GDP, PPP (constant 2011 international $) in Nigeria
Nigeria: GDP, PPP (constant 2011 international $) was 1.32 trillion constant 2011 international $ in 2024. ▲ Rising
Latest (2024)
1.32 trillion constant 2011 international $
Change on year
up 3.4%
World rank
26th
of 198 countries
All-time high
1.32 trillion constant 2011 international $
in 2024
All-time low
354.56 billion constant 2011 international $
in 1990
Years of data
35
1990–2024
GDP, PPP in Nigeria, 1990–2024
Source: UNESCO Institute for Statistics. Measured in constant 2011 international $.
Analysis
The most recent figure for gdp, ppp in Nigeria is 1.32 trillion constant 2011 international $, measured in 2024. That is the highest value across all 35 years on record.
That represents a change of up 3.4% on the previous year and up 18.6% over ten years.
Over the whole period, gdp, ppp in Nigeria peaked at 1.32 trillion constant 2011 international $ in 2024 and was at its lowest, 354.56 billion constant 2011 international $, in 1990.
That places Nigeria 26th out of 198 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
GDP, PPP (constant 2011 international $) in Nigeria, year by year
| Year | constant 2011 international $ | Change |
|---|---|---|
| 1990 | 354.56 billion constant 2011 international $ | — |
| 1991 | 355.83 billion constant 2011 international $ | +0.4% |
| 1992 | 372.31 billion constant 2011 international $ | +4.6% |
| 1993 | 364.73 billion constant 2011 international $ | -2.0% |
| 1994 | 358.11 billion constant 2011 international $ | -1.8% |
| 1995 | 357.85 billion constant 2011 international $ | -0.1% |
| 1996 | 372.87 billion constant 2011 international $ | +4.2% |
| 1997 | 383.82 billion constant 2011 international $ | +2.9% |
| 1998 | 393.72 billion constant 2011 international $ | +2.6% |
| 1999 | 396.02 billion constant 2011 international $ | +0.6% |
| 2000 | 415.89 billion constant 2011 international $ | +5.0% |
| 2001 | 440.50 billion constant 2011 international $ | +5.9% |
| 2002 | 508.02 billion constant 2011 international $ | +15.3% |
| 2003 | 545.35 billion constant 2011 international $ | +7.3% |
| 2004 | 595.80 billion constant 2011 international $ | +9.3% |
| 2005 | 634.16 billion constant 2011 international $ | +6.4% |
| 2006 | 672.58 billion constant 2011 international $ | +6.1% |
| 2007 | 716.91 billion constant 2011 international $ | +6.6% |
| 2008 | 765.41 billion constant 2011 international $ | +6.8% |
| 2009 | 826.92 billion constant 2011 international $ | +8.0% |
| 2010 | 893.13 billion constant 2011 international $ | +8.0% |
| 2011 | 940.53 billion constant 2011 international $ | +5.3% |
| 2012 | 980.32 billion constant 2011 international $ | +4.2% |
| 2013 | 1.05 trillion constant 2011 international $ | +6.7% |
| 2014 | 1.11 trillion constant 2011 international $ | +6.3% |
| 2015 | 1.14 trillion constant 2011 international $ | +2.7% |
| 2016 | 1.12 trillion constant 2011 international $ | -1.6% |
| 2017 | 1.13 trillion constant 2011 international $ | +0.8% |
| 2018 | 1.15 trillion constant 2011 international $ | +1.9% |
| 2019 | 1.18 trillion constant 2011 international $ | +2.2% |
| 2020 | 1.16 trillion constant 2011 international $ | -1.8% |
| 2021 | 1.20 trillion constant 2011 international $ | +3.6% |
| 2022 | 1.24 trillion constant 2011 international $ | +3.3% |
| 2023 | 1.27 trillion constant 2011 international $ | +2.9% |
| 2024 | 1.32 trillion constant 2011 international $ | +3.4% |
Nigeria compared with similar countries
- Nigeria's 1.32 trillion constant 2011 international $ is above the median for lower middle income countries, which is 62.43 billion constant 2011 international $, 21.1× the median. (46 countries reporting)
- Nigeria's 1.32 trillion constant 2011 international $ is above the median for Sub-Saharan Africa, which is 47.98 billion constant 2011 international $, 27.5× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 370.98 billion constant 2011 international $ | 354.56 billion constant 2011 international $ | 396.02 billion constant 2011 international $ | 10 |
| 2000s | 612.15 billion constant 2011 international $ | 415.89 billion constant 2011 international $ | 826.92 billion constant 2011 international $ | 10 |
| 2010s | 1.07 trillion constant 2011 international $ | 893.13 billion constant 2011 international $ | 1.18 trillion constant 2011 international $ | 10 |
| 2020s | 1.24 trillion constant 2011 international $ | 1.16 trillion constant 2011 international $ | 1.32 trillion constant 2011 international $ | 5 |
Countries ranked near Nigeria
- 23 Bangladesh 1.47 trillion constant 2011 international $ compare
- 24 Vietnam 1.46 trillion constant 2011 international $ compare
- 25 Pakistan 1.39 trillion constant 2011 international $ compare
- 27 Netherlands 1.28 trillion constant 2011 international $ compare
- 28 Argentina 1.21 trillion constant 2011 international $ compare
- 29 Malaysia 1.21 trillion constant 2011 international $ compare
More population data for Nigeria
- Population regions with projections, annual growth rate 0.0306 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -3.23 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.0306 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.1509 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 377,460 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 2.22 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.5063 % change on previous year (2100)
- Population growth rate 0.023 (2100)
- Population density 523.46 (2100)
- Projected population under age 5 32.05 million (2100)
Frequently asked questions
- What is gdp, ppp in Nigeria?
- Gdp, ppp in Nigeria was 1.32 trillion constant 2011 international $ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp, ppp recorded in Nigeria?
- The highest recorded value was 1.32 trillion constant 2011 international $ in 2024.
- What is the lowest gdp, ppp recorded in Nigeria?
- The lowest recorded value was 354.56 billion constant 2011 international $ in 1990.
- How does Nigeria rank for gdp, ppp?
- Nigeria ranks 26th out of 198 countries with data for 2024.
- Is gdp, ppp rising or falling in Nigeria?
- Over the last ten years it is up 18.6%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP, PPP (constant 2011 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release