Services value added — all countries

Services value added — Nigeria

Services value added in Nigeria in 2025 — 169,335,890,995 US$. Ranked 44 in the world out of 158. Since 1981, the indicator has risen by 116.6%.

2025 169B US$ +24.93% vs 2024
World rank 44of 158
Period maximum 353B US$2019
Period minimum 18.63B US$1989

Trend over time

1981–2025 · US$

Services value added — Nigeria, 1981–20250100B200B300B400B19811986199119962001200620112016202120251981: 78,163,697,470 US$1982: 72,377,643,788 US$1983: 48,454,295,792 US$1984: 37,002,590,670 US$1985: 34,895,418,798 US$1986: 26,395,895,082 US$1987: 24,005,805,864 US$1988: 21,362,250,384 US$1989: 18,633,555,492 US$1990: 22,720,651,920 US$1991: 24,503,936,565 US$1992: 21,336,359,488 US$1993: 24,021,423,995 US$1994: 34,184,091,495 US$1995: 52,111,320,795 US$1996: 65,670,918,586 US$1997: 72,976,840,227 US$1998: 92,566,712,818 US$1999: 25,780,442,451 US$2000: 30,296,027,060 US$2001: 34,000,257,703 US$2002: 37,042,502,723 US$2003: 41,000,599,075 US$2004: 58,860,824,182 US$2005: 78,496,998,902 US$2006: 115,623,963,596 US$2007: 139,025,716,757 US$2008: 166,259,727,491 US$2009: 150,399,625,744 US$2010: 186,390,189,243 US$2011: 204,095,956,296 US$2012: 232,847,959,249 US$2013: 272,367,689,184 US$2014: 310,938,468,444 US$2015: 286,558,062,693 US$2016: 241,919,874,794 US$2017: 209,683,766,283 US$2018: 219,376,321,268 US$2019: 353,468,881,442 US$2020: 313,581,670,109 US$2021: 312,557,368,807 US$2022: 331,075,925,855 US$2023: 252,049,310,591 US$2024: 135,539,202,628 US$2025: 169,335,890,995 US$
Change over the period: +91.17B (+116.64%) Average annual rate: 1.77 %

Comparison, 2025

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

Nigeria 169B US$
World computed 46.11T US$
Sub-Saharan Africa 1.11T US$
Western Africa computed 360B US$
Lower-middle-income countries computed 4.42T US$
Services value added — Nigeria, by year Nigeria All countries CSV XLSX
Year US$ Change Change, %
2025 169B +33.8B +24.93%
2024 136B −117B −46.23%
2023 252B −79.03B −23.87%
2022 331B +18.52B +5.92%
2021 313B −1.02B −0.33%
2020 314B −39.89B −11.28%
2019 353B +134B +61.12%
2018 219B +9.69B +4.62%
2017 210B −32.24B −13.33%
2016 242B −44.64B −15.58%
2015 287B −24.38B −7.84%
2014 311B +38.57B +14.16%
2013 272B +39.52B +16.97%
2012 233B +28.75B +14.09%
2011 204B +17.71B +9.5%
2010 186B +35.99B +23.93%
2009 150B −15.86B −9.54%
2008 166B +27.23B +19.59%
2007 139B +23.4B +20.24%
2006 116B +37.13B +47.3%
2005 78.5B +19.64B +33.36%
2004 58.86B +17.86B +43.56%
2003 41B +3.96B +10.69%
2002 37.04B +3.04B +8.95%
2001 34B +3.7B +12.23%
2000 30.3B +4.52B +17.52%
1999 25.78B −66.79B −72.15%
1998 92.57B +19.59B +26.84%
1997 72.98B +7.31B +11.13%
1996 65.67B +13.56B +26.02%
1995 52.11B +17.93B +52.44%
1994 34.18B +10.16B +42.31%
1993 24.02B +2.69B +12.58%
1992 21.34B −3.17B −12.93%
1991 24.5B +1.78B +7.85%
1990 22.72B +4.09B +21.93%
1989 18.63B −2.73B −12.77%
1988 21.36B −2.64B −11.01%
1987 24.01B −2.39B −9.05%
1986 26.4B −8.5B −24.36%
1985 34.9B −2.11B −5.69%
1984 37B −11.45B −23.63%
1983 48.45B −23.92B −33.05%
1982 72.38B −5.79B −7.4%
1981 78.16B

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

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