Other services, value added in Nigeria
Nigeria: Other services, value added was 906.30 million current LCU in 1970. ◆ Volatile
Other services, value added in Nigeria, 1965–1970
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
In 1970, other services, value added in Nigeria stood at 906.30 million current LCU. That is the highest value across all 6 years on record.
That represents a change of up 96.7% on the previous year and up 424.8% over ten years.
That places Nigeria 41st out of 45 countries with data for 1970, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 241.92 million current LCU | 150.90 million current LCU | 460.80 million current LCU | 5 |
| 1970s | 906.30 million current LCU | 906.30 million current LCU | 906.30 million current LCU | 1 |
Countries ranked near Nigeria
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)
Frequently asked questions
- What is other services, value added in Nigeria?
- Other services, value added in Nigeria was 906.30 million current LCU in 1970, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest other services, value added recorded in Nigeria?
- The highest recorded value was 906.30 million current LCU in 1970.
- What is the lowest other services, value added recorded in Nigeria?
- The lowest recorded value was 150.90 million current LCU in 1967.
- How does Nigeria rank for other services, value added?
- Nigeria ranks 41st out of 45 countries with data for 1970.
- Is other services, value added rising or falling in Nigeria?
- Over the last ten years it is up 424.8%. The long-run trend across the full record is volatile.
- 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 Other services, value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Value added in other services is defined as the value of output of the 'other services' industry less the value of intermediate consumption (intermediate inputs). Other services is a subset of services, comprising real estate, renting and business activities (excluding services of owner occupied dwellings), education, health and social work, other community, social and personal service activities, private households with employed persons, and extra territorial organizations (ISIC 70-74, 80-99). Data are in current local currency.