Nigeria

Value Added By Industry

31.41
as percent of GDP
Dec 83Dec 87Dec 90Dec 93Dec 96Dec 99Dec 02Dec 06Dec 09Dec 12Dec 15Dec 18Dec 210.00010.0020.0030.0040.00
  • Nigeria
  • Global Median
Source: IMF

Global Ranking

50
Egypt32.01
51
Mexico31.87
52
Botswana31.83
53
Chile31.75
54
Uzbekistan31.67
55
Nigeria31.41
57
Ecuador31.17
58
Turkey31.07
59
Peru30.45

Africa Ranking

8
Zimbabwe35.82
9
Lesotho35.12
10
Swaziland32.94
11
Egypt32.01
12
Botswana31.83
13
Nigeria31.41
14
Tanzania29.28
15
Mauritania28.84
16
Ghana28.26
17
Guinea27.7
18
Namibia27.06

News

Definition of Value Added By Industry

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 or 4.

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