Industry value added — all countries

Industry value added — Nigeria

Industry value added in Nigeria in 2025 — 47,816,741,064 US$. Ranked 51 in the world out of 158. Since 1981, the indicator has fallen by 25.9%.

2025 47.82B US$ +4.17% vs 2024
World rank 51of 158
Period maximum 141B US$2014
Period minimum 15.57B US$1989

Trend over time

1981–2025 · US$

Industry value added — Nigeria, 1981–2025050B100B150B19811986199119962001200620112016202120251981: 64,548,444,323 US$1982: 49,696,885,355 US$1983: 33,127,270,362 US$1984: 22,299,505,263 US$1985: 24,680,219,723 US$1986: 17,993,190,819 US$1987: 17,323,517,773 US$1988: 16,192,782,091 US$1989: 15,573,478,537 US$1990: 19,134,251,719 US$1991: 22,004,430,880 US$1992: 19,630,936,430 US$1993: 18,816,835,855 US$1994: 25,179,864,018 US$1995: 51,492,776,768 US$1996: 69,547,576,268 US$1997: 70,797,455,582 US$1998: 62,690,778,355 US$1999: 17,367,179,006 US$2000: 23,395,862,360 US$2001: 20,799,410,716 US$2002: 21,901,251,043 US$2003: 27,234,657,453 US$2004: 38,543,661,708 US$2005: 49,541,882,383 US$2006: 61,406,061,928 US$2007: 67,741,818,006 US$2008: 83,899,011,865 US$2009: 62,650,322,719 US$2010: 92,912,623,574 US$2011: 117,202,057,473 US$2012: 125,610,954,977 US$2013: 133,890,235,362 US$2014: 141,499,599,246 US$2015: 99,398,039,146 US$2016: 73,537,418,564 US$2017: 83,848,100,239 US$2018: 108,527,454,573 US$2019: 140,353,200,840 US$2020: 109,930,447,002 US$2021: 111,193,393,064 US$2022: 124,014,256,430 US$2023: 93,238,447,684 US$2024: 45,903,460,234 US$2025: 47,816,741,064 US$
Change over the period: −16.73B (−25.92%) Average annual rate: -0.68 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Nigeria

Nigeria 47.82B US$
World 29.57T US$
Western Africa computed 156B US$
Lower-middle-income countries computed 2.38T US$
Industry value added — Nigeria, by year Nigeria All countries CSV XLSX
Year US$ Change Change, %
2025 47.82B +1.91B +4.17%
2024 45.9B −47.33B −50.77%
2023 93.24B −30.78B −24.82%
2022 124B +12.82B +11.53%
2021 111B +1.26B +1.15%
2020 110B −30.42B −21.68%
2019 140B +31.83B +29.33%
2018 109B +24.68B +29.43%
2017 83.85B +10.31B +14.02%
2016 73.54B −25.86B −26.02%
2015 99.4B −42.1B −29.75%
2014 141B +7.61B +5.68%
2013 134B +8.28B +6.59%
2012 126B +8.41B +7.17%
2011 117B +24.29B +26.14%
2010 92.91B +30.26B +48.3%
2009 62.65B −21.25B −25.33%
2008 83.9B +16.16B +23.85%
2007 67.74B +6.34B +10.32%
2006 61.41B +11.86B +23.95%
2005 49.54B +11B +28.53%
2004 38.54B +11.31B +41.52%
2003 27.23B +5.33B +24.35%
2002 21.9B +1.1B +5.3%
2001 20.8B −2.6B −11.1%
2000 23.4B +6.03B +34.71%
1999 17.37B −45.32B −72.3%
1998 62.69B −8.11B −11.45%
1997 70.8B +1.25B +1.8%
1996 69.55B +18.05B +35.06%
1995 51.49B +26.31B +104.5%
1994 25.18B +6.36B +33.82%
1993 18.82B −814M −4.15%
1992 19.63B −2.37B −10.79%
1991 22B +2.87B +15%
1990 19.13B +3.56B +22.86%
1989 15.57B −619M −3.82%
1988 16.19B −1.13B −6.53%
1987 17.32B −670M −3.72%
1986 17.99B −6.69B −27.09%
1985 24.68B +2.38B +10.68%
1984 22.3B −10.83B −32.69%
1983 33.13B −16.57B −33.34%
1982 49.7B −14.85B −23.01%
1981 64.55B

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

Source: World Development Indicators (World Bank), license CC BY 4.0.