Nigeria 2014
Detailed economic analysis and indicators for 2014
Key Economic Indicators (2014)
GDP (Current USD)
$574.18 billion
↑ 10.40% vs 2013GDP per Capita
$3,088.72
↑ 7.52% vs 2013GDP Growth (Annual %)
6.31%
↓ 0.36pp vs 2013Inflation Rate (CPI %)
8.05%
↓ 0.45pp vs 2013Year-over-Year Comparison
| Indicator | 2013 | 2014 | Change |
|---|---|---|---|
| GDP (Current USD) | $520.12 billion | $574.18 billion | +10.40% |
| GDP per Capita | $2,872.79 | $3,088.72 | +7.52% |
| GDP Growth (Annual %) | 6.67% | 6.31% | -0.36pp |
| Inflation (CPI %) | 8.50% | 8.05% | -0.45pp |
| Unemployment Rate (%) | 3.71% | 3.90% | +0.19pp |
All Economic Indicators (2014)
National Accounts
- GDP (Current USD)
- $574.18 billion
- GDP per Capita
- $3,088.72
- GDP Growth (Annual %)
- 6.31%
- Gross National Income
- $555.02 billion
Prices & Employment
- Inflation (CPI %)
- 8.05%
- Inflation (GDP Deflator %)
- 4.66%
- Unemployment Rate (%)
- 3.90%
- Interest Rate (Real %)
- 11.36%
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)
- 0.16%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2014, Nigeria's Gross Domestic Product (GDP) is $574.18 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Nigeria for 2014 is $3,088.72. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Nigeria for 2014 is 8.05%. This measures the annual percentage change in the cost of consumer goods and services.
Nigeria's annual GDP growth rate for 2014 is 6.31%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Nigeria for 2014 is 3.90%. This represents the percentage of the labor force that is unemployed and actively seeking employment.