Gross Domestic Product of Nigeria grew 3.4% in 2024 compared to last year. This rate is 5 -tenths of one percent higher than the figure of 2.9% published in 2023.
The GDP figure in 2024 was €173,411$187,640 million, Nigeria is number 59 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Nigeria dropped €162,964$176,176 million with respect to 2023.
The GDP per capita of Nigeria in 2024 was €761$823, €715$774 less than in 2023, when it was €1,476$1,597. 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 2014 when the GDP per capita in Nigeria was €2,332$3,099.
If we order the countries according to their GDP per capita, Nigeria is in 182 th position. According to this parameter, its population is among the poorest of the 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.