Nigeria

Nigeria climbed 4 places to 51st in 2025, but its US$290.8 billion economy remains well below its 2019 peak of US$668.2 billion. US$ GDP rose 15.3%, mostly exchange-rate and price effects, against real growth of 4.0%. Inflation ran at 23.0%.

Services make up 58.2% of output, agriculture 23.0% and industry 16.4%, with manufacturing at 8.3%. The 2nd-largest economy in Sub-Saharan Africa, Nigeria has 237.5 million people and GDP per capita of US$1,224, 173rd of 196; on a purchasing-power basis it ranks 37 places higher, at 136th, as local prices are low. Government gross debt was 36.1% of GDP. Output has grown 4.2 times in US$ terms since 2000, when it ranked 47th. It now sits between Kazakhstan and Algeria and is about the size of Nevada. The IMF projects GDP of US$542.2 billion by 2030, an 86% increase that would lift it to 43rd.