Gross value added at basic prices (GVA) in Nigeria
Nigeria: Gross value added at basic prices (GVA) was 221.55 trillion constant LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Nigeria, 1981–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Nigeria is 221.55 trillion constant LCU, measured in 2025. That is the highest value across all 45 years on record.
That represents a change of up 3.9% on the previous year and up 12.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Nigeria peaked at 221.55 trillion constant LCU in 2025 and was at its lowest, 45.94 trillion constant LCU, in 1984.
Nigeria ranks 9th of 197 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 50.77 trillion constant LCU | 45.94 trillion constant LCU | 55.96 trillion constant LCU | 9 |
| 1990s | 64.28 trillion constant LCU | 61.44 trillion constant LCU | 68.61 trillion constant LCU | 10 |
| 2000s | 106.04 trillion constant LCU | 72.05 trillion constant LCU | 143.24 trillion constant LCU | 10 |
| 2010s | 185.79 trillion constant LCU | 156.32 trillion constant LCU | 204.34 trillion constant LCU | 10 |
| 2020s | 203.91 trillion constant LCU | 190.13 trillion constant LCU | 221.55 trillion constant LCU | 6 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- DEC alternative conversion factor 1,518 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 35.23 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 23.20 billion current US$ (2025)
- Taxes less subsidies on products 10.36 trillion current LCU (2025)
- Taxes less subsidies on products 6.82 billion current US$ (2025)
- Net primary income (Net income from abroad) -13.80 trillion current LCU (2025)
- Net primary income (Net income from abroad) -9.09 billion current US$ (2025)
- GNI per capita 1.80 million current LCU (2025)
- GNI per capita, Atlas method 1,360 current US$ (2025)
- GNI 427.73 trillion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Nigeria?
- Gross value added at basic prices (gva) in Nigeria was 221.55 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Nigeria?
- The highest recorded value was 221.55 trillion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Nigeria?
- The lowest recorded value was 45.94 trillion constant LCU in 1984.
- How does Nigeria rank for gross value added at basic prices (gva)?
- Nigeria ranks 9th out of 197 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Nigeria?
- Over the last ten years it is up 12.1%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.