GDP in Nigeria
Nigeria: GDP was 80.61 trillion constant LCU in 2024. β Volatile
GDP in Nigeria, 1970β2024
Source: UNESCO Institute for Statistics. Measured in constant LCU.
Analysis
Nigeria recorded 80.61 trillion constant LCU for gdp in 2024. That is the highest value across all 55 years on record.
The figure is up 3.4% on the previous year and up 18.6% over ten years.
Over the whole period, gdp in Nigeria peaked at 80.61 trillion constant LCU in 2024 and was at its lowest, 14.31 trillion constant LCU, in 1970.
That places Nigeria 20th out of 209 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.83 trillion constant LCU | 14.31 trillion constant LCU | 21.82 trillion constant LCU | 10 |
| 1980s | 18.40 trillion constant LCU | 16.21 trillion constant LCU | 22.73 trillion constant LCU | 10 |
| 1990s | 22.68 trillion constant LCU | 21.68 trillion constant LCU | 24.22 trillion constant LCU | 10 |
| 2000s | 37.43 trillion constant LCU | 25.43 trillion constant LCU | 50.56 trillion constant LCU | 10 |
| 2010s | 65.43 trillion constant LCU | 54.61 trillion constant LCU | 72.09 trillion constant LCU | 10 |
| 2020s | 75.70 trillion constant LCU | 70.80 trillion constant LCU | 80.61 trillion constant LCU | 5 |
Countries ranked near Nigeria
More population data for Nigeria
- Population growth rate by level of development 0.023 (2100)
- Projected population under age 5 32.05 million (2100)
- Population density 523.46 (2100)
- Population growth rate 0.023 (2100)
- Fertility and wanted fertility 4.38 (2024)
- Refugee population by country or territory of asylum 96,387 (2024)
- Fertility vs unmet contraception 4.38 (2024)
- Fertility vs contraception 4.38 (2024)
- Natural population growth 2.12 (2023)
- Fertility rate with projections 4.48 (2023)
Frequently asked questions
- What is gdp in Nigeria?
- Gdp in Nigeria was 80.61 trillion constant LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Nigeria?
- The highest recorded value was 80.61 trillion constant LCU in 2024.
- What is the lowest gdp recorded in Nigeria?
- The lowest recorded value was 14.31 trillion constant LCU in 1970.
- How does Nigeria rank for gdp?
- Nigeria ranks 20th out of 209 countries with data for 2024.
- Is gdp rising or falling in Nigeria?
- Over the last ten years it is up 18.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release