GDP (IMF) — all countries

GDP (IMF) — Nigeria

GDP (IMF) in Nigeria in 2031 — 496.3 bn US$. Ranked 46 in the world out of 188. Since 1990, the indicator has risen by 466.9%.

2031 496.3 bn US$ +6.77% vs 2030
World rank 46of 188
Period maximum 811.1 bn US$2014
Period minimum 73.6 bn US$1992

Trend over time

1990–2031 · billion US$

GDP (IMF) — Nigeria, 1990–203102505007501,0001990199520002005201020152020202520301990: 87.5 bn US$1991: 84.7 bn US$1992: 73.6 bn US$1993: 80 bn US$1994: 112.8 bn US$1995: 186.2 bn US$1996: 243.2 bn US$1997: 264.6 bn US$1998: 295.3 bn US$1999: 80.9 bn US$2000: 95.5 bn US$2001: 103 bn US$2002: 132.3 bn US$2003: 145 bn US$2004: 183.6 bn US$2005: 238.9 bn US$2006: 313.7 bn US$2007: 375.1 bn US$2008: 472.3 bn US$2009: 425.9 bn US$2010: 526.8 bn US$2011: 591.4 bn US$2012: 657.9 bn US$2013: 734.9 bn US$2014: 811.1 bn US$2015: 696.1 bn US$2016: 570.4 bn US$2017: 529.1 bn US$2018: 593.9 bn US$2019: 668.2 bn US$2020: 598.7 bn US$2021: 609.5 bn US$2022: 645.7 bn US$2023: 487.3 bn US$2024: 252.1 bn US$2025: 290.5 bn US$2026: 377.4 bn US$2027: 387.6 bn US$2028: 405.6 bn US$2029: 434.8 bn US$2030: 464.8 bn US$2031: 496.3 bn US$
Change over the period: +408.7 (+466.91%) Average annual rate: 4.32 %

Comparison, 2031

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

Nigeria 496.3 bn US$
World computed 157,296.9 bn US$
Sub-Saharan Africa computed 3,463.3 bn US$
Western Africa computed 1,159.4 bn US$
Lower-middle-income countries computed 13,426.1 bn US$
GDP (IMF) — Nigeria, by year Nigeria All countries CSV XLSX
Year bn US$ Change Change, %
2031 496.3 +31.4 +6.77%
2030 464.8 +30 +6.9%
2029 434.8 +29.2 +7.21%
2028 405.6 +17.9 +4.63%
2027 387.6 +10.3 +2.72%
2026 377.4 +86.9 +29.91%
2025 290.5 +38.4 +15.22%
2024 252.1 −235.2 −48.27%
2023 487.3 −158.3 −24.52%
2022 645.7 +36.2 +5.94%
2021 609.5 +10.8 +1.8%
2020 598.7 −69.5 −10.4%
2019 668.2 +74.3 +12.51%
2018 593.9 +64.8 +12.24%
2017 529.1 −41.2 −7.22%
2016 570.4 −125.7 −18.06%
2015 696.1 −115 −14.18%
2014 811.1 +76.2 +10.37%
2013 734.9 +77 +11.71%
2012 657.9 +66.5 +11.24%
2011 591.4 +64.6 +12.25%
2010 526.8 +100.9 +23.69%
2009 425.9 −46.4 −9.82%
2008 472.3 +97.2 +25.92%
2007 375.1 +61.3 +19.54%
2006 313.7 +74.8 +31.33%
2005 238.9 +55.3 +30.15%
2004 183.6 +38.6 +26.63%
2003 145 +12.6 +9.53%
2002 132.3 +29.4 +28.52%
2001 103 +7.5 +7.82%
2000 95.5 +14.6 +18%
1999 80.9 −214.3 −72.59%
1998 295.3 +30.7 +11.61%
1997 264.6 +21.4 +8.79%
1996 243.2 +57 +30.6%
1995 186.2 +73.4 +65.02%
1994 112.8 +32.8 +41.05%
1993 80 +6.4 +8.67%
1992 73.6 −11.1 −13.06%
1991 84.7 −2.9 −3.27%
1990 87.5

About the indicator

Gross domestic product in current prices, in billions of US dollars, from the IMF World Economic Outlook database. It differs from the World Bank series in the method of conversion into dollars and in that the most recent years are estimates while the next five are IMF projections. That makes the series convenient for planning, but part of the values are calculations rather than facts.

Important: Values for the current and following years are IMF estimates and projections; they are revised with every WEO release, in April and October.

Source: World Economic Outlook (IMF), license IMF open data.