Nigeria NG: GDP: Real: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing

1981 - 2024 | Yearly | NGN mn | World Bank

Nigeria NG: GDP: Real: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data was reported at 19,535,878.835 NGN mn in 2024. This records an increase from the previous number of 19,306,490.277 NGN mn for 2023. Nigeria NG: GDP: Real: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data is updated yearly, averaging 7,817,084.495 NGN mn from Dec 1981 (Median) to 2024, with 44 observations. The data reached an all-time high of 19,535,878.835 NGN mn in 2024 and a record low of 2,303,505.416 NGN mn in 1984. Nigeria NG: GDP: Real: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing 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.WDI: Gross Domestic Product: Real. Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.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 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.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;

View Nigeria's Nigeria NG: GDP: Real: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing from 1981 to 2024 in the chart:

Nigeria Nigeria NG: GDP: Real: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing

What was Nigeria's Nigeria NG: GDP: Real: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing in 2024?

Last Previous Min Max Unit Frequency Range
19,535,878.835 2024 19,306,490.277 2023 2,303,505.416 1984 19,535,878.835 2024 NGN mn yearly 1981 - 2024

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Nigeria Key Series

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 (%) -55.7 Mar 2025 quarterly Mar 2011 - Mar 2025
GDP per Capita (USD) 2,955.323 2022 yearly 1981 - 2022
Gross Fixed Capital Formation (USD mn) 14,876.726 Dec 2024 quarterly Mar 2010 - Dec 2024
Gross National Product (GNP) (USD mn) 181,127.703 2024 yearly 1960 - 2024
Gross Savings Rate (%) 48.5 2024 yearly 1981 - 2024
Investment: % of GDP (%) 23.7 2024 yearly 1981 - 2024
Nominal GDP (USD mn) 63,773.0 Jun 2025 quarterly Mar 2010 - Jun 2025
Nominal GDP Growth (%) 19.229 Jun 2025 quarterly Mar 2011 - Jun 2025
Private Consumption Expenditure (USD mn) 32,910.143 Dec 2024 quarterly Mar 2010 - Dec 2024
Private Consumption: % of GDP (%) 47.0 2024 yearly 1981 - 2024
Public Consumption Expenditure (USD mn) 3,332.565 Dec 2024 quarterly Mar 2010 - Dec 2024
Public Consumption: % of GDP (%) 4.6 2024 yearly 1981 - 2024
Real GDP Growth (%) 4.2 Jun 2025 quarterly Mar 2011 - Jun 2025
Total Trade of Goods & Services: % of Nominal GDP (%) 43.197 Dec 2024 quarterly Mar 2010 - Dec 2024
Production Last Frequency Range
Gold Production (kg) 3,400.000 2023 yearly 1993 - 2023
Industrial Production Index Growth (%) 4.0 Jun 2025 quarterly Mar 2011 - Jun 2025
Minerals Production (Metric Ton) 108,414,478.000 2023 yearly 2009 - 2023
Motor Vehicle Production (Unit) 2,040.000 2008 yearly 1999 - 2008
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.0 Dec 2024 quarterly Dec 2010 - Dec 2024
Forecast: Government Expenditure (NGN bn) 109,186.865 2030 yearly 1990 - 2030
Forecast: Government Net Debt (NGN bn) 295,803.687 2030 yearly 1990 - 2030
Forecast: Government Revenue (NGN bn) 80,747.215 2030 yearly 1990 - 2030
Government Debt: % of GDP (%) 37.5 Jun 2025 quarterly Dec 2010 - Jun 2025
National Government Debt (USD mn) 97,066.2 Jun 2025 quarterly Dec 2006 - Jun 2025
Consolidated Fiscal Balance (USD mn) -1,902.660 Dec 2024 quarterly Mar 2005 - Dec 2024
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 (%) 82.6 2024 yearly 1990 - 2024
Labour Productivity Growth (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Population (Person mn) 216.8 2022 yearly 1950 - 2022
Unemployment Rate (%) 4.30 Jun 2024 quarterly Dec 2022 - Jun 2024
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 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 5,100.000 2019 yearly 2005 - 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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