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World Bank · Economy

Nigeria: Services, value added (constant LCU)

123.32Tconstant LCU · 2025+16.3% since 2015

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units. Annual figures for Nigeria from 1981 to 2025.

19862025

Every year

YearValue (constant LCU)Note
2025123,323,291,525,400
2024118,418,273,948,600
2023113,397,383,294,400
2022109,352,826,970,000
2021105,511,751,945,200
2020102,659,089,420,700
2019108,486,841,231,400
2018106,133,363,790,100
2017104,228,802,511,600
2016105,189,653,701,300
2015106,054,444,202,100
2014101,215,300,563,500
201394,730,085,412,900
201287,402,649,868,700
201184,066,311,321,400
201080,142,249,030,300
200971,000,722,689,800
200863,152,528,803,100
200755,886,584,733,300
200649,520,134,642,100
200544,068,785,508,400
200439,833,716,059,100
200333,195,205,112,200
200232,368,685,339,100
200129,060,592,038,700
200027,061,034,917,400
199926,183,854,428,000
199825,175,805,168,300
199724,056,148,693,100
199623,210,679,803,500
199522,644,364,979,000
199422,206,186,077,800
199321,797,689,962,500
199221,044,201,698,000
199120,335,992,249,300
199019,791,937,918,641.3
198918,585,549,230,319.6
198817,770,132,043,055.6
198716,934,752,061,916.8
198616,392,561,005,629.1
198515,886,209,341,954.9
198415,465,511,016,019.3
198316,076,347,476,828.1
198216,192,635,893,250.5
198115,694,436,412,756.9

Source

Published by World Bank, produced by National statistical offices, Central banks, World Bank. Licence: CC BY 4.0. Retrieved 2026-11-05.

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Cite or download

World Bank (2026). Services, value added (constant LCU). Interva. https://interva.co/dataset/worldbank-services-value-added-kn (accessed 2026-11-07). catalog snapshot 2026-11-05.

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Nigeria: Services, value added (constant LCU) (1981–2025) · Interva