Nigerian Gross Domestic Product Report (Q4 & Full Year 2020)

Nigerian Gross Domestic Product Report (Q4 & FULL YEAR 2020)

Nigeria Gross Domestic Product (GDP) grew by 0.11%(year-on-year) in real terms in the fourth quarter of 2020, representing the first positive quarterly growth in the last three quarters. Though weak, the positive growth reflects the gradual return of economic activities following the easing of restricted movements and limited local and international commercial activities in the preceding quarters.

Data source: National Bureau of Statistics