Nigeria Gross National Product (GNP)
1960 - 2023 | Yearly | USD mn | CEIC Data
Key information about Nigeria Gross National Product (GNP)
- Nigeria Gross National Product (GNP) was reported at 352.906 USD bn in Dec 2023.
- This records a decrease from the previous number of 464.531 USD bn for Dec 2022.
- Nigeria Gross National Product (GNP) data is updated yearly, averaging 52.802 USD bn from Dec 1960 to 2023, with 64 observations.
- The data reached an all-time high of 555.022 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 2023 in the chart:
What was Nigeria's Gross National Product (GNP) in 2023?
Nigeria Gross National Product (GNP) was reported at 352.906 USD bn in Dec 2023. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 352,906.094 2023 | 464,530.828 2022 | 4,173.786 1960 | 555,021.693 2014 | USD mn | yearly | 1960 - 2023 |
Gross National Product (GNP) by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 23,246.483 2023 | yearly | 1984 - 2023 |
| Algeria (USD mn) | 244,041.138 2023 | yearly | 1960 - 2023 |
| Argentina (USD mn) | 632,729.881 2023 | yearly | 1962 - 2023 |
| Armenia (USD mn) | 23,434.107 2023 | yearly | 1990 - 2023 |
| Australia (USD mn) | 453,264.359 Dec 2024 | quarterly | Sep 1959 - Dec 2024 |
| Austria (USD mn) | 512,007.490 2023 | yearly | 1960 - 2023 |
| Azerbaijan (USD mn) | 69,157.059 2023 | yearly | 1990 - 2023 |
| Bahrain (USD mn) | 32,257.359 2020 | yearly | 1980 - 2020 |
| Bangladesh (USD mn) | 469,857.520 2024 | yearly | 1973 - 2024 |
| Belarus (USD mn) | 69,352.183 2023 | yearly | 1990 - 2023 |
| Belgium (USD mn) | 166,050.115 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Bolivia (USD mn) | 43,866.498 2023 | yearly | 1976 - 2023 |
| Bosnia and Herzegovina (USD mn) | 27,355.540 2023 | yearly | 1990 - 2023 |
| Botswana (USD mn) | 19,439.625 2023 | yearly | 1960 - 2023 |
| Brazil (USD mn) | 509,368.059 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Brunei (USD mn) | 15,322.325 2023 | yearly | 1989 - 2023 |
| Bulgaria (USD mn) | 97,379.719 2023 | yearly | 1980 - 2023 |
| Cambodia (USD mn) | 41,383.539 2023 | yearly | 1960 - 2023 |
| Canada (USD mn) | 561,858.400 Dec 2024 | quarterly | Mar 1961 - Dec 2024 |
| Chile (USD mn) | 75,149.691 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| China (USD mn) | 18,617,329.482 2024 | yearly | 1957 - 2024 |
| Colombia (USD mn) | 356,861.086 2023 | yearly | 1960 - 2023 |
| Croatia (USD mn) | 84,099.779 2023 | yearly | 1990 - 2023 |
| Cyprus (USD mn) | 30,651.080 2023 | yearly | 1976 - 2023 |
| Czech Republic (USD mn) | 317,869.840 2023 | yearly | 1990 - 2023 |
| Denmark (USD mn) | 118,551.054 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Ecuador (USD mn) | 116,197.122 2023 | yearly | 1960 - 2023 |
| Egypt (USD mn) | 378,607.675 2023 | yearly | 1965 - 2023 |
| Estonia (USD mn) | 11,206.999 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| European Union (USD mn) | 18,438,535.091 2023 | yearly | 1960 - 2023 |
| Finland (USD mn) | 78,420.982 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| France (USD mn) | 3,109,572.127 2023 | yearly | 1957 - 2023 |
| Georgia (USD mn) | 8,487.007 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Germany (USD mn) | 1,232,533.471 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Ghana (USD mn) | 75,420.372 2023 | yearly | 1960 - 2023 |
| Greece (USD mn) | 238,668.955 2023 | yearly | 1960 - 2023 |
| Hong Kong SAR, China (USD mn) | 115,948.018 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Hungary (USD mn) | 204,857.215 2023 | yearly | 1968 - 2023 |
| Iceland (USD mn) | 0.000 2024 | yearly | 1960 - 2024 |
| India (USD mn) | 3,589,169.114 2023 | yearly | 1957 - 2023 |
| Indonesia (USD mn) | 348,085.502 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Iran (USD mn) | 3,397,523.952 2023 | yearly | 1959 - 2023 |
| Ireland (USD mn) | 105,011.499 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Israel (USD mn) | 141,655.643 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Italy (USD mn) | 2,025,697.613 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Ivory Coast (USD mn) | 75,606.107 2023 | yearly | 1960 - 2023 |
| Japan (USD mn) | 1,111,497.410 Dec 2024 | quarterly | Mar 1957 - Dec 2024 |
| Jordan (USD mn) | 50,463.109 2023 | yearly | 1965 - 2023 |
| Kazakhstan (USD mn) | 235,418.904 2023 | yearly | 1993 - 2023 |
| Kenya (USD mn) | 106,151.840 2023 | yearly | 1960 - 2023 |
| South Korea (USD mn) | 486,925.148 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Kosovo (USD mn) | 10,683.305 2023 | yearly | 2004 - 2023 |
| Kuwait (USD mn) | 209,970.957 2022 | yearly | 1964 - 2022 |
| Kyrgyzstan (USD mn) | 14,945.224 2023 | yearly | 1991 - 2023 |
| Laos (USD mn) | 14,685.694 2023 | yearly | 1984 - 2023 |
| Latvia (USD mn) | 11,720.946 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Lebanon (USD mn) | 17,252.833 2023 | yearly | 1989 - 2023 |
| Lithuania (USD mn) | 22,519.358 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Luxembourg (USD mn) | 55,825.453 2023 | yearly | 1960 - 2023 |
| Macau SAR, China (USD mn) | 29,756.252 2022 | yearly | 1982 - 2022 |
| North Macedonia (USD mn) | 14,961.107 2023 | yearly | 1990 - 2023 |
| Malawi (USD mn) | 12,349.148 2023 | yearly | 1960 - 2023 |
| Malaysia (USD mn) | 109,804.141 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Malta (USD mn) | 5,674.286 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Mauritius (USD mn) | 43,225.407 Jan 2025 | monthly | Jun 2005 - Jan 2025 |
| Mexico (USD mn) | 1,744,711.420 2023 | yearly | 1960 - 2023 |
| Moldova (USD mn) | 16,749.247 2023 | yearly | 1990 - 2023 |
| Mongolia (USD mn) | 20,904.464 2024 | yearly | 1981 - 2024 |
| Montenegro (USD mn) | 7,604.564 2023 | yearly | 1997 - 2023 |
| Morocco (USD mn) | 142,354.112 2023 | yearly | 1960 - 2023 |
| Mozambique (USD mn) | 18,787.393 2023 | yearly | 1991 - 2023 |
| Myanmar (USD mn) | 65,509.819 2023 | yearly | 1960 - 2023 |
| Nepal (USD mn) | 43,539.503 2024 | yearly | 1960 - 2024 |
| Netherlands (USD mn) | 305,007.679 Sep 2024 | quarterly | Mar 1988 - Sep 2024 |
| New Zealand (USD mn) | 67,015.387 Sep 2024 | quarterly | Jun 1987 - Sep 2024 |
| Nigeria (USD mn) | 352,906.094 2023 | yearly | 1960 - 2023 |
| Norway (USD mn) | 116,949.545 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| Oman (USD mn) | 100,679.064 2023 | yearly | 1960 - 2023 |
| Pakistan (USD mn) | 393,888.119 2024 | yearly | 1960 - 2024 |
| Palestinian Territory (USD mn) | 3,804.300 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Panama (USD mn) | 79,285.543 2023 | yearly | 1960 - 2023 |
| Paraguay (USD mn) | 41,584.973 2023 | yearly | 1960 - 2023 |
| Peru (USD mn) | 73,989.041 Dec 2024 | quarterly | Mar 2007 - Dec 2024 |
| Philippines (USD mn) | 147,424.234 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Poland (USD mn) | 778,390.214 2023 | yearly | 1990 - 2023 |
| Portugal (USD mn) | 77,768.761 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Qatar (USD mn) | 206,928.908 2023 | yearly | 1970 - 2023 |
| Romania (USD mn) | 340,813.200 2023 | yearly | 1989 - 2023 |
| Russia (USD mn) | 2,197,415.086 2022 | yearly | 1988 - 2022 |
| Saudi Arabia (USD mn) | 189,344.451 Dec 2020 | quarterly | Mar 2015 - Dec 2020 |
| Serbia (USD mn) | 77,012.800 2023 | yearly | 1997 - 2023 |
| Singapore (USD mn) | 458,476.500 2024 | yearly | 1960 - 2024 |
| Slovakia (USD mn) | 35,142.391 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Slovenia (USD mn) | 18,509.553 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| South Africa (USD mn) | 99,419.899 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
| Spain (USD mn) | 430,007.529 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Sri Lanka (USD mn) | 24,266.801 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Sudan (USD mn) | 108,296.705 2023 | yearly | 1960 - 2023 |
| Sweden (USD mn) | 164,913.081 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Switzerland (USD mn) | 228,634.213 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doNigeria Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.7 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -2,078.997 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| National Government Debt (USD mn) | 86,261.2 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Government Debt: % of GDP (%) | 53.8 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Forecast: Government Expenditure (NGN bn) | 100,505.650 2029 | yearly | 1990 - 2029 |
| Forecast: Government Net Debt (NGN bn) | 285,181.495 2029 | yearly | 1990 - 2029 |
| Forecast: Government Revenue (NGN bn) | 72,588.069 2029 | yearly | 1990 - 2029 |
| Federal Govt Balance (NGN bn) | -3,301.610 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Gross Federation Account Revenue (NGN bn) | 6,865.840 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Expenditure: Capital (NGN bn) | 1,415.860 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 3,732.590 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Revenue (NGN bn) | 2,282.540 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Expenditure (NGN bn) | 5,584.150 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Gross Federation Account Revenue: Oil (NGN bn) | 1,304.960 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Government Debt: Domestic (NGN bn) | 69,219.806 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -1.879 2028 | yearly | 1991 - 2028 |
| Trade Balance (USD mn) | 1,027.6 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Total Exports (USD mn) | 3,738.1 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Total Exports Growth (%) | 56.4 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
| Aluminum: Exports (USD th) | 187,832.450 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,530.686 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 329.199 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 2,989.3 Mar 2023 | monthly | Jan 2003 - Mar 2023 |
| Total Imports Growth (%) | 62.9 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
| Imports: Medicament (USD th) | 614,222.259 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 227,440.624 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 124.857 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Total Imports from USA (USD mn) | 275.937 Sep 2024 | monthly | Dec 2009 - Sep 2024 |
| Total Exports to China (USD mn) | 105.763 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Total Imports from China (USD mn) | 802.488 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Imports (NGN mn) | 4,384,900.258 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Crude Oil (NGN mn) | 3,905,247.850 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Total Trade (NGN mn) | 10,432,090.965 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Growth Rate: MoM (%) | -17.535 Sep 2024 | monthly | Jan 2019 - Sep 2024 |
| Exports: Growth Rate: MoM (%) | -17.669 Sep 2024 | monthly | Jan 2019 - Sep 2024 |
| Exports: America: ow USA (NGN mn) | 201,983.472 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Europe: ow Netherlands (NGN mn) | 261,930.167 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports (NGN mn) | 6,047,190.706 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Europe: ow UK (NGN mn) | 180,704.134 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Mineral Products (NGN mn) | 33,075,147.443 2023 | yearly | 2003 - 2023 |
| Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) | 53,170.162 2023 | yearly | 2003 - 2023 |
| Exports: Vegetable Products (NGN mn) | 786,963.687 2023 | yearly | 2003 - 2023 |
| Imports: Europe: ow Germany (NGN mn) | 135,143.103 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Asia: ow China (NGN mn) | 1,298,198.961 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Imports: America: ow USA (NGN mn) | 446,388.165 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Europe: ow UK (NGN mn) | 134,085.602 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Europe: ow Netherlands (NGN mn) | 201,091.335 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Chemicals and Chemical Products (NGN mn) | 614,100.231 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Food and Live Animals (NGN mn) | 455,343.676 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 1,024,863.121 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Manufactured Goods (NGN mn) | 488,494.173 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Machinery and Transport Equipment (NGN mn) | 1,432,150.870 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Export Value Index (2015=100) | 93.461 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 116.198 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -831.3 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Current Account Balance (USD mn) | 5,142.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Current Account Balance: % of GDP (%) | 11.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Foreign Direct Investment (USD mn) | 1,197.6 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Foreign Direct Investment: % of GDP (%) | 1.3 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Foreign Portfolio Investment (USD mn) | 4,416.719 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Foreign Portfolio Investment: % of GDP (%) | 4.3 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -309.3 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 4,726.039 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| External Debt (USD mn) | 43,026.6 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| External Debt: % of GDP (%) | 11.9 2023 | yearly | 1985 - 2023 |
| External Debt: Short Term (USD mn) | 1,005.6 2020 | yearly | 2008 - 2020 |
| External Debt: Short Term: % of GDP (%) | 0.2 2020 | yearly | 2008 - 2020 |
| Forecast: Current Account Balance (USD bn) | -5.481 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | -86,263.760 2023 | yearly | 2005 - 2023 |
| External Debt: Service Payments (USD mn) | 194.440 Dec 2018 | quarterly | Mar 2008 - Dec 2018 |
| External Debt: Government (USD mn) | 43,026.550 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| External Debt: Government: International Capital Market (USD mn) | 15,118.350 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| 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) | 24,967.124 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
| Money Supply M2 (USD mn) | 75,096.954 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
| M2 Growth (%) | 18.3 Jan 2025 | monthly | Nov 1993 - Jan 2025 |
| Reserve Requirement Ratio (%) | 50.0 Feb 2025 | monthly | Nov 2005 - Feb 2025 |
| Foreign Exchange Reserves (USD mn) | 40,380.0 Nov 2024 | monthly | Jan 1960 - Nov 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 18.573 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 14.5 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Gold Reserves (USD mn) | 1,599.957 Jun 2024 | monthly | Dec 1950 - Jun 2024 |
| 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) | 67,269.4 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
| Domestic Credit Growth (%) | -0.6 Jan 2025 | monthly | Nov 1993 - Jan 2025 |
| Private Debt: % of Nominal GDP (%) | 20.83 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Monetary Survey: Liabilities: Base Money (NGN mn) | 32,659,076.490 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 74,077,851.830 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) | 36,894,418.660 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
| Monetary Survey: Liabilities: M2 (NGN mn) | 110,972,270.500 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
| Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
| Non Performing Loans to Gross Loans (%) | 4.140 Jun 2023 | semiannually | Dec 2003 - Jun 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 4.4 Nov 2024 | monthly | Jul 2015 - Nov 2024 |
More Indicators for Nigeria
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