Nominal GDP in local currency (units of local currency; seasonally unadjusted) - Nigeria - IMF - Quarterly
This series is part of the dataset: Nominal GDP by country (IMF)
Download Full Dataset (.xlsx)Latest updates. In Nigeria, seasonally-unadjusted nominal GDP was 62,232,719,777,461 units of local currency in 2024-Q2, compared to 60,276,874,107,435 in the previous quarter. This marks a rise of 3.24 percent.
Sample. In the quarterly series plotted above, there are a total of 58 records. The series covers the period going from March 2010 to June 2024.
History. Here's a peek at some descriptive statistics we calculated on the full sample: GDP reached its highest level of 67,668,484,205,273 units of local currency in December 2023; it hit a trough of 12,790,378,370,741 in March 2010; it had a mean value of 31,718,796,458,350.
Latest values
| Date | Value - Units of local currency |
|---|---|
| 2023-12-31 | 67668484205272.6 |
| 2024-03-31 | 60276874107434.9 |
| 2024-06-30 | 62232719777460.9 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Gross Domestic Product (GDP) in domestic currency |
| Country | Nigeria |
| Economic concept | Flow |
| Data type | Nominal aggregate |
| Seasonally adjusted | No |
| Deflation method | Current 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.