GDP in Nigeria
Nigeria: GDP was 277.49 trillion current LCU in 2024. β Volatile
GDP in Nigeria, 1970β2024
Source: UNESCO Institute for Statistics. Measured in current LCU.
Analysis
In 2024, gdp in Nigeria stood at 277.49 trillion current LCU. That is the highest value across all 55 years on record.
That represents a change of up 18.4% on the previous year and up 207.9% over ten years.
Over the whole period, gdp in Nigeria peaked at 277.49 trillion current LCU in 2024 and was at its lowest, 8.96 billion current LCU, in 1970.
Nigeria ranks 16th of 208 countries on this measure, 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 | 22.63 billion current LCU | 8.96 billion current LCU | 42.91 billion current LCU | 10 |
| 1980s | 202.43 billion current LCU | 50.27 billion current LCU | 414.86 billion current LCU | 10 |
| 1990s | 2.69 trillion current LCU | 494.64 billion current LCU | 5.48 trillion current LCU | 10 |
| 2000s | 23.01 trillion current LCU | 7.06 trillion current LCU | 43.46 trillion current LCU | 10 |
| 2010s | 94.86 trillion current LCU | 54.61 trillion current LCU | 145.64 trillion current LCU | 10 |
| 2020s | 208.92 trillion current LCU | 154.25 trillion current LCU | 277.49 trillion current 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 277.49 trillion current LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Nigeria?
- The highest recorded value was 277.49 trillion current LCU in 2024.
- What is the lowest gdp recorded in Nigeria?
- The lowest recorded value was 8.96 billion current LCU in 1970.
- How does Nigeria rank for gdp?
- Nigeria ranks 16th out of 208 countries with data for 2024.
- Is gdp rising or falling in Nigeria?
- Over the last ten years it is up 207.9%. 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 (current 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