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Nigeria GDP

Nigeria's GDP is $609.1B in 2021 — ranked #23 in the world, accounting for 0.62% of global GDP.

ISO: NGAWorld rank: #23Member of: Sub-Saharan Africa, Lower middle incomeSource: World Bank
$609.1B
GDP (2021)
$2,787
GDP per capita
0.62%
of world GDP

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Nigeria GDP history (2015–2024), per capita, growth and world share. Excel and CSV.

Key figures

IndicatorValueYear
GDP (current US$)$609.1B2021
GDP per capita$2,7872021
GDP growth+1.1%2021
Population218.5M2021
World GDP rank#232021
Share of world GDP0.62%2021

GDP history

Year-by-year GDP data for Nigeria.

$493.0B 2015 $404.6B 2016 $375.7B 2017 $421.7B 2018 $668.2B 2019 $598.6B 2020 $609.1B 2021 $647.0B 2022 $487.4B 2023 $252.3B 2024
YearGDPPer capitaGrowthRank% World
2024$252.3B$1,084+4.1%#540.23%
2023$487.4B$2,139+3.3%#310.46%
2022$647.0B$2,899+4.3%#220.63%
2021$609.1B$2,787+1.1%#230.62%
2020$598.6B$2,797-6.4%#220.70%
2019$668.2B$3,190+2.2%#210.76%
2018$421.7B$2,058+1.9%#290.48%
2017$375.7B$1,876+0.8%#310.46%
2016$404.6B$2,070-1.6%#270.53%
2015$493.0B$2,586+2.7%#230.65%

FAQ

What is the GDP of Nigeria?

Nigeria's GDP is $609.1B in 2021, ranking #23 in the world and making up 0.62% of global GDP.

What is Nigeria's GDP per capita?

GDP per capita is $2,787.

What share of world GDP is Nigeria?

Nigeria accounts for 0.62% of world GDP in 2021.

About. Figures from the World Bank's World Development Indicators. Full historical series (2015–2024) available in the download above.

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