Nigeria NG: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry

1981 - 2017 | Yearly | USD mn | World Bank

Nigeria NG: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry data was reported at 101.427 USD bn in 2017. This records an increase from the previous number of 99.257 USD bn for 2016. Nigeria NG: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry data is updated yearly, averaging 60.930 USD bn from Dec 1981 to 2017, with 37 observations. The data reached an all-time high of 111.393 USD bn in 2014 and a record low of 39.162 USD bn in 1983. Nigeria NG: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Real. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.

View Nigeria's Nigeria NG: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry from 1981 to 2017 in the chart:

Nigeria Nigeria NG: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry

What was Nigeria's Nigeria NG: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry in 2017?

Last Previous Min Max Unit Frequency Range
101,426.62 2017 99,257.12 2016 39,161.71 1983 111,393.06 2014 USD mn yearly 1981 - 2017

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 6,977.346 2028 yearly 1990 - 2028
Forecast: Nominal GDP Per Capita (USD) 3,860.079 2027 yearly 1990 - 2027
Forecast: Real GDP Growth (%) 2.904 2027 yearly 1991 - 2027
GDP Deflator Growth (%) 11.3 Dec 2022 quarterly Mar 2011 - Dec 2022
GDP per Capita (USD) 2,057.020 2021 yearly 1981 - 2021
Gross Fixed Capital Formation (USD mn) 35,279.191 Jun 2023 quarterly Mar 2010 - Jun 2023
Gross National Product (GNP) (USD mn) 459,752.025 2022 yearly 1960 - 2022
Gross Savings Rate (%) 30.6 2022 yearly 1981 - 2022
Investment: % of GDP (%) 33.0 2022 yearly 1981 - 2022
Nominal GDP (USD mn) 111,302.5 Mar 2023 quarterly Mar 2010 - Mar 2023
Nominal GDP Growth (%) 16.080 Sep 2023 quarterly Mar 2011 - Sep 2023
Private Consumption Expenditure (USD mn) 63,343.172 Jun 2023 quarterly Mar 2010 - Jun 2023
Private Consumption: % of GDP (%) 65.0 2022 yearly 1981 - 2022
Public Consumption Expenditure (USD mn) 4,663.659 Jun 2023 quarterly Mar 2010 - Jun 2023
Public Consumption: % of GDP (%) 4.4 2022 yearly 1981 - 2022
Real GDP Growth (%) 2.3 Mar 2023 quarterly Mar 2011 - Mar 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 29.308 Jun 2023 quarterly Mar 2010 - Jun 2023
Production Last Frequency Range
Gold Production (kg) 350.000 2022 yearly 1993 - 2022
Industrial Production Index Growth (%) -0.3 Sep 2023 quarterly Mar 2011 - Sep 2023
Minerals Production (Metric Ton) 121,204,122.000 2021 yearly 2009 - 2021
Motor Vehicle Production (Unit) 2,040.000 2008 yearly 1999 - 2008
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.8 Sep 2023 quarterly Dec 2010 - Sep 2023
Forecast: Government Expenditure (NGN bn) 69,308.370 2028 yearly 1990 - 2028
Forecast: Government Net Debt (NGN bn) 205,772.040 2028 yearly 1990 - 2028
Forecast: Government Revenue (NGN bn) 42,354.640 2028 yearly 1990 - 2028
Government Debt: % of GDP (%) 39.8 Dec 2023 quarterly Dec 2010 - Dec 2023
National Government Debt (USD mn) 101,710.7 Dec 2023 quarterly Dec 2006 - Dec 2023
Consolidated Fiscal Balance (USD mn) -3,071.175 Sep 2023 quarterly Mar 2005 - Sep 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 46,488,079.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Forecast: Population (Person mn) 250.830 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 22.562 2018 yearly 2010 - 2018
Labour Force Participation Rate (%) 59.1 2023 yearly 1990 - 2023
Labour Productivity Growth (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Population (Person mn) 211.5 2021 yearly 1950 - 2021
Unemployment Rate (%) 4.10 Mar 2023 quarterly Dec 2022 - Mar 2023
Domestic Trade and Household Survey Last Frequency Range
Consumer Confidence Growth (% Point) -1.3 Dec 2020 quarterly Jun 2010 - Dec 2020
Consumer Confidence: Net Balance (% Point) 28.9 Dec 2020 quarterly Jun 2009 - Dec 2020
Motor Vehicle Sales: Commercial Cars (Unit) 4,700.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicle Sales: Passenger Cars (Unit) 5,100.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicles Sales (Unit) 9,800 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) -42.4 2019 yearly 2006 - 2019

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