Nigeria gdp


Nigeria gdp: 362.81 (-23.23%)
Last Update: December 31, 2023

Nigeria gdp closed down 362.81 as of December 31, 2023 from 472.62 from the previous month and 410.3 from last year.


Nigeria gdp Analytics & Data




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Nigeria gdp

Date Values
2023-12-31 362.81
2022-12-31 472.62
2021-12-31 440.84
2020-12-31 432.2
2019-12-31 448.1
2018-12-31 398.2
2017-12-31 375.8
2016-12-31 404.7
2015-12-31 494.6
2014-12-31 568.5
2013-12-31 515
2012-12-31 459.4
2011-12-31 410.3
2010-12-31 363.4
2009-12-31 291.9
2008-12-31 337
2007-12-31 275.6
2006-12-31 236.1
2005-12-31 176.1
2004-12-31 136.4
2003-12-31 104.9
2002-12-31 95.4
2001-12-31 74
2000-12-31 69.4

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Nigeria gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
gdp ng.gdp 362.81 472.62 -23 -12 Down Down 0 2023-12-31

Nigeria gdp Quantitative Analysis, Charts & Factors

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Nigeria gdp Historical Data

The MacroVar database offers free access to historical data for the Nigeria gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Nigeria gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Nigeria gdp

GDP, or Gross Domestic Product, is a measure of the total economic output of a country. In the case of Nigeria, its GDP is one of the largest in Africa, primarily driven by its oil industry. Nigeria is one of the world's largest oil producers, and this industry accounts for a significant portion of its GDP. However, Nigeria's economy is also diverse, with sectors such as agriculture, telecommunications, and services contributing to its overall GDP. Despite its size, Nigeria's GDP per capita is relatively low, indicating that the wealth generated by the country's economic output is not evenly distributed among its population.

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