Nigeria 2019
Detailed economic analysis and indicators for 2019
Key Economic Indicators (2019)
GDP (Current USD)
$474.52 billion
↑ 12.51% vs 2018GDP per Capita
$2,265.16
↑ 10.07% vs 2018GDP Growth (Annual %)
2.21%
↑ 0.29pp vs 2018Inflation Rate (CPI %)
11.40%
↓ 0.70pp vs 2018Year-over-Year Comparison
| Indicator | 2018 | 2019 | Change |
|---|---|---|---|
| GDP (Current USD) | $421.74 billion | $474.52 billion | +12.51% |
| GDP per Capita | $2,057.88 | $2,265.16 | +10.07% |
| GDP Growth (Annual %) | 1.92% | 2.21% | +0.29pp |
| Inflation (CPI %) | 12.10% | 11.40% | -0.70pp |
| Unemployment Rate (%) | 5.07% | 5.21% | +0.14pp |
All Economic Indicators (2019)
National Accounts
- GDP (Current USD)
- $474.52 billion
- GDP per Capita
- $2,265.16
- GDP Growth (Annual %)
- 2.21%
- Gross National Income
- $465.36 billion
Prices & Employment
- Inflation (CPI %)
- 11.40%
- Inflation (GDP Deflator %)
- 10.38%
- Unemployment Rate (%)
- 5.21%
- Interest Rate (Real %)
- 4.52%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -2.88%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2019, Nigeria's Gross Domestic Product (GDP) is $474.52 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Nigeria for 2019 is $2,265.16. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Nigeria for 2019 is 11.40%. This measures the annual percentage change in the cost of consumer goods and services.
Nigeria's annual GDP growth rate for 2019 is 2.21%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Nigeria for 2019 is 5.21%. This represents the percentage of the labor force that is unemployed and actively seeking employment.