Nigeria Industry Value Added (% of GDP) (2024)
Nigeria's Industry Value Added (% of GDP): 18.2 % of GDP in 2024, -0.9pp YoY. World Bank (NV.IND.TOTL.ZS), 1990–2024.
Nigeria (2024)
18.2
% of GDP
-0.9pp YoY
YoY Change
-0.9pp
percentage points
Trend
down
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 18.2 | -0.9pp |
| 2023 | 19.1 | -0pp |
| 2022 | 19.2 | +0.9pp |
| 2021 | 18.3 | -0.1pp |
| 2020 | 18.4 | -2.6pp |
| 2019 | 21 | -4.7pp |
| 2018 | 25.7 | +3.4pp |
| 2017 | 22.3 | +4.1pp |
| 2016 | 18.2 | -2pp |
| 2015 | 20.2 | -4.5pp |
| 2014 | 24.6 | -1.1pp |
| 2013 | 25.7 | -1.3pp |
| 2012 | 27.1 | -1.2pp |
| 2011 | 28.3 | +3pp |
| 2010 | 25.3 | +4.1pp |
| 2009 | 21.2 | -3.5pp |
| 2008 | 24.7 | +0.4pp |
| 2007 | 24.3 | -1.4pp |
| 2006 | 25.8 | -2.5pp |
| 2005 | 28.2 | n/a |
About this Dataset
Nigeria recorded 18.2 % of GDP in 2024. The most recent year-on-year change was -0.9pp. The historical series (1990–2024) shows a peak of 37.7 in 1992 and a trough of 18.2 in 2016.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks nigeria industry value added (% of gdp) in Nigeria, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 37.7 % of GDP in 1992 and reached its lowest recorded value of 18.2 in 2016. The latest reading of 18.2 in 2024 represents a year-on-year change of -0.9pp.