Nigeria: Industry value added

The latest value from 2025 is 47.82 billion U.S. dollars, an increase from 45.9 billion U.S. dollars in 2024. In comparison, the world average is 139.02 billion U.S. dollars, based on data from 156 countries. Historically, the average for Nigeria from 1981 to 2025 is 60.98 billion U.S. dollars. The minimum value, 15.57 billion U.S. dollars, was reached in 1989 while the maximum of 141.5 billion U.S. dollars was recorded in 2014. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.