Services, value added in Nigeria
Nigeria: Services, value added was 169.34 billion current US$ in 2025. ◆ Volatile
Services, value added in Nigeria, 1981–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for services, value added in Nigeria is 169.34 billion current US$, measured in 2025.
Compared with earlier readings it is up 24.9% on the previous year and down 40.9% over ten years.
Over the whole period, services, value added in Nigeria peaked at 353.47 billion current US$ in 2019 and was at its lowest, 18.63 billion current US$, in 1989.
Nigeria ranks 51st of 205 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 40.14 billion current US$ | 18.63 billion current US$ | 78.16 billion current US$ | 9 |
| 1990s | 43.59 billion current US$ | 21.34 billion current US$ | 92.57 billion current US$ | 10 |
| 2000s | 85.10 billion current US$ | 30.30 billion current US$ | 166.26 billion current US$ | 10 |
| 2010s | 251.76 billion current US$ | 186.39 billion current US$ | 353.47 billion current US$ | 10 |
| 2020s | 252.36 billion current US$ | 135.54 billion current US$ | 331.08 billion current US$ | 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 services, value added in Nigeria?
- Services, value added in Nigeria was 169.34 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Nigeria?
- The highest recorded value was 353.47 billion current US$ in 2019.
- What is the lowest services, value added recorded in Nigeria?
- The lowest recorded value was 18.63 billion current US$ in 1989.
- How does Nigeria rank for services, value added?
- Nigeria ranks 51st out of 205 countries with data for 2025.
- Is services, value added rising or falling in Nigeria?
- Over the last ten years it is down 40.9%. 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 Services, value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.