Nigeria Services Value Added (% of GDP) (2024)
Nigeria's Services Value Added (% of GDP): 53.7 % of GDP in 2024, +2pp YoY. World Bank (NV.SRV.TOTL.ZS), 1990–2024.
Nigeria (2024)
53.7
% of GDP
+2pp YoY
YoY Change
+2pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 53.7 | +2pp |
| 2023 | 51.7 | +0.5pp |
| 2022 | 51.2 | -0.1pp |
| 2021 | 51.3 | -1.1pp |
| 2020 | 52.4 | -0.5pp |
| 2019 | 52.9 | +0.9pp |
| 2018 | 52 | -3.8pp |
| 2017 | 55.8 | -4pp |
| 2016 | 59.8 | +1.7pp |
| 2015 | 58.1 | +4pp |
| 2014 | 54.2 | +1.8pp |
| 2013 | 52.4 | +2.2pp |
| 2012 | 50.2 | +0.9pp |
| 2011 | 49.2 | -1.6pp |
| 2010 | 50.8 | -0.2pp |
| 2009 | 51 | +2pp |
| 2008 | 49 | -1pp |
| 2007 | 50 | +1.5pp |
| 2006 | 48.5 | +3.8pp |
| 2005 | 44.7 | n/a |
About this Dataset
Nigeria recorded 53.7 % of GDP in 2024. The most recent year-on-year change was +2.0pp. The historical series (1990–2024) shows a peak of 59.8 in 2016 and a trough of 35.4 in 1996.
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 services 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 59.8 % of GDP in 2016 and reached its lowest recorded value of 35.4 in 1996. The latest reading of 53.7 in 2024 represents a year-on-year change of +2.0pp.