01 · Economic overview

What should a reader know first?

Latest values orient the reader; the three-era analysis below shows how the economic record developed.

Nominal GDP$252.08B2024 · Latest current-price total · World rank 54 of 210

Real GDP growth4.1%2024 · Latest constant-price annual change · Constant-price annual change

GDP per capita$1,0832024 · Current U.S. dollars; not PPP adjusted · Current U.S. dollars; not PPP adjusted

Share of world GDP0.2%2024 · Share of the official world total · Official world aggregate denominator

Largest broad activity26.5%2024 · Largest broad production activity · Agriculture, hunting, forestry and fishing

Manufacturing8.9%2024 · Share of total gross value added · World gap −6.8 pp

Economic overview annual rank and index table55 annual rows

Annual core economic measures, world ranks and comparable world indices. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 55 of 55 rows

Economic overview annual rank and index table

Nigeria	1970	$29.39B	Not published	Not published	0.9 (world = 100)	Not published	Not published	Not published	Not published	$526	Not published	Not published	56.6 (world = 100)	0.9%	Not published	Not published	-99.1 pp vs world
Nigeria	1971	$34.09B	Not published	Not published	0.9 (world = 100)	14.2%	Not published	Not published	+10.0 pp vs world	$596	Not published	Not published	59.5 (world = 100)	0.9%	Not published	Not published	-99.1 pp vs world
Nigeria	1972	$41.46B	Not published	Not published	1.0 (world = 100)	7.2%	Not published	Not published	+1.8 pp vs world	$707	Not published	Not published	62.6 (world = 100)	1.0%	Not published	Not published	-99.0 pp vs world
Nigeria	1973	$47.63B	Not published	Not published	0.9 (world = 100)	6.1%	Not published	Not published	-0.3 pp vs world	$793	Not published	Not published	58.8 (world = 100)	0.9%	Not published	Not published	-99.1 pp vs world
Nigeria	1974	$77.13B	Not published	Not published	1.3 (world = 100)	10.8%	Not published	Not published	+8.7 pp vs world	$1,250	Not published	Not published	83.4 (world = 100)	1.3%	Not published	Not published	-98.7 pp vs world
Nigeria	1975	$98.08B	Not published	Not published	1.5 (world = 100)	0.7%	Not published	Not published	-0.1 pp vs world	$1,547	Not published	Not published	94.0 (world = 100)	1.5%	Not published	Not published	-98.5 pp vs world
Nigeria	1976	$119.64B	Not published	Not published	1.7 (world = 100)	7.1%	Not published	Not published	+1.9 pp vs world	$1,833	Not published	Not published	104.9 (world = 100)	1.7%	Not published	Not published	-98.3 pp vs world
Nigeria	1977	$139.21B	Not published	Not published	1.7 (world = 100)	8.3%	Not published	Not published	+4.1 pp vs world	$2,071	Not published	Not published	107.1 (world = 100)	1.7%	Not published	Not published	-98.3 pp vs world
Nigeria	1978	$155.34B	Not published	Not published	1.6 (world = 100)	-2.9%	Not published	Not published	-7.3 pp vs world	$2,241	Not published	Not published	99.6 (world = 100)	1.6%	Not published	Not published	-98.4 pp vs world
Nigeria	1979	$187.98B	Not published	Not published	1.7 (world = 100)	-2.8%	Not published	Not published	-6.8 pp vs world	$2,629	Not published	Not published	103.3 (world = 100)	1.7%	Not published	Not published	-98.3 pp vs world
Nigeria	1980	$243.85B	Not published	Not published	2.0 (world = 100)	2.2%	Not published	Not published	+0.3 pp vs world	$3,306	Not published	Not published	118.5 (world = 100)	2.0%	Not published	Not published	-98.0 pp vs world
Nigeria	1981	$225.53B	Not published	Not published	1.8 (world = 100)	-0.9%	Not published	Not published	-2.9 pp vs world	$2,965	Not published	Not published	105.8 (world = 100)	1.8%	Not published	Not published	-98.2 pp vs world
Nigeria	1982	$221.32B	Not published	Not published	1.8 (world = 100)	-6.8%	Not published	Not published	-7.3 pp vs world	$2,824	Not published	Not published	103.5 (world = 100)	1.8%	Not published	Not published	-98.2 pp vs world
Nigeria	1983	$219.14B	Not published	Not published	1.7 (world = 100)	-10.9%	Not published	Not published	-13.8 pp vs world	$2,724	Not published	Not published	99.1 (world = 100)	1.7%	Not published	Not published	-98.3 pp vs world
Nigeria	1984	$216.37B	Not published	Not published	1.6 (world = 100)	-1.1%	Not published	Not published	-5.8 pp vs world	$2,622	Not published	Not published	94.4 (world = 100)	1.6%	Not published	Not published	-98.4 pp vs world
Nigeria	1985	$210.15B	Not published	Not published	1.5 (world = 100)	5.9%	Not published	Not published	+2.4 pp vs world	$2,475	Not published	Not published	88.4 (world = 100)	1.5%	Not published	Not published	-98.5 pp vs world
Nigeria	1986	$112.92B	Not published	Not published	0.7 (world = 100)	0.1%	Not published	Not published	-3.1 pp vs world	$1,294	Not published	Not published	40.8 (world = 100)	0.7%	Not published	Not published	-99.3 pp vs world
Nigeria	1987	$60.93B	Not published	Not published	0.3 (world = 100)	3.2%	Not published	Not published	-0.4 pp vs world	$680	Not published	Not published	19.3 (world = 100)	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	1988	$69.57B	Not published	Not published	0.3 (world = 100)	7.3%	Not published	Not published	+2.8 pp vs world	$756	Not published	Not published	19.5 (world = 100)	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	1989	$56.33B	Not published	Not published	0.3 (world = 100)	1.9%	Not published	Not published	-1.8 pp vs world	$596	Not published	Not published	15.0 (world = 100)	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	1990	$61.54B	Not published	Not published	0.3 (world = 100)	11.8%	Not published	Not published	+8.8 pp vs world	$634	Not published	Not published	14.6 (world = 100)	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	1991	$59.54B	Not published	Not published	0.2 (world = 100)	0.4%	Not published	Not published	-0.9 pp vs world	$597	Not published	Not published	13.3 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1992	$52.38B	Not published	Not published	0.2 (world = 100)	4.6%	Not published	Not published	+2.6 pp vs world	$512	Not published	Not published	10.8 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1993	$56.97B	Not published	Not published	0.2 (world = 100)	-2.0%	Not published	Not published	-3.8 pp vs world	$542	Not published	Not published	11.4 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1994	$49.50B	Not published	Not published	0.2 (world = 100)	-1.8%	Not published	Not published	-5.1 pp vs world	$459	Not published	Not published	9.2 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1995	$50.50B	Not published	Not published	0.2 (world = 100)	-0.1%	Not published	Not published	-3.2 pp vs world	$456	Not published	Not published	8.4 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1996	$53.58B	Not published	Not published	0.2 (world = 100)	4.2%	Not published	Not published	+0.6 pp vs world	$471	Not published	Not published	8.6 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1997	$56.11B	Not published	Not published	0.2 (world = 100)	2.9%	Not published	Not published	-1.0 pp vs world	$481	Not published	Not published	8.9 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1998	$58.20B	Not published	Not published	0.2 (world = 100)	2.6%	Not published	Not published	-0.2 pp vs world	$486	Not published	Not published	9.2 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1999	$59.37B	Not published	Not published	0.2 (world = 100)	0.6%	Not published	Not published	-3.0 pp vs world	$483	Not published	Not published	8.9 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2000	$69.45B	Not published	Not published	0.2 (world = 100)	5.0%	Not published	Not published	+0.6 pp vs world	$550	Not published	Not published	10.0 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2001	$74.03B	Not published	Not published	0.2 (world = 100)	5.9%	Not published	Not published	+3.8 pp vs world	$570	Not published	Not published	10.6 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2002	$95.39B	Not published	Not published	0.3 (world = 100)	15.3%	Not published	Not published	+13.1 pp vs world	$715	Not published	Not published	12.9 (world = 100)	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	2003	$104.91B	Not published	Not published	0.3 (world = 100)	7.3%	Not published	Not published	+4.3 pp vs world	$765	Not published	Not published	12.5 (world = 100)	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	2004	$136.39B	Not published	Not published	0.3 (world = 100)	9.3%	Not published	Not published	+4.8 pp vs world	$967	Not published	Not published	14.2 (world = 100)	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	2005	$176.13B	Not published	Not published	0.4 (world = 100)	6.4%	Not published	Not published	+2.5 pp vs world	$1,215	Not published	Not published	16.7 (world = 100)	0.4%	Not published	Not published	-99.6 pp vs world
Nigeria	2006	$236.10B	Not published	Not published	0.5 (world = 100)	6.1%	Not published	Not published	+1.6 pp vs world	$1,584	Not published	Not published	20.3 (world = 100)	0.5%	Not published	Not published	-99.5 pp vs world
Nigeria	2007	$275.63B	Not published	Not published	0.5 (world = 100)	6.6%	Not published	Not published	+2.3 pp vs world	$1,798	Not published	Not published	20.7 (world = 100)	0.5%	Not published	Not published	-99.5 pp vs world
Nigeria	2008	$336.98B	Not published	Not published	0.5 (world = 100)	6.8%	Not published	Not published	+4.8 pp vs world	$2,138	Not published	Not published	22.7 (world = 100)	0.5%	Not published	Not published	-99.5 pp vs world
Nigeria	2009	$291.92B	Not published	Not published	0.5 (world = 100)	8.0%	Not published	Not published	+9.4 pp vs world	$1,801	Not published	Not published	20.4 (world = 100)	0.5%	Not published	Not published	-99.5 pp vs world
Nigeria	2010	$374.77B	Not published	Not published	0.6 (world = 100)	9.7%	Not published	Not published	+5.3 pp vs world	$2,249	Not published	Not published	23.6 (world = 100)	0.6%	Not published	Not published	-99.4 pp vs world
Nigeria	2011	$435.09B	Not published	Not published	0.6 (world = 100)	9.0%	Not published	Not published	+5.7 pp vs world	$2,539	Not published	Not published	24.2 (world = 100)	0.6%	Not published	Not published	-99.4 pp vs world
Nigeria	2012	$503.45B	Not published	Not published	0.7 (world = 100)	8.3%	Not published	Not published	+5.6 pp vs world	$2,857	Not published	Not published	27.0 (world = 100)	0.7%	Not published	Not published	-99.3 pp vs world
Nigeria	2013	$583.75B	Not published	Not published	0.7 (world = 100)	9.5%	Not published	Not published	+6.7 pp vs world	$3,224	Not published	Not published	30.0 (world = 100)	0.7%	Not published	Not published	-99.3 pp vs world
Nigeria	2014	$669.95B	Not published	Not published	0.8 (world = 100)	10.4%	Not published	Not published	+7.4 pp vs world	$3,604	Not published	Not published	33.1 (world = 100)	0.8%	Not published	Not published	-99.2 pp vs world
Nigeria	2015	$604.67B	Not published	Not published	0.8 (world = 100)	6.6%	Not published	Not published	+3.5 pp vs world	$3,171	Not published	Not published	31.1 (world = 100)	0.8%	Not published	Not published	-99.2 pp vs world
Nigeria	2016	$508.38B	Not published	Not published	0.7 (world = 100)	2.2%	Not published	Not published	-0.5 pp vs world	$2,601	Not published	Not published	25.4 (world = 100)	0.7%	Not published	Not published	-99.3 pp vs world
Nigeria	2017	$490.37B	Not published	Not published	0.6 (world = 100)	4.7%	Not published	Not published	+1.3 pp vs world	$2,449	Not published	Not published	22.7 (world = 100)	0.6%	Not published	Not published	-99.4 pp vs world
Nigeria	2018	$571.73B	Not published	Not published	0.7 (world = 100)	5.9%	Not published	Not published	+2.6 pp vs world	$2,790	Not published	Not published	24.7 (world = 100)	0.7%	Not published	Not published	-99.3 pp vs world
Nigeria	2019	$668.22B	Not published	Not published	0.8 (world = 100)	6.2%	Not published	Not published	+3.6 pp vs world	$3,190	Not published	Not published	28.1 (world = 100)	0.8%	Not published	Not published	-99.2 pp vs world
Nigeria	2020	$595.40B	Not published	Not published	0.7 (world = 100)	-6.4%	Not published	Not published	-3.4 pp vs world	$2,782	Not published	Not published	25.4 (world = 100)	0.7%	Not published	Not published	-99.3 pp vs world
Nigeria	2021	$606.51B	Not published	Not published	0.6 (world = 100)	1.1%	Not published	Not published	-5.3 pp vs world	$2,775	Not published	Not published	22.4 (world = 100)	0.6%	Not published	Not published	-99.4 pp vs world
Nigeria	2022	$643.77B	Not published	Not published	0.6 (world = 100)	4.3%	Not published	Not published	+1.0 pp vs world	$2,885	Not published	Not published	22.5 (world = 100)	0.6%	Not published	Not published	-99.4 pp vs world
Nigeria	2023	$486.71B	Not published	Not published	0.5 (world = 100)	3.3%	Not published	Not published	+0.4 pp vs world	$2,136	Not published	Not published	16.1 (world = 100)	0.5%	Not published	Not published	-99.5 pp vs world
Nigeria	2024	$252.08B	Not published	Not published	0.2 (world = 100)	4.1%	Not published	Not published	+1.2 pp vs world	$1,083	Not published	Not published	7.9 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

The long view

Real output, indexed to a shared starting year

Indexing allows the country and benchmark trajectories to be compared without confusing their very different economic sizes.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

NigeriaAfricaWestern AfricaWorldConstant prices · U.S. dollars · index, shared start = 100

02 · Economic size and world position

How large is the economy, and where does it sit globally?

Nominal scale, real volume and share of world output provide three distinct views of economic size.

Full historical record

Nominal GDP

Nominal scale, real volume and share of world output provide three distinct views of economic size.

Nigeria is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

NigeriaWestern AfricaAfricaWorldCurrent prices · U.S. dollars

Formation1970–1990

$29.39B → $61.54B

Compound annual change: +3.8% CAGR

Integration1990–2010

$61.54B → $374.77B

Compound annual change: +9.5% CAGR

Current era2010–2024

$374.77B → $252.08B

Compound annual change: -2.8% CAGR

Nominal GDP$252.08B2024 · Published series · World rank 54 of 210 · highest-to-lowest

Real GDP$675.26B2024 · Published series · World rank unavailable

Share of world GDP0.2%2024 · Derived measure · World rank unavailable

Economic size and world position: annual rates, ranks and comparison indices55 annual rows

Annual non-duplicative measures used in the economic size and world position section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 55 of 55 rows

Economic size and world position: annual rates, ranks and comparison indices

Nigeria	1970	$29.39B	Not published	Not published	0.9 (world = 100)	$76.93B	Not published	Not published	0.4 (world = 100)	0.9%	Not published	Not published	-99.1 pp vs world
Nigeria	1971	$34.09B	Not published	Not published	0.9 (world = 100)	$87.89B	Not published	Not published	0.4 (world = 100)	0.9%	Not published	Not published	-99.1 pp vs world
Nigeria	1972	$41.46B	Not published	Not published	1.0 (world = 100)	$94.20B	Not published	Not published	0.4 (world = 100)	1.0%	Not published	Not published	-99.0 pp vs world
Nigeria	1973	$47.63B	Not published	Not published	0.9 (world = 100)	$99.95B	Not published	Not published	0.4 (world = 100)	0.9%	Not published	Not published	-99.1 pp vs world
Nigeria	1974	$77.13B	Not published	Not published	1.3 (world = 100)	$110.75B	Not published	Not published	0.5 (world = 100)	1.3%	Not published	Not published	-98.7 pp vs world
Nigeria	1975	$98.08B	Not published	Not published	1.5 (world = 100)	$111.53B	Not published	Not published	0.5 (world = 100)	1.5%	Not published	Not published	-98.5 pp vs world
Nigeria	1976	$119.64B	Not published	Not published	1.7 (world = 100)	$119.45B	Not published	Not published	0.5 (world = 100)	1.7%	Not published	Not published	-98.3 pp vs world
Nigeria	1977	$139.21B	Not published	Not published	1.7 (world = 100)	$129.32B	Not published	Not published	0.5 (world = 100)	1.7%	Not published	Not published	-98.3 pp vs world
Nigeria	1978	$155.34B	Not published	Not published	1.6 (world = 100)	$125.58B	Not published	Not published	0.5 (world = 100)	1.6%	Not published	Not published	-98.4 pp vs world
Nigeria	1979	$187.98B	Not published	Not published	1.7 (world = 100)	$122.11B	Not published	Not published	0.4 (world = 100)	1.7%	Not published	Not published	-98.3 pp vs world
Nigeria	1980	$243.85B	Not published	Not published	2.0 (world = 100)	$124.82B	Not published	Not published	0.4 (world = 100)	2.0%	Not published	Not published	-98.0 pp vs world
Nigeria	1981	$225.53B	Not published	Not published	1.8 (world = 100)	$123.70B	Not published	Not published	0.4 (world = 100)	1.8%	Not published	Not published	-98.2 pp vs world
Nigeria	1982	$221.32B	Not published	Not published	1.8 (world = 100)	$115.28B	Not published	Not published	0.4 (world = 100)	1.8%	Not published	Not published	-98.2 pp vs world
Nigeria	1983	$219.14B	Not published	Not published	1.7 (world = 100)	$102.69B	Not published	Not published	0.3 (world = 100)	1.7%	Not published	Not published	-98.3 pp vs world
Nigeria	1984	$216.37B	Not published	Not published	1.6 (world = 100)	$101.54B	Not published	Not published	0.3 (world = 100)	1.6%	Not published	Not published	-98.4 pp vs world
Nigeria	1985	$210.15B	Not published	Not published	1.5 (world = 100)	$107.55B	Not published	Not published	0.3 (world = 100)	1.5%	Not published	Not published	-98.5 pp vs world
Nigeria	1986	$112.92B	Not published	Not published	0.7 (world = 100)	$107.61B	Not published	Not published	0.3 (world = 100)	0.7%	Not published	Not published	-99.3 pp vs world
Nigeria	1987	$60.93B	Not published	Not published	0.3 (world = 100)	$111.06B	Not published	Not published	0.3 (world = 100)	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	1988	$69.57B	Not published	Not published	0.3 (world = 100)	$119.20B	Not published	Not published	0.3 (world = 100)	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	1989	$56.33B	Not published	Not published	0.3 (world = 100)	$121.49B	Not published	Not published	0.3 (world = 100)	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	1990	$61.54B	Not published	Not published	0.3 (world = 100)	$135.80B	Not published	Not published	0.4 (world = 100)	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	1991	$59.54B	Not published	Not published	0.2 (world = 100)	$136.28B	Not published	Not published	0.4 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1992	$52.38B	Not published	Not published	0.2 (world = 100)	$142.59B	Not published	Not published	0.4 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1993	$56.97B	Not published	Not published	0.2 (world = 100)	$139.69B	Not published	Not published	0.3 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1994	$49.50B	Not published	Not published	0.2 (world = 100)	$137.16B	Not published	Not published	0.3 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1995	$50.50B	Not published	Not published	0.2 (world = 100)	$137.06B	Not published	Not published	0.3 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1996	$53.58B	Not published	Not published	0.2 (world = 100)	$142.81B	Not published	Not published	0.3 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1997	$56.11B	Not published	Not published	0.2 (world = 100)	$147.00B	Not published	Not published	0.3 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1998	$58.20B	Not published	Not published	0.2 (world = 100)	$150.80B	Not published	Not published	0.3 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1999	$59.37B	Not published	Not published	0.2 (world = 100)	$151.68B	Not published	Not published	0.3 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2000	$69.45B	Not published	Not published	0.2 (world = 100)	$159.29B	Not published	Not published	0.3 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2001	$74.03B	Not published	Not published	0.2 (world = 100)	$168.71B	Not published	Not published	0.3 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2002	$95.39B	Not published	Not published	0.3 (world = 100)	$194.57B	Not published	Not published	0.4 (world = 100)	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	2003	$104.91B	Not published	Not published	0.3 (world = 100)	$208.87B	Not published	Not published	0.4 (world = 100)	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	2004	$136.39B	Not published	Not published	0.3 (world = 100)	$228.19B	Not published	Not published	0.4 (world = 100)	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	2005	$176.13B	Not published	Not published	0.4 (world = 100)	$242.88B	Not published	Not published	0.4 (world = 100)	0.4%	Not published	Not published	-99.6 pp vs world
Nigeria	2006	$236.10B	Not published	Not published	0.5 (world = 100)	$257.60B	Not published	Not published	0.4 (world = 100)	0.5%	Not published	Not published	-99.5 pp vs world
Nigeria	2007	$275.63B	Not published	Not published	0.5 (world = 100)	$274.58B	Not published	Not published	0.4 (world = 100)	0.5%	Not published	Not published	-99.5 pp vs world
Nigeria	2008	$336.98B	Not published	Not published	0.5 (world = 100)	$293.15B	Not published	Not published	0.4 (world = 100)	0.5%	Not published	Not published	-99.5 pp vs world
Nigeria	2009	$291.92B	Not published	Not published	0.5 (world = 100)	$316.71B	Not published	Not published	0.5 (world = 100)	0.5%	Not published	Not published	-99.5 pp vs world
Nigeria	2010	$374.77B	Not published	Not published	0.6 (world = 100)	$347.44B	Not published	Not published	0.5 (world = 100)	0.6%	Not published	Not published	-99.4 pp vs world
Nigeria	2011	$435.09B	Not published	Not published	0.6 (world = 100)	$378.54B	Not published	Not published	0.5 (world = 100)	0.6%	Not published	Not published	-99.4 pp vs world
Nigeria	2012	$503.45B	Not published	Not published	0.7 (world = 100)	$410.05B	Not published	Not published	0.6 (world = 100)	0.7%	Not published	Not published	-99.3 pp vs world
Nigeria	2013	$583.75B	Not published	Not published	0.7 (world = 100)	$448.92B	Not published	Not published	0.6 (world = 100)	0.7%	Not published	Not published	-99.3 pp vs world
Nigeria	2014	$669.95B	Not published	Not published	0.8 (world = 100)	$495.75B	Not published	Not published	0.6 (world = 100)	0.8%	Not published	Not published	-99.2 pp vs world
Nigeria	2015	$604.67B	Not published	Not published	0.8 (world = 100)	$528.63B	Not published	Not published	0.7 (world = 100)	0.8%	Not published	Not published	-99.2 pp vs world
Nigeria	2016	$508.38B	Not published	Not published	0.7 (world = 100)	$540.24B	Not published	Not published	0.7 (world = 100)	0.7%	Not published	Not published	-99.3 pp vs world
Nigeria	2017	$490.37B	Not published	Not published	0.6 (world = 100)	$565.71B	Not published	Not published	0.7 (world = 100)	0.6%	Not published	Not published	-99.4 pp vs world
Nigeria	2018	$571.73B	Not published	Not published	0.7 (world = 100)	$598.94B	Not published	Not published	0.7 (world = 100)	0.7%	Not published	Not published	-99.3 pp vs world
Nigeria	2019	$668.22B	Not published	Not published	0.8 (world = 100)	$635.90B	Not published	Not published	0.7 (world = 100)	0.8%	Not published	Not published	-99.2 pp vs world
Nigeria	2020	$595.40B	Not published	Not published	0.7 (world = 100)	$595.40B	Not published	Not published	0.7 (world = 100)	0.7%	Not published	Not published	-99.3 pp vs world
Nigeria	2021	$606.51B	Not published	Not published	0.6 (world = 100)	$602.01B	Not published	Not published	0.7 (world = 100)	0.6%	Not published	Not published	-99.4 pp vs world
Nigeria	2022	$643.77B	Not published	Not published	0.6 (world = 100)	$628.01B	Not published	Not published	0.7 (world = 100)	0.6%	Not published	Not published	-99.4 pp vs world
Nigeria	2023	$486.71B	Not published	Not published	0.5 (world = 100)	$648.90B	Not published	Not published	0.7 (world = 100)	0.5%	Not published	Not published	-99.5 pp vs world
Nigeria	2024	$252.08B	Not published	Not published	0.2 (world = 100)	$675.26B	Not published	Not published	0.7 (world = 100)	0.2%	Not published	Not published	-99.8 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Current U.S.-dollar GDP reflects domestic prices and exchange rates as well as production. It is not PPP adjusted.

Latest common comparison

Africa$2.83T2024

Western Africa$623.17B2024

World$111.57T2024

03 · Output and income per person

What does the record show per person?

Current and constant-price per-person measures separate present-dollar scale from real change.

Full historical record

GDP per person

Current and constant-price per-person measures separate present-dollar scale from real change.

Nigeria is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

NigeriaWestern AfricaAfricaWorldCurrent prices · U.S. dollars per person

Formation1970–1990

$526 → $634

Compound annual change: +0.9% CAGR

Integration1990–2010

$634 → $2,249

Compound annual change: +6.5% CAGR

Current era2010–2024

$2,249 → $1,083

Compound annual change: -5.1% CAGR

GDP per person$1,0832024 · Published series · World rank 185 of 210 · highest-to-lowest

Real GDP per person$2,9022024 · Published series · World rank unavailable

Output and income per person: annual rates, ranks and comparison indices55 annual rows

Annual non-duplicative measures used in the output and income per person section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 55 of 55 rows

Output and income per person: annual rates, ranks and comparison indices

Nigeria	1970	$526	Not published	Not published	56.6 (world = 100)	$1,376	Not published	Not published	26.5 (world = 100)
Nigeria	1971	$596	Not published	Not published	59.5 (world = 100)	$1,536	Not published	Not published	29.0 (world = 100)
Nigeria	1972	$707	Not published	Not published	62.6 (world = 100)	$1,607	Not published	Not published	29.4 (world = 100)
Nigeria	1973	$793	Not published	Not published	58.8 (world = 100)	$1,664	Not published	Not published	29.1 (world = 100)
Nigeria	1974	$1,250	Not published	Not published	83.4 (world = 100)	$1,796	Not published	Not published	31.4 (world = 100)
Nigeria	1975	$1,547	Not published	Not published	94.0 (world = 100)	$1,759	Not published	Not published	31.0 (world = 100)
Nigeria	1976	$1,833	Not published	Not published	104.9 (world = 100)	$1,830	Not published	Not published	31.3 (world = 100)
Nigeria	1977	$2,071	Not published	Not published	107.1 (world = 100)	$1,923	Not published	Not published	32.1 (world = 100)
Nigeria	1978	$2,241	Not published	Not published	99.6 (world = 100)	$1,811	Not published	Not published	29.5 (world = 100)
Nigeria	1979	$2,629	Not published	Not published	103.3 (world = 100)	$1,708	Not published	Not published	27.2 (world = 100)
Nigeria	1980	$3,306	Not published	Not published	118.5 (world = 100)	$1,692	Not published	Not published	26.9 (world = 100)
Nigeria	1981	$2,965	Not published	Not published	105.8 (world = 100)	$1,626	Not published	Not published	25.8 (world = 100)
Nigeria	1982	$2,824	Not published	Not published	103.5 (world = 100)	$1,471	Not published	Not published	23.7 (world = 100)
Nigeria	1983	$2,724	Not published	Not published	99.1 (world = 100)	$1,277	Not published	Not published	20.4 (world = 100)
Nigeria	1984	$2,622	Not published	Not published	94.4 (world = 100)	$1,230	Not published	Not published	19.1 (world = 100)
Nigeria	1985	$2,475	Not published	Not published	88.4 (world = 100)	$1,267	Not published	Not published	19.3 (world = 100)
Nigeria	1986	$1,294	Not published	Not published	40.8 (world = 100)	$1,234	Not published	Not published	18.6 (world = 100)
Nigeria	1987	$680	Not published	Not published	19.3 (world = 100)	$1,240	Not published	Not published	18.3 (world = 100)
Nigeria	1988	$756	Not published	Not published	19.5 (world = 100)	$1,295	Not published	Not published	18.7 (world = 100)
Nigeria	1989	$596	Not published	Not published	15.0 (world = 100)	$1,285	Not published	Not published	18.2 (world = 100)
Nigeria	1990	$634	Not published	Not published	14.6 (world = 100)	$1,398	Not published	Not published	19.5 (world = 100)
Nigeria	1991	$597	Not published	Not published	13.3 (world = 100)	$1,367	Not published	Not published	19.2 (world = 100)
Nigeria	1992	$512	Not published	Not published	10.8 (world = 100)	$1,393	Not published	Not published	19.5 (world = 100)
Nigeria	1993	$542	Not published	Not published	11.4 (world = 100)	$1,329	Not published	Not published	18.5 (world = 100)
Nigeria	1994	$459	Not published	Not published	9.2 (world = 100)	$1,271	Not published	Not published	17.4 (world = 100)
Nigeria	1995	$456	Not published	Not published	8.4 (world = 100)	$1,237	Not published	Not published	16.7 (world = 100)
Nigeria	1996	$471	Not published	Not published	8.6 (world = 100)	$1,255	Not published	Not published	16.6 (world = 100)
Nigeria	1997	$481	Not published	Not published	8.9 (world = 100)	$1,259	Not published	Not published	16.2 (world = 100)
Nigeria	1998	$486	Not published	Not published	9.2 (world = 100)	$1,258	Not published	Not published	16.0 (world = 100)
Nigeria	1999	$483	Not published	Not published	8.9 (world = 100)	$1,233	Not published	Not published	15.4 (world = 100)
Nigeria	2000	$550	Not published	Not published	10.0 (world = 100)	$1,260	Not published	Not published	15.2 (world = 100)
Nigeria	2001	$570	Not published	Not published	10.6 (world = 100)	$1,299	Not published	Not published	15.6 (world = 100)
Nigeria	2002	$715	Not published	Not published	12.9 (world = 100)	$1,458	Not published	Not published	17.3 (world = 100)
Nigeria	2003	$765	Not published	Not published	12.5 (world = 100)	$1,522	Not published	Not published	17.8 (world = 100)
Nigeria	2004	$967	Not published	Not published	14.2 (world = 100)	$1,618	Not published	Not published	18.4 (world = 100)
Nigeria	2005	$1,215	Not published	Not published	16.7 (world = 100)	$1,675	Not published	Not published	18.5 (world = 100)
Nigeria	2006	$1,584	Not published	Not published	20.3 (world = 100)	$1,728	Not published	Not published	18.5 (world = 100)
Nigeria	2007	$1,798	Not published	Not published	20.7 (world = 100)	$1,792	Not published	Not published	18.6 (world = 100)
Nigeria	2008	$2,138	Not published	Not published	22.7 (world = 100)	$1,860	Not published	Not published	19.2 (world = 100)
Nigeria	2009	$1,801	Not published	Not published	20.4 (world = 100)	$1,954	Not published	Not published	20.7 (world = 100)
Nigeria	2010	$2,249	Not published	Not published	23.6 (world = 100)	$2,085	Not published	Not published	21.5 (world = 100)
Nigeria	2011	$2,539	Not published	Not published	24.2 (world = 100)	$2,209	Not published	Not published	22.3 (world = 100)
Nigeria	2012	$2,857	Not published	Not published	27.0 (world = 100)	$2,327	Not published	Not published	23.2 (world = 100)
Nigeria	2013	$3,224	Not published	Not published	30.0 (world = 100)	$2,480	Not published	Not published	24.3 (world = 100)
Nigeria	2014	$3,604	Not published	Not published	33.1 (world = 100)	$2,667	Not published	Not published	25.7 (world = 100)
Nigeria	2015	$3,171	Not published	Not published	31.1 (world = 100)	$2,772	Not published	Not published	26.2 (world = 100)
Nigeria	2016	$2,601	Not published	Not published	25.4 (world = 100)	$2,764	Not published	Not published	25.7 (world = 100)
Nigeria	2017	$2,449	Not published	Not published	22.7 (world = 100)	$2,825	Not published	Not published	25.7 (world = 100)
Nigeria	2018	$2,790	Not published	Not published	24.7 (world = 100)	$2,923	Not published	Not published	26.0 (world = 100)
Nigeria	2019	$3,190	Not published	Not published	28.1 (world = 100)	$3,036	Not published	Not published	26.6 (world = 100)
Nigeria	2020	$2,782	Not published	Not published	25.4 (world = 100)	$2,782	Not published	Not published	25.4 (world = 100)
Nigeria	2021	$2,775	Not published	Not published	22.4 (world = 100)	$2,755	Not published	Not published	23.8 (world = 100)
Nigeria	2022	$2,885	Not published	Not published	22.5 (world = 100)	$2,814	Not published	Not published	23.7 (world = 100)
Nigeria	2023	$2,136	Not published	Not published	16.1 (world = 100)	$2,848	Not published	Not published	23.6 (world = 100)
Nigeria	2024	$1,083	Not published	Not published	7.9 (world = 100)	$2,902	Not published	Not published	23.5 (world = 100)

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

GDP per person is an accounting average, not a measure of household income distribution or living costs.

Latest common comparison

Africa$1,8692024

Western Africa$1,3662024

World$13,6732024

04 · Real growth and output prices

How quickly has real activity changed, and how have output prices moved?

Real GDP growth, per-person growth and the implicit deflator answer different questions.

Full historical record

Real GDP growth

Real GDP growth, per-person growth and the implicit deflator answer different questions.

Nigeria is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

NigeriaWestern AfricaAfricaWorldConstant prices · percent

Formation1970–1990

14.2% → 11.8%

Average annual rate: +3.1%

Integration1990–2010

11.8% → 9.7%

Average annual rate: +5.2%

Current era2010–2024

9.7% → 4.1%

Average annual rate: +5.3%

Real GDP growth4.1%2024 · Published series · World rank 67 of 210 · highest-to-lowest

Real GDP-per-person growth1.9%2024 · Published series · World rank 115 of 210 · highest-to-lowest

Implicit GDP deflator153.92024 · Published series · World rank unavailable

Real growth and output prices: annual rates, ranks and comparison indices55 annual rows

Annual non-duplicative measures used in the real growth and output prices section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 55 of 55 rows

Real growth and output prices: annual rates, ranks and comparison indices

Nigeria	1970	Not published	Not published	Not published	Not published	Not published	Not published	Not published	Not published	0.1	Not published	Not published
Nigeria	1971	14.2%	Not published	Not published	+10.0 pp vs world	11.6%	Not published	Not published	+9.5 pp vs world	0.1	Not published	Not published
Nigeria	1972	7.2%	Not published	Not published	+1.8 pp vs world	4.6%	Not published	Not published	+1.3 pp vs world	0.1	Not published	Not published
Nigeria	1973	6.1%	Not published	Not published	-0.3 pp vs world	3.5%	Not published	Not published	-0.9 pp vs world	0.1	Not published	Not published
Nigeria	1974	10.8%	Not published	Not published	+8.7 pp vs world	7.9%	Not published	Not published	+7.7 pp vs world	0.1	Not published	Not published
Nigeria	1975	0.7%	Not published	Not published	-0.1 pp vs world	-2.1%	Not published	Not published	-1.0 pp vs world	0.2	Not published	Not published
Nigeria	1976	7.1%	Not published	Not published	+1.9 pp vs world	4.1%	Not published	Not published	+0.7 pp vs world	0.2	Not published	Not published
Nigeria	1977	8.3%	Not published	Not published	+4.1 pp vs world	5.1%	Not published	Not published	+2.8 pp vs world	0.2	Not published	Not published
Nigeria	1978	-2.9%	Not published	Not published	-7.3 pp vs world	-5.8%	Not published	Not published	-8.4 pp vs world	0.2	Not published	Not published
Nigeria	1979	-2.8%	Not published	Not published	-6.8 pp vs world	-5.7%	Not published	Not published	-7.9 pp vs world	0.3	Not published	Not published
Nigeria	1980	2.2%	Not published	Not published	+0.3 pp vs world	-0.9%	Not published	Not published	-1.0 pp vs world	0.3	Not published	Not published
Nigeria	1981	-0.9%	Not published	Not published	-2.9 pp vs world	-3.9%	Not published	Not published	-4.0 pp vs world	0.3	Not published	Not published
Nigeria	1982	-6.8%	Not published	Not published	-7.3 pp vs world	-9.6%	Not published	Not published	-8.2 pp vs world	0.4	Not published	Not published
Nigeria	1983	-10.9%	Not published	Not published	-13.8 pp vs world	-13.2%	Not published	Not published	-14.2 pp vs world	0.4	Not published	Not published
Nigeria	1984	-1.1%	Not published	Not published	-5.8 pp vs world	-3.6%	Not published	Not published	-6.4 pp vs world	0.5	Not published	Not published
Nigeria	1985	5.9%	Not published	Not published	+2.4 pp vs world	3.0%	Not published	Not published	+1.3 pp vs world	0.5	Not published	Not published
Nigeria	1986	0.1%	Not published	Not published	-3.1 pp vs world	-2.6%	Not published	Not published	-4.0 pp vs world	0.5	Not published	Not published
Nigeria	1987	3.2%	Not published	Not published	-0.4 pp vs world	0.5%	Not published	Not published	-1.3 pp vs world	0.6	Not published	Not published
Nigeria	1988	7.3%	Not published	Not published	+2.8 pp vs world	4.5%	Not published	Not published	+1.9 pp vs world	0.7	Not published	Not published
Nigeria	1989	1.9%	Not published	Not published	-1.8 pp vs world	-0.8%	Not published	Not published	-2.7 pp vs world	1.0	Not published	Not published
Nigeria	1990	11.8%	Not published	Not published	+8.8 pp vs world	8.8%	Not published	Not published	+7.6 pp vs world	1.0	Not published	Not published
Nigeria	1991	0.4%	Not published	Not published	-0.9 pp vs world	-2.3%	Not published	Not published	-1.8 pp vs world	1.2	Not published	Not published
Nigeria	1992	4.6%	Not published	Not published	+2.6 pp vs world	1.9%	Not published	Not published	+1.5 pp vs world	1.8	Not published	Not published
Nigeria	1993	-2.0%	Not published	Not published	-3.8 pp vs world	-4.6%	Not published	Not published	-4.8 pp vs world	2.5	Not published	Not published
Nigeria	1994	-1.8%	Not published	Not published	-5.1 pp vs world	-4.4%	Not published	Not published	-6.1 pp vs world	3.6	Not published	Not published
Nigeria	1995	-0.1%	Not published	Not published	-3.2 pp vs world	-2.7%	Not published	Not published	-4.3 pp vs world	6.3	Not published	Not published
Nigeria	1996	4.2%	Not published	Not published	+0.6 pp vs world	1.5%	Not published	Not published	-0.6 pp vs world	8.0	Not published	Not published
Nigeria	1997	2.9%	Not published	Not published	-1.0 pp vs world	0.3%	Not published	Not published	-2.1 pp vs world	8.4	Not published	Not published
Nigeria	1998	2.6%	Not published	Not published	-0.2 pp vs world	-0.1%	Not published	Not published	-1.5 pp vs world	8.9	Not published	Not published
Nigeria	1999	0.6%	Not published	Not published	-3.0 pp vs world	-2.0%	Not published	Not published	-4.2 pp vs world	10.1	Not published	Not published
Nigeria	2000	5.0%	Not published	Not published	+0.6 pp vs world	2.2%	Not published	Not published	-0.8 pp vs world	12.4	Not published	Not published
Nigeria	2001	5.9%	Not published	Not published	+3.8 pp vs world	3.1%	Not published	Not published	+2.4 pp vs world	13.6	Not published	Not published
Nigeria	2002	15.3%	Not published	Not published	+13.1 pp vs world	12.2%	Not published	Not published	+11.3 pp vs world	16.5	Not published	Not published
Nigeria	2003	7.3%	Not published	Not published	+4.3 pp vs world	4.4%	Not published	Not published	+2.7 pp vs world	18.1	Not published	Not published
Nigeria	2004	9.3%	Not published	Not published	+4.8 pp vs world	6.3%	Not published	Not published	+3.2 pp vs world	22.1	Not published	Not published
Nigeria	2005	6.4%	Not published	Not published	+2.5 pp vs world	3.5%	Not published	Not published	+0.9 pp vs world	26.5	Not published	Not published
Nigeria	2006	6.1%	Not published	Not published	+1.6 pp vs world	3.2%	Not published	Not published	+0.1 pp vs world	32.9	Not published	Not published
Nigeria	2007	6.6%	Not published	Not published	+2.3 pp vs world	3.7%	Not published	Not published	+0.7 pp vs world	35.2	Not published	Not published
Nigeria	2008	6.8%	Not published	Not published	+4.8 pp vs world	3.8%	Not published	Not published	+3.1 pp vs world	38.0	Not published	Not published
Nigeria	2009	8.0%	Not published	Not published	+9.4 pp vs world	5.1%	Not published	Not published	+7.7 pp vs world	38.2	Not published	Not published
Nigeria	2010	9.7%	Not published	Not published	+5.3 pp vs world	6.7%	Not published	Not published	+3.6 pp vs world	45.2	Not published	Not published
Nigeria	2011	9.0%	Not published	Not published	+5.7 pp vs world	5.9%	Not published	Not published	+4.0 pp vs world	49.3	Not published	Not published
Nigeria	2012	8.3%	Not published	Not published	+5.6 pp vs world	5.4%	Not published	Not published	+3.9 pp vs world	53.9	Not published	Not published
Nigeria	2013	9.5%	Not published	Not published	+6.7 pp vs world	6.5%	Not published	Not published	+5.0 pp vs world	57.0	Not published	Not published
Nigeria	2014	10.4%	Not published	Not published	+7.4 pp vs world	7.6%	Not published	Not published	+5.7 pp vs world	59.7	Not published	Not published
Nigeria	2015	6.6%	Not published	Not published	+3.5 pp vs world	4.0%	Not published	Not published	+2.0 pp vs world	61.3	Not published	Not published
Nigeria	2016	2.2%	Not published	Not published	-0.5 pp vs world	-0.3%	Not published	Not published	-1.8 pp vs world	66.5	Not published	Not published
Nigeria	2017	4.7%	Not published	Not published	+1.3 pp vs world	2.2%	Not published	Not published	-0.0 pp vs world	73.9	Not published	Not published
Nigeria	2018	5.9%	Not published	Not published	+2.6 pp vs world	3.5%	Not published	Not published	+1.3 pp vs world	81.4	Not published	Not published
Nigeria	2019	6.2%	Not published	Not published	+3.6 pp vs world	3.9%	Not published	Not published	+2.3 pp vs world	89.9	Not published	Not published
Nigeria	2020	-6.4%	Not published	Not published	-3.4 pp vs world	-8.3%	Not published	Not published	-4.5 pp vs world	100.0	Not published	Not published
Nigeria	2021	1.1%	Not published	Not published	-5.3 pp vs world	-1.0%	Not published	Not published	-6.5 pp vs world	112.6	Not published	Not published
Nigeria	2022	4.3%	Not published	Not published	+1.0 pp vs world	2.2%	Not published	Not published	-0.3 pp vs world	121.7	Not published	Not published
Nigeria	2023	3.3%	Not published	Not published	+0.4 pp vs world	1.2%	Not published	Not published	-0.8 pp vs world	134.9	Not published	Not published
Nigeria	2024	4.1%	Not published	Not published	+1.2 pp vs world	1.9%	Not published	Not published	-0.0 pp vs world	153.9	Not published	Not published

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

The implicit GDP deflator covers domestically produced output and is not a consumer price index. Annual growth can be volatile.

Latest common comparison

Africa3.4%2024

Western Africa4.8%2024

World2.8%2024

05 · Consumption and domestic demand

How is output used for consumption and domestic demand?

Household and government consumption sit inside final consumption; domestic demand also includes capital formation.

Full historical record

Final Consumption

Household and government consumption sit inside final consumption; domestic demand also includes capital formation.

Nigeria is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

NigeriaWestern AfricaAfricaWorldCurrent prices · national currency · percent

Formation1970–1990

10.9% → 35.6%

Percentage-point change: +24.7 pp

Integration1990–2010

35.6% → 75.2%

Percentage-point change: +39.6 pp

Current era2010–2024

75.2% → 83.3%

Percentage-point change: +8.1 pp

Final consumption83.3%2024 · Published series · World rank unavailable

Household consumption76.7%2024 · Published series · World rank unavailable

Government consumption6.6%2024 · Published series · World rank unavailable

Domestic demand100.1%2024 · Derived measure · World rank unavailable

Consumption and domestic demand: annual rates, ranks and comparison indices55 annual rows

Annual non-duplicative measures used in the consumption and domestic demand section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 55 of 55 rows

Consumption and domestic demand: annual rates, ranks and comparison indices

Nigeria	1970	10.9%	Not published	Not published	-61.8 pp vs world	9.5%	Not published	Not published	-47.5 pp vs world	1.4%	Not published	Not published	-14.1 pp vs world	89.6%	Not published	Not published	-10.9 pp vs world
Nigeria	1971	11.2%	Not published	Not published	-61.9 pp vs world	9.8%	Not published	Not published	-47.2 pp vs world	1.4%	Not published	Not published	-14.5 pp vs world	89.8%	Not published	Not published	-10.7 pp vs world
Nigeria	1972	10.9%	Not published	Not published	-62.0 pp vs world	9.4%	Not published	Not published	-47.4 pp vs world	1.5%	Not published	Not published	-14.4 pp vs world	92.1%	Not published	Not published	-8.1 pp vs world
Nigeria	1973	10.5%	Not published	Not published	-61.1 pp vs world	9.2%	Not published	Not published	-46.7 pp vs world	1.4%	Not published	Not published	-14.2 pp vs world	86.8%	Not published	Not published	-13.5 pp vs world
Nigeria	1974	9.8%	Not published	Not published	-62.0 pp vs world	8.7%	Not published	Not published	-47.0 pp vs world	1.2%	Not published	Not published	-14.8 pp vs world	67.7%	Not published	Not published	-32.5 pp vs world
Nigeria	1975	10.5%	Not published	Not published	-63.1 pp vs world	9.1%	Not published	Not published	-47.5 pp vs world	1.5%	Not published	Not published	-15.4 pp vs world	86.5%	Not published	Not published	-14.0 pp vs world
Nigeria	1976	10.3%	Not published	Not published	-62.7 pp vs world	8.8%	Not published	Not published	-47.3 pp vs world	1.5%	Not published	Not published	-15.1 pp vs world	107.2%	Not published	Not published	+6.2 pp vs world
Nigeria	1977	10.3%	Not published	Not published	-62.6 pp vs world	8.5%	Not published	Not published	-47.6 pp vs world	1.8%	Not published	Not published	-14.8 pp vs world	109.6%	Not published	Not published	+8.4 pp vs world
Nigeria	1978	11.6%	Not published	Not published	-61.0 pp vs world	9.5%	Not published	Not published	-46.5 pp vs world	2.2%	Not published	Not published	-14.4 pp vs world	104.9%	Not published	Not published	+3.7 pp vs world
Nigeria	1979	10.7%	Not published	Not published	-61.9 pp vs world	8.8%	Not published	Not published	-47.3 pp vs world	2.0%	Not published	Not published	-14.5 pp vs world	89.8%	Not published	Not published	-11.1 pp vs world
Nigeria	1980	10.3%	Not published	Not published	-62.9 pp vs world	8.6%	Not published	Not published	-47.9 pp vs world	1.7%	Not published	Not published	-14.9 pp vs world	87.5%	Not published	Not published	-13.6 pp vs world
Nigeria	1981	11.5%	Not published	Not published	-61.9 pp vs world	9.8%	Not published	Not published	-46.8 pp vs world	1.8%	Not published	Not published	-15.0 pp vs world	100.9%	Not published	Not published	+0.0 pp vs world
Nigeria	1982	14.4%	Not published	Not published	-60.2 pp vs world	12.4%	Not published	Not published	-45.0 pp vs world	2.1%	Not published	Not published	-15.0 pp vs world	100.3%	Not published	Not published	-0.6 pp vs world
Nigeria	1983	23.1%	Not published	Not published	-51.9 pp vs world	21.1%	Not published	Not published	-36.7 pp vs world	2.1%	Not published	Not published	-15.0 pp vs world	98.9%	Not published	Not published	-2.0 pp vs world
Nigeria	1984	37.5%	Not published	Not published	-36.9 pp vs world	35.6%	Not published	Not published	-22.0 pp vs world	2.1%	Not published	Not published	-14.5 pp vs world	96.5%	Not published	Not published	-4.3 pp vs world
Nigeria	1985	49.5%	Not published	Not published	-25.4 pp vs world	47.9%	Not published	Not published	-10.3 pp vs world	1.9%	Not published	Not published	-14.7 pp vs world	95.9%	Not published	Not published	-4.7 pp vs world
Nigeria	1986	43.4%	Not published	Not published	-31.8 pp vs world	41.8%	Not published	Not published	-16.5 pp vs world	1.9%	Not published	Not published	-15.0 pp vs world	98.4%	Not published	Not published	-2.3 pp vs world
Nigeria	1987	43.5%	Not published	Not published	-31.5 pp vs world	42.2%	Not published	Not published	-15.9 pp vs world	1.6%	Not published	Not published	-15.3 pp vs world	93.5%	Not published	Not published	-7.0 pp vs world
Nigeria	1988	50.6%	Not published	Not published	-23.8 pp vs world	49.4%	Not published	Not published	-8.4 pp vs world	1.6%	Not published	Not published	-15.0 pp vs world	94.3%	Not published	Not published	-6.4 pp vs world
Nigeria	1989	31.0%	Not published	Not published	-43.1 pp vs world	29.9%	Not published	Not published	-27.8 pp vs world	1.3%	Not published	Not published	-15.0 pp vs world	83.5%	Not published	Not published	-16.8 pp vs world
Nigeria	1990	35.6%	Not published	Not published	-39.2 pp vs world	34.6%	Not published	Not published	-23.5 pp vs world	1.2%	Not published	Not published	-15.4 pp vs world	88.8%	Not published	Not published	-11.8 pp vs world
Nigeria	1991	40.1%	Not published	Not published	-35.0 pp vs world	38.9%	Not published	Not published	-19.2 pp vs world	1.2%	Not published	Not published	-15.6 pp vs world	88.5%	Not published	Not published	-11.8 pp vs world
Nigeria	1992	46.5%	Not published	Not published	-28.7 pp vs world	44.5%	Not published	Not published	-13.9 pp vs world	2.0%	Not published	Not published	-14.8 pp vs world	90.3%	Not published	Not published	-9.6 pp vs world
Nigeria	1993	49.1%	Not published	Not published	-26.4 pp vs world	46.9%	Not published	Not published	-11.8 pp vs world	2.1%	Not published	Not published	-14.5 pp vs world	93.6%	Not published	Not published	-6.1 pp vs world
Nigeria	1994	53.9%	Not published	Not published	-21.6 pp vs world	52.1%	Not published	Not published	-6.8 pp vs world	1.8%	Not published	Not published	-14.7 pp vs world	96.0%	Not published	Not published	-3.9 pp vs world
Nigeria	1995	54.0%	Not published	Not published	-20.9 pp vs world	52.8%	Not published	Not published	-5.7 pp vs world	1.2%	Not published	Not published	-15.2 pp vs world	91.2%	Not published	Not published	-8.2 pp vs world
Nigeria	1996	57.6%	Not published	Not published	-17.4 pp vs world	56.7%	Not published	Not published	-2.1 pp vs world	0.9%	Not published	Not published	-15.3 pp vs world	94.2%	Not published	Not published	-5.2 pp vs world
Nigeria	1997	55.7%	Not published	Not published	-19.4 pp vs world	54.8%	Not published	Not published	-4.3 pp vs world	0.9%	Not published	Not published	-15.1 pp vs world	94.2%	Not published	Not published	-5.3 pp vs world
Nigeria	1998	62.4%	Not published	Not published	-13.2 pp vs world	61.0%	Not published	Not published	+1.5 pp vs world	1.4%	Not published	Not published	-14.7 pp vs world	103.0%	Not published	Not published	+3.4 pp vs world
Nigeria	1999	53.4%	Not published	Not published	-22.4 pp vs world	52.1%	Not published	Not published	-7.7 pp vs world	1.4%	Not published	Not published	-14.7 pp vs world	91.8%	Not published	Not published	-8.0 pp vs world
Nigeria	2000	42.8%	Not published	Not published	-32.7 pp vs world	40.7%	Not published	Not published	-18.9 pp vs world	2.1%	Not published	Not published	-13.8 pp vs world	76.9%	Not published	Not published	-22.9 pp vs world
Nigeria	2001	62.3%	Not published	Not published	-14.2 pp vs world	60.3%	Not published	Not published	+0.1 pp vs world	2.0%	Not published	Not published	-14.3 pp vs world	93.2%	Not published	Not published	-6.8 pp vs world
Nigeria	2002	66.0%	Not published	Not published	-10.9 pp vs world	64.6%	Not published	Not published	+4.4 pp vs world	1.3%	Not published	Not published	-15.3 pp vs world	93.6%	Not published	Not published	-6.3 pp vs world
Nigeria	2003	66.4%	Not published	Not published	-10.3 pp vs world	65.5%	Not published	Not published	+5.7 pp vs world	1.0%	Not published	Not published	-15.9 pp vs world	95.8%	Not published	Not published	-4.1 pp vs world
Nigeria	2004	64.3%	Not published	Not published	-11.6 pp vs world	59.5%	Not published	Not published	+0.4 pp vs world	4.8%	Not published	Not published	-12.0 pp vs world	91.4%	Not published	Not published	-8.4 pp vs world
Nigeria	2005	64.8%	Not published	Not published	-10.6 pp vs world	60.3%	Not published	Not published	+1.5 pp vs world	4.5%	Not published	Not published	-12.1 pp vs world	91.0%	Not published	Not published	-8.6 pp vs world
Nigeria	2006	55.7%	Not published	Not published	-18.8 pp vs world	50.5%	Not published	Not published	-7.4 pp vs world	5.1%	Not published	Not published	-11.4 pp vs world	83.5%	Not published	Not published	-15.8 pp vs world
Nigeria	2007	75.6%	Not published	Not published	+1.7 pp vs world	66.2%	Not published	Not published	+8.7 pp vs world	9.4%	Not published	Not published	-7.0 pp vs world	96.9%	Not published	Not published	-2.4 pp vs world
Nigeria	2008	69.6%	Not published	Not published	-4.4 pp vs world	60.1%	Not published	Not published	+3.0 pp vs world	9.4%	Not published	Not published	-7.4 pp vs world	89.5%	Not published	Not published	-9.9 pp vs world
Nigeria	2009	76.7%	Not published	Not published	+0.7 pp vs world	68.1%	Not published	Not published	+10.0 pp vs world	8.6%	Not published	Not published	-9.3 pp vs world	98.8%	Not published	Not published	-0.6 pp vs world
Nigeria	2010	75.2%	Not published	Not published	+0.7 pp vs world	66.6%	Not published	Not published	+9.6 pp vs world	8.6%	Not published	Not published	-8.9 pp vs world	92.2%	Not published	Not published	-6.9 pp vs world
Nigeria	2011	74.9%	Not published	Not published	+1.1 pp vs world	66.4%	Not published	Not published	+9.9 pp vs world	8.5%	Not published	Not published	-8.8 pp vs world	90.6%	Not published	Not published	-8.5 pp vs world
Nigeria	2012	68.6%	Not published	Not published	-5.1 pp vs world	60.3%	Not published	Not published	+3.7 pp vs world	8.3%	Not published	Not published	-8.8 pp vs world	82.8%	Not published	Not published	-16.3 pp vs world
Nigeria	2013	81.9%	Not published	Not published	+8.3 pp vs world	74.7%	Not published	Not published	+18.1 pp vs world	7.2%	Not published	Not published	-9.7 pp vs world	95.6%	Not published	Not published	-3.4 pp vs world
Nigeria	2014	80.7%	Not published	Not published	+7.2 pp vs world	74.2%	Not published	Not published	+17.5 pp vs world	6.6%	Not published	Not published	-10.3 pp vs world	95.0%	Not published	Not published	-4.3 pp vs world
Nigeria	2015	86.8%	Not published	Not published	+13.1 pp vs world	80.0%	Not published	Not published	+22.9 pp vs world	6.8%	Not published	Not published	-9.8 pp vs world	100.3%	Not published	Not published	+0.8 pp vs world
Nigeria	2016	89.0%	Not published	Not published	+15.1 pp vs world	83.4%	Not published	Not published	+26.2 pp vs world	5.5%	Not published	Not published	-11.1 pp vs world	102.1%	Not published	Not published	+2.8 pp vs world
Nigeria	2017	87.3%	Not published	Not published	+14.0 pp vs world	82.8%	Not published	Not published	+25.9 pp vs world	4.5%	Not published	Not published	-11.9 pp vs world	100.3%	Not published	Not published	+1.0 pp vs world
Nigeria	2018	85.7%	Not published	Not published	+12.9 pp vs world	79.9%	Not published	Not published	+23.5 pp vs world	5.8%	Not published	Not published	-10.6 pp vs world	101.9%	Not published	Not published	+2.8 pp vs world
Nigeria	2019	84.2%	Not published	Not published	+11.2 pp vs world	78.1%	Not published	Not published	+21.7 pp vs world	6.2%	Not published	Not published	-10.4 pp vs world	104.6%	Not published	Not published	+5.2 pp vs world
Nigeria	2020	84.3%	Not published	Not published	+11.1 pp vs world	75.0%	Not published	Not published	+19.5 pp vs world	9.4%	Not published	Not published	-8.4 pp vs world	105.4%	Not published	Not published	+5.9 pp vs world
Nigeria	2021	83.5%	Not published	Not published	+11.6 pp vs world	77.1%	Not published	Not published	+22.2 pp vs world	6.3%	Not published	Not published	-10.6 pp vs world	102.7%	Not published	Not published	+3.7 pp vs world
Nigeria	2022	83.1%	Not published	Not published	+11.2 pp vs world	77.9%	Not published	Not published	+22.4 pp vs world	5.2%	Not published	Not published	-11.2 pp vs world	101.2%	Not published	Not published	+2.1 pp vs world
Nigeria	2023	83.5%	Not published	Not published	+10.5 pp vs world	78.1%	Not published	Not published	+21.6 pp vs world	5.5%	Not published	Not published	-11.1 pp vs world	101.1%	Not published	Not published	+1.8 pp vs world
Nigeria	2024	83.3%	Not published	Not published	+10.1 pp vs world	76.7%	Not published	Not published	+20.1 pp vs world	6.6%	Not published	Not published	-10.0 pp vs world	100.1%	Not published	Not published	+0.9 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Parent aggregates and their components should not be added together. Shares describe composition, not the quality of spending.

Latest common comparison

Africa80.9%2024

Western Africa81.5%2024

World73.2%2024

06 · Investment and capital formation

How much current output is directed toward capital formation?

Gross capital formation combines fixed investment and inventory change as shares of GDP.

Full historical record

Gross Capital Formation

Gross capital formation combines fixed investment and inventory change as shares of GDP.

Nigeria is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

NigeriaWestern AfricaAfricaWorldCurrent prices · national currency · percent

Formation1970–1990

78.7% → 53.2%

Percentage-point change: -25.5 pp

Integration1990–2010

53.2% → 17.0%

Percentage-point change: -36.2 pp

Current era2010–2024

17.0% → 16.8%

Percentage-point change: -0.2 pp

Gross capital formation16.8%2024 · Published series · World rank unavailable

Gross fixed capital formation16.2%2024 · Published series · World rank unavailable

Changes in inventories0.6%2024 · Published series · World rank unavailable

Investment and capital formation: annual rates, ranks and comparison indices55 annual rows

Annual non-duplicative measures used in the investment and capital formation section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 55 of 55 rows

Investment and capital formation: annual rates, ranks and comparison indices

Nigeria	1970	78.7%	Not published	Not published	+50.9 pp vs world	79.3%	Not published	Not published	+56.4 pp vs world	-0.6%	Not published	Not published	-5.4 pp vs world
Nigeria	1971	78.6%	Not published	Not published	+51.2 pp vs world	79.2%	Not published	Not published	+56.0 pp vs world	-0.6%	Not published	Not published	-4.8 pp vs world
Nigeria	1972	81.2%	Not published	Not published	+53.9 pp vs world	81.8%	Not published	Not published	+55.4 pp vs world	-0.6%	Not published	Not published	-1.5 pp vs world
Nigeria	1973	76.3%	Not published	Not published	+47.7 pp vs world	76.8%	Not published	Not published	+49.6 pp vs world	-0.6%	Not published	Not published	-1.9 pp vs world
Nigeria	1974	58.0%	Not published	Not published	+29.5 pp vs world	57.2%	Not published	Not published	+30.7 pp vs world	0.8%	Not published	Not published	-1.2 pp vs world
Nigeria	1975	75.9%	Not published	Not published	+49.1 pp vs world	73.0%	Not published	Not published	+46.6 pp vs world	3.0%	Not published	Not published	+2.5 pp vs world
Nigeria	1976	96.9%	Not published	Not published	+68.9 pp vs world	95.7%	Not published	Not published	+68.8 pp vs world	1.2%	Not published	Not published	+0.0 pp vs world
Nigeria	1977	99.4%	Not published	Not published	+71.0 pp vs world	99.1%	Not published	Not published	+71.9 pp vs world	0.3%	Not published	Not published	-0.8 pp vs world
Nigeria	1978	93.3%	Not published	Not published	+64.8 pp vs world	93.1%	Not published	Not published	+65.5 pp vs world	0.2%	Not published	Not published	-0.7 pp vs world
Nigeria	1979	79.1%	Not published	Not published	+50.8 pp vs world	78.9%	Not published	Not published	+51.7 pp vs world	0.2%	Not published	Not published	-0.8 pp vs world
Nigeria	1980	77.2%	Not published	Not published	+49.3 pp vs world	77.0%	Not published	Not published	+49.9 pp vs world	0.2%	Not published	Not published	-0.7 pp vs world
Nigeria	1981	89.4%	Not published	Not published	+61.9 pp vs world	89.4%	Not published	Not published	+62.6 pp vs world	-0.0%	Not published	Not published	-0.7 pp vs world
Nigeria	1982	85.9%	Not published	Not published	+59.6 pp vs world	85.9%	Not published	Not published	+59.8 pp vs world	-0.0%	Not published	Not published	-0.1 pp vs world
Nigeria	1983	75.8%	Not published	Not published	+49.9 pp vs world	75.8%	Not published	Not published	+50.1 pp vs world	-0.0%	Not published	Not published	-0.2 pp vs world
Nigeria	1984	58.9%	Not published	Not published	+32.5 pp vs world	59.0%	Not published	Not published	+33.7 pp vs world	-0.0%	Not published	Not published	-1.1 pp vs world
Nigeria	1985	46.4%	Not published	Not published	+20.7 pp vs world	46.4%	Not published	Not published	+21.5 pp vs world	-0.0%	Not published	Not published	-0.8 pp vs world
Nigeria	1986	55.0%	Not published	Not published	+29.5 pp vs world	54.9%	Not published	Not published	+30.1 pp vs world	0.0%	Not published	Not published	-0.5 pp vs world
Nigeria	1987	50.0%	Not published	Not published	+24.5 pp vs world	50.0%	Not published	Not published	+25.2 pp vs world	-0.1%	Not published	Not published	-0.6 pp vs world
Nigeria	1988	43.6%	Not published	Not published	+17.4 pp vs world	43.8%	Not published	Not published	+18.4 pp vs world	-0.1%	Not published	Not published	-1.0 pp vs world
Nigeria	1989	52.5%	Not published	Not published	+26.3 pp vs world	52.5%	Not published	Not published	+27.4 pp vs world	0.0%	Not published	Not published	-1.1 pp vs world
Nigeria	1990	53.2%	Not published	Not published	+27.4 pp vs world	53.1%	Not published	Not published	+28.1 pp vs world	0.1%	Not published	Not published	-0.7 pp vs world
Nigeria	1991	48.4%	Not published	Not published	+23.2 pp vs world	48.4%	Not published	Not published	+24.1 pp vs world	0.0%	Not published	Not published	-0.9 pp vs world
Nigeria	1992	43.8%	Not published	Not published	+19.1 pp vs world	43.8%	Not published	Not published	+19.9 pp vs world	0.0%	Not published	Not published	-0.8 pp vs world
Nigeria	1993	44.5%	Not published	Not published	+20.3 pp vs world	44.5%	Not published	Not published	+20.8 pp vs world	0.0%	Not published	Not published	-0.5 pp vs world
Nigeria	1994	42.1%	Not published	Not published	+17.7 pp vs world	42.1%	Not published	Not published	+18.5 pp vs world	0.0%	Not published	Not published	-0.8 pp vs world
Nigeria	1995	37.2%	Not published	Not published	+12.7 pp vs world	37.2%	Not published	Not published	+13.5 pp vs world	0.0%	Not published	Not published	-0.8 pp vs world
Nigeria	1996	36.6%	Not published	Not published	+12.2 pp vs world	36.6%	Not published	Not published	+12.8 pp vs world	0.0%	Not published	Not published	-0.6 pp vs world
Nigeria	1997	38.5%	Not published	Not published	+14.1 pp vs world	38.4%	Not published	Not published	+14.9 pp vs world	0.1%	Not published	Not published	-0.8 pp vs world
Nigeria	1998	40.6%	Not published	Not published	+16.6 pp vs world	40.6%	Not published	Not published	+17.2 pp vs world	0.1%	Not published	Not published	-0.6 pp vs world
Nigeria	1999	38.3%	Not published	Not published	+14.4 pp vs world	38.3%	Not published	Not published	+14.8 pp vs world	0.1%	Not published	Not published	-0.4 pp vs world
Nigeria	2000	34.1%	Not published	Not published	+9.8 pp vs world	34.0%	Not published	Not published	+10.4 pp vs world	0.1%	Not published	Not published	-0.6 pp vs world
Nigeria	2001	30.9%	Not published	Not published	+7.4 pp vs world	30.0%	Not published	Not published	+6.7 pp vs world	0.9%	Not published	Not published	+0.6 pp vs world
Nigeria	2002	27.6%	Not published	Not published	+4.6 pp vs world	26.8%	Not published	Not published	+4.1 pp vs world	0.8%	Not published	Not published	+0.5 pp vs world
Nigeria	2003	29.4%	Not published	Not published	+6.2 pp vs world	28.4%	Not published	Not published	+5.6 pp vs world	1.0%	Not published	Not published	+0.6 pp vs world
Nigeria	2004	27.1%	Not published	Not published	+3.2 pp vs world	26.1%	Not published	Not published	+2.9 pp vs world	1.1%	Not published	Not published	+0.3 pp vs world
Nigeria	2005	26.2%	Not published	Not published	+1.9 pp vs world	25.0%	Not published	Not published	+1.3 pp vs world	1.2%	Not published	Not published	+0.6 pp vs world
Nigeria	2006	27.9%	Not published	Not published	+3.0 pp vs world	26.2%	Not published	Not published	+2.1 pp vs world	1.7%	Not published	Not published	+0.9 pp vs world
Nigeria	2007	21.2%	Not published	Not published	-4.1 pp vs world	20.2%	Not published	Not published	-4.1 pp vs world	1.1%	Not published	Not published	+0.1 pp vs world
Nigeria	2008	19.9%	Not published	Not published	-5.5 pp vs world	18.9%	Not published	Not published	-5.5 pp vs world	1.0%	Not published	Not published	+0.0 pp vs world
Nigeria	2009	22.0%	Not published	Not published	-1.3 pp vs world	21.1%	Not published	Not published	-2.5 pp vs world	0.9%	Not published	Not published	+1.2 pp vs world
Nigeria	2010	17.0%	Not published	Not published	-7.5 pp vs world	16.3%	Not published	Not published	-7.2 pp vs world	0.7%	Not published	Not published	-0.3 pp vs world
Nigeria	2011	15.7%	Not published	Not published	-9.6 pp vs world	15.0%	Not published	Not published	-9.0 pp vs world	0.7%	Not published	Not published	-0.5 pp vs world
Nigeria	2012	14.2%	Not published	Not published	-11.2 pp vs world	13.5%	Not published	Not published	-11.0 pp vs world	0.7%	Not published	Not published	-0.2 pp vs world
Nigeria	2013	13.7%	Not published	Not published	-11.7 pp vs world	13.0%	Not published	Not published	-11.5 pp vs world	0.7%	Not published	Not published	-0.2 pp vs world
Nigeria	2014	14.2%	Not published	Not published	-11.5 pp vs world	13.6%	Not published	Not published	-11.2 pp vs world	0.7%	Not published	Not published	-0.2 pp vs world
Nigeria	2015	13.5%	Not published	Not published	-12.3 pp vs world	12.9%	Not published	Not published	-12.1 pp vs world	0.6%	Not published	Not published	-0.1 pp vs world
Nigeria	2016	13.1%	Not published	Not published	-12.3 pp vs world	12.5%	Not published	Not published	-12.4 pp vs world	0.6%	Not published	Not published	+0.1 pp vs world
Nigeria	2017	13.0%	Not published	Not published	-13.0 pp vs world	12.3%	Not published	Not published	-12.9 pp vs world	0.7%	Not published	Not published	-0.1 pp vs world
Nigeria	2018	16.2%	Not published	Not published	-10.1 pp vs world	15.6%	Not published	Not published	-10.1 pp vs world	0.7%	Not published	Not published	-0.0 pp vs world
Nigeria	2019	20.4%	Not published	Not published	-6.0 pp vs world	19.7%	Not published	Not published	-6.2 pp vs world	0.7%	Not published	Not published	+0.1 pp vs world
Nigeria	2020	21.1%	Not published	Not published	-5.2 pp vs world	20.4%	Not published	Not published	-5.6 pp vs world	0.7%	Not published	Not published	+0.4 pp vs world
Nigeria	2021	19.2%	Not published	Not published	-7.8 pp vs world	18.6%	Not published	Not published	-7.4 pp vs world	0.6%	Not published	Not published	-0.4 pp vs world
Nigeria	2022	18.1%	Not published	Not published	-9.1 pp vs world	17.5%	Not published	Not published	-8.5 pp vs world	0.6%	Not published	Not published	-0.7 pp vs world
Nigeria	2023	17.6%	Not published	Not published	-8.7 pp vs world	17.0%	Not published	Not published	-8.8 pp vs world	0.6%	Not published	Not published	+0.0 pp vs world
Nigeria	2024	16.8%	Not published	Not published	-9.2 pp vs world	16.2%	Not published	Not published	-9.2 pp vs world	0.6%	Not published	Not published	+0.0 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

A larger investment share is not automatically better; depreciation, utilization and project quality are outside this accounting measure.

Latest common comparison

Africa20.9%2024

Western Africa20.1%2024

World26.0%2024

07 · Trade structure and external balance

How exposed is the economy to trade, and what is the external balance?

Exports, imports, openness and net exports distinguish exposure from surplus or deficit.

Full historical record

Trade openness

Exports, imports, openness and net exports distinguish exposure from surplus or deficit.

Nigeria is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

NigeriaWestern AfricaAfricaWorldCurrent prices · percent

Formation1970–1990

10.2% → 30.9%

Percentage-point change: +20.7 pp

Integration1990–2010

30.9% → 42.0%

Percentage-point change: +11.1 pp

Current era2010–2024

42.0% → 45.7%

Percentage-point change: +3.7 pp

Exports22.8%2024 · Published series · World rank unavailable

Imports22.9%2024 · Published series · World rank unavailable

Net exports-0.1%2024 · Derived measure · World rank unavailable

Trade openness45.7%2024 · Derived measure · World rank unavailable

Trade structure and external balance: annual rates, ranks and comparison indices55 annual rows

Annual non-duplicative measures used in the trade structure and external balance section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 55 of 55 rows

Trade structure and external balance: annual rates, ranks and comparison indices

Nigeria	1970	5.8%	Not published	Not published	-5.4 pp vs world	4.4%	Not published	Not published	-6.9 pp vs world	1.5%	Not published	Not published	+1.4 pp vs world	10.2%	Not published	Not published	-12.3 pp vs world
Nigeria	1971	5.2%	Not published	Not published	-6.2 pp vs world	4.4%	Not published	Not published	-7.0 pp vs world	0.8%	Not published	Not published	+0.8 pp vs world	9.6%	Not published	Not published	-13.2 pp vs world
Nigeria	1972	5.4%	Not published	Not published	-6.4 pp vs world	4.1%	Not published	Not published	-7.5 pp vs world	1.2%	Not published	Not published	+1.1 pp vs world	9.5%	Not published	Not published	-13.9 pp vs world
Nigeria	1973	6.9%	Not published	Not published	-6.3 pp vs world	4.6%	Not published	Not published	-8.3 pp vs world	2.3%	Not published	Not published	+2.0 pp vs world	11.6%	Not published	Not published	-14.6 pp vs world
Nigeria	1974	10.6%	Not published	Not published	-5.4 pp vs world	4.8%	Not published	Not published	-11.3 pp vs world	5.9%	Not published	Not published	+5.9 pp vs world	15.4%	Not published	Not published	-16.8 pp vs world
Nigeria	1975	9.0%	Not published	Not published	-6.3 pp vs world	6.6%	Not published	Not published	-8.6 pp vs world	2.4%	Not published	Not published	+2.4 pp vs world	15.5%	Not published	Not published	-14.9 pp vs world
Nigeria	1976	8.2%	Not published	Not published	-7.6 pp vs world	7.3%	Not published	Not published	-8.6 pp vs world	0.9%	Not published	Not published	+1.0 pp vs world	15.4%	Not published	Not published	-16.1 pp vs world
Nigeria	1977	8.6%	Not published	Not published	-7.2 pp vs world	7.9%	Not published	Not published	-8.2 pp vs world	0.7%	Not published	Not published	+1.0 pp vs world	16.5%	Not published	Not published	-15.4 pp vs world
Nigeria	1978	7.2%	Not published	Not published	-8.3 pp vs world	8.7%	Not published	Not published	-7.1 pp vs world	-1.5%	Not published	Not published	-1.2 pp vs world	15.9%	Not published	Not published	-15.4 pp vs world
Nigeria	1979	8.6%	Not published	Not published	-8.3 pp vs world	6.8%	Not published	Not published	-10.3 pp vs world	1.8%	Not published	Not published	+2.0 pp vs world	15.4%	Not published	Not published	-18.6 pp vs world
Nigeria	1980	10.2%	Not published	Not published	-8.1 pp vs world	7.2%	Not published	Not published	-11.4 pp vs world	3.0%	Not published	Not published	+3.3 pp vs world	17.4%	Not published	Not published	-19.5 pp vs world
Nigeria	1981	8.6%	Not published	Not published	-9.4 pp vs world	9.6%	Not published	Not published	-8.8 pp vs world	-1.0%	Not published	Not published	-0.6 pp vs world	18.2%	Not published	Not published	-18.2 pp vs world
Nigeria	1982	6.7%	Not published	Not published	-10.3 pp vs world	7.1%	Not published	Not published	-10.3 pp vs world	-0.4%	Not published	Not published	+0.0 pp vs world	13.8%	Not published	Not published	-20.6 pp vs world
Nigeria	1983	5.5%	Not published	Not published	-10.9 pp vs world	4.5%	Not published	Not published	-12.2 pp vs world	1.0%	Not published	Not published	+1.3 pp vs world	10.0%	Not published	Not published	-23.2 pp vs world
Nigeria	1984	6.4%	Not published	Not published	-10.5 pp vs world	3.0%	Not published	Not published	-14.1 pp vs world	3.3%	Not published	Not published	+3.5 pp vs world	9.4%	Not published	Not published	-24.6 pp vs world
Nigeria	1985	7.1%	Not published	Not published	-9.4 pp vs world	3.3%	Not published	Not published	-13.4 pp vs world	3.8%	Not published	Not published	+4.0 pp vs world	10.4%	Not published	Not published	-22.8 pp vs world
Nigeria	1986	5.2%	Not published	Not published	-10.6 pp vs world	3.9%	Not published	Not published	-12.2 pp vs world	1.4%	Not published	Not published	+1.6 pp vs world	9.1%	Not published	Not published	-22.8 pp vs world
Nigeria	1987	12.8%	Not published	Not published	-3.7 pp vs world	6.6%	Not published	Not published	-10.0 pp vs world	6.2%	Not published	Not published	+6.3 pp vs world	19.5%	Not published	Not published	-13.6 pp vs world
Nigeria	1988	11.2%	Not published	Not published	-5.8 pp vs world	5.8%	Not published	Not published	-11.4 pp vs world	5.4%	Not published	Not published	+5.6 pp vs world	16.9%	Not published	Not published	-17.2 pp vs world
Nigeria	1989	25.3%	Not published	Not published	+7.8 pp vs world	8.9%	Not published	Not published	-8.8 pp vs world	16.3%	Not published	Not published	+16.6 pp vs world	34.2%	Not published	Not published	-1.0 pp vs world
Nigeria	1990	21.0%	Not published	Not published	+2.0 pp vs world	9.9%	Not published	Not published	-9.2 pp vs world	11.0%	Not published	Not published	+11.2 pp vs world	30.9%	Not published	Not published	-7.2 pp vs world
Nigeria	1991	24.2%	Not published	Not published	+5.6 pp vs world	12.8%	Not published	Not published	-5.9 pp vs world	11.5%	Not published	Not published	+11.5 pp vs world	37.0%	Not published	Not published	-0.2 pp vs world
Nigeria	1992	24.0%	Not published	Not published	+4.2 pp vs world	14.3%	Not published	Not published	-5.2 pp vs world	9.7%	Not published	Not published	+9.4 pp vs world	38.2%	Not published	Not published	-0.9 pp vs world
Nigeria	1993	20.1%	Not published	Not published	+1.3 pp vs world	13.7%	Not published	Not published	-4.7 pp vs world	6.4%	Not published	Not published	+6.0 pp vs world	33.7%	Not published	Not published	-3.4 pp vs world
Nigeria	1994	13.5%	Not published	Not published	-5.9 pp vs world	9.5%	Not published	Not published	-9.5 pp vs world	4.0%	Not published	Not published	+3.6 pp vs world	23.1%	Not published	Not published	-15.3 pp vs world
Nigeria	1995	24.2%	Not published	Not published	+3.5 pp vs world	15.4%	Not published	Not published	-4.8 pp vs world	8.8%	Not published	Not published	+8.3 pp vs world	39.5%	Not published	Not published	-1.2 pp vs world
Nigeria	1996	23.0%	Not published	Not published	+1.9 pp vs world	17.2%	Not published	Not published	-3.4 pp vs world	5.8%	Not published	Not published	+5.4 pp vs world	40.3%	Not published	Not published	-1.5 pp vs world
Nigeria	1997	28.6%	Not published	Not published	+6.6 pp vs world	22.8%	Not published	Not published	+1.3 pp vs world	5.8%	Not published	Not published	+5.3 pp vs world	51.5%	Not published	Not published	+8.0 pp vs world
Nigeria	1998	18.1%	Not published	Not published	-3.7 pp vs world	21.1%	Not published	Not published	-0.3 pp vs world	-3.0%	Not published	Not published	-3.3 pp vs world	39.3%	Not published	Not published	-4.0 pp vs world
Nigeria	1999	21.3%	Not published	Not published	-0.5 pp vs world	13.1%	Not published	Not published	-8.5 pp vs world	8.2%	Not published	Not published	+8.0 pp vs world	34.5%	Not published	Not published	-9.0 pp vs world
Nigeria	2000	36.0%	Not published	Not published	+12.5 pp vs world	13.0%	Not published	Not published	-10.4 pp vs world	23.1%	Not published	Not published	+22.9 pp vs world	49.0%	Not published	Not published	+2.0 pp vs world
Nigeria	2001	28.3%	Not published	Not published	+5.3 pp vs world	21.4%	Not published	Not published	-1.5 pp vs world	6.8%	Not published	Not published	+6.8 pp vs world	49.7%	Not published	Not published	+3.8 pp vs world
Nigeria	2002	23.2%	Not published	Not published	+0.0 pp vs world	16.8%	Not published	Not published	-6.2 pp vs world	6.4%	Not published	Not published	+6.3 pp vs world	40.0%	Not published	Not published	-6.2 pp vs world
Nigeria	2003	26.8%	Not published	Not published	+2.8 pp vs world	22.6%	Not published	Not published	-1.2 pp vs world	4.2%	Not published	Not published	+4.0 pp vs world	49.3%	Not published	Not published	+1.6 pp vs world
Nigeria	2004	20.3%	Not published	Not published	-5.5 pp vs world	11.6%	Not published	Not published	-13.8 pp vs world	8.6%	Not published	Not published	+8.3 pp vs world	31.9%	Not published	Not published	-19.3 pp vs world
Nigeria	2005	21.0%	Not published	Not published	-6.0 pp vs world	12.0%	Not published	Not published	-14.6 pp vs world	9.0%	Not published	Not published	+8.6 pp vs world	33.1%	Not published	Not published	-20.6 pp vs world
Nigeria	2006	29.5%	Not published	Not published	+0.8 pp vs world	13.1%	Not published	Not published	-15.0 pp vs world	16.5%	Not published	Not published	+15.8 pp vs world	42.6%	Not published	Not published	-14.2 pp vs world
Nigeria	2007	21.2%	Not published	Not published	-8.4 pp vs world	18.1%	Not published	Not published	-10.8 pp vs world	3.1%	Not published	Not published	+2.4 pp vs world	39.3%	Not published	Not published	-19.1 pp vs world
Nigeria	2008	25.7%	Not published	Not published	-5.3 pp vs world	15.1%	Not published	Not published	-15.1 pp vs world	10.5%	Not published	Not published	+9.8 pp vs world	40.8%	Not published	Not published	-20.4 pp vs world
Nigeria	2009	18.6%	Not published	Not published	-7.6 pp vs world	17.4%	Not published	Not published	-8.2 pp vs world	1.2%	Not published	Not published	+0.5 pp vs world	36.1%	Not published	Not published	-15.8 pp vs world
Nigeria	2010	24.9%	Not published	Not published	-3.7 pp vs world	17.1%	Not published	Not published	-10.5 pp vs world	7.8%	Not published	Not published	+6.8 pp vs world	42.0%	Not published	Not published	-14.2 pp vs world
Nigeria	2011	30.1%	Not published	Not published	-0.3 pp vs world	20.7%	Not published	Not published	-8.8 pp vs world	9.4%	Not published	Not published	+8.5 pp vs world	50.7%	Not published	Not published	-9.1 pp vs world
Nigeria	2012	29.4%	Not published	Not published	-0.8 pp vs world	12.2%	Not published	Not published	-17.0 pp vs world	17.2%	Not published	Not published	+16.2 pp vs world	41.6%	Not published	Not published	-17.7 pp vs world
Nigeria	2013	16.2%	Not published	Not published	-14.0 pp vs world	11.8%	Not published	Not published	-17.3 pp vs world	4.4%	Not published	Not published	+3.4 pp vs world	27.9%	Not published	Not published	-31.3 pp vs world
Nigeria	2014	16.0%	Not published	Not published	-13.7 pp vs world	11.0%	Not published	Not published	-18.0 pp vs world	5.0%	Not published	Not published	+4.2 pp vs world	27.0%	Not published	Not published	-31.7 pp vs world
Nigeria	2015	8.9%	Not published	Not published	-19.3 pp vs world	9.1%	Not published	Not published	-18.4 pp vs world	-0.3%	Not published	Not published	-0.9 pp vs world	18.0%	Not published	Not published	-37.6 pp vs world
Nigeria	2016	7.4%	Not published	Not published	-19.8 pp vs world	9.5%	Not published	Not published	-16.9 pp vs world	-2.1%	Not published	Not published	-2.9 pp vs world	16.9%	Not published	Not published	-36.6 pp vs world
Nigeria	2017	10.3%	Not published	Not published	-17.8 pp vs world	10.6%	Not published	Not published	-16.7 pp vs world	-0.3%	Not published	Not published	-1.0 pp vs world	20.9%	Not published	Not published	-34.5 pp vs world
Nigeria	2018	11.8%	Not published	Not published	-17.3 pp vs world	13.7%	Not published	Not published	-14.5 pp vs world	-1.9%	Not published	Not published	-2.8 pp vs world	25.5%	Not published	Not published	-31.9 pp vs world
Nigeria	2019	10.5%	Not published	Not published	-17.7 pp vs world	15.1%	Not published	Not published	-12.4 pp vs world	-4.6%	Not published	Not published	-5.3 pp vs world	25.6%	Not published	Not published	-30.1 pp vs world
Nigeria	2020	6.7%	Not published	Not published	-19.4 pp vs world	12.1%	Not published	Not published	-13.3 pp vs world	-5.4%	Not published	Not published	-6.1 pp vs world	18.7%	Not published	Not published	-32.8 pp vs world
Nigeria	2021	8.3%	Not published	Not published	-20.3 pp vs world	11.1%	Not published	Not published	-16.6 pp vs world	-2.7%	Not published	Not published	-3.7 pp vs world	19.4%	Not published	Not published	-36.9 pp vs world
Nigeria	2022	10.7%	Not published	Not published	-20.2 pp vs world	11.9%	Not published	Not published	-18.2 pp vs world	-1.2%	Not published	Not published	-2.0 pp vs world	22.6%	Not published	Not published	-38.4 pp vs world
Nigeria	2023	12.4%	Not published	Not published	-16.7 pp vs world	13.4%	Not published	Not published	-14.9 pp vs world	-1.1%	Not published	Not published	-1.8 pp vs world	25.8%	Not published	Not published	-31.6 pp vs world
Nigeria	2024	22.8%	Not published	Not published	-6.2 pp vs world	22.9%	Not published	Not published	-5.2 pp vs world	-0.1%	Not published	Not published	-1.0 pp vs world	45.7%	Not published	Not published	-11.4 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Trade openness is exports plus imports relative to GDP. Imports are positive in the source but subtracted in the expenditure identity.

Latest common comparison

Africa55.1%2024

Western Africa52.5%2024

World57.1%2024

08 · Industry mix and structural change

Which activities produce value, and how is the mix changing?

Six mutually exclusive activities show the production structure. Manufacturing remains nested inside its parent activity.

Full historical record

Structural change across six activities

Agriculture, forestry and fishing is the largest current activity at 26.5%. Each activity shows change separately for 1970–1990, 1990–2010, and 2010–current.

AMA activity values measure gross value added, not sales, revenue, shipments, gross output, or physical production.

Agriculture, forestry and fishing26.5%

1970–1990+2.2 pp1990–2010+2.1 pp2010–2024+2.6 pp

World specialization: 6.21×

Mining, manufacturing and utilities14.1%

1970–1990+10.6 pp1990–2010-10.0 pp2010–2024-8.3 pp

World specialization: 0.67×

Construction4.5%

1970–1990-6.2 pp1990–2010-0.4 pp2010–2024+1.6 pp

World specialization: 0.77×

Trade, restaurants and hotels19.4%

1970–1990+4.7 pp1990–2010+2.5 pp2010–2024+2.4 pp

World specialization: 1.34×

Transport, storage and communication10.4%

1970–1990-5.7 pp1990–2010+4.8 pp2010–2024-1.8 pp

World specialization: 1.06×

Other activities25.2%

1970–1990-5.6 pp1990–2010+1.0 pp2010–2024+3.5 pp

World specialization: 0.57×

Industry composition and economic scale

The 100% area view isolates changes in production mix. The current-dollar area view combines those shares with nominal GDP so the total height also shows the expansion or contraction of the economy.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates – 28 January 2026 data snapshot.

Agriculture, forestry and fishingMining, manufacturing and utilitiesConstructionTrade, restaurants and hotelsTransport, storage and communicationOther activitiesShare of total gross value added

Formation1970–1990

19.6% → 21.8%

Percentage-point change: +2.2 pp

Integration1990–2010

21.8% → 23.9%

Percentage-point change: +2.1 pp

Current era2010–2024

23.9% → 26.5%

Percentage-point change: +2.6 pp

How to read specialization

World specialization compares an activity's share of this country's gross value added with that activity's share of world gross value added. A result of 1.00× means the shares match; above 1.00× means the activity is relatively more prominent locally, while below 1.00× means it is relatively less prominent. It describes economic structure, not productivity or competitiveness.

Current specialization against world

Agriculture, forestry and fishing6.21×

Mining, manufacturing and utilities0.67×

Construction0.77×

Trade, restaurants and hotels1.34×

Transport, storage and communication1.06×

Other activities0.57×

Industry mix, specialization and world comparison table55 annual rows

Annual shares for the six mutually exclusive broad industries, with world comparisons and ranks wherever comparable data exist. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 55 of 55 rows

Industry mix, specialization and world comparison table

Nigeria	1970	19.6%	Not published	Not published	+10.1 pp vs world	21.9%	Not published	Not published	-9.0 pp vs world	9.5%	Not published	Not published	+3.0 pp vs world	9.7%	Not published	Not published	-4.3 pp vs world	13.0%	Not published	Not published	+5.2 pp vs world	26.3%	Not published	Not published	-5.2 pp vs world
Nigeria	1971	21.8%	Not published	Not published	+12.7 pp vs world	20.3%	Not published	Not published	-10.2 pp vs world	9.1%	Not published	Not published	+2.5 pp vs world	10.6%	Not published	Not published	-3.4 pp vs world	11.5%	Not published	Not published	+3.6 pp vs world	26.7%	Not published	Not published	-5.3 pp vs world
Nigeria	1972	19.6%	Not published	Not published	+10.9 pp vs world	21.2%	Not published	Not published	-9.4 pp vs world	10.0%	Not published	Not published	+3.2 pp vs world	9.6%	Not published	Not published	-4.5 pp vs world	12.8%	Not published	Not published	+5.0 pp vs world	26.8%	Not published	Not published	-5.3 pp vs world
Nigeria	1973	17.4%	Not published	Not published	+8.2 pp vs world	24.1%	Not published	Not published	-6.7 pp vs world	9.4%	Not published	Not published	+2.6 pp vs world	9.1%	Not published	Not published	-4.9 pp vs world	14.7%	Not published	Not published	+7.0 pp vs world	25.4%	Not published	Not published	-6.3 pp vs world
Nigeria	1974	16.8%	Not published	Not published	+8.2 pp vs world	28.8%	Not published	Not published	-2.9 pp vs world	7.7%	Not published	Not published	+1.0 pp vs world	8.5%	Not published	Not published	-5.6 pp vs world	12.4%	Not published	Not published	+4.7 pp vs world	25.8%	Not published	Not published	-5.6 pp vs world
Nigeria	1975	15.1%	Not published	Not published	+6.8 pp vs world	29.1%	Not published	Not published	-1.6 pp vs world	7.5%	Not published	Not published	+0.7 pp vs world	8.9%	Not published	Not published	-5.3 pp vs world	11.6%	Not published	Not published	+4.0 pp vs world	27.8%	Not published	Not published	-4.7 pp vs world
Nigeria	1976	13.9%	Not published	Not published	+5.9 pp vs world	30.3%	Not published	Not published	-0.6 pp vs world	8.5%	Not published	Not published	+1.7 pp vs world	9.2%	Not published	Not published	-5.0 pp vs world	11.9%	Not published	Not published	+4.1 pp vs world	26.2%	Not published	Not published	-6.3 pp vs world
Nigeria	1977	14.0%	Not published	Not published	+6.2 pp vs world	29.6%	Not published	Not published	-1.2 pp vs world	8.8%	Not published	Not published	+2.0 pp vs world	9.8%	Not published	Not published	-4.5 pp vs world	12.5%	Not published	Not published	+4.6 pp vs world	25.4%	Not published	Not published	-7.3 pp vs world
Nigeria	1978	14.3%	Not published	Not published	+6.7 pp vs world	30.1%	Not published	Not published	-0.4 pp vs world	8.4%	Not published	Not published	+1.6 pp vs world	9.6%	Not published	Not published	-4.7 pp vs world	13.3%	Not published	Not published	+5.4 pp vs world	24.3%	Not published	Not published	-8.7 pp vs world
Nigeria	1979	14.2%	Not published	Not published	+6.9 pp vs world	32.0%	Not published	Not published	+1.1 pp vs world	7.7%	Not published	Not published	+0.9 pp vs world	10.1%	Not published	Not published	-4.2 pp vs world	14.0%	Not published	Not published	+6.2 pp vs world	22.0%	Not published	Not published	-11.1 pp vs world
Nigeria	1980	13.7%	Not published	Not published	+6.9 pp vs world	33.8%	Not published	Not published	+2.7 pp vs world	7.5%	Not published	Not published	+0.9 pp vs world	9.9%	Not published	Not published	-4.3 pp vs world	14.8%	Not published	Not published	+7.0 pp vs world	20.2%	Not published	Not published	-13.5 pp vs world
Nigeria	1981	12.4%	Not published	Not published	+5.6 pp vs world	32.2%	Not published	Not published	+1.6 pp vs world	7.4%	Not published	Not published	+1.0 pp vs world	9.7%	Not published	Not published	-4.7 pp vs world	16.0%	Not published	Not published	+8.1 pp vs world	22.3%	Not published	Not published	-11.8 pp vs world
Nigeria	1982	13.6%	Not published	Not published	+6.8 pp vs world	28.9%	Not published	Not published	-0.9 pp vs world	6.2%	Not published	Not published	+0.0 pp vs world	9.3%	Not published	Not published	-5.0 pp vs world	15.7%	Not published	Not published	+7.9 pp vs world	26.2%	Not published	Not published	-9.0 pp vs world
Nigeria	1983	15.1%	Not published	Not published	+8.2 pp vs world	29.2%	Not published	Not published	-0.2 pp vs world	5.3%	Not published	Not published	-0.7 pp vs world	10.8%	Not published	Not published	-3.6 pp vs world	14.6%	Not published	Not published	+6.6 pp vs world	25.0%	Not published	Not published	-10.8 pp vs world
Nigeria	1984	18.5%	Not published	Not published	+11.6 pp vs world	26.4%	Not published	Not published	-2.8 pp vs world	4.3%	Not published	Not published	-1.5 pp vs world	10.8%	Not published	Not published	-3.8 pp vs world	14.4%	Not published	Not published	+6.3 pp vs world	25.7%	Not published	Not published	-10.2 pp vs world
Nigeria	1985	18.4%	Not published	Not published	+12.0 pp vs world	30.8%	Not published	Not published	+2.0 pp vs world	3.0%	Not published	Not published	-2.7 pp vs world	10.1%	Not published	Not published	-4.6 pp vs world	13.5%	Not published	Not published	+5.5 pp vs world	24.2%	Not published	Not published	-12.5 pp vs world
Nigeria	1986	18.2%	Not published	Not published	+12.3 pp vs world	29.5%	Not published	Not published	+1.9 pp vs world	3.6%	Not published	Not published	-2.4 pp vs world	9.9%	Not published	Not published	-4.8 pp vs world	13.4%	Not published	Not published	+5.3 pp vs world	25.3%	Not published	Not published	-12.5 pp vs world
Nigeria	1987	20.8%	Not published	Not published	+15.3 pp vs world	29.9%	Not published	Not published	+2.5 pp vs world	3.3%	Not published	Not published	-2.7 pp vs world	12.3%	Not published	Not published	-2.3 pp vs world	11.4%	Not published	Not published	+3.3 pp vs world	22.3%	Not published	Not published	-16.2 pp vs world
Nigeria	1988	23.6%	Not published	Not published	+18.2 pp vs world	30.0%	Not published	Not published	+2.8 pp vs world	2.9%	Not published	Not published	-3.3 pp vs world	13.2%	Not published	Not published	-1.4 pp vs world	9.5%	Not published	Not published	+1.4 pp vs world	20.8%	Not published	Not published	-17.8 pp vs world
Nigeria	1989	21.5%	Not published	Not published	+16.1 pp vs world	32.3%	Not published	Not published	+5.5 pp vs world	3.5%	Not published	Not published	-2.8 pp vs world	15.5%	Not published	Not published	+1.0 pp vs world	7.6%	Not published	Not published	-0.4 pp vs world	19.6%	Not published	Not published	-19.5 pp vs world
Nigeria	1990	21.8%	Not published	Not published	+16.6 pp vs world	32.5%	Not published	Not published	+5.9 pp vs world	3.3%	Not published	Not published	-3.0 pp vs world	14.4%	Not published	Not published	-0.1 pp vs world	7.4%	Not published	Not published	-0.8 pp vs world	20.7%	Not published	Not published	-18.9 pp vs world
Nigeria	1991	21.1%	Not published	Not published	+16.3 pp vs world	34.2%	Not published	Not published	+8.2 pp vs world	3.1%	Not published	Not published	-3.0 pp vs world	14.1%	Not published	Not published	-0.8 pp vs world	7.4%	Not published	Not published	-0.9 pp vs world	20.1%	Not published	Not published	-20.0 pp vs world
Nigeria	1992	20.5%	Not published	Not published	+16.2 pp vs world	35.6%	Not published	Not published	+10.3 pp vs world	2.5%	Not published	Not published	-3.4 pp vs world	13.6%	Not published	Not published	-1.7 pp vs world	5.8%	Not published	Not published	-2.5 pp vs world	22.0%	Not published	Not published	-19.1 pp vs world
Nigeria	1993	23.7%	Not published	Not published	+19.6 pp vs world	31.1%	Not published	Not published	+6.4 pp vs world	2.4%	Not published	Not published	-3.6 pp vs world	15.9%	Not published	Not published	+0.8 pp vs world	5.6%	Not published	Not published	-2.7 pp vs world	21.3%	Not published	Not published	-20.5 pp vs world
Nigeria	1994	25.4%	Not published	Not published	+21.4 pp vs world	29.5%	Not published	Not published	+5.0 pp vs world	2.2%	Not published	Not published	-3.8 pp vs world	17.7%	Not published	Not published	+2.5 pp vs world	5.4%	Not published	Not published	-3.0 pp vs world	19.8%	Not published	Not published	-21.3 pp vs world
Nigeria	1995	25.7%	Not published	Not published	+21.8 pp vs world	35.2%	Not published	Not published	+10.7 pp vs world	1.7%	Not published	Not published	-4.1 pp vs world	17.5%	Not published	Not published	+2.3 pp vs world	4.1%	Not published	Not published	-4.4 pp vs world	15.8%	Not published	Not published	-26.3 pp vs world
Nigeria	1996	26.5%	Not published	Not published	+22.4 pp vs world	36.4%	Not published	Not published	+12.1 pp vs world	1.5%	Not published	Not published	-4.3 pp vs world	17.3%	Not published	Not published	+2.3 pp vs world	3.9%	Not published	Not published	-4.6 pp vs world	14.6%	Not published	Not published	-27.8 pp vs world
Nigeria	1997	27.7%	Not published	Not published	+23.7 pp vs world	34.0%	Not published	Not published	+10.0 pp vs world	1.6%	Not published	Not published	-3.9 pp vs world	17.6%	Not published	Not published	+2.5 pp vs world	4.2%	Not published	Not published	-4.5 pp vs world	14.9%	Not published	Not published	-27.8 pp vs world
Nigeria	1998	28.2%	Not published	Not published	+24.4 pp vs world	27.1%	Not published	Not published	+3.9 pp vs world	1.9%	Not published	Not published	-3.5 pp vs world	18.3%	Not published	Not published	+3.2 pp vs world	4.8%	Not published	Not published	-4.2 pp vs world	19.7%	Not published	Not published	-23.7 pp vs world
Nigeria	1999	26.3%	Not published	Not published	+22.7 pp vs world	27.8%	Not published	Not published	+4.7 pp vs world	1.9%	Not published	Not published	-3.6 pp vs world	17.5%	Not published	Not published	+2.4 pp vs world	5.1%	Not published	Not published	-4.1 pp vs world	21.4%	Not published	Not published	-22.2 pp vs world
Nigeria	2000	21.6%	Not published	Not published	+18.1 pp vs world	32.6%	Not published	Not published	+9.0 pp vs world	1.6%	Not published	Not published	-3.7 pp vs world	14.8%	Not published	Not published	-0.2 pp vs world	4.5%	Not published	Not published	-4.5 pp vs world	24.9%	Not published	Not published	-18.7 pp vs world
Nigeria	2001	24.7%	Not published	Not published	+21.3 pp vs world	26.7%	Not published	Not published	+4.2 pp vs world	1.8%	Not published	Not published	-3.5 pp vs world	15.5%	Not published	Not published	+0.5 pp vs world	5.3%	Not published	Not published	-4.0 pp vs world	26.0%	Not published	Not published	-18.5 pp vs world
Nigeria	2002	37.3%	Not published	Not published	+33.9 pp vs world	21.7%	Not published	Not published	-0.4 pp vs world	1.6%	Not published	Not published	-3.7 pp vs world	13.3%	Not published	Not published	-1.6 pp vs world	4.7%	Not published	Not published	-4.6 pp vs world	21.3%	Not published	Not published	-23.7 pp vs world
Nigeria	2003	34.2%	Not published	Not published	+30.8 pp vs world	24.7%	Not published	Not published	+2.5 pp vs world	1.6%	Not published	Not published	-3.7 pp vs world	13.5%	Not published	Not published	-1.3 pp vs world	5.0%	Not published	Not published	-4.3 pp vs world	21.1%	Not published	Not published	-24.0 pp vs world
Nigeria	2004	27.5%	Not published	Not published	+24.0 pp vs world	25.3%	Not published	Not published	+2.7 pp vs world	3.4%	Not published	Not published	-2.0 pp vs world	16.4%	Not published	Not published	+1.8 pp vs world	5.4%	Not published	Not published	-4.1 pp vs world	21.9%	Not published	Not published	-22.4 pp vs world
Nigeria	2005	26.4%	Not published	Not published	+23.0 pp vs world	25.0%	Not published	Not published	+1.9 pp vs world	3.5%	Not published	Not published	-2.0 pp vs world	16.2%	Not published	Not published	+1.7 pp vs world	5.4%	Not published	Not published	-3.9 pp vs world	23.5%	Not published	Not published	-20.7 pp vs world
Nigeria	2006	25.0%	Not published	Not published	+21.7 pp vs world	22.9%	Not published	Not published	-0.6 pp vs world	3.1%	Not published	Not published	-2.6 pp vs world	18.1%	Not published	Not published	+3.7 pp vs world	8.2%	Not published	Not published	-1.1 pp vs world	22.7%	Not published	Not published	-21.1 pp vs world
Nigeria	2007	24.9%	Not published	Not published	+21.4 pp vs world	21.7%	Not published	Not published	-1.9 pp vs world	2.9%	Not published	Not published	-2.9 pp vs world	17.6%	Not published	Not published	+3.4 pp vs world	9.6%	Not published	Not published	+0.3 pp vs world	23.2%	Not published	Not published	-20.4 pp vs world
Nigeria	2008	25.5%	Not published	Not published	+21.8 pp vs world	22.1%	Not published	Not published	-2.0 pp vs world	2.9%	Not published	Not published	-2.8 pp vs world	17.6%	Not published	Not published	+3.4 pp vs world	8.7%	Not published	Not published	-0.6 pp vs world	23.2%	Not published	Not published	-19.9 pp vs world
Nigeria	2009	27.0%	Not published	Not published	+23.2 pp vs world	18.5%	Not published	Not published	-3.8 pp vs world	3.0%	Not published	Not published	-2.6 pp vs world	18.9%	Not published	Not published	+4.8 pp vs world	8.3%	Not published	Not published	-0.9 pp vs world	24.3%	Not published	Not published	-20.7 pp vs world
Nigeria	2010	23.9%	Not published	Not published	+19.9 pp vs world	22.4%	Not published	Not published	-1.2 pp vs world	2.9%	Not published	Not published	-2.5 pp vs world	16.9%	Not published	Not published	+2.9 pp vs world	12.2%	Not published	Not published	+3.1 pp vs world	21.7%	Not published	Not published	-22.1 pp vs world
Nigeria	2011	22.7%	Not published	Not published	+18.5 pp vs world	24.4%	Not published	Not published	+0.2 pp vs world	3.0%	Not published	Not published	-2.4 pp vs world	17.1%	Not published	Not published	+3.1 pp vs world	11.2%	Not published	Not published	+2.3 pp vs world	21.6%	Not published	Not published	-21.6 pp vs world
Nigeria	2012	22.9%	Not published	Not published	+18.6 pp vs world	22.6%	Not published	Not published	-1.5 pp vs world	2.9%	Not published	Not published	-2.5 pp vs world	17.5%	Not published	Not published	+3.3 pp vs world	11.1%	Not published	Not published	+2.2 pp vs world	23.0%	Not published	Not published	-20.2 pp vs world
Nigeria	2013	22.2%	Not published	Not published	+17.7 pp vs world	20.4%	Not published	Not published	-3.3 pp vs world	3.1%	Not published	Not published	-2.4 pp vs world	18.6%	Not published	Not published	+4.5 pp vs world	11.2%	Not published	Not published	+2.3 pp vs world	24.5%	Not published	Not published	-18.8 pp vs world
Nigeria	2014	21.7%	Not published	Not published	+17.3 pp vs world	18.6%	Not published	Not published	-4.7 pp vs world	3.3%	Not published	Not published	-2.3 pp vs world	19.4%	Not published	Not published	+5.3 pp vs world	11.3%	Not published	Not published	+2.3 pp vs world	25.7%	Not published	Not published	-17.9 pp vs world
Nigeria	2015	22.5%	Not published	Not published	+18.0 pp vs world	14.0%	Not published	Not published	-8.3 pp vs world	3.3%	Not published	Not published	-2.3 pp vs world	21.1%	Not published	Not published	+6.8 pp vs world	11.7%	Not published	Not published	+2.6 pp vs world	27.4%	Not published	Not published	-16.9 pp vs world
Nigeria	2016	23.1%	Not published	Not published	+18.7 pp vs world	12.0%	Not published	Not published	-9.7 pp vs world	3.1%	Not published	Not published	-2.5 pp vs world	22.4%	Not published	Not published	+8.1 pp vs world	11.4%	Not published	Not published	+2.2 pp vs world	28.0%	Not published	Not published	-16.8 pp vs world
Nigeria	2017	23.5%	Not published	Not published	+19.2 pp vs world	14.6%	Not published	Not published	-7.4 pp vs world	3.2%	Not published	Not published	-2.5 pp vs world	21.3%	Not published	Not published	+6.9 pp vs world	10.5%	Not published	Not published	+1.2 pp vs world	26.9%	Not published	Not published	-17.4 pp vs world
Nigeria	2018	24.5%	Not published	Not published	+20.4 pp vs world	16.1%	Not published	Not published	-6.3 pp vs world	4.0%	Not published	Not published	-1.8 pp vs world	19.8%	Not published	Not published	+5.6 pp vs world	10.5%	Not published	Not published	+1.2 pp vs world	25.1%	Not published	Not published	-19.1 pp vs world
Nigeria	2019	25.8%	Not published	Not published	+21.6 pp vs world	15.9%	Not published	Not published	-5.8 pp vs world	5.2%	Not published	Not published	-0.6 pp vs world	18.4%	Not published	Not published	+4.1 pp vs world	11.0%	Not published	Not published	+1.6 pp vs world	23.7%	Not published	Not published	-20.9 pp vs world
Nigeria	2020	28.6%	Not published	Not published	+24.1 pp vs world	13.9%	Not published	Not published	-7.1 pp vs world	4.6%	Not published	Not published	-1.2 pp vs world	18.0%	Not published	Not published	+4.3 pp vs world	11.3%	Not published	Not published	+2.0 pp vs world	23.6%	Not published	Not published	-22.0 pp vs world
Nigeria	2021	29.7%	Not published	Not published	+25.2 pp vs world	14.2%	Not published	Not published	-8.1 pp vs world	4.3%	Not published	Not published	-1.5 pp vs world	17.3%	Not published	Not published	+3.3 pp vs world	10.9%	Not published	Not published	+1.5 pp vs world	23.7%	Not published	Not published	-20.4 pp vs world
Nigeria	2022	28.9%	Not published	Not published	+24.3 pp vs world	14.8%	Not published	Not published	-8.0 pp vs world	4.6%	Not published	Not published	-1.1 pp vs world	17.8%	Not published	Not published	+3.6 pp vs world	10.8%	Not published	Not published	+1.2 pp vs world	23.1%	Not published	Not published	-20.1 pp vs world
Nigeria	2023	28.1%	Not published	Not published	+23.8 pp vs world	15.0%	Not published	Not published	-6.8 pp vs world	4.5%	Not published	Not published	-1.4 pp vs world	18.6%	Not published	Not published	+4.1 pp vs world	10.7%	Not published	Not published	+1.0 pp vs world	23.2%	Not published	Not published	-20.8 pp vs world
Nigeria	2024	26.5%	Not published	Not published	+22.2 pp vs world	14.1%	Not published	Not published	-7.0 pp vs world	4.5%	Not published	Not published	-1.3 pp vs world	19.4%	Not published	Not published	+4.9 pp vs world	10.4%	Not published	Not published	+0.6 pp vs world	25.2%	Not published	Not published	-19.3 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

09 · Manufacturing position

What role does manufacturing play at home and in the world?

Domestic share, its place inside the parent industry, real growth, specialization and world contribution are kept together.

Full historical record

Manufacturing in the economic structure

Manufacturing accounts for 8.9% of total gross value added in 2024. In 2024, Nigeria was 6.8 percentage points below the world value.

Latest share: 8.9%
World specialization: 0.57×
Latest year: 2024

Formation1970–1990

15.5% → 18.0%

Percentage-point change: +2.5 pp

Integration1990–2010

18.0% → 6.6%

Percentage-point change: -11.4 pp

Current era2010–2024

6.6% → 8.9%

Percentage-point change: +2.3 pp

Share of total GVA8.9%2024 · Derived measure · World rank unavailable

Share within parent activity62.6%2024 · Derived measure · World rank unavailable

Real manufacturing growth1.2%2024 · Published series · World rank 124 of 210 · highest-to-lowest

Share of world manufacturing0.1%2024 · Derived measure · World rank 59 of 210 · highest-to-lowest

Manufacturing annual rates, ranks and specialization table55 annual rows

Manufacturing's annual structural, growth and world-position measures. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 55 of 55 rows

Manufacturing annual rates, ranks and specialization table

Nigeria	1970	15.5%	Not published	Not published	-10.5 pp vs world	70.8%	Not published	Not published	-13.3 pp vs world	Not published	Not published	Not published	Not published	0.5%	Not published	Not published	-99.5 pp vs world
Nigeria	1971	14.6%	Not published	Not published	-10.9 pp vs world	72.1%	Not published	Not published	-11.6 pp vs world	2.0%	Not published	Not published	-1.1 pp vs world	0.5%	Not published	Not published	-99.5 pp vs world
Nigeria	1972	15.1%	Not published	Not published	-10.4 pp vs world	71.4%	Not published	Not published	-12.3 pp vs world	16.3%	Not published	Not published	+10.0 pp vs world	0.6%	Not published	Not published	-99.4 pp vs world
Nigeria	1973	16.7%	Not published	Not published	-9.0 pp vs world	69.1%	Not published	Not published	-13.9 pp vs world	24.4%	Not published	Not published	+15.4 pp vs world	0.6%	Not published	Not published	-99.4 pp vs world
Nigeria	1974	15.7%	Not published	Not published	-9.4 pp vs world	54.7%	Not published	Not published	-24.5 pp vs world	2.6%	Not published	Not published	+1.3 pp vs world	0.7%	Not published	Not published	-99.3 pp vs world
Nigeria	1975	19.4%	Not published	Not published	-4.8 pp vs world	66.8%	Not published	Not published	-12.3 pp vs world	16.7%	Not published	Not published	+19.6 pp vs world	1.2%	Not published	Not published	-98.8 pp vs world
Nigeria	1976	20.7%	Not published	Not published	-3.6 pp vs world	68.4%	Not published	Not published	-10.4 pp vs world	23.4%	Not published	Not published	+16.2 pp vs world	1.4%	Not published	Not published	-98.6 pp vs world
Nigeria	1977	19.5%	Not published	Not published	-4.6 pp vs world	66.0%	Not published	Not published	-12.4 pp vs world	9.9%	Not published	Not published	+6.0 pp vs world	1.4%	Not published	Not published	-98.6 pp vs world
Nigeria	1978	20.0%	Not published	Not published	-4.1 pp vs world	66.4%	Not published	Not published	-12.6 pp vs world	12.4%	Not published	Not published	+8.9 pp vs world	1.3%	Not published	Not published	-98.7 pp vs world
Nigeria	1979	20.2%	Not published	Not published	-3.6 pp vs world	63.3%	Not published	Not published	-13.9 pp vs world	8.9%	Not published	Not published	+4.8 pp vs world	1.4%	Not published	Not published	-98.6 pp vs world
Nigeria	1980	20.3%	Not published	Not published	-2.6 pp vs world	60.0%	Not published	Not published	-13.7 pp vs world	15.2%	Not published	Not published	+14.9 pp vs world	1.7%	Not published	Not published	-98.3 pp vs world
Nigeria	1981	20.5%	Not published	Not published	-2.0 pp vs world	63.5%	Not published	Not published	-9.9 pp vs world	11.3%	Not published	Not published	+10.0 pp vs world	1.7%	Not published	Not published	-98.3 pp vs world
Nigeria	1982	20.5%	Not published	Not published	-1.6 pp vs world	71.0%	Not published	Not published	-3.1 pp vs world	-14.6%	Not published	Not published	-13.0 pp vs world	1.7%	Not published	Not published	-98.3 pp vs world
Nigeria	1983	21.3%	Not published	Not published	-0.4 pp vs world	73.1%	Not published	Not published	-0.9 pp vs world	-29.0%	Not published	Not published	-30.9 pp vs world	1.7%	Not published	Not published	-98.3 pp vs world
Nigeria	1984	17.9%	Not published	Not published	-3.9 pp vs world	67.9%	Not published	Not published	-6.7 pp vs world	-7.2%	Not published	Not published	-12.6 pp vs world	1.4%	Not published	Not published	-98.6 pp vs world
Nigeria	1985	21.3%	Not published	Not published	-0.5 pp vs world	69.1%	Not published	Not published	-6.4 pp vs world	5.2%	Not published	Not published	+0.9 pp vs world	1.5%	Not published	Not published	-98.5 pp vs world
Nigeria	1986	21.2%	Not published	Not published	-0.7 pp vs world	71.8%	Not published	Not published	-7.4 pp vs world	-9.2%	Not published	Not published	-11.2 pp vs world	0.7%	Not published	Not published	-99.3 pp vs world
Nigeria	1987	19.0%	Not published	Not published	-2.8 pp vs world	63.4%	Not published	Not published	-15.9 pp vs world	17.3%	Not published	Not published	+12.8 pp vs world	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	1988	21.2%	Not published	Not published	-0.6 pp vs world	70.7%	Not published	Not published	-9.4 pp vs world	15.1%	Not published	Not published	+9.4 pp vs world	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	1989	18.5%	Not published	Not published	-2.9 pp vs world	57.4%	Not published	Not published	-22.4 pp vs world	-15.8%	Not published	Not published	-18.5 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1990	18.0%	Not published	Not published	-2.8 pp vs world	55.3%	Not published	Not published	-23.1 pp vs world	7.2%	Not published	Not published	+6.0 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1991	19.7%	Not published	Not published	-0.8 pp vs world	57.5%	Not published	Not published	-21.2 pp vs world	8.9%	Not published	Not published	+8.8 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1992	17.8%	Not published	Not published	-2.0 pp vs world	50.1%	Not published	Not published	-28.1 pp vs world	12.1%	Not published	Not published	+12.6 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1993	18.6%	Not published	Not published	-0.6 pp vs world	59.6%	Not published	Not published	-17.8 pp vs world	-17.5%	Not published	Not published	-16.8 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1994	21.1%	Not published	Not published	+2.0 pp vs world	71.8%	Not published	Not published	-6.5 pp vs world	-12.6%	Not published	Not published	-16.1 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1995	20.2%	Not published	Not published	+1.1 pp vs world	57.3%	Not published	Not published	-20.8 pp vs world	-13.9%	Not published	Not published	-18.8 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1996	19.3%	Not published	Not published	+0.7 pp vs world	53.1%	Not published	Not published	-23.4 pp vs world	3.2%	Not published	Not published	+0.6 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1997	19.4%	Not published	Not published	+1.1 pp vs world	57.0%	Not published	Not published	-19.0 pp vs world	2.0%	Not published	Not published	-2.5 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1998	17.6%	Not published	Not published	-0.1 pp vs world	65.1%	Not published	Not published	-11.7 pp vs world	-4.7%	Not published	Not published	-6.0 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	1999	16.4%	Not published	Not published	-1.1 pp vs world	59.1%	Not published	Not published	-16.8 pp vs world	2.3%	Not published	Not published	-1.0 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2000	14.1%	Not published	Not published	-3.3 pp vs world	43.2%	Not published	Not published	-30.7 pp vs world	0.2%	Not published	Not published	-6.2 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2001	14.1%	Not published	Not published	-2.3 pp vs world	52.6%	Not published	Not published	-20.0 pp vs world	2.3%	Not published	Not published	+3.1 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2002	11.9%	Not published	Not published	-4.0 pp vs world	54.9%	Not published	Not published	-17.2 pp vs world	17.7%	Not published	Not published	+16.7 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2003	12.2%	Not published	Not published	-3.7 pp vs world	49.4%	Not published	Not published	-22.1 pp vs world	-10.8%	Not published	Not published	-14.2 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2004	11.0%	Not published	Not published	-6.3 pp vs world	43.4%	Not published	Not published	-33.1 pp vs world	-1.1%	Not published	Not published	-20.6 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2005	10.2%	Not published	Not published	-6.9 pp vs world	40.6%	Not published	Not published	-33.3 pp vs world	2.3%	Not published	Not published	-2.0 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2006	8.9%	Not published	Not published	-8.1 pp vs world	39.0%	Not published	Not published	-33.5 pp vs world	0.8%	Not published	Not published	-5.8 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2007	8.5%	Not published	Not published	-8.6 pp vs world	39.1%	Not published	Not published	-33.4 pp vs world	0.1%	Not published	Not published	-5.9 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2008	8.3%	Not published	Not published	-8.6 pp vs world	37.3%	Not published	Not published	-32.6 pp vs world	3.0%	Not published	Not published	+1.8 pp vs world	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	2009	7.9%	Not published	Not published	-8.3 pp vs world	42.9%	Not published	Not published	-29.8 pp vs world	3.6%	Not published	Not published	+10.0 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2010	6.6%	Not published	Not published	-10.2 pp vs world	29.2%	Not published	Not published	-41.6 pp vs world	2.5%	Not published	Not published	-6.5 pp vs world	0.2%	Not published	Not published	-99.8 pp vs world
Nigeria	2011	7.0%	Not published	Not published	-9.8 pp vs world	28.7%	Not published	Not published	-40.6 pp vs world	21.9%	Not published	Not published	+17.6 pp vs world	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	2012	7.4%	Not published	Not published	-9.3 pp vs world	32.8%	Not published	Not published	-36.7 pp vs world	14.4%	Not published	Not published	+12.1 pp vs world	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	2013	8.3%	Not published	Not published	-8.3 pp vs world	40.8%	Not published	Not published	-29.1 pp vs world	22.6%	Not published	Not published	+19.5 pp vs world	0.4%	Not published	Not published	-99.6 pp vs world
Nigeria	2014	8.8%	Not published	Not published	-8.0 pp vs world	47.1%	Not published	Not published	-24.7 pp vs world	16.0%	Not published	Not published	+11.8 pp vs world	0.5%	Not published	Not published	-99.5 pp vs world
Nigeria	2015	8.2%	Not published	Not published	-8.8 pp vs world	58.8%	Not published	Not published	-17.4 pp vs world	-1.5%	Not published	Not published	-5.1 pp vs world	0.4%	Not published	Not published	-99.6 pp vs world
Nigeria	2016	7.3%	Not published	Not published	-9.4 pp vs world	61.2%	Not published	Not published	-16.1 pp vs world	-5.0%	Not published	Not published	-7.5 pp vs world	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	2017	7.2%	Not published	Not published	-9.5 pp vs world	49.5%	Not published	Not published	-26.6 pp vs world	1.7%	Not published	Not published	-1.6 pp vs world	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	2018	7.8%	Not published	Not published	-9.0 pp vs world	48.6%	Not published	Not published	-26.4 pp vs world	4.2%	Not published	Not published	+0.2 pp vs world	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	2019	9.1%	Not published	Not published	-7.3 pp vs world	57.4%	Not published	Not published	-18.1 pp vs world	2.2%	Not published	Not published	+0.8 pp vs world	0.4%	Not published	Not published	-99.6 pp vs world
Nigeria	2020	8.2%	Not published	Not published	-8.1 pp vs world	58.5%	Not published	Not published	-19.1 pp vs world	-19.9%	Not published	Not published	-17.5 pp vs world	0.4%	Not published	Not published	-99.6 pp vs world
Nigeria	2021	8.9%	Not published	Not published	-7.9 pp vs world	62.9%	Not published	Not published	-12.6 pp vs world	6.5%	Not published	Not published	-2.5 pp vs world	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	2022	9.2%	Not published	Not published	-7.1 pp vs world	62.3%	Not published	Not published	-9.6 pp vs world	6.6%	Not published	Not published	+4.5 pp vs world	0.4%	Not published	Not published	-99.6 pp vs world
Nigeria	2023	9.4%	Not published	Not published	-6.6 pp vs world	62.9%	Not published	Not published	-10.5 pp vs world	2.4%	Not published	Not published	+0.9 pp vs world	0.3%	Not published	Not published	-99.7 pp vs world
Nigeria	2024	8.9%	Not published	Not published	-6.8 pp vs world	62.6%	Not published	Not published	-11.5 pp vs world	1.2%	Not published	Not published	-1.8 pp vs world	0.1%	Not published	Not published	-99.9 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Manufacturing is part of mining, manufacturing and utilities; it is not a seventh broad-industry slice. Share and real growth describe different dimensions.

Current manufacturing specialization

Africa0.79×

Western Africa0.87×

World0.57×

Nigeria Economic Overview

Read the economy through three eras

What should a reader know first?

Real output, indexed to a shared starting year

Real GDP trajectory

How large is the economy, and where does it sit globally?

Nominal GDP

Nominal GDP and UN benchmarks

What does the record show per person?

GDP per person

GDP per person and UN benchmarks

How quickly has real activity changed, and how have output prices moved?

Real GDP growth

Real GDP growth and UN benchmarks

How is output used for consumption and domestic demand?

Final Consumption

Final consumption and UN benchmarks

How much current output is directed toward capital formation?

Gross Capital Formation

Gross capital formation and UN benchmarks

How exposed is the economy to trade, and what is the external balance?

Trade openness

Trade openness and UN benchmarks

Which activities produce value, and how is the mix changing?

Structural change across six activities

Industry composition and economic scale

Broad industry structure over time

What role does manufacturing play at home and in the world?

Manufacturing in the economic structure