Gross value added at basic prices (GVA) (current LCU), annual growth in Nigeria
Nigeria: Gross value added at basic prices (GVA) (current LCU), annual growth was 18.25 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Nigeria, 1982–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nigeria recorded 18.25 % change on previous year for gross value added at basic prices (gva) (current lcu), annual growth in 2025.
That represents a change of up 2.5% on the previous year and up 218.6% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Nigeria peaked at 75.27 % change on previous year in 1995 and was at its lowest, 3.6 % change on previous year, in 2020.
That places Nigeria 21st out of 205 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current LCU), annual growth in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1982 | 6.99 % change on previous year | — |
| 1983 | 6.51 % change on previous year | -6.8% |
| 1984 | 4.47 % change on previous year | -31.4% |
| 1985 | 13.26 % change on previous year | +196.5% |
| 1986 | 5.48 % change on previous year | -58.7% |
| 1987 | 23.5 % change on previous year | +328.7% |
| 1988 | 28.99 % change on previous year | +23.4% |
| 1989 | 31.44 % change on previous year | +8.5% |
| 1990 | 19.23 % change on previous year | -38.8% |
| 1991 | 19.29 % change on previous year | +0.3% |
| 1992 | 53.55 % change on previous year | +177.6% |
| 1993 | 38.76 % change on previous year | -27.6% |
| 1994 | 40.69 % change on previous year | +5.0% |
| 1995 | 75.27 % change on previous year | +85.0% |
| 1996 | 31.79 % change on previous year | -57.8% |
| 1997 | 8.14 % change on previous year | -74.4% |
| 1998 | 8.74 % change on previous year | +7.4% |
| 1999 | 14.08 % change on previous year | +61.2% |
| 2000 | 28.82 % change on previous year | +104.7% |
| 2001 | 16.59 % change on previous year | -42.5% |
| 2002 | 39.68 % change on previous year | +139.2% |
| 2003 | 17.87 % change on previous year | -55.0% |
| 2004 | 33.69 % change on previous year | +88.5% |
| 2005 | 27.57 % change on previous year | -18.1% |
| 2006 | 31.37 % change on previous year | +13.8% |
| 2007 | 14.15 % change on previous year | -54.9% |
| 2008 | 15.22 % change on previous year | +7.6% |
| 2009 | 8.78 % change on previous year | -42.3% |
| 2010 | 26.97 % change on previous year | +207.3% |
| 2011 | 15.32 % change on previous year | -43.2% |
| 2012 | 13.87 % change on previous year | -9.5% |
| 2013 | 11.68 % change on previous year | -15.7% |
| 2014 | 11.18 % change on previous year | -4.3% |
| 2015 | 5.73 % change on previous year | -48.7% |
| 2016 | 7.8 % change on previous year | +36.2% |
| 2017 | 12.04 % change on previous year | +54.4% |
| 2018 | 12.33 % change on previous year | +2.4% |
| 2019 | 59.97 % change on previous year | +386.2% |
| 2020 | 3.6 % change on previous year | -94.0% |
| 2021 | 13.72 % change on previous year | +280.7% |
| 2022 | 12.65 % change on previous year | -7.8% |
| 2023 | 14.12 % change on previous year | +11.7% |
| 2024 | 17.8 % change on previous year | +26.1% |
| 2025 | 18.25 % change on previous year | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.08 % change on previous year | 4.47 % change on previous year | 31.44 % change on previous year | 8 |
| 1990s | 30.95 % change on previous year | 8.14 % change on previous year | 75.27 % change on previous year | 10 |
| 2000s | 23.37 % change on previous year | 8.78 % change on previous year | 39.68 % change on previous year | 10 |
| 2010s | 17.69 % change on previous year | 5.73 % change on previous year | 59.97 % change on previous year | 10 |
| 2020s | 13.36 % change on previous year | 3.6 % change on previous year | 18.25 % change on previous year | 6 |
Countries ranked near Nigeria
- 18 Ghana 21.22 % change on previous year compare
- 19 Uzbekistan 19.87 % change on previous year compare
- 20 Kiribati 18.3 % change on previous year compare
- 22 Tajikistan 18.12 % change on previous year compare
- 23 Palau 17.95 % change on previous year compare
- 24 Lebanon 16.99 % change on previous year 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)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,483 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.82 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.88 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,302 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 761.88 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 932,736 constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), annual growth in Nigeria?
- Gross value added at basic prices (gva) (current lcu), annual growth in Nigeria was 18.25 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Nigeria?
- The highest recorded value was 75.27 % change on previous year in 1995.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Nigeria?
- The lowest recorded value was 3.6 % change on previous year in 2020.
- How does Nigeria rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Nigeria ranks 21st out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Nigeria?
- Over the last ten years it is up 218.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) 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
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.