What is mining and quarrying, value added in Nigeria?

Mining and quarrying, value added in Nigeria was 59.88 billion current US$ 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 59.88 billion current US$ in 2007.

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

The lowest recorded value was 14.92 billion current US$ in 2002.

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

Nigeria ranks 1st 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 301.4%. 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 US$). 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 59.88 billion current US$ in 2007. ▲ Rising

Latest (2007)

59.88 billion current US$

Change on year

up 10.3%

World rank

1st

of 50 countries

All-time high

59.88 billion current US$

in 2007

All-time low

14.92 billion current US$

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 US$.

Analysis

In 2007, mining and quarrying, value added in Nigeria stood at 59.88 billion current US$. That is the highest value across all 6 years on record.

The figure is up 10.3% on the previous year and up 301.4% over ten years.

That places Nigeria 1st out of 50 countries with data for 2007, putting it in the top 10%.

Countries ranked near Nigeria

2 Libya 57.76 billion current US$ compare
3 Algeria 56.21 billion current US$ compare
4 Angola 50.46 billion current US$ compare

See the full ranking of 53 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 59.88 billion current US$ 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 59.88 billion current US$ in 2007.
What is the lowest mining and quarrying, value added recorded in Nigeria?: The lowest recorded value was 14.92 billion current US$ in 2002.
How does Nigeria rank for mining and quarrying, value added?: Nigeria ranks 1st 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 301.4%. 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 US$). 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 US$)
Unit: current US$
Source: World Bank national accounts data, and OECD National Accounts data files
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 53 places, 1,780 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 U.S. dollars.