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Nigeria GDP Annual Growth Rate: 3.2% (2022)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Nigeria is estimated to be $534 Billion US dollars at the end of 2022.

The economy of Nigeria has grown at an average annual growth rate of 1.8% in the last four years and is ranked the 2nd largest economy in Africa, ahead of South Africa.

World Economics Rates Nigeria's Offical GDP Data as E

GDP Annual Growth Rate: Nigeria


Source: World Bank, World Economics
0 0 0 Nigeria|#FE1800|3.36426203503635, 5.39276048395909, 11.1606745454861, -5.22774755532083, 9.04235172630212, 6.02411784954167, -5.76415839390285, 6.75943093519176, 4.20483104427296, -13.1278804850514, -6.80338881534813, -10.9240850339387, -1.11562321716823, 5.91302745911384, 0.0609452742067873, 3.20012546702939, 7.3340254875872, 1.91938129589542, 11.7768859342069, 0.358352602582656, 4.63119294695356, -2.03511877571265, -1.81492448346319, -0.0726647666765956, 4.19592404526841, 2.937099419752, 2.58125410282553, 0.584126894585225, 5.01593475720539, 5.91768465163287, 15.3291557381864, 7.34719497034284, 9.25055822849694, 6.43851652509105, 6.05942803125548, 6.59113036073542, 6.764472777848, 8.03692510189684, 8.00565591528178, 5.30792420366642, 4.23006117510553, 6.67133539288378, 6.30971865572383, 2.65269329541834, -1.61686894991816, 0.805886619542704, 1.92275734157302, 2.2084292771582, -1.79425308233591, 3.64718654100696, 3.169 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022,








 





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Economic Indicators: Nigeria 2019 2020 2021 2022
GDP Annual Growth Rate (%) 2.2 -1.8 3.6 3.2
GDP per Capita Annual Growth Rate (%) -0.3 -4.2 1.2 3.2
Real GDP (US$ Billions, 2010) 509 500 518 534
Real GDP per Capita (US$, 2010) 2,505 2,401 2,430 2,502
Current GDP (Billions, US$) 448 432 441 454
Current GDP per Capita (US$) 2,204 2,075 2,066 2,128
Real GDP PPP (Billions, 2017) 1,032 1,014 1,050 1,084
Real GDP per Capita PPP (int$ 2017) 5,135 4,917 4,969 5,000
Data Quality Rating for Nigeria See how much you can trust Nigeria's GDP Data




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NIGERIA'S ECONOMICS
NIGERIA'S DEMOGRAPHY
NIGERIA'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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