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Unit ( Billions of US dollars )
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According to the latest statistics released by the World Bank in 2025, the gross domestic product(GDP) of the Nigeria in 2021 was $440.78 billion, ranking 32nd in the world and 1st among African countries. In 2020, the GDP of the Nigeria was $432.29 billion, ranking 28th in the world and 1st in African countries. In 2019, the GDP of Nigeria was $448.12 billion, ranking 28th in the world and 1st among African countries. In 2018, the GDP of Nigeria was $397.19 billion, ranking 32nd in the world and 2nd among African countries. The GDP growth rates of Nigeria in 2021, 2020, 2019 and 2018 were 1.96%, -3.53%, 12.82% and 5.71% respectively.
| Year | GDP | Share of World GDP |
|---|---|---|
| 2021 | $440.78 billion | 0.4587% |
| 2020 | $432.29 billion | 0.5091% |
| 2019 | $448.12 billion | 0.5112% |
| 2018 | $397.19 billion | 0.4596% |
| 2017 | $375.75 billion | 0.4616% |
| 2016 | $404.65 billion | 0.5292% |
| 2015 | $486.8 billion | 0.6475% |
| 2014 | $546.68 billion | 0.6858% |
| 2013 | $508.69 billion | 0.6555% |
| 2012 | $455.5 billion | 0.6034% |
| 2011 | $404.99 billion | 0.5484% |
| 2010 | $361.46 billion | 0.5428% |
| 2009 | $295.01 billion | 0.4851% |
| 2008 | $339.48 billion | 0.5294% |
| 2007 | $275.63 billion | 0.4723% |
| 2006 | $236.1 billion | 0.456% |
| 2005 | $176.13 billion | 0.3686% |
| 2004 | $136.39 billion | 0.3091% |
| 2003 | $104.91 billion | 0.268% |
| 2002 | $95.39 billion | 0.2732% |
| 2001 | $74.03 billion | 0.2202% |
| 2000 | $69.45 billion | 0.2053% |
| 1999 | $59.37 billion | 0.1814% |
| 1998 | $54.6 billion | 0.1731% |
| 1997 | $54.46 billion | 0.1722% |
| 1996 | $51.08 billion | 0.1609% |
| 1995 | $44.06 billion | 0.1419% |
| 1994 | $33.83 billion | 0.1214% |
| 1993 | $27.75 billion | 0.1075% |
| 1992 | $47.8 billion | 0.1881% |
| 1991 | $49.12 billion | 0.2067% |
| 1990 | $54.04 billion | 0.2372% |
| 1989 | $44 billion | 0.2179% |
| 1988 | $49.65 billion | 0.2567% |
| 1987 | $52.68 billion | 0.3044% |
| 1986 | $54.81 billion | 0.3604% |
| 1985 | $73.75 billion | 0.5734% |
| 1984 | $73.48 billion | 0.5989% |
| 1983 | $97.1 billion | 0.8202% |
| 1982 | $142.77 billion | 1.2299% |
| 1981 | $164.48 billion | 1.4027% |
| 1980 | $64.2 billion | 0.5664% |
| 1979 | $47.26 billion | 0.4701% |
| 1978 | $36.53 billion | 0.422% |
| 1977 | $36.04 billion | 0.4903% |
| 1976 | $36.31 billion | 0.5587% |
| 1975 | $27.78 billion | 0.4647% |
| 1974 | $24.85 billion | 0.463% |
| 1973 | $15.16 billion | 0.3256% |
| 1972 | $12.27 billion | 0.3216% |
| 1971 | $9.18 billion | 0.2774% |
| 1970 | $12.55 billion | 0.4187% |
| 1969 | $6.63 billion | 0.2421% |
| 1968 | $5.2 billion | 0.2093% |
| 1967 | $5.2 billion | 0.226% |
| 1966 | $6.37 billion | 0.2943% |
| 1965 | $5.87 billion | 0.2946% |
| 1964 | $5.55 billion | 0.3034% |
| 1963 | $5.17 billion | 0.309% |
| 1962 | $4.91 billion | 0.3166% |
| 1961 | $4.47 billion | 0.3084% |
| 1960 | $4.2 billion | 0.3014% |