Industry (including construction), value added (constant LCU) in Nigeria
Nigeria: Industry (including construction), value added (constant LCU) was 37.19 trillion constant LCU in 2025. ▲ Rising
Industry (including construction), value added in Nigeria, 1981–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, industry (including construction), value added in Nigeria stood at 37.19 trillion constant LCU.
Compared with earlier readings it is 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 45.41 trillion constant LCU in 2014 and was at its lowest, 22.39 trillion constant LCU, in 1983.
That places Nigeria 17th out of 200 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 45 years of available data.
Industry (including construction), value added (constant LCU) in Nigeria, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1981 | 31.88 trillion constant LCU | — |
| 1982 | 27.64 trillion constant LCU | -13.3% |
| 1983 | 22.39 trillion constant LCU | -19.0% |
| 1984 | 22.76 trillion constant LCU | +1.7% |
| 1985 | 23.78 trillion constant LCU | +4.5% |
| 1986 | 22.64 trillion constant LCU | -4.8% |
| 1987 | 23.87 trillion constant LCU | +5.4% |
| 1988 | 25.81 trillion constant LCU | +8.1% |
| 1989 | 25.61 trillion constant LCU | -0.8% |
| 1990 | 30.24 trillion constant LCU | +18.1% |
| 1991 | 29.59 trillion constant LCU | -2.1% |
| 1992 | 31.41 trillion constant LCU | +6.1% |
| 1993 | 29.27 trillion constant LCU | -6.8% |
| 1994 | 27.53 trillion constant LCU | -5.9% |
| 1995 | 26.70 trillion constant LCU | -3.0% |
| 1996 | 28.21 trillion constant LCU | +5.6% |
| 1997 | 28.75 trillion constant LCU | +1.9% |
| 1998 | 28.86 trillion constant LCU | +0.4% |
| 1999 | 27.67 trillion constant LCU | -4.1% |
| 2000 | 29.73 trillion constant LCU | +7.5% |
| 2001 | 31.40 trillion constant LCU | +5.6% |
| 2002 | 31.80 trillion constant LCU | +1.3% |
| 2003 | 35.67 trillion constant LCU | +12.2% |
| 2004 | 36.30 trillion constant LCU | +1.8% |
| 2005 | 36.91 trillion constant LCU | +1.7% |
| 2006 | 36.19 trillion constant LCU | -2.0% |
| 2007 | 35.49 trillion constant LCU | -1.9% |
| 2008 | 34.77 trillion constant LCU | -2.0% |
| 2009 | 35.64 trillion constant LCU | +2.5% |
| 2010 | 37.50 trillion constant LCU | +5.2% |
| 2011 | 40.65 trillion constant LCU | +8.4% |
| 2012 | 41.63 trillion constant LCU | +2.4% |
| 2013 | 42.54 trillion constant LCU | +2.2% |
| 2014 | 45.41 trillion constant LCU | +6.8% |
| 2015 | 44.39 trillion constant LCU | -2.2% |
| 2016 | 40.46 trillion constant LCU | -8.9% |
| 2017 | 41.33 trillion constant LCU | +2.1% |
| 2018 | 42.10 trillion constant LCU | +1.9% |
| 2019 | 43.08 trillion constant LCU | +2.3% |
| 2020 | 33.29 trillion constant LCU | -22.7% |
| 2021 | 30.19 trillion constant LCU | -9.3% |
| 2022 | 33.26 trillion constant LCU | +10.2% |
| 2023 | 34.59 trillion constant LCU | +4.0% |
| 2024 | 35.56 trillion constant LCU | +2.8% |
| 2025 | 37.19 trillion constant LCU | +4.6% |
Nigeria compared with similar countries
- Nigeria's 37.19 trillion constant LCU is above the median for lower middle income countries, which is 119.95 billion constant LCU, 310.0× the median. (47 countries reporting)
- Nigeria's 37.19 trillion constant LCU is above the median for Sub-Saharan Africa, which is 857.07 billion constant LCU, 43.4× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 25.15 trillion constant LCU | 22.39 trillion constant LCU | 31.88 trillion constant LCU | 9 |
| 1990s | 28.82 trillion constant LCU | 26.70 trillion constant LCU | 31.41 trillion constant LCU | 10 |
| 2000s | 34.39 trillion constant LCU | 29.73 trillion constant LCU | 36.91 trillion constant LCU | 10 |
| 2010s | 41.91 trillion constant LCU | 37.50 trillion constant LCU | 45.41 trillion constant LCU | 10 |
| 2020s | 34.01 trillion constant LCU | 30.19 trillion constant LCU | 37.19 trillion constant LCU | 6 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Real gdp growth, annual growth rate 22.77 % change on previous year (2024)
- 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)
Frequently asked questions
- What is industry (including construction), value added in Nigeria?
- Industry (including construction), value added in Nigeria was 37.19 trillion constant LCU 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 45.41 trillion constant LCU in 2014.
- What is the lowest industry (including construction), value added recorded in Nigeria?
- The lowest recorded value was 22.39 trillion constant LCU in 1983.
- How does Nigeria rank for industry (including construction), value added?
- Nigeria ranks 17th out of 200 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 LCU). 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 varies by country. This series is expressed in local currency units.