Nigeria has the 23rd largest economy in the world and is one of the richest countries in the world. The gross domestic product (GDP) of Nigeria is $481.07 (USD Billion) and its growth was 2.65% from 2014 to 2015. Its highest GDP was recorded in 2014 and its average GDP in the last 10 years is $349.57 (USD Billion).
Nigeria GDP per capita is $2,640.29 (USD). However, when factoring in purchase power parity (PPP), it becomes $5,991.69 (USD), making it the 122nd richest country in the world. The average GDP adjusted to PPP per capita in the last 10 years was $5,070.72 (USD).
GDP Of Nigeria Per Year
Nigeria's GDP & Other Economic Statistics
|GNI per capita, PPP||5,800.00||5,730.00||5,800.00||International $|
|GNI, PPP||1,056.33||1,017.44||1,056.33||International $ Billion|
|GDP per capita, PPP||5,991.69||5,932.83||5,991.69||International $|
|GDP per capita growth||-0.01||3.52||5.41||%|
|GDP per capita||2,640.29||3,203.24||3,203.24||USD|
|Services, etc., value added||279.61||307.86||307.86||USD Billion|
|Industry, value added||96.99||140.10||140.10||USD Billion|
|Manufacturing, value added||45.36||54.78||54.78||USD Billion|
|Agriculture, value added||99.25||113.64||113.64||USD Billion|
|Gross domestic savings||123.85||102.76||153.98||USD Billion|
|Gross fixed capital formation||85.74||72.96||85.74||USD Billion|
|Tax revenue||1.56||1.80||5.46||% of GDP|
What is Gross Domestic Product (GDP)?
Gross Domestic Product (GDP) is a measure of market value of all final goods and service produced in a yearly period. This page provides the GDP of Nigeria – current values and historical information. The information was last updated 2016.
GDP Of Nigeria vs. Other Countries
|Rank||Country||GDP (USD Billion), 2005|