Gross Domestic Product — Value Standard Local Currency, per square in Nigeria
Nigeria: Gross Domestic Product — Value Standard Local Currency, per square was 257.39 million SLC per square kilometre in 2023. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, per square in Nigeria, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Nigeria recorded 257.39 million SLC per square kilometre for gross domestic product — value standard local currency, per square in 2023. That is the highest value across all 54 years on record.
The figure is up 15.8% on the previous year and up 186.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, per square in Nigeria peaked at 257.39 million SLC per square kilometre in 2023 and was at its lowest, 0.023 million SLC per square kilometre, in 1970.
That places Nigeria 30th out of 192 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, per square in Nigeria, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.023 million SLC per square kilometre | — |
| 1971 | 0.0267 million SLC per square kilometre | +15.8% |
| 1972 | 0.0299 million SLC per square kilometre | +12.2% |
| 1973 | 0.0344 million SLC per square kilometre | +14.9% |
| 1974 | 0.0534 million SLC per square kilometre | +55.1% |
| 1975 | 0.0663 million SLC per square kilometre | +24.2% |
| 1976 | 0.0823 million SLC per square kilometre | +24.2% |
| 1977 | 0.0985 million SLC per square kilometre | +19.7% |
| 1978 | 0.1084 million SLC per square kilometre | +10.0% |
| 1979 | 0.1247 million SLC per square kilometre | +15.1% |
| 1980 | 0.1464 million SLC per square kilometre | +17.4% |
| 1981 | 0.153 million SLC per square kilometre | +4.5% |
| 1982 | 0.1637 million SLC per square kilometre | +7.0% |
| 1983 | 0.1743 million SLC per square kilometre | +6.5% |
| 1984 | 0.1821 million SLC per square kilometre | +4.5% |
| 1985 | 0.2062 million SLC per square kilometre | +13.3% |
| 1986 | 0.2175 million SLC per square kilometre | +5.5% |
| 1987 | 0.2687 million SLC per square kilometre | +23.5% |
| 1988 | 0.3465 million SLC per square kilometre | +29.0% |
| 1989 | 0.4555 million SLC per square kilometre | +31.4% |
| 1990 | 0.5431 million SLC per square kilometre | +19.2% |
| 1991 | 0.6479 million SLC per square kilometre | +19.3% |
| 1992 | 0.9948 million SLC per square kilometre | +53.5% |
| 1993 | 1.38 million SLC per square kilometre | +38.8% |
| 1994 | 1.94 million SLC per square kilometre | +40.7% |
| 1995 | 3.4 million SLC per square kilometre | +75.3% |
| 1996 | 4.49 million SLC per square kilometre | +31.8% |
| 1997 | 4.85 million SLC per square kilometre | +8.1% |
| 1998 | 5.28 million SLC per square kilometre | +8.7% |
| 1999 | 6.02 million SLC per square kilometre | +14.1% |
| 2000 | 7.75 million SLC per square kilometre | +28.8% |
| 2001 | 9.04 million SLC per square kilometre | +16.6% |
| 2002 | 12.63 million SLC per square kilometre | +39.7% |
| 2003 | 14.89 million SLC per square kilometre | +17.9% |
| 2004 | 19.9 million SLC per square kilometre | +33.7% |
| 2005 | 25.39 million SLC per square kilometre | +27.6% |
| 2006 | 33.35 million SLC per square kilometre | +31.4% |
| 2007 | 38.07 million SLC per square kilometre | +14.2% |
| 2008 | 43.87 million SLC per square kilometre | +15.2% |
| 2009 | 47.72 million SLC per square kilometre | +8.8% |
| 2010 | 61.84 million SLC per square kilometre | +29.6% |
| 2011 | 70.76 million SLC per square kilometre | +14.4% |
| 2012 | 80.68 million SLC per square kilometre | +14.0% |
| 2013 | 89.95 million SLC per square kilometre | +11.5% |
| 2014 | 100.17 million SLC per square kilometre | +11.4% |
| 2015 | 105.64 million SLC per square kilometre | +5.5% |
| 2016 | 112.62 million SLC per square kilometre | +6.6% |
| 2017 | 126.16 million SLC per square kilometre | +12.0% |
| 2018 | 141.73 million SLC per square kilometre | +12.3% |
| 2019 | 159.91 million SLC per square kilometre | +12.8% |
| 2020 | 169.36 million SLC per square kilometre | +5.9% |
| 2021 | 193.33 million SLC per square kilometre | +14.1% |
| 2022 | 222.19 million SLC per square kilometre | +14.9% |
| 2023 | 257.39 million SLC per square kilometre | +15.8% |
Nigeria compared with similar countries
- Nigeria's 257.39 million SLC per square kilometre is above the median for lower middle income countries, which is 25.16 million SLC per square kilometre, 10.2× the median. (43 countries reporting)
- Nigeria's 257.39 million SLC per square kilometre is above the median for Sub-Saharan Africa, which is 26.01 million SLC per square kilometre, 9.9× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, per square 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 |
|---|---|---|---|
| 1995 | +75.3% | 1.94 million SLC per square kilometre | 3.4 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0648 million SLC per square kilometre | 0.023 million SLC per square kilometre | 0.1247 million SLC per square kilometre | 10 |
| 1980s | 0.2314 million SLC per square kilometre | 0.1464 million SLC per square kilometre | 0.4555 million SLC per square kilometre | 10 |
| 1990s | 2.95 million SLC per square kilometre | 0.5431 million SLC per square kilometre | 6.02 million SLC per square kilometre | 10 |
| 2000s | 25.26 million SLC per square kilometre | 7.75 million SLC per square kilometre | 47.72 million SLC per square kilometre | 10 |
| 2010s | 104.95 million SLC per square kilometre | 61.84 million SLC per square kilometre | 159.91 million SLC per square kilometre | 10 |
| 2020s | 210.57 million SLC per square kilometre | 169.36 million SLC per square kilometre | 257.39 million SLC per square kilometre | 4 |
Countries ranked near Nigeria
- 27 Mauritius 326.35 million SLC per square kilometre compare
- 28 Jamaica 276.48 million SLC per square kilometre compare
- 29 Equatorial Guinea 262.02 million SLC per square kilometre compare
- 31 Myanmar 208.55 million SLC per square kilometre compare
- 32 French Polynesia 203.4 million SLC per square kilometre compare
- 33 Malawi 155.5 million SLC per square kilometre 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 — value standard local currency, per square in Nigeria?
- Gross domestic product — value standard local currency, per square in Nigeria was 257.39 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, per square recorded in Nigeria?
- The highest recorded value was 257.39 million SLC per square kilometre in 2023.
- What is the lowest gross domestic product — value standard local currency, per square recorded in Nigeria?
- The lowest recorded value was 0.023 million SLC per square kilometre in 1970.
- How does Nigeria rank for gross domestic product — value standard local currency, per square?
- Nigeria ranks 30th out of 192 countries with data for 2023.
- Is gross domestic product — value standard local currency, per square rising or falling in Nigeria?
- Over the last ten years it is up 186.1%. 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 Gross Domestic Product — Value Standard Local Currency, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Gross Domestic Product — Value Standard Local Currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.