GDP in constant prices — all countries

GDP in constant prices — Nigeria

GDP in constant prices in Nigeria in 2025 — 562,593,735,122 US$ 2015. Ranked 25 in the world out of 186. Since 1960, the indicator has risen by 758.2%.

2025 563B US$ 2015 +4.01% vs 2024
World rank 25of 186
Period maximum 563B US$ 20152025
Period minimum 65.1B US$ 20151968

Trend over time

1960–2025 · constant 2015 US$

GDP in constant prices — Nigeria, 1960–20250200B400B600B19601967197419811988199520022009201620231960: 65,552,393,151 US$ 20151962: 68,372,888,068 US$ 20151964: 77,913,498,064 US$ 20151966: 78,246,053,144 US$ 20151968: 65,104,275,427 US$ 20151970: 101,078,114,312 US$ 20151972: 119,353,827,264 US$ 20151974: 139,829,338,542 US$ 20151976: 144,502,285,208 US$ 20151978: 144,376,163,268 US$ 20151980: 160,616,293,803 US$ 20151982: 130,037,957,320 US$ 20151984: 114,540,246,020 US$ 20151986: 121,386,976,785 US$ 20151988: 134,458,956,986 US$ 20151990: 153,178,750,575 US$ 20151992: 160,847,095,651 US$ 20151994: 154,713,823,160 US$ 20151996: 161,088,358,075 US$ 20151998: 170,099,910,681 US$ 20152000: 179,675,448,843 US$ 20152002: 219,480,696,548 US$ 20152004: 257,401,275,804 US$ 20152006: 290,575,362,868 US$ 20152008: 330,679,000,571 US$ 20152010: 385,856,064,173 US$ 20152012: 423,525,315,758 US$ 20152014: 480,286,163,931 US$ 20152016: 485,055,087,456 US$ 20152018: 498,365,674,278 US$ 20152020: 476,930,359,900 US$ 20152022: 503,047,012,790 US$ 20152024: 540,886,022,092 US$ 20152025: 562,593,735,122 US$ 2015
Change over the period: +497B (+758.24%) Average annual rate: 3.36 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Nigeria

Nigeria 563B US$ 2015
World 99.66T US$ 2015
Sub-Saharan Africa 2.13T US$ 2015
Western Africa computed 889B US$ 2015
Lower-middle-income countries computed 8.6T US$ 2015
GDP in constant prices — Nigeria, by year Nigeria All countries CSV XLSX
Year US$ 2015 Change Change, %
2025 563B +21.71B +4.01%
2024 541B +21.16B +4.07%
2023 520B +16.68B +3.32%
2022 503B +20.83B +4.32%
2021 482B +5.29B +1.11%
2020 477B −32.44B −6.37%
2019 509B +11.01B +2.21%
2018 498B +9.4B +1.92%
2017 489B +3.91B +0.81%
2016 485B −7.97B −1.62%
2015 493B +12.74B +2.65%
2014 480B +28.51B +6.31%
2013 452B +28.25B +6.67%
2012 424B +17.19B +4.23%
2011 406B +20.48B +5.31%
2010 386B +28.6B +8.01%
2009 357B +26.58B +8.04%
2008 331B +20.95B +6.76%
2007 310B +19.15B +6.59%
2006 291B +16.6B +6.06%
2005 274B +16.57B +6.44%
2004 257B +21.79B +9.25%
2003 236B +16.13B +7.35%
2002 219B +29.17B +15.33%
2001 190B +10.63B +5.92%
2000 180B +8.58B +5.02%
1999 171B +994M +0.58%
1998 170B +4.28B +2.58%
1997 166B +4.73B +2.94%
1996 161B +6.49B +4.2%
1995 155B −112M −0.07%
1994 155B −2.86B −1.81%
1993 158B −3.27B −2.04%
1992 161B +7.12B +4.63%
1991 154B +549M +0.36%
1990 153B +16.14B +11.78%
1989 137B +2.58B +1.92%
1988 134B +9.19B +7.33%
1987 125B +3.88B +3.2%
1986 121B +73.93M +0.06%
1985 121B +6.77B +5.91%
1984 115B −1.29B −1.12%
1983 116B −14.21B −10.92%
1982 130B −9.49B −6.8%
1981 140B −21.09B −13.13%
1980 161B +6.48B +4.2%
1979 154B +9.76B +6.76%
1978 144B −8.83B −5.76%
1977 153B +8.7B +6.02%
1976 145B +11.98B +9.04%
1975 133B −7.31B −5.23%
1974 140B +14.04B +11.16%
1973 126B +6.44B +5.39%
1972 119B +3.88B +3.36%
1971 115B +14.39B +14.24%
1970 101B +20.22B +25.01%
1969 80.86B +15.75B +24.2%
1968 65.1B −823M −1.25%
1967 65.93B −12.32B −15.74%
1966 78.25B −3.47B −4.25%
1965 81.72B +3.81B +4.88%
1964 77.91B +3.68B +4.95%
1963 74.24B +5.87B +8.58%
1962 68.37B +2.69B +4.1%
1961 65.68B +126M +0.19%
1960 65.55B

About the indicator

Gross domestic product in constant 2015 prices and at the exchange rate of that same year. Unlike nominal GDP, this series does not grow with inflation or with movements of the exchange rate, so it is the only one on which the size of a country's economy can be compared with its own past. The difference accumulates fast: over thirty years the nominal GDP of most countries grew several times more than the real one, and almost all of that difference is price growth.

Important: Suited to comparing a country with itself over time, but not countries with one another: conversion at the 2015 exchange rate does not account for differences in price levels. For cross-country comparison there is GDP at PPP.

Source: World Development Indicators (World Bank), license CC BY 4.0.