HistoryData

Share of World GDP: Nigeria

Nigeria's share of world gdp is currently 1.1% as of 2026. # Nigeria Share of World GDP Nigeria currently accounts for 1.

Current (2026)
1.1%
+1.1% y/y
Peak (2014)
1.2%
Low (1999)
0.7%
Source
IMF World Economic Outlook
19902026 · 41 pts

Share of World GDPNigeria

19902026

Share of World GDP — Nigeria
0.696%0.829%0.962%1.094%1.227%19902000201020202030LowPeak
Analysis# Nigeria Share of World GDP Nigeria currently accounts for 1.091% of global GDP in 2026, representing a 28.4% increase since 1990. The country reached its all-time peak of 1.227% in 2014 before declining over the subsequent decade. This peak-to-present gap of 0.136 percentage points reflects economic headwinds, though Nigeria remains substantially above its 1999 low of 0.696%, demonstrating long-term growth resilience. The 2014 peak marked the end of Nigeria's most expansive growth phase. Since then, the economy has stabilized around 1.06–1.13%, with recent years showing modest recovery from a 2021 trough of 1.056%. Projections suggest continued gradual strengthening through 2026, positioning Nigeria to consolidate its status as Africa's largest economy while gradually reclaiming lost ground against global economic output.

Historical Data

41 Rows
YearValueChange %
20301.1%+0.90%
20291.1%+0.81%
20281.1%+0.82%
20271.1%+0.73%
20261.1%+1.11%
20251.1%+0.84%
20241.1%+0.75%
20231.1%-0.09%
20221.1%+0.66%
20211.1%-6.63%
20201.1%+0.53%
20191.1%+1.72%
20181.1%-2.12%
20171.1%-2.84%
20161.2%-4.59%
20151.2%-0.65%
20141.2%+2.76%
20131.2%+1.96%
20121.2%+1.04%
20111.2%+1.05%
Show all 41 rows
YearValueChange %
20101.1%+5.81%
20091.1%+9.05%
20081.0%+4.30%
20071.0%+2.03%
20060.9%+1.41%
20050.9%+2.33%
20040.9%+5.02%
20030.9%+5.67%
20020.8%+11.55%
20010.7%+4.01%
20000.7%+0.43%
19990.7%-2.79%
19980.7%-0.28%
19970.7%-1.10%
19960.7%+0.28%
19950.7%-1.76%
19940.7%-2.51%
19930.8%-0.26%
19920.8%-8.23%
19910.8%-2.82%
19900.8%

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