Gross domestic product (GDP) in Nigeria
Nigeria: Gross domestic product (GDP) was 562.59 billion constant 2015 US$ in 2025. ◆ Volatile
Gross domestic product (GDP) in Nigeria, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
In 2025, gross domestic product (gdp) in Nigeria stood at 562.59 billion constant 2015 US$. 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, gross domestic product (gdp) in Nigeria peaked at 562.59 billion constant 2015 US$ in 2025 and was at its lowest, 65.10 billion constant 2015 US$, in 1968.
Nigeria ranks 25th of 209 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 72.36 billion constant 2015 US$ | 65.10 billion constant 2015 US$ | 81.72 billion constant 2015 US$ | 10 |
| 1970s | 133.03 billion constant 2015 US$ | 101.08 billion constant 2015 US$ | 154.13 billion constant 2015 US$ | 10 |
| 1980s | 130.00 billion constant 2015 US$ | 114.54 billion constant 2015 US$ | 160.62 billion constant 2015 US$ | 10 |
| 1990s | 160.27 billion constant 2015 US$ | 153.18 billion constant 2015 US$ | 171.09 billion constant 2015 US$ | 10 |
| 2000s | 264.47 billion constant 2015 US$ | 179.68 billion constant 2015 US$ | 357.25 billion constant 2015 US$ | 10 |
| 2010s | 462.26 billion constant 2015 US$ | 385.86 billion constant 2015 US$ | 509.37 billion constant 2015 US$ | 10 |
| 2020s | 514.23 billion constant 2015 US$ | 476.93 billion constant 2015 US$ | 562.59 billion constant 2015 US$ | 6 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Inflation of consumer prices 23.0% (2025)
- GDP per capita 2,369 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.3% (2025)
- GDP per capita in international and market dollars 2,369 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,518 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 35.23 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 23.20 billion current US$ (2025)
- Taxes less subsidies on products 10.36 trillion current LCU (2025)
- Taxes less subsidies on products 6.82 billion current US$ (2025)
- Net primary income (Net income from abroad) -13.80 trillion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Nigeria?
- Gross domestic product (gdp) in Nigeria was 562.59 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Nigeria?
- The highest recorded value was 562.59 billion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in Nigeria?
- The lowest recorded value was 65.10 billion constant 2015 US$ in 1968.
- How does Nigeria rank for gross domestic product (gdp)?
- Nigeria ranks 25th out of 209 countries with data for 2025.
- Is gross domestic product (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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.