The gross domestic product (GDP) in current prices in Nigeria was forecast to continuously increase between 2024 and 2029 by in total 35.1 billion U.S. dollars (+13.89 percent). According to this forecast in 2029, the GDP will have increased for the fourth consecutive year to 287.85 billion U.S. dollars. The gross domestic product at current prices is defined based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like Togo, Niger and Senegal.
Nigeria: Gross domestic product (GDP) in current prices from 1999 to 2029
(in billion U.S. dollars)
Characteristic
Gross domestic product in billion U.S. dollars
2029*
287.85
2028*
276.78
2027*
265.78
2026*
254.83
2025*
251.2
2024*
252.74
2023*
374.95
2022
477.38
2021
441.42
2020
429.42
2019
448.12
2018
421.74
2017
375.74
2016
404.65
2015
492.44
2014
568.5
2013
514.97
2012
460.95
2011
414.1
2010
369.06
2009
297.46
2008
330.26
2007
262.21
2006
222.79
2005
169.65
2004
130.34
2003
102.94
2002
93.98
2001
73.13
2000
67.82
1999
57.48
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IMF. (April 22, 2024). Nigeria: Gross domestic product (GDP) in current prices from 1999 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/383118/gross-domestic-product-gdp-in-nigeria/
IMF. "Nigeria: Gross domestic product (GDP) in current prices from 1999 to 2029 (in billion U.S. dollars)." Chart. April 22, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/383118/gross-domestic-product-gdp-in-nigeria/
IMF. (2024). Nigeria: Gross domestic product (GDP) in current prices from 1999 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/383118/gross-domestic-product-gdp-in-nigeria/
IMF. "Nigeria: Gross Domestic Product (Gdp) in Current Prices from 1999 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/383118/gross-domestic-product-gdp-in-nigeria/
IMF, Nigeria: Gross domestic product (GDP) in current prices from 1999 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/383118/gross-domestic-product-gdp-in-nigeria/ (last visited July 22, 2024)
Nigeria: Gross domestic product (GDP) in current prices from 1999 to 2029 (in billion U.S. dollars) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/383118/gross-domestic-product-gdp-in-nigeria/