Machinery and transport equipment in Nigeria
Nigeria: Machinery and transport equipment was 7.2% in 1996. ◆ Volatile
Machinery and transport equipment in Nigeria, 1963–1996
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
The most recent figure for machinery and transport equipment in Nigeria is 7.2%, measured in 1996.
Compared with earlier readings it is down 8.9% on the previous year and down 44.6% over ten years.
Over the whole period, machinery and transport equipment in Nigeria peaked at 22.7% in 1980 and was at its lowest, 0.3%, in 1972.
Nigeria ranks 80th of 149 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.
Machinery and transport equipment in Nigeria, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 1.5% | — |
| 1964 | 1.3% | -13.7% |
| 1965 | 1.0% | -18.4% |
| 1966 | 1.4% | +33.2% |
| 1967 | 1.3% | -8.3% |
| 1968 | 1.3% | +2.2% |
| 1969 | 1.2% | -7.2% |
| 1970 | 0.5% | -60.8% |
| 1971 | 0.4% | -11.0% |
| 1972 | 0.3% | -23.6% |
| 1973 | 0.5% | +56.8% |
| 1974 | 0.9% | +86.1% |
| 1975 | 1.5% | +57.8% |
| 1976 | 5.8% | +289.8% |
| 1977 | 7.2% | +24.9% |
| 1978 | 6.7% | -8.0% |
| 1980 | 22.7% | +239.8% |
| 1981 | 9.9% | -56.3% |
| 1982 | 9.2% | -6.7% |
| 1983 | 15.6% | +68.7% |
| 1984 | 5.6% | -64.0% |
| 1985 | 13.0% | +130.9% |
| 1991 | 2.7% | -79.0% |
| 1992 | 2.8% | +4.0% |
| 1993 | 10.8% | +280.7% |
| 1994 | 14.8% | +37.4% |
| 1995 | 7.9% | -46.9% |
| 1996 | 7.2% | -8.9% |
Nigeria compared with similar countries
- Nigeria's 7.2% is above the median for lower middle income countries, which is 4.0%, 1.8× the median. (30 countries reporting)
- Nigeria's 7.2% is above the median for Sub-Saharan Africa, which is 2.0%, 3.6× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.3% | 1.0% | 1.5% | 7 |
| 1970s | 2.7% | 0.3% | 7.2% | 9 |
| 1980s | 12.7% | 5.6% | 22.7% | 6 |
| 1990s | 7.7% | 2.7% | 14.8% | 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 machinery and transport equipment in Nigeria?
- Machinery and transport equipment in Nigeria was 7.2% in 1996, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Nigeria?
- The highest recorded value was 22.7% in 1980.
- What is the lowest machinery and transport equipment recorded in Nigeria?
- The lowest recorded value was 0.3% in 1972.
- How does Nigeria rank for machinery and transport equipment?
- Nigeria ranks 80th out of 149 countries with data for 1996.
- Is machinery and transport equipment rising or falling in Nigeria?
- Over the last ten years it is down 44.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. 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 as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).