Nigeria’s GDP grew by 2.28% to N37.8trn in 3rd quarter 2019

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Tribune Online
Nigeria’s GDP grew by 2.28% to N37.8trn in 3rd quarter 2019

GDP

Nigeria’s gross domestic product (GDP) grew by 2.28 per cent by the end of the third quarter of 2019 when compared to the third quarter of 2018 which recorded a growth of 1.81%.

According to GDP report for the quarter released Friday morning by the National Bureau of Statistics (NBS), real GDP growth rate observed in the third quarter of 2019 indicates an increase of 0.47% points.

“Relative to the second quarter of 2019, which recorded a growth rate of 2.12%, Q3 2019 represents an increase of 0.17% points.”

Viewed on a quarter on quarter basis, however, real GDP grew by 9.23% when compared to the second…



Source: Nigerian Tribune