In 2025, Nigeria’s GDP is projected to be higher than the previous year

Key takeaways

  • Nigeria's GDP in 2025 is expected to grow faster than in 2024.
  • Nigeria's GDP growth rate has stayed below 3.5% since 2016, reaching 3.2% in 2024.
  • The federal government's 3.68% projection in 2025 is lower than its 2024 projection of 3.74%

In 2025, Nigeria's GDP is projected to maintain its growth trajectory at a faster rate than in 2024. However, the rate of growth diverges across institutions. Cardinal Stone, Cordros, and Meristem expect a growth rate of nearly 4%, which aligns with the federal government's budget estimate of 3.68%. However, the IMF, AfDB, Vestance, and Zedcrest expect GDP growth below 3.5%.

Source:

Individual organisations

Period:

2025
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