Gross value added at basic prices (GVA) in Nigeria
Nigeria: Gross value added at basic prices (GVA) was 283.97 billion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Nigeria, 1981–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Nigeria recorded 283.97 billion current US$ for gross value added at basic prices (gva) in 2025.
The figure is up 15.1% on the previous year and down 41.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Nigeria peaked at 665.79 billion current US$ in 2019 and was at its lowest, 43.57 billion current US$, in 1989.
That places Nigeria 47th out of 204 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 82.81 billion current US$ | 43.57 billion current US$ | 162.84 billion current US$ | 9 |
| 1990s | 109.68 billion current US$ | 51.55 billion current US$ | 216.21 billion current US$ | 10 |
| 2000s | 178.66 billion current US$ | 68.47 billion current US$ | 335.98 billion current US$ | 10 |
| 2010s | 466.48 billion current US$ | 366.99 billion current US$ | 665.79 billion current US$ | 10 |
| 2020s | 474.47 billion current US$ | 246.71 billion current US$ | 639.80 billion current US$ | 6 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Inflation of consumer prices 23.0% (2025)
- GDP per capita 2,369 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.3% (2025)
- Gross domestic product (GDP) 562.59 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,369 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,518 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 35.23 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 23.20 billion current US$ (2025)
- Taxes less subsidies on products 10.36 trillion current LCU (2025)
- Taxes less subsidies on products 6.82 billion current US$ (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Nigeria?
- Gross value added at basic prices (gva) in Nigeria was 283.97 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Nigeria?
- The highest recorded value was 665.79 billion current US$ in 2019.
- What is the lowest gross value added at basic prices (gva) recorded in Nigeria?
- The lowest recorded value was 43.57 billion current US$ in 1989.
- How does Nigeria rank for gross value added at basic prices (gva)?
- Nigeria ranks 47th out of 204 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Nigeria?
- Over the last ten years it is down 41.8%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.