The International Monetary Fund (IMF) has projected a growth rate of 3.0% for Nigeria in 2025. This is according to the April 2025 Global Economic Outlook released by the Global lender on Tuesday.
This figure represents a downgrade from the growth rate of 3.2% projected for the country by the IMF in October 2024. Additionally, the organization also projects a 2.7% growth rate for Nigeria in 2026.
The global financial institution noted that while Nigeria faces significant challenges, particularly with inflation, forex volatility, and weak infrastructure, recent policy adjustments, such as the partial unification of exchange rates and removal of fuel subsidies, could enhance investor confidence and stimulate economic activity if properly implemented.
Global Economic Outlook
Due to the world economy entering a new era, amidst tariffs and rising uncertainty. IMF revised its global growth projection down to 2.8% in 2025, with trade growth slowing to just 1.7%. Inflation on the other hand is revised up by about 0.1 percentage point to 4.3% in 2025 and 3.6% in 2026.
