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NIGERIAUSD/NGN official ₦1,346.86USD/NGN parallel ₦1,385sellEUR/NGN ₦1,503.77crossGBP/NGN ₦1,802.77crossReserves $55.07bn9 Oct364-day T-bill 15.80%▼ from 15.85%91-day T-bill 15.40%MPR 23.00%-3.50 ptsInflation 14.63%▼ 0.76ppGDP Q2 4.43%NGX ASI 252,882.78▲ 1.65%NGX mkt cap ₦164.19trnGLOBALCrude oil $99.70▼ 4.25%Gold $3,910.60▲ 0.30%EUR/USD 1.1165▲ 0.68%GBP/USD 1.3385▲ 0.40%US 10-yr 4.91%0.00S&P 500 7,580.07▼ 1.82%FTSE 100 10,720.07▼ 0.09%
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African Economic Comparison

How African economies compare

Compare growth, prices, debt, trade and living standards across African economies, using the same international sources for each.

Economic profile

Nigeria at a glance

Latest official figures for Nigeria

The World Bank figures above can lag by a year or more. These are the most recent releases from the NBS, the CBN and the NGX, updated every business day.

Headline inflation (y/y) 14.63% NBS · Sep 2026 ▼ 0.76 pp vs Aug
Monetary policy rate 23.00% CBN MPC · 22 Sep 2026 Reset from 26.5%
Real GDP growth (y/y) 4.43% NBS · Q2 2026 Accelerating
Naira / US$ (NFEM) ₦1,346.86 Official window · 30 Oct 2026 Parallel ~₦1,385
NGX All-Share Index 252,882.78 Close · 28 Oct 2026 ▲ 1.65% on day

Where it is

Highlighted in red; other countries in the same World Bank region in grey.

World map

Click a country to open its profile. Grey means no data for that year.

Trend

Economic structure

Trade

Peer comparison

World ranking

RankCountryRegionValue
Sources and notes
African Economic Comparison

Charts and historical trends

Choose a time range, hover for values, and download the data behind each chart.

Comparisons

How Nigeria compares

Latest available year for each country, from the same international source. Nigeria is highlighted.

GDPUS$ · World Bank WDI
  • South Africa$427.2bn 2025
  • Egypt$365.3bn 2025
  • Nigeria$290.8bn 2025
  • Morocco$182.4bn 2025
  • Kenya$135.9bn 2025
  • Ethiopia$126.4bn 2025
  • Ghana$114.2bn 2025
  • Côte d'Ivoire$99.8bn 2025
  • Senegal$37.0bn 2025
  • Rwanda$16.4bn 2025
GDP growth% · World Bank WDI
  • Ethiopia9.8% 2025
  • Rwanda9.4% 2025
  • Senegal6.7% 2025
  • Côte d'Ivoire6.5% 2025
  • Ghana6.0% 2025
  • Kenya4.6% 2025
  • Morocco4.6% 2025
  • Egypt4.4% 2025
  • Nigeria4.0% 2025
  • South Africa1.1% 2025
GDP per capitaUS$ · World Bank WDI
  • South Africa$6,598 2025
  • Morocco$4,672 2025
  • Ghana$3,257 2025
  • Egypt$3,086 2025
  • Côte d'Ivoire$3,050 2025
  • Kenya$2,363 2025
  • Senegal$1,955 2025
  • Nigeria$1,224 2025
  • Rwanda$1,124 2025
  • Ethiopia$933 2025
Inflation (consumer prices)% · World Bank WDI
  • Nigeria23.0% 2025
  • Ghana14.2% 2025
  • Egypt14.1% 2025
  • Ethiopia13.2% 2025
  • Rwanda5.9% 2025
  • Kenya4.1% 2025
  • South Africa3.2% 2025
  • Senegal1.5% 2025
  • Morocco0.7% 2025
  • Côte d'Ivoire0.1% 2025
Unemployment (ILO estimate)% · World Bank WDI
  • South Africa32.4% 2025
  • Rwanda11.4% 2025
  • Morocco9.0% 2025
  • Egypt6.8% 2025
  • Kenya5.4% 2025
  • Ethiopia3.3% 2025
  • Nigeria3.1% 2025
  • Ghana3.0% 2025
  • Senegal2.7% 2025
  • Côte d'Ivoire2.3% 2025
Government gross debt% of GDP · IMF WEO
  • Senegal127.7% 2025
  • Egypt84.0% 2026
  • South Africa78.0% 2026
  • Kenya72.9% 2026
  • Morocco66.6% 2026
  • Rwanda63.4% 2026
  • Côte d'Ivoire57.8% 2026
  • Ghana51.7% 2026
  • Ethiopia40.7% 2026
  • Nigeria34.6% 2026
Total reserves (incl. gold)US$ · World Bank WDI
  • South Africa$76.0bn 2025
  • Egypt$48.9bn 2025
  • Morocco$48.5bn 2025
  • Nigeria$46.0bn 2025
  • Kenya$12.4bn 2025
  • Ghana$12.1bn 2025
  • Ethiopia$3.8bn 2024
  • Rwanda$2.0bn 2025
Foreign direct investment, net inflows% of GDP · World Bank WDI
  • Rwanda5.9% 2025
  • Egypt4.2% 2025
  • Ethiopia3.0% 2025
  • Côte d'Ivoire2.0% 2025
  • Morocco1.8% 2025
  • Ghana1.7% 2025
  • Nigeria1.4% 2025
  • Kenya0.8% 2025
  • Senegal0.1% 2025
  • South Africa-0.5% 2025
Trade (exports plus imports)% of GDP · World Bank WDI
  • Morocco93.1% 2025
  • Senegal71.1% 2025
  • Ghana69.0% 2024
  • South Africa60.9% 2025
  • Rwanda56.7% 2025
  • Côte d'Ivoire54.6% 2025
  • Egypt51.3% 2025
  • Kenya37.5% 2025
  • Ethiopia33.5% 2025
Populationpeople · World Bank WDI
  • Nigeria237.5m 2025
  • Ethiopia135.5m 2025
  • Egypt118.4m 2025
  • South Africa64.7m 2025
  • Kenya57.5m 2025
  • Morocco38.4m 2025
  • Ghana35.1m 2025
  • Côte d'Ivoire32.7m 2025
  • Senegal18.9m 2025
  • Rwanda14.6m 2025
Definitions and sources

What each indicator means

Definitions, units, how often each figure is published and who publishes it. Each chart shows its reference period.

IndicatorDefinitionUnitFrequencySource
GDP (current US$)Gross domestic product converted to US dollars at official exchange rates.US$AnnualWorld Bank WDI
GDP per capitaGDP divided by mid-year population.US$ per personAnnualWorld Bank WDI
Government gross debtAll liabilities of general government that require future payments.% of GDPAnnualIMF World Economic Outlook
Foreign direct investmentNet inflows of investment to acquire a lasting interest in enterprises.% of GDPAnnualWorld Bank WDI
Trade opennessExports plus imports of goods and services.% of GDPAnnualWorld Bank WDI
Methodology

How these figures are compiled

All comparisons use the same international sources for every country (World Bank World Development Indicators and IMF World Economic Outlook), so they can differ slightly from national figures. Each value shows its year; the latest year differs between countries.

Read our full methodology → · Data sources →

Related research

Analysis and publications on this topic

Related insights and publications will appear here as they are published. Browse all insights →

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