Nigeria - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in Nigeria was 13,724 as of 2019. Over the past 28 years, the value for this indicator has fluctuated between 16,871 in 2011 and 12,546 in 1999.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1991 15,403
1992 16,076
1993 14,665
1994 13,465
1995 12,828
1996 13,364
1997 13,385
1998 13,271
1999 12,546
2000 13,348
2001 13,860
2002 13,966
2003 15,410
2004 15,530
2005 15,853
2006 15,582
2007 15,242
2008 14,845
2009 15,123
2010 15,817
2011 16,871
2012 16,266
2013 15,662
2014 16,477
2015 15,744
2016 14,471
2017 14,307
2018 13,978
2019 13,724

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Nigeria was $121,995,000,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $134,721,000,000 in 2014 and $9,206,611,000 in 1993.

Definition: 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. Data are in current U.S. dollars.

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

See also:

Year Value
1981 $64,548,450,000
1982 $49,696,890,000
1983 $33,127,270,000
1984 $22,299,500,000
1985 $24,680,220,000
1986 $17,993,190,000
1987 $17,323,520,000
1988 $16,192,780,000
1989 $15,573,480,000
1990 $19,134,250,000
1991 $18,156,910,000
1992 $18,023,280,000
1993 $9,206,611,000
1994 $10,595,960,000
1995 $16,100,640,000
1996 $19,125,580,000
1997 $19,195,760,000
1998 $15,672,690,000
1999 $17,433,990,000
2000 $23,489,650,000
2001 $20,933,020,000
2002 $21,977,690,000
2003 $27,279,640,000
2004 $38,720,030,000
2005 $49,672,600,000
2006 $60,800,640,000
2007 $67,100,300,000
2008 $83,899,000,000
2009 $62,650,310,000
2010 $91,511,610,000
2011 $114,523,000,000
2012 $123,318,000,000
2013 $130,949,000,000
2014 $134,721,000,000
2015 $98,143,350,000
2016 $73,537,580,000
2017 $83,848,270,000
2018 $102,210,000,000
2019 $122,707,000,000
2020 $121,995,000,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Nigeria was 43,530,800,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 43,530,800,000,000 in 2020 and a minimum value of 50,329,990,000 in 1984.

Definition: 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. Data are in current local currency.

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

Year Value
1981 54,672,530,000
1982 51,883,550,000
1983 54,163,090,000
1984 50,329,990,000
1985 62,860,520,000
1986 65,045,390,000
1987 80,467,740,000
1988 102,938,000,000
1989 146,827,000,000
1990 175,155,000,000
1991 218,119,000,000
1992 341,660,000,000
1993 417,059,000,000
1994 553,957,000,000
1995 1,132,840,000,000
1996 1,530,050,000,000
1997 1,557,540,000,000
1998 1,379,200,000,000
1999 1,609,820,000,000
2000 2,388,830,000,000
2001 2,328,410,000,000
2002 2,650,030,000,000
2003 3,525,140,000,000
2004 5,145,430,000,000
2005 6,520,740,000,000
2006 7,822,110,000,000
2007 8,441,760,000,000
2008 9,874,380,000,000
2009 9,229,810,000,000
2010 13,826,400,000,000
2011 17,853,100,000,000
2012 19,587,700,000,000
2013 20,853,800,000,000
2014 22,213,000,000,000
2015 19,188,600,000,000
2016 18,641,200,000,000
2017 25,639,900,000,000
2018 33,218,300,000,000
2019 39,879,700,000,000
2020 43,530,800,000,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Nigeria was 89,670,590,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between 100,395,000,000 in 2014 and 49,506,020,000 in 1983.

Definition: 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. 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 70,479,780,000
1982 61,099,350,000
1983 49,506,020,000
1984 50,324,460,000
1985 52,579,470,000
1986 50,056,340,000
1987 52,765,830,000
1988 57,055,930,000
1989 56,624,320,000
1990 66,850,060,000
1991 65,425,660,000
1992 69,433,860,000
1993 64,704,530,000
1994 60,875,080,000
1995 59,041,800,000
1996 62,377,160,000
1997 63,561,550,000
1998 63,810,790,000
1999 61,175,600,000
2000 65,739,150,000
2001 69,417,870,000
2002 70,312,010,000
2003 78,861,890,000
2004 80,250,900,000
2005 81,611,510,000
2006 80,008,690,000
2007 78,466,360,000
2008 76,862,400,000
2009 78,788,250,000
2010 82,910,800,000
2011 89,867,920,000
2012 92,049,640,000
2013 94,040,560,000
2014 100,395,000,000
2015 98,143,350,000
2016 89,457,300,000
2017 91,376,990,000
2018 93,086,890,000
2019 95,239,170,000
2020 89,670,590,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Nigeria was -5.85 as of 2020. As the graph below shows, over the past 38 years this indicator reached a maximum value of 18.06 in 1990 and a minimum value of -18.97 in 1983.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1982 -13.31
1983 -18.97
1984 1.65
1985 4.48
1986 -4.80
1987 5.41
1988 8.13
1989 -0.76
1990 18.06
1991 -2.13
1992 6.13
1993 -6.81
1994 -5.92
1995 -3.01
1996 5.65
1997 1.90
1998 0.39
1999 -4.13
2000 7.46
2001 5.60
2002 1.29
2003 12.16
2004 1.76
2005 1.70
2006 -1.96
2007 -1.93
2008 -2.04
2009 2.51
2010 5.23
2011 8.39
2012 2.43
2013 2.16
2014 6.76
2015 -2.24
2016 -8.85
2017 2.15
2018 1.87
2019 2.31
2020 -5.85

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Nigeria was 14,953,700,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 16,742,200,000,000 in 2014 and a minimum value of 8,255,760,000,000 in 1983.

Definition: 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. Data are in constant local currency.

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

Year Value
1981 11,753,400,000,000
1982 10,189,100,000,000
1983 8,255,760,000,000
1984 8,392,250,000,000
1985 8,768,300,000,000
1986 8,347,530,000,000
1987 8,799,380,000,000
1988 9,514,810,000,000
1989 9,442,830,000,000
1990 11,148,100,000,000
1991 10,910,600,000,000
1992 11,579,000,000,000
1993 10,790,300,000,000
1994 10,151,700,000,000
1995 9,845,970,000,000
1996 10,402,200,000,000
1997 10,599,700,000,000
1998 10,641,300,000,000
1999 10,201,800,000,000
2000 10,962,800,000,000
2001 11,576,300,000,000
2002 11,725,400,000,000
2003 13,151,200,000,000
2004 13,382,900,000,000
2005 13,609,800,000,000
2006 13,342,500,000,000
2007 13,085,300,000,000
2008 12,817,800,000,000
2009 13,138,900,000,000
2010 13,826,400,000,000
2011 14,986,600,000,000
2012 15,350,500,000,000
2013 15,682,500,000,000
2014 16,742,200,000,000
2015 16,366,700,000,000
2016 14,918,100,000,000
2017 15,238,300,000,000
2018 15,523,400,000,000
2019 15,882,300,000,000
2020 14,953,700,000,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Nigeria was 28.22 as of 2020. Its highest value over the past 39 years was 39.25 in 1981, while its lowest value was 18.17 in 2016.

Definition: 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.

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

See also:

Year Value
1981 39.25
1982 34.81
1983 34.12
1984 30.35
1985 33.47
1986 32.83
1987 32.89
1988 32.61
1989 35.39
1990 35.41
1991 36.97
1992 37.71
1993 33.17
1994 31.32
1995 36.54
1996 37.45
1997 35.25
1998 28.70
1999 29.36
2000 33.82
2001 28.28
2002 23.04
2003 26.00
2004 28.39
2005 28.20
2006 25.75
2007 24.34
2008 24.71
2009 21.24
2010 25.32
2011 28.28
2012 27.07
2013 25.74
2014 24.64
2015 20.16
2016 18.17
2017 22.32
2018 25.73
2019 27.38
2020 28.22

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts