Nigeria Nigeria GDP - Gross Domestic Product

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GDP Nigeria 2021

Nigeria: GDP increases 3.6%

Gross Domestic Product of Nigeria grew 3.6% in 2021 compared to last year. This rate is 54 -tenths of one percent higher than the figure of -1.8% published in 2020.

The GDP figure in 2021 was €373,639$440,777 million, Nigeria is number 32 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Nigeria dropped €3,169$11,354 million with respect to 2020.

The GDP per capita of Nigeria in 2021 was €1,767$2,085, €61$2 less than in 2020, when it was €1,828$2,083. 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 2011 when the GDP per capita in Nigeria was €1,829$2,544.

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 (%)
2021€373,639M$440,777M3.6%
2020€376,808M$429,423M-1.8%
2019€400,300M$448,120M2.2%
2018€357,279M$421,737M1.9%
2017€333,398M$375,745M0.8%
2016€365,820M$404,649M-1.6%
2015€444,010M$492,437M2.7%
2014€428,494M$568,499M6.3%
2013€387,857M$514,966M5.4%
2012€358,747M$460,952M4.3%
2011€297,817M$414,095M4.9%
2010€278,677M$369,062M11.3%
2009€214,050M$297,458M8.4%
2008€225,667M$330,260M7.2%
2007€191,582M$262,215M7.3%
2006€177,586M$222,791M6.7%
2005€136,498M$169,645M7.0%
2004€104,943M$130,345M10.4%
2003€91,182M$102,935M9.5%
2002€99,775M$93,983M14.6%
2001€81,706M$73,128M6.7%
2000€73,601M$67,824M5.5%
1999€53,947M$57,477M0.5%
1998$209,677M2.5%
1997$187,866M2.9%
1996$172,686M4.1%
1995$132,230M1.9%
1994$80,128M0.3%
1993$56,807M1.6%
1992$52,275M2.2%
1991$60,131M-0.6%
1990$62,165M12.8%
1989$24,174M6.5%
1988$25,022M7.5%
1987$22,553M-10.8%
1986$21,164M-8.8%
1985$26,725M8.3%
1984$27,250M-2.0%
1983$37,575M-5.1%
1982$55,511M-1.1%
1981$64,135M20.8%
1980$62,365M2.9%
1979$47,260M-2.8%
1978$36,528M-2.9%
1977$36,035M8.3%
1976$36,309M7.1%
1975$27,779M0.7%
1974$24,847M10.8%
1973$15,163M6.1%
1972$12,274M7.2%
1971$9,182M14.2%
1970$12,546M
1969$6,634M
1968$5,201M
1967$5,203M
1966$6,367M
1965$5,874M
1964$5,553M
1963$5,166M
1962$4,909M
1961$4,467M
1960$4,196M
Evolution: GDP per capita Nigeria
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2021€1,767$2,085-3.3%0.1%
2020€1,828$2,083-8.2%-6.6%
2019€1,992$2,2309.2%3.6%
2018€1,824$2,1534.4%9.4%
2017€1,747$1,969-11.2%-9.5%
2016€1,967$2,176-19.8%-20.0%
2015€2,451$2,7190.9%-15.6%
2014€2,429$3,2237.6%7.5%
2013€2,258$2,9985.3%8.8%
2012€2,145$2,75617.3%8.4%
2011€1,829$2,5444.0%9.2%
2010€1,758$2,32826.8%20.8%
2009€1,387$1,927-7.6%-12.3%
2008€1,502$2,19814.7%22.7%
2007€1,309$1,7925.1%14.6%
2006€1,246$1,56326.8%27.9%
2005€983$1,22226.8%26.8%
2004€776$96312.2%23.4%
2003€691$780-10.9%6.8%
2002€776$73119.1%25.3%
2001€652$5838.3%5.2%
2000€602$55533.1%15.1%
1999€452$482-73.3%
1998$1,8038.9%
1997$1,6566.1%
1996$1,56027.4%
1995$1,22561.0%
1994$76137.6%
1993$5536.0%
1992$522-15.2%
1991$616-5.7%
1990$653137.7%
1989$275-6.2%
1988$2937.8%
1987$2723.5%
1986$262-23.0%
1985$341-4.6%
1984$357-29.4%
1983$506-34.1%
1982$768-15.8%
1981$9110%
1980$91137.6%
1979$66225.6%
1978$527-1.7%
1977$536-3.7%
1976$55727.0%
1975$4388.8%
1974$40359.7%
1973$25220.6%
1972$20930.6%
1971$160-28.5%
1970$22484.8%
1969$12124.7%
1968$97-2.2%
1967$99-20.0%
1966$1246.1%
1965$1173.6%
1964$1135.2%
1963$1083.0%
1962$1047.6%
1961$974.3%
1960$93
Evolution: GDP growth rate at constant prices Nigeria
Evolution: GDP per capita Nigeria
GDP Nigeria