What is mining and quarrying, value added in Nigeria?

Mining and quarrying, value added in Nigeria was 7.53 trillion current LCU in 2007, according to World Bank national accounts data, and OECD National Accounts data files.

What is the highest mining and quarrying, value added recorded in Nigeria?

The highest recorded value was 7.53 trillion current LCU in 2007.

What is the lowest mining and quarrying, value added recorded in Nigeria?

The lowest recorded value was 1.80 trillion current LCU in 2002.

How does Nigeria rank for mining and quarrying, value added?

Nigeria ranks 2nd out of 50 countries with data for 2007.

Is mining and quarrying, value added rising or falling in Nigeria?

Over the last ten years it is up 318.8%. The long-run trend across the full record is rising.

Where does this Nigeria data come from?

The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Mining and quarrying, value added (current LCU). Statizoid updates them automatically from the source API.

Mining and quarrying, value added in Nigeria

Name: Mining and quarrying, value added in Nigeria
Creator: World Bank national accounts data, and OECD National Accounts data files
License: CC BY 4.0 (World Bank Open Data)

Nigeria: Mining and quarrying, value added was 7.53 trillion current LCU in 2007. ▲ Rising

Latest (2007)

7.53 trillion current LCU

Change on year

up 7.9%

World rank

2nd

of 50 countries

All-time high

7.53 trillion current LCU

in 2007

All-time low

1.80 trillion current LCU

in 2002

Years of data

2002–2007

Mining and quarrying, value added in Nigeria, 2002–2007

Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.

Analysis

The most recent figure for mining and quarrying, value added in Nigeria is 7.53 trillion current LCU, measured in 2007. That is the highest value across all 6 years on record.

Compared with earlier readings it is up 7.9% on the previous year and up 318.8% over ten years.

That places Nigeria 2nd out of 50 countries with data for 2007, putting it in the top 10%.

Countries ranked near Nigeria

1 Guinea 7.93 trillion current LCU compare
3 Equatorial Guinea 6.15 trillion current LCU compare
4 Angola 4.73 trillion current LCU compare
5 Congo 4.71 trillion current LCU compare

See the full ranking of 50 places →

More economy & growth data for Nigeria

Inflation of consumer prices 23.0% (2025)
GDP per capita 2,369 constant 2015 US$ (2025)
Share of manufacturing in gross domestic product (GDP) 8.3% (2025)
Gross domestic product (GDP) 562.59 billion constant 2015 US$ (2025)
GDP per capita in international and market dollars 2,369 constant 2015 US$ (2025)
DEC alternative conversion factor 1,518 LCU per US$ (2025)
Net secondary income (Net current transfers from abroad) 35.23 trillion current LCU (2025)
Net secondary income (Net current transfers from abroad) 23.20 billion current US$ (2025)
Taxes less subsidies on products 10.36 trillion current LCU (2025)
Taxes less subsidies on products 6.82 billion current US$ (2025)

All data for Nigeria →

Frequently asked questions

What is mining and quarrying, value added in Nigeria?: Mining and quarrying, value added in Nigeria was 7.53 trillion current LCU in 2007, according to World Bank national accounts data, and OECD National Accounts data files.
What is the highest mining and quarrying, value added recorded in Nigeria?: The highest recorded value was 7.53 trillion current LCU in 2007.
What is the lowest mining and quarrying, value added recorded in Nigeria?: The lowest recorded value was 1.80 trillion current LCU in 2002.
How does Nigeria rank for mining and quarrying, value added?: Nigeria ranks 2nd out of 50 countries with data for 2007.
Is mining and quarrying, value added rising or falling in Nigeria?: Over the last ten years it is up 318.8%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?: The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Mining and quarrying, value added (current LCU). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator: Mining and quarrying, value added (current LCU)
Unit: current LCU
Source: World Bank national accounts data, and OECD National Accounts data files
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 50 places, 1,670 data points, 1965–2011
Last refreshed: 07 August 2026

Value added in mining and quarrying is defined as the value of output of the mining and quarrying industries less the value of intermediate consumption (intermediate inputs). Mining and quarrying is a subset of industry (ISIC 10-14). Data are in current local currency.