Nigeria Economic Dashboard
2000 to 2024 -- World Bank Data
WORLD BANK DATA
2024 Indicators
GDP per Capita
$2,325
▲ +$903 since 2000
Headline Inflation
33.2%
▲ +26.3pp since 2000
Exchange Rate
₦1,479
▲ +1,377 NGN per USD since 2000
Food Inflation
40.9%
▲ +36.0pp since 2000
⚡ Key Insight
Nigeria's real economy grew every year from 2020 to 2024. But the Naira's 129% devaluation made dollar GDP collapse from $647B to $252B. The pain was a currency story, not an economic one.
GDP per Capita
Constant USD -- 2000 to 2024
GROWTH
Headline Inflation
Annual % -- 2000 to 2024
VOLATILE
Exchange Rate
NGN per USD -- 2000 to 2024
CRITICAL
Food Inflation
Annual % -- 2000 to 2024
IMPACT