Contact Contacts
Real GDP growth (IMF) — all countries

Real GDP growth (IMF) — Nigeria

Real GDP growth (IMF) in Nigeria in 2031 — 4.2%. Ranked 47 in the world out of 189. Since 1991, the indicator has risen by 4.8 pp.

2031 4.2% +0 pp vs 2030
World rank 47of 189
Period maximum 14.6%2002
Period minimum -6.4%2020

Trend over time

1991–2031 · % per year

Real GDP growth (IMF) — Nigeria, 1991–2031-1001020199119951999200320072011201520192023202720311991: -0.6%1992: 2.2%1993: 1.6%1994: 0.3%1995: 1.9%1996: 4.1%1997: 2.9%1998: 2.5%1999: 0.5%2000: 5.5%2001: 6.7%2002: 14.6%2003: 9.5%2004: 10.4%2005: 7%2006: 6.7%2007: 7.3%2008: 7.2%2009: 8.4%2010: 11.3%2011: 4.9%2012: 4.3%2013: 5.4%2014: 6.3%2015: 2.7%2016: -1.6%2017: 0.8%2018: 1.9%2019: 2.2%2020: -6.4%2021: 1.1%2022: 4.3%2023: 3.3%2024: 4.1%2025: 4%2026: 4.1%2027: 4.3%2028: 4.1%2029: 4.2%2030: 4.2%2031: 4.2%
Change over the period: +4.8 pp Annual average: 0.12 pp

Comparison, 2031

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

Nigeria 4.2%
World computed 2.48%
Sub-Saharan Africa computed 4.61%
Western Africa computed 5%
Lower-middle-income countries computed 5.67%
Real GDP growth (IMF) — Nigeria, by year Nigeria All countries CSV XLSX
Year % Change, pp
2031 4.2 +0 pp
2030 4.2 +0 pp
2029 4.2 +0.1 pp
2028 4.1 −0.2 pp
2027 4.3 +0.2 pp
2026 4.1 +0.1 pp
2025 4 −0.1 pp
2024 4.1 +0.8 pp
2023 3.3 −1 pp
2022 4.3 +3.2 pp
2021 1.1 +7.5 pp
2020 -6.4 −8.6 pp
2019 2.2 +0.3 pp
2018 1.9 +1.1 pp
2017 0.8 +2.4 pp
2016 -1.6 −4.3 pp
2015 2.7 −3.6 pp
2014 6.3 +0.9 pp
2013 5.4 +1.1 pp
2012 4.3 −0.6 pp
2011 4.9 −6.4 pp
2010 11.3 +2.9 pp
2009 8.4 +1.2 pp
2008 7.2 −0.1 pp
2007 7.3 +0.6 pp
2006 6.7 −0.3 pp
2005 7 −3.4 pp
2004 10.4 +0.9 pp
2003 9.5 −5.1 pp
2002 14.6 +7.9 pp
2001 6.7 +1.2 pp
2000 5.5 +5 pp
1999 0.5 −2 pp
1998 2.5 −0.4 pp
1997 2.9 −1.2 pp
1996 4.1 +2.2 pp
1995 1.9 +1.6 pp
1994 0.3 −1.3 pp
1993 1.6 −0.6 pp
1992 2.2 +2.8 pp
1991 -0.6 —

Western Africa, 2031

The same indicator for neighboring countries — with links to their pages

GN Guinea 7.2 CI Côte d'Ivoire 6.5 BJ Benin 6 NE Niger 6 LR Liberia 5.5 TG Togo 5.5 ML Mali 5.2 CV Cabo Verde 5.1 GM Gambia 5 GH Ghana 5 BF Burkina Faso 4.9 SN Senegal 4.6 SL Sierra Leone 4.5 GW Guinea-Bissau 4.2 NG Nigeria 4.2 MR Mauritania 3
Full table for all countries

About the indicator

The annual growth rate of GDP in constant prices from the IMF World Economic Outlook database. It is the main reference point for judging the prospects of economies: these are the figures quoted as the IMF growth forecast. Values for past years are actuals from the national accounts; those for the current and future years are estimates and projections.

Important: The projection years are revised twice a year, and the divergence from the eventual actuals can be substantial for commodity economies.

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

Other indicators for Nigeria

Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

Nigeria by year Economy GDP (IMF)

GDP in current dollars as estimated by the IMF — with a forecast several years ahead.

Nigeria by year Economy Inflation, average consumer prices (IMF)

The average annual rise in consumer prices as estimated and projected by the IMF.

Nigeria by year Labor Unemployment rate (IMF)

Unemployment as estimated by the IMF — with a forecast, for countries with reliable labor market statistics.

Nigeria by year
All indicators for Nigeria