GDP for Nigeria
Updated on July 23, 2024.

According to the World Bank, in 2024, the Gross Domestic Product (GDP) for Nigeria was US$ 362.82B. A difference of US$ -109.81B (23% decrease) compared to 2023.

The chart and table below shows the GDP for 1961-2024.

You can see similar information for other African countries.

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Data Source: World Bank.
GDP for Nigeria (US$)
Table of GDP for Nigeria
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Year GDP (US$)
1961 4,196,174,502
1962 4,467,287,893
1963 4,909,399,176
1964 5,165,590,254
1965 5,552,931,319
1966 5,874,537,650
1967 6,366,917,453
1968 5,203,237,919
1969 5,200,997,920
1970 6,634,317,346
1971 12,546,094,982
1972 9,181,769,912
1973 12,274,416,018
1974 15,162,871,287
1975 24,846,641,318
1976 27,778,934,625
1977 36,308,883,249
1978 36,035,407,725
1979 36,527,862,209
1980 47,259,911,894
1981 64,201,788,123
1982 164,475,209,516
1983 142,769,363,314
1984 97,094,911,792
1985 73,484,359,521
1986 73,745,821,158
1987 54,805,852,581
1988 52,676,041,931
1989 49,648,470,440
1990 44,003,061,108
1991 54,035,795,388
1992 59,526,833,412
1993 52,058,181,854
1994 56,721,051,402
1995 80,399,613,064
1996 140,919,776,986
1997 185,730,236,700
1998 200,850,397,618
1999 218,416,200,673
2000 59,145,077,039
2001 69,171,451,627
2002 73,557,840,064
2003 95,054,059,303
2004 104,738,954,264
2005 135,764,731,646
2006 175,670,569,969
2007 238,454,997,161
2008 278,260,846,800
2009 339,476,276,258
2010 295,008,835,381
2011 366,990,417,129
2012 414,466,676,831
2013 463,971,018,239
2014 520,117,180,314
2015 574,183,763,412
2016 493,026,682,801
2017 404,649,125,252
2018 375,745,731,053
2019 421,739,251,509
2020 474,517,490,844
2021 432,198,898,468
2022 440,838,992,188
2023 472,624,596,926
2024 362,814,951,696