Nigeria

NGA
Updated Sep 10, 2026
Nominal GDP
$291B
+15.3%2025
GDP growth
4.01%
-0.06pp2025
Consumer inflation
23.01%
-10.2pp2025
Unemployment
3.06%
+0.02pp2025
GDP per capita
$1,224
+12.9%2025

Output & income

GDP growth

4.01%-0.06pp
-10%-5%05%2015201820212025
11 values
GDP growth, every published observation
PeriodValue
20254.01%
20244.07%
20233.32%
20224.32%
20211.11%
2020-6.37%
20192.21%
20181.92%
20170.81%
2016-1.62%
20152.65%

Nominal GDP

$291B+15.3%
$200B$400B$600B$800B2015201820212025
11 values
Nominal GDP, every published observation
PeriodValue
2025$291B
2024$252B
2023$487B
2022$647B
2021$609B
2020$599B
2019$668B
2018$422B
2017$376B
2016$405B
2015$493B

Real GDP

$563B+4.0%
$450B$500B$550B$600B2015201820212025
11 values
Real GDP, every published observation
PeriodValue
2025$563B
2024$541B
2023$520B
2022$503B
2021$482B
2020$477B
2019$509B
2018$498B
2017$489B
2016$485B
2015$493B

GDP per capita

$1,224+12.9%
0$1k$2k$3k$4k2015201820212025
11 values
GDP per capita, every published observation
PeriodValue
2025$1,224
2024$1,084
2023$2,139
2022$2,899
2021$2,787
2020$2,797
2019$3,190
2018$2,058
2017$1,876
2016$2,070
2015$2,586

Prices, rates & jobs

Consumer inflation

23.01%-10.2pp
010%20%30%40%2015201820212025
11 values
Consumer inflation, every published observation
PeriodValue
202523.01%
202433.24%
202324.66%
202218.85%
202116.95%
202013.25%
201911.4%
201812.1%
201716.5%
201615.7%
20159.01%

Unemployment

3.06%+0.02pp
2%4%6%8%2015201820212025
11 values
Unemployment, every published observation
PeriodValue
20253.06%
20243.04%
20233.07%
20223.83%
20215.4%
20205.71%
20195.21%
20185.07%
20174.83%
20164.5%
20154.13%

Trade & currency

Current account, % of GDP

4.83%-2.72pp
-5%05%10%2015201820212025
11 values
Current account, % of GDP, every published observation
PeriodValue
20254.83%
20247.54%
20231.32%
20220.16%
2021-0.53%
2020-2.67%
2019-2.05%
20181.73%
20173.61%
20161.25%
2015-3.13%

Exchange rate per USD

1,518+2.7%
05001k1.5k2k2015201820212025
11 values
Exchange rate per USD, every published observation
PeriodValue
20251,518
20241,479
2023645.2
2022426
2021401.2
2020358.8
2019306.9
2018306.1
2017305.8
2016253.5
2015192.4

FX reserves

$46.0B+13.9%
$20B$30B$40B$50B2015201820212025
11 values
FX reserves, every published observation
PeriodValue
2025$46.0B
2024$40.4B
2023$33.5B
2022$36.8B
2021$41.7B
2020$38.0B
2019$39.4B
2018$43.7B
2017$40.5B
2016$28.0B
2015$29.0B

People

Population

238M+2.1%
180M200M220M240M260M2015201820212025
11 values
Population, every published observation
PeriodValue
2025238M
2024233M
2023228M
2022223M
2021219M
2020214M
2019209M
2018205M
2017200M
2016195M
2015191M

Population growth

2.06%-0.02pp
01%2%3%2015201820212025
11 values
Population growth, every published observation
PeriodValue
20252.06%
20242.08%
20232.1%
20222.09%
20212.1%
20202.13%
20192.19%
20182.31%
20172.43%
20162.47%
20152.54%

Urban population

63.78%+0.80pp
50%55%60%65%2015201820212025
11 values
Urban population, every published observation
PeriodValue
202563.78%
202462.98%
202362.17%
202261.37%
202160.57%
202059.77%
201958.96%
201858.16%
201757.35%
201656.54%
201555.73%

All indicators

Latest reading for every indicator published for this country
IndicatorLatestChangePeriod10 years
GDP growth4.01%-0.06pp2025
Nominal GDP$291B+15.3%2025
Real GDP$563B+4.0%2025
GDP per capita$1,224+12.9%2025
Consumer inflation23.01%-10.2pp2025
Unemployment3.06%+0.02pp2025
Current account, % of GDP4.83%-2.72pp2025
Exchange rate per USD1,518+2.7%2025
FX reserves$46.0B+13.9%2025
Population238M+2.1%2025
Population growth2.06%-0.02pp2025
Urban population63.78%+0.80pp2025