Nigeria Annual GDP Growth Table
Source: WorldbankGrowth | Growth Capita
In 2024, Nigeria experienced a significant an increase in its GDP growth rate, which rise to 4.062% from 3.327% in 2023. Additionally, the GDP per capita growth rate in Nigeria increase to 1.917% in 2024, compared to 1.181% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 0.192% | 0.19% | -1.846% | -1.85% |
| 1962 | 4.103% | 3.91% | 1.94% | 3.79% |
| 1963 | 8.579% | 4.48% | 6.297% | 4.36% |
| 1964 | 4.95% | -3.63% | 2.727% | -3.57% |
| 1965 | 4.885% | -0.07% | 2.634% | -0.09% |
| 1966 | -4.251% | -9.14% | -6.311% | -8.95% |
| 1967 | -15.744% | -11.49% | -17.524% | -11.21% |
| 1968 | -1.248% | 14.50% | -3.355% | 14.17% |
| 1969 | 24.197% | 25.45% | 21.471% | 24.83% |
| 1970 | 25.007% | 0.81% | 22.185% | 0.71% |
| 1971 | 14.238% | -10.77% | 11.6% | -10.59% |
| 1972 | 3.364% | -10.87% | 0.918% | -10.68% |
| 1973 | 5.393% | 2.03% | 2.796% | 1.88% |
| 1974 | 11.161% | 5.77% | 8.282% | 5.49% |
| 1975 | -5.228% | -16.39% | -7.816% | -16.10% |
| 1976 | 9.042% | 14.27% | 5.956% | 13.77% |
| 1977 | 6.024% | -3.02% | 2.907% | -3.05% |
| 1978 | -5.764% | -11.79% | -8.608% | -11.52% |
| 1979 | 6.759% | 12.52% | 3.517% | 12.13% |
| 1980 | 4.205% | -2.55% | 1.003% | -2.51% |
| 1981 | -13.128% | -17.33% | -15.759% | -16.76% |
| 1982 | -6.803% | 6.33% | -9.551% | 6.21% |
| 1983 | -10.924% | -4.12% | -13.205% | -3.65% |
| 1984 | -1.116% | 9.81% | -3.618% | 9.59% |
| 1985 | 5.913% | 7.03% | 2.954% | 6.57% |
| 1986 | 0.061% | -5.85% | -2.621% | -5.58% |
| 1987 | 3.2% | 3.14% | 0.487% | 3.11% |
| 1988 | 7.334% | 4.13% | 4.502% | 4.02% |
| 1989 | 1.919% | -5.42% | -0.788% | -5.29% |
| 1990 | 11.777% | 9.86% | 8.796% | 9.58% |
| 1991 | 0.358% | -11.42% | -2.258% | -11.05% |
| 1992 | 4.631% | 4.27% | 1.92% | 4.18% |
| 1993 | -2.035% | -6.67% | -4.597% | -6.52% |
| 1994 | -1.815% | 0.22% | -4.374% | 0.22% |
| 1995 | -0.073% | 1.74% | -2.673% | 1.70% |
| 1996 | 4.196% | 4.27% | 1.507% | 4.18% |
| 1997 | 2.937% | -1.26% | 0.292% | -1.22% |
| 1998 | 2.581% | -0.36% | -0.065% | -0.36% |
| 1999 | 0.584% | -2.00% | -2.033% | -1.97% |
| 2000 | 5.016% | 4.43% | 2.245% | 4.28% |
| 2001 | 5.918% | 0.90% | 3.079% | 0.83% |
| 2002 | 15.329% | 9.41% | 12.21% | 9.13% |
| 2003 | 7.347% | -7.98% | 4.428% | -7.78% |
| 2004 | 9.251% | 1.90% | 6.265% | 1.84% |
| 2005 | 6.439% | -2.81% | 3.532% | -2.73% |
| 2006 | 6.059% | -0.38% | 3.171% | -0.36% |
| 2007 | 6.591% | 0.53% | 3.677% | 0.51% |
| 2008 | 6.764% | 0.17% | 3.833% | 0.16% |
| 2009 | 8.037% | 1.27% | 5.067% | 1.23% |
| 2010 | 8.006% | -0.03% | 5.029% | -0.04% |
| 2011 | 5.308% | -2.70% | 2.397% | -2.63% |
| 2012 | 4.23% | -1.08% | 1.378% | -1.02% |
| 2013 | 6.671% | 2.44% | 3.814% | 2.44% |
| 2014 | 6.31% | -0.36% | 3.538% | -0.28% |
| 2015 | 2.653% | -3.66% | 0.082% | -3.46% |
| 2016 | -1.617% | -4.27% | -4.019% | -4.10% |
| 2017 | 0.806% | 2.42% | -1.616% | 2.40% |
| 2018 | 1.923% | 1.12% | -0.407% | 1.21% |
| 2019 | 2.208% | 0.29% | -0.01% | 0.40% |
| 2020 | -6.369% | -8.58% | -8.342% | -8.33% |
| 2021 | 1.109% | 7.48% | -0.988% | 7.35% |
| 2022 | 4.319% | 3.21% | 2.158% | 3.15% |
| 2023 | 3.327% | -0.99% | 1.181% | -0.98% |
| 2024 | 4.062% | 0.74% | 1.917% | 0.74% |