Manufacturing, value added in Nigeria
Nigeria: Manufacturing, value added was 24.01 billion current US$ in 2025. ◆ Volatile
Manufacturing, value added in Nigeria, 1981–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for manufacturing, value added in Nigeria is 24.01 billion current US$, measured in 2025.
That represents a change of up 10.0% on the previous year and down 48.3% over ten years.
Over the whole period, manufacturing, value added in Nigeria peaked at 60.81 billion current US$ in 2019 and was at its lowest, 8.08 billion current US$, in 1989.
That places Nigeria 56th out of 205 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 33.33 billion current US$ | — |
| 1982 | 29.03 billion current US$ | -12.9% |
| 1983 | 20.49 billion current US$ | -29.4% |
| 1984 | 13.03 billion current US$ | -36.4% |
| 1985 | 15.53 billion current US$ | +19.1% |
| 1986 | 11.51 billion current US$ | -25.8% |
| 1987 | 9.89 billion current US$ | -14.1% |
| 1988 | 10.44 billion current US$ | +5.5% |
| 1989 | 8.08 billion current US$ | -22.6% |
| 1990 | 9.61 billion current US$ | +19.0% |
| 1991 | 11.60 billion current US$ | +20.8% |
| 1992 | 9.19 billion current US$ | -20.8% |
| 1993 | 10.42 billion current US$ | +13.4% |
| 1994 | 16.83 billion current US$ | +61.4% |
| 1995 | 28.18 billion current US$ | +67.5% |
| 1996 | 35.48 billion current US$ | +25.9% |
| 1997 | 38.56 billion current US$ | +8.7% |
| 1998 | 38.11 billion current US$ | -1.2% |
| 1999 | 9.62 billion current US$ | -74.8% |
| 2000 | 9.64 billion current US$ | +0.2% |
| 2001 | 10.24 billion current US$ | +6.3% |
| 2002 | 11.23 billion current US$ | +9.6% |
| 2003 | 12.63 billion current US$ | +12.5% |
| 2004 | 14.75 billion current US$ | +16.7% |
| 2005 | 17.67 billion current US$ | +19.9% |
| 2006 | 21.11 billion current US$ | +19.4% |
| 2007 | 23.38 billion current US$ | +10.7% |
| 2008 | 27.73 billion current US$ | +18.6% |
| 2009 | 23.12 billion current US$ | -16.6% |
| 2010 | 24.05 billion current US$ | +4.0% |
| 2011 | 29.72 billion current US$ | +23.6% |
| 2012 | 35.84 billion current US$ | +20.6% |
| 2013 | 46.44 billion current US$ | +29.6% |
| 2014 | 55.33 billion current US$ | +19.1% |
| 2015 | 46.48 billion current US$ | -16.0% |
| 2016 | 35.12 billion current US$ | -24.4% |
| 2017 | 32.85 billion current US$ | -6.5% |
| 2018 | 40.69 billion current US$ | +23.9% |
| 2019 | 60.81 billion current US$ | +49.4% |
| 2020 | 48.39 billion current US$ | -20.4% |
| 2021 | 53.71 billion current US$ | +11.0% |
| 2022 | 59.11 billion current US$ | +10.1% |
| 2023 | 45.20 billion current US$ | -23.5% |
| 2024 | 21.84 billion current US$ | -51.7% |
| 2025 | 24.01 billion current US$ | +10.0% |
Nigeria compared with similar countries
- Nigeria's 24.01 billion current US$ is above the median for lower middle income countries, which is 2.54 billion current US$, 9.5× the median. (47 countries reporting)
- Nigeria's 24.01 billion current US$ is above the median for Sub-Saharan Africa, which is 1.49 billion current US$, 16.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 16.81 billion current US$ | 8.08 billion current US$ | 33.33 billion current US$ | 9 |
| 1990s | 20.76 billion current US$ | 9.19 billion current US$ | 38.56 billion current US$ | 10 |
| 2000s | 17.15 billion current US$ | 9.64 billion current US$ | 27.73 billion current US$ | 10 |
| 2010s | 40.73 billion current US$ | 24.05 billion current US$ | 60.81 billion current US$ | 10 |
| 2020s | 42.04 billion current US$ | 21.84 billion current US$ | 59.11 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$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added in Nigeria?
- Manufacturing, value added in Nigeria was 24.01 billion current US$ 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 60.81 billion current US$ in 2019.
- What is the lowest manufacturing, value added recorded in Nigeria?
- The lowest recorded value was 8.08 billion current US$ in 1989.
- How does Nigeria rank for manufacturing, value added?
- Nigeria ranks 56th out of 205 countries with data for 2025.
- Is manufacturing, value added rising or falling in Nigeria?
- Over the last ten years it is down 48.3%. 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 Manufacturing, value added (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.