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Nigeria GDP Growth

4.1%as of 2024

Nigeria's gdp growth stands at 4.1% as of 2024. The indicator has increased from null% in 2014 to 4.1% in 2024. Source: World Bank WDI.

Historical trend (20142024)

GDP Growth — Year by Year

YearValueChange
2014%
20152.7%
2016-1.6%-4.3pp
20170.8%+2.4pp
20181.9%+1.1pp
20192.2%+0.3pp
2020-6.4%-8.6pp
20211.1%+7.5pp
20224.3%+3.2pp
20233.3%-1.0pp
20244.1%+0.8pp
Source: World Bank WDI. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.

Other indicators for Nigeria

Inflation (CPI)
33.2%
Unemployment
3%
Debt / GDP
39.3%
Investment / GDP
%
Fiscal Balance
-1.3% GDP

GDP Growth in other countries

🇿🇦
South Africa
0.5%
🇪🇬
Egypt
2.4%
🇰🇪
Kenya
4.7%
🇪🇹
Ethiopia
7.6%