Nigeria 2022
Detailed economic analysis and indicators for 2022
Key Economic Indicators (2022)
GDP (Current USD)
$477.40 billion
↑ 8.30% vs 2021GDP per Capita
$2,139.37
↑ 6.05% vs 2021GDP Growth (Annual %)
3.25%
↓ 0.40pp vs 2021Inflation Rate (CPI %)
18.85%
↑ 1.89pp vs 2021Year-over-Year Comparison
| Indicator | 2021 | 2022 | Change |
|---|---|---|---|
| GDP (Current USD) | $440.83 billion | $477.40 billion | +8.30% |
| GDP per Capita | $2,017.27 | $2,139.37 | +6.05% |
| GDP Growth (Annual %) | 3.65% | 3.25% | -0.40pp |
| Inflation (CPI %) | 16.95% | 18.85% | +1.89pp |
| Unemployment Rate (%) | 5.45% | 3.82% | -1.63pp |
All Economic Indicators (2022)
National Accounts
- GDP (Current USD)
- $477.40 billion
- GDP per Capita
- $2,139.37
- GDP Growth (Annual %)
- 3.25%
- Gross National Income
- $464.53 billion
Prices & Employment
- Inflation (CPI %)
- 18.85%
- Inflation (GDP Deflator %)
- 11.31%
- Unemployment Rate (%)
- 3.82%
- Interest Rate (Real %)
- 0.92%
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)
- 0.21%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2022, Nigeria's Gross Domestic Product (GDP) is $477.40 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Nigeria for 2022 is $2,139.37. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Nigeria for 2022 is 18.85%. This measures the annual percentage change in the cost of consumer goods and services.
Nigeria's annual GDP growth rate for 2022 is 3.25%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Nigeria for 2022 is 3.82%. This represents the percentage of the labor force that is unemployed and actively seeking employment.