Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Nigeria

Nigeria: Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 1.88 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
1.88 constant 2015 US$ per US$ of GDP
Change on year
down 9.9%
World rank
1st
of 193 countries
All-time high
3.08 constant 2015 US$ per US$ of GDP
in 1989
All-time low
0.7548 constant 2015 US$ per US$ of GDP
in 2019
Years of data
45
1981–2025

Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Nigeria, 1981–2025

11.522.531981200320251981: 0.84 constant 2015 US$ per US$ of GDP1982: 0.902 constant 2015 US$ per US$ of GDP1983: 1.2 constant 2015 US$ per US$ of GDP1984: 1.5 constant 2015 US$ per US$ of GDP1985: 1.6 constant 2015 US$ per US$ of GDP1986: 2.2 constant 2015 US$ per US$ of GDP1987: 2.4 constant 2015 US$ per US$ of GDP1988: 2.7 constant 2015 US$ per US$ of GDP1989: 3.1 constant 2015 US$ per US$ of GDP1990: 2.8 constant 2015 US$ per US$ of GDP1991: 2.6 constant 2015 US$ per US$ of GDP1992: 3.1 constant 2015 US$ per US$ of GDP1993: 2.8 constant 2015 US$ per US$ of GDP1994: 1.9 constant 2015 US$ per US$ of GDP1995: 1.1 constant 2015 US$ per US$ of GDP1996: 0.859 constant 2015 US$ per US$ of GDP1997: 0.817 constant 2015 US$ per US$ of GDP1998: 0.771 constant 2015 US$ per US$ of GDP1999: 2.9 constant 2015 US$ per US$ of GDP2000: 2.6 constant 2015 US$ per US$ of GDP2001: 2.6 constant 2015 US$ per US$ of GDP2002: 2.3 constant 2015 US$ per US$ of GDP2003: 2.2 constant 2015 US$ per US$ of GDP2004: 1.9 constant 2015 US$ per US$ of GDP2005: 1.5 constant 2015 US$ per US$ of GDP2006: 1.2 constant 2015 US$ per US$ of GDP2007: 1.1 constant 2015 US$ per US$ of GDP2008: 0.964 constant 2015 US$ per US$ of GDP2009: 1.2 constant 2015 US$ per US$ of GDP2010: 1.1 constant 2015 US$ per US$ of GDP2011: 0.98 constant 2015 US$ per US$ of GDP2012: 0.913 constant 2015 US$ per US$ of GDP2013: 0.859 constant 2015 US$ per US$ of GDP2014: 0.826 constant 2015 US$ per US$ of GDP2015: 0.989 constant 2015 US$ per US$ of GDP2016: 1.2 constant 2015 US$ per US$ of GDP2017: 1.3 constant 2015 US$ per US$ of GDP2018: 1.2 constant 2015 US$ per US$ of GDP2019: 0.755 constant 2015 US$ per US$ of GDP2020: 0.784 constant 2015 US$ per US$ of GDP2021: 0.778 constant 2015 US$ per US$ of GDP2022: 0.764 constant 2015 US$ per US$ of GDP2023: 1 constant 2015 US$ per US$ of GDP2024: 2.1 constant 2015 US$ per US$ of GDP2025: 1.9 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), per unit in Nigeria is 1.88 constant 2015 US$ per US$ of GDP, measured in 2025.

That represents a change of down 9.9% on the previous year and up 90.1% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Nigeria peaked at 3.08 constant 2015 US$ per US$ of GDP in 1989 and was at its lowest, 0.7548 constant 2015 US$ per US$ of GDP, in 2019.

That places Nigeria 1st out of 193 countries with data for 2025, putting it in the top 10%.

The long-run direction has been consistently falling across the 45 years of available data.

Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Nigeria, year by year

Annual values for Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP in Nigeria, 1981 to 2025.
Year constant 2015 US$ per US$ of GDP Change
1981 0.8398 constant 2015 US$ per US$ of GDP
1982 0.9016 constant 2015 US$ per US$ of GDP +7.4%
1983 1.18 constant 2015 US$ per US$ of GDP +31.0%
1984 1.54 constant 2015 US$ per US$ of GDP +30.7%
1985 1.63 constant 2015 US$ per US$ of GDP +5.5%
1986 2.19 constant 2015 US$ per US$ of GDP +34.6%
1987 2.35 constant 2015 US$ per US$ of GDP +7.4%
1988 2.68 constant 2015 US$ per US$ of GDP +13.9%
1989 3.08 constant 2015 US$ per US$ of GDP +15.0%
1990 2.81 constant 2015 US$ per US$ of GDP -9.0%
1991 2.56 constant 2015 US$ per US$ of GDP -8.9%
1992 3.06 constant 2015 US$ per US$ of GDP +19.6%
1993 2.75 constant 2015 US$ per US$ of GDP -10.1%
1994 1.9 constant 2015 US$ per US$ of GDP -30.7%
1995 1.09 constant 2015 US$ per US$ of GDP -43.0%
1996 0.8585 constant 2015 US$ per US$ of GDP -20.9%
1997 0.8172 constant 2015 US$ per US$ of GDP -4.8%
1998 0.7708 constant 2015 US$ per US$ of GDP -5.7%
1999 2.86 constant 2015 US$ per US$ of GDP +271.4%
2000 2.57 constant 2015 US$ per US$ of GDP -10.2%
2001 2.56 constant 2015 US$ per US$ of GDP -0.4%
2002 2.29 constant 2015 US$ per US$ of GDP -10.8%
2003 2.23 constant 2015 US$ per US$ of GDP -2.6%
2004 1.88 constant 2015 US$ per US$ of GDP -15.7%
2005 1.54 constant 2015 US$ per US$ of GDP -17.7%
2006 1.21 constant 2015 US$ per US$ of GDP -21.9%
2007 1.1 constant 2015 US$ per US$ of GDP -8.7%
2008 0.964 constant 2015 US$ per US$ of GDP -12.5%
2009 1.2 constant 2015 US$ per US$ of GDP +24.3%
2010 1.05 constant 2015 US$ per US$ of GDP -12.3%
2011 0.9804 constant 2015 US$ per US$ of GDP -6.8%
2012 0.9126 constant 2015 US$ per US$ of GDP -6.9%
2013 0.8588 constant 2015 US$ per US$ of GDP -5.9%
2014 0.8263 constant 2015 US$ per US$ of GDP -3.8%
2015 0.9891 constant 2015 US$ per US$ of GDP +19.7%
2016 1.19 constant 2015 US$ per US$ of GDP +19.9%
2017 1.29 constant 2015 US$ per US$ of GDP +8.6%
2018 1.17 constant 2015 US$ per US$ of GDP -9.2%
2019 0.7548 constant 2015 US$ per US$ of GDP -35.5%
2020 0.784 constant 2015 US$ per US$ of GDP +3.9%
2021 0.7777 constant 2015 US$ per US$ of GDP -0.8%
2022 0.7639 constant 2015 US$ per US$ of GDP -1.8%
2023 1.04 constant 2015 US$ per US$ of GDP +36.8%
2024 2.09 constant 2015 US$ per US$ of GDP +99.7%
2025 1.88 constant 2015 US$ per US$ of GDP -9.9%

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.82 constant 2015 US$ per US$ of GDP 0.8398 constant 2015 US$ per US$ of GDP 3.08 constant 2015 US$ per US$ of GDP 9
1990s 1.95 constant 2015 US$ per US$ of GDP 0.7708 constant 2015 US$ per US$ of GDP 3.06 constant 2015 US$ per US$ of GDP 10
2000s 1.75 constant 2015 US$ per US$ of GDP 0.964 constant 2015 US$ per US$ of GDP 2.57 constant 2015 US$ per US$ of GDP 10
2010s 1 constant 2015 US$ per US$ of GDP 0.7548 constant 2015 US$ per US$ of GDP 1.29 constant 2015 US$ per US$ of GDP 10
2020s 1.22 constant 2015 US$ per US$ of GDP 0.7639 constant 2015 US$ per US$ of GDP 2.09 constant 2015 US$ per US$ of GDP 6

Countries ranked near Nigeria

  1. 2 Yemen 1.63 constant 2015 US$ per US$ of GDP compare
  2. 3 Turkmenistan 1.51 constant 2015 US$ per US$ of GDP compare
  3. 4 Iran 1.39 constant 2015 US$ per US$ of GDP compare

See the full ranking of 227 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is gross value added at basic prices (gva) (constant 2015 us$), per unit in Nigeria?
Gross value added at basic prices (gva) (constant 2015 us$), per unit in Nigeria was 1.88 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Nigeria?
The highest recorded value was 3.08 constant 2015 US$ per US$ of GDP in 1989.
What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Nigeria?
The lowest recorded value was 0.7548 constant 2015 US$ per US$ of GDP in 2019.
How does Nigeria rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
Nigeria ranks 1st out of 193 countries with data for 2025.
Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Nigeria?
Over the last ten years it is up 90.1%. The long-run trend across the full record is falling.
Where does this Nigeria data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-per-unit-of-gdp/nigeria/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-per-unit-of-gdp/nigeria/">Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Nigeria</a> — Statizoid

How this figure is calculated

Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,725 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.