Gdp vs services gdp in Nigeria
Nigeria: Gdp vs services gdp was 21.3 in 2011. ▼ Falling
Latest (2011)
21.3
Change on year
up 3.4%
World rank
43rd
of 43 countries
All-time high
28.9
in 1968
All-time low
16.3
in 2003
Years of data
52
1960–2011
Gdp vs services gdp in Nigeria, 1960–2011
Source: Our World in Data.
Analysis
Nigeria recorded 21.3 for gdp vs services gdp in 2011.
That represents a change of up 3.4% on the previous year and up 2.4% over ten years.
Over the whole period, gdp vs services gdp in Nigeria peaked at 28.9 in 1968 and was at its lowest, 16.3, in 2003.
That places Nigeria 43rd out of 43 countries with data for 2011, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 52 years of available data.
Gdp vs services gdp in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 25.6 | — |
| 1961 | 26 | +1.6% |
| 1962 | 25.1 | -3.5% |
| 1963 | 25.9 | +3.2% |
| 1964 | 27.8 | +7.3% |
| 1965 | 27.2 | -2.2% |
| 1966 | 26.9 | -1.1% |
| 1967 | 26.7 | -0.7% |
| 1968 | 28.9 | +8.2% |
| 1969 | 28.7 | -0.7% |
| 1970 | 27.6 | -3.8% |
| 1971 | 26.2 | -5.1% |
| 1972 | 25.8 | -1.5% |
| 1973 | 25 | -3.1% |
| 1974 | 20.7 | -17.2% |
| 1975 | 24.3 | +17.4% |
| 1976 | 23.5 | -3.3% |
| 1977 | 24.5 | +4.3% |
| 1978 | 24 | -2.0% |
| 1979 | 24.5 | +2.1% |
| 1980 | 23.4 | -4.5% |
| 1981 | 26.9 | +15.0% |
| 1982 | 27.2 | +1.1% |
| 1983 | 27.9 | +2.6% |
| 1984 | 26.7 | -4.3% |
| 1985 | 25.4 | -4.9% |
| 1986 | 25.8 | +1.6% |
| 1987 | 22.2 | -14.0% |
| 1988 | 20.9 | -5.9% |
| 1989 | 20.9 | +0.0% |
| 1990 | 19.2 | -8.1% |
| 1991 | 19.1 | -0.5% |
| 1992 | 16.9 | -11.5% |
| 1993 | 20.4 | +20.7% |
| 1994 | 24.5 | +20.1% |
| 1995 | 18.8 | -23.3% |
| 1996 | 17.4 | -7.4% |
| 1997 | 18.6 | +6.9% |
| 1998 | 22.9 | +23.1% |
| 1999 | 21.9 | -4.4% |
| 2000 | 17.4 | -20.5% |
| 2001 | 20.8 | +19.5% |
| 2002 | 16.9 | -18.8% |
| 2003 | 16.3 | -3.6% |
| 2004 | 18.8 | +15.3% |
| 2005 | 18.4 | -2.1% |
| 2006 | 21.2 | +15.2% |
| 2007 | 21.7 | +2.4% |
| 2008 | 22.4 | +3.2% |
| 2009 | 25.2 | +12.5% |
| 2010 | 20.6 | -18.3% |
| 2011 | 21.3 | +3.4% |
Nigeria compared with similar countries
- Nigeria's 21.3 is below the median for lower middle income countries, which is 51.6, 41% of the median. (11 countries reporting)
- Nigeria's 21.3 is below the median for Sub-Saharan Africa, which is 55.4, 38% of the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 26.88 | 25.1 | 28.9 | 10 |
| 1970s | 24.61 | 20.7 | 27.6 | 10 |
| 1980s | 24.73 | 20.9 | 27.9 | 10 |
| 1990s | 19.97 | 16.9 | 24.5 | 10 |
| 2000s | 19.91 | 16.3 | 25.2 | 10 |
| 2010s | 20.95 | 20.6 | 21.3 | 2 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Real gdp growth, annual growth rate 22.77 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0148 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 18.13 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.9704 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 13.24 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.26 % change on previous year (2025)
Frequently asked questions
- What is gdp vs services gdp in Nigeria?
- Gdp vs services gdp in Nigeria was 21.3 in 2011, according to Our World in Data.
- What is the highest gdp vs services gdp recorded in Nigeria?
- The highest recorded value was 28.9 in 1968.
- What is the lowest gdp vs services gdp recorded in Nigeria?
- The lowest recorded value was 16.3 in 2003.
- How does Nigeria rank for gdp vs services gdp?
- Nigeria ranks 43rd out of 43 countries with data for 2011.
- Is gdp vs services gdp rising or falling in Nigeria?
- Over the last ten years it is up 2.4%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from Our World in Data, published as part of Gdp vs services gdp. Statizoid updates them automatically from the source API.
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