TGM StatBox | Logo

Industry Sector Contribution to GDP in Nigeria (1990-2022)

Industry Sector Contribution to GDP in Nigeria (1990-2022)

Share the statistic on social media channels or embed the statistic in your website using "Embed Code", where available.

Share chart

Embed chart
Select Citation

Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook

  • APA
  • Chicago
  • Harvard
  • MLA
  • Bluebook
  • IEEE
TGM StatBox. (2024). Industry Sector Contribution to GDP in Nigeria (1990-2022). TGM StatBox.
Chart Details
Data Source: World Development Indicators.
Timeframe: 1990-2022
Country: Nigeria
Published date: 2024
Note: Industry (% of GDP), according to World Development Indicators, measures the contribution of the industrial sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of manufacturing, mining, construction, and utilities, indicating the value generated by industrial activities relative to the overall economy.
Key Takeaways
Nigeria’s industry sector contribution varied widely, peaking at 37.7% in 1992 and experiencing a significant decline to 18.2% by 2016 due to oil price volatility and political instability. Recovery began in 2017, with the sector reaching 30.8% in 2022, driven by efforts to diversify beyond oil, with investments in agriculture and manufacturing. Nigeria’s industrial trends highlight its dependence on oil exports and the challenges in broadening the industrial base amid global energy price fluctuations and economic reforms.

Further Recommended Statistics

Statbox vector
Life Expectancy at Birth in Nigeria from 1990 to 2022|Chart|TGM StatBox
Life Expectancy at Birth in Nigeria from 1990 to 2022
charts AFRICA Nigeria
Unemployment Rate Evolution in Nigeria from 2011 to 2022|Chart|TGM StatBox
Unemployment Rate Evolution in Nigeria from 2011 to 2022
charts AFRICA Nigeria
Trade Balance of Goods in Nigeria: Overview from 2017 to 2023|Chart|TGM StatBox
Trade Balance of Goods in Nigeria: Overview from 2017 to 2023
charts AFRICA Nigeria
Nigeria's Total Population from 1990 to 2023|Chart|TGM StatBox
Nigeria's Total Population from 1990 to 2023
charts AFRICA Nigeria
Agriculture Sector Contribution to GDP in Nigeria (1990-2022)|Chart|TGM StatBox
Agriculture Sector Contribution to GDP in Nigeria (1990-2022)
charts AFRICA Nigeria
Nigeria GDP Growth Rate by Year (1961–2023)|Chart|TGM StatBox
Nigeria GDP Growth Rate by Year (1961–2023)
charts AFRICA Nigeria
Changing Median Age of Population in Nigeria (2000-2030)|Chart|TGM StatBox
Changing Median Age of Population in Nigeria (2000-2030)
charts AFRICA Nigeria
Nigeria's General Government Debt (% of GDP), 1990-2022|Chart|TGM StatBox
Nigeria's General Government Debt (% of GDP), 1990-2022
charts AFRICA Nigeria
Net ODA Received in Nigeria (1990-2022): Yearly Data Overview|Chart|TGM StatBox
Net ODA Received in Nigeria (1990-2022): Yearly Data Overview
charts AFRICA Nigeria
Nigeria's Overall Balance (% of GDP): Net Lending/Borrowing Trends and Forecasts (1990-2029)|Chart|TGM StatBox
Nigeria's Overall Balance (% of GDP): Net Lending/Borrowing Trends and Forecasts (1990-2029)
charts AFRICA Nigeria
Urbanization Growth in Nigeria from 1990 to 2023|Chart|TGM StatBox
Urbanization Growth in Nigeria from 1990 to 2023
charts AFRICA Nigeria
Device Usage Breakdown in Nigeria (%)|Chart|TGM StatBox
Device Usage Breakdown in Nigeria (%)
charts AFRICA Nigeria
Trends in Working Age Population Percentage in Nigeria from 1990 to 2022|Chart|TGM StatBox
Trends in Working Age Population Percentage in Nigeria from 1990 to 2022
charts AFRICA Nigeria
Manufacturing Sector Contribution to GDP in Nigeria (1990-2022)|Chart|TGM StatBox
Manufacturing Sector Contribution to GDP in Nigeria (1990-2022)
charts AFRICA Nigeria
Population Growth Trends in Nigeria from 1990 to 2023|Chart|TGM StatBox
Population Growth Trends in Nigeria from 1990 to 2023
charts AFRICA Nigeria
Statbox |form contact icon

Have Other Queries?

Statbox vector

Connect with our expert team for immediate assistance or comprehensive market analysis. We are always ready to support your business needs.

Contact Us Request Market Research Service