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Nigeria

Sub-Saharan Africa Lower middle income Abuja

Nigeria posted GDP of $290.79B in 2025. Population stands at 237.53M, while GDP per capita reaches $1,224.25. Latest available inflation is 23.01%, and unemployment is 3.06%.

Quick facts

GDP (current US$) $290.79B 2025 Population, total 237.53M 2025 GDP per capita (current US$) $1,224.25 2025 Inflation, consumer prices (annual %) 23.01% 2025 Life expectancy at birth, total (years) 54.64 years 2024 Unemployment, total (% of total labor force) (modeled ILO estimate) 3.06% 2025 GDP growth (annual %) 4.01% 2025

Population, total

Open ranking
237.53M
2025

Population, total increased from 45.05M in 1960 to 237.53M in 2025, a gain of 192.47M.

GDP (current US$)

Open ranking
$290.79B
2025

GDP (current US$) increased from $4.20B in 1960 to $290.79B in 2025, a gain of $286.60B.

Inflation, consumer prices (annual %)

Open ranking
23.01%
2025

Inflation, consumer prices (annual %) increased from 5.44% in 1960 to 23.01% in 2025, a gain of 17.57%.

Life expectancy at birth, total (years)

Open ranking
54.64 years
2024

Life expectancy at birth, total (years) increased from 37.21 years in 1960 to 54.64 years in 2024, a gain of 17.43 years.

Country takeaways

  • Nigeria posts $290.79B for GDP (current US$) in 2025; global position: #49.
  • Nigeria posts 237.53M for Population, total in 2025; global position: #6.
  • Nigeria posts $1,224.25 for GDP per capita (current US$) in 2025; global position: #166.
  • Nigeria posts 23.01% for Inflation, consumer prices (annual %) in 2025; global position: #160.

Trend interpretation

  • Population, total increased from 45.05M in 1960 to 237.53M in 2025, a gain of 192.47M.
  • GDP (current US$) increased from $4.20B in 1960 to $290.79B in 2025, a gain of $286.60B.
  • Inflation, consumer prices (annual %) increased from 5.44% in 1960 to 23.01% in 2025, a gain of 17.57%.
  • Life expectancy at birth, total (years) increased from 37.21 years in 1960 to 54.64 years in 2024, a gain of 17.43 years.

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