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Nigeria — GDP growth
GDP Growth (Annual %) for Nigeria, 1961–2025.
Latest value · 2025
4.01%
GDP Growth (Annual %) · annual % · +1992.5% since 1961
GDP growth for Nigeria was 4.01% in 2025, according to the latest World Bank data. The series covers 65 years, from 1961 to 2025. The highest recorded value was 25.01% in 1970. The lowest was -15.74% in 1967 (about -3.9× the latest value). Across that span the compound annual growth rate works out to 4.87% per year.
Nigeria ranks 78 of 212 economies on this measure (1 = highest), putting it in the top 37%. The median for Sub-Saharan Africa is 4.61%, so Nigeria sits below it. It peaked in 1970 and has fallen 84% since. Over the last decade (2015–2025) the figure moved up 51%.
Key figures
Latest (2025)
4.01%
First (1961)
0.19%
Change
+1992.5%
Highest
25.01%
in 1970
Lowest
-15.74%
in 1967
Average
3.59%
Annual growth (CAGR)
4.87%
Years of data
65
Recent years
| Year | annual % |
|---|---|
| 2025 | 4.01% |
| 2024 | 4.07% |
| 2023 | 3.32% |
| 2022 | 4.32% |
| 2021 | 1.11% |
| 2020 | -6.37% |
| 2019 | 2.21% |
| 2018 | 1.92% |
| 2017 | 0.81% |
| 2016 | -1.62% |
| 2015 | 2.65% |
| 2014 | 6.31% |
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.