GDP: linked series (current LCU), annual growth rate in Nigeria
Nigeria: GDP: linked series (current LCU), annual growth rate was 18.43 % change on previous year in 2025. ◆ Volatile
GDP: linked series (current LCU), annual growth rate in Nigeria, 1991–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gdp: linked series (current lcu), annual growth rate in Nigeria stood at 18.43 % change on previous year.
The figure is down 1.6% on the previous year and up 229.6% over ten years.
Over the whole period, gdp: linked series (current lcu), annual growth rate in Nigeria peaked at 75.27 % change on previous year in 1995 and was at its lowest, 4.17 % change on previous year, in 2020.
Nigeria ranks 21st of 214 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: linked series (current LCU), annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 19.29 % change on previous year | — |
| 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 | 31.9 % change on previous year | +78.5% |
| 2005 | 27.58 % change on previous year | -13.5% |
| 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 | 12.82 % change on previous year | +3.8% |
| 2020 | 4.17 % change on previous year | -67.5% |
| 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)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 32.26 % change on previous year | 8.14 % change on previous year | 75.27 % change on previous year | 9 |
| 2000s | 23.2 % change on previous year | 8.78 % change on previous year | 39.67 % change on previous year | 10 |
| 2010s | 12.96 % change on previous year | 5.59 % change on previous year | 25.66 % 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)
- 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: linked series (current lcu), annual growth rate in Nigeria?
- Gdp: linked series (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: linked series (current lcu), annual growth rate recorded in Nigeria?
- The highest recorded value was 75.27 % change on previous year in 1995.
- What is the lowest gdp: linked series (current lcu), annual growth rate recorded in Nigeria?
- The lowest recorded value was 4.17 % change on previous year in 2020.
- How does Nigeria rank for gdp: linked series (current lcu), annual growth rate?
- Nigeria ranks 21st out of 214 countries with data for 2025.
- Is gdp: linked series (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: linked series (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 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: linked series (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP: linked series Staff estimates, World Bank (WB)
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: linked series (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.