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Nigeria Manufacturing Output 1981-2024

Manufacturing refers to industries belonging to ISIC divisions 15-37. 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.
  • Nigeria manufacturing output for 2023 was $55.74B, a 13.24% decline from 2022.
  • Nigeria manufacturing output for 2022 was $64.25B, a 0.25% decline from 2021.
  • Nigeria manufacturing output for 2021 was $64.41B, a 17.65% increase from 2020.
  • Nigeria manufacturing output for 2020 was $54.75B, a 0.13% increase from 2019.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
India $455.77B
Indonesia $255.96B
Vietnam $102.63B
Bangladesh $97.73B
Philippines $70.90B
Egypt $59.64B
Nigeria $55.74B
Pakistan $45.94B
Morocco $20.51B
Uzbekistan $17.71B
Sri Lanka $15.12B
Ukraine $14.74B
Ghana $8.57B
Tunisia $7.35B
Angola $6.78B
Cameroon $6.36B
Cambodia $5.82B
Honduras $5.27B
El Salvador $4.76B
Georgia $2.52B
Nicaragua $2.45B
Zambia $2.34B
Kyrgyz Republic $1.76B
Lao PDR $1.47B
Mongolia $1.37B
Moldova $1.36B
Kosovo $1.33B
Eswatini $1.27B
Mauritania $0.53B
Lesotho $0.29B
Cabo Verde $0.12B
Micronesia $0.00B
Nigeria Manufacturing Output - Historical Data
Year Billions of US $ % of GDP
2023 $55.74B 15.36%
2022 $64.25B 13.59%
2021 $64.41B 14.61%
2020 $54.75B 12.67%
2019 $54.68B 11.52%
2018 $40.69B 9.65%
2017 $32.85B 8.74%
2016 $35.12B 8.68%
2015 $46.48B 9.43%
2014 $55.33B 9.64%
2013 $46.44B 8.93%
2012 $35.84B 7.72%
2011 $29.72B 7.17%
2010 $24.05B 6.55%
2009 $23.12B 7.84%
2008 $27.73B 8.17%
2007 $23.38B 8.40%
2006 $21.11B 8.85%
2005 $17.67B 10.06%
2004 $14.75B 10.86%
2003 $12.63B 12.06%
2002 $11.23B 11.81%
2001 $10.24B 13.93%
2000 $9.64B 13.93%
1999 $9.62B 16.26%
1998 $38.11B 17.45%
1997 $38.56B 19.20%
1996 $35.48B 19.10%
1995 $28.18B 19.99%
1994 $16.83B 20.93%
1993 $10.42B 18.38%
1992 $9.19B 17.65%
1991 $11.60B 19.49%
1990 $9.61B 17.78%
1989 $8.08B 18.35%
1988 $10.44B 21.02%
1987 $9.89B 18.78%
1986 $11.51B 21.01%
1985 $15.53B 21.05%
1984 $13.03B 17.74%
1983 $20.49B 21.10%
1982 $29.03B 20.33%
1981 $33.33B 20.26%