Industrial Production in Nigeria increased 1.76 percent in the fourth quarter of 2024 over the same quarter in the previous year. This dataset provides - Nigeria Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Nigerian Data Center Server Market Report is Segmented by Form Factor (Blade Server, Rack Server, and Tower Server) and End User (IT and Telecommunication, BFSI, Government, Media and Entertainment, and Other End Users). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Nigeria: Value added by industry as percent of GDP: The latest value from 2024 is 29.65 percent, a decline from 32.58 percent in 2023. In comparison, the world average is 26.35 percent, based on data from 151 countries. Historically, the average for Nigeria from 1981 to 2024 is 29.75 percent. The minimum value, 18.17 percent, was reached in 2016 while the maximum of 39.25 percent was recorded in 1981.

Nigeria GDP: Basic Prices: Industry: Mfg: Textile, Apparel & Footwear data was reported at 2,344,799.634 NGN mn in 2017. This records an increase from the previous number of 2,027,013.199 NGN mn for 2016. Nigeria GDP: Basic Prices: Industry: Mfg: Textile, Apparel & Footwear data is updated yearly, averaging 91,875.831 NGN mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 2,344,799.634 NGN mn in 2017 and a record low of 2,817.616 NGN mn in 1981. Nigeria GDP: Basic Prices: Industry: Mfg: Textile, Apparel & Footwear data remains active status in CEIC and is reported by National Bureau of Statistics of the Federal Republic of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.A007: GDP: by Industry: Current Price: Annual.

In 2023, agriculture contributed around 22.72 percent to Nigeria’s GDP, 32.58 percent came from industry, and 42.77 percent from the services sector. Economic sectors The most common breakdown of economic activity in a country is looking at three economic sectors: The primary sector, which involves agriculture, forestry, and fishing, the secondary sector, industry, that includes manufacturing, processing, or transforming goods, and finally, the tertiary sector, services, i.e. providing information or services to consumers, such as in IT, tourism, or banking. A country’s contribution to GDP, and thus its own economy, is easily visible when looking at the performance of these three sectors. Soaring services in NigeriaLike in most thriving economies nowadays, the services sector is gaining momentum in Nigeria, because more and more people are moving from the countryside to the cities to find jobs. Nigeria is a mixed economy which focuses mainly on telecommunications, financial services, and technology, a strategy that is likely to pay off in the future and will see its GDP soaring. Nigeria’s reliance on oil is also an important contributor to its economic success; between 2001 and 2010, it was one of the countries with the highest GDP growth worldwide. However, oil prices are also responsible for a GDP growth slump in 2016 and for the first trade deficit in over a decade.

Key information about Nigeria Industrial Production Index Growth

• Nigeria Industrial production rose 4.1 % YoY in Jun 2024, following an increase of 3.3 % YoY in the previous quarter.
• Nigeria Industrial production index growth rate YoY data is updated quarterly, available from Mar 2011 to Jun 2024, with an average rate of -0.5 %.
• The data reached an all-time high of 27.6 % in Mar 2011 and a record low of -16.9 % in Dec 2016.

Industry (including construction), value added (% of GDP) in Nigeria was reported at 29.65 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nigeria - Industry, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Nigeria NG: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 8.741 % in 2017. This records an increase from the previous number of 8.680 % for 2016. Nigeria NG: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 18.809 % from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 54.207 % in 1982 and a record low of 6.452 % in 2010. Nigeria NG: GDP: % of GDP: Gross Value Added: Industry: Manufacturing 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: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

Nigeria NG: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at -0.212 % in 2017. This records an increase from the previous number of -4.318 % for 2016. Nigeria NG: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 4.524 % from Dec 1982 (Median) to 2017, with 36 observations. The data reached an all-time high of 39.050 % in 1985 and a record low of -33.827 % in 1983. Nigeria NG: GDP: Growth: Gross Value Added: Industry: Manufacturing 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: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

The Gross Domestic Product (GDP) in Nigeria was worth 187.76 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Nigeria represents 0.18 percent of the world economy. This dataset provides the latest reported value for - Nigeria GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Manufacturing Production in Nigeria increased 1.80 percent in December of 2024 over the same month in the previous year. This dataset provides - Nigeria Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nigeria ICT Market Report is Segmented by Type (Hardware, Software, IT Services, and Telecommunication Services), Size of Enterprise (Small and Medium Enterprises and Large Enterprises), and Industry Vertical (BFSI, IT and Telecom, Government, Retail and E-Commerce, Manufacturing, Energy and Utilities, and Other Industry Verticals). The Market Sizes and Forecasts are Provided in Value Terms (USD) for all the Above Segments.

Nigeria NG: GDP: % of Manufacturing: Medium and High Tech Industry data was reported at 33.436 % in 2015. This stayed constant from the previous number of 33.436 % for 2014. Nigeria NG: GDP: % of Manufacturing: Medium and High Tech Industry data is updated yearly, averaging 33.436 % from Dec 1990 (Median) to 2015, with 26 observations. The data reached an all-time high of 34.186 % in 1995 and a record low of 14.161 % in 1993. Nigeria NG: GDP: % of Manufacturing: Medium and High Tech 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.WDI: Gross Domestic Product: Share of GDP. The proportion of medium and high-tech industry value added in total value added of manufacturing; ; United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database; ;

Nigeria: Industry value added, billion USD: The latest value from 2023 is 118.56 billion U.S. dollars, a decline from 146.92 billion U.S. dollars in 2022. In comparison, the world average is 124.18 billion U.S. dollars, based on data from 168 countries. Historically, the average for Nigeria from 1981 to 2023 is 63.43 billion U.S. dollars. The minimum value, 15.57 billion U.S. dollars, was reached in 1989 while the maximum of 146.92 billion U.S. dollars was recorded in 2022.

Employment in industry (% of total employment) (modeled ILO estimate) in Nigeria was reported at 17.88 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nigeria - Employment in industry (% of total employment) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Industry (including construction), value added (current US$) in Nigeria was reported at 55667439728 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Nigeria - Industry, value added - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Industry is the main economic sector in Nigeria. According to a forecast, the contribution of the industry sector to GDP in the country will grow by *** percent in 2025 compared to a *** percent growth in the previous year. On the other hand, the GDP contribution of agriculture is expected to grow by *** percent in 2025.

The Nigeria Data Center Market report segments the industry into Hotspot (Lagos, Rest of Nigeria), Data Center Size (Massive, Medium, Mega, Small), Tier Type (Tier 3), and Absorption (Non-Utilized, Utilized). Get five years of historical data alongside five-year market forecasts.

GDP from Manufacturing in Nigeria increased to 1824923.04 NGN Million in the fourth quarter of 2024 from 1651873.40 NGN Million in the third quarter of 2024. This dataset provides the latest reported value for - Nigeria Gdp From Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Nigeria Industrial Production Index: Manufacturing data was reported at 196.130 2010=100 in Dec 2024. This records an increase from the previous number of 185.160 2010=100 for Sep 2024. Nigeria Industrial Production Index: Manufacturing data is updated quarterly, averaging 177.777 2010=100 from Mar 2010 (Median) to Dec 2024, with 60 observations. The data reached an all-time high of 208.380 2010=100 in Mar 2024 and a record low of 97.848 2010=100 in Mar 2010. Nigeria Industrial Production Index: Manufacturing data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.B001: Industrial Production Index: 2010=100.