +0.8% |
| 2018 | 200.66 trillion constant LCU | +1.9% |
| 2019 | 205.09 trillion constant LCU | +2.2% |
| 2020 | 192.03 trillion constant LCU | -6.4% |
| 2021 | 194.16 trillion constant LCU | +1.1% |
| 2022 | 202.54 trillion constant LCU | +4.3% |
| 2023 | 209.26 trillion constant LCU | +3.3% |
| 2024 | 217.78 trillion constant LCU | +4.1% |
| 2025 | 226.52 trillion constant LCU | +4.0% |
Nigeria compared with similar countries
- Nigeria's 226.52 trillion constant LCU is above the median for lower middle income countries, which is 706.00 billion constant LCU, 320.8× the median. (47 countries reporting)
- Nigeria's 226.52 trillion constant LCU is above the median for Sub-Saharan Africa, which is 3.68 trillion constant LCU, 61.5× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 29.14 trillion constant LCU | 26.21 trillion constant LCU | 32.90 trillion constant LCU | 10 |
| 1970s | 53.56 trillion constant LCU | 40.70 trillion constant LCU | 62.06 trillion constant LCU | 10 |
| 1980s | 52.34 trillion constant LCU | 46.12 trillion constant LCU | 64.67 trillion constant LCU | 10 |
| 1990s | 64.53 trillion constant LCU | 61.67 trillion constant LCU | 68.89 trillion constant LCU | 10 |
| 2000s | 106.48 trillion constant LCU | 72.34 trillion constant LCU | 143.84 trillion constant LCU | 10 |
| 2010s | 186.12 trillion constant LCU | 155.36 trillion constant LCU | 205.09 trillion constant LCU | 10 |
| 2020s | 207.05 trillion constant LCU | 192.03 trillion constant LCU | 226.52 trillion constant LCU | 6 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is gdp in Nigeria?
- Gdp in Nigeria was 226.52 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Nigeria?
- The highest recorded value was 226.52 trillion constant LCU in 2025.
- What is the lowest gdp recorded in Nigeria?
- The lowest recorded value was 26.21 trillion constant LCU in 1968.
- How does Nigeria rank for gdp?
- Nigeria ranks 11th out of 215 countries with data for 2025.
- Is gdp rising or falling in Nigeria?
- Over the last ten years it is up 14.1%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
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 varies by country. This series is expressed in local currency units.