Manufacturing, value added in Nigeria
Nigeria: Manufacturing, value added was 43.61 billion constant 2015 US$ in 2025. ▲ Rising
Manufacturing, value added in Nigeria, 1981–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for manufacturing, value added in Nigeria is 43.61 billion constant 2015 US$, measured in 2025.
The figure is up 1.4% on the previous year and down 6.2% over ten years.
Over the whole period, manufacturing, value added in Nigeria peaked at 47.17 billion constant 2015 US$ in 2014 and was at its lowest, 20.46 billion constant 2015 US$, in 1995.
That places Nigeria 39th out of 186 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Manufacturing, value added in Nigeria, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1981 | 41.21 billion constant 2015 US$ | — |
| 1982 | 35.18 billion constant 2015 US$ | -14.6% |
| 1983 | 24.97 billion constant 2015 US$ | -29.0% |
| 1984 | 23.17 billion constant 2015 US$ | -7.2% |
| 1985 | 24.37 billion constant 2015 US$ | +5.2% |
| 1986 | 22.14 billion constant 2015 US$ | -9.2% |
| 1987 | 25.98 billion constant 2015 US$ | +17.3% |
| 1988 | 29.91 billion constant 2015 US$ | +15.1% |
| 1989 | 25.19 billion constant 2015 US$ | -15.8% |
| 1990 | 27.00 billion constant 2015 US$ | +7.2% |
| 1991 | 29.40 billion constant 2015 US$ | +8.9% |
| 1992 | 32.94 billion constant 2015 US$ | +12.1% |
| 1993 | 27.17 billion constant 2015 US$ | -17.5% |
| 1994 | 23.75 billion constant 2015 US$ | -12.6% |
| 1995 | 20.46 billion constant 2015 US$ | -13.9% |
| 1996 | 21.11 billion constant 2015 US$ | +3.2% |
| 1997 | 21.54 billion constant 2015 US$ | +2.0% |
| 1998 | 20.52 billion constant 2015 US$ | -4.7% |
| 1999 | 21.00 billion constant 2015 US$ | +2.3% |
| 2000 | 21.04 billion constant 2015 US$ | +0.2% |
| 2001 | 21.53 billion constant 2015 US$ | +2.3% |
| 2002 | 25.35 billion constant 2015 US$ | +17.7% |
| 2003 | 22.61 billion constant 2015 US$ | -10.8% |
| 2004 | 22.37 billion constant 2015 US$ | -1.1% |
| 2005 | 22.88 billion constant 2015 US$ | +2.3% |
| 2006 | 23.07 billion constant 2015 US$ | +0.8% |
| 2007 | 23.09 billion constant 2015 US$ | +0.1% |
| 2008 | 23.78 billion constant 2015 US$ | +3.0% |
| 2009 | 24.64 billion constant 2015 US$ | +3.6% |
| 2010 | 25.26 billion constant 2015 US$ | +2.5% |
| 2011 | 29.76 billion constant 2015 US$ | +17.8% |
| 2012 | 33.76 billion constant 2015 US$ | +13.5% |
| 2013 | 41.12 billion constant 2015 US$ | +21.8% |
| 2014 | 47.17 billion constant 2015 US$ | +14.7% |
| 2015 | 46.48 billion constant 2015 US$ | -1.5% |
| 2016 | 44.48 billion constant 2015 US$ | -4.3% |
| 2017 | 44.38 billion constant 2015 US$ | -0.2% |
| 2018 | 45.31 billion constant 2015 US$ | +2.1% |
| 2019 | 45.66 billion constant 2015 US$ | +0.8% |
| 2020 | 36.57 billion constant 2015 US$ | -19.9% |
| 2021 | 38.94 billion constant 2015 US$ | +6.5% |
| 2022 | 41.49 billion constant 2015 US$ | +6.6% |
| 2023 | 42.50 billion constant 2015 US$ | +2.4% |
| 2024 | 43.01 billion constant 2015 US$ | +1.2% |
| 2025 | 43.61 billion constant 2015 US$ | +1.4% |
Nigeria compared with similar countries
- Nigeria's 43.61 billion constant 2015 US$ is above the median for lower middle income countries, which is 2.27 billion constant 2015 US$, 19.3× the median. (45 countries reporting)
- Nigeria's 43.61 billion constant 2015 US$ is above the median for Sub-Saharan Africa, which is 1.46 billion constant 2015 US$, 30.0× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 28.01 billion constant 2015 US$ | 22.14 billion constant 2015 US$ | 41.21 billion constant 2015 US$ | 9 |
| 1990s | 24.49 billion constant 2015 US$ | 20.46 billion constant 2015 US$ | 32.94 billion constant 2015 US$ | 10 |
| 2000s | 23.03 billion constant 2015 US$ | 21.04 billion constant 2015 US$ | 25.35 billion constant 2015 US$ | 10 |
| 2010s | 40.34 billion constant 2015 US$ | 25.26 billion constant 2015 US$ | 47.17 billion constant 2015 US$ | 10 |
| 2020s | 41.02 billion constant 2015 US$ | 36.57 billion constant 2015 US$ | 43.61 billion constant 2015 US$ | 6 |
Countries ranked near Nigeria
- 36 Czechia 53.49 billion constant 2015 US$ compare
- 37 Pakistan 50.65 billion constant 2015 US$ compare
- 38 United Arab Emirates 46.54 billion constant 2015 US$ compare
- 40 Colombia 41.23 billion constant 2015 US$ compare
- 41 South Africa 40.55 billion constant 2015 US$ compare
- 42 Romania 37.98 billion constant 2015 US$ compare
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$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added in Nigeria?
- Manufacturing, value added in Nigeria was 43.61 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Nigeria?
- The highest recorded value was 47.17 billion constant 2015 US$ in 2014.
- What is the lowest manufacturing, value added recorded in Nigeria?
- The lowest recorded value was 20.46 billion constant 2015 US$ in 1995.
- How does Nigeria rank for manufacturing, value added?
- Nigeria ranks 39th out of 186 countries with data for 2025.
- Is manufacturing, value added rising or falling in Nigeria?
- Over the last ten years it is down 6.2%. 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 Manufacturing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 is 2015. This indicator is expressed in United States dollars.