MultiEducator · Nation by Nation
HistoryCentral Est. 1996
Flag of Nigeria
flag — Nigeria
Nation by Nation

Nigeria

Economy

$252.3 billion
GDP
World Bank · 2024
$1,084
GDP / Capita
World Bank · 2024
+4.1%
GDP Growth
World Bank · 2024
3.0%
Unemployment
World Bank · 2024

Nigeria is Africa's most populous nation and one of its largest economies, an oil giant whose petroleum provides most export earnings and government revenue, yet whose wealth is poorly shared.

Beyond oil, Nigeria has a vibrant private sector — including the globally famous 'Nollywood' film industry and a booming tech scene — but struggles with inflation, fuel-subsidy reform, insecurity, and corruption.

Key Sectors

Key sectors include oil and gas (the economic mainstay), agriculture (which employs most workers), a large services and telecoms sector, film and entertainment (Nollywood), and a fast-growing fintech industry.

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