West Africa country profile
Nigeria economy and natural resources
Nigeria's latest GDP observation is $290.8B (2025). Its population observation is 237.5M (2025). Read the dated indicators below, compare a second country, or take a cited brief into your research.
- GDP
- $290.8BWorld Bank WDI, 2025
- Population
- 237.5MWorld Bank WDI, 2025
- GDP per person
- $1,224World Bank WDI, 2025
Dated economy snapshot
- GDP
- $290.8BWorld Bank WDI, 2025
- Population
- 237.5MWorld Bank WDI, 2025
- GDP per person
- $1,224World Bank WDI, 2025
- Real GDP growth
- 4%World Bank WDI, 2025
- Electricity access
- 62.5%World Bank WDI, 2024
- Internet use
- 41.2%World Bank WDI, 2024
- Life expectancy
- 54.6 yearsWorld Bank WDI, 2024
- Exports of goods and services
- N/AWorld Bank WDI: no 2016–2025 observation
- Imports of goods and services
- N/AWorld Bank WDI: no 2016–2025 observation
World Bank World Development Indicators. The latest available year can differ by measure. Retrieved 2026-09-28. Sources, units and comparison method.
Read the numbers in context
Total GDP describes economic scale. GDP per person is average output per resident, not a salary or a cost-of-living measure. Both use current US dollars; exchange rates and national accounts revisions can change them.
Real GDP growth measures annual output change after price changes. Electricity access and internet use describe national coverage, not service reliability, speed or affordability in a particular city. Life expectancy is an average at birth.
Exports and imports include goods and services. Their totals should not be mixed with an undated goods-only product breakdown.
Nigeria: a ten-year economy view
Annual WDI observations from 2016–2025. N/A means no observation in the retrieved series.
| Year | GDP | Population | Real growth |
|---|---|---|---|
| 2025 | $290.8B | 237.5M | 4% |
| 2024 | $252.3B | 232.7M | 4.1% |
| 2023 | $487.4B | 227.9M | 3.3% |
| 2022 | $647B | 223.2M | 4.3% |
| 2021 | $609.1B | 218.5M | 1.1% |
| 2020 | $598.6B | 214M | -6.4% |
| 2019 | $668.2B | 209.5M | 2.2% |
| 2018 | $421.7B | 204.9M | 1.9% |
| 2017 | $375.7B | 200.3M | 0.8% |
| 2016 | $404.6B | 195.4M | -1.6% |
Sources: GDP · Population · Real GDP growth.
Resources and trade in Nigeria
Undated reference lists. These entries are research starting points, not verified production amounts or current rankings.
Natural resource references
Crude Oil · Natural Gas · Arable Land · Iron Ore · Cocoa
Export product references
- Crude Petroleum
- Petroleum Gas
- Cocoa Beans
- Rubber
- Sesame Seeds
Import product references
- Refined Petroleum
- Wheat
- Cars
- Medicines
- Plastics
Check product, partner and year coverage in UN Comtrade or World Integrated Trade Solution. For mineral production, consult USGS country statistics. These portals are verification paths; their data have not been merged into the reference lists.
Continue your Nigeria research
Related country profiles
- Ghana economy profile · Compare Nigeria with Ghana
- Côte d'Ivoire economy profile · Compare Nigeria with Côte d'Ivoire
- Niger economy profile · Compare Nigeria with Niger
Tools for your next question
Questions about Nigeria
What is the latest GDP figure for Nigeria?
The World Bank WDI observation is $290,794,361,542.1 for 2025, in current US dollars. It measures total economic output, not household income or purchasing power.
What are Nigeria's population and GDP per person?
Population is 237,527,782 (2025). GDP per person is $1,224 (2025) in current US dollars. It is an average output measure, not a salary.
What are Nigeria's main natural resources?
The undated AfroAtlas reference list includes Crude Oil, Natural Gas, Arable Land, Iron Ore, Cocoa. These entries do not establish current production amounts or rankings; check primary resource statistics.
Which exports appear in the Nigeria profile?
The undated product reference list includes Crude Petroleum, Petroleum Gas, Cocoa Beans, Rubber, Sesame Seeds. Goods-only trade sources can differ from the WDI totals, which include goods and services.
How can I compare Nigeria fairly with another country?
Use the latest shared observation year for each indicator. AfroAtlas compares matched years by default, shows missing observations as N/A, and offers a latest-observation view that labels differences in years.
How do I cite or download this country data?
Each indicator links to the World Bank source and shows its observation year. Download the CSV or create a research brief to retain indicator names, units, dates and source URLs. The snapshot was retrieved on 2026-09-28.