Manufacturing, value added in Nigeria

Nigeria: Manufacturing, value added was 24.01 billion current US$ in 2025. ◆ Volatile

Latest (2025)
24.01 billion current US$
Change on year
up 10.0%
World rank
56th
of 202 countries
All-time high
60.81 billion current US$
in 2019
All-time low
8.08 billion current US$
in 1989
Years of data
45
1981–2025

Manufacturing, value added in Nigeria, 1981–2025

020.0B40.0B60.0B1981200320251981: 33.3B current US$1982: 29.0B current US$1983: 20.5B current US$1984: 13.0B current US$1985: 15.5B current US$1986: 11.5B current US$1987: 9.9B current US$1988: 10.4B current US$1989: 8.1B current US$1990: 9.6B current US$1991: 11.6B current US$1992: 9.2B current US$1993: 10.4B current US$1994: 16.8B current US$1995: 28.2B current US$1996: 35.5B current US$1997: 38.6B current US$1998: 38.1B current US$1999: 9.6B current US$2000: 9.6B current US$2001: 10.2B current US$2002: 11.2B current US$2003: 12.6B current US$2004: 14.7B current US$2005: 17.7B current US$2006: 21.1B current US$2007: 23.4B current US$2008: 27.7B current US$2009: 23.1B current US$2010: 24.0B current US$2011: 29.7B current US$2012: 35.8B current US$2013: 46.4B current US$2014: 55.3B current US$2015: 46.5B current US$2016: 35.1B current US$2017: 32.8B current US$2018: 40.7B current US$2019: 60.8B current US$2020: 48.4B current US$2021: 53.7B current US$2022: 59.1B current US$2023: 45.2B current US$2024: 21.8B current US$2025: 24.0B current US$

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 202 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 53 Greece 25.47 billion current US$ compare
  2. 54 Algeria 25.46 billion current US$ compare
  3. 55 Slovakia 25.03 billion current US$ compare
  4. 57 New Zealand 21.19 billion current US$ compare
  5. 58 Myanmar 20.50 billion current US$ compare
  6. 59 Belarus 19.15 billion current US$ compare

See the full ranking of 251 places →

More economy & growth data for Nigeria

All data for Nigeria →

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 202 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

Indicator
Manufacturing, value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 10,059 data points, 1960–2025
Last refreshed

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.