Lebanon vs Nigeria: Services, value added
Services, value added over time
- Lebanon
- Nigeria
How they compare
Lebanon currently reports 830.48 trillion current LCU against 257.12 trillion current LCU in Nigeria, a difference of 573.37 trillion current LCU.
That makes Lebanon's figure about 3.2 times Nigeria's.
The two have swapped places 2 times across 31 shared years of data; in 1994 it was Lebanon ahead.
Lebanon ranks 7th and Nigeria ranks 10th of 205 countries.
Across the 4 decades both report, Lebanon averaged higher in 3 and Nigeria in 1.
Head to head by decade
| Decade | Lebanon | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 13.34 trillion current LCU | 1.56 trillion current LCU | 11.78 trillion current LCU | Lebanon |
| 2000s | 23.22 trillion current LCU | 10.87 trillion current LCU | 12.36 trillion current LCU | Lebanon |
| 2010s | 53.91 trillion current LCU | 54.28 trillion current LCU | 365.77 billion current LCU | Nigeria |
| 2020s | 485.43 trillion current LCU | 147.96 trillion current LCU | 337.46 trillion current LCU | Lebanon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Lebanon or Nigeria?
- Lebanon, at 830.48 trillion current LCU against 257.12 trillion current LCU in Nigeria as of 2024.
- What is the difference in services, value added between Lebanon and Nigeria?
- 573.37 trillion current LCU, with Lebanon ahead.
- How many years of comparable data are there for Lebanon and Nigeria?
- 31 years are reported by both, from 1994 to 2024.
- How do Lebanon and Nigeria rank globally for services, value added?
- Lebanon ranks 7th and Nigeria ranks 10th of 205 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.