Industry (including construction), value added (current US$) in Nigeria
Nigeria: Industry (including construction), value added (current US$) 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$, in 1989.
Nigeria ranks 58th of 209 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (current US$) 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
- 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 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.