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Nigeria GDP Growth Rate

Last Release
Sep 30, 2024
Actual
10
Units In
%
Previous
0
Frequency
Quarterly
Next Release
Feb 21, 2025
Time to Release
2 Months 25 Days 14 Hours
Highest
Lowest
Average
Date Range
Source
12.12
Sep 2020
-16.1
Mar 2024
1.04 %2010-2024Central Bank of Nigeria
Nigeria is one of the most developed countries in Africa. Services is the largest sector of the economy, accounting for about 50 percent of total GDP. One of the fastest growing segments in Services are Information and Communication, which together account for about 10 percent of the total output. Agriculture, which in the past was the biggest sector, now weights around 23 percent. Crude Petroleum and Natural Gas constitute only 11 percent of total GDP, while being the main exports. Industry and Construction account for the remaining 16 percent of GDP.

Nigeria GDP Growth Rate History

Last 12 readings

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