World Bank WITS · updated 2026-10-03 · 167 economies tracked
4.49 (2023)
##58 of 167 economies
1.2×
2.02×
1 = global #1 · higher value ranks higher
Real annual global ranks, 1988 - 2023. Nigeria climbed from #64 to #58 (overtook Dominican Republic). Gaps in a lane = missing data that year.
Key events for Nigeria ↓Auto-detected from rank data + curated milestones
First recession in 25 years as crude prices collapse.
Dual pandemic and oil shock push GDP down.
Petrol subsidy cut and currency reforms spark inflation.
Total value of exports, Exports - Trade Value (US$ Thousand), Total value of imports, Imports - Trade Value (US$ Thousand)
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