World 8.2bn peopleGDP $118tnLife expectancy 73.5 yrsOnline 73.6%
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Economy · Sub-Saharan Africa · Lower-middle income

Nigeria: the economy in numbers

GDP is $291bn (2025), 50th of 211 in the world and 2nd of 46 in Sub-Saharan Africa. GDP per capita is $1,224 (2025), 189th of 211 in the world and 26th of 46 in Sub-Saharan Africa. GDP per capita, PPP is $9,532 (2025), 141st of 199 in the world and 11th of 46 in Sub-Saharan Africa.

GDP$291bn2025 · world 50/211 · region 2/46GDP per capita$1,2242025 · world 189/211 · region 26/46GDP per capita, PPP$9,5322025 · world 141/199 · region 11/46GNI per capita$1,3602025 · world 175/201 · region 23/46
GDP
Nigeria
$0$200bn$400bn$600bn$800bn1995200020052010201520202025Nigeria$291bn
GDP per capita
NigeriaSub-Saharan AfricaLower-middle incomeWorld
$0$5,000$10,000$15,0001995200020052010201520202025Nigeria$1,224Sub-Saharan AfricaLower-middle incomeWorld
11 indicators

Economy: Nigeria in detail

Latest reported value, world rank and rank within Sub-Saharan Africa; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.

IndicatorLatestWorld rankIn region~2000~2010~202010-year changeRegionIncome groupWorldSince 2000
GDPGDP, current US$$291bn202550/2112/46$69.2bn$367bn$599bn−41%since 2015$2.2tn$7.3tn$118tn
GDP per capitaGDP per capita, current US$$1,2242025189/21126/46$547$2,202$2,797−53%since 2015$1,673$2,481$14,406
GDP per capita, PPPGDP per capita, PPP (current international $)$9,5322025141/19911/46$3,139$6,301$7,415+30%since 2015$5,786$10,942$25,704
GNI per capitaGNI per capita, Atlas method, US$$1,3602025175/20123/46·$2,050$2,460−51%since 2015$1,610$2,488$14,244
GDP growthGDP growth, annual %4.0%202578/21028/465.0%8.0%-6.4%+1.4 ppsince 20154.1%6.0%2.9%
GDP per capita growthGDP per capita growth, annual %1.9%2025122/21026/462.2%5.0%-8.3%+1.8 ppsince 20151.6%4.6%2.0%
Agriculture shareAgriculture, forestry and fishing, % of GDP23.0%202528/19819/4521.4%23.9%28.3%+2.3 ppsince 201517.9%17.8%4.0%
Industry shareIndustry incl. construction, % of GDP16.4%2025153/20137/4533.8%25.3%18.4%−3.7 ppsince 201525.1%31.3%25.0%
Manufacturing shareManufacturing, value added, % of GDP8.3%2025123/19426/4313.9%6.6%8.1%−1.2 ppsince 20159.6%16.9%14.9%
Services shareServices, % of GDP58.2%202599/2018/4543.8%50.8%52.4%+0.1 ppsince 201550.2%61.3%63.3%
Resource rentsNatural resources rents, % of GDP8.6%202152/20921/4624.9%13.8%5.1%−9.0 ppsince 201110.0%4.7%3.1%
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.

Better than ten years ago

Worse than ten years ago

Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).

neighbours

Nigeria and its neighbours

Countries sharing a land border with Nigeria. Latest values since 2005; the highest in each row is marked.

IndicatorNigeriaCameroonNigerChadBeninSão Tomé and Príncipe
GDP$291bn2025$58.9bn2025$21.6bn2025$21.5bn2025$24.6bn2025$981m2025
GDP per capita$1,2242025$1,9722025$7752025$1,0222025$1,6582025$4,0842025
GDP per capita, PPP$9,5322025$5,7882025$2,1772025$2,9032025$4,8172025$6,3882025
GNI per capita$1,3602025$1,8602025$7502025$9702025$1,6002025$3,8002025
GDP growth4.0%20253.2%20257.0%20255.6%20258.1%20251.0%2025
GDP per capita growth1.9%20250.6%20253.6%20252.0%20255.5%2025-1.0%2025
Agriculture share23.0%202516.8%202547.6%202536.3%202522.9%202512.2%2025
Industry share16.4%202524.8%202518.7%202526.7%202517.5%20252.2%2025
Manufacturing share8.3%202514.6%20257.0%20246.3%202410.2%20250.6%2025
Cameroon: economyNiger: economyChad: economyBenin: economySão Tomé and Príncipe: economy
Economy in Sub-Saharan Africaall 48 economies rankedEconomy: lower-middle-income countries47 economies rankedEconomy: world leaderboardstop and bottom countriesNigeria: all key statisticscountry profile