The gross domestic product (GDP) in current prices in Nigeria was forecast to continuously increase between 2024 and 2029 by in total 69.2 billion U.S. dollars (+34.65 percent). According to this forecast, in 2029, the GDP will have increased for the fourth consecutive year to 268.95 billion U.S. dollars. This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are 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*
268.95
2028*
260.96
2027*
239.41
2026*
224.78
2025*
194.96
2024*
199.72
2023
363.82
2022
476.47
2021
441.63
2020
432.72
2019
474.5
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. (October 22, 2024). Nigeria: Gross domestic product (GDP) in current prices from 1999 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 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. October 22, 2024. Statista. Accessed November 21, 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: November 21, 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 Oct 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 November 21, 2024)
Nigeria: Gross domestic product (GDP) in current prices from 1999 to 2029 (in billion U.S. dollars) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/383118/gross-domestic-product-gdp-in-nigeria/