Nigeria GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Nigeria's gdp growth was 3.93% in 2025, ranked 58th globally. This represents a 3.2% decrease from 2024. Data from World Bank, covering 1961–2025.
Overview
Nigeria's gdp growth stood at 3.93% in 2025, a decline of +0.13pp from 2024. The IMF projects 3.93% by 2025. Nigeria ranked 58th globally.
Nigeria’s real GDP growth in 2025 stood at 3.93 percent, placing the country 58th in the world, and is only marginally above the recent performances of peers such as Mauritania (3.95 percent) and Seychelles (3.90 percent). The 65‑year series reveals a dramatic swing from an all‑time trough of –15.74 percent in 1967, when political instability and oil price shocks depressed output, to an all‑time peak of 25.01 percent in 1970, driven by the first oil boom and expansive fiscal policies. Since the early 2000s, growth has moderated, averaging around the low‑single‑digit range, with the 2025 figure reflecting a modest recovery after the pandemic‑induced slowdown. Structural reforms in the energy sector and diversification away from oil are critical to sustain higher growth rates; absent such changes, Nigeria is likely to remain near its current trajectory, with fluctuations tied to global commodity cycles.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 3.99% | - | - |
| 2029* IMF | 3.98% | - | - |
| 2028* IMF | 3.95% | - | - |
| 2027* IMF | 3.99% | - | - |
| 2026* IMF | 4.24% | - | - |
| 2025* IMF | 3.93% | - | - |
| 2025 | 3.93% | −0.13pp | #58 |
| 2024 | 4.06% | +0.74pp | #64 |
| 2023 | 3.33% | −0.99pp | #94 |
| 2022 | 4.32% | +3.21pp | #100 |
| 2021 | 1.11% | +7.48pp | #185 |
| 2020 | -6.37% | −8.58pp | #138 |
| 2019 | 2.21% | +0.29pp | #125 |
| 2018 | 1.92% | +1.12pp | #147 |
| 2017 | 0.81% | +2.42pp | #176 |
| 2016 | -1.62% | −4.27pp | #197 |
| 2015 | 2.65% | −3.66pp | #113 |
| 2014 | 6.31% | +0.92pp | #34 |
| 2013 | 6.67% | +2.39pp | #31 |
| 2012 | 4.23% | −0.66pp | #82 |
| 2011 | 5.31% | −5.95pp | #70 |
Detected Pattern
Analysis
Nigeria matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp growth improve within 24 months. View full analysis →
Frequently Asked Questions
Nigeria's gdp growth was 3.93% in 2025. Ranked 58th globally. This represents a 3.2% decrease from the previous year.
Nigeria's gdp growth peaked at 25.01% in 1970.
The lowest gdp growth in Nigeria was -15.74% in 1967.
Nigeria ranks 58th globally in gdp growth as of 2025.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
Nigeria's gdp growth is projected to reach 3.93% by 2025 based on IMF projection.
The gdp growth of Nigeria in 2025 was 3.93%. This ranks 58th in the world.
Cite this page
@misc{historysaid_nigeria_gdp-growth,
title = {Nigeria GDP Growth},
url = {https://historysaid.com/nigeria/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}