🇳🇬Rank #48

Nigeria GDP (2026)

Updated · Source: IMF World Economic Outlook, April 2026

Nominal Gross Domestic Product (GDP) of Nigeria is $377.37 billion as of 2026, according to the International Monetary Fund (IMF). The GDP growth rate in 2026 is 4.1%. GDP per capita is $1,556.

Nigeria GDP Trend

Nominal GDP of Nigeria has grown from $87.54 billion in 1990 to $377.37 billion in 2026.

$0.0B$202.8B$405.6B$608.4B$811.1B19901995200020052010201520202025

Nigeria GDP Growth Rate (%)

This chart shows the year-over-year real GDP growth rate of Nigeria. Hover any bar to see the exact value for that year.

Average Growth
4.21%
Best Year
2002 (+14.6%)
Worst Year
2020 (-6.4%)
Years of Contraction
3 of 36
15.0%0.0%19911996200120062011201620212026

GDP per capita in Nigeria rose from $1,223 in 2025 to $1,556 in 2026, an increase of 27.2%.

"Nigeria GDP", "Nigeria gross domestic product", and "Nigeria economy size" all refer to the same nominal GDP figure.

Gross Domestic Product (GDP) of Nigeria

The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Nigeria for every year IMF has published data, from 1990 to 2026. Click any column header to sort, or search by year.

Nigeria nominal GDP by year
Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2026$377,365,000,0004.1%$1,5562.11%
2025$290,491,000,0004%$1,2232.11%
2024$252,109,000,0004.1%$1,0842.1%
2023$487,347,000,0003.3%$2,1392.12%
2022$645,682,000,0004.3%$2,8942.12%
2021$609,479,000,0001.1%$2,7892.12%
2020$598,725,000,000-6.4%$2,7982.15%
2019$668,219,000,0002.2%$3,1902.22%
2018$593,897,000,0001.9%$2,8982.34%
2017$529,144,000,0000.8%$2,6422.46%
2016$570,351,000,000-1.6%$2,9182.5%
2015$696,088,000,0002.7%$3,6512.57%
2014$811,134,000,0006.3%$4,3632.68%
2013$734,890,000,0005.4%$4,0592.75%
2012$657,854,000,0004.3%$3,7342.81%
2011$591,367,000,0004.9%$3,4512.84%
2010$526,809,000,00011.3%$3,1612.93%
2009$425,922,000,0008.4%$2,6312.93%
2008$472,283,000,0007.2%$3,0022.93%
2007$375,055,000,0007.3%$2,4542.93%
2006$313,737,000,0006.7%$2,1132.93%
2005$238,895,000,0007%$1,6562.93%
2004$183,553,000,00010.4%$1,3102.93%
2003$144,955,000,0009.5%$1,0642.93%
2002$132,347,000,00014.6%$1,0002.93%
2001$102,980,000,0006.7%$8012.93%
2000$95,510,000,0005.5%$7652.93%
1999$80,940,000,0000.5%$6672.93%
1998$295,269,000,0002.5%$2,5042.93%
1997$264,554,000,0002.9%$2,3102.93%
1996$243,178,000,0004.1%$2,1852.93%
1995$186,207,000,0001.9%$1,7222.93%
1994$112,837,000,0000.3%$1,0742.93%
1993$79,996,000,0001.6%$7842.93%
1992$73,614,000,0002.2%$7422.93%
1991$84,676,000,000-0.6%$8792.93%
1990$87,542,000,000$9350.88%

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Nigeria GDP Projections (IMF)

IMF projects nominal GDP for Nigeria through 2031, based on current growth and inflation assumptions.

Nigeria nominal GDP by year
Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2031$496,284,000,0004.2%$1,8442.1%
2030$464,836,000,0004.2%$1,7632.1%
2029$434,814,000,0004.2%$1,6842.1%
2028$405,582,000,0004.1%$1,6042.11%
2027$387,645,000,0004.3%$1,5652.1%

Compare Nigeria to Nearby-Ranked Economies

Nigeria ranks #48 in the world by nominal GDP. See how it compares to the economies ranked just above and below it.

#47Portugal GDP#49Kazakhstan GDP

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Frequently Asked Questions

What is the GDP of Nigeria?

The nominal GDP of Nigeria in 2026 is $377.37 billion, according to the IMF World Economic Outlook (April 2026). This ranks Nigeria 48th in the world by nominal GDP.

What is the GDP growth rate of Nigeria?

The GDP growth rate of Nigeria in 2026 is 4.1%, per IMF estimates.

What is the GDP per capita of Nigeria?

GDP per capita in Nigeria in 2026 is $1,556, per IMF data.

Is the GDP of Nigeria expected to grow?

IMF projects the nominal GDP of Nigeria to reach $496.28 billion by 2031, up from $377.37 billion in 2026.

Sources: IMF, World Economic Outlook (April 2026).

See also: GDP by Country (all countries) · Full World GDP Ranking Analysis · What is GDP?

Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.