GDP (current LCU), annual growth rate (Country official) in Nigeria
Nigeria: GDP (current LCU), annual growth rate (Country official) was 18.43 % change on previous year in 2025. ◆ Volatile
GDP (current LCU), annual growth rate in Nigeria, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nigeria recorded 18.43 % change on previous year for gdp (current lcu), annual growth rate in 2025.
Compared with earlier readings it is down 1.6% on the previous year and up 229.6% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in Nigeria peaked at 177.12 % change on previous year in 1981 and was at its lowest, -18.28 % change on previous year, in 1967.
That places Nigeria 21st out of 212 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), annual growth rate (Country official) in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 6.46 % change on previous year | — |
| 1962 | 9.9 % change on previous year | +53.2% |
| 1963 | 5.22 % change on previous year | -47.3% |
| 1964 | 7.5 % change on previous year | +43.7% |
| 1965 | 5.79 % change on previous year | -22.8% |
| 1966 | 8.38 % change on previous year | +44.7% |
| 1967 | -18.28 % change on previous year | -318.1% |
| 1968 | -0.0431 % change on previous year | -99.8% |
| 1969 | 27.56 % change on previous year | -64115.0% |
| 1970 | 89.11 % change on previous year | +223.3% |
| 1971 | 15.78 % change on previous year | -82.3% |
| 1972 | 6.35 % change on previous year | -59.7% |
| 1973 | 11.03 % change on previous year | +73.5% |
| 1974 | 60.01 % change on previous year | +444.2% |
| 1975 | 17.04 % change on previous year | -71.6% |
| 1976 | 24.69 % change on previous year | +44.9% |
| 1977 | 17.38 % change on previous year | -29.6% |
| 1978 | 7.35 % change on previous year | -57.7% |
| 1979 | 19.02 % change on previous year | +158.9% |
| 1980 | 17.15 % change on previous year | -9.9% |
| 1981 | 177.12 % change on previous year | +933.0% |
| 1982 | 6.99 % change on previous year | -96.1% |
| 1983 | 6.51 % change on previous year | -6.9% |
| 1984 | 4.47 % change on previous year | -31.2% |
| 1985 | 13.25 % change on previous year | +196.1% |
| 1986 | 5.48 % change on previous year | -58.6% |
| 1987 | 23.5 % change on previous year | +328.9% |
| 1988 | 28.99 % change on previous year | +23.4% |
| 1989 | 31.45 % change on previous year | +8.5% |
| 1990 | 19.23 % change on previous year | -38.8% |
| 1991 | 19.29 % change on previous year | +0.3% |
| 1992 | 53.55 % change on previous year | +177.6% |
| 1993 | 38.76 % change on previous year | -27.6% |
| 1994 | 40.7 % change on previous year | +5.0% |
| 1995 | 75.27 % change on previous year | +85.0% |
| 1996 | 31.8 % change on previous year | -57.8% |
| 1997 | 8.14 % change on previous year | -74.4% |
| 1998 | 8.75 % change on previous year | +7.4% |
| 1999 | 14.09 % change on previous year | +61.1% |
| 2000 | 28.83 % change on previous year | +104.5% |
| 2001 | 16.59 % change on previous year | -42.4% |
| 2002 | 39.67 % change on previous year | +139.1% |
| 2003 | 17.87 % change on previous year | -55.0% |
| 2004 | 33.69 % change on previous year | +88.5% |
| 2005 | 27.58 % change on previous year | -18.1% |
| 2006 | 31.37 % change on previous year | +13.8% |
| 2007 | 14.16 % change on previous year | -54.9% |
| 2008 | 15.22 % change on previous year | +7.5% |
| 2009 | 8.78 % change on previous year | -42.3% |
| 2010 | 25.66 % change on previous year | +192.3% |
| 2011 | 15.61 % change on previous year | -39.2% |
| 2012 | 14.6 % change on previous year | -6.5% |
| 2013 | 11.97 % change on previous year | -18.0% |
| 2014 | 11.27 % change on previous year | -5.9% |
| 2015 | 5.59 % change on previous year | -50.4% |
| 2016 | 7.77 % change on previous year | +39.0% |
| 2017 | 12.01 % change on previous year | +54.6% |
| 2018 | 12.35 % change on previous year | +2.8% |
| 2019 | 58.88 % change on previous year | +376.8% |
| 2020 | 4.17 % change on previous year | -92.9% |
| 2021 | 13.89 % change on previous year | +233.3% |
| 2022 | 12.71 % change on previous year | -8.5% |
| 2023 | 14.51 % change on previous year | +14.1% |
| 2024 | 18.72 % change on previous year | +29.0% |
| 2025 | 18.43 % change on previous year | -1.6% |
Nigeria compared with similar countries
- Nigeria's 18.43 % change on previous year is above the median for lower middle income countries, which is 10.24 % change on previous year, 1.8× the median. (47 countries reporting)
- Nigeria's 18.43 % change on previous year is above the median for Sub-Saharan Africa, which is 9.67 % change on previous year, 1.9× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), annual growth rate (Country official) in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1969 | +64115.0% | -0.0431 % change on previous year | 27.56 % change on previous year |
| 1981 | +933.0% | 17.15 % change on previous year | 177.12 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.83 % change on previous year | -18.28 % change on previous year | 27.56 % change on previous year | 9 |
| 1970s | 26.78 % change on previous year | 6.35 % change on previous year | 89.11 % change on previous year | 10 |
| 1980s | 31.49 % change on previous year | 4.47 % change on previous year | 177.12 % change on previous year | 10 |
| 1990s | 30.96 % change on previous year | 8.14 % change on previous year | 75.27 % change on previous year | 10 |
| 2000s | 23.38 % change on previous year | 8.78 % change on previous year | 39.67 % change on previous year | 10 |
| 2010s | 17.57 % change on previous year | 5.59 % change on previous year | 58.88 % change on previous year | 10 |
| 2020s | 13.74 % change on previous year | 4.17 % change on previous year | 18.72 % change on previous year | 6 |
Countries ranked near Nigeria
- 18 Ghana 21.25 % change on previous year compare
- 19 Uzbekistan 20.46 % change on previous year compare
- 20 Northern Mariana Islands 19.91 % change on previous year compare
- 22 Bolivia 18.02 % change on previous year compare
- 23 Rwanda 17.42 % change on previous year compare
- 24 Kazakhstan 16.73 % change on previous year compare
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)
- SDRs holdings, US dollar, annual growth rate 3.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0148 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 18.13 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.9704 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 13.24 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.26 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0107 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp (current lcu), annual growth rate in Nigeria?
- Gdp (current lcu), annual growth rate in Nigeria was 18.43 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in Nigeria?
- The highest recorded value was 177.12 % change on previous year in 1981.
- What is the lowest gdp (current lcu), annual growth rate recorded in Nigeria?
- The lowest recorded value was -18.28 % change on previous year in 1967.
- How does Nigeria rank for gdp (current lcu), annual growth rate?
- Nigeria ranks 21st out of 212 countries with data for 2025.
- Is gdp (current lcu), annual growth rate rising or falling in Nigeria?
- Over the last ten years it is up 229.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.