Sunday, July 3, 2022

Richest States in Nigeria by GDP

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Adetunji Matthew
Adetunji Matthewhttp://www.aidthestudent.com
I’m Adetunji Matthew, an Economist, Social Media Manager, software Developer/Marketer Sales Consultant, and Ecompreneur. I’m popularly known as “Matt” As an artist and designer, I aim to create something brilliant daily. Eager to learn more, I use my free time to get better at w hat interests me, whether it's researching, teaching, or even something entirely new.
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Nigeria has the largest economy in Africa by Gross domestic product (GDP). With over-dependence on oil and a very large population, the country still struggles despite its comfortable lead.

In this article, we look at the richest states in Nigeria by Gross Domestic Product (GDP).

Also Read: 10 things to know before starting a business in Nigeria

What is Gross Domestic Product (GDP)?
Gross domestic product mostly known as GDP is the measure in monetary value of final goods and services produced by an entity.

The states are listed by their GDP from the highest to the lowest.

RankStateGDP
(millions of U$)
1LagosUS$33,679
2RiversUS$21,073
3DeltaUS$16,749
4OyoUS$16,121
5ImoUS$14,212
6KanoUS$12,393
7EdoUS$11,888
8Akwa IbomUS$11,179
9OgunUS$10,470
10KadunaUS$10,334
11Cross RiverUS$9,292
12AbiaUS$8,687
13OndoUS$8,414
14OsunUS$7,280
15BenueUS$6,864
16AnambraUS$6,764
17KatsinaUS$6,022
18NigerUS$6,002
19BornoUS$5,175
20PlateauUS$5,154
21SokotoUS$4,818
22BauchiUS$4,713
23KogiUS$4,642
24AdamawaUS$4,582
25EnuguUS$4,396
26BayelsaUS$4,337
27ZamfaraUS$4,123
28KwaraUS$3,841
29TarabaUS$3,397
30KebbiUS$3,290
31NassarawaUS$3,022
32JigawaUS$2,988
33EkitiUS$2,848
34EbonyiUS$2,732
35GombeUS$2,501
36YobeUS$2,011

The ranking is based on 2010 GDP

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