It is the first device to run the new Android 4.4 KitKat operating system and comes with a 4.95-inch screen, an 8MP camera on the back coupled with a 1.3MP camera on the front.
The 4G-ready handset, made by LG, goes on sale on Google's official Play store from tomorrow and prices start at £299 ($349) for 16GB or £339 ($399) for 32GB.
The Nexus 5 is powered by the latest high-speed, power-saving Snapdragon 800 chip from Qualcomm also seen in the Samsung Note III and Nokia's new Lumia 1520.
It has 2GB of RAM and will be available with 16GB or 32GB of storage.
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