Source: National Statistics Office. Official re-based (2010) data for 2010-13 was published in July 2014, based on SNA 2008. Official backcasted data were published in July 2016 and 1990-2009 nominal and real GDP numbers were updated. However expenditure components of GDP are still IMF staff estimates and are subject to revision with official backcasted data.
Latest actual data: 2020
Notes: Official backcasted data were published in July 2016 and 1990-2009 nominal and real GDP numbers were updated. However expenditure components of GDP are still IMF staff estimates and are subject to revision with official backcasted data.
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Reporting in calendar year: Yes
Start/end months of reporting year: January/December
Base year: 2010
Chain-weighted: No
Primary domestic currency: Nigerian naira
Data last updated: 09/2022
70,800.544
73,382.772
75,708.614
77,976.457
2020
Nigeria
Gross domestic product, current prices
National currency
Billions
Source: National Statistics Office. Official re-based (2010) data for 2010-13 was published in July 2014, based on SNA 2008. Official backcasted data were published in July 2016 and 1990-2009 nominal and real GDP numbers were updated. However expenditure components of GDP are still IMF staff estimates and are subject to revision with official backcasted data.
Latest actual data: 2020
Notes: Official backcasted data were published in July 2016 and 1990-2009 nominal and real GDP numbers were updated. However expenditure components of GDP are still IMF staff estimates and are subject to revision with official backcasted data.
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Reporting in calendar year: Yes
Start/end months of reporting year: January/December
Base year: 2010
Chain-weighted: No
Primary domestic currency: Nigerian naira
Data last updated: 09/2022
154,252.320
176,075.502
207,020.888
235,790.131
2020
International Monetary Fund, World Economic Outlook Database October 2022