Gross domestic product (GDP) in Nigeria
Nigeria: Gross domestic product (GDP) was 1.93 trillion international-$ in 2021 prices in 2025. ▲ Rising
Latest (2025)
1.93 trillion international-$ in 2021 prices
Change on year
up 4.0%
World rank
19th
of 198 countries
All-time high
1.93 trillion international-$ in 2021 prices
in 2025
All-time low
526.76 billion international-$ in 2021 prices
in 1990
Years of data
36
1990–2025
Gross domestic product (GDP) in Nigeria, 1990–2025
Source: Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Nigeria is 1.93 trillion international-$ in 2021 prices, measured in 2025. That is the highest value across all 36 years on record.
Compared with earlier readings it 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 1.93 trillion international-$ in 2021 prices in 2025 and was at its lowest, 526.76 billion international-$ in 2021 prices, in 1990.
That places Nigeria 19th out of 198 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 36 years of available data.
Gross domestic product (GDP) in Nigeria, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1990 | 526.76 billion international-$ in 2021 prices | — |
| 1991 | 528.65 billion international-$ in 2021 prices | +0.4% |
| 1992 | 553.14 billion international-$ in 2021 prices | +4.6% |
| 1993 | 541.88 billion international-$ in 2021 prices | -2.0% |
| 1994 | 532.04 billion international-$ in 2021 prices | -1.8% |
| 1995 | 531.66 billion international-$ in 2021 prices | -0.1% |
| 1996 | 553.97 billion international-$ in 2021 prices | +4.2% |
| 1997 | 570.24 billion international-$ in 2021 prices | +2.9% |
| 1998 | 584.96 billion international-$ in 2021 prices | +2.6% |
| 1999 | 588.37 billion international-$ in 2021 prices | +0.6% |
| 2000 | 617.88 billion international-$ in 2021 prices | +5.0% |
| 2001 | 654.45 billion international-$ in 2021 prices | +5.9% |
| 2002 | 754.77 billion international-$ in 2021 prices | +15.3% |
| 2003 | 810.23 billion international-$ in 2021 prices | +7.3% |
| 2004 | 885.17 billion international-$ in 2021 prices | +9.3% |
| 2005 | 942.17 billion international-$ in 2021 prices | +6.4% |
| 2006 | 999.26 billion international-$ in 2021 prices | +6.1% |
| 2007 | 1.07 trillion international-$ in 2021 prices | +6.6% |
| 2008 | 1.14 trillion international-$ in 2021 prices | +6.8% |
| 2009 | 1.23 trillion international-$ in 2021 prices | +8.0% |
| 2010 | 1.33 trillion international-$ in 2021 prices | +8.0% |
| 2011 | 1.40 trillion international-$ in 2021 prices | +5.3% |
| 2012 | 1.46 trillion international-$ in 2021 prices | +4.2% |
| 2013 | 1.55 trillion international-$ in 2021 prices | +6.7% |
| 2014 | 1.65 trillion international-$ in 2021 prices | +6.3% |
| 2015 | 1.70 trillion international-$ in 2021 prices | +2.7% |
| 2016 | 1.67 trillion international-$ in 2021 prices | -1.6% |
| 2017 | 1.68 trillion international-$ in 2021 prices | +0.8% |
| 2018 | 1.71 trillion international-$ in 2021 prices | +1.9% |
| 2019 | 1.75 trillion international-$ in 2021 prices | +2.2% |
| 2020 | 1.64 trillion international-$ in 2021 prices | -6.4% |
| 2021 | 1.66 trillion international-$ in 2021 prices | +1.1% |
| 2022 | 1.73 trillion international-$ in 2021 prices | +4.3% |
| 2023 | 1.79 trillion international-$ in 2021 prices | +3.3% |
| 2024 | 1.86 trillion international-$ in 2021 prices | +4.1% |
| 2025 | 1.93 trillion international-$ in 2021 prices | +4.0% |
Nigeria compared with similar countries
- Nigeria's 1.93 trillion international-$ in 2021 prices is above the median for lower middle income countries, which is 66.76 billion international-$ in 2021 prices, 29.0× the median. (46 countries reporting)
- Nigeria's 1.93 trillion international-$ in 2021 prices is above the median for Sub-Saharan Africa, which is 51.77 billion international-$ in 2021 prices, 37.4× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 551.17 billion international-$ in 2021 prices | 526.76 billion international-$ in 2021 prices | 588.37 billion international-$ in 2021 prices | 10 |
| 2000s | 909.48 billion international-$ in 2021 prices | 617.88 billion international-$ in 2021 prices | 1.23 trillion international-$ in 2021 prices | 10 |
| 2010s | 1.59 trillion international-$ in 2021 prices | 1.33 trillion international-$ in 2021 prices | 1.75 trillion international-$ in 2021 prices | 10 |
| 2020s | 1.77 trillion international-$ in 2021 prices | 1.64 trillion international-$ in 2021 prices | 1.93 trillion international-$ in 2021 prices | 6 |
Countries ranked near Nigeria
- 16 Canada 2.42 trillion international-$ in 2021 prices compare
- 17 Saudi Arabia 2.33 trillion international-$ in 2021 prices compare
- 18 Egypt 2.04 trillion international-$ in 2021 prices compare
- 20 Poland 1.71 trillion international-$ in 2021 prices compare
- 21 Australia 1.66 trillion international-$ in 2021 prices compare
- 22 Thailand 1.61 trillion international-$ in 2021 prices 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$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Nigeria?
- Gross domestic product (gdp) in Nigeria was 1.93 trillion international-$ in 2021 prices in 2025, according to Eurostat, OECD, IMF, and World Bank (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 1.93 trillion international-$ in 2021 prices in 2025.
- What is the lowest gross domestic product (gdp) recorded in Nigeria?
- The lowest recorded value was 526.76 billion international-$ in 2021 prices in 1990.
- How does Nigeria rank for gross domestic product (gdp)?
- Nigeria ranks 19th out of 198 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 rising.
- Where does this Nigeria data come from?
- The figures come from Eurostat, OECD, IMF, and World Bank (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.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.