Industry (including construction), value added in Nigeria

Nigeria: Industry (including construction), value added was 47.82 billion current US$ in 2025. ◆ Volatile

Latest (2025)
47.82 billion current US$
Change on year
up 4.2%
World rank
58th
of 208 countries
All-time high
141.50 billion current US$
in 2014
All-time low
15.57 billion current US$
in 1989
Years of data
45
1981–2025

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

050.0B100.0B150.0B1981200320251981: 64.5B current US$1982: 49.7B current US$1983: 33.1B current US$1984: 22.3B current US$1985: 24.7B current US$1986: 18.0B current US$1987: 17.3B current US$1988: 16.2B current US$1989: 15.6B current US$1990: 19.1B current US$1991: 22.0B current US$1992: 19.6B current US$1993: 18.8B current US$1994: 25.2B current US$1995: 51.5B current US$1996: 69.5B current US$1997: 70.8B current US$1998: 62.7B current US$1999: 17.4B current US$2000: 23.4B current US$2001: 20.8B current US$2002: 21.9B current US$2003: 27.2B current US$2004: 38.5B current US$2005: 49.5B current US$2006: 61.4B current US$2007: 67.7B current US$2008: 83.9B current US$2009: 62.7B current US$2010: 92.9B current US$2011: 117.2B current US$2012: 125.6B current US$2013: 133.9B current US$2014: 141.5B current US$2015: 99.4B current US$2016: 73.5B current US$2017: 83.8B current US$2018: 108.5B current US$2019: 140.4B current US$2020: 109.9B current US$2021: 111.2B current US$2022: 124.0B current US$2023: 93.2B current US$2024: 45.9B current US$2025: 47.8B current US$

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

Analysis

The most recent figure for industry (including construction), value added in Nigeria is 47.82 billion current US$, measured in 2025.

That represents a change of up 4.2% on the previous year and down 51.9% over ten years.

Over the whole period, industry (including construction), value added in Nigeria peaked at 141.50 billion current US$ in 2014 and was at its lowest, 15.57 billion current US$, in 1989.

Nigeria ranks 58th of 208 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 29.05 billion current US$ 15.57 billion current US$ 64.55 billion current US$ 9
1990s 37.67 billion current US$ 17.37 billion current US$ 70.80 billion current US$ 10
2000s 45.71 billion current US$ 20.80 billion current US$ 83.90 billion current US$ 10
2010s 111.68 billion current US$ 73.54 billion current US$ 141.50 billion current US$ 10
2020s 88.68 billion current US$ 45.90 billion current US$ 124.01 billion current US$ 6

Countries ranked near Nigeria

  1. 55 Hungary 56.62 billion current US$ compare
  2. 56 New Zealand 49.83 billion current US$ compare
  3. 57 Uzbekistan 47.85 billion current US$ compare
  4. 59 Morocco 46.04 billion current US$ compare
  5. 60 Slovakia 43.43 billion current US$ compare
  6. 61 Greece 42.71 billion current US$ compare

See the full ranking of 255 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 47.82 billion current US$ 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 141.50 billion current US$ in 2014.
What is the lowest industry (including construction), value added recorded in Nigeria?
The lowest recorded value was 15.57 billion current US$ in 1989.
How does Nigeria rank for industry (including construction), value added?
Nigeria ranks 58th 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 down 51.9%. 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 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Industry (including construction), value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
255 places, 11,330 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 indicator is expressed in United States dollars.