Nigeria Gross National Product (GNP)

1960 - 2022 | Yearly | USD mn | CEIC Data

Key information about Nigeria Gross National Product (GNP)

  • Nigeria Gross National Product (GNP) was reported at 459.752 USD bn in Dec 2022.
  • This records an increase from the previous number of 432.256 USD bn for Dec 2021.
  • Nigeria Gross National Product (GNP) data is updated yearly, averaging 52.222 USD bn from Dec 1960 to 2022, with 63 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 2022 in the chart:

Nigeria Gross National Product (GNP)

What was Nigeria's Gross National Product (GNP) in 2022?

Nigeria Gross National Product (GNP) was reported at 459.752 USD bn in Dec 2022. See the table below for more data.

Last Previous Min Max Unit Frequency Range
459,752.025 2022 432,256.033 2021 4,173.786 1960 555,021.693 2014 USD mn yearly 1960 - 2022

Gross National Product (GNP) by Country Comparison

Buy Selected Data

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) 18,569.375 2022 yearly 1984 - 2022
Algeria (USD mn) 190,943.156 2022 yearly 1960 - 2022
Argentina (USD mn) 619,144.891 2022 yearly 1962 - 2022
Armenia (USD mn) 18,664.848 2022 yearly 1990 - 2022
Australia (USD mn) 439,404.475 Dec 2023 quarterly Sep 1959 - Dec 2023
Austria (USD mn) 469,960.958 2022 yearly 1960 - 2022
Azerbaijan (USD mn) 53,484.118 2021 yearly 1993 - 2021
Bahrain (USD mn) 32,257.359 2020 yearly 1980 - 2020
Bangladesh (USD mn) 469,547.489 2023 yearly 1973 - 2023
Belarus (USD mn) 70,254.089 2022 yearly 1990 - 2022
Belgium (USD mn) 157,965.065 Sep 2023 quarterly Mar 1980 - Sep 2023
Bolivia (USD mn) 41,822.170 2022 yearly 1976 - 2022
Bosnia and Herzegovina (USD mn) 24,342.693 2022 yearly 1994 - 2022
Botswana (USD mn) 19,537.794 2022 yearly 1960 - 2022
Brazil (USD mn) 554,461.856 Dec 2023 quarterly Mar 2000 - Dec 2023
Brunei (USD mn) 16,311.906 2022 yearly 1989 - 2022
Bulgaria (USD mn) 87,262.308 2022 yearly 1980 - 2022
Cambodia (USD mn) 27,954.427 2022 yearly 1960 - 2022
Canada (USD mn) 545,144.115 Dec 2023 quarterly Mar 1961 - Dec 2023
Chile (USD mn) 74,934.655 Sep 2023 quarterly Mar 1996 - Sep 2023
China (USD mn) 17,674,435.357 2023 yearly 1957 - 2023
Colombia (USD mn) 337,877.677 2022 yearly 1960 - 2022
Croatia (USD mn) 72,252.410 2022 yearly 1995 - 2022
Cyprus (USD mn) 29,477.296 2023 yearly 1976 - 2023
Czech Republic (USD mn) 276,907.608 2022 yearly 1992 - 2022
Denmark (USD mn) 108,790.961 Dec 2023 quarterly Mar 1990 - Dec 2023
Ecuador (USD mn) 113,185.286 2022 yearly 1960 - 2022
Egypt (USD mn) 232,543.101 2017 yearly 1965 - 2017
Estonia (USD mn) 10,369.783 Dec 2023 quarterly Mar 1995 - Dec 2023
European Union (USD mn) 16,765,291.351 2022 yearly 1966 - 2022
Finland (USD mn) 78,235.816 Dec 2023 quarterly Mar 1990 - Dec 2023
France (USD mn) 2,824,255.994 2022 yearly 1957 - 2022
Georgia (USD mn) 7,784.858 Dec 2023 quarterly Mar 1996 - Dec 2023
Germany (USD mn) 1,203,756.839 Dec 2023 quarterly Mar 1991 - Dec 2023
Ghana (USD mn) 72,989.253 2022 yearly 1960 - 2022
Greece (USD mn) 217,688.351 2022 yearly 1960 - 2022
Hong Kong SAR, China (USD mn) 108,733.699 Dec 2023 quarterly Mar 1999 - Dec 2023
Hungary (USD mn) 173,291.314 2022 yearly 1993 - 2022
Iceland (USD mn) 31,707.577 2023 yearly 1960 - 2023
India (USD mn) 3,498,274.952 2023 yearly 1957 - 2023
Indonesia (USD mn) 338,856.996 Sep 2023 quarterly Mar 1993 - Sep 2023
Iran (USD mn) 833,301.436 2020 yearly 1959 - 2020
Ireland (USD mn) 111,476.406 Dec 2023 quarterly Mar 1999 - Dec 2023
Israel (USD mn) 123,809.312 Dec 2023 quarterly Mar 1995 - Dec 2023
Italy (USD mn) 2,019,825.787 Dec 2023 quarterly Mar 1998 - Dec 2023
Ivory Coast (USD mn) 67,834.629 2022 yearly 1960 - 2022
Japan (USD mn) 1,099,894.462 Dec 2023 quarterly Mar 1957 - Dec 2023
Jordan (USD mn) 46,945.725 2022 yearly 1965 - 2022
Kazakhstan (USD mn) 193,942.775 2022 yearly 1993 - 2022
Kenya (USD mn) 111,679.131 2022 yearly 1960 - 2022
South Korea (USD mn) 451,462.336 Dec 2023 quarterly Mar 1960 - Dec 2023
Kosovo (USD mn) 9,524.070 2022 yearly 2004 - 2022
Kuwait (USD mn) 154,464.291 2019 yearly 1964 - 2019
Kyrgyzstan (USD mn) 8,118.532 2021 yearly 1991 - 2021
Laos (USD mn) 14,311.266 2022 yearly 1984 - 2022
Latvia (USD mn) 10,719.283 Jun 2023 quarterly Mar 1995 - Jun 2023
Lebanon (USD mn) 21,625.782 2021 yearly 1989 - 2021
Lithuania (USD mn) 20,010.542 Dec 2023 quarterly Mar 1995 - Dec 2023
Luxembourg (USD mn) 54,914.989 2022 yearly 1960 - 2022
Macau SAR, China (USD mn) 28,730.736 2022 yearly 1982 - 2022
North Macedonia (USD mn) 12,965.414 2022 yearly 1990 - 2022
Malawi (USD mn) 12,924.274 2022 yearly 1960 - 2022
Malaysia (USD mn) 96,997.651 Dec 2023 quarterly Mar 2000 - Dec 2023
Malta (USD mn) 4,075.927 Sep 2022 quarterly Mar 2000 - Sep 2022
Mauritius (USD mn) 39,637.220 Feb 2024 monthly Jun 2005 - Feb 2024
Mexico (USD mn) 1,432,147.792 2022 yearly 1960 - 2022
Moldova (USD mn) 14,568.053 2022 yearly 1996 - 2022
Mongolia (USD mn) 17,982.688 2023 yearly 1981 - 2023
Montenegro (USD mn) 6,353.915 2022 yearly 2000 - 2022
Morocco (USD mn) 129,049.589 2022 yearly 1960 - 2022
Mozambique (USD mn) 15,113.694 2022 yearly 1991 - 2022
Myanmar (USD mn) 60,865.914 2022 yearly 1960 - 2022
Nepal (USD mn) 41,487.372 2023 yearly 1960 - 2023
Netherlands (USD mn) 276,744.105 Dec 2023 quarterly Mar 1988 - Dec 2023
New Zealand (USD mn) 66,700.993 Dec 2023 quarterly Jun 1987 - Dec 2023
Nigeria (USD mn) 459,752.025 2022 yearly 1960 - 2022
Norway (USD mn) 116,949.545 Jun 2023 quarterly Mar 1999 - Jun 2023
Oman (USD mn) 103,436.389 2022 yearly 1965 - 2022
Pakistan (USD mn) 359,548.247 2023 yearly 1960 - 2023
Palestinian Territory (USD mn) 5,858.700 Sep 2023 quarterly Mar 2011 - Sep 2023
Panama (USD mn) 73,112.965 2022 yearly 1960 - 2022
Paraguay (USD mn) 40,558.855 2022 yearly 1995 - 2022
Peru (USD mn) 68,049.401 Dec 2023 quarterly Mar 2007 - Dec 2023
Philippines (USD mn) 140,981.479 Dec 2023 quarterly Mar 1981 - Dec 2023
Poland (USD mn) 661,018.337 2022 yearly 1990 - 2022
Portugal (USD mn) 72,850.526 Dec 2023 quarterly Mar 1999 - Dec 2023
Qatar (USD mn) 227,969.567 2022 yearly 1970 - 2022
Romania (USD mn) 341,039.902 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) 60,309.500 2022 yearly 1997 - 2022
Singapore (USD mn) 420,570.800 2023 yearly 1960 - 2023
Slovakia (USD mn) 33,813.857 Dec 2023 quarterly Mar 1995 - Dec 2023
Slovenia (USD mn) 17,503.084 Dec 2023 quarterly Mar 1995 - Dec 2023
South Africa (USD mn) 95,489.434 Dec 2023 quarterly Mar 1960 - Dec 2023
Spain (USD mn) 413,742.344 Dec 2023 quarterly Mar 1999 - Dec 2023
Sri Lanka (USD mn) 21,694.460 Dec 2023 quarterly Mar 2010 - Dec 2023
Sudan (USD mn) 50,807.942 2022 yearly 1960 - 2022
Sweden (USD mn) 160,009.702 Dec 2023 quarterly Mar 1980 - Dec 2023
Switzerland (USD mn) 223,939.424 Dec 2023 quarterly Mar 1990 - Dec 2023

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Nigeria Key Series

Buy Selected Data

Includes 202 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 (%) -4.8 Sep 2023 quarterly Dec 2010 - Sep 2023
Consolidated Fiscal Balance (USD mn) -3,071.175 Sep 2023 quarterly Mar 2005 - Sep 2023
National Government Debt (USD mn) 101,710.7 Dec 2023 quarterly Dec 2006 - Dec 2023
Government Debt: % of GDP (%) 39.8 Dec 2023 quarterly Dec 2010 - Dec 2023
Forecast: Government Expenditure (NGN bn) 69,308.370 2028 yearly 1990 - 2028
Forecast: Government Net Debt (NGN bn) 205,772.040 2028 yearly 1990 - 2028
Forecast: Government Revenue (NGN bn) 42,354.640 2028 yearly 1990 - 2028
Federal Govt Expenditure: Capital (NGN bn) 1,043.310 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue (NGN bn) 4,791.390 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Balance (NGN bn) -2,347.160 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure: Recurrent (NGN bn) 2,791.110 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue: Oil (NGN bn) 814.230 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Revenue (NGN bn) 1,693.020 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure (NGN bn) 4,040.180 Sep 2023 quarterly Mar 2005 - Sep 2023
Government Debt: Domestic (NGN bn) 53,258.012 Dec 2023 quarterly Dec 2005 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 1,889.4 Sep 2023 monthly Jan 2003 - Sep 2023
Total Exports (USD mn) 4,751.7 Dec 2023 monthly Jan 2003 - Dec 2023
Total Exports Growth (%) 82.1 Dec 2023 monthly Jan 2004 - Dec 2023
Aluminum: Exports (USD th) 165,856.846 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 2,876.353 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 480.530 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,989.3 Mar 2023 monthly Jan 2003 - Mar 2023
Total Imports Growth (%) 34.5 Sep 2023 monthly Jan 2004 - Sep 2023
Imports: Medicament (USD th) 755,360.705 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 508,406.689 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 332.105 Dec 2023 monthly Jan 2003 - Dec 2023
Total Imports from USA (USD mn) 176.789 Dec 2023 monthly Dec 2009 - Dec 2023
Total Exports to China (USD mn) 24.772 Sep 2023 monthly Jan 2007 - Sep 2023
Total Imports from China (USD mn) 715.679 Sep 2023 monthly Jan 2007 - Sep 2023
Imports (NGN mn) 2,429,185.197 Sep 2023 monthly Jan 2003 - Sep 2023
Exports: Crude Oil (NGN mn) 3,404,818.113 Dec 2023 monthly Jan 2003 - Dec 2023
Total Trade (NGN mn) 6,865,948.584 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: America: ow USA (NGN mn) 299,453.208 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: Europe: ow Netherlands (NGN mn) 523,568.988 Dec 2023 monthly Jan 2003 - Dec 2023
Exports (NGN mn) 4,284,566.609 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: Europe: ow UK (NGN mn) 93,037.938 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: Mineral Products (NGN mn) 24,389,951.388 2022 yearly 2003 - 2022
Exports: Vegetable Products (NGN mn) 316,546.604 2022 yearly 2003 - 2022
Imports: Europe: ow Germany (NGN mn) 68,742.651 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Europe: ow Netherlands (NGN mn) 158,090.619 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Asia: ow China (NGN mn) 631,502.155 Dec 2023 monthly Jan 2007 - Dec 2023
Imports: America: ow USA (NGN mn) 159,407.643 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Europe: ow UK (NGN mn) 71,966.938 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Chemicals and Chemical Products (NGN mn) 385,751.608 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 810,486.908 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Manufactured Goods (NGN mn) 184,959.341 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Food and Live Animals (NGN mn) 364,417.505 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Machinery and Transport Equipment (NGN mn) 639,703.694 Sep 2023 monthly Jan 2003 - Sep 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 274.7 Dec 2022 quarterly Mar 2008 - Dec 2022
Current Account Balance (USD mn) 2,348.3 Dec 2022 quarterly Mar 2008 - Dec 2022
Current Account Balance: % of GDP (%) 1.8 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Direct Investment (USD mn) 752.7 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Direct Investment: % of GDP (%) 0.6 Dec 2022 quarterly Mar 2010 - Dec 2022
Foreign Portfolio Investment (USD mn) 337.399 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Portfolio Investment: % of GDP (%) 0.3 Dec 2022 quarterly Mar 2010 - Dec 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -2.3 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 339.714 Dec 2022 quarterly Mar 2008 - Dec 2022
External Debt (USD mn) 42,495.2 Dec 2023 quarterly Dec 2006 - Dec 2023
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) 0.890 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -80,930.532 2022 yearly 2005 - 2022
BoP: CF: Financial Account: Assets: Direct Investment (USD mn) 94.452 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Capital Account (USD mn) 0.000 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Current Transfers (USD mn) 5,442.967 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) 1,000.946 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) -182.419 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) 1,437.945 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Other Investment (USD mn) -1,699.632 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods (USD mn) 2,798.047 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Assets (USD mn) -1,085.664 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income (USD mn) -2,264.294 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods: Debit (USD mn) -11,787.111 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Current Transfers: Credit (USD mn) 5,452.430 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income: Debit (USD mn) -2,775.122 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) 848.311 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: Net Errors & Omission (USD mn) -3,201.073 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services: Debit (USD mn) -4,428.113 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Current Transfers: Debit (USD mn) -505.024 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income: Credit (USD mn) 510.828 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services (USD mn) -3,132.845 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services: Credit (USD mn) 1,295.268 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Liabilities (USD mn) 1,938.423 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods: Credit (USD mn) 14,585.159 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account (USD mn) 852.759 Dec 2022 quarterly Mar 2008 - Dec 2022
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government (USD mn) 42,495.160 Dec 2023 quarterly Dec 2006 - Dec 2023
External Debt: Government: International Capital Market (USD mn) 15,118.350 Dec 2023 quarterly Mar 2011 - Dec 2023
Capital Inflow: Foreign Direct Investment (USD) 20,080,525.860 Nov 2022 monthly Jan 2007 - Nov 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) 19,608.589 Feb 2024 monthly Nov 1992 - Feb 2024
Money Supply M2 (USD mn) 60,857.230 Feb 2024 monthly Nov 1992 - Feb 2024
M2 Growth (%) 77.6 Feb 2024 monthly Nov 1993 - Feb 2024
Reserve Requirement Ratio (%) 45.0 Mar 2024 monthly Nov 2005 - Mar 2024
Foreign Exchange Reserves (USD mn) 32,360.0 Nov 2023 monthly Jan 1960 - Nov 2023
Foreign Exchange Reserves: % of GDP (%) 7.771 Sep 2023 quarterly Dec 2010 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 8.9 Nov 2023 monthly Jan 2003 - Nov 2023
Gold Reserves (USD mn) 1,273.284 Sep 2023 monthly Dec 1950 - Sep 2023
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) 74,341.2 Feb 2024 monthly Nov 1992 - Feb 2024
Domestic Credit Growth (%) 63.6 Feb 2024 monthly Nov 1993 - Feb 2024
Private Debt: % of Nominal GDP (%) 16.22 Sep 2023 quarterly Dec 2010 - Sep 2023
Monetary Survey: Liabilities: Base Money (NGN mn) 21,230,656.700 Feb 2024 monthly Jan 1993 - Feb 2024
Monetary Survey: Liabilities: M2: M1 (NGN mn) 30,277,249.260 Feb 2024 monthly Nov 1992 - Feb 2024
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 63,691,242.700 Feb 2024 monthly Nov 1992 - Feb 2024
Monetary Survey: Liabilities: M2 (NGN mn) 93,968,491.960 Feb 2024 monthly Nov 1992 - Feb 2024
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 4.210 Dec 2022 semiannually Dec 2003 - Dec 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -0.6 Nov 2023 monthly Jul 2015 - Nov 2023

More Indicators for Nigeria

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data