Gross value added at basic prices (GVA) (constant) … unit GDP constant in Nigeria
Nigeria: Gross value added at basic prices (GVA) (constant) … unit GDP constant was 761.88 constant LCU per US$ of GDP in 2025. ▼ Falling
Gross value added at basic prices (GVA) (constant LCU), per unit of in Nigeria, 1981–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2025, gross value added at basic prices (gva) (constant lcu), per unit of in Nigeria stood at 761.88 constant LCU per US$ of GDP.
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 lcu), per unit of in Nigeria peaked at 1,249 constant LCU per US$ of GDP in 1989 and was at its lowest, 305.8 constant LCU per US$ of GDP, in 2019.
That places Nigeria 19th out of 196 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) … unit GDP constant in Nigeria, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1981 | 340.23 constant LCU per US$ of GDP | — |
| 1982 | 365.29 constant LCU per US$ of GDP | +7.4% |
| 1983 | 478.44 constant LCU per US$ of GDP | +31.0% |
| 1984 | 625.13 constant LCU per US$ of GDP | +30.7% |
| 1985 | 659.76 constant LCU per US$ of GDP | +5.5% |
| 1986 | 888.3 constant LCU per US$ of GDP | +34.6% |
| 1987 | 953.79 constant LCU per US$ of GDP | +7.4% |
| 1988 | 1,086 constant LCU per US$ of GDP | +13.9% |
| 1989 | 1,249 constant LCU per US$ of GDP | +15.0% |
| 1990 | 1,137 constant LCU per US$ of GDP | -9.0% |
| 1991 | 1,036 constant LCU per US$ of GDP | -8.9% |
| 1992 | 1,239 constant LCU per US$ of GDP | +19.6% |
| 1993 | 1,114 constant LCU per US$ of GDP | -10.1% |
| 1994 | 771.76 constant LCU per US$ of GDP | -30.7% |
| 1995 | 439.98 constant LCU per US$ of GDP | -43.0% |
| 1996 | 347.83 constant LCU per US$ of GDP | -20.9% |
| 1997 | 331.08 constant LCU per US$ of GDP | -4.8% |
| 1998 | 312.3 constant LCU per US$ of GDP | -5.7% |
| 1999 | 1,160 constant LCU per US$ of GDP | +271.4% |
| 2000 | 1,042 constant LCU per US$ of GDP | -10.2% |
| 2001 | 1,037 constant LCU per US$ of GDP | -0.4% |
| 2002 | 925.86 constant LCU per US$ of GDP | -10.8% |
| 2003 | 902 constant LCU per US$ of GDP | -2.6% |
| 2004 | 760.23 constant LCU per US$ of GDP | -15.7% |
| 2005 | 625.36 constant LCU per US$ of GDP | -17.7% |
| 2006 | 488.61 constant LCU per US$ of GDP | -21.9% |
| 2007 | 446.31 constant LCU per US$ of GDP | -8.7% |
| 2008 | 390.57 constant LCU per US$ of GDP | -12.5% |
| 2009 | 485.56 constant LCU per US$ of GDP | +24.3% |
| 2010 | 425.96 constant LCU per US$ of GDP | -12.3% |
| 2011 | 397.19 constant LCU per US$ of GDP | -6.8% |
| 2012 | 369.73 constant LCU per US$ of GDP | -6.9% |
| 2013 | 347.92 constant LCU per US$ of GDP | -5.9% |
| 2014 | 334.77 constant LCU per US$ of GDP | -3.8% |
| 2015 | 400.74 constant LCU per US$ of GDP | +19.7% |
| 2016 | 480.54 constant LCU per US$ of GDP | +19.9% |
| 2017 | 521.77 constant LCU per US$ of GDP | +8.6% |
| 2018 | 473.75 constant LCU per US$ of GDP | -9.2% |
| 2019 | 305.8 constant LCU per US$ of GDP | -35.5% |
| 2020 | 317.63 constant LCU per US$ of GDP | +3.9% |
| 2021 | 315.08 constant LCU per US$ of GDP | -0.8% |
| 2022 | 309.49 constant LCU per US$ of GDP | -1.8% |
| 2023 | 423.31 constant LCU per US$ of GDP | +36.8% |
| 2024 | 845.52 constant LCU per US$ of GDP | +99.7% |
| 2025 | 761.88 constant LCU per US$ of GDP | -9.9% |
Nigeria compared with similar countries
- Nigeria's 761.88 constant LCU per US$ of GDP is above the median for lower middle income countries, which is 54.63 constant LCU per US$ of GDP, 13.9× the median. (47 countries reporting)
- Nigeria's 761.88 constant LCU per US$ of GDP is above the median for Sub-Saharan Africa, which is 216.11 constant LCU per US$ of GDP, 3.5× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) (constant) … unit GDP constant in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +271.4% | 312.3 constant LCU per US$ of GDP | 1,160 constant LCU per US$ of GDP |
| 2024 | +99.7% | 423.31 constant LCU per US$ of GDP | 845.52 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 738.46 constant LCU per US$ of GDP | 340.23 constant LCU per US$ of GDP | 1,249 constant LCU per US$ of GDP | 9 |
| 1990s | 788.9 constant LCU per US$ of GDP | 312.3 constant LCU per US$ of GDP | 1,239 constant LCU per US$ of GDP | 10 |
| 2000s | 710.35 constant LCU per US$ of GDP | 390.57 constant LCU per US$ of GDP | 1,042 constant LCU per US$ of GDP | 10 |
| 2010s | 405.82 constant LCU per US$ of GDP | 305.8 constant LCU per US$ of GDP | 521.77 constant LCU per US$ of GDP | 10 |
| 2020s | 495.48 constant LCU per US$ of GDP | 309.49 constant LCU per US$ of GDP | 845.52 constant LCU per US$ of GDP | 6 |
Countries ranked near Nigeria
- 16 Madagascar 1,123 constant LCU per US$ of GDP compare
- 17 Myanmar 924.08 constant LCU per US$ of GDP compare
- 18 Iraq 815.11 constant LCU per US$ of GDP compare
- 20 Burundi 661.52 constant LCU per US$ of GDP compare
- 21 Chile 544.04 constant LCU per US$ of GDP compare
- 22 Malawi 509.13 constant LCU per US$ of GDP compare
More economy & growth data for Nigeria
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0107 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), per unit of in Nigeria?
- Gross value added at basic prices (gva) (constant lcu), per unit of in Nigeria was 761.88 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Nigeria?
- The highest recorded value was 1,249 constant LCU per US$ of GDP in 1989.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Nigeria?
- The lowest recorded value was 305.8 constant LCU per US$ of GDP in 2019.
- How does Nigeria rank for gross value added at basic prices (gva) (constant lcu), per unit of?
- Nigeria ranks 19th out of 196 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant lcu), per unit of 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.