Key Insight
Nigeria's economy grew — in the latest quarter, recovering from a COVID-19 contraction of −6.10% in Q2 2020 — the deepest quarterly decline in the dataset.
Real GDP Growth Rate (%) — Quarterly
Nigeria's quarterly real GDP growth rate — from the COVID-19 contraction of -6.10% in Q2 2020 to the recovery of 3.97% by Q4 2024.
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Source: NBS Quarterly GDP Report · Real GDP at 2010 constant basic prices
Nominal GDP (USD Billions) — Annual
This differs from the real growth rate chart above — a weaker Naira can shrink the USD-denominated figure even when the local economy is growing.
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Source: World Bank Open Data · NY.GDP.MKTP.CD
GDP Growth Rate Data Table
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Nominal GDP (USD) Data Table