GDP (current LCU) (Country official) in Nigeria
Nigeria: GDP (current LCU) (Country official) was 441.54 trillion current LCU in 2025. ◆ Volatile
GDP in Nigeria, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gdp in Nigeria stood at 441.54 trillion current LCU. That is the highest value across all 66 years on record.
The figure is up 18.4% on the previous year and up 363.9% over ten years.
Over the whole period, gdp in Nigeria peaked at 441.54 trillion current LCU in 2025 and was at its lowest, 3.00 billion current LCU, in 1960.
That places Nigeria 10th out of 214 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) (Country official) in Nigeria, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 3.00 billion current LCU | — |
| 1961 | 3.19 billion current LCU | +6.5% |
| 1962 | 3.51 billion current LCU | +9.9% |
| 1963 | 3.69 billion current LCU | +5.2% |
| 1964 | 3.97 billion current LCU | +7.5% |
| 1965 | 4.20 billion current LCU | +5.8% |
| 1966 | 4.55 billion current LCU | +8.4% |
| 1967 | 3.72 billion current LCU | -18.3% |
| 1968 | 3.71 billion current LCU | -0.0% |
| 1969 | 4.74 billion current LCU | +27.6% |
| 1970 | 8.96 billion current LCU | +89.1% |
| 1971 | 10.38 billion current LCU | +15.8% |
| 1972 | 11.03 billion current LCU | +6.4% |
| 1973 | 12.25 billion current LCU | +11.0% |
| 1974 | 19.60 billion current LCU | +60.0% |
| 1975 | 22.95 billion current LCU | +17.0% |
| 1976 | 28.61 billion current LCU | +24.7% |
| 1977 | 33.59 billion current LCU | +17.4% |
| 1978 | 36.05 billion current LCU | +7.3% |
| 1979 | 42.91 billion current LCU | +19.0% |
| 1980 | 50.27 billion current LCU | +17.1% |
| 1981 | 139.31 billion current LCU | +177.1% |
| 1982 | 149.05 billion current LCU | +7.0% |
| 1983 | 158.75 billion current LCU | +6.5% |
| 1984 | 165.85 billion current LCU | +4.5% |
| 1985 | 187.83 billion current LCU | +13.3% |
| 1986 | 198.12 billion current LCU | +5.5% |
| 1987 | 244.68 billion current LCU | +23.5% |
| 1988 | 315.62 billion current LCU | +29.0% |
| 1989 | 414.86 billion current LCU | +31.4% |
| 1990 | 494.64 billion current LCU | +19.2% |
| 1991 | 590.06 billion current LCU | +19.3% |
| 1992 | 906.03 billion current LCU | +53.5% |
| 1993 | 1.26 trillion current LCU | +38.8% |
| 1994 | 1.77 trillion current LCU | +40.7% |
| 1995 | 3.10 trillion current LCU | +75.3% |
| 1996 | 4.09 trillion current LCU | +31.8% |
| 1997 | 4.42 trillion current LCU | +8.1% |
| 1998 | 4.81 trillion current LCU | +8.7% |
| 1999 | 5.48 trillion current LCU | +14.1% |
| 2000 | 7.06 trillion current LCU | +28.8% |
| 2001 | 8.23 trillion current LCU | +16.6% |
| 2002 | 11.50 trillion current LCU | +39.7% |
| 2003 | 13.56 trillion current LCU | +17.9% |
| 2004 | 18.12 trillion current LCU | +33.7% |
| 2005 | 23.12 trillion current LCU | +27.6% |
| 2006 | 30.38 trillion current LCU | +31.4% |
| 2007 | 34.68 trillion current LCU | +14.2% |
| 2008 | 39.95 trillion current LCU | +15.2% |
| 2009 | 43.46 trillion current LCU | +8.8% |
| 2010 | 54.61 trillion current LCU | +25.7% |
| 2011 | 63.13 trillion current LCU | +15.6% |
| 2012 | 72.35 trillion current LCU | +14.6% |
| 2013 | 81.01 trillion current LCU | +12.0% |
| 2014 | 90.14 trillion current LCU | +11.3% |
| 2015 | 95.18 trillion current LCU | +5.6% |
| 2016 | 102.58 trillion current LCU | +7.8% |
| 2017 | 114.90 trillion current LCU | +12.0% |
| 2018 | 129.09 trillion current LCU | +12.3% |
| 2019 | 205.09 trillion current LCU | +58.9% |
| 2020 | 213.64 trillion current LCU | +4.2% |
| 2021 | 243.30 trillion current LCU | +13.9% |
| 2022 | 274.23 trillion current LCU | +12.7% |
| 2023 | 314.02 trillion current LCU | +14.5% |
| 2024 | 372.82 trillion current LCU | +18.7% |
| 2025 | 441.54 trillion current LCU | +18.4% |
Nigeria compared with similar countries
- Nigeria's 441.54 trillion current LCU is above the median for lower middle income countries, which is 1.98 trillion current LCU, 223.4× the median. (47 countries reporting)
- Nigeria's 441.54 trillion current LCU is above the median for Sub-Saharan Africa, which is 8.57 trillion current LCU, 51.5× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU) (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 |
|---|---|---|---|
| 1981 | +177.1% | 50.27 billion current LCU | 139.31 billion current LCU |
| 1970 | +89.1% | 4.74 billion current LCU | 8.96 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.83 billion current LCU | 3.00 billion current LCU | 4.74 billion current LCU | 10 |
| 1970s | 22.63 billion current LCU | 8.96 billion current LCU | 42.91 billion current LCU | 10 |
| 1980s | 202.43 billion current LCU | 50.27 billion current LCU | 414.86 billion current LCU | 10 |
| 1990s | 2.69 trillion current LCU | 494.64 billion current LCU | 5.48 trillion current LCU | 10 |
| 2000s | 23.01 trillion current LCU | 7.06 trillion current LCU | 43.46 trillion current LCU | 10 |
| 2010s | 100.81 trillion current LCU | 54.61 trillion current LCU | 205.09 trillion current LCU | 10 |
| 2020s | 309.93 trillion current LCU | 213.64 trillion current LCU | 441.54 trillion current LCU | 6 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Real gdp growth, annual growth rate 22.77 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gdp in Nigeria?
- Gdp in Nigeria was 441.54 trillion current 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 441.54 trillion current LCU in 2025.
- What is the lowest gdp recorded in Nigeria?
- The lowest recorded value was 3.00 billion current LCU in 1960.
- How does Nigeria rank for gdp?
- Nigeria ranks 10th out of 214 countries with data for 2025.
- Is gdp rising or falling in Nigeria?
- Over the last ten years it is up 363.9%. 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.