GDP Rebasing: Nigeria’s Gross Domestic Product Rebased To ₦205tn

Описание: Nigeria’s Gross Domestic Product (GDP) as of 2019 has been rebased to 205 trillion naira.

This is according the Statistician General of the Federation, Adeyemi Adeniran.

The figure, according to him, showed an increase of 41.7 percent compared to the figures obtained during the 2014 GDP rebasing exercise.

Adeniran said top five performing sectors include crop production, trade, real estate, telecommunications and the oil and gas.

The recent rebasing covered the period between 2019 to 2023, using 2019 as the new base year.

Meanwhile, the GDP at current prices stood at 372.8 trillion naira in 2024, after the base year for calculating the figure was shifted to 2019.

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