Share of world GDP — all countries

Share of world GDP — Nigeria

Share of world GDP in Nigeria in 2031 — 1.147%. Ranked 19 in the world out of 189. Since 1990, the indicator has risen by 0.298 pp.

2031 1.147% +0.013 pp vs 2030
World rank 19of 189
Period maximum 1.227%2014
Period minimum 0.696%1999

Trend over time

1990–2031 · % of world GDP

Share of world GDP — Nigeria, 1990–20310.60.811.21.41990199520002005201020152020202520301990: 0.849%1991: 0.826%1992: 0.758%1993: 0.755%1994: 0.736%1995: 0.724%1996: 0.726%1997: 0.718%1998: 0.717%1999: 0.696%2000: 0.699%2001: 0.728%2002: 0.811%2003: 0.857%2004: 0.901%2005: 0.921%2006: 0.935%2007: 0.953%2008: 0.994%2009: 1.084%2010: 1.147%2011: 1.159%2012: 1.171%2013: 1.194%2014: 1.227%2015: 1.219%2016: 1.163%2017: 1.13%2018: 1.106%2019: 1.125%2020: 1.131%2021: 1.056%2022: 1.062%2023: 1.063%2024: 1.07%2025: 1.077%2026: 1.088%2027: 1.1%2028: 1.11%2029: 1.122%2030: 1.134%2031: 1.147%
Change over the period: +0.298 pp Annual average: 0.01 pp

Comparison, 2031

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

Nigeria 1.147%
World computed 99.592%
Sub-Saharan Africa computed 3.977%
Western Africa computed 1.801%
Share of world GDP — Nigeria, by year Nigeria All countries CSV XLSX
Year % Change, pp
2031 1.147 +0.013 pp
2030 1.134 +0.012 pp
2029 1.122 +0.012 pp
2028 1.11 +0.01 pp
2027 1.1 +0.012 pp
2026 1.088 +0.011 pp
2025 1.077 +0.007 pp
2024 1.07 +0.007 pp
2023 1.063 +0.001 pp
2022 1.062 +0.006 pp
2021 1.056 −0.075 pp
2020 1.131 +0.006 pp
2019 1.125 +0.019 pp
2018 1.106 −0.024 pp
2017 1.13 −0.033 pp
2016 1.163 −0.056 pp
2015 1.219 −0.008 pp
2014 1.227 +0.033 pp
2013 1.194 +0.023 pp
2012 1.171 +0.012 pp
2011 1.159 +0.012 pp
2010 1.147 +0.063 pp
2009 1.084 +0.09 pp
2008 0.994 +0.041 pp
2007 0.953 +0.018 pp
2006 0.935 +0.014 pp
2005 0.921 +0.02 pp
2004 0.901 +0.044 pp
2003 0.857 +0.046 pp
2002 0.811 +0.083 pp
2001 0.728 +0.029 pp
2000 0.699 +0.003 pp
1999 0.696 −0.021 pp
1998 0.717 −0.001 pp
1997 0.718 −0.008 pp
1996 0.726 +0.002 pp
1995 0.724 −0.012 pp
1994 0.736 −0.019 pp
1993 0.755 −0.003 pp
1992 0.758 −0.068 pp
1991 0.826 −0.023 pp
1990 0.849

About the indicator

A country's share of world gross product measured at purchasing power parity. This is the indicator used when speaking of the shift of economic weight between regions: at PPP the shares look different than at market exchange rates — the weight of China and India is markedly higher, that of advanced countries lower, because prices for non-traded services are lower in poorer countries. The IMF series runs with a forecast several years ahead.

Important: The only indicator in the section where the sum over a group of countries has a direct meaning: the shares add up, and for a group the result is its weight in the world economy. The whole world should come to one hundred percent.

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