Industry (including construction), value added in Nigeria
Nigeria: Industry (including construction), value added was 47.82 billion current US$ in 2025. ◆ Volatile
Industry (including construction), value added in Nigeria, 1981–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for industry (including construction), value added in Nigeria is 47.82 billion current US$, measured in 2025.
That represents a change of up 4.2% on the previous year and down 51.9% over ten years.
Over the whole period, industry (including construction), value added in Nigeria peaked at 141.50 billion current US$ in 2014 and was at its lowest, 15.57 billion current US$, in 1989.
Nigeria ranks 58th of 209 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 64.55 billion current US$ | — |
| 1982 | 49.70 billion current US$ | -23.0% |
| 1983 | 33.13 billion current US$ | -33.3% |
| 1984 | 22.30 billion current US$ | -32.7% |
| 1985 | 24.68 billion current US$ | +10.7% |
| 1986 | 17.99 billion current US$ | -27.1% |
| 1987 | 17.32 billion current US$ | -3.7% |
| 1988 | 16.19 billion current US$ | -6.5% |
| 1989 | 15.57 billion current US$ | -3.8% |
| 1990 | 19.13 billion current US$ | +22.9% |
| 1991 | 22.00 billion current US$ | +15.0% |
| 1992 | 19.63 billion current US$ | -10.8% |
| 1993 | 18.82 billion current US$ | -4.1% |
| 1994 | 25.18 billion current US$ | +33.8% |
| 1995 | 51.49 billion current US$ | +104.5% |
| 1996 | 69.55 billion current US$ | +35.1% |
| 1997 | 70.80 billion current US$ | +1.8% |
| 1998 | 62.69 billion current US$ | -11.5% |
| 1999 | 17.37 billion current US$ | -72.3% |
| 2000 | 23.40 billion current US$ | +34.7% |
| 2001 | 20.80 billion current US$ | -11.1% |
| 2002 | 21.90 billion current US$ | +5.3% |
| 2003 | 27.23 billion current US$ | +24.4% |
| 2004 | 38.54 billion current US$ | +41.5% |
| 2005 | 49.54 billion current US$ | +28.5% |
| 2006 | 61.41 billion current US$ | +23.9% |
| 2007 | 67.74 billion current US$ | +10.3% |
| 2008 | 83.90 billion current US$ | +23.9% |
| 2009 | 62.65 billion current US$ | -25.3% |
| 2010 | 92.91 billion current US$ | +48.3% |
| 2011 | 117.20 billion current US$ | +26.1% |
| 2012 | 125.61 billion current US$ | +7.2% |
| 2013 | 133.89 billion current US$ | +6.6% |
| 2014 | 141.50 billion current US$ | +5.7% |
| 2015 | 99.40 billion current US$ | -29.8% |
| 2016 | 73.54 billion current US$ | -26.0% |
| 2017 | 83.85 billion current US$ | +14.0% |
| 2018 | 108.53 billion current US$ | +29.4% |
| 2019 | 140.35 billion current US$ | +29.3% |
| 2020 | 109.93 billion current US$ | -21.7% |
| 2021 | 111.19 billion current US$ | +1.1% |
| 2022 | 124.01 billion current US$ | +11.5% |
| 2023 | 93.24 billion current US$ | -24.8% |
| 2024 | 45.90 billion current US$ | -50.8% |
| 2025 | 47.82 billion current US$ | +4.2% |
Nigeria compared with similar countries
- Nigeria's 47.82 billion current US$ is above the median for lower middle income countries, which is 7.20 billion current US$, 6.6× the median. (47 countries reporting)
- Nigeria's 47.82 billion current US$ is above the median for Sub-Saharan Africa, which is 4.81 billion current US$, 9.9× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 29.05 billion current US$ | 15.57 billion current US$ | 64.55 billion current US$ | 9 |
| 1990s | 37.67 billion current US$ | 17.37 billion current US$ | 70.80 billion current US$ | 10 |
| 2000s | 45.71 billion current US$ | 20.80 billion current US$ | 83.90 billion current US$ | 10 |
| 2010s | 111.68 billion current US$ | 73.54 billion current US$ | 141.50 billion current US$ | 10 |
| 2020s | 88.68 billion current US$ | 45.90 billion current US$ | 124.01 billion current US$ | 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$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Nigeria?
- Industry (including construction), value added in Nigeria was 47.82 billion current US$ 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 141.50 billion current US$ in 2014.
- What is the lowest industry (including construction), value added recorded in Nigeria?
- The lowest recorded value was 15.57 billion current US$ in 1989.
- How does Nigeria rank for industry (including construction), value added?
- Nigeria ranks 58th out of 209 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Nigeria?
- Over the last ten years it is down 51.9%. 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 Industry (including construction), value added (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.