The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.

GDP is a measure of flow, not a balance sheet of assets and liabilities. It measures new lumber, gasoline or steel cranked out, but is not adjusted for trees cut down, oil pumped or iron ore mined.

The advance estimate for real GDP growth fell at an annualized pace of 0.3 percent in the first quarter. All (plus more) of the decline can be attributed to a surge in imports in advance of tariffs.

The National Bureau of Statistics (NBS) has revealed a significant 41.7% surge in Nigeria’s nominal GDP for 2019, following a ...

The National Bureau of Statistics has said that Nigeria’s Gross Domestic Product (GDP) stood at N372.8 trillion in 2024, after ...

Statscan will release February GDP data at 8:30 a.m. EDT (1230 GMT) on April 30. GDP edged up by 0.1 percent in January.

Real estate accounted for 5.43 percent of real GDP in the third quarter of 2024, even though this was slightly lower than the 5.58 per cent contribution in the same period of 2023.