Nigeria 2011
Detailed economic analysis and indicators for 2011
Key Economic Indicators (2011)
GDP (Current USD)
$414.47 billion
↑ 12.94% vs 2010GDP per Capita
$2,418.41
↑ 9.82% vs 2010GDP Growth (Annual %)
5.31%
↓ 2.70pp vs 2010Inflation Rate (CPI %)
10.83%
↓ 2.91pp vs 2010Year-over-Year Comparison
| Indicator | 2010 | 2011 | Change |
|---|---|---|---|
| GDP (Current USD) | $366.99 billion | $414.47 billion | +12.94% |
| GDP per Capita | $2,202.26 | $2,418.41 | +9.82% |
| GDP Growth (Annual %) | 8.01% | 5.31% | -2.70pp |
| Inflation (CPI %) | 13.74% | 10.83% | -2.91pp |
| Unemployment Rate (%) | 3.75% | 3.77% | +0.02pp |
All Economic Indicators (2011)
National Accounts
- GDP (Current USD)
- $414.47 billion
- GDP per Capita
- $2,418.41
- GDP Growth (Annual %)
- 5.31%
- Gross National Income
- $391.49 billion
Prices & Employment
- Inflation (CPI %)
- 10.83%
- Inflation (GDP Deflator %)
- 9.78%
- Unemployment Rate (%)
- 3.77%
- Interest Rate (Real %)
- 5.69%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 2.57%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2011, Nigeria's Gross Domestic Product (GDP) is $414.47 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Nigeria for 2011 is $2,418.41. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Nigeria for 2011 is 10.83%. This measures the annual percentage change in the cost of consumer goods and services.
Nigeria's annual GDP growth rate for 2011 is 5.31%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Nigeria for 2011 is 3.77%. This represents the percentage of the labor force that is unemployed and actively seeking employment.