Real GDP in local currency (units of local currency; seasonally unadjusted) - Nigeria - IMF - Quarterly
This series is part of the dataset: Real GDP by country (IMF)
Download Full Dataset (.xlsx)Latest updates. In Nigeria, seasonally-unadjusted real GDP was 18,480,670,814,662 units of local currency in 2024-Q2, compared to 18,497,171,675,288 in the previous quarter. This represents a reduction of 0.09 percent.
Sample. There are 58 records in the quarterly series shown in the figure above. The time span covered by the series stretches from March 2010 to June 2024.
History. Here's a peek at a few statistics computed on the whole sample: GDP peaked at 22,111,117,546,533 units of local currency in December 2023; it reached a trough of 12,790,378,370,741 in March 2010; it had an average value of 17,092,681,327,576.
Latest values
| Date | Value - Units of local currency |
|---|---|
| 2023-12-31 | 22111117546533.2 |
| 2024-03-31 | 18497171675288.1 |
| 2024-06-30 | 18480670814662.2 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Real Gross Domestic Product (GDP) in domestic currency |
| Country | Nigeria |
| Economic concept | Flow |
| Data type | Real aggregate |
| Seasonally adjusted | No |
| Deflation method | Constant prices |
| Rescaling | None |
| Measure type | Level |
| Frequency | Quarterly |
| Unit | Units of local currency |
| Source | International Monetary Fund |
| Source type | International organization |
| Data licence | Free reuse subject to conditions |
| Other information | Not available |
| FSR temporal aggregation code | SM03 |
Series in the same data set
Discover the other time series included in this data set.