Industry (including construction), value added in Nigeria
Nigeria: Industry (including construction), value added 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 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
- 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 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.