Nigeria

Value Added By The Manufacturing Sector

14.61
percent of GDP
Dec 81Dec 84Dec 87Dec 90Dec 93Dec 96Dec 99Dec 03Dec 06Dec 09Dec 12Dec 15Dec 18Dec 210.0006.00012.0018.0024.00
  • Nigeria
  • Global Median
Source: IMF

Global Ranking

55
Finland15.27
56
Italy15.23
59
Senegal14.76
60
Nigeria14.61
61
Tunisia14.54
62
India14.07
63
Guatemala14.01
64
Nicaragua13.97
65
Costa Rica13.88

Africa Ranking

8
Uganda16.47
9
Egypt15.5
10
Morocco15.43
11
Lesotho15.4
12
Senegal14.76
13
Nigeria14.61
14
Tunisia14.54
15
Togo13.71
16
Cameroon13.29
17
Mauritius11.85

News

Definition of Value Added By The Manufacturing Sector

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.

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