Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in Nigeria

Nigeria: Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual was -12.02 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-12.02 % change on previous year
Change on year
down 603.7%
World rank
212th
of 222 countries
All-time high
47.54 % change on previous year
in 1975
All-time low
-58.88 % change on previous year
in 1987
Years of data
53
1971–2023

Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in Nigeria, 1971–2023

-50-2502550197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, value added deflator (manufacturing) — value us$, 2015 prices, annual in Nigeria stood at -12.02 % change on previous year.

The figure is down 603.7% on the previous year and down 288.1% over ten years.

Over the whole period, value added deflator (manufacturing) — value us$, 2015 prices, annual in Nigeria peaked at 47.54 % change on previous year in 1975 and was at its lowest, -58.88 % change on previous year, in 1987.

Nigeria ranks 212th of 222 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in Nigeria, year by year

Annual values for Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual growth rate in Nigeria, 1971 to 2023.
Year % change on previous year Change
1971 4.58 % change on previous year
1972 11.8 % change on previous year +157.7%
1973 2.85 % change on previous year -75.9%
1974 34.53 % change on previous year +1112.9%
1975 47.54 % change on previous year +37.7%
1976 6.15 % change on previous year -87.1%
1977 -2.51 % change on previous year -140.8%
1978 1.79 % change on previous year -171.4%
1979 10.32 % change on previous year +475.4%
1980 10.52 % change on previous year +2.0%
1981 -9.97 % change on previous year -194.8%
1982 15.34 % change on previous year -253.8%
1983 44.77 % change on previous year +191.9%
1984 -10.55 % change on previous year -123.6%
1985 9.58 % change on previous year -190.9%
1986 -40.98 % change on previous year -527.6%
1987 -58.88 % change on previous year +43.7%
1988 10.98 % change on previous year -118.6%
1989 -16.04 % change on previous year -246.1%
1990 -1.27 % change on previous year -92.1%
1991 -2.57 % change on previous year +102.8%
1992 -28.91 % change on previous year +1023.8%
1993 37.26 % change on previous year -228.9%
1994 13.23 % change on previous year -64.5%
1995 13.15 % change on previous year -0.6%
1996 -1.76 % change on previous year -113.4%
1997 3.14 % change on previous year -278.2%
1998 -1.05 % change on previous year -133.5%
1999 -7.12 % change on previous year +577.0%
2000 0.0808 % change on previous year -101.1%
2001 4.1 % change on previous year +4972.4%
2002 -7.17 % change on previous year -275.0%
2003 25.91 % change on previous year -461.4%
2004 18.33 % change on previous year -29.2%
2005 16.93 % change on previous year -7.6%
2006 17 % change on previous year +0.4%
2007 10.68 % change on previous year -37.2%
2008 15.42 % change on previous year +44.3%
2009 -19.77 % change on previous year -228.2%
2010 1.52 % change on previous year -107.7%
2011 4.89 % change on previous year +222.7%
2012 6.29 % change on previous year +28.4%
2013 6.39 % change on previous year +1.6%
2014 3.85 % change on previous year -39.8%
2015 -13.61 % change on previous year -454.0%
2016 -21.28 % change on previous year +56.3%
2017 -6.28 % change on previous year -70.5%
2018 21.34 % change on previous year -440.0%
2019 33.34 % change on previous year +56.2%
2020 2.42 % change on previous year -92.7%
2021 13.95 % change on previous year +476.1%
2022 -1.71 % change on previous year -112.2%
2023 -12.02 % change on previous year +603.7%

Biggest year-on-year movements

Years where Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2001 +4972.4% 0.0808 % change on previous year 4.1 % change on previous year
1974 +1112.9% 2.85 % change on previous year 34.53 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 13.01 % change on previous year -2.51 % change on previous year 47.54 % change on previous year 9
1980s -4.52 % change on previous year -58.88 % change on previous year 44.77 % change on previous year 10
1990s 2.41 % change on previous year -28.91 % change on previous year 37.26 % change on previous year 10
2000s 8.15 % change on previous year -19.77 % change on previous year 25.91 % change on previous year 10
2010s 3.64 % change on previous year -21.28 % change on previous year 33.34 % change on previous year 10
2020s 0.6597 % change on previous year -12.02 % change on previous year 13.95 % change on previous year 4

Countries ranked near Nigeria

  1. 209 Zimbabwe -10.02 % change on previous year compare
  2. 210 Lesotho -10.03 % change on previous year compare
  3. 211 Russian Federation -11.48 % change on previous year compare
  4. 213 Belarus -14.43 % change on previous year compare
  5. 214 Afghanistan -14.98 % change on previous year compare
  6. 215 Angola -15.46 % change on previous year compare

See the full ranking of 246 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is value added deflator (manufacturing) — value us$, 2015 prices, annual in Nigeria?
Value added deflator (manufacturing) — value us$, 2015 prices, annual in Nigeria was -12.02 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added deflator (manufacturing) — value us$, 2015 prices, annual recorded in Nigeria?
The highest recorded value was 47.54 % change on previous year in 1975.
What is the lowest value added deflator (manufacturing) — value us$, 2015 prices, annual recorded in Nigeria?
The lowest recorded value was -58.88 % change on previous year in 1987.
How does Nigeria rank for value added deflator (manufacturing) — value us$, 2015 prices, annual?
Nigeria ranks 212th out of 222 countries with data for 2023.
Is value added deflator (manufacturing) — value us$, 2015 prices, annual rising or falling in Nigeria?
Over the last ten years it is down 288.1%. 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 Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-us-2015-prices-annual-growth-rate/nigeria/

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<a href="https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-us-2015-prices-annual-growth-rate/nigeria/">Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual in Nigeria</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Value Added Deflator (Manufacturing) — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
246 places, 11,954 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.