Nigeria GDP

In 2022, Nigeria witnessed an increase in its Nominal GDP, rising to 472.63 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 1,281.14 international billion dollars as per the World Bank's estimates.

Relatedly, in the preceding year of 2021, Nigeria has Nominal GDP stood at 440.84 billion dollars, while the GDP based on PPP was 1,159.18 international billion dollars.

Nigeria GDP (Worldbank Estimates)

The net change in Nigeria's GDP (Nominal) in 2022 increased by 31.79 billion dollars(6.73%), and GDP (PPP) increased by 121.96 international billion dollars(9.52%).

Source: worldbank Nominal PPP

Nigeria Annual GDP Table

NominalPPP
YearBil $Net Chg% ChgInt Bil $Net Chg% Chg
19604.20-- ---
19614.470.276.04 % ---
19624.910.448.96 % ---
19635.170.265.03 % ---
19645.550.386.85 % ---
19655.870.325.45 % ---
19666.370.507.85 % ---
19675.20-1.17-22.50 % ---
19685.200.000.00 % ---
19696.631.4321.57 % ---
197012.555.9247.17 % ---
19719.18-3.37-36.71 % ---
197212.273.0925.18 % ---
197315.162.8919.06 % ---
197424.859.6938.99 % ---
197527.782.9310.55 % ---
197636.318.5323.49 % ---
197736.04-0.27-0.75 % ---
197836.530.491.34 % ---
197947.2610.7322.70 % ---
198064.2016.9426.39 % ---
1981164.48100.2860.97 % ---
1982142.77-21.71-15.21 % ---
198397.09-45.68-47.05 % ---
198473.48-23.61-32.13 % ---
198573.750.270.37 % ---
198654.81-18.94-34.56 % ---
198752.68-2.13-4.04 % ---
198849.65-3.03-6.10 % ---
198944.00-5.65-12.84 % ---
199054.0410.0418.58 % 195.84--
199159.535.499.22 %203.197.353.62 %
199252.06-7.47-14.35 %217.4414.256.55 %
199356.724.668.22 %218.070.630.29 %
199480.4023.6829.45 %218.680.610.28 %
1995140.9260.5242.95 %223.104.421.98 %
1996185.7344.8124.13 %236.7213.625.75 %
1997200.8515.127.53 %247.8811.164.50 %
1998218.4217.578.04 %257.149.263.60 %
199959.15-159.27-269.26 %262.285.141.96 %
200069.1710.0214.49 %281.6819.406.89 %
200173.564.395.97 %305.0723.397.67 %
200295.0521.4922.61 %357.3252.2514.62 %
2003104.749.699.25 %391.1433.828.65 %
2004135.7731.0322.85 %438.8047.6610.86 %
2005175.6739.9022.71 %481.6942.898.90 %
2006238.4662.7926.33 %526.6544.968.54 %
2007278.2639.8014.30 %576.5349.888.65 %
2008339.4861.2218.03 %627.3350.808.10 %
2009295.01-44.47-15.07 %682.1054.778.03 %
2010366.9971.9819.61 %745.5663.468.51 %
2011414.4747.4811.46 %801.4455.886.97 %
2012463.9749.5010.67 %833.2931.853.82 %
2013520.1256.1510.80 %897.5164.227.16 %
2014574.1854.069.42 %971.4973.987.62 %
2015493.03-81.15-16.46 %982.9111.421.16 %
2016404.65-88.38-21.84 %973.44-9.47-0.97 %
2017375.75-28.90-7.69 %990.7017.261.74 %
2018421.7445.9910.90 %1,034.0243.324.19 %
2019474.5252.7811.12 %1,075.8241.803.89 %
2020432.20-42.32-9.79 %1,070.30-5.52-0.52 %
2021440.848.641.96 %1,159.1888.887.67 %
2022472.6331.796.73 %1,281.14121.969.52 %