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Nigeria: Real GDP

Millions of local currency · 1885–2025 · 129 observations · forecasts to 2031 · rGDP

2025
109 trillionlocal currency
Change on 2024
+4.0%year on year
Average growth, 2015–2025
+1.3%a year
In US dollars, 2025
$690 billionUS dollars

Real GDP

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ForecastLocal currency

Compare with other countries →Definition of Real GDP

Recent values

Millions of local currency

YearValue
2031138,900,000Forecast
2030133,300,000Forecast
2029128,000,000Forecast
2028122,800,000Forecast
2027117,900,000Forecast
2026113,000,000Forecast
2025108,600,000
2024104,400,000
2023100,300,000
202297,112,144
202193,091,672
202092,070,376
201998,333,112
201896,208,416
201794,393,456
201693,638,840

Sources

  • Broadberry & Gardner1885–2008
  • Maddison Project Database1885–2022
  • Mitchell1951–2010
  • WDI (archive)1960–1997
  • World Development Indicators1960–2025
  • FAO1970–2023
  • United Nations1970–2024
  • IMF World Economic Outlook1990–2024
  • IMF International Financial Statistics2010–2024
  • World Bank Global Economic Monitor2019–2025
  • IMF WEO (forecast)2024–2031

Compare these sources →

Nigeria documentation (PDF)

More for Nigeria

Real GDP per capita (USD)Nominal GDPInflationUnemployment rateGovernment debt (% of GDP)Current account (% of GDP)All 67 series →

Real GDP elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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