Industry (including construction), value added in Nigeria
Nigeria: Industry (including construction), value added was 83.26 billion constant 2015 US$ in 2025. ▲ Rising
Industry (including construction), value added in Nigeria, 1981–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Nigeria recorded 83.26 billion constant 2015 US$ for industry (including construction), value added in 2025.
That represents a change of up 4.6% on the previous year and down 16.2% over ten years.
Over the whole period, industry (including construction), value added in Nigeria peaked at 101.68 billion constant 2015 US$ in 2014 and was at its lowest, 50.14 billion constant 2015 US$, in 1983.
That places Nigeria 40th out of 196 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Industry (including construction), value added in Nigeria, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1981 | 71.38 billion constant 2015 US$ | — |
| 1982 | 61.88 billion constant 2015 US$ | -13.3% |
| 1983 | 50.14 billion constant 2015 US$ | -19.0% |
| 1984 | 50.97 billion constant 2015 US$ | +1.7% |
| 1985 | 53.25 billion constant 2015 US$ | +4.5% |
| 1986 | 50.70 billion constant 2015 US$ | -4.8% |
| 1987 | 53.44 billion constant 2015 US$ | +5.4% |
| 1988 | 57.79 billion constant 2015 US$ | +8.1% |
| 1989 | 57.35 billion constant 2015 US$ | -0.8% |
| 1990 | 67.70 billion constant 2015 US$ | +18.1% |
| 1991 | 66.26 billion constant 2015 US$ | -2.1% |
| 1992 | 70.32 billion constant 2015 US$ | +6.1% |
| 1993 | 65.53 billion constant 2015 US$ | -6.8% |
| 1994 | 61.65 billion constant 2015 US$ | -5.9% |
| 1995 | 59.80 billion constant 2015 US$ | -3.0% |
| 1996 | 63.17 billion constant 2015 US$ | +5.6% |
| 1997 | 64.37 billion constant 2015 US$ | +1.9% |
| 1998 | 64.63 billion constant 2015 US$ | +0.4% |
| 1999 | 61.96 billion constant 2015 US$ | -4.1% |
| 2000 | 66.58 billion constant 2015 US$ | +7.5% |
| 2001 | 70.31 billion constant 2015 US$ | +5.6% |
| 2002 | 71.21 billion constant 2015 US$ | +1.3% |
| 2003 | 79.87 billion constant 2015 US$ | +12.2% |
| 2004 | 81.28 billion constant 2015 US$ | +1.8% |
| 2005 | 82.65 billion constant 2015 US$ | +1.7% |
| 2006 | 81.03 billion constant 2015 US$ | -2.0% |
| 2007 | 79.47 billion constant 2015 US$ | -1.9% |
| 2008 | 77.84 billion constant 2015 US$ | -2.0% |
| 2009 | 79.80 billion constant 2015 US$ | +2.5% |
| 2010 | 83.97 billion constant 2015 US$ | +5.2% |
| 2011 | 91.02 billion constant 2015 US$ | +8.4% |
| 2012 | 93.23 billion constant 2015 US$ | +2.4% |
| 2013 | 95.24 billion constant 2015 US$ | +2.2% |
| 2014 | 101.68 billion constant 2015 US$ | +6.8% |
| 2015 | 99.40 billion constant 2015 US$ | -2.2% |
| 2016 | 90.60 billion constant 2015 US$ | -8.9% |
| 2017 | 92.55 billion constant 2015 US$ | +2.1% |
| 2018 | 94.28 billion constant 2015 US$ | +1.9% |
| 2019 | 96.46 billion constant 2015 US$ | +2.3% |
| 2020 | 74.54 billion constant 2015 US$ | -22.7% |
| 2021 | 67.60 billion constant 2015 US$ | -9.3% |
| 2022 | 74.46 billion constant 2015 US$ | +10.2% |
| 2023 | 77.45 billion constant 2015 US$ | +4.0% |
| 2024 | 79.62 billion constant 2015 US$ | +2.8% |
| 2025 | 83.26 billion constant 2015 US$ | +4.6% |
Nigeria compared with similar countries
- Nigeria's 83.26 billion constant 2015 US$ is above the median for lower middle income countries, which is 6.98 billion constant 2015 US$, 11.9× the median. (46 countries reporting)
- Nigeria's 83.26 billion constant 2015 US$ is above the median for Sub-Saharan Africa, which is 4.08 billion constant 2015 US$, 20.4× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 56.32 billion constant 2015 US$ | 50.14 billion constant 2015 US$ | 71.38 billion constant 2015 US$ | 9 |
| 1990s | 64.54 billion constant 2015 US$ | 59.80 billion constant 2015 US$ | 70.32 billion constant 2015 US$ | 10 |
| 2000s | 77.00 billion constant 2015 US$ | 66.58 billion constant 2015 US$ | 82.65 billion constant 2015 US$ | 10 |
| 2010s | 93.84 billion constant 2015 US$ | 83.97 billion constant 2015 US$ | 101.68 billion constant 2015 US$ | 10 |
| 2020s | 76.16 billion constant 2015 US$ | 67.60 billion constant 2015 US$ | 83.26 billion constant 2015 US$ | 6 |
Countries ranked near Nigeria
- 37 Belgium 95.46 billion constant 2015 US$ compare
- 38 Uzbekistan 91.80 billion constant 2015 US$ compare
- 39 Kazakhstan 89.74 billion constant 2015 US$ compare
- 41 Colombia 80.37 billion constant 2015 US$ compare
- 42 Israel 78.77 billion constant 2015 US$ compare
- 43 Pakistan 78.00 billion constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Nigeria?
- Industry (including construction), value added in Nigeria was 83.26 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Nigeria?
- The highest recorded value was 101.68 billion constant 2015 US$ in 2014.
- What is the lowest industry (including construction), value added recorded in Nigeria?
- The lowest recorded value was 50.14 billion constant 2015 US$ in 1983.
- How does Nigeria rank for industry (including construction), value added?
- Nigeria ranks 40th out of 196 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Nigeria?
- Over the last ten years it is down 16.2%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.