GDP in Nigeria
Nigeria: GDP was 187.76 billion current US$ in 2024. β Volatile
GDP in Nigeria, 1970β2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
In 2024, gdp in Nigeria stood at 187.76 billion current US$.
That represents a change of down 48.4% on the previous year and down 67.3% over ten years.
Over the whole period, gdp in Nigeria peaked at 574.18 billion current US$ in 2014 and was at its lowest, 9.18 billion current US$, in 1971.
That places Nigeria 57th out of 208 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.79 billion current US$ | 9.18 billion current US$ | 47.26 billion current US$ | 10 |
| 1980s | 81.69 billion current US$ | 44.00 billion current US$ | 164.47 billion current US$ | 10 |
| 1990s | 110.78 billion current US$ | 52.06 billion current US$ | 218.42 billion current US$ | 10 |
| 2000s | 180.52 billion current US$ | 69.17 billion current US$ | 339.48 billion current US$ | 10 |
| 2010s | 450.94 billion current US$ | 366.99 billion current US$ | 574.18 billion current US$ | 10 |
| 2020s | 380.41 billion current US$ | 187.76 billion current US$ | 477.40 billion current US$ | 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 187.76 billion current US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Nigeria?
- The highest recorded value was 574.18 billion current US$ in 2014.
- What is the lowest gdp recorded in Nigeria?
- The lowest recorded value was 9.18 billion current US$ in 1971.
- How does Nigeria rank for gdp?
- Nigeria ranks 57th out of 208 countries with data for 2024.
- Is gdp rising or falling in Nigeria?
- Over the last ten years it is down 67.3%. 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 US$). 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