Services, value added (current LCU), annual growth rate in Nigeria
Nigeria: Services, value added (current LCU), annual growth rate was 28.36 % change on previous year in 2025. ◆ Volatile
Services, value added (current LCU), annual growth rate in Nigeria, 1982–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, services, value added (current lcu), annual growth rate in Nigeria stood at 28.36 % change on previous year.
That represents a change of up 21.4% on the previous year and up 112.7% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Nigeria peaked at 61.57 % change on previous year in 2019 and was at its lowest, 3.16 % change on previous year, in 2020.
Nigeria ranks 11th of 204 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current LCU), annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1982 | 14.13 % change on previous year | — |
| 1983 | 4.84 % change on previous year | -65.7% |
| 1984 | 5.42 % change on previous year | +11.8% |
| 1985 | 6.42 % change on previous year | +18.5% |
| 1986 | 7.36 % change on previous year | +14.6% |
| 1987 | 16.86 % change on previous year | +129.0% |
| 1988 | 21.79 % change on previous year | +29.2% |
| 1989 | 29.36 % change on previous year | +34.8% |
| 1990 | 18.39 % change on previous year | -37.4% |
| 1991 | 16.78 % change on previous year | -8.7% |
| 1992 | 52.88 % change on previous year | +215.1% |
| 1993 | 43.38 % change on previous year | -18.0% |
| 1994 | 41.25 % change on previous year | -4.9% |
| 1995 | 52.44 % change on previous year | +27.1% |
| 1996 | 26.02 % change on previous year | -50.4% |
| 1997 | 11.12 % change on previous year | -57.2% |
| 1998 | 26.84 % change on previous year | +141.3% |
| 1999 | 17.34 % change on previous year | -35.4% |
| 2000 | 29.45 % change on previous year | +69.8% |
| 2001 | 23.04 % change on previous year | -21.7% |
| 2002 | 17.76 % change on previous year | -22.9% |
| 2003 | 18.4 % change on previous year | +3.6% |
| 2004 | 48.06 % change on previous year | +161.2% |
| 2005 | 31.49 % change on previous year | -34.5% |
| 2006 | 42.56 % change on previous year | +35.2% |
| 2007 | 17.63 % change on previous year | -58.6% |
| 2008 | 12.95 % change on previous year | -26.6% |
| 2009 | 13.23 % change on previous year | +2.2% |
| 2010 | 25.18 % change on previous year | +90.3% |
| 2011 | 12.09 % change on previous year | -52.0% |
| 2012 | 16.79 % change on previous year | +38.9% |
| 2013 | 16.83 % change on previous year | +0.2% |
| 2014 | 15.06 % change on previous year | -10.5% |
| 2015 | 13.33 % change on previous year | -11.5% |
| 2016 | 10.86 % change on previous year | -18.6% |
| 2017 | 4.56 % change on previous year | -58.0% |
| 2018 | 4.72 % change on previous year | +3.6% |
| 2019 | 61.57 % change on previous year | +1203.7% |
| 2020 | 3.16 % change on previous year | -94.9% |
| 2021 | 11.55 % change on previous year | +265.1% |
| 2022 | 12.42 % change on previous year | +7.5% |
| 2023 | 15.72 % change on previous year | +26.6% |
| 2024 | 23.35 % change on previous year | +48.6% |
| 2025 | 28.36 % change on previous year | +21.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.27 % change on previous year | 4.84 % change on previous year | 29.36 % change on previous year | 8 |
| 1990s | 30.65 % change on previous year | 11.12 % change on previous year | 52.88 % change on previous year | 10 |
| 2000s | 25.46 % change on previous year | 12.95 % change on previous year | 48.06 % change on previous year | 10 |
| 2010s | 18.1 % change on previous year | 4.56 % change on previous year | 61.57 % change on previous year | 10 |
| 2020s | 15.76 % change on previous year | 3.16 % change on previous year | 28.36 % change on previous year | 6 |
Countries ranked near Nigeria
- 8 Cuba 31.15 % change on previous year compare
- 9 Angola 30.46 % change on previous year compare
- 10 South Sudan 29.9 % change on previous year compare
- 12 Egypt 26.14 % change on previous year compare
- 13 Ethiopia 25.02 % change on previous year compare
- 14 Kiribati 23.74 % 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)
- Services, value added (current US$), annual growth rate 24.94 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5823 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 712.91 current US$ per person (2025)
- Services, value added (current LCU), per unit of GDP 884.19 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 1.08 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.14 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 1.15 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 1,403 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (current lcu), annual growth rate in Nigeria?
- Services, value added (current lcu), annual growth rate in Nigeria was 28.36 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Nigeria?
- The highest recorded value was 61.57 % change on previous year in 2019.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Nigeria?
- The lowest recorded value was 3.16 % change on previous year in 2020.
- How does Nigeria rank for services, value added (current lcu), annual growth rate?
- Nigeria ranks 11th out of 204 countries with data for 2025.
- Is services, value added (current lcu), annual growth rate rising or falling in Nigeria?
- Over the last ten years it is up 112.7%. 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 (current 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.