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COUNTRY OUTLOOK / NG

Nigeria

Unverified rate framework · ISO:NG

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Missing or stale rateTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalAbuja
RegionSub-Saharan Africa
Income groupLower middle income
CurrencyNigerian naira
GDP$290.79B2025 · current US$
Real GDP growth4.01%2025 · annual %
Population237.53M2025 · people
GDP per capita$1,224.252025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Nigeria's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityISO:NG
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

4.01% · 2025 · annual %

Real GDP growth · annual %-6.37%-0.03%6.31%2014: 6.30971865521856 annual %2015: 2.65269329541779 annual %2016: -1.61686894903467 annual %2017: 0.805886619091581 annual %2018: 1.92275734199798 annual %2019: 2.20842927835211 annual %2020: -6.36889840468527 annual %2021: 1.109252540249 annual %2022: 4.31882949157136 annual %2023: 3.31590368111438 annual %2024: 4.07106650147703 annual %2025: 4.01336180700973 annual %20142025
View annual observations
YearValue (annual %)
20254.013
20244.071
20233.316
20224.319
20211.109
2020-6.369
20192.208
20181.923
20170.806
2016-1.617
20152.653
20146.310
World Bank source & definition ↗

Economy

GDP$290.79B2025 · current US$Source & definition ↗
Real GDP growth4.01%2025 · annual %Source & definition ↗
GDP per capita$1,224.252025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 2.26T2025 · current international $Source & definition ↗

People

Population237.53M2025 · peopleSource & definition ↗
Population growth2.06%2025 · annual %Source & definition ↗
Urban population63.78%2025 · % of populationSource & definition ↗
Life expectancy54.642024 · yearsSource & definition ↗
Unemployment · ILO estimate3.06%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+82.52%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing22.98%2025 · % of GDPSource & definition ↗
Industry including construction16.44%2025 · % of GDPSource & definition ↗
Services58.23%2025 · % of GDPSource & definition ↗
Manufacturing8.26%2025 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services9.24%1960 · % of GDPSource & definition ↗
Imports of goods & services16.92%1960 · % of GDPSource & definition ↗
Current account balance4.83%2025 · % of GDPSource & definition ↗
Foreign direct investment · net inflows1.38%2025 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation23.01%2025 · annual %Source & definition ↗
Central government debtNot available% of GDP
Tax revenueNot available% of GDP
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector9.56%2022 · % of GDPSource & definition ↗
Total reserves including gold$46.02B2025 · current US$Source & definition ↗

Infrastructure

Internet use41.21%2024 · % of populationSource & definition ↗
Access to electricity62.50%2024 · % of populationSource & definition ↗

Geography

Surface area923,7702023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

i

Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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