Nigeria Forecast: Real GDP Growth
Nigeria Real GDP Growth is forecasted to be 1.510 % in Dec 2021 as reported by International Monetary Fund. It records a decrease from the last reported number of -3.165 % in Dec 2020. Looking ahead, Nigeria Real GDP Growth is projected to stand at 2.513 % in Dec 2025. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.
View Nigeria's Forecast: Real GDP Growth from 1991 to 2025 in the chart:
What is Nigeria's Forecast: Real GDP Growth in 2025?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 2.513 2025 | 2.521 2024 | -3.165 2020 | 14.604 2002 | % | yearly | 1991 - 2025 |
Forecast: Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 4.012 2025 | yearly | 2003 - 2025 |
| Albania (%) | 3.429 2025 | yearly | 1980 - 2025 |
| Algeria (%) | 0.949 2025 | yearly | 1980 - 2025 |
| Angola (%) | 2.892 2025 | yearly | 1980 - 2025 |
| Antigua and Barbuda (%) | 3.670 2025 | yearly | 1980 - 2025 |
| Argentina (%) | 1.703 2025 | yearly | 1980 - 2025 |
| Armenia (%) | 4.500 2025 | yearly | 1993 - 2025 |
| Aruba (%) | 1.100 2025 | yearly | 1996 - 2025 |
| Australia (%) | 2.542 2025 | yearly | 1980 - 2025 |
| Austria (%) | 1.646 2025 | yearly | 1980 - 2025 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.2 Mar 2020 | quarterly | Dec 2010 - Mar 2020 |
| Consolidated Fiscal Balance (USD mn) | -4,673.639 Mar 2020 | quarterly | Mar 2005 - Mar 2020 |
| National Government Debt (USD mn) | 73,740.7 Sep 2020 | quarterly | Dec 2006 - Sep 2020 |
| Government Debt: % of GDP (%) | 18.2 Jun 2020 | quarterly | Dec 2010 - Jun 2020 |
| Forecast: Government Expenditure (NGN bn) | 34,920.128 2025 | yearly | 1990 - 2025 |
| Forecast: Government Net Debt (NGN bn) | 109,473.696 2025 | yearly | 1990 - 2025 |
| Forecast: Government Revenue (NGN bn) | 21,509.034 2025 | yearly | 1990 - 2025 |
| Gross Federation Account Revenue (NGN bn) | 2,268.700 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Federal Govt Balance (NGN bn) | -1,289.030 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Gross Federation Account Revenue: Oil (NGN bn) | 953.900 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Federal Govt Revenue (NGN bn) | 842.090 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Federal Govt Expenditure (NGN bn) | 2,131.120 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 1,650.430 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Government Debt: Domestic (NGN bn) | 15,846.231 Sep 2020 | quarterly | Dec 2005 - Sep 2020 |
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