Nigeria Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Nigeria's services value added was 52.99% in 2025, ranked 118th globally. This represents a 1.4% decrease from 2024. Data from World Bank, covering 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.
Nigeria’s services value added rose from 47.52 in 1981 to a peak of 59.79 in 2016 before slipping to a trough of 35.36 in 1996, reflecting the volatility of its tertiary sector over the 45‑year span. By 2025 the indicator stood at 52.99, placing the country 118th globally and virtually level with peers such as Argentina (53.00) and Malaysia (52.87). The post‑peak decline after 2016 suggests that structural constraints, including limited digital infrastructure and persistent informal employment, have tempered growth, while the modest rebound to 52.99 indicates a gradual re‑orientation toward services driven by urbanisation and a growing middle class. Continued investment in broadband, skill development and regulatory reforms could accelerate the sector’s contribution and push Nigeria above its 2016 high, whereas stagnation in these areas would likely keep the trajectory flat or modestly declining.
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 |
Detected Pattern
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
Nigeria's services value added was 52.99% in 2025. Ranked 118th globally. This represents a 1.4% decrease from the previous year.
Nigeria's services value added peaked at 59.79% in 2016.
The lowest services value added in Nigeria was 35.36% in 1996.
Nigeria ranks 118th globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Nigeria's services value added is projected to reach 52.99% by 2025 based on trend extrapolation.
The services value added of Nigeria in 2025 was 52.99%. This ranks 118th in the world.
Cite this page
@misc{historysaid_nigeria_services-value-added,
title = {Nigeria Services Value Added},
url = {https://historysaid.com/nigeria/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}