Nigeria’s Gross Domestic Product has grown by 2.38 percent in the fourth quarter of 2018. This is an increase of 0.27% points when compared to the fourth quarter of 2017, which recorded a growth rate of 2.11%.
It also indicates a rise of 0.55% points when compared with the growth rate recorded in Q3 2018. On a quarter on quarter basis, real GDP growth was 5.31%.
The fourth quarter growth performance implies that real GDP grew at an annual growth rate of 1.93% in 2018, compared to 0.82% recorded in 2017, an increase of 1.09% points.