Nigeria GDP Growth Rate (2024)
Nigeria's GDP Growth Rate: 4.1 % annual change in 2024, +0.7pp YoY. World Bank (NY.GDP.MKTP.KD.ZG), 1990–2024.
Nigeria (2024)
4.1
% annual change
+0.7pp YoY
YoY Change
+0.7pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % annual change | YoY Change |
|---|---|---|
| 2024 | 4.1 | +0.7pp |
| 2023 | 3.3 | -1pp |
| 2022 | 4.3 | +3.2pp |
| 2021 | 1.1 | +7.5pp |
| 2020 | -6.4 | -8.6pp |
| 2019 | 2.2 | +0.3pp |
| 2018 | 1.9 | +1.1pp |
| 2017 | 0.8 | +2.4pp |
| 2016 | -1.6 | -4.3pp |
| 2015 | 2.7 | -3.7pp |
| 2014 | 6.3 | -0.4pp |
| 2013 | 6.7 | +2.4pp |
| 2012 | 4.2 | -1.1pp |
| 2011 | 5.3 | -2.7pp |
| 2010 | 8 | -0pp |
| 2009 | 8 | +1.3pp |
| 2008 | 6.8 | +0.2pp |
| 2007 | 6.6 | +0.5pp |
| 2006 | 6.1 | -0.4pp |
| 2005 | 6.4 | n/a |
About this Dataset
Nigeria recorded 4.1 % annual change in 2024. The most recent year-on-year change was +0.7pp. The historical series (1990–2024) shows a peak of 15.3 in 2002 and a trough of -6.4 in 2020.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks nigeria gdp growth rate in Nigeria, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Updated annual.
The series peaked at 15.3 % annual change in 2002 and reached its lowest recorded value of -6.4 in 2020. The latest reading of 4.1 in 2024 represents a year-on-year change of +0.7pp.