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Nigeria  

GDP Nigeria 2018

GDP grows 1.9% in Nigeria

Gross Domestic Product of Nigeria grew 1.9% in 2018 compared to last year. This rate is 11 -tenths of one percent higher than the figure of 0.8% published in 2017.

The GDP figure in 2018 was €336,384$397,270 million, Nigeria is number 31 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Nigeria rose €3,233$20,909 million with respect to 2017.

The GDP per capita of Nigeria in 2018 was €1,717$2,028, €28$56 less than in 2017, when it was €1,745$1,972. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2008 when the GDP per capita in Nigeria was €1,519$2,234.

If we order the countries according to their GDP per capita, Nigeria is in 148th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Nigeria. You can see GDP in other countries in GDP and see all the economic information about Nigeria in Nigeria's economy.

Evolution: Annual GDP Nigeria
DateAnnual GDPAnnual GDPGDP Growth (%)
2018336,384M.€397,270M.$1.9%
2017333,151M.€376,361M.$0.8%
2016366,286M.€405,442M.$-1.6%
2015445,102M.€493,841M.$2.7%
2014427,923M.€568,496M.$6.3%
2013387,746M.€514,965M.$5.4%
2012358,773M.€460,952M.$4.3%
2011297,482M.€414,095M.$4.9%
2010278,390M.€369,062M.$11.3%
2009213,262M.€297,458M.$8.4%
2008224,544M.€330,260M.$7.2%
2007191,328M.€262,215M.$7.3%
2006177,438M.€222,791M.$6.7%
2005136,360M.€169,645M.$7.0%
2004104,787M.€130,345M.$10.4%
200390,996M.€102,935M.$9.5%
200299,390M.€93,983M.$14.6%
200181,653M.€73,128M.$6.7%
200073,434M.€67,824M.$5.5%
199953,929M.€57,477M.$0.5%
1998209,677M.$2.5%
1997187,866M.$2.9%
1996172,686M.$4.1%
1995132,230M.$1.9%
199480,128M.$0.3%
199356,807M.$1.6%
199252,275M.$2.2%
199160,131M.$-0.6%
199062,165M.$12.8%
198924,174M.$6.5%
198825,022M.$7.5%
198722,553M.$-10.8%
198621,164M.$-8.8%
198526,725M.$8.3%
198427,250M.$-2.0%
198337,575M.$-5.1%
198255,511M.$-1.1%
198164,135M.$20.8%
198062,365M.$2.9%
197947,260M.$-2.8%
197836,528M.$-2.9%
197736,035M.$8.3%
197636,309M.$7.1%
197527,779M.$0.7%
197424,847M.$10.8%
197315,163M.$6.1%
197212,274M.$7.2%
19719,182M.$14.2%
197012,546M.$
19696,634M.$
19685,201M.$
19675,203M.$
19666,367M.$
19655,874M.$
19645,553M.$
19635,166M.$
19624,909M.$
19614,467M.$
19604,196M.$
Evolution: GDP per capita Nigeria
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
20181,717€2,028$-1.6%2.9%
20171,745€1,972$-11.4%-9.6%
20161,970€2,180$-19.8%-20.0%
20152,457€2,726$1.3%-15.4%
20142,426€3,223$7.5%7.5%
20132,257€2,998$3.7%7.2%
20122,178€2,798$17.4%8.3%
20111,855€2,583$4.0%9.2%
20101,784€2,365$27.1%20.8%
20091,404€1,959$-7.6%-12.3%
20081,519€2,234$14.2%22.6%
20071,330€1,823$4.9%14.6%
20061,267€1,591$26.6%27.8%
20051,001€1,245$26.6%26.7%
2004790€983$12.1%23.2%
2003705€798$-10.9%6.6%
2002791€748$18.5%25.1%
2001668€598$8.2%4.9%
2000617€570$32.5%14.8%
1999466€496$-73.3%
19981,861$8.6%
19971,713$5.9%
19961,618$27.1%
19951,273$60.6%
1994793$37.3%
1993578$5.8%
1992546$-15.4%
1991645$-6.0%
1990686$149.9%
1989275$-6.2%
1988293$7.8%
1987272$3.5%
1986262$-23.0%
1985341$-4.6%
1984357$-29.4%
1983506$-34.1%
1982768$-15.8%
1981911$0%
1980911$37.6%
1979662$25.6%
1978527$-1.7%
1977536$-3.7%
1976557$27.0%
1975438$8.8%
1974403$59.7%
1973252$20.6%
1972209$30.6%
1971160$-28.5%
1970224$84.8%
1969121$24.7%
196897$-2.2%
196799$-20.0%
1966124$6.1%
1965117$3.6%
1964113$5.2%
1963108$3.0%
1962104$7.6%
196197$4.3%
196093$
Evolution: GDP growth rate at constant prices Nigeria
Evolution: GDP per capita Nigeria
GDP Nigeria