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 2024-Q1. This marks an increase of 3.24 percent.
Sample. There are 58 data points overall in the quarterly series presented in the plot above. The series covers the span of time stretching from March 2010 to June 2024.
History. Here's a snapshot of a few simple statistics we computed on the whole sample: GDP had an average value of 31,718,796,458,350 units of local currency; it recorded a bottom of 12,790,378,370,741 in March 2010; it attained a maximum of 67,668,484,205,273 in December 2023.
Latest values
| Date | Value - Units of local currency |
|---|---|
| 2023-12-31 | 67668484205272.6 |
| 2024-03-31 | 60276874107434.9 |
| 2024-06-30 | 62232719777460.9 |
Suggestion. An advantage of using FetchSeries is that we publish accurate metadata. Check it below to better understand the characteristics of the time series that you use in your work.
Not for investment purposes. Data and analyses found on this web site are not meant for investment purposes or any other financial decision. Users should consult professional advice and perform their own independent due diligence before making any financial commitments.
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.