Nigeria - Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Nigeria was 488,430,000,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between 498,012,000,000 in 2019 and 111,955,000,000 in 1984.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 136,381,000,000
1982 127,100,000,000
1983 113,215,000,000
1984 111,955,000,000
1985 118,577,000,000
1986 118,649,000,000
1987 122,446,000,000
1988 131,427,000,000
1989 133,950,000,000
1990 149,727,000,000
1991 150,263,000,000
1992 157,222,000,000
1993 154,020,000,000
1994 151,221,000,000
1995 151,107,000,000
1996 157,444,000,000
1997 162,064,000,000
1998 166,240,000,000
1999 167,201,000,000
2000 175,586,000,000
2001 185,974,000,000
2002 214,483,000,000
2003 230,246,000,000
2004 251,544,000,000
2005 267,736,000,000
2006 283,955,000,000
2007 302,666,000,000
2008 323,135,000,000
2009 349,103,000,000
2010 380,983,000,000
2011 401,205,000,000
2012 418,080,000,000
2013 441,023,000,000
2014 468,468,000,000
2015 481,521,000,000
2016 473,898,000,000
2017 477,803,000,000
2018 486,935,000,000
2019 498,012,000,000
2020 488,430,000,000

Aggregation method: Gap-filled total

Base Period: 2010

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts