Economy of Nigeria
GDP, industries, trade data, and economic indicators
GDP
$477,390M
USD (nominal)
GDP per Capita
$2,184
USD per person
GDP Growth
+3.3%
Annual rate
HDI Score
0.535
Rank #163 worldwide
Unemployment
33.3%
Of labor force
Inflation
18.8%
Consumer prices
GDP per Capita Comparison
Nigeria
$2,184
United States (reference)
$76,330
Nigeria's GDP per capita is 2.9% of the US level.
Major Industries
Petroleum
Agriculture
Telecommunications
Finance
Mining
International Trade
Top Exports
- 1 Petroleum
- 2 Cocoa
- 3 Rubber
- 4 Urea
- 5 LNG
Top Imports
- 1 Machinery
- 2 Chemicals
- 3 Vehicles
- 4 Food Products
- 5 Petroleum Products
Top Trade Partners
Currency
Nigerian Naira
Currency code: NGN
Human Development Index (HDI)
#163
World Ranking
HDI Score: 0.535
Low Development
0.0
0.55
0.70
0.80
1.0
Frequently Asked Questions
What is the GDP of Nigeria?
The GDP of Nigeria is approximately $477,390 million USD.
What are the major industries in Nigeria?
The major industries in Nigeria include Petroleum, Agriculture, Telecommunications, Finance, Mining.
What currency does Nigeria use?
Nigeria uses the Nigerian Naira (NGN).
What is the unemployment rate in Nigeria?
The unemployment rate in Nigeria is approximately 33.3%.
What does Nigeria export?
Nigeria's top exports include Petroleum, Cocoa, Rubber, Urea, LNG.