Nigeria GDP (2026)

IMF (2026)

Nominal (current) Gross Domestic Product (GDP) of Nigeria is $386.67 billion ($386,671,000,000) as of 2026, according to the International Monetary Fund (IMF). #48 in the world
The GDP growth rate in 2026 is 4.2%, according to the International Monetary Fund (IMF).
GDP per Capita in Nigeria (with a population of 242,431,832 people) is $1,594 in 2026, an increase of $371 from $1,223 in 2025; this represents a change of 30.4% in GDP per capita. #187 in the world

GDP Change (%)

Gross Domestic Product (GDP) of Nigeria

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2026$386,671,000,0004.2%$1,594+2.06%
2025$290,491,000,0004.0%$1,223+2.08%
2024$252,109,000,0004.1%$1,084+2.10%
2023$487,347,000,0003.3%$2,139+2.12%
2022$645,682,000,0004.3%$2,893+2.11%
2021$609,479,000,0001.1%$2,789+2.12%
2020$598,725,000,000−6.4%$2,798+2.15%
2019$668,219,000,0002.2%$3,190+2.22%
2018$593,897,000,0001.9%$2,898+2.34%
2017$529,144,000,0000.8%$2,642+2.46%
2016$570,351,000,000−1.6%$2,918+2.50%
2015$696,088,000,0002.7%$3,651+2.57%
2014$811,134,000,0006.3%$4,363+2.68%
2013$734,890,000,0005.4%$4,059+2.75%
2012$657,854,000,0004.3%$3,734+2.81%
2011$591,367,000,0004.9%$3,451+2.84%
2010$526,809,000,00011.3%$3,161+2.83%
2009$425,922,000,0008.4%$2,631+2.83%
2008$472,283,000,0007.2%$3,002+2.82%
2007$375,055,000,0007.3%$2,454+2.81%
2006$313,737,000,0006.7%$2,113+2.80%
2005$238,895,000,0007.0%$1,656+2.81%
2004$183,553,000,00010.4%$1,310+2.81%
2003$144,955,000,0009.5%$1,064+2.80%
2002$132,347,000,00014.6%$1,000+2.78%
2001$102,980,000,0006.7%$801+2.75%
2000$95,510,000,0005.5%$765+2.71%
1999$80,940,000,0000.5%$667+2.67%
1998$295,269,000,0002.5%$2,504+2.65%
1997$264,554,000,0002.9%$2,310+2.64%
1996$243,178,000,0004.1%$2,185+2.65%
1995$186,207,000,0001.9%$1,722+2.67%
1994$112,837,000,0000.3%$1,074+2.68%
1993$79,996,000,0001.6%$784+2.69%
1992$73,614,000,0002.2%$742+2.66%
1991$84,676,000,000−0.6%$879+2.68%
1990$87,542,000,000$935+2.74%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2026$2,438,180,000,000$10,0515.5%+2.06%
2025$2,263,725,000,000$9,5284.6%+2.08%
2024$2,120,557,000,000$9,1144.5%+2.10%
2023$1,986,716,000,000$8,7185%+2.12%
2022$1,853,462,000,000$8,3069.5%+2.11%
2021$1,658,305,000,000$7,5882.3%+2.12%
2020$1,586,734,000,000$7,415−1.8%+2.15%
2019$1,581,909,000,000$7,5515.5%+2.22%
2018$1,466,987,000,000$7,1581.7%+2.34%
2017$1,409,126,000,000$7,0370.1%+2.46%
2016$1,373,267,000,000$7,026−3.1%+2.50%
2015$1,382,697,000,000$7,2521%+2.57%
2014$1,334,581,000,000$7,1795.3%+2.68%
2013$1,233,880,000,000$6,8154.3%+2.75%
2012$1,151,134,000,000$6,5333.3%+2.81%
2011$1,083,717,000,000$6,3234.1%+2.84%
2010$1,012,333,000,000$6,0759.4%+2.83%
2009$898,963,000,000$5,5525.9%+2.83%
2008$824,573,000,000$5,2426.2%+2.82%
2007$754,659,000,000$4,9387.1%+2.81%
2006$684,649,000,000$4,6116.9%+2.80%
2005$622,311,000,000$4,3147.2%+2.81%
2004$563,871,000,000$4,02310.2%+2.81%
2003$497,190,000,000$3,6518.5%+2.80%
2002$445,253,000,000$3,36513.1%+2.78%
2001$382,568,000,000$2,9766%+2.75%
2000$350,759,000,000$2,8084.8%+2.71%
1999$325,052,000,000$2,679−1%+2.67%
1998$318,852,000,000$2,7040.7%+2.65%
1997$307,631,000,000$2,6861.7%+2.64%
1996$293,934,000,000$2,6412.9%+2.65%
1995$277,408,000,000$2,5661.1%+2.67%
1994$266,718,000,000$2,539−0.5%+2.68%
1993$260,473,000,000$2,5521%+2.69%
1992$250,513,000,000$2,5261.6%+2.66%
1991$239,674,000,000$2,488−0.1%+2.68%
1990$233,119,000,000$2,490–+2.74%
YearGDP Nominal (Current USD)GDP Real (Constant, Inflation Adjusted)Pop. Change
2025$290,794,361,542$562,593,735,122+2.08%
2024$252,261,880,140$540,886,022,092+2.10%
2023$487,387,801,878$519,727,567,205+2.12%
2022$646,950,257,575$503,047,012,790+2.11%
2021$609,147,716,965$482,220,722,032+2.12%
2020$598,586,817,817$476,930,359,900+2.15%
2019$668,219,992,687$509,371,727,742+2.22%
2018$421,739,251,509$498,365,674,278+2.34%
2017$375,745,731,053$488,964,081,501+2.46%
2016$404,649,125,252$485,055,087,456+2.50%
2015$493,026,682,801$493,026,682,801+2.57%
2014$574,183,763,412$480,286,163,931+2.68%
2013$520,117,180,314$451,780,110,047+2.75%
2012$463,971,018,239$423,525,315,758+2.81%
2011$414,466,676,831$406,337,011,591+2.84%
2010$366,990,417,129$385,856,064,173+2.83%
2009$295,008,835,381$357,255,424,172+2.83%
2008$339,476,276,258$330,679,000,571+2.82%
2007$278,260,846,800$309,727,563,830+2.81%
2006$238,454,997,161$290,575,362,868+2.80%
2005$175,670,569,969$273,974,099,483+2.81%
2004$135,764,731,646$257,401,275,804+2.81%
2003$104,738,954,264$235,606,371,240+2.80%
2002$95,054,059,303$219,480,696,548+2.78%
2001$73,557,840,064$190,308,075,298+2.75%
2000$69,171,451,627$179,675,448,843+2.71%
1999$59,145,077,039$171,093,510,004+2.67%
1998$218,416,200,673$170,099,910,681+2.65%
1997$200,850,397,618$165,819,683,304+2.64%
1996$185,730,236,700$161,088,358,074+2.65%
1995$140,919,776,986$154,601,400,725+2.67%
1994$80,399,613,064$154,713,823,160+2.68%
1993$56,721,051,402$157,573,666,210+2.69%
1992$52,058,181,854$160,847,095,651+2.66%
1991$59,526,833,412$153,727,670,613+2.68%
1990$54,035,795,388$153,178,750,575+2.74%
1989$44,003,061,108$137,039,737,058+2.73%
1988$49,648,470,440$134,458,956,986+2.71%
1987$52,676,041,931$125,271,512,343+2.70%
1986$54,805,852,581$121,386,976,785+2.75%
1985$73,745,821,158$121,313,042,219+2.87%
1984$73,484,359,521$114,540,246,020+2.60%
1983$97,094,911,792$115,832,500,286+2.63%
1982$142,769,363,314$130,037,957,320+3.04%
1981$164,475,209,516$139,530,778,713+3.12%
1980$64,201,788,123$160,616,293,803+3.17%
1979$47,259,911,894$154,135,170,311+3.13%
1978$36,527,862,209$144,376,163,268+3.11%
1977$36,035,407,725$153,207,273,165+3.03%
1976$36,308,883,249$144,502,285,208+2.91%
1975$27,778,934,625$132,519,413,715+2.81%
1974$24,846,641,318$139,829,338,542+2.66%
1973$15,162,871,287$125,790,293,297+2.53%
1972$12,274,416,018$119,353,827,264+2.42%
1971$9,181,769,912$115,469,142,733+2.36%
1970$12,546,094,982$101,078,114,312+2.31%
1969$6,634,317,346$80,857,806,917+2.24%
1968$5,200,997,920$65,104,275,427+2.18%
1967$5,203,237,919$65,927,285,450+2.16%
1966$6,366,917,453$78,246,053,144+2.20%
1965$5,874,537,650$81,719,554,395+2.19%
1964$5,552,931,319$77,913,498,064+2.16%
1963$5,165,590,254$74,238,337,576+2.15%
1962$4,909,399,176$68,372,888,068+2.12%
1961$4,467,287,893$65,678,119,685+2.08%
1960$4,196,174,502$65,552,393,151+2.02%

Nigeria GDP Projections (IMF)

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2027$467,900,000,0004.3%$1,889+2.04%
2028$485,066,000,0004.1%$1,918+2.01%
2029$510,898,000,0004.2%$1,979+1.98%
2030$542,229,000,0004.2%$2,057+1.95%
2031$578,231,000,0004.2%$2,148+1.92%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2027$2,623,638,000,000$10,593−3.9%+2.04%
2028$2,788,583,000,000$11,027−3.9%+2.01%
2029$2,961,878,000,000$11,470−3.8%+1.98%
2030$3,143,310,000,000$11,922−3.7%+1.95%
2031$3,331,295,000,000$12,375–+1.92%

Sources:

IMF, World Economic Outlook (October 2026).
World Bank
National Accounts Data – United Nations Statistics Division
World Population Prospects: The 2024 Revision – United Nations Population Division

See Also:

GDP by Country
GDP per Capita by Country
What is GDP?
Population of Nigeria