Value Added (Total Manufacturing) — Value US$, annual growth rate in Nigeria
Nigeria: Value Added (Total Manufacturing) — Value US$, annual growth rate was -10.79 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, annual growth rate in Nigeria, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added (total manufacturing) — value us$, annual growth rate in Nigeria stood at -10.79 % change on previous year.
Compared with earlier readings it is down 1,647.5% on the previous year and down 136.5% over ten years.
Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Nigeria peaked at 72.22 % change on previous year in 1975 and was at its lowest, -51.76 % change on previous year, in 1987.
Nigeria ranks 218th of 236 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.72 % change on previous year | — |
| 1972 | 30.08 % change on previous year | +347.4% |
| 1973 | 27.97 % change on previous year | -7.0% |
| 1974 | 38.03 % change on previous year | +36.0% |
| 1975 | 72.22 % change on previous year | +89.9% |
| 1976 | 30.99 % change on previous year | -57.1% |
| 1977 | 7.1 % change on previous year | -77.1% |
| 1978 | 14.42 % change on previous year | +103.0% |
| 1979 | 20.18 % change on previous year | +40.0% |
| 1980 | 27.3 % change on previous year | +35.2% |
| 1981 | 0.1817 % change on previous year | -99.3% |
| 1982 | -1.53 % change on previous year | -943.7% |
| 1983 | 2.75 % change on previous year | -279.1% |
| 1984 | -17 % change on previous year | -718.9% |
| 1985 | 15.3 % change on previous year | -190.0% |
| 1986 | -46.38 % change on previous year | -403.2% |
| 1987 | -51.76 % change on previous year | +11.6% |
| 1988 | 27.77 % change on previous year | -153.7% |
| 1989 | -29.29 % change on previous year | -205.5% |
| 1990 | 5.84 % change on previous year | -119.9% |
| 1991 | 6.08 % change on previous year | +4.1% |
| 1992 | -20.34 % change on previous year | -434.6% |
| 1993 | 13.23 % change on previous year | -165.0% |
| 1994 | -1.06 % change on previous year | -108.0% |
| 1995 | -2.53 % change on previous year | +138.6% |
| 1996 | 1.37 % change on previous year | -154.0% |
| 1997 | 5.25 % change on previous year | +284.2% |
| 1998 | -5.71 % change on previous year | -208.8% |
| 1999 | -4.97 % change on previous year | -13.0% |
| 2000 | 0.2502 % change on previous year | -105.0% |
| 2001 | 6.54 % change on previous year | +2512.2% |
| 2002 | 9.29 % change on previous year | +42.2% |
| 2003 | 12.3 % change on previous year | +32.4% |
| 2004 | 17.08 % change on previous year | +38.8% |
| 2005 | 19.63 % change on previous year | +14.9% |
| 2006 | 17.95 % change on previous year | -8.5% |
| 2007 | 10.79 % change on previous year | -39.9% |
| 2008 | 18.88 % change on previous year | +75.0% |
| 2009 | -16.87 % change on previous year | -189.4% |
| 2010 | 4.06 % change on previous year | -124.0% |
| 2011 | 23.58 % change on previous year | +481.3% |
| 2012 | 20.59 % change on previous year | -12.7% |
| 2013 | 29.58 % change on previous year | +43.6% |
| 2014 | 19.14 % change on previous year | -35.3% |
| 2015 | -14.87 % change on previous year | -177.7% |
| 2016 | -24.68 % change on previous year | +65.9% |
| 2017 | -6.48 % change on previous year | -73.8% |
| 2018 | 23.88 % change on previous year | -468.8% |
| 2019 | 34.36 % change on previous year | +43.9% |
| 2020 | -0.4005 % change on previous year | -101.2% |
| 2021 | 17.76 % change on previous year | -4534.9% |
| 2022 | 0.697 % change on previous year | -96.1% |
| 2023 | -10.79 % change on previous year | -1647.4% |
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, annual growth rate 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.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +4534.9% | -0.4005 % change on previous year | 17.76 % change on previous year |
| 2001 | +2512.2% | 0.2502 % change on previous year | 6.54 % change on previous year |
| 2023 | -1647.4% | 0.697 % change on previous year | -10.79 % change on previous year |
| 1982 | -943.7% | 0.1817 % change on previous year | -1.53 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.52 % change on previous year | 6.72 % change on previous year | 72.22 % change on previous year | 9 |
| 1980s | -7.27 % change on previous year | -51.76 % change on previous year | 27.77 % change on previous year | 10 |
| 1990s | -0.2847 % change on previous year | -20.34 % change on previous year | 13.23 % change on previous year | 10 |
| 2000s | 9.58 % change on previous year | -16.87 % change on previous year | 19.63 % change on previous year | 10 |
| 2010s | 10.92 % change on previous year | -24.68 % change on previous year | 34.36 % change on previous year | 10 |
| 2020s | 1.82 % change on previous year | -10.79 % change on previous year | 17.76 % change on previous year | 4 |
Countries ranked near Nigeria
- 215 Russia -9.67 % change on previous year compare
- 215 Russian Federation -9.67 % change on previous year compare
- 217 Singapore -9.99 % change on previous year compare
- 219 Suriname -11.66 % change on previous year compare
- 220 Oman -12.75 % change on previous year compare
- 221 Afghanistan -13.55 % 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$, annual growth rate in Nigeria?
- Value added (total manufacturing) — value us$, annual growth rate in Nigeria was -10.79 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Nigeria?
- The highest recorded value was 72.22 % change on previous year in 1975.
- What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Nigeria?
- The lowest recorded value was -51.76 % change on previous year in 1987.
- How does Nigeria rank for value added (total manufacturing) — value us$, annual growth rate?
- Nigeria ranks 218th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, annual growth rate rising or falling in Nigeria?
- Over the last ten years it is down 136.5%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value US$ Food and Agriculture Organization of the United Nations
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 Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.