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) | 26,837.725 2024 | yearly | 1984 - 2024 |
| Algeria (USD mn) | 264,229.044 2024 | yearly | 1960 - 2024 |
| Argentina (USD mn) | 625,194.997 2024 | yearly | 1960 - 2024 |
| Armenia (USD mn) | 25,043.572 2024 | yearly | 1990 - 2024 |
| Australia (USD mn) | 484,203.967 Dec 2025 | quarterly | Sep 1959 - Dec 2025 |
| Austria (USD mn) | 533,362.256 2024 | yearly | 1960 - 2024 |
| Azerbaijan (USD mn) | 71,581.147 2024 | yearly | 1990 - 2024 |
| Bahrain (USD mn) | 43,883.726 2024 | yearly | 1980 - 2024 |
| Bangladesh (USD mn) | 481,542.448 2025 | yearly | 1973 - 2025 |
| Belarus (USD mn) | 74,320.780 2024 | yearly | 1990 - 2024 |
| Belgium (USD mn) | 201,384.158 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Bolivia (USD mn) | 53,767.325 2024 | yearly | 1976 - 2024 |
| Bosnia and Herzegovina (USD mn) | 29,554.453 2024 | yearly | 1990 - 2024 |
| Botswana (USD mn) | 19,433.948 2024 | yearly | 1960 - 2024 |
| Brazil (USD mn) | 586,879.525 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Brunei (USD mn) | 15,518.489 2025 | yearly | 1989 - 2025 |
| Bulgaria (USD mn) | 97,379.719 2023 | yearly | 1980 - 2023 |
| Cambodia (USD mn) | 45,994.755 2024 | yearly | 1960 - 2024 |
| Canada (USD mn) | 592,199.385 Dec 2025 | quarterly | Mar 1961 - Dec 2025 |
| Chile (USD mn) | 80,619.446 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| China (USD mn) | 19,394,956.445 2025 | yearly | 1957 - 2025 |
| Colombia (USD mn) | 414,121.306 2024 | yearly | 1960 - 2024 |
| Croatia (USD mn) | 93,330.322 2024 | yearly | 1990 - 2024 |
| Cyprus (USD mn) | 36,566.548 2025 | yearly | 1976 - 2025 |
| Czech Republic (USD mn) | 335,938.751 2024 | yearly | 1990 - 2024 |
| Denmark (USD mn) | 131,617.683 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| Ecuador (USD mn) | 121,312.194 2024 | yearly | 1960 - 2024 |
| Egypt (USD mn) | 371,522.711 2024 | yearly | 1965 - 2024 |
| Estonia (USD mn) | 12,656.056 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| European Union (USD mn) | 19,473,849.399 2024 | yearly | 1960 - 2024 |
| Finland (USD mn) | 87,324.699 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| France (USD mn) | 3,218,731.300 2024 | yearly | 1957 - 2024 |
| Georgia (USD mn) | 9,978.384 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Germany (USD mn) | 1,400,391.593 Dec 2025 | quarterly | Mar 1991 - Dec 2025 |
| Ghana (USD mn) | 79,228.944 2024 | yearly | 1960 - 2024 |
| Greece (USD mn) | 248,952.049 2024 | yearly | 1960 - 2024 |
| Hong Kong SAR, China (USD mn) | 125,403.747 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Hungary (USD mn) | 217,101.887 2024 | yearly | 1968 - 2024 |
| Iceland (USD mn) | 38,495.597 2025 | yearly | 1960 - 2025 |
| India (USD mn) | 3,860,469.390 2025 | yearly | 1957 - 2025 |
| Indonesia (USD mn) | 359,111.597 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Iran (USD mn) | 3,397,523.952 2023 | yearly | 1959 - 2023 |
| Ireland (USD mn) | 134,729.768 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Israel (USD mn) | 164,606.321 Mar 2026 | quarterly | Mar 1995 - Mar 2026 |
| Italy (USD mn) | 2,245,546.673 Dec 2025 | quarterly | Mar 1998 - Dec 2025 |
| Ivory Coast (USD mn) | 83,631.794 2024 | yearly | 1960 - 2024 |
| Japan (USD mn) | 1,182,293.399 Dec 2025 | quarterly | Mar 1957 - Dec 2025 |
| Jordan (USD mn) | 52,133.247 2024 | yearly | 1965 - 2024 |
| Kazakhstan (USD mn) | 267,952.699 2024 | yearly | 1993 - 2024 |
| Kenya (USD mn) | 118,468.238 2024 | yearly | 1960 - 2024 |
| South Korea (USD mn) | 498,882.256 Dec 2025 | quarterly | Mar 1960 - Dec 2025 |
| Kosovo (USD mn) | 11,463.365 2024 | yearly | 2004 - 2024 |
| Kuwait (USD mn) | 193,978.166 2024 | yearly | 1964 - 2024 |
| Kyrgyzstan (USD mn) | 17,855.324 2024 | yearly | 1991 - 2024 |
| Laos (USD mn) | 15,455.804 2024 | yearly | 1984 - 2024 |
| Latvia (USD mn) | 13,776.322 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Lebanon (USD mn) | 19,823.500 2023 | yearly | 1989 - 2023 |
| Lithuania (USD mn) | 25,117.938 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Luxembourg (USD mn) | 60,960.152 2024 | yearly | 1960 - 2024 |
| Macau SAR, China (USD mn) | 44,446.666 2023 | yearly | 1982 - 2023 |
| North Macedonia (USD mn) | 16,084.842 2024 | yearly | 1990 - 2024 |
| Malawi (USD mn) | 11,124.721 2024 | yearly | 1960 - 2024 |
| Malaysia (USD mn) | 124,354.069 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Malta (USD mn) | 6,602.212 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Mauritius (USD mn) | 46,514.002 Mar 2026 | monthly | Jun 2005 - Mar 2026 |
| Mexico (USD mn) | 1,805,281.845 2024 | yearly | 1960 - 2024 |
| Moldova (USD mn) | 18,293.898 2024 | yearly | 1990 - 2024 |
| Mongolia (USD mn) | 22,522.428 2025 | yearly | 1981 - 2025 |
| Montenegro (USD mn) | 8,246.973 2024 | yearly | 1997 - 2024 |
| Morocco (USD mn) | 158,229.086 2024 | yearly | 1960 - 2024 |
| Mozambique (USD mn) | 20,229.764 2024 | yearly | 1991 - 2024 |
| Myanmar (USD mn) | 72,699.850 2024 | yearly | 1960 - 2024 |
| Nepal (USD mn) | 45,445.518 2025 | yearly | 1960 - 2025 |
| Netherlands (USD mn) | 351,248.990 Dec 2025 | quarterly | Mar 1988 - Dec 2025 |
| New Zealand (USD mn) | 68,523.077 Dec 2025 | quarterly | Jun 1987 - Dec 2025 |
| Nigeria (USD mn) | 181,127.703 2024 | yearly | 1960 - 2024 |
| Norway (USD mn) | 5,266.388 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Oman (USD mn) | 100,970.853 2024 | yearly | 1960 - 2024 |
| Pakistan (USD mn) | 436,883.024 2025 | yearly | 1960 - 2025 |
| Palestinian Territory (USD mn) | 4,630.500 Sep 2025 | quarterly | Mar 2011 - Sep 2025 |
| Panama (USD mn) | 81,857.899 2024 | yearly | 1960 - 2024 |
| Paraguay (USD mn) | 43,025.798 2024 | yearly | 1960 - 2024 |
| Peru (USD mn) | 90,335.318 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| Philippines (USD mn) | 134,867.445 Mar 2026 | quarterly | Mar 1981 - Mar 2026 |
| Poland (USD mn) | 1,002,496.271 2025 | yearly | 1990 - 2025 |
| Portugal (USD mn) | 93,495.622 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Qatar (USD mn) | 211,944.505 2024 | yearly | 1970 - 2024 |
| Romania (USD mn) | 416,883.219 2025 | yearly | 1989 - 2025 |
| Russia (USD mn) | 2,543,518.549 2025 | yearly | 1988 - 2025 |
| 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) | 502,163.900 2025 | yearly | 1960 - 2025 |
| Slovakia (USD mn) | 40,614.874 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Slovenia (USD mn) | 21,160.070 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| South Africa (USD mn) | 116,487.625 Dec 2025 | quarterly | Mar 1960 - Dec 2025 |
| Spain (USD mn) | 526,314.957 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Sri Lanka (USD mn) | 27,991.797 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Sudan (USD mn) | 48,087.993 2024 | yearly | 1960 - 2024 |
| Sweden (USD mn) | 193,619.368 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Switzerland (USD mn) | 263,390.230 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
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 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) | 56,131,610.0 Dec 2025 | quarterly | Dec 2006 - Dec 2025 |
| Government Debt: % of GDP (%) | 18,684.4 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Forecast: Government Expenditure (NGN bn) | 129,829.781 2031 | yearly | 1990 - 2031 |
| Forecast: Government Net Debt (NGN bn) | 318,517.716 2031 | yearly | 1990 - 2031 |
| Forecast: Government Revenue (NGN bn) | 110,023.853 2031 | yearly | 1990 - 2031 |
| Government Debt: Domestic (NGN bn) | 80,488,865.115 Dec 2025 | quarterly | Dec 2005 - Dec 2025 |
| Federal Govt Balance (NGN bn) | -3,084.970 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Gross Federation Account Revenue: Oil (NGN bn) | 3,518.110 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Federal Govt Revenue (NGN bn) | 2,519.820 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Federal Govt Expenditure: Capital (NGN bn) | 958.160 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 4,210.940 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Gross Federation Account Revenue (NGN bn) | 11,925.570 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Federal Govt Expenditure (NGN bn) | 5,604.790 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -1.879 2028 | yearly | 1991 - 2028 |
| Trade Balance (USD mn) | 245.1 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Total Exports (USD mn) | 4,367.5 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Total Exports Growth (%) | -9.2 Dec 2025 | monthly | Jan 2004 - Dec 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 (%) | 9.9 Dec 2025 | monthly | Jan 2004 - Dec 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) | 162.467 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Total Imports from USA (USD mn) | 309.728 Dec 2025 | monthly | Dec 2009 - Dec 2025 |
| Total Exports to China (USD mn) | 157.315 Dec 2025 | monthly | Jan 2007 - Dec 2025 |
| Total Imports from China (USD mn) | 1,415.075 Dec 2025 | monthly | Jan 2007 - Dec 2025 |
| Exports: Mineral Products (NGN mn) | 73,459,088.314 2025 | yearly | 2003 - 2025 |
| Exports: Vegetable Products (NGN mn) | 1,539,822.759 2025 | yearly | 2003 - 2025 |
| Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) | 244,171.194 2025 | yearly | 2003 - 2025 |
| Exports (NGN mn) | 6,334,358.836 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Exports: America: ow USA (NGN mn) | 235,634.548 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Exports: Europe: ow Netherlands (NGN mn) | 663,947.498 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Exports: Europe: ow UK (NGN mn) | 47,516.769 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 1,191,103.588 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Chemicals and Chemical Products (NGN mn) | 999,721.947 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Manufactured Goods (NGN mn) | 621,984.130 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Machinery and Transport Equipment (NGN mn) | 1,929,321.105 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Food and Live Animals (NGN mn) | 850,483.714 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: America: ow USA (NGN mn) | 449,215.349 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Europe: ow Netherlands (NGN mn) | 446,202.327 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Europe: ow Germany (NGN mn) | 145,581.678 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Asia: ow China (NGN mn) | 2,052,359.077 Dec 2025 | monthly | Jan 2007 - Dec 2025 |
| Imports: Europe: ow UK (NGN mn) | 302,058.111 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports (NGN mn) | 5,978,855.607 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Exports: Crude Oil (NGN mn) | 3,256,138.155 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Total Trade (NGN mn) | 12,313,214.443 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Imports: Growth Rate: MoM (%) | 14.404 Dec 2025 | monthly | Jan 2019 - Dec 2025 |
| Exports: Growth Rate: MoM (%) | 3.151 Dec 2025 | monthly | Jan 2019 - Dec 2025 |
| Export Value Index (2015=100) | 110.100 2023 | yearly | 1980 - 2023 |
| Import Value Index (2015=100) | 110.300 2023 | yearly | 1980 - 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 673.0 Dec 2025 | quarterly | Mar 2008 - Dec 2025 |
| Current Account Balance (USD mn) | 1,397.2 Dec 2025 | quarterly | Mar 2014 - Dec 2025 |
| Current Account Balance: % of GDP (%) | 1.6 Dec 2025 | quarterly | Mar 2014 - Dec 2025 |
| Foreign Direct Investment (USD mn) | 1,113.0 Dec 2025 | quarterly | Mar 2014 - Dec 2025 |
| Foreign Direct Investment: % of GDP (%) | 1.3 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Foreign Portfolio Investment (USD mn) | 5,270.221 Dec 2025 | quarterly | Mar 2008 - Dec 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 6.2 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 325.0 Dec 2025 | quarterly | Mar 2008 - Dec 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 4,945.254 Dec 2025 | quarterly | Mar 2008 - Dec 2025 |
| External Debt (USD mn) | 51,856.0 Dec 2025 | quarterly | Dec 2006 - Dec 2025 |
| External Debt: % of GDP (%) | 12.0 2025 | yearly | 1985 - 2025 |
| External Debt: Short Term (USD mn) | 1,513.7 2022 | yearly | 2008 - 2022 |
| External Debt: Short Term: % of GDP (%) | 0.2 2022 | yearly | 2008 - 2022 |
| Forecast: Current Account Balance (USD bn) | 16.466 2031 | yearly | 1980 - 2031 |
| Net International Investment Position (USD mn) | -90,151.210 2025 | yearly | 2005 - 2025 |
| External Debt: Government (USD mn) | 51,856.030 Dec 2025 | quarterly | Dec 2006 - Dec 2025 |
| External Debt: Government: International Capital Market (USD mn) | 18,547.470 Dec 2025 | quarterly | Mar 2011 - Dec 2025 |
| External Debt: Service Payments (USD mn) | 194.440 Dec 2018 | quarterly | Mar 2008 - Dec 2018 |
| 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) | 31,944.224 Feb 2026 | monthly | Apr 1990 - Feb 2026 |
| Money Supply M2 (USD mn) | 90,327.599 Feb 2026 | monthly | Apr 1990 - Feb 2026 |
| M2 Growth (%) | 11.2 Feb 2026 | monthly | Apr 1991 - Feb 2026 |
| Reserve Requirement Ratio (%) | 45.0 Apr 2026 | monthly | Nov 2005 - Apr 2026 |
| Foreign Exchange Reserves (USD mn) | 45,752.8 Dec 2025 | monthly | Jan 1960 - Dec 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 16.055 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 11.1 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Gold Reserves (USD mn) | 2,978.457 Dec 2025 | monthly | Dec 1950 - Dec 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) | 98,297.6 Feb 2026 | monthly | Apr 1990 - Feb 2026 |
| Domestic Credit Growth (%) | 29.6 Feb 2026 | monthly | Apr 1991 - Feb 2026 |
| Private Debt: % of Nominal GDP (%) | 15.41 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Monetary Survey: Liabilities: Base Money (NGN mn) | 38,453,901.510 Feb 2026 | monthly | Apr 1990 - Feb 2026 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 79,570,432.440 Feb 2026 | monthly | Apr 1990 - Feb 2026 |
| Monetary Survey: Liabilities: M2 (NGN mn) | 123,107,068.550 Feb 2026 | monthly | Apr 1990 - Feb 2026 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) | 43,536,636.110 Feb 2026 | monthly | Apr 1990 - Feb 2026 |
| Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
| Non Performing Loans to Gross Loans (%) | 5.760 Jun 2025 | semiannually | Dec 2003 - Jun 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -3.6 Apr 2026 | monthly | Jul 2015 - Apr 2026 |
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.