Industry (including construction), value added in Nigeria

Nigeria: Industry (including construction), value added was 72.60 trillion current LCU in 2025. ◆ Volatile

Latest (2025)
72.60 trillion current LCU
Change on year
up 7.0%
World rank
16th
of 208 countries
All-time high
72.60 trillion current LCU
in 2025
All-time low
50.33 billion current LCU
in 1984
Years of data
45
1981–2025

Industry (including construction), value added in Nigeria, 1981–2025

020.0T40.0T60.0T80.0T1981200320251981: 54.7B current LCU1982: 51.9B current LCU1983: 54.2B current LCU1984: 50.3B current LCU1985: 62.9B current LCU1986: 65.0B current LCU1987: 80.5B current LCU1988: 102.9B current LCU1989: 146.8B current LCU1990: 175.2B current LCU1991: 218.1B current LCU1992: 341.7B current LCU1993: 417.1B current LCU1994: 554.0B current LCU1995: 1.1T current LCU1996: 1.5T current LCU1997: 1.6T current LCU1998: 1.4T current LCU1999: 1.6T current LCU2000: 2.4T current LCU2001: 2.3T current LCU2002: 2.7T current LCU2003: 3.5T current LCU2004: 5.1T current LCU2005: 6.5T current LCU2006: 7.8T current LCU2007: 8.4T current LCU2008: 9.9T current LCU2009: 9.2T current LCU2010: 13.8T current LCU2011: 17.9T current LCU2012: 19.6T current LCU2013: 20.9T current LCU2014: 22.2T current LCU2015: 19.2T current LCU2016: 18.6T current LCU2017: 25.6T current LCU2018: 33.2T current LCU2019: 43.1T current LCU2020: 39.2T current LCU2021: 44.4T current LCU2022: 52.6T current LCU2023: 60.1T current LCU2024: 67.8T current LCU2025: 72.6T current LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.

Analysis

Nigeria recorded 72.60 trillion current LCU for industry (including construction), value added in 2025. That is the highest value across all 45 years on record.

The figure is up 7.0% on the previous year and up 278.4% over ten years.

Over the whole period, industry (including construction), value added in Nigeria peaked at 72.60 trillion current LCU in 2025 and was at its lowest, 50.33 billion current LCU, in 1984.

That places Nigeria 16th out of 208 countries with data for 2025, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 74.35 billion current LCU 50.33 billion current LCU 146.83 billion current LCU 9
1990s 891.54 billion current LCU 175.16 billion current LCU 1.61 trillion current LCU 10
2000s 5.79 trillion current LCU 2.33 trillion current LCU 9.87 trillion current LCU 10
2010s 23.41 trillion current LCU 13.83 trillion current LCU 43.08 trillion current LCU 10
2020s 56.12 trillion current LCU 39.23 trillion current LCU 72.60 trillion current LCU 6

Countries ranked near Nigeria

  1. 13 Democratic Republic of Congo 96.75 trillion current LCU compare
  2. 14 Cambodia 88.76 trillion current LCU compare
  3. 15 India 87.08 trillion current LCU compare
  4. 17 Tanzania 68.23 trillion current LCU compare
  5. 18 Russia 63.58 trillion current LCU compare
  6. 19 Guinea 62.17 trillion current LCU compare

See the full ranking of 208 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is industry (including construction), value added in Nigeria?
Industry (including construction), value added in Nigeria was 72.60 trillion current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest industry (including construction), value added recorded in Nigeria?
The highest recorded value was 72.60 trillion current LCU in 2025.
What is the lowest industry (including construction), value added recorded in Nigeria?
The lowest recorded value was 50.33 billion current LCU in 1984.
How does Nigeria rank for industry (including construction), value added?
Nigeria ranks 16th out of 208 countries with data for 2025.
Is industry (including construction), value added rising or falling in Nigeria?
Over the last ten years it is up 278.4%. 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 Industry (including construction), value added (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Industry (including construction), value added (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
208 places, 9,055 data points, 1960–2025
Last refreshed

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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.