Services, value added (constant LCU), annual growth rate in Nigeria
Nigeria: Services, value added (constant LCU), annual growth rate was 4.14 % change on previous year in 2025. ◆ Volatile
Services, value added (constant LCU), annual growth rate in Nigeria, 1982–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (constant lcu), annual growth rate in Nigeria is 4.14 % change on previous year, measured in 2025.
Compared with earlier readings it is down 6.5% on the previous year and down 13.4% over ten years.
Over the whole period, services, value added (constant lcu), annual growth rate in Nigeria peaked at 20 % change on previous year in 2004 and was at its lowest, -5.37 % change on previous year, in 2020.
That places Nigeria 75th out of 196 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.
Services, value added (constant LCU), annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1982 | 3.17 % change on previous year | — |
| 1983 | -0.7182 % change on previous year | -122.6% |
| 1984 | -3.8 % change on previous year | +429.0% |
| 1985 | 2.72 % change on previous year | -171.6% |
| 1986 | 3.19 % change on previous year | +17.2% |
| 1987 | 3.31 % change on previous year | +3.8% |
| 1988 | 4.93 % change on previous year | +49.1% |
| 1989 | 4.59 % change on previous year | -7.0% |
| 1990 | 6.49 % change on previous year | +41.5% |
| 1991 | 2.75 % change on previous year | -57.6% |
| 1992 | 3.48 % change on previous year | +26.7% |
| 1993 | 3.58 % change on previous year | +2.8% |
| 1994 | 1.87 % change on previous year | -47.7% |
| 1995 | 1.97 % change on previous year | +5.3% |
| 1996 | 2.5 % change on previous year | +26.7% |
| 1997 | 3.64 % change on previous year | +45.6% |
| 1998 | 4.65 % change on previous year | +27.8% |
| 1999 | 4 % change on previous year | -14.0% |
| 2000 | 3.35 % change on previous year | -16.3% |
| 2001 | 7.39 % change on previous year | +120.6% |
| 2002 | 11.38 % change on previous year | +54.1% |
| 2003 | 2.55 % change on previous year | -77.6% |
| 2004 | 20 % change on previous year | +683.2% |
| 2005 | 10.63 % change on previous year | -46.8% |
| 2006 | 12.37 % change on previous year | +16.3% |
| 2007 | 12.86 % change on previous year | +3.9% |
| 2008 | 13 % change on previous year | +1.1% |
| 2009 | 12.43 % change on previous year | -4.4% |
| 2010 | 12.88 % change on previous year | +3.6% |
| 2011 | 4.9 % change on previous year | -62.0% |
| 2012 | 3.97 % change on previous year | -18.9% |
| 2013 | 8.38 % change on previous year | +111.2% |
| 2014 | 6.85 % change on previous year | -18.3% |
| 2015 | 4.78 % change on previous year | -30.2% |
| 2016 | -0.8147 % change on previous year | -117.0% |
| 2017 | -0.9136 % change on previous year | +12.1% |
| 2018 | 1.83 % change on previous year | -300.0% |
| 2019 | 2.22 % change on previous year | +21.4% |
| 2020 | -5.37 % change on previous year | -342.2% |
| 2021 | 2.78 % change on previous year | -151.7% |
| 2022 | 3.64 % change on previous year | +31.0% |
| 2023 | 3.7 % change on previous year | +1.6% |
| 2024 | 4.43 % change on previous year | +19.7% |
| 2025 | 4.14 % change on previous year | -6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.17 % change on previous year | -3.8 % change on previous year | 4.93 % change on previous year | 8 |
| 1990s | 3.5 % change on previous year | 1.87 % change on previous year | 6.49 % change on previous year | 10 |
| 2000s | 10.6 % change on previous year | 2.55 % change on previous year | 20 % change on previous year | 10 |
| 2010s | 4.41 % change on previous year | -0.9136 % change on previous year | 12.88 % change on previous year | 10 |
| 2020s | 2.22 % change on previous year | -5.37 % change on previous year | 4.43 % change on previous year | 6 |
Countries ranked near Nigeria
- 72 Namibia 4.24 % change on previous year compare
- 73 Singapore 4.2 % change on previous year compare
- 74 Costa Rica 4.16 % change on previous year compare
- 76 Andorra 4.14 % change on previous year compare
- 77 Saint Vincent and the Grenadines 4.09 % change on previous year compare
- 78 Antigua and Barbuda 4.04 % change on previous year compare
More economy & growth data for Nigeria
- 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0826 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 101.09 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 125.38 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 153,496 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.15 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 183.61 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 75,054 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 4.17 % change on previous year (2025)
Frequently asked questions
- What is services, value added (constant lcu), annual growth rate in Nigeria?
- Services, value added (constant lcu), annual growth rate in Nigeria was 4.14 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), annual growth rate recorded in Nigeria?
- The highest recorded value was 20 % change on previous year in 2004.
- What is the lowest services, value added (constant lcu), annual growth rate recorded in Nigeria?
- The lowest recorded value was -5.37 % change on previous year in 2020.
- How does Nigeria rank for services, value added (constant lcu), annual growth rate?
- Nigeria ranks 75th out of 196 countries with data for 2025.
- Is services, value added (constant lcu), annual growth rate rising or falling in Nigeria?
- Over the last ten years it is down 13.4%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.