Nigeria Gross National Product (GNP)

1960 - 2020 | Yearly | USD mn | CEIC Data

Key information about Nigeria Gross National Product (GNP)

  • Nigeria Gross National Product (GNP) was reported at 416.521 USD bn in Dec 2020.
  • This records a decrease from the previous number of 433.449 USD bn for Dec 2019.
  • Nigeria Gross National Product (GNP) data is updated yearly, averaging 51.778 USD bn from Dec 1960 to 2020, with 61 observations.
  • The data reached an all-time high of 528.434 USD bn in 2014 and a record low of 4.174 USD bn in 1960.


Related information about Nigeria Gross National Product (GNP) data

  • Nigeria Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
  • The World Bank provides annual Gross National Product in USD.

View Nigeria's Gross National Product (GNP) from 1960 to 2020 in the chart:

Nigeria Gross National Product (GNP)

What was Nigeria's Gross National Product (GNP) in 2020?

Nigeria Gross National Product (GNP) was reported at 416.521 USD bn in Dec 2020. See the table below for more data.

Last Previous Min Max Unit Frequency Range
416,521.074 2020 433,449.465 2019 4,173.704 1960 528,433.752 2014 USD mn yearly 1960 - 2020

Gross National Product (GNP) by Country Comparison

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Includes Gross National Product (GNP) on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) 14,637.400 2020 yearly 1984 - 2020
Algeria (USD mn) 142,064.920 2020 yearly 1960 - 2020
Argentina (USD mn) 379,089.873 2020 yearly 1962 - 2020
Armenia (USD mn) 12,445.092 2020 yearly 1990 - 2020
Australia (USD mn) 389,986.321 Mar 2022 quarterly Sep 1959 - Mar 2022
Austria (USD mn) 0.000 2021 yearly 1960 - 2021
Azerbaijan (USD mn) 42,356.235 2020 yearly 1993 - 2020
Bahrain (USD mn) 32,257.359 2020 yearly 1980 - 2020
Bangladesh (USD mn) 377,078.156 2021 yearly 1973 - 2021
Belarus (USD mn) 57,750.384 2020 yearly 1990 - 2020
Belgium (USD mn) 158,103.483 Dec 2021 quarterly Mar 1980 - Dec 2021
Bolivia (USD mn) 36,136.681 2020 yearly 1976 - 2020
Bosnia and Herzegovina (USD mn) 19,774.237 2020 yearly 1994 - 2020
Botswana (USD mn) 15,094.150 2020 yearly 1960 - 2020
Brazil (USD mn) 391,548.157 Dec 2021 quarterly Mar 2000 - Dec 2021
Brunei (USD mn) 12,367.616 2020 yearly 1989 - 2020
Bulgaria (USD mn) 68,559.608 2020 yearly 1980 - 2020
Cambodia (USD mn) 24,798.237 2020 yearly 1960 - 2020
Canada (USD mn) 500,151.871 Mar 2022 quarterly Mar 1961 - Mar 2022
Chile (USD mn) 75,991.445 Mar 2022 quarterly Mar 1996 - Mar 2022
China (USD mn) 17,569,927.114 2021 yearly 1957 - 2021
Colombia (USD mn) 267,956.428 2020 yearly 1960 - 2020
Croatia (USD mn) 57,417.029 2020 yearly 1995 - 2020
Cyprus (USD mn) 25,669.714 2021 yearly 1976 - 2021
Czech Republic (USD mn) 236,796.717 2020 yearly 1992 - 2020
Denmark (USD mn) 98,029.406 Mar 2022 quarterly Mar 1990 - Mar 2022
Ecuador (USD mn) 95,983.572 2020 yearly 1960 - 2020
Egypt (USD mn) 232,543.101 2017 yearly 1965 - 2017
Estonia (USD mn) 9,125.728 Mar 2022 quarterly Mar 1995 - Mar 2022
European Union (USD mn) 15,320,008.767 2020 yearly 1966 - 2020
Finland (USD mn) 72,399.846 Mar 2022 quarterly Mar 1990 - Mar 2022
France (USD mn) 3,045,186.417 2021 yearly 1957 - 2021
Georgia (USD mn) 5,206.384 Dec 2021 quarterly Mar 1996 - Dec 2021
Germany (USD mn) 1,070,884.783 Mar 2022 quarterly Mar 1991 - Mar 2022
Ghana (USD mn) 70,776.628 2020 yearly 1960 - 2020
Greece (USD mn) 188,028.901 2020 yearly 1960 - 2020
Hong Kong SAR, China (USD mn) 89,872.382 Mar 2022 quarterly Mar 1999 - Mar 2022
Hungary (USD mn) 151,620.683 2020 yearly 1993 - 2020
Iceland (USD mn) 25,552.987 2021 yearly 1960 - 2021
India (USD mn) 3,127,194.473 2021 yearly 1957 - 2021
Indonesia (USD mn) 306,015.023 Mar 2022 quarterly Mar 1993 - Mar 2022
Iran (USD mn) 833,301.436 2020 yearly 1959 - 2020
Ireland (USD mn) 95,566.376 Dec 2021 quarterly Mar 1999 - Dec 2021
Israel (USD mn) 125,481.539 Mar 2022 quarterly Mar 1995 - Mar 2022
Italy (USD mn) 2,135,661.456 Dec 2021 quarterly Mar 1998 - Dec 2021
Ivory Coast (USD mn) 22,071.610 2010 yearly 1960 - 2010
Japan (USD mn) 1,220,737.285 Mar 2022 quarterly Mar 1957 - Mar 2022
Jordan (USD mn) 43,573.533 2020 yearly 1965 - 2020
Kazakhstan (USD mn) 156,099.006 2020 yearly 1993 - 2020
Kenya (USD mn) 99,325.670 2020 yearly 1960 - 2020
South Korea (USD mn) 427,679.025 Mar 2022 quarterly Mar 1960 - Mar 2022
Kosovo (USD mn) 7,903.803 2020 yearly 2004 - 2020
Kuwait (USD mn) 154,464.291 2019 yearly 1964 - 2019
Kyrgyzstan (USD mn) 7,521.777 2020 yearly 1991 - 2020
Laos (USD mn) 18,109.242 2020 yearly 1984 - 2020
Latvia (USD mn) 8,848.977 Mar 2022 quarterly Mar 1995 - Mar 2022
Lebanon (USD mn) 31,004.851 2020 yearly 1989 - 2020
Lithuania (USD mn) 16,618.832 Dec 2021 quarterly Mar 1995 - Dec 2021
Luxembourg (USD mn) 51,690.170 2020 yearly 1960 - 2020
Macau SAR, China (USD mn) 48,878.459 2019 yearly 1982 - 2019
North Macedonia (USD mn) 11,793.965 2020 yearly 1990 - 2020
Malawi (USD mn) 11,874.940 2020 yearly 1960 - 2020
Malaysia (USD mn) 95,986.305 Mar 2022 quarterly Mar 2000 - Mar 2022
Malta (USD mn) 4,026.816 Dec 2021 quarterly Mar 2000 - Dec 2021
Mauritius (USD mn) 36,469.983 Apr 2022 monthly Jun 2005 - Apr 2022
Mexico (USD mn) 1,037,040.167 2020 yearly 1960 - 2020
Moldova (USD mn) 12,386.758 2020 yearly 1996 - 2020
Mongolia (USD mn) 12,053.018 2020 yearly 1981 - 2020
Montenegro (USD mn) 4,845.766 2020 yearly 2000 - 2020
Morocco (USD mn) 113,027.255 2020 yearly 1960 - 2020
Mozambique (USD mn) 13,556.749 2020 yearly 1991 - 2020
Myanmar (USD mn) 77,673.271 2020 yearly 1961 - 2020
Nepal (USD mn) 36,347.113 2021 yearly 1960 - 2021
Netherlands (USD mn) 247,297.471 Dec 2021 quarterly Mar 1988 - Dec 2021
New Zealand (USD mn) 68,394.315 Dec 2021 quarterly Jun 1987 - Dec 2021
Nigeria (USD mn) 416,521.074 2020 yearly 1960 - 2020
Norway (USD mn) 148,805.440 Mar 2022 quarterly Mar 1999 - Mar 2022
Oman (USD mn) 68,579.454 2020 yearly 1965 - 2020
Pakistan (USD mn) 373,097.954 2021 yearly 1960 - 2021
Palestinian Territory (USD mn) 5,386.800 Sep 2021 quarterly Mar 2011 - Sep 2021
Panama (USD mn) 52,307.035 2020 yearly 1960 - 2020
Paraguay (USD mn) 34,595.478 2020 yearly 1995 - 2020
Peru (USD mn) 49,401.829 Mar 2022 quarterly Mar 2007 - Mar 2022
Philippines (USD mn) 100,310.568 Mar 2022 quarterly Mar 1981 - Mar 2022
Poland (USD mn) 579,685.833 2020 yearly 1990 - 2020
Portugal (USD mn) 61,158.139 Mar 2022 quarterly Mar 1999 - Mar 2022
Qatar (USD mn) 141,358.891 2020 yearly 1970 - 2020
Romania (USD mn) 245,463.642 2020 yearly 1989 - 2020
Russia (USD mn) 1,448,704.617 2020 yearly 1988 - 2020
Saudi Arabia (USD mn) 189,344.451 Dec 2020 quarterly Mar 2015 - Dec 2020
Serbia (USD mn) 51,773.000 2020 yearly 1997 - 2020
Singapore (USD mn) 349,024.000 2021 yearly 1960 - 2021
Slovakia (USD mn) 26,631.886 Mar 2022 quarterly Mar 1995 - Mar 2022
Slovenia (USD mn) 15,799.954 Dec 2021 quarterly Mar 1995 - Dec 2021
South Africa (USD mn) 103,146.252 Dec 2021 quarterly Mar 1960 - Dec 2021
Spain (USD mn) 379,292.852 Dec 2021 quarterly Mar 1999 - Dec 2021
Sri Lanka (USD mn) 22,229.017 Dec 2021 quarterly Mar 2010 - Dec 2021
Sudan (USD mn) 19,857.202 2020 yearly 1960 - 2020
Sweden (USD mn) 151,533.627 Mar 2022 quarterly Mar 1980 - Mar 2022
Switzerland (USD mn) 187,817.465 Mar 2022 quarterly Mar 1990 - Mar 2022

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Nigeria Key Series

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Includes 210 key indicators for Nigeria, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.9 Dec 2020 quarterly Dec 2010 - Dec 2020
Consolidated Fiscal Balance (USD mn) -5,434.321 Dec 2021 quarterly Mar 2005 - Dec 2021
National Government Debt (USD mn) 88,421.5 Mar 2022 quarterly Dec 2006 - Mar 2022
Government Debt: % of GDP (%) 20.2 Dec 2021 quarterly Dec 2010 - Dec 2021
Forecast: Government Expenditure (NGN bn) 53,826.479 2027 yearly 1990 - 2027
Forecast: Government Net Debt (NGN bn) 173,827.955 2027 yearly 1990 - 2027
Forecast: Government Revenue (NGN bn) 28,821.587 2027 yearly 1990 - 2027
Federal Govt Balance (NGN bn) -2,232.330 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Expenditure: Recurrent (NGN bn) 2,627.830 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Revenue (NGN bn) 1,265.340 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Expenditure: Capital (NGN bn) 745.710 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Expenditure (NGN bn) 3,497.670 Dec 2021 quarterly Mar 2005 - Dec 2021
Gross Federation Account Revenue (NGN bn) 2,844.730 Dec 2021 quarterly Mar 2005 - Dec 2021
Gross Federation Account Revenue: Oil (NGN bn) 1,115.170 Dec 2021 quarterly Mar 2005 - Dec 2021
Government Debt: Domestic (NGN bn) 20,144.028 Mar 2022 quarterly Dec 2005 - Mar 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.626 2027 yearly 1991 - 2027
Trade Balance (USD mn) 2,336.0 Mar 2022 monthly Jan 2003 - Mar 2022
Total Exports (USD mn) 6,746.6 Mar 2022 monthly Jan 2003 - Mar 2022
Total Exports Growth (%) 153.9 Mar 2022 monthly Jan 2004 - Mar 2022
Aluminum: Exports (USD th) 89,277.166 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 1,579.306 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 585.807 2020 yearly 1995 - 2020
Total Imports (USD mn) 4,410.6 Mar 2022 monthly Jan 2003 - Mar 2022
Total Imports Growth (%) -7.3 Mar 2022 monthly Jan 2004 - Mar 2022
Imports: Medicament (USD th) 916,159.669 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 417,523.499 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 415.182 Mar 2022 monthly Jan 2003 - Mar 2022
Total Imports from USA (USD mn) 322.312 Mar 2022 monthly Dec 2009 - Mar 2022
Total Exports to China (USD mn) 46.245 Mar 2022 monthly Jan 2007 - Mar 2022
Total Imports from China (USD mn) 1,423.512 Dec 2021 monthly Jan 2007 - Dec 2021
Imports (NGN mn) 1,834,067.441 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: Crude Oil (NGN mn) 2,209,623.002 Mar 2022 monthly Jan 2003 - Mar 2022
Total Trade (NGN mn) 4,639,517.168 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: Europe: ow UK (NGN mn) 75,924.032 Mar 2022 monthly Jan 2003 - Mar 2022
Exports (NGN mn) 2,805,449.727 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: Europe: ow Netherlands (NGN mn) 279,127.005 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: America: ow USA (NGN mn) 172,645.951 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Europe: ow Netherlands (NGN mn) 102,706.239 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: America: ow USA (NGN mn) 134,027.678 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Asia: ow China (NGN mn) 531,343.215 Mar 2022 monthly Jan 2007 - Mar 2022
Imports: Europe: ow Germany (NGN mn) 42,882.036 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Europe: ow UK (NGN mn) 44,920.190 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: Mineral Products (NGN mn) 16,910,118.786 2021 yearly 2003 - 2021
Exports: Vegetable Products (NGN mn) 259,305.350 2021 yearly 2003 - 2021
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 44,635.113 2021 yearly 2003 - 2021
Imports: Manufactured Goods (NGN mn) 175,513.767 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Food and Live Animals (NGN mn) 245,235.157 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Machinery and Transport Equipment (NGN mn) 605,003.903 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 338,220.193 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Chemicals and Chemical Products (NGN mn) 308,561.620 Mar 2022 monthly Jan 2003 - Mar 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 822.3 Sep 2021 quarterly Mar 2008 - Sep 2021
Current Account Balance (USD mn) 3,680.3 Sep 2021 quarterly Mar 2008 - Sep 2021
Current Account Balance: % of GDP (%) 3.3 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Direct Investment (USD mn) -8.7 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Direct Investment: % of GDP (%) -0.0 Sep 2021 quarterly Mar 2010 - Sep 2021
Foreign Portfolio Investment (USD mn) 7,457.719 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Portfolio Investment: % of GDP (%) 6.8 Sep 2021 quarterly Mar 2010 - Sep 2021
Foreign Portfolio Investment: Equity Securities (USD mn) 81.8 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 7,375.945 Sep 2021 quarterly Mar 2008 - Sep 2021
External Debt (USD mn) 39,969.2 Mar 2022 quarterly Dec 2006 - Mar 2022
External Debt: % of GDP (%) 8.8 2021 yearly 1985 - 2021
External Debt: Short Term (USD mn) 0.1 2019 yearly 2008 - 2019
External Debt: Short Term: % of GDP (%) 0.0 2019 yearly 2008 - 2019
Forecast: Current Account Balance (USD bn) -6.402 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -75,228.078 2021 yearly 2005 - 2021
BoP: CA: Income (USD mn) -2,031.008 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Direct Investment (USD mn) -822.340 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Services: Debit (USD mn) -3,430.782 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Current Transfers: Debit (USD mn) -94.776 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Goods: Credit (USD mn) 12,650.276 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Goods (USD mn) 1,765.909 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Current Transfers (USD mn) 6,458.983 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) 7,457.719 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Income: Credit (USD mn) 587.982 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account (USD mn) 2,573.536 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Goods: Debit (USD mn) -10,884.367 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Current Transfers: Credit (USD mn) 6,553.759 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) 4,432.631 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) -5,283.967 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Liabilities (USD mn) 11,881.648 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets (USD mn) -9,308.112 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Income: Debit (USD mn) -2,618.990 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: Net Errors & Omission (USD mn) -6,253.815 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Services: Credit (USD mn) 917.177 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Capital Account (USD mn) 0.000 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) 2.464 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Services (USD mn) -2,513.605 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Other Investment (USD mn) -3,204.269 Sep 2021 quarterly Mar 2008 - Sep 2021
External Debt: Government (USD mn) 38,391.320 Dec 2021 quarterly Dec 2006 - Dec 2021
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government: International Capital Market (USD mn) 14,368.350 Dec 2021 quarterly Mar 2011 - Dec 2021
Capital Inflow: Foreign Direct Investment (USD) 52,666,629.000 Feb 2022 monthly Jan 2007 - Feb 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 47,811.710 Apr 2022 monthly Nov 1992 - Apr 2022
Money Supply M2 (USD mn) 112,095.914 Apr 2022 monthly Nov 1992 - Apr 2022
M2 Growth (%) 21.0 Apr 2022 monthly Nov 1993 - Apr 2022
Reserve Requirement Ratio (%) 27.5 May 2022 monthly Nov 2005 - May 2022
Foreign Exchange Reserves (USD mn) 38,483.7 May 2022 monthly Jan 1960 - May 2022
Foreign Exchange Reserves: % of GDP (%) 9.028 Mar 2022 quarterly Dec 2010 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 9.0 Mar 2022 monthly Jan 2003 - Mar 2022
Gold Reserves (USD mn) 0.062 Jan 2018 monthly Dec 1950 - Jan 2018
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 129,324.9 Apr 2022 monthly Nov 1992 - Apr 2022
Domestic Credit Growth (%) 21.7 Apr 2022 monthly Nov 1993 - Apr 2022
Private Debt: % of Nominal GDP (%) 12.23 Dec 2021 quarterly Dec 2010 - Dec 2021
Monetary Survey: Liabilities: M2: M1 (NGN mn) 19,608,338.790 Mar 2022 monthly Nov 1992 - Mar 2022
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 26,690,158.390 Apr 2022 monthly Nov 1992 - Apr 2022
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Monetary Survey: Liabilities: Base Money (NGN mn) 14,255,048.740 Apr 2022 monthly Jan 1993 - Apr 2022
Monetary Survey: Liabilities: M2 (NGN mn) 46,541,102.400 Apr 2022 monthly Nov 1992 - Apr 2022
Non Performing Loans to Gross Loans (%) 6.020 Dec 2020 semiannually Dec 2003 - Dec 2020
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 13.0 Jan 2022 monthly Jul 2015 - Jan 2022

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