Added value in manufacturing fell 54.6% to USD 25.4 bil in Nigeria in 2024, according to the National Statistical Office.
Historically, added value in manufacturing in Nigeria reached an all time high of USD 64.9 bil in 2022 and an all time low of USD 8.08 bil in 1989.
Nigeria has been ranked 45th within the group of 122 countries we follow in terms of added value in manufacturing, 13 places below the position seen 10 years ago.
Manufacturing, Added Value (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Algeria | USD bil | 13.8 | 12.4 | 10.4 | 15.3 | 23.0 | ... | |||||||||||||||
Benin | USD bil | 1.31 | 1.42 | 1.52 | 1.68 | 1.71 | ||||||||||||||||
Burkina Faso | USD bil | 1.67 | 1.67 | 1.78 | 1.93 | 2.06 | ||||||||||||||||
Cameroon | USD bil | 5.47 | 5.09 | 5.37 | 5.99 | 5.93 | ||||||||||||||||
Central African Republic | USD bil | 0.403 | 0.395 | 0.412 | 0.471 | 0.437 | ... | |||||||||||||||
Chad | USD bil | 0.323 | 0.323 | 0.342 | ... | ... | ... | ... | ||||||||||||||
Gabon | USD bil | 3.19 | 3.17 | 2.85 | 4.21 | 4.16 | ||||||||||||||||
Libya | USD bil | 2.15 | 2.02 | ... | ... | ... | ... | ... | ||||||||||||||
Mali | USD bil | 1.71 | 1.53 | 1.46 | 1.80 | 1.60 | ||||||||||||||||
Niger | USD bil | 0.948 | 0.947 | 1.02 | 1.14 | 1.08 | ... | ... | ||||||||||||||
Nigeria | USD bil | 40.7 | 54.7 | 54.7 | 64.4 | 64.9 | ||||||||||||||||
Sudan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||||
Togo | USD bil | 0.932 | 0.883 | 0.959 | 1.05 | 1.03 | ... |