Nigeria's Share of Global GDP Growth

PERCENTAGE SHARE OF GLOBAL GROWTH IN THE PAST 10 YEARS


Over the past 10 years the global economy has grown by 35%. Nigeria's contribution to this growth was 0.9% when measured in Purchasing Power Parity terms with added estimates for the informal economy and allowances made for base year age.

Nigeria's data is highlighted in the table below. Use the filter and sort order options to allow easy comparison with other countries.

Data source: World Economics Research, London


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Country: World Economics
Data Quality Grade
(A-E)
GDP 2013
(Billions, Int$)
GDP 2023
(Billions, Int$)
Share of
10-Year Growth
(2013-2023)
China C 20,968 38,954 30.0
India C 11,062 20,413 15.6
United States A 20,878 26,122 8.8
Indonesia C 3,599 5,550 3.3
Türkiye B 2,324 3,859 2.6
Egypt D 1,743 2,902 1.9
Russia C 6,899 8,008 1.9
Pakistan D 874 1,964 1.8
Bangladesh E 1,018 1,995 1.6
Brazil B 4,347 5,286 1.6
Vietnam E 1,014 1,893 1.5
Mexico C 3,185 3,915 1.2
Korea, Rep. A 2,501 3,215 1.2
Germany A 5,164 5,818 1.1
Philippines C 970 1,615 1.1
United Kingdom A 3,475 4,075 1.0
Poland B 1,374 1,973 1.0
Saudi Arabia C 2,050 2,637 1.0
Malaysia B 1,037 1,582 0.9
Nigeria E 1,900 2,414 0.9
Spain A 2,228 2,724 0.8
France A 3,804 4,268 0.8
Taiwan A 1,121 1,555 0.7
Japan A 5,846 6,279 0.7
Ireland A 264 684 0.7
Canada A 2,103 2,484 0.6
Thailand D 1,847 2,220 0.6
Italy A 3,484 3,831 0.6
Australia A 1,380 1,725 0.6
Colombia B 979 1,304 0.5
Ethiopia E 239 546 0.5
Romania B 656 960 0.5
Netherlands A 1,122 1,364 0.4
Kazakhstan D 690 932 0.4
United Arab Emirates B 640 867 0.4
Singapore A 599 812 0.4
South Africa B 1,067 1,279 0.4
Kenya D 267 470 0.3
Israel A 383 570 0.3
Argentina C 1,583 1,769 0.3
Uzbekistan D 225 406 0.3
Peru D 612 784 0.3
Cote d'Ivoire C 159 321 0.3
Tanzania D 217 377 0.3
Morocco C 289 444 0.3
Chile A 546 697 0.3
Myanmar D 320 471 0.3
Sweden A 623 770 0.2
Dominican Republic B 207 351 0.2
Algeria C 576 719 0.2
Switzerland A 647 789 0.2
Libya E 35 177 0.2
Belgium A 756 897 0.2
Hungary B 349 480 0.2
Ghana C 233 362 0.2
Congo, Dem. Rep E 162 289 0.2
Guatemala D 231 332 0.2
Denmark A 393 493 0.2
Portugal A 429 529 0.2
Panama D 143 243 0.2
Norway A 468 564 0.2
Nepal E 154 239 0.1
Uganda D 125 204 0.1
New Zealand A 208 283 0.1
Bulgaria B 201 274 0.1
Qatar B 312 385 0.1
Oman B 165 237 0.1
Cameroon D 133 204 0.1
Austria A 573 643 0.1
Greece B 411 478 0.1
Sri Lanka C 339 405 0.1
Hong Kong A 487 553 0.1
Ukraine C 737 801 0.1
Cambodia E 87 150 0.1
Serbia B 172 233 0.1
Croatia B 144 203 0.1
Costa Rica B 112 170 0.1
Bolivia E 158 213 0.1
Belarus C 297 351 0.1
Senegal C 72 124 0.1
Guyana E 5 55 0.1
Azerbaijan D 245 296 0.1
Turkmenistan D 80 131 0.1
Slovak Republic B 196 244 0.1
Georgia B 74 120 0.1
Guinea E 51 95 0.1
Lithuania B 120 162 0.1
Paraguay D 124 165 0.1
Mali E 69 109 0.1
Ecuador D 332 370 0.1
Finland A 332 370 0.1
Zambia D 91 128 0.1
Laos E 55 92 0.1
Tajikistan E 30 64 0.1
Honduras E 79 113 0.1
Benin C 45 78 0.1
Burkina Faso C 55 88 0.1
Slovenia A 94 127 0.1
Armenia B 49 80 0.1
Tunisia D 169 200 0.1
Uruguay B 115 146 0.1
Rwanda C 31 61 0.1
Kuwait D 274 304 0.1
Angola E 475 504 0.0
Niger C 40 69 0.0
Jordan B 108 136 0.0
Botswana C 41 68 0.0
Mozambique D 53 80 0.0
Bahrain C 91 117 0.0
Mongolia B 47 72 0.0
El Salvador C 84 107 0.0
Madagascar E 67 89 0.0
Bosnia and Herzegovina D 63 85 0.0
Cyprus A 38 60 0.0
Zimbabwe E 91 112 0.0
Papua New Guinea E 44 65 0.0
Nicaragua D 57 78 0.0
Luxembourg A 78 97 0.0
Malta B 21 40 0.0
Gabon E 80 99 0.0
Latvia B 71 89 0.0
Albania C 48 66 0.0
Kyrgyzstan D 40 57 0.0
Estonia B 55 70 0.0
Togo C 22 38 0.0
Congo, Rep. E 57 71 0.0
Chad E 43 58 0.0
Mauritania D 33 47 0.0
Malawi C 37 51 0.0
Moldova B 42 55 0.0
Sierra Leone D 15 26 0.0
Mauritius B 29 40 0.0
North Macedonia B 46 57 0.0
Iceland A 21 29 0.0
Namibia C 36 44 0.0
Bhutan E 11 18 0.0
Eswatini D 17 22 0.0
Gambia D 9 13 0.0
Bahamas, The B 15 19 0.0
Jamaica E 38 42 0.0
Burundi E 17 20 0.0
Central African Republic E 9 11 0.0
Guinea-Bissau E 5 7 0.0
Liberia E 12 14 0.0
Yemen, Rep. E 56 58 0.0
Comoros D 3 4 0.0
Suriname C 16 16 0.0
Lesotho C 9 9 0.0
Haiti E 57 56 0.0
Sudan E 263 253 0.0
Afghanistan E 191 172 0.0
Lebanon D 126 91 -0.1

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Key:
Data Quality Grade definitions:
         A: As good as it gets;
         B: Use with caution;
         C: Unreliable for many purposes
         D: Extremely poor quality.











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