Nigeria GDP 1960-2017 | Data | Chart | Calendar | Forecast | News

The Gross Domestic Product (GDP) in Nigeria was worth 405.10 billion US dollars in 2016. The GDP value of Nigeria represents 0.65 percent of the world economy. GDP in Nigeria averaged 92.65 USD Billion from 1960 until 2016, reaching an all time high of 568.50 USD Billion in 2014 and a record low of 4.20 USD Billion in 1960.

Nigeria GDP
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Nigeria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 8.97 3.40 10.59 -13.98 percent [+]
GDP Annual Growth Rate 1.40 0.72 19.17 -7.81 percent [+]
GDP 405.10 481.10 568.50 4.20 USD Billion [+]
GDP Constant Prices 18029404.12 16477424.00 18745360.19 56260.04 NGN Million [+]
Gross Fixed Capital Formation 2380379.81 2129446.84 2873296.49 17236.65 NGN Million [+]
GDP per capita 2457.80 2562.50 2563.10 1089.10 USD [+]
GDP per capita PPP 5438.90 5670.60 5671.90 2750.10 USD [+]
GDP From Agriculture 5189365.99 3745091.59 5189365.99 2594759.86 NGN Million [+]
GDP From Construction 541311.33 694618.72 740204.22 369190.91 NGN Million [+]
GDP From Manufacturing 1568854.70 1529172.70 1718985.30 875408.17 NGN Million [+]
GDP From Mining 1787915.72 1476395.35 2406675.90 1228692.98 NGN Million [+]
GDP From Public Administration 369042.18 400889.27 614330.87 364765.95 NGN Millions [+]
GDP From Services 6076676.80 6031847.57 7087965.28 4564086.31 NGN Millions [+]
GDP From Transport 197780.18 177693.89 229523.14 144848.60 NGN Millions [+]
GDP From Utilities 102660.20 56502.08 114401.69 51342.43 NGN Million [+]


Nigeria GDP

The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Nigeria GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Nigeria GDP - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
405.10 481.10 568.50 4.20 1960 - 2016 USD Billion Yearly
Current USD




GDP by Country
Country Last
United States 18569.10 Dec/16
Euro Area 11885.66 Dec/16
China 11199.15 Dec/16
Japan 4939.38 Dec/16
Germany 3466.76 Dec/16
United Kingdom 2618.89 Dec/16
France 2465.45 Dec/16
India 2263.52 Dec/16
Italy 1849.97 Dec/16
Brazil 1796.19 Dec/16
Canada 1529.76 Dec/16
South Korea 1411.25 Dec/16
Russia 1283.20 Dec/16
Spain 1232.09 Dec/16
Australia 1204.62 Dec/16
Mexico 1046.00 Dec/16
Indonesia 932.26 Dec/16
Turkey 857.75 Dec/16
Netherlands 770.85 Dec/16
Switzerland 659.83 Dec/16