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Nigeria Services Value Added

Services value added as % of GDP  NV.SRV.TOTL.ZS

52.99% −0.74% (-1.4%)
Year 2025 Rank #118 Global Peak 59.79% (2016) Source World Bank

Nigeria Services Value Added (1981–2025)

Overview

Nigeria's services value added stood at 52.99% in 2025, a decline of +0.74% from 2024. Based on recent trends, this figure is projected to reach 52.99% by 2025. Nigeria ranked 118th globally.

Data & projection

Year Services Value Added YoY change Rank
2027* trend 53.61% - -
2026* trend 53.30% - -
2025* trend 52.99% - -
2025 52.99% −0.74% #118
2024 53.73% +2.02% #72
2023 51.71% +0.54% #72
2022 51.17% −0.14% #75
2021 51.31% −1.08% #71
2020 52.39% −0.51% #62
2019 52.90% +0.88% #69
2018 52.02% −3.79% #66
2017 55.80% −3.98% #93
2016 59.79% +1.66% #117
2015 58.12% +3.97% #108
2014 54.15% +1.79% #93
2013 52.37% +2.18% #81
2012 50.19% +0.94% #68
2011 49.24% −1.55% #70
Show all years (1981-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +20.5% GDP growth 4.1% C/A balance 6.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Nigeria matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw services value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is Nigeria's services value added?

Nigeria's services value added was 52.99% in 2025. Ranked 118th globally. This represents a 1.4% decrease from the previous year.

What was the highest services value added in Nigeria?

Nigeria's services value added peaked at 59.79% in 2016.

What was the lowest services value added in Nigeria?

The lowest services value added in Nigeria was 35.36% in 1996.

How does Nigeria rank in services value added?

Nigeria ranks 118th globally in services value added as of 2025.

What is the World Bank indicator code for services value added?

The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.

What is the projected services value added of Nigeria in 2025?

Nigeria's services value added is projected to reach 52.99% by 2025 based on trend extrapolation.

What is the services value added of Nigeria in 2025?

The services value added of Nigeria in 2025 was 52.99%. This ranks 118th in the world.

Cite this page

APA
Nigeria Services Value Added. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/nigeria/services-value-added
BibTeX
@misc{historysaid_nigeria_services-value-added, title = {Nigeria Services Value Added}, url = {https://historysaid.com/nigeria/services-value-added}, publisher = {HistorySaid}, year = {2026} }