Gross domestic product (GDP), Constant prices, Per capita, Domestic in Nigeria
Nigeria: Gross domestic product (GDP), Constant prices, Per capita, Domestic was 1.08 million in 2031. ▲ Rising
Gross domestic product (GDP), Constant prices, Per capita, Domestic in Nigeria, 1990–2031
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, per capita, domestic in Nigeria is 1.08 million, measured in 2031. That is the highest value across all 42 years on record.
That represents a change of up 2.0% on the previous year and up 21.1% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, per capita, domestic in Nigeria peaked at 1.08 million in 2031 and was at its lowest, 526,285, in 1999.
That places Nigeria 5th out of 26 countries with data for 2031, putting it in the top quarter.
The long-run direction has been consistently rising across the 42 years of available data.
Gross domestic product (GDP), Constant prices, Per capita, Domestic in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 586,692 | — |
| 1991 | 566,869 | -3.4% |
| 1992 | 562,837 | -0.7% |
| 1993 | 555,418 | -1.3% |
| 1994 | 541,015 | -2.6% |
| 1995 | 535,479 | -1.0% |
| 1996 | 541,339 | +1.1% |
| 1997 | 541,130 | -0.0% |
| 1998 | 538,870 | -0.4% |
| 1999 | 526,285 | -2.3% |
| 2000 | 539,543 | +2.5% |
| 2001 | 559,155 | +3.6% |
| 2002 | 622,601 | +11.3% |
| 2003 | 662,386 | +6.4% |
| 2004 | 710,758 | +7.3% |
| 2005 | 738,953 | +4.0% |
| 2006 | 766,238 | +3.7% |
| 2007 | 798,938 | +4.3% |
| 2008 | 832,112 | +4.2% |
| 2009 | 875,993 | +5.3% |
| 2010 | 946,917 | +8.1% |
| 2011 | 965,746 | +2.0% |
| 2012 | 979,518 | +1.4% |
| 2013 | 1.00 million | +2.6% |
| 2014 | 1.04 million | +3.5% |
| 2015 | 1.04 million | +0.1% |
| 2016 | 999,263 | -4.0% |
| 2017 | 983,117 | -1.6% |
| 2018 | 979,117 | -0.4% |
| 2019 | 979,019 | -0.0% |
| 2020 | 897,345 | -8.3% |
| 2021 | 888,478 | -1.0% |
| 2022 | 907,654 | +2.2% |
| 2023 | 918,279 | +1.2% |
| 2024 | 935,962 | +1.9% |
| 2025 | 953,457 | +1.9% |
| 2026 | 971,695 | +1.9% |
| 2027 | 992,809 | +2.2% |
| 2028 | 1.01 million | +2.0% |
| 2029 | 1.03 million | +2.1% |
| 2030 | 1.05 million | +2.0% |
| 2031 | 1.08 million | +2.0% |
Nigeria compared with similar countries
- Nigeria's 1.08 million is above the median for lower middle income countries, which is 92,693, 11.6× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 549,593 | 526,285 | 586,692 | 10 |
| 2000s | 710,668 | 539,543 | 875,993 | 10 |
| 2010s | 991,876 | 946,917 | 1.04 million | 10 |
| 2020s | 951,187 | 888,478 | 1.03 million | 10 |
| 2030s | 1.07 million | 1.05 million | 1.08 million | 2 |
Countries ranked near Nigeria
- 2 Korea 50.84 million compare
- 3 Japan 5.16 million compare
- 4 Chinese Taipei 1.35 million compare
- 6 Dominican Republic 611,898 compare
- 7 Hong Kong, China 466,735 compare
- 8 India 306,606 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), constant prices, per capita, domestic in Nigeria?
- Gross domestic product (gdp), constant prices, per capita, domestic in Nigeria was 1.08 million in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, per capita, domestic recorded in Nigeria?
- The highest recorded value was 1.08 million in 2031.
- What is the lowest gross domestic product (gdp), constant prices, per capita, domestic recorded in Nigeria?
- The lowest recorded value was 526,285 in 1999.
- How does Nigeria rank for gross domestic product (gdp), constant prices, per capita, domestic?
- Nigeria ranks 5th out of 26 countries with data for 2031.
- Is gross domestic product (gdp), constant prices, per capita, domestic rising or falling in Nigeria?
- Over the last ten years it is up 21.1%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Per capita, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.