GNI in local currency terms rose 17.7% to NGN 267,692 bil in Nigeria in 2024, according to the National Statistical Office.
Historically, GNI in local currency terms in Nigeria reached an all time high of NGN 267,692 bil in 2024 and an all time low of NGN 2.98 bil in 1960. When compared to Nigeria's main peers, GNI in local currency terms in Benin amounted to XOF 12,903 bil, XAF 30,563 bil in Cameroon, XAF 12,378 bil in Chad and XOF 11,700 bil in Niger in 2024.
Nigeria has been ranked 14th within the group of 162 countries we follow in terms of GNI in local currency terms.
| GNI (Local Currency) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Algeria | DZD bil | 22,198 | 22,623 | 20,555 | 24,661 | 31,293 | ||||||||||||||||
| Benin | XOF bil | 7,891 | 8,391 | 8,939 | 9,705 | 10,776 | ||||||||||||||||
| Burkina Faso | XOF bil | 8,547 | 8,980 | 9,846 | 10,411 | 11,246 | ||||||||||||||||
| Cameroon | XAF bil | 21,793 | 22,750 | 22,985 | 24,555 | 26,973 | ||||||||||||||||
| Central African Republic | XAF bil | 1,326 | 1,398 | 1,414 | 1,491 | 1,565 | ||||||||||||||||
| Chad | XAF bil | 8,422 | 8,631 | 8,507 | 9,259 | 11,006 | ||||||||||||||||
| Gabon | XAF bil | 8,751 | 9,088 | 8,348 | 9,456 | 11,872 | ||||||||||||||||
| Libya | LYD bil | 106 | 99.4 | 66.2 | 156 | 207 | ||||||||||||||||
| Mali | XOF bil | 11,030 | 11,590 | 11,489 | 12,297 | 13,468 | ||||||||||||||||
| Niger | XOF bil | 7,446 | 7,898 | 7,573 | 8,422 | 8,769 | ||||||||||||||||
| Nigeria | NGN bil | 125,643 | 142,827 | 152,551 | 172,647 | 196,909 | ||||||||||||||||
| Sudan | SDG bil | 1,242 | 1,858 | 3,844 | 12,861 | 28,155 | ||||||||||||||||
| Togo | XOF bil | 3,915 | 4,110 | 4,284 | 4,636 | 5,103 |
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