Nigeria Nominal GDP Growth
2011 - 2025 | Quarterly | % | CEIC Data
Key information about Nigeria Nominal GDP Growth
- Nigeria Nominal GDP Growth was reported at 19.229 % in Jun 2025.
- This records an increase from the previous number of 18.296 % for Mar 2025.
- Nigeria Nominal GDP Growth data is updated quarterly, averaging 9.260 % from Mar 2011 to Jun 2025, with 58 observations.
- The data reached an all-time high of 58.071 % in Dec 2023 and a record low of -2.796 % in Jun 2020.
- Nigeria Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The National Bureau of Statistics provides Nominal GDP in local currency, at basic prices.
View Nigeria's Nominal GDP Growth from Mar 2011 to Jun 2025 in the chart:
What was Nigeria's Nominal GDP Growth in Jun 2025?
Nigeria Nominal GDP Growth was reported at 19.229 % in Jun 2025. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 19.229 Jun 2025 | 18.296 Mar 2025 | -2.796 Jun 2020 | 58.071 Dec 2023 | % | quarterly | Mar 2011 - Jun 2025 |
Nominal GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 5.891 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Algeria (%) | 5.091 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Argentina (%) | 49.635 Jun 2025 | quarterly | Mar 1994 - Jun 2025 |
| Armenia (%) | 10.450 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Australia (%) | 4.059 Jun 2025 | quarterly | Sep 1960 - Jun 2025 |
| Austria (%) | 3.115 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Azerbaijan (%) | 3.773 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| Bahrain (%) | 2.270 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Bangladesh (%) | 10.996 2025 | yearly | 2007 - 2025 |
| Belarus (%) | 14.243 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Belgium (%) | 3.271 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Bolivia (%) | 2.137 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Bosnia and Herzegovina (%) | 5.053 Jun 2025 | quarterly | Mar 2009 - Jun 2025 |
| Botswana (%) | 1.238 Jun 2025 | quarterly | Sep 1994 - Jun 2025 |
| Brazil (%) | 7.330 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Brunei (%) | -5.658 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Bulgaria (%) | 15.337 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Cambodia (%) | 8.470 2024 | yearly | 1994 - 2024 |
| Canada (%) | 3.940 Sep 2025 | quarterly | Mar 1958 - Sep 2025 |
| Chile (%) | 8.709 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| China (%) | 3.728 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| Colombia (%) | 9.553 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Croatia (%) | 7.989 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Cyprus (%) | 4.263 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Czech Republic (%) | 6.145 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Denmark (%) | 3.952 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Ecuador (%) | 4.705 Jun 2025 | quarterly | Mar 1992 - Jun 2025 |
| Egypt (%) | 24.367 Jun 2025 | quarterly | Sep 2002 - Jun 2025 |
| Estonia (%) | 4.030 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| European Union (%) | 4.408 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Finland (%) | 1.802 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| France (%) | 1.784 Sep 2025 | quarterly | Mar 1950 - Sep 2025 |
| Georgia (%) | 11.891 Jun 2025 | quarterly | Mar 1997 - Jun 2025 |
| Germany (%) | 3.431 Sep 2025 | quarterly | Mar 1961 - Sep 2025 |
| Ghana (%) | 23.983 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Greece (%) | 5.193 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Hong Kong SAR, China (%) | 4.833 Sep 2025 | quarterly | Mar 1974 - Sep 2025 |
| Hungary (%) | 5.912 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Iceland (%) | 7.308 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| India (%) | 8.733 Sep 2025 | quarterly | Jun 1997 - Sep 2025 |
| Indonesia (%) | 7.469 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Iran (%) | 38.571 Jun 2025 | quarterly | Jun 1989 - Jun 2025 |
| Ireland (%) | 18.688 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Israel (%) | 4.844 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Italy (%) | 3.045 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Ivory Coast (%) | 12.304 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 3.931 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Jordan (%) | 4.972 Jun 2025 | quarterly | Mar 1993 - Jun 2025 |
| Kazakhstan (%) | 17.890 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Kenya (%) | 11.292 Jun 2025 | quarterly | Mar 2010 - Jun 2025 |
| South Korea (%) | 3.424 Jun 2025 | quarterly | Mar 1961 - Jun 2025 |
| Kosovo (%) | 7.100 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Kuwait (%) | -7.792 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Kyrgyzstan (%) | 21.743 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Laos (%) | 22.530 2024 | yearly | 1985 - 2024 |
| Latvia (%) | 7.758 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Lebanon (%) | 323.929 2023 | yearly | 1998 - 2023 |
| Lithuania (%) | 6.237 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Luxembourg (%) | 2.358 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Macau SAR, China (%) | 6.317 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| North Macedonia (%) | 7.756 Jun 2025 | quarterly | Mar 2001 - Jun 2025 |
| Malawi (%) | 31.544 2023 | yearly | 2003 - 2023 |
| Malaysia (%) | 5.214 Sep 2025 | quarterly | Mar 1992 - Sep 2025 |
| Malta (%) | 5.721 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Mauritius (%) | 7.713 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Mexico (%) | 4.042 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Moldova (%) | 10.011 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Mongolia (%) | 7.807 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Montenegro (%) | 8.638 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Morocco (%) | 7.786 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Mozambique (%) | 8.752 2024 | yearly | 1964 - 2024 |
| Nepal (%) | 7.053 2025 | yearly | 2002 - 2025 |
| Netherlands (%) | 5.132 Sep 2025 | quarterly | Mar 1989 - Sep 2025 |
| New Zealand (%) | 4.286 Jun 2025 | quarterly | Jun 1988 - Jun 2025 |
| Nigeria (%) | 19.229 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Norway (%) | 2.160 Sep 2025 | quarterly | Mar 1979 - Sep 2025 |
| Oman (%) | 0.618 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Pakistan (%) | 14.430 2024 | yearly | 2001 - 2024 |
| Palestinian Territory (%) | -9.281 Jun 2025 | quarterly | Mar 2001 - Jun 2025 |
| Panama (%) | 3.259 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Paraguay (%) | 9.042 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Peru (%) | 7.408 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Philippines (%) | 4.850 Sep 2025 | quarterly | Mar 1982 - Sep 2025 |
| Poland (%) | 6.271 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Portugal (%) | 6.673 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Qatar (%) | -0.262 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Romania (%) | 6.849 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Russia (%) | 4.727 Jun 2025 | quarterly | Mar 1994 - Jun 2025 |
| Saudi Arabia (%) | -0.522 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Serbia (%) | 8.217 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Singapore (%) | 3.395 Sep 2025 | quarterly | Mar 1976 - Sep 2025 |
| Slovakia (%) | 4.419 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Slovenia (%) | 5.301 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| South Africa (%) | 2.772 Jun 2025 | quarterly | Mar 1961 - Jun 2025 |
| Spain (%) | 5.675 Sep 2025 | quarterly | Mar 1971 - Sep 2025 |
| Sri Lanka (%) | 10.531 Jun 2025 | quarterly | Mar 2003 - Jun 2025 |
| Sudan (%) | 141.527 2021 | yearly | 1961 - 2021 |
| Sweden (%) | 3.734 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Switzerland (%) | 0.565 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Syria (%) | 113.698 2022 | yearly | 1971 - 2022 |
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 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 3,732.590 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Expenditure (NGN bn) | 5,584.150 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: Capital (NGN bn) | 1,415.860 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| 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 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: Growth Rate: MoM (%) | -17.535 Sep 2024 | monthly | Jan 2019 - Sep 2024 |
| Total Trade (NGN mn) | 10,432,090.965 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports (NGN mn) | 4,384,900.258 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Growth Rate: MoM (%) | -17.669 Sep 2024 | monthly | Jan 2019 - Sep 2024 |
| Exports: Crude Oil (NGN mn) | 3,905,247.850 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: America: ow USA (NGN mn) | 201,983.472 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Europe: ow UK (NGN mn) | 180,704.134 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports (NGN mn) | 6,047,190.706 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Europe: ow Netherlands (NGN mn) | 261,930.167 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| 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 |
| Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) | 53,170.162 2023 | yearly | 2003 - 2023 |
| Imports: America: ow USA (NGN mn) | 446,388.165 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 Netherlands (NGN mn) | 201,091.335 Sep 2024 | monthly | Jan 2003 - 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: 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: Food and Live Animals (NGN mn) | 455,343.676 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 |
| Imports: Manufactured Goods (NGN mn) | 488,494.173 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: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 74,077,851.830 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: Base Money (NGN mn) | 32,659,076.490 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| 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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