Nigeria: Percent of world GDP
(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series
Nigeria: Percent of world GDP: For that indicator, The World Bank provides data for Nigeria from 1980 to 2017. The average value for Nigeria during that period was 0.44 percent with a minumum of 0.11 percent in 1993 and a maximum of 1.49 percent in 1981. See the global rankings for that indicator or use the country comparator to compare trends over time.
Definition: We calculated the world GDP as the sum of the GDP of all countries expressed in current USD. The share of GDP is the GDP of a particular country as percent of the world GDP. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.