GDP in Nigeria
Nigeria: GDP was 441.54 trillion current LCU in 2025. ◆ Volatile
Latest (2025)
441.54 trillion current LCU
Change on year
up 18.4%
World rank
10th
of 214 countries
All-time high
441.54 trillion current LCU
in 2025
All-time low
3.00 billion current LCU
in 1960
Years of data
66
1960–2025
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 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 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
- 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 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.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.