Manufacturing, value added (current US$) in Nigeria
Nigeria: Manufacturing, value added (current US$) 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$, in 1989.
That places Nigeria 56th out of 205 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (current US$) 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
- 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 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.
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.