Lagos state has emerged as Nigeria’s largest economy based on Gross Domestic Product (GDP).
The state, boasting of ₦41.17 trillion, is followed by Rivers, Akwa Ibom, Imo state, and Delta states.
Anambra, Ondo, and Ogun states trailed behind ₦5.14 trillion, ₦5.10trn, and ₦5.03trn respectively.
According to the report compiled by BudgIT, Imo and Anambra state have drastically increased their GDP compared to other states because of the growing natural Gas exploitation.
Gross Domestic Product (GDP) measures the monetary value of final goods and services, those bought by the final user and produced in a region/country/state over a given period of time.
Below is the full list of the 36 states in Nigeria, ranked according to their economies and developed infrastructure.
- Lagos: ₦41.17trn
- Rivers: ₦7.96trn
- Akwa Ibom: ₦7.77trn
- Imo: ₦7.68trn
- Delta: ₦6.19trn
- Anambra: ₦5.14trn
- Ondo: ₦5.10trn
- Ogun: ₦5.03trn
- Bayelsa: ₦4.63trn
- Niger: ₦4.58trn
- Kaduna: ₦4.31trn
- Benue: ₦4.27trn
- Kano: ₦4.20trn
- Cross River: ₦4.07trn
- Edo: ₦3.99trn
- Kogi: ₦3.69trn
- Oyo: ₦3.65trn
- Abia:₦3.53trn
- Katsina: ₦3.32trn
- Sokoto: ₦2.85trn
- Adamawa: ₦2.66trn
- Bauchi: ₦2.63trn
- Ekiti: ₦2.35trn
- Osun: ₦2.30trn
- Ebonyi: ₦2.24trn
- Jigawa: ₦2.16trn
- Gombe: ₦2.10trn
- Taraba: ₦2.04trn
- Borno: ₦1.96trn
- Nasarawa: ₦1.86trn
- Kebbi: ₦1.80trn
- Zamfara: ₦1.73trn
- Plateau: ₦1.50trn
- Enugu: ₦1.45trn
- Kwara: ₦1.38trn
- Yobe: ₦1.09trn