Nigeria
GDP growth in Nigeria
GDP growth in Nigeria: -0.6% a year in 1991 and 4% a year in 2025, by IMF estimates.
- Latest, 2025
- 4% a year
- Since 1991
- +4.6 percentage points
- Rank, 2025
- 52 of 143
- counting from the highest
- Projected, 2031
- 4.2% a year
- IMF projection (World Economic Outlook, October 2026)
% a year · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 4.2% a year in 2031.
- The highest was 14.6% a year in 2002, the lowest -6.4% a year in 2020.
Every year
% a year · IMF
| Year | Nigeria |
|---|---|
| 2025 | 4 |
| 2024 | 4.1 |
| 2023 | 3.3 |
| 2022 | 4.3 |
| 2021 | 1.1 |
| 2020 | -6.4 |
| 2019 | 2.2 |
| 2018 | 1.9 |
| 2017 | 0.8 |
| 2016 | -1.6 |
| 2015 | 2.7 |
| 2014 | 6.3 |
| 2013 | 5.4 |
| 2012 | 4.3 |
| 2011 | 4.9 |
| 2010 | 11.3 |
| 2009 | 8.4 |
| 2008 | 7.2 |
| 2007 | 7.3 |
| 2006 | 6.7 |
| 2005 | 7 |
| 2004 | 10.4 |
| 2003 | 9.5 |
| 2002 | 14.6 |
| 2001 | 6.7 |
| 2000 | 5.5 |
| 1999 | 0.5 |
| 1998 | 2.5 |
| 1997 | 2.9 |
| 1996 | 4.1 |
| 1995 | 1.9 |
| 1994 | 0.3 |
| 1993 | 1.6 |
| 1992 | 2.2 |
| 1991 | -0.6 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Nigeria |
|---|---|
| 2026 | 4.2 |
| 2027 | 4.3 |
| 2028 | 4.1 |
| 2029 | 4.2 |
| 2030 | 4.2 |
| 2031 | 4.2 |
Good to know
- How much the economy grew or shrank in a year, after inflation.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 143 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Nigeria in numbers
Every measure for Nigeria on one page
Health
People
Economy
Education
Politics
Conflict
Military
- Military spending0.91% of GDP in 2025
- Military spending in US dollars$1.76B in 2025
- Military spending per person$9 in 2025
- Military share of state spending5.9% of government spending in 2025
- Armed forces personnel223,000 people in 2020
- National power1.16% of world capability in 2022
- Armed forces, share of workers0.23% of the labour force in 2020
- Arms imports21 million TIV in 2025
- Arms exports4 million TIV in 2022