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 2024-Q1. This represents a reduction of 0.09 percent.
Sample. There are 58 records in the quarterly time series shown in the figure above. The series covers the time range stretching from March 2010 to June 2024.
History. Have a look at a few statistics computed on the entire sample: GDP averaged 17,092,681,327,576 units of local currency; it reached its highest level of 22,111,117,546,533 in December 2023; it recorded a bottom of 12,790,378,370,741 in March 2010.
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.