Nigeria Gross National Product (GNP)
1960 - 2024 | Yearly | USD mn | CEIC Data
Key information about Nigeria Gross National Product (GNP)
- Nigeria Gross National Product (GNP) was reported at 181.128 USD bn in Dec 2024.
- This records a decrease from the previous number of 352.906 USD bn for Dec 2023.
- Nigeria Gross National Product (GNP) data is updated yearly, averaging 44.845 USD bn from Dec 1960 to 2024, with 65 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 2024 in the chart:
What was Nigeria's Gross National Product (GNP) in 2024?
Nigeria Gross National Product (GNP) was reported at 181.128 USD bn in Dec 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 181,127.703 2024 | 352,906.094 2023 | 4,173.786 1960 | 555,021.693 2014 | USD mn | yearly | 1960 - 2024 |
Gross National Product (GNP) by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 26,971.002 2024 | yearly | 1984 - 2024 |
| Algeria (USD mn) | 258,580.305 2024 | yearly | 1960 - 2024 |
| Argentina (USD mn) | 620,500.316 2024 | yearly | 1960 - 2024 |
| Armenia (USD mn) | 24,847.533 2024 | yearly | 1990 - 2024 |
| Australia (USD mn) | 457,576.697 Sep 2025 | quarterly | Sep 1959 - Sep 2025 |
| Austria (USD mn) | 533,362.256 2024 | yearly | 1960 - 2024 |
| Azerbaijan (USD mn) | 71,581.147 2024 | yearly | 1990 - 2024 |
| Bahrain (USD mn) | 43,575.298 2023 | yearly | 1980 - 2023 |
| Bangladesh (USD mn) | 485,291.033 2025 | yearly | 1973 - 2025 |
| Belarus (USD mn) | 74,150.765 2024 | yearly | 1990 - 2024 |
| Belgium (USD mn) | 187,108.712 Jun 2025 | quarterly | Mar 1980 - Jun 2025 |
| Bolivia (USD mn) | 48,305.777 2024 | yearly | 1976 - 2024 |
| Bosnia and Herzegovina (USD mn) | 28,254.442 2024 | yearly | 1990 - 2024 |
| Botswana (USD mn) | 19,433.948 2024 | yearly | 1960 - 2024 |
| Brazil (USD mn) | 572,847.244 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Brunei (USD mn) | 15,953.750 2024 | yearly | 1989 - 2024 |
| Bulgaria (USD mn) | 97,379.719 2023 | yearly | 1980 - 2023 |
| Cambodia (USD mn) | 45,492.705 2024 | yearly | 1960 - 2024 |
| Canada (USD mn) | 608,282.271 Sep 2025 | quarterly | Mar 1961 - Sep 2025 |
| Chile (USD mn) | 80,619.446 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| China (USD mn) | 18,619,311.184 2024 | yearly | 1957 - 2024 |
| Colombia (USD mn) | 378,656.279 2024 | yearly | 1960 - 2024 |
| Croatia (USD mn) | 92,885.914 2024 | yearly | 1990 - 2024 |
| Cyprus (USD mn) | 33,546.628 2024 | yearly | 1976 - 2024 |
| Czech Republic (USD mn) | 330,064.048 2024 | yearly | 1990 - 2024 |
| Denmark (USD mn) | 120,912.151 Sep 2025 | quarterly | Mar 1990 - Sep 2025 |
| Ecuador (USD mn) | 121,339.484 2024 | yearly | 1960 - 2024 |
| Egypt (USD mn) | 371,522.711 2024 | yearly | 1965 - 2024 |
| Estonia (USD mn) | 12,062.244 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| European Union (USD mn) | 19,411,312.243 2024 | yearly | 1960 - 2024 |
| Finland (USD mn) | 83,733.883 Sep 2025 | quarterly | Mar 1990 - Sep 2025 |
| France (USD mn) | 3,218,731.300 2024 | yearly | 1957 - 2024 |
| Georgia (USD mn) | 8,719.811 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Germany (USD mn) | 1,358,572.208 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Ghana (USD mn) | 79,746.123 2024 | yearly | 1960 - 2024 |
| Greece (USD mn) | 251,437.708 2024 | yearly | 1960 - 2024 |
| Hong Kong SAR, China (USD mn) | 114,514.120 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Hungary (USD mn) | 217,101.887 2024 | yearly | 1968 - 2024 |
| Iceland (USD mn) | 33,101.572 2024 | yearly | 1960 - 2024 |
| India (USD mn) | 3,854,253.013 2024 | yearly | 1957 - 2024 |
| Indonesia (USD mn) | 361,019.624 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| Iran (USD mn) | 3,397,523.952 2023 | yearly | 1959 - 2023 |
| Ireland (USD mn) | 124,287.909 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Israel (USD mn) | 157,458.741 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Italy (USD mn) | 2,194,207.863 Jun 2025 | quarterly | Mar 1998 - Jun 2025 |
| Ivory Coast (USD mn) | 83,064.981 2024 | yearly | 1960 - 2024 |
| Japan (USD mn) | 1,185,658.611 Sep 2025 | quarterly | Mar 1957 - Sep 2025 |
| Jordan (USD mn) | 52,106.346 2024 | yearly | 1965 - 2024 |
| Kazakhstan (USD mn) | 267,615.597 2024 | yearly | 1993 - 2024 |
| Kenya (USD mn) | 122,557.460 2024 | yearly | 1960 - 2024 |
| South Korea (USD mn) | 493,487.155 Sep 2025 | quarterly | Mar 1960 - Sep 2025 |
| Kosovo (USD mn) | 11,384.703 2024 | yearly | 2004 - 2024 |
| Kuwait (USD mn) | 197,694.018 2023 | yearly | 1964 - 2023 |
| Kyrgyzstan (USD mn) | 14,945.224 2023 | yearly | 1991 - 2023 |
| Laos (USD mn) | 15,455.804 2024 | yearly | 1984 - 2024 |
| Latvia (USD mn) | 12,903.594 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Lebanon (USD mn) | 19,999.740 2023 | yearly | 1989 - 2023 |
| Lithuania (USD mn) | 22,642.223 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Luxembourg (USD mn) | 60,960.152 2024 | yearly | 1960 - 2024 |
| Macau SAR, China (USD mn) | 44,623.229 2023 | yearly | 1982 - 2023 |
| North Macedonia (USD mn) | 15,818.396 2024 | yearly | 1990 - 2024 |
| Malawi (USD mn) | 10,620.512 2024 | yearly | 1960 - 2024 |
| Malaysia (USD mn) | 117,424.885 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Malta (USD mn) | 6,710.972 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Mauritius (USD mn) | 45,843.655 Oct 2025 | monthly | Jun 2005 - Oct 2025 |
| Mexico (USD mn) | 1,797,561.998 2024 | yearly | 1960 - 2024 |
| Moldova (USD mn) | 18,358.279 2024 | yearly | 1990 - 2024 |
| Mongolia (USD mn) | 20,904.512 2024 | yearly | 1981 - 2024 |
| Montenegro (USD mn) | 8,046.492 2024 | yearly | 1997 - 2024 |
| Morocco (USD mn) | 152,047.663 2024 | yearly | 1960 - 2024 |
| Mozambique (USD mn) | 19,900.380 2024 | yearly | 1991 - 2024 |
| Myanmar (USD mn) | 73,152.773 2024 | yearly | 1960 - 2024 |
| Nepal (USD mn) | 45,445.518 2025 | yearly | 1960 - 2025 |
| Netherlands (USD mn) | 323,888.037 Jun 2025 | quarterly | Mar 1988 - Jun 2025 |
| New Zealand (USD mn) | 64,249.960 Jun 2025 | quarterly | Jun 1987 - Jun 2025 |
| Nigeria (USD mn) | 181,127.703 2024 | yearly | 1960 - 2024 |
| Norway (USD mn) | 6,952.154 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Oman (USD mn) | 100,970.853 2024 | yearly | 1960 - 2024 |
| Pakistan (USD mn) | 435,775.244 2025 | yearly | 1960 - 2025 |
| Palestinian Territory (USD mn) | 3,212.800 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Panama (USD mn) | 81,857.899 2024 | yearly | 1960 - 2024 |
| Paraguay (USD mn) | 42,963.939 2024 | yearly | 1960 - 2024 |
| Peru (USD mn) | 79,592.974 Sep 2025 | quarterly | Mar 2007 - Sep 2025 |
| Philippines (USD mn) | 134,069.336 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Poland (USD mn) | 886,913.594 2024 | yearly | 1990 - 2024 |
| Portugal (USD mn) | 83,783.505 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Qatar (USD mn) | 210,764.835 2024 | yearly | 1970 - 2024 |
| Romania (USD mn) | 373,177.229 2024 | yearly | 1989 - 2024 |
| Russia (USD mn) | 2,144,940.238 2024 | yearly | 1988 - 2024 |
| Saudi Arabia (USD mn) | 189,344.451 Dec 2020 | quarterly | Mar 2015 - Dec 2020 |
| Serbia (USD mn) | 84,450.200 2024 | yearly | 1997 - 2024 |
| Singapore (USD mn) | 458,476.500 2024 | yearly | 1960 - 2024 |
| Slovakia (USD mn) | 38,172.258 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Slovenia (USD mn) | 19,920.808 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| South Africa (USD mn) | 102,363.712 Jun 2025 | quarterly | Mar 1960 - Jun 2025 |
| Spain (USD mn) | 477,065.124 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Sri Lanka (USD mn) | 24,145.557 Jun 2025 | quarterly | Mar 2010 - Jun 2025 |
| Sudan (USD mn) | 48,505.122 2024 | yearly | 1960 - 2024 |
| Sweden (USD mn) | 177,667.054 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Switzerland (USD mn) | 255,880.113 Sep 2025 | quarterly | Mar 1990 - Sep 2025 |
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 (%) | -4.0 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Consolidated Fiscal Balance (USD mn) | -1,902.660 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| National Government Debt (USD mn) | 97,066.2 Jun 2025 | quarterly | Dec 2006 - Jun 2025 |
| Government Debt: % of GDP (%) | 37.5 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Forecast: Government Expenditure (NGN bn) | 109,186.865 2030 | yearly | 1990 - 2030 |
| Forecast: Government Net Debt (NGN bn) | 295,803.687 2030 | yearly | 1990 - 2030 |
| Forecast: Government Revenue (NGN bn) | 80,747.215 2030 | yearly | 1990 - 2030 |
| Gross Federation Account Revenue (NGN bn) | 6,865.840 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Gross Federation Account Revenue: Oil (NGN bn) | 1,304.960 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Balance (NGN bn) | -3,301.610 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 Expenditure: Capital (NGN bn) | 1,415.860 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Expenditure (NGN bn) | 5,584.150 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Revenue (NGN bn) | 2,282.540 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) | 2,213.2 Jun 2025 | monthly | Jan 2003 - Jun 2025 |
| Total Exports (USD mn) | 4,858.0 Jun 2025 | monthly | Jan 2003 - Jun 2025 |
| Total Exports Growth (%) | 22.6 Jun 2025 | monthly | Jan 2004 - Jun 2025 |
| Aluminum: Exports (USD th) | 242,851.843 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 2,102.688 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 578.589 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 2,644.8 Jun 2025 | monthly | Jan 2003 - Jun 2025 |
| Total Imports Growth (%) | 2.5 Jun 2025 | monthly | Jan 2004 - Jun 2025 |
| Imports: Medicament (USD th) | 605,905.663 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 335,165.261 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 264.685 Jun 2025 | monthly | Jan 2003 - Jun 2025 |
| Total Imports from USA (USD mn) | 503.329 Jun 2025 | monthly | Dec 2009 - Jun 2025 |
| Total Exports to China (USD mn) | 174.147 Jun 2025 | monthly | Jan 2007 - Jun 2025 |
| Total Imports from China (USD mn) | 1,013.525 Jun 2025 | monthly | Jan 2007 - Jun 2025 |
| 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 (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: Europe: ow Netherlands (NGN mn) | 261,930.167 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| 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 |
| Exports: Mineral Products (NGN mn) | 33,075,147.443 2023 | yearly | 2003 - 2023 |
| Imports: Europe: ow Netherlands (NGN mn) | 201,091.335 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: Europe: ow Germany (NGN mn) | 135,143.103 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Europe: ow UK (NGN mn) | 134,085.602 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: America: ow USA (NGN mn) | 446,388.165 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Manufactured Goods (NGN mn) | 488,494.173 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: Chemicals and Chemical Products (NGN mn) | 614,100.231 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) | -551.1 Mar 2025 | quarterly | Mar 2008 - Mar 2025 |
| Current Account Balance (USD mn) | 3,726.7 Mar 2025 | quarterly | Mar 2014 - Mar 2025 |
| Current Account Balance: % of GDP (%) | 11.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Foreign Direct Investment (USD mn) | 246.9 Mar 2025 | quarterly | Mar 2014 - Mar 2025 |
| Foreign Direct Investment: % of GDP (%) | 0.4 Mar 2025 | quarterly | Mar 2010 - Mar 2025 |
| Foreign Portfolio Investment (USD mn) | -5,026.384 Mar 2025 | quarterly | Mar 2008 - Mar 2025 |
| Foreign Portfolio Investment: % of GDP (%) | -8.1 Mar 2025 | quarterly | Mar 2010 - Mar 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -133.9 Mar 2025 | quarterly | Mar 2008 - Mar 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -4,892.510 Mar 2025 | quarterly | Mar 2008 - Mar 2025 |
| External Debt (USD mn) | 46,983.4 Jun 2025 | quarterly | Dec 2006 - Jun 2025 |
| External Debt: % of GDP (%) | 18.6 2024 | yearly | 1985 - 2024 |
| 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) | 2.643 2030 | yearly | 1980 - 2030 |
| Net International Investment Position (USD mn) | -68,555.096 2024 | yearly | 2005 - 2024 |
| External Debt: Service Payments (USD mn) | 194.440 Dec 2018 | quarterly | Mar 2008 - Dec 2018 |
| External Debt: Government: International Capital Market (USD mn) | 15,118.350 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| External Debt: Government (USD mn) | 43,026.550 Sep 2024 | quarterly | Dec 2006 - 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) | 27,684.996 Oct 2025 | monthly | Apr 1990 - Oct 2025 |
| Money Supply M2 (USD mn) | 83,749.939 Oct 2025 | monthly | Apr 1990 - Oct 2025 |
| M2 Growth (%) | 10.2 Oct 2025 | monthly | Apr 1991 - Oct 2025 |
| Reserve Requirement Ratio (%) | 45.0 Oct 2025 | monthly | Nov 2005 - Oct 2025 |
| Foreign Exchange Reserves (USD mn) | 38,880.0 Jan 2025 | monthly | Jan 1960 - Jan 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 16.359 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 10.9 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Gold Reserves (USD mn) | 2,152.409 Mar 2025 | monthly | Dec 1950 - Mar 2025 |
| 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) | 69,798.2 Oct 2025 | monthly | Apr 1990 - Oct 2025 |
| Domestic Credit Growth (%) | -12.6 Oct 2025 | monthly | Apr 1991 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 15.41 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) | 36,894,418.660 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
| Monetary Survey: Liabilities: Base Money (NGN mn) | 32,659,076.490 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| Monetary Survey: Liabilities: M2 (NGN mn) | 110,972,270.500 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 74,077,851.830 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) | 8.6 Nov 2025 | monthly | Jul 2015 - Nov 2025 |
More Indicators for Nigeria
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