Suggestions




····

Nigeria ‘Sixth Biggest Contributor’ to Global Growth in 2026 – IMF

February 1, 2026
by

Nigeria is expected to rank as the world’s sixth-largest contributor to global economic growth in 2026, according to new data from the International Monetary Fund (IMF).

The IMF says Africa’s biggest economy will account for 1.5% of global real GDP growth next year, placing it ahead of countries such as Germany, Brazil and Indonesia.

In its latest outlook, the IMF said Nigeria’s performance reflects the growing weight of emerging markets in the global economy.
“Nigeria is projected to contribute 1.5% of global real GDP growth in 2026,” the IMF said.

Join our WhatsApp Channel

China is forecast to remain the biggest driver of global growth, contributing 26.6%, followed by India at 17% and the United States at 9.9%. Together, China and India are expected to generate 43.6% of global growth.

Other countries in the top ten include Indonesia (3.8%), Türkiye (2.2%), Saudi Arabia (1.7%), Vietnam (1.6%), Brazil (1.5%) and Germany (0.9%).

The IMF also said the Asia-Pacific region will dominate global growth, accounting for nearly half of total expansion worldwide.

Ghana Begins IMF Programme Exit as Economic Recovery Gains Momentum

FG, IMF in Talks to Develop Transparent Fuel Price Framework, Strengthen Fiscal Resilience

Nigeria Trails Behind as Smaller African Economies Lead IMF Growth Rankings

Despite inflation, currency pressures and slow global demand, the IMF said Nigeria remains a key driver among emerging economies.
“Nigeria’s ranking shows its continued relevance in shaping global economic trends,” the IMF noted.

+ posts

Prosper Okoye is a Correspondent and Research Writer at Prime Business Africa, a Nigerian journalist with experience in development reporting, public affairs, and policy-focused storytelling across Africa

Prosper Okoye

Prosper Okoye is a Correspondent and Research Writer at Prime Business Africa, a Nigerian journalist with experience in development reporting, public affairs, and policy-focused storytelling across Africa

Leave a Reply

Your email address will not be published.

Related Posts

Previous Story

Is Nigeria’s Christian Faith Embracing Tattoo Culture?

King Charles Launches Unemployment Scheme In Nigeria
Next Story

King Charles Under Pressure to Apologise for Britain’s Role in Slavery

Featured Stories

Related Posts

Latest from Finance & Economy

Nigeria Seeks Foreign Crude Supply for Dangote Refinery

The Nigerian government is exploring plans to supply crude oil to the Dangote Petroleum Refinery through international third-party traders as it seeks to stabilise domestic fuel supply amid rising petrol prices, officials and industry sources said. The move, coordinated by the state

Manufacturers Call for Natural Gas Shift to Maximise Production

Manufacturers in southeast Nigeria have urged a shift from diesel to natural gas to lower soaring energy costs and boost industrial growth, warning that unreliable and expensive power supply threatens the survival of factories. Adaora Chukwudozie, chair of the South-East region of
Previous Story

Is Nigeria’s Christian Faith Embracing Tattoo Culture?

King Charles Launches Unemployment Scheme In Nigeria
Next Story

King Charles Under Pressure to Apologise for Britain’s Role in Slavery

Don't Miss

Major Highlights From Asake 02 Arena Show

Major Highlights From Asake 02 Arena Show

The O2 Arena was filled with excitement as Afrobeats sensation

The Johnsons’ Crew, Other Movie Acts Pay Respect To Late Adah Ameh

Producers, cast and crew of The Johnsons, the popular TV