Nigeria Gross Domestic Product: Nominal
Nigeria NG: Adjusted Net Savings: Excluding Particulate Emission Damage
NG: Adjusted Net Savings: Excluding Particulate Emission Damage data was reported at 22.123 USD bn in 2015. This records a decrease from the previous number of 43.136 USD bn for 2014. NG: Adjusted Net Savings: Excluding Particulate Emission Damage data is updated yearly, averaging -1.277 USD bn from Dec 1981 (Median) to 2015, with 35 observations. The data reached an all-time high of 76.485 USD bn in 2012 and a record low of -8.358 USD bn in 2003. NG: Adjusted Net Savings: Excluding Particulate Emission Damage data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Adjusted net savings are equal to net national savings plus education expenditure and minus energy depletion, mineral depletion, net forest depletion, and carbon dioxide. This series excludes particulate emissions damage.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; ;
| Last | Frequency | Range |
|---|---|---|
| 22,122.54 2015 | yearly | 1981 - 2015 |
View Nigeria's Nigeria NG: Adjusted Net Savings: Excluding Particulate Emission Damage from 1981 to 2015 in the chart:
Nigeria NG: Adjusted Net Savings: Excluding Particulate Emission Damage: % of GNI
NG: Adjusted Net Savings: Excluding Particulate Emission Damage: % of GNI data was reported at 4.723 % in 2015. This records a decrease from the previous number of 7.850 % for 2014. NG: Adjusted Net Savings: Excluding Particulate Emission Damage: % of GNI data is updated yearly, averaging -1.293 % from Dec 1981 (Median) to 2015, with 35 observations. The data reached an all-time high of 18.783 % in 1982 and a record low of -34.450 % in 1993. NG: Adjusted Net Savings: Excluding Particulate Emission Damage: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Adjusted net savings are equal to net national savings plus education expenditure and minus energy depletion, mineral depletion, net forest depletion, and carbon dioxide. This series excludes particulate emissions damage.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 4.72 2015 | yearly | 1981 - 2015 |
View Nigeria's Nigeria NG: Adjusted Net Savings: Excluding Particulate Emission Damage: % of GNI from 1981 to 2015 in the chart:
Nigeria NG: Adjusted Net Savings: Including Particulate Emission Damage
NG: Adjusted Net Savings: Including Particulate Emission Damage data was reported at 15.512 USD bn in 2015. This records a decrease from the previous number of 35.156 USD bn for 2014. NG: Adjusted Net Savings: Including Particulate Emission Damage data is updated yearly, averaging -3.087 USD bn from Dec 1990 (Median) to 2015, with 26 observations. The data reached an all-time high of 70.478 USD bn in 2012 and a record low of -9.229 USD bn in 2003. NG: Adjusted Net Savings: Including Particulate Emission Damage data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Adjusted net savings are equal to net national savings plus education expenditure and minus energy depletion, mineral depletion, net forest depletion, and carbon dioxide and particulate emissions damage.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; ;
| Last | Frequency | Range |
|---|---|---|
| 15,511.56 2015 | yearly | 1990 - 2015 |
View Nigeria's Nigeria NG: Adjusted Net Savings: Including Particulate Emission Damage from 1990 to 2015 in the chart:
Nigeria NG: Adjusted Net Savings: Including Particulate Emission Damage: % of GNI
NG: Adjusted Net Savings: Including Particulate Emission Damage: % of GNI data was reported at 3.312 % in 2015. This records a decrease from the previous number of 6.398 % for 2014. NG: Adjusted Net Savings: Including Particulate Emission Damage: % of GNI data is updated yearly, averaging -3.568 % from Dec 1990 (Median) to 2015, with 26 observations. The data reached an all-time high of 17.364 % in 2006 and a record low of -36.226 % in 1993. NG: Adjusted Net Savings: Including Particulate Emission Damage: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Adjusted net savings are equal to net national savings plus education expenditure and minus energy depletion, mineral depletion, net forest depletion, and carbon dioxide and particulate emissions damage.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 3.31 2015 | yearly | 1990 - 2015 |
View Nigeria's Nigeria NG: Adjusted Net Savings: Including Particulate Emission Damage: % of GNI from 1990 to 2015 in the chart:
Nigeria NG: Adjusted Savings: Carbon Dioxide Damage
NG: Adjusted Savings: Carbon Dioxide Damage data was reported at 2.707 USD bn in 2016. This records a decrease from the previous number of 2.812 USD bn for 2015. NG: Adjusted Savings: Carbon Dioxide Damage data is updated yearly, averaging 469.142 USD mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 2.812 USD bn in 2015 and a record low of 35.774 USD mn in 1970. NG: Adjusted Savings: Carbon Dioxide Damage data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$30 per ton of CO2 (the unit damage in 2014 US dollars for CO2 emitted in 2015) times the number of tons of CO2 emitted.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; ;
| Last | Frequency | Range |
|---|---|---|
| 2,707.00 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: Adjusted Savings: Carbon Dioxide Damage from 1970 to 2016 in the chart:
Nigeria NG: Adjusted Savings: Carbon Dioxide Damage: % of GNI
NG: Adjusted Savings: Carbon Dioxide Damage: % of GNI data was reported at 0.684 % in 2016. This records an increase from the previous number of 0.600 % for 2015. NG: Adjusted Savings: Carbon Dioxide Damage: % of GNI data is updated yearly, averaging 1.236 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 3.490 % in 1993 and a record low of 0.296 % in 1970. NG: Adjusted Savings: Carbon Dioxide Damage: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$30 per ton of CO2 (the unit damage in 2014 US dollars for CO2 emitted in 2015) times the number of tons of CO2 emitted.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 0.68 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: Adjusted Savings: Carbon Dioxide Damage: % of GNI from 1970 to 2016 in the chart:
Nigeria NG: Adjusted Savings: Consumption of Fixed Capital
NG: Adjusted Savings: Consumption of Fixed Capital data was reported at 43.315 USD bn in 2016. This records a decrease from the previous number of 49.722 USD bn for 2015. NG: Adjusted Savings: Consumption of Fixed Capital data is updated yearly, averaging 1.414 USD bn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 56.665 USD bn in 2014 and a record low of 115.052 USD mn in 1971. NG: Adjusted Savings: Consumption of Fixed Capital data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Consumption of fixed capital represents the replacement value of capital used up in the process of production.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; ;
| Last | Frequency | Range |
|---|---|---|
| 43,314.52 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: Adjusted Savings: Consumption of Fixed Capital from 1970 to 2016 in the chart:
Nigeria NG: Adjusted Savings: Consumption of Fixed Capital: % of GNI
NG: Adjusted Savings: Consumption of Fixed Capital: % of GNI data was reported at 10.939 % in 2016. This records an increase from the previous number of 10.615 % for 2015. NG: Adjusted Savings: Consumption of Fixed Capital: % of GNI data is updated yearly, averaging 3.827 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 11.817 % in 1986 and a record low of 1.351 % in 1971. NG: Adjusted Savings: Consumption of Fixed Capital: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Consumption of fixed capital represents the replacement value of capital used up in the process of production.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 10.94 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: Adjusted Savings: Consumption of Fixed Capital: % of GNI from 1970 to 2016 in the chart:
Nigeria NG: Adjusted Savings: Education Expenditure
NG: Adjusted Savings: Education Expenditure data was reported at 3.366 USD bn in 2016. This records a decrease from the previous number of 3.981 USD bn for 2015. NG: Adjusted Savings: Education Expenditure data is updated yearly, averaging 608.941 USD mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 4.671 USD bn in 2014 and a record low of 114.263 USD mn in 1993. NG: Adjusted Savings: Education Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.; ; UNESCO; data are extrapolated to the most recent year available; ;
| Last | Frequency | Range |
|---|---|---|
| 3,365.61 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: Adjusted Savings: Education Expenditure from 1970 to 2016 in the chart:
Nigeria NG: Adjusted Savings: Education Expenditure: % of GNI
NG: Adjusted Savings: Education Expenditure: % of GNI data was reported at 0.850 % in 2016. This stayed constant from the previous number of 0.850 % for 2015. NG: Adjusted Savings: Education Expenditure: % of GNI data is updated yearly, averaging 0.850 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 5.105 % in 1981 and a record low of 0.850 % in 2016. NG: Adjusted Savings: Education Expenditure: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.; ; UNESCO; data are extrapolated to the most recent year available; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 0.85 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: Adjusted Savings: Education Expenditure: % of GNI from 1970 to 2016 in the chart:
Nigeria NG: Adjusted Savings: Energy Depletion
NG: Adjusted Savings: Energy Depletion data was reported at 6.697 USD bn in 2016. This records a decrease from the previous number of 7.407 USD bn for 2015. NG: Adjusted Savings: Energy Depletion data is updated yearly, averaging 5.784 USD bn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 34.390 USD bn in 2011 and a record low of 0.000 USD mn in 1970. NG: Adjusted Savings: Energy Depletion data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime. It covers coal, crude oil, and natural gas.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; ;
| Last | Frequency | Range |
|---|---|---|
| 6,697.16 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: Adjusted Savings: Energy Depletion from 1970 to 2016 in the chart:
Nigeria NG: Adjusted Savings: Energy Depletion: % of GNI
NG: Adjusted Savings: Energy Depletion: % of GNI data was reported at 1.691 % in 2016. This records an increase from the previous number of 1.581 % for 2015. NG: Adjusted Savings: Energy Depletion: % of GNI data is updated yearly, averaging 13.617 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 39.088 % in 1993 and a record low of 0.000 % in 1970. NG: Adjusted Savings: Energy Depletion: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime. It covers coal, crude oil, and natural gas.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 1.69 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: Adjusted Savings: Energy Depletion: % of GNI from 1970 to 2016 in the chart:
Nigeria NG: Adjusted Savings: Gross Savings: % of GNI
NG: Adjusted Savings: Gross Savings: % of GNI data was reported at 17.746 % in 2015. This records a decrease from the previous number of 23.046 % for 2014. NG: Adjusted Savings: Gross Savings: % of GNI data is updated yearly, averaging 18.405 % from Dec 1981 (Median) to 2015, with 35 observations. The data reached an all-time high of 40.217 % in 2006 and a record low of -6.147 % in 1998. NG: Adjusted Savings: Gross Savings: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.; ; World Bank national accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 17.75 2015 | yearly | 1981 - 2015 |
View Nigeria's Nigeria NG: Adjusted Savings: Gross Savings: % of GNI from 1981 to 2015 in the chart:
Nigeria NG: Adjusted Savings: Mineral Depletion
NG: Adjusted Savings: Mineral Depletion data was reported at 211.579 USD mn in 2016. This records an increase from the previous number of 162.364 USD mn for 2015. NG: Adjusted Savings: Mineral Depletion data is updated yearly, averaging 0.984 USD mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 211.579 USD mn in 2016 and a record low of 0.000 USD mn in 1999. NG: Adjusted Savings: Mineral Depletion data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime. It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; ;
| Last | Frequency | Range |
|---|---|---|
| 211.58 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: Adjusted Savings: Mineral Depletion from 1970 to 2016 in the chart:
Nigeria NG: Adjusted Savings: Mineral Depletion: % of GNI
NG: Adjusted Savings: Mineral Depletion: % of GNI data was reported at 0.053 % in 2016. This records an increase from the previous number of 0.035 % for 2015. NG: Adjusted Savings: Mineral Depletion: % of GNI data is updated yearly, averaging 0.003 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 0.055 % in 1979 and a record low of 0.000 % in 1999. NG: Adjusted Savings: Mineral Depletion: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime. It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 0.05 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: Adjusted Savings: Mineral Depletion: % of GNI from 1970 to 2016 in the chart:
Nigeria NG: Adjusted Savings: Natural Resources Depletion: % of GNI
NG: Adjusted Savings: Natural Resources Depletion: % of GNI data was reported at 3.061 % in 2016. This records an increase from the previous number of 2.658 % for 2015. NG: Adjusted Savings: Natural Resources Depletion: % of GNI data is updated yearly, averaging 14.876 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 43.654 % in 1993 and a record low of 0.000 % in 1971. NG: Adjusted Savings: Natural Resources Depletion: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime. It covers coal, crude oil, and natural gas. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 3.06 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: Adjusted Savings: Natural Resources Depletion: % of GNI from 1970 to 2016 in the chart:
Nigeria NG: Adjusted Savings: Net Forest Depletion
NG: Adjusted Savings: Net Forest Depletion data was reported at 5.213 USD bn in 2016. This records an increase from the previous number of 4.881 USD bn for 2015. NG: Adjusted Savings: Net Forest Depletion data is updated yearly, averaging 633.770 USD mn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 5.213 USD bn in 2016 and a record low of 0.000 USD mn in 1979. NG: Adjusted Savings: Net Forest Depletion data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; ;
| Last | Frequency | Range |
|---|---|---|
| 5,213.18 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: Adjusted Savings: Net Forest Depletion from 1970 to 2016 in the chart:
Nigeria NG: Adjusted Savings: Net Forest Depletion: % of GNI
NG: Adjusted Savings: Net Forest Depletion: % of GNI data was reported at 1.317 % in 2016. This records an increase from the previous number of 1.042 % for 2015. NG: Adjusted Savings: Net Forest Depletion: % of GNI data is updated yearly, averaging 1.317 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 4.738 % in 1994 and a record low of 0.000 % in 1979. NG: Adjusted Savings: Net Forest Depletion: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. If growth exceeds harvest, this figure is zero.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 1.32 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: Adjusted Savings: Net Forest Depletion: % of GNI from 1970 to 2016 in the chart:
Nigeria NG: Adjusted Savings: Net National Savings
NG: Adjusted Savings: Net National Savings data was reported at 33.403 USD bn in 2015. This records a decrease from the previous number of 69.979 USD bn for 2014. NG: Adjusted Savings: Net National Savings data is updated yearly, averaging 6.252 USD bn from Dec 1981 (Median) to 2015, with 35 observations. The data reached an all-time high of 112.694 USD bn in 2012 and a record low of -3.230 USD bn in 1998. NG: Adjusted Savings: Net National Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Net national savings are equal to gross national savings less the value of consumption of fixed capital.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; ;
| Last | Frequency | Range |
|---|---|---|
| 33,402.71 2015 | yearly | 1981 - 2015 |
View Nigeria's Nigeria NG: Adjusted Savings: Net National Savings from 1981 to 2015 in the chart:
Nigeria NG: Adjusted Savings: Net National Savings: % of GNI
NG: Adjusted Savings: Net National Savings: % of GNI data was reported at 7.131 % in 2015. This records a decrease from the previous number of 12.734 % for 2014. NG: Adjusted Savings: Net National Savings: % of GNI data is updated yearly, averaging 12.734 % from Dec 1981 (Median) to 2015, with 35 observations. The data reached an all-time high of 34.191 % in 2006 and a record low of -11.069 % in 1998. NG: Adjusted Savings: Net National Savings: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Net national savings are equal to gross national savings less the value of consumption of fixed capital.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 7.13 2015 | yearly | 1981 - 2015 |
View Nigeria's Nigeria NG: Adjusted Savings: Net National Savings: % of GNI from 1981 to 2015 in the chart:
Nigeria NG: Adjusted Savings: Particulate Emission Damage
NG: Adjusted Savings: Particulate Emission Damage data was reported at 5.613 USD bn in 2016. This records a decrease from the previous number of 6.611 USD bn for 2015. NG: Adjusted Savings: Particulate Emission Damage data is updated yearly, averaging 870.795 USD mn from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 7.980 USD bn in 2014 and a record low of 238.788 USD mn in 1993. NG: Adjusted Savings: Particulate Emission Damage data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Particulate emissions damage is the damage due to exposure of a country's population to ambient concentrations of particulates measuring less than 2.5 microns in diameter (PM2.5), ambient ozone pollution, and indoor concentrations of PM2.5 in households cooking with solid fuels. Damages are calculated as foregone labor income due to premature death. Estimates of health impacts from the Global Burden of Disease Study 2016. Data for other years have been extrapolated from trends in mortality rates.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; ;
| Last | Frequency | Range |
|---|---|---|
| 5,612.86 2016 | yearly | 1990 - 2016 |
View Nigeria's Nigeria NG: Adjusted Savings: Particulate Emission Damage from 1990 to 2016 in the chart:
Nigeria NG: Adjusted Savings: Particulate Emission Damage: % of GNI
NG: Adjusted Savings: Particulate Emission Damage: % of GNI data was reported at 1.418 % in 2016. This records an increase from the previous number of 1.411 % for 2015. NG: Adjusted Savings: Particulate Emission Damage: % of GNI data is updated yearly, averaging 1.452 % from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 1.846 % in 1994 and a record low of 1.116 % in 2009. NG: Adjusted Savings: Particulate Emission Damage: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Particulate emissions damage is the damage due to exposure of a country's population to ambient concentrations of particulates measuring less than 2.5 microns in diameter (PM2.5), ambient ozone pollution, and indoor concentrations of PM2.5 in households cooking with solid fuels. Damages are calculated as foregone labor income due to premature death. Estimates of health impacts from the Global Burden of Disease Study 2016. Data for other years have been extrapolated from trends in mortality rates.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 1.42 2016 | yearly | 1990 - 2016 |
View Nigeria's Nigeria NG: Adjusted Savings: Particulate Emission Damage: % of GNI from 1990 to 2016 in the chart:
Nigeria NG: GDP
NG: GDP data was reported at 114,906,663.516 NGN mn in 2017. This records an increase from the previous number of 102,575,418.035 NGN mn for 2016. NG: GDP data is updated yearly, averaging 188,196.295 NGN mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 114,906,663.516 NGN mn in 2017 and a record low of 2,997.269 NGN mn in 1960. NG: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 114,906,663.52 2017 | yearly | 1960 - 2017 |
View Nigeria's Nigeria NG: GDP from 1960 to 2017 in the chart:
Nigeria NG: GDP: Deflator: Linked Series
NG: GDP: Deflator: Linked Series data was reported at 166.022 2010=100 in 2017. This records an increase from the previous number of 149.413 2010=100 for 2016. NG: GDP: Deflator: Linked Series data is updated yearly, averaging 41.079 2010=100 from Dec 1989 (Median) to 2017, with 29 observations. The data reached an all-time high of 166.022 2010=100 in 2017 and a record low of 1.741 2010=100 in 1989. NG: GDP: Deflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. The GDP implicit deflator is calculated as the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The base year varies by country.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;
| Last | Frequency | Range |
|---|---|---|
| 166.02 2017 | yearly | 1990 - 2017 |
View Nigeria's Nigeria NG: GDP: Deflator: Linked Series from 1990 to 2017 in the chart:
Nigeria NG: GDP: Discrepancy
NG: GDP: Discrepancy data was reported at 0.000 NGN mn in 2016. This records an increase from the previous number of -0.003 NGN mn for 2015. NG: GDP: Discrepancy data is updated yearly, averaging 0.000 NGN mn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 0.140 NGN mn in 2008 and a record low of -0.180 NGN mn in 2012. NG: GDP: Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Discrepancy in expenditure estimate of GDP is the discrepancy included in final consumption expenditure, etc. (total consumption, etc.). This discrepancy is included to ensure that GDP from the expenditure side equals GDP measured by the income or output approach. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 0.00 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: Discrepancy from 1981 to 2016 in the chart:
Nigeria NG: GDP: External Balance of Goods and Services
NG: GDP: External Balance of Goods and Services data was reported at -2,345,181.253 NGN mn in 2016. This records a decrease from the previous number of -31.050 NGN mn for 2015. NG: GDP: External Balance of Goods and Services data is updated yearly, averaging 5,018.730 NGN mn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 13,429,013.800 NGN mn in 2012 and a record low of -2,345,181.253 NGN mn in 2016. NG: GDP: External Balance of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| -2,345,181.25 2016 | yearly | 1960 - 2016 |
View Nigeria's Nigeria NG: GDP: External Balance of Goods and Services from 1960 to 2016 in the chart:
Nigeria NG: GDP: Final Consumption Expenditure
NG: GDP: Final Consumption Expenditure data was reported at 89,185,494.550 NGN mn in 2016. This records an increase from the previous number of 80,434,636.407 NGN mn for 2015. NG: GDP: Final Consumption Expenditure data is updated yearly, averaging 2,725,481.140 NGN mn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 89,185,494.550 NGN mn in 2016 and a record low of 36,159.200 NGN mn in 1981. NG: GDP: Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 89,185,494.55 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: Final Consumption Expenditure from 1981 to 2016 in the chart:
Nigeria NG: GDP: Final Consumption Expenditure: General Government
NG: GDP: Final Consumption Expenditure: General Government data was reported at 5,522,949.551 NGN mn in 2016. This records a decrease from the previous number of 5,648,950.000 NGN mn for 2015. NG: GDP: Final Consumption Expenditure: General Government data is updated yearly, averaging 385,663.100 NGN mn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 5,953,206.200 NGN mn in 2012 and a record low of 7,584.340 NGN mn in 1981. NG: GDP: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 5,522,949.55 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: Final Consumption Expenditure: General Government from 1981 to 2016 in the chart:
Nigeria NG: GDP: Final Consumption Expenditure: Household
NG: GDP: Final Consumption Expenditure: Household data was reported at 83,662,545.000 NGN mn in 2016. This records an increase from the previous number of 74,785,686.407 NGN mn for 2015. NG: GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 2,413,061.545 NGN mn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 83,662,545.000 NGN mn in 2016 and a record low of 28,574.860 NGN mn in 1981. NG: GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 83,662,545.00 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: Final Consumption Expenditure: Household from 1981 to 2016 in the chart:
NG: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series
NG: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data was reported at 109,433,099.125 NGN mn in 2021. This records an increase from the previous number of 98,583,822.750 NGN mn for 2020. NG: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 13,440,209.478 NGN mn from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 109,433,099.125 NGN mn in 2021 and a record low of 159,082.491 NGN mn in 1990. NG: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;
| Last | Frequency | Range |
|---|---|---|
| 109,433,099.125 2021 | yearly | 1990 - 2021 |
View Nigeria's NG: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series from 1990 to 2021 in the chart:
Nigeria NG: GDP: GNI per Capita
NG: GDP: GNI per Capita data was reported at 583,553.405 NGN in 2017. This records an increase from the previous number of 539,655.439 NGN for 2016. NG: GDP: GNI per Capita data is updated yearly, averaging 1,924.246 NGN from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 583,553.405 NGN in 2017 and a record low of 66.048 NGN in 1960. NG: GDP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 583,553.41 2017 | yearly | 1960 - 2017 |
View Nigeria's Nigeria NG: GDP: GNI per Capita from 1960 to 2017 in the chart:
Nigeria NG: GDP: Gross Capital Formation
NG: GDP: Gross Capital Formation data was reported at 15,735,104.737 NGN mn in 2016. This records an increase from the previous number of 14,743,130.330 NGN mn for 2015. NG: GDP: Gross Capital Formation data is updated yearly, averaging 243,058.580 NGN mn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 15,735,104.737 NGN mn in 2016 and a record low of 7,989.760 NGN mn in 1984. NG: GDP: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 15,735,104.74 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: Gross Capital Formation from 1981 to 2016 in the chart:
Nigeria NG: GDP: Gross Domestic Savings
NG: GDP: Gross Domestic Savings data was reported at 13,389,923.484 NGN mn in 2016. This records a decrease from the previous number of 14,743,099.277 NGN mn for 2015. NG: GDP: Gross Domestic Savings data is updated yearly, averaging 531,965.425 NGN mn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 24,251,941.400 NGN mn in 2012 and a record low of 13,008.480 NGN mn in 1984. NG: GDP: Gross Domestic Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 13,389,923.48 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: Gross Domestic Savings from 1981 to 2016 in the chart:
Nigeria NG: GDP: Gross National Expenditure
NG: GDP: Gross National Expenditure data was reported at 104,920,599.287 NGN mn in 2016. This records an increase from the previous number of 95,177,766.737 NGN mn for 2015. NG: GDP: Gross National Expenditure data is updated yearly, averaging 2,962,986.325 NGN mn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 104,920,599.287 NGN mn in 2016 and a record low of 53,758.790 NGN mn in 1981. NG: GDP: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 104,920,599.29 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: Gross National Expenditure from 1981 to 2016 in the chart:
Nigeria NG: GDP: Gross National Expenditure: Deflator
NG: GDP: Gross National Expenditure: Deflator data was reported at 190.926 2010=100 in 2016. This records an increase from the previous number of 162.605 2010=100 for 2015. NG: GDP: Gross National Expenditure: Deflator data is updated yearly, averaging 18.113 2010=100 from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 190.926 2010=100 in 2016 and a record low of 0.226 2010=100 in 1981. NG: GDP: Gross National Expenditure: Deflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 190.93 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: Gross National Expenditure: Deflator from 1981 to 2016 in the chart:
Nigeria NG: GDP: Gross National Income
NG: GDP: Gross National Income data was reported at 111,392,356.761 NGN mn in 2017. This records an increase from the previous number of 100,370,320.780 NGN mn for 2016. NG: GDP: Gross National Income data is updated yearly, averaging 176,740.445 NGN mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 111,392,356.761 NGN mn in 2017 and a record low of 2,981.277 NGN mn in 1960. NG: GDP: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 111,392,356.76 2017 | yearly | 1960 - 2017 |
View Nigeria's Nigeria NG: GDP: Gross National Income from 1960 to 2017 in the chart:
Nigeria NG: GDP: Gross Savings
NG: GDP: Gross Savings data was reported at 16,221,380.715 NGN mn in 2016. This records a decrease from the previous number of 16,328,855.070 NGN mn for 2015. NG: GDP: Gross Savings data is updated yearly, averaging 348,709.406 NGN mn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 24,208,607.815 NGN mn in 2012 and a record low of -157,843.172 NGN mn in 1998. NG: GDP: Gross Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 16,221,380.71 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: Gross Savings from 1981 to 2016 in the chart:
NG: GDP: Gross Value Added at Basic Prices
NG: GDP: Gross Value Added at Basic Prices data was reported at 229,912,937.296 NGN mn in 2023. This records an increase from the previous number of 199,336,043.780 NGN mn for 2022. NG: GDP: Gross Value Added at Basic Prices data is updated yearly, averaging 11,383,658.562 NGN mn from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 229,912,937.296 NGN mn in 2023 and a record low of 137,929.360 NGN mn in 1981. NG: GDP: Gross Value Added at Basic Prices data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at basic prices (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at basic prices is derived by subtracting net product taxes from GDP. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 229,912,937.296 2023 | yearly | 1981 - 2023 |
View Nigeria's NG: GDP: Gross Value Added at Basic Prices from 1981 to 2023 in the chart:
NG: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing
NG: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data was reported at 53,273,143.682 NGN mn in 2023. This records an increase from the previous number of 47,944,062.797 NGN mn for 2022. NG: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data is updated yearly, averaging 4,251,520.648 NGN mn from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 53,273,143.682 NGN mn in 2023 and a record low of 17,052.176 NGN mn in 1981. NG: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 53,273,143.682 2023 | yearly | 1981 - 2023 |
View Nigeria's NG: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing from 1981 to 2023 in the chart:
Nigeria NG: GDP: Gross Value Added at Factor Cost
NG: GDP: Gross Value Added at Factor Cost data was reported at 113,719,048.226 NGN mn in 2017. This records an increase from the previous number of 101,489,492.202 NGN mn for 2016. NG: GDP: Gross Value Added at Factor Cost data is updated yearly, averaging 3,194,014.960 NGN mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 113,719,048.226 NGN mn in 2017 and a record low of 47,619.660 NGN mn in 1981. NG: GDP: Gross Value Added at Factor Cost data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 113,719,048.23 2017 | yearly | 1981 - 2017 |
View Nigeria's Nigeria NG: GDP: Gross Value Added at Factor Cost from 1981 to 2017 in the chart:
Nigeria NG: GDP: Gross Value Added at Factor Cost: Agriculture
NG: GDP: Gross Value Added at Factor Cost: Agriculture data was reported at 23,952,554.203 NGN mn in 2017. This records an increase from the previous number of 21,523,512.499 NGN mn for 2016. NG: GDP: Gross Value Added at Factor Cost: Agriculture data is updated yearly, averaging 1,127,693.120 NGN mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 23,952,554.203 NGN mn in 2017 and a record low of 13,580.320 NGN mn in 1981. NG: GDP: Gross Value Added at Factor Cost: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 23,952,554.20 2017 | yearly | 1981 - 2017 |
View Nigeria's Nigeria NG: GDP: Gross Value Added at Factor Cost: Agriculture from 1981 to 2017 in the chart:
Nigeria NG: GDP: Gross Value Added at Factor Cost: Industry
NG: GDP: Gross Value Added at Factor Cost: Industry data was reported at 25,647,315.889 NGN mn in 2017. This records an increase from the previous number of 18,641,165.838 NGN mn for 2016. NG: GDP: Gross Value Added at Factor Cost: Industry data is updated yearly, averaging 1,440,314.745 NGN mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 25,647,315.889 NGN mn in 2017 and a record low of 48,589.124 NGN mn in 1984. NG: GDP: Gross Value Added at Factor Cost: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 25,647,315.89 2017 | yearly | 1981 - 2017 |
View Nigeria's Nigeria NG: GDP: Gross Value Added at Factor Cost: Industry from 1981 to 2017 in the chart:
Nigeria NG: GDP: Gross Value Added at Factor Cost: Industry: Manufacturing
NG: GDP: Gross Value Added at Factor Cost: Industry: Manufacturing data was reported at 10,044,484.949 NGN mn in 2017. This records an increase from the previous number of 8,903,236.284 NGN mn for 2016. NG: GDP: Gross Value Added at Factor Cost: Industry: Manufacturing data is updated yearly, averaging 713,821.650 NGN mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 10,044,484.949 NGN mn in 2017 and a record low of 26,885.964 NGN mn in 1981. NG: GDP: Gross Value Added at Factor Cost: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 10,044,484.95 2017 | yearly | 1981 - 2017 |
View Nigeria's Nigeria NG: GDP: Gross Value Added at Factor Cost: Industry: Manufacturing from 1981 to 2017 in the chart:
Nigeria NG: GDP: Gross Value Added at Factor Cost: Services
NG: GDP: Gross Value Added at Factor Cost: Services data was reported at 64,119,178.133 NGN mn in 2017. This records an increase from the previous number of 61,324,813.865 NGN mn for 2016. NG: GDP: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 2,440,072.960 NGN mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 64,119,178.133 NGN mn in 2017 and a record low of 73,648.309 NGN mn in 1981. NG: GDP: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 64,119,178.13 2017 | yearly | 1981 - 2017 |
View Nigeria's Nigeria NG: GDP: Gross Value Added at Factor Cost: Services from 1981 to 2017 in the chart:
Nigeria NG: GDP: Market Price: Linked Series
NG: GDP: Market Price: Linked Series data was reported at 114,906,663.516 NGN mn in 2017. This records an increase from the previous number of 102,575,418.035 NGN mn for 2016. NG: GDP: Market Price: Linked Series data is updated yearly, averaging 11,626,597.491 NGN mn from Dec 1989 (Median) to 2017, with 29 observations. The data reached an all-time high of 114,906,663.516 NGN mn in 2017 and a record low of 303,811.109 NGN mn in 1989. NG: GDP: Market Price: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;
| Last | Frequency | Range |
|---|---|---|
| 114,906,663.52 2017 | yearly | 1990 - 2017 |
View Nigeria's Nigeria NG: GDP: Market Price: Linked Series from 1990 to 2017 in the chart:
Nigeria NG: GDP: Net Current Transfer from Abroad
NG: GDP: Net Current Transfer from Abroad data was reported at 6,715,096.016 NGN mn in 2017. This records an increase from the previous number of 5,027,187.369 NGN mn for 2016. NG: GDP: Net Current Transfer from Abroad data is updated yearly, averaging 133,564.900 NGN mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 6,715,096.016 NGN mn in 2017 and a record low of -1,744.600 NGN mn in 1986. NG: GDP: Net Current Transfer from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 6,715,096.02 2017 | yearly | 1981 - 2017 |
View Nigeria's Nigeria NG: GDP: Net Current Transfer from Abroad from 1981 to 2017 in the chart:
Nigeria NG: GDP: Net Income from Abroad
NG: GDP: Net Income from Abroad data was reported at -3,514,306.755 NGN mn in 2017. This records a decrease from the previous number of -2,205,097.255 NGN mn for 2016. NG: GDP: Net Income from Abroad data is updated yearly, averaging -15,395.500 NGN mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of -15.100 NGN mn in 1961 and a record low of -4,014,741.462 NGN mn in 2013. NG: GDP: Net Income from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| -3,514,306.76 2017 | yearly | 1960 - 2017 |
View Nigeria's Nigeria NG: GDP: Net Income from Abroad from 1960 to 2017 in the chart:
Nigeria NG: GDP: Net Taxes on Product
NG: GDP: Net Taxes on Product data was reported at 1,187,615.290 NGN mn in 2017. This records an increase from the previous number of 1,085,925.833 NGN mn for 2016. NG: GDP: Net Taxes on Product data is updated yearly, averaging 118,225.910 NGN mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 1,187,615.290 NGN mn in 2017 and a record low of 4,112.130 NGN mn in 1981. NG: GDP: Net Taxes on Product data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 1,187,615.29 2017 | yearly | 1981 - 2017 |
View Nigeria's Nigeria NG: GDP: Net Taxes on Product from 1981 to 2017 in the chart:
Nigeria NG: GDP: USD
NG: GDP: USD data was reported at 375.771 USD bn in 2017. This records a decrease from the previous number of 404.653 USD bn for 2016. NG: GDP: USD data is updated yearly, averaging 33.496 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 568.499 USD bn in 2014 and a record low of 4.196 USD bn in 1960. NG: GDP: USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 375,770.71 2017 | yearly | 1960 - 2017 |
View Nigeria's Nigeria NG: GDP: USD from 1960 to 2017 in the chart:
Nigeria NG: GDP: USD: Adjusted Net National Income
NG: GDP: USD: Adjusted Net National Income data was reported at 340.518 USD bn in 2016. This records a decrease from the previous number of 406.237 USD bn for 2015. NG: GDP: USD: Adjusted Net National Income data is updated yearly, averaging 29.572 USD bn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 464.154 USD bn in 2014 and a record low of 7.043 USD bn in 1993. NG: GDP: USD: Adjusted Net National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 340,517.56 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: GDP: USD: Adjusted Net National Income from 1970 to 2016 in the chart:
Nigeria NG: GDP: USD: Adjusted Net National Income per Capita
NG: GDP: USD: Adjusted Net National Income per Capita data was reported at 1,830.842 USD in 2016. This records a decrease from the previous number of 2,242.151 USD for 2015. NG: GDP: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 349.028 USD from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 2,630.354 USD in 2014 and a record low of 68.541 USD in 1993. NG: GDP: USD: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 1,830.84 2016 | yearly | 1970 - 2016 |
View Nigeria's Nigeria NG: GDP: USD: Adjusted Net National Income per Capita from 1970 to 2016 in the chart:
Nigeria NG: GDP: USD: Changes in Inventories
NG: GDP: USD: Changes in Inventories data was reported at 2.597 USD bn in 2016. This records a decrease from the previous number of 3.189 USD bn for 2015. NG: GDP: USD: Changes in Inventories data is updated yearly, averaging 6.692 USD mn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 4.088 USD bn in 2014 and a record low of -1.138 USD bn in 1982. NG: GDP: USD: Changes in Inventories data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 2,596.98 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: USD: Changes in Inventories from 1981 to 2016 in the chart:
Nigeria NG: GDP: USD: Exports of Goods and Services
NG: GDP: USD: Exports of Goods and Services data was reported at 37.301 USD bn in 2016. This records a decrease from the previous number of 51.312 USD bn for 2015. NG: GDP: USD: Exports of Goods and Services data is updated yearly, averaging 9.503 USD bn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 144.918 USD bn in 2012 and a record low of 387.783 USD mn in 1960. NG: GDP: USD: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 37,301.33 2016 | yearly | 1960 - 2016 |
View Nigeria's Nigeria NG: GDP: USD: Exports of Goods and Services from 1960 to 2016 in the chart:
Nigeria NG: GDP: USD: External Balance of Goods and Services
NG: GDP: USD: External Balance of Goods and Services data was reported at -9.252 USD bn in 2016. This records a decrease from the previous number of -0.157 USD mn for 2015. NG: GDP: USD: External Balance of Goods and Services data is updated yearly, averaging 2.224 USD bn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 85.264 USD bn in 2012 and a record low of -9.252 USD bn in 2016. NG: GDP: USD: External Balance of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| -9,251.57 2016 | yearly | 1960 - 2016 |
View Nigeria's Nigeria NG: GDP: USD: External Balance of Goods and Services from 1960 to 2016 in the chart:
Nigeria NG: GDP: USD: Final Consumption Expenditure
NG: GDP: USD: Final Consumption Expenditure data was reported at 351.830 USD bn in 2016. This records a decrease from the previous number of 406.549 USD bn for 2015. NG: GDP: USD: Final Consumption Expenditure data is updated yearly, averaging 34.098 USD bn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 444.636 USD bn in 2014 and a record low of 12.132 USD bn in 1993. NG: GDP: USD: Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 351,830.43 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: USD: Final Consumption Expenditure from 1981 to 2016 in the chart:
Nigeria NG: GDP: USD: Final Consumption Expenditure: General Government
NG: GDP: USD: Final Consumption Expenditure: General Government data was reported at 21.788 USD bn in 2016. This records a decrease from the previous number of 28.552 USD bn for 2015. NG: GDP: USD: Final Consumption Expenditure: General Government data is updated yearly, averaging 4.219 USD bn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 37.798 USD bn in 2012 and a record low of 1.033 USD bn in 1993. NG: GDP: USD: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 21,787.64 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: USD: Final Consumption Expenditure: General Government from 1981 to 2016 in the chart:
Nigeria NG: GDP: USD: Final Consumption Expenditure: Household
NG: GDP: USD: Final Consumption Expenditure: Household data was reported at 330.043 USD bn in 2016. This records a decrease from the previous number of 377.997 USD bn for 2015. NG: GDP: USD: Final Consumption Expenditure: Household data is updated yearly, averaging 28.038 USD bn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 407.885 USD bn in 2014 and a record low of 11.099 USD bn in 1993. NG: GDP: USD: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 330,042.78 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: USD: Final Consumption Expenditure: Household from 1981 to 2016 in the chart:
Nigeria NG: GDP: USD: Gross Capital Formation
NG: GDP: USD: Gross Capital Formation data was reported at 62.074 USD bn in 2016. This records a decrease from the previous number of 74.518 USD bn for 2015. NG: GDP: USD: Gross Capital Formation data is updated yearly, averaging 4.294 USD bn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 89.838 USD bn in 2014 and a record low of 2.022 USD bn in 1995. NG: GDP: USD: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 62,073.87 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: USD: Gross Capital Formation from 1981 to 2016 in the chart:
Nigeria NG: GDP: USD: Gross Domestic Savings
NG: GDP: USD: Gross Domestic Savings data was reported at 52.822 USD bn in 2016. This records a decrease from the previous number of 74.517 USD bn for 2015. NG: GDP: USD: Gross Domestic Savings data is updated yearly, averaging 9.591 USD bn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 153.982 USD bn in 2012 and a record low of 585.575 USD mn in 1998. NG: GDP: USD: Gross Domestic Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 52,822.29 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: USD: Gross Domestic Savings from 1981 to 2016 in the chart:
Nigeria NG: GDP: USD: Gross Fixed Capital Formation
NG: GDP: USD: Gross Fixed Capital Formation data was reported at 59.477 USD bn in 2016. This records a decrease from the previous number of 71.329 USD bn for 2015. NG: GDP: USD: Gross Fixed Capital Formation data is updated yearly, averaging 4.263 USD bn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 85.750 USD bn in 2014 and a record low of 2.017 USD bn in 1995. NG: GDP: USD: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 59,476.88 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: USD: Gross Fixed Capital Formation from 1981 to 2016 in the chart:
Nigeria NG: GDP: USD: Gross National Expenditure
NG: GDP: USD: Gross National Expenditure data was reported at 413.904 USD bn in 2016. This records a decrease from the previous number of 481.066 USD bn for 2015. NG: GDP: USD: Gross National Expenditure data is updated yearly, averaging 37.429 USD bn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 534.474 USD bn in 2014 and a record low of 14.281 USD bn in 1993. NG: GDP: USD: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 413,904.29 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: USD: Gross National Expenditure from 1981 to 2016 in the chart:
Nigeria NG: GDP: USD: Gross National Income
NG: GDP: USD: Gross National Income data was reported at 364.278 USD bn in 2017. This records a decrease from the previous number of 395.954 USD bn for 2016. NG: GDP: USD: Gross National Income data is updated yearly, averaging 30.968 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 549.528 USD bn in 2014 and a record low of 4.174 USD bn in 1960. NG: GDP: USD: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 364,278.14 2017 | yearly | 1960 - 2017 |
View Nigeria's Nigeria NG: GDP: USD: Gross National Income from 1960 to 2017 in the chart:
Nigeria NG: GDP: USD: Gross National Income per Capita: Atlas Method
NG: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 2,080.000 USD in 2017. This records a decrease from the previous number of 2,450.000 USD for 2016. NG: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 325.000 USD from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 2,980.000 USD in 2014 and a record low of 100.000 USD in 1968. NG: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 2,080.00 2017 | yearly | 1962 - 2017 |
View Nigeria's Nigeria NG: GDP: USD: Gross National Income per Capita: Atlas Method from 1962 to 2017 in the chart:
Nigeria NG: GDP: USD: Gross National Income: Atlas Method
NG: GDP: USD: Gross National Income: Atlas Method data was reported at 397.525 USD bn in 2017. This records a decrease from the previous number of 455.988 USD bn for 2016. NG: GDP: USD: Gross National Income: Atlas Method data is updated yearly, averaging 32.567 USD bn from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 526.652 USD bn in 2014 and a record low of 4.686 USD bn in 1962. NG: GDP: USD: Gross National Income: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 397,524.61 2017 | yearly | 1962 - 2017 |
View Nigeria's Nigeria NG: GDP: USD: Gross National Income: Atlas Method from 1962 to 2017 in the chart:
Nigeria NG: GDP: USD: Gross Savings
NG: GDP: USD: Gross Savings data was reported at 63.992 USD bn in 2016. This records a decrease from the previous number of 82.533 USD bn for 2015. NG: GDP: USD: Gross Savings data is updated yearly, averaging 7.273 USD bn from Dec 1981 (Median) to 2016, with 36 observations. The data reached an all-time high of 153.707 USD bn in 2012 and a record low of -1.794 USD bn in 1998. NG: GDP: USD: Gross Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 63,992.19 2016 | yearly | 1981 - 2016 |
View Nigeria's Nigeria NG: GDP: USD: Gross Savings from 1981 to 2016 in the chart:
NG: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction)
NG: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data was reported at 118.221 USD bn in 2023. This records a decrease from the previous number of 145.453 USD bn for 2022. NG: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data is updated yearly, averaging 61.406 USD bn from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 145.453 USD bn in 2022 and a record low of 15.573 USD bn in 1989. NG: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 118,221.118 2023 | yearly | 1981 - 2023 |
View Nigeria's NG: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) from 1981 to 2023 in the chart:
Nigeria NG: GDP: USD: Gross Value Added at Factor Cost
NG: GDP: USD: Gross Value Added at Factor Cost data was reported at 371.887 USD bn in 2017. This records a decrease from the previous number of 400.369 USD bn for 2016. NG: GDP: USD: Gross Value Added at Factor Cost data is updated yearly, averaging 45.057 USD bn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 561.603 USD bn in 2014 and a record low of 15.096 USD bn in 1993. NG: GDP: USD: Gross Value Added at Factor Cost data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 371,886.94 2017 | yearly | 1981 - 2017 |
View Nigeria's Nigeria NG: GDP: USD: Gross Value Added at Factor Cost from 1981 to 2017 in the chart:
Nigeria NG: GDP: USD: Gross Value Added at Factor Cost: Agriculture
NG: GDP: USD: Gross Value Added at Factor Cost: Agriculture data was reported at 78.330 USD bn in 2017. This records a decrease from the previous number of 84.909 USD bn for 2016. NG: GDP: USD: Gross Value Added at Factor Cost: Agriculture data is updated yearly, averaging 14.339 USD bn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 113.644 USD bn in 2014 and a record low of 5.118 USD bn in 1993. NG: GDP: USD: Gross Value Added at Factor Cost: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 78,330.26 2017 | yearly | 1981 - 2017 |
View Nigeria's Nigeria NG: GDP: USD: Gross Value Added at Factor Cost: Agriculture from 1981 to 2017 in the chart:
Nigeria NG: GDP: USD: Gross Value Added at Factor Cost: Industry
NG: GDP: USD: Gross Value Added at Factor Cost: Industry data was reported at 83.873 USD bn in 2017. This records an increase from the previous number of 73.538 USD bn for 2016. NG: GDP: USD: Gross Value Added at Factor Cost: Industry data is updated yearly, averaging 23.909 USD bn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 140.099 USD bn in 2014 and a record low of 9.042 USD bn in 1993. NG: GDP: USD: Gross Value Added at Factor Cost: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 83,872.51 2017 | yearly | 1981 - 2017 |
View Nigeria's Nigeria NG: GDP: USD: Gross Value Added at Factor Cost: Industry from 1981 to 2017 in the chart:
Nigeria NG: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing
NG: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data was reported at 32.848 USD bn in 2017. This records a decrease from the previous number of 35.123 USD bn for 2016. NG: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data is updated yearly, averaging 11.408 USD bn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 54.779 USD bn in 2014 and a record low of 4.884 USD bn in 1993. NG: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 32,847.73 2017 | yearly | 1981 - 2017 |
View Nigeria's Nigeria NG: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing from 1981 to 2017 in the chart:
Nigeria NG: GDP: USD: Gross Value Added at Factor Cost: Services
NG: GDP: USD: Gross Value Added at Factor Cost: Services data was reported at 209.684 USD bn in 2017. This records a decrease from the previous number of 241.922 USD bn for 2016. NG: GDP: USD: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 40.507 USD bn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 307.860 USD bn in 2014 and a record low of 12.233 USD bn in 1993. NG: GDP: USD: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 209,684.18 2017 | yearly | 1981 - 2017 |
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Nigeria NG: GDP: USD: Imports of Goods and Services
NG: GDP: USD: Imports of Goods and Services data was reported at 46.553 USD bn in 2016. This records a decrease from the previous number of 51.312 USD bn for 2015. NG: GDP: USD: Imports of Goods and Services data is updated yearly, averaging 6.892 USD bn from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 88.378 USD bn in 2011 and a record low of 665.719 USD mn in 1962. NG: GDP: USD: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 46,552.90 2016 | yearly | 1960 - 2016 |
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Nigeria NG: GDP: USD: Net Current Transfer from Abroad
NG: GDP: USD: Net Current Transfer from Abroad data was reported at 21.960 USD bn in 2017. This records an increase from the previous number of 19.832 USD bn for 2016. NG: GDP: USD: Net Current Transfer from Abroad data is updated yearly, averaging 1.323 USD bn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 22.039 USD bn in 2013 and a record low of -482.600 USD mn in 1986. NG: GDP: USD: Net Current Transfer from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 21,959.88 2017 | yearly | 1981 - 2017 |
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Nigeria NG: GDP: USD: Net Income from Abroad
NG: GDP: USD: Net Income from Abroad data was reported at -11.493 USD bn in 2017. This records a decrease from the previous number of -8.699 USD bn for 2016. NG: GDP: USD: Net Income from Abroad data is updated yearly, averaging -2.153 USD bn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of -21.140 USD mn in 1961 and a record low of -25.521 USD bn in 2013. NG: GDP: USD: Net Income from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| -11,492.58 2017 | yearly | 1960 - 2017 |
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Nigeria NG: GDP: USD: Net Taxes on Product
NG: GDP: USD: Net Taxes on Product data was reported at 3.884 USD bn in 2017. This records a decrease from the previous number of 4.284 USD bn for 2016. NG: GDP: USD: Net Taxes on Product data is updated yearly, averaging 1.790 USD bn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 6.896 USD bn in 2014 and a record low of 692.541 USD mn in 1993. NG: GDP: USD: Net Taxes on Product data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 3,883.77 2017 | yearly | 1981 - 2017 |
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Nigeria NG: GDP: USD: per Capita
NG: GDP: USD: per Capita data was reported at 1,968.558 USD in 2017. This records a decrease from the previous number of 2,175.673 USD for 2016. NG: GDP: USD: per Capita data is updated yearly, averaging 347.520 USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 3,221.678 USD in 2014 and a record low of 92.962 USD in 1960. NG: GDP: USD: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Nominal. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 1,968.56 2017 | yearly | 1960 - 2017 |
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Nigeria NG: GDP: per Capita
NG: GDP: per Capita data was reported at 601,963.875 NGN in 2017. This records an increase from the previous number of 551,511.461 NGN for 2016. NG: GDP: per Capita data is updated yearly, averaging 2,048.096 NGN from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 601,963.875 NGN in 2017 and a record low of 66.403 NGN in 1960. NG: GDP: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 601,963.88 2017 | yearly | 1960 - 2017 |
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NG: Gross National Income: Linked Series
NG: Gross National Income: Linked Series data was reported at 229,914,343.459 NGN mn in 2023. This records an increase from the previous number of 196,853,340.644 NGN mn for 2022. NG: Gross National Income: Linked Series data is updated yearly, averaging 96,856,387.107 NGN mn from Dec 2008 (Median) to 2023, with 16 observations. The data reached an all-time high of 229,914,343.459 NGN mn in 2023 and a record low of 34,889,812.830 NGN mn in 2008. NG: Gross National Income: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;
| Last | Frequency | Range |
|---|---|---|
| 229,914,343.459 2023 | yearly | 2008 - 2023 |