Nigeria vs Russia: Industry (including construction), value added
Industry (including construction), value added over time
- Nigeria
- Russia
How they compare
Nigeria currently reports 37.19 trillion constant LCU against 29.89 trillion constant LCU in Russia, a difference of 7.29 trillion constant LCU.
That makes Nigeria's figure about 1.2 times Russia's.
Across all 36 years both countries report, Nigeria has been ahead every year.
Globally, Nigeria ranks 17th and Russia ranks 19th of 199 countries.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.