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Nigeria's GDP Growth Rate

COMPOUND ANNUAL GROWTH RATES: 2015-2025

Nigeria's Compound Annual Growth Rates (CAGR) over the last 10, 5 and 3 years were 3.5%, 6.7% and 9.5% respectively.

The World Economics GDP Data Quality Ratings for Nigeria's GDP data is D Grade.

For a detailed analysis of Nigeria's GDP growth and a comparative perspective with other countries, please refer to the table below. Utilize the filter and sort order options for a comprehensive exploration

Data source: World Economics Research, London



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Data Quality Grade
(A-E)		 CAGR
10-Year
(2015-2025)		 CAGR
5-Year
(2020-2025)		 CAGR
3-Year
(2022-2025)		 Share of
Global Growth
(2015-2025)
Guyana D 18.6% 34.0% 30.1% 0.1%
Libya E 8.7% 8.5% 8.5% 0.1%
Ethiopia E 8.0% 6.3% 6.9% 0.6%
Tajikistan D 7.7% 7.7% 7.1% 0.1%
Rwanda C 7.2% 8.5% 7.9% 0.1%
Guinea E 7.1% 5.2% 5.5% 0.1%
Bangladesh C 6.6% 5.7% 4.8% 1.7%
India B 6.6% 8.1% 7.8% 15.4%
Vietnam D 6.5% 5.8% 6.1% 1.7%
Cote d'Ivoire C 6.4% 6.5% 6.3% 0.3%
Benin C 6.3% 6.7% 6.8% 0.1%
Malta B 6.3% 7.4% 7.1% 0.0%
Niger D 6.3% 6.4% 6.4% 0.1%
Ireland A 6.2% 5.0% 0.7% 0.5%
China C 6.0% 5.4% 5.1% 30.5%
Uzbekistan C 6.0% 6.5% 6.2% 0.4%
Senegal C 5.9% 6.0% 6.5% 0.1%
Georgia C 5.7% 9.0% 7.8% 0.1%
Tanzania C 5.6% 5.1% 5.5% 0.3%
Cambodia E 5.5% 5.0% 5.6% 0.2%
Congo, Dem. Rep E 5.5% 7.1% 6.6% 0.2%
Armenia B 5.4% 7.5% 6.4% 0.1%
Cyprus B 5.4% 6.0% 3.6% 0.0%
Uganda C 5.3% 5.4% 6.3% 0.2%
Burkina Faso D 5.2% 4.4% 4.5% 0.1%
Philippines C 5.2% 6.1% 5.8% 1.2%
Turkmenistan D 5.2% 5.4% 5.0% 0.1%
Dominican Republic B 5.1% 6.2% 4.1% 0.2%
Gambia C 5.1% 5.6% 5.7% 0.0%
Togo C 5.1% 5.9% 6.0% 0.0%
Ghana C 5.0% 4.4% 4.4% 0.3%
Kyrgyzstan C 4.9% 7.5% 7.7% 0.0%
Kenya C 4.8% 5.6% 5.2% 0.3%
Laos E 4.6% 3.3% 3.8% 0.1%
Nepal E 4.6% 4.2% 3.5% 0.1%
Türkiye C 4.6% 5.6% 3.7% 2.4%
Egypt D 4.5% 4.0% 3.4% 1.8%
Indonesia C 4.5% 4.8% 5.1% 3.7%
Mongolia B 4.5% 5.2% 6.5% 0.1%
Sierra Leone D 4.5% 5.1% 4.8% 0.0%
Cabo Verde C 4.4% 7.8% 5.6% 0.0%
Panama C 4.4% 8.0% 4.3% 0.1%
Guinea-Bissau E 4.3% 5.1% 5.0% 0.0%
Mali E 4.3% 4.2% 4.7% 0.1%
Bhutan E 4.2% 5.2% 5.4% 0.0%
Malaysia B 4.2% 5.1% 4.3% 1.0%
Mauritania D 4.1% 5.0% 5.8% 0.0%
Pakistan D 3.8% 3.4% 1.9% 1.1%
Zambia D 3.8% 5.4% 5.3% 0.1%
Israel A 3.7% 4.2% 1.8% 0.3%
Poland A 3.7% 3.8% 2.2% 1.0%
Serbia C 3.7% 4.5% 3.9% 0.1%
Albania C 3.6% 5.0% 3.8% 0.0%
Costa Rica B 3.6% 5.1% 4.3% 0.1%
Croatia B 3.6% 6.0% 3.5% 0.1%
Romania B 3.6% 3.2% 2.2% 0.5%
Botswana C 3.5% 4.5% 1.8% 0.0%
Cameroon C 3.5% 3.6% 3.7% 0.1%
Guatemala C 3.5% 4.6% 3.6% 0.2%
Honduras E 3.5% 5.4% 3.5% 0.1%
Kazakhstan C 3.5% 4.4% 4.9% 0.5%
Nigeria D 3.5% 6.7% 9.5% 1.8%
Taiwan A 3.4% 3.6% 2.6% 0.8%
Iceland A 3.3% 4.1% 2.2% 0.0%
Singapore A 3.3% 4.5% 2.9% 0.4%
Madagascar E 3.2% 4.4% 4.3% 0.1%
Malawi C 3.2% 2.6% 2.5% 0.0%
Bosnia and Herzegovina C 3.1% 3.9% 2.7% 0.0%
Lithuania A 3.1% 2.9% 1.9% 0.1%
Mozambique D 3.1% 3.7% 4.0% 0.0%
Slovenia A 3.1% 3.5% 2.2% 0.1%
United Arab Emirates B 3.0% 5.1% 4.4% 0.4%
Bahrain C 2.9% 4.0% 3.2% 0.1%
Bulgaria B 2.9% 3.9% 2.5% 0.1%
Mauritius B 2.9% 5.2% 4.6% 0.0%
Paraguay C 2.9% 3.4% 4.3% 0.1%
Comoros C 2.8% 3.0% 3.5% 0.0%
Hungary B 2.8% 2.8% 0.9% 0.2%
Nicaragua D 2.8% 5.1% 3.9% 0.0%
Papua New Guinea E 2.8% 3.3% 3.8% 0.0%
Morocco B 2.7% 4.2% 3.7% 0.2%
Saudi Arabia B 2.7% 5.0% 2.3% 1.0%
El Salvador C 2.6% 4.7% 3.0% 0.0%
New Zealand A 2.6% 2.5% 1.5% 0.1%
Bolivia E 2.5% 3.4% 1.2% 0.1%
Central African Republic E 2.5% 1.3% 1.7% 0.0%
Colombia B 2.5% 4.5% 1.6% 0.5%
Peru D 2.5% 4.2% 1.8% 0.3%
Zimbabwe D 2.5% 5.5% 4.4% 0.1%
Australia A 2.4% 2.7% 2.4% 0.6%
Korea, Rep. A 2.4% 2.6% 1.9% 1.2%
Moldova B 2.4% 2.7% 1.7% 0.0%
Portugal A 2.4% 4.0% 2.5% 0.2%
Estonia A 2.3% 1.1% -0.4% 0.0%
Spain A 2.3% 4.3% 2.9% 0.9%
United States A 2.3% 3.3% 2.6% 9.4%
Bahamas, The C 2.2% 7.2% 2.7% 0.0%
Eswatini D 2.2% 3.1% 3.6% 0.0%
Jordan B 2.2% 2.9% 2.8% 0.1%
North Macedonia B 2.2% 3.3% 3.0% 0.0%
Chile B 2.1% 3.7% 1.8% 0.2%
Liberia E 2.1% 4.9% 4.8% 0.0%
Slovak Republic A 2.1% 2.4% 2.0% 0.1%
Thailand C 2.1% 2.3% 2.5% 0.7%
Algeria C 2.0% 3.6% 3.6% 0.3%
Burundi E 2.0% 3.3% 3.6% 0.0%
Czechia A 2.0% 2.1% 1.2% 0.2%
Denmark A 2.0% 2.5% 1.9% 0.1%
Canada A 1.9% 3.0% 1.6% 0.7%
Gabon E 1.9% 2.6% 2.8% 0.0%
Luxembourg A 1.9% 1.8% 1.0% 0.0%
Netherlands A 1.9% 2.6% 0.7% 0.4%
Oman B 1.9% 3.3% 2.0% 0.1%
Latvia A 1.8% 2.0% 0.4% 0.0%
Russia C 1.8% 2.7% 3.1% 2.1%
Switzerland A 1.7% 2.4% 1.1% 0.2%
Belgium A 1.6% 2.8% 1.3% 0.2%
Greece B 1.6% 4.0% 2.1% 0.1%
Norway A 1.6% 2.2% 1.3% 0.1%
Sweden A 1.6% 1.9% 1.0% 0.2%
Uruguay C 1.6% 3.4% 2.3% 0.0%
Azerbaijan C 1.5% 3.6% 2.6% 0.1%
Brazil B 1.5% 3.3% 3.0% 1.2%
United Kingdom A 1.5% 3.2% 0.9% 0.9%
France A 1.3% 2.6% 1.2% 0.9%
Hong Kong B 1.3% 2.2% 2.9% 0.1%
Jamaica D 1.3% 3.3% 1.4% 0.0%
Mexico C 1.3% 3.0% 1.8% 0.8%
Namibia C 1.3% 4.3% 4.1% 0.0%
Austria A 1.2% 1.9% -0.1% 0.1%
Belarus C 1.2% 1.6% 3.5% 0.1%
Chad E 1.2% 3.3% 4.0% 0.0%
Ecuador C 1.2% 3.2% 0.4% 0.1%
Italy A 1.2% 3.1% 0.7% 0.7%
Myanmar E 1.2% -1.5% 0.4% 0.1%
Qatar B 1.2% 2.3% 1.9% 0.1%
Finland A 1.1% 1.0% 0.5% 0.1%
Tunisia C 1.1% 2.2% 1.1% 0.0%
Brunei C 0.9% 0.9% 2.6% 0.0%
Germany A 0.8% 0.9% -0.4% 0.7%
South Africa C 0.8% 1.9% 0.9% 0.2%
Sri Lanka C 0.7% -0.6% 0.1% 0.1%
Angola E 0.5% 3.0% 2.8% 0.1%
Argentina C 0.5% 3.5% 0.6% 0.1%
Japan A 0.5% 1.3% 0.9% 0.5%
Lesotho C 0.3% 2.3% 2.3% 0.0%
Kuwait C 0.0% 1.4% -0.3% 0.0%
Yemen, Rep. E -0.1% 0.1% -0.5% 0.0%
Suriname C -0.2% 1.4% 2.4% 0.0%
Haiti E -0.7% -1.7% -1.7% 0.0%
Congo, Rep. E -0.9% 2.1% 2.7% 0.0%
Ukraine C -1.1% -3.9% 3.6% -0.2%
Trinidad and Tobago C -1.3% 1.3% 2.1% 0.0%
Afghanistan E -1.7% -3.9% 3.3% 0.3%
Lebanon C -3.6% -2.9% -2.2% -0.1%
Sudan E -4.7% -8.6% -13.0% -0.2%

See: Data for individual countries by using country lists




Note: Data for years shown use end of of year values.

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Key:
Data quality grade definitions:
         A: As good as it gets
         B: Good
         C: Use with caution
         D: Poor
         E: Extremely poor quality





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