Nigeria s 2015 presidential election was the fifth in a row since the military left the political. Nigerias gross domestic product gdp, according to the latest report by the nigerian bureau of statistics nbs, recorded a real annual growth rate of 0. Graph and download economic data for real gdp at constant national prices for nigeria rgdpnanga666nrug from 1950 to 2017 about nigeria, real, gdp, and price. Hnlss of 2014 2015 to be conducted by the nbs with.
Navigating the rocky road ahead pwc s economic scenarios for 2015 and 2016 nigeria. Learn more about the nigeria economy, including the population of nigeria, gdp, facts, trade, business, inflation and other data and analysis on its economy from the index of economic freedom. The statistic shows the growth in real gdp in nigeria from 2014 to 2018, with projections up until 2024. Pdf sectoral contributions to nigerian gross domestic product. Real gdp growth across the manufacturing sector heavyweight. This research explores the effect of population growth on the economic growth of nigeria over the period of 1981 to 2015. Nigerian gross domestic product report estate intel.
As a result, the growth rate of real gdp was recorded at 6. Hci and gdp per capita ppp log scale, horizontal axis productivity relative to benchmark of complete education and full health. Nigerias gdp and population growth leadership newspaper. Pdf population growth and economic growth in nigeria. The statistic shows gross domestic product gdp in nigeria from 1994 to 2018, with projections up until 2024. The human capital index hci database provides data at the country level for each of the components of the human capital index as well as for the overall index, disaggregated by gender.
Article pdf available december 2015 with 391 reads. Nigerian gross domestic product report national bureau of. Real gross domestic product central bank of nigeria. Growth appeared to gather pace somewhat in the final quarter of 2019, after quickening activity in both the agricultural and industrial sectors propped up a modest expansion in the third quarter. Agricultures contribution to nigerias gross domestic product gdp rose marginally from 23. Sectoral contributions to nigerian gross domestic product using a var approach. The economy of nigeria is a middleincome, mixed economy and emerging market, with expanding manufacturing, financial, service, communications, technology and entertainment sectors. In 2018, nigerias real gross domestic product increased by. It is ranked as the 27thlargest economy in the world in terms of nominal gdp, and the 22ndlargest in terms of purchasing power parity. Data on gdp and exchange rate were obtained from central bank of nigeria.
Nigeria gross domestic product gdp growth rate 2024. Nigerian gross domestic national bureau of statistics. Nominal gdp growth was however lower relative to levels recorded in q4 of 2015 by 14. First quarter real gdp growth in africas largest economy contracted to 0. Nigeria economy gdp, inflation, cpi and interest rate. The economy is now on a slow track for the first half 2015 with around 3.
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