GDP From Services in Nigeria increased to 6517283.97 NGN Millions in the second quarter of 2019 from 6259209.21 NGN Millions in the first quarter of 2019. GDP From Services in Nigeria averaged 5794625.34 NGN Millions from 2010 until 2019, reaching an all time high of 7196009.75 NGN Millions in the fourth quarter of 2018 and a record low of 4564086.31 NGN Millions in the second quarter of 2010.

GDP From Services in Nigeria is expected to be 6189852.00 NGN Millions by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in Nigeria to stand at 7347126.00 in 12 months time. In the long-term, the Nigeria GDP From Services is projected to trend around 7711573.00 NGN Millions in 2020, according to our econometric models.

Nigeria GDP From Services
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Nigeria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 2.85 -13.69 10.59 -13.97 percent [+]
GDP Annual Growth Rate 1.94 2.10 19.17 -7.81 percent [+]
GDP 397.30 375.70 568.50 4.20 USD Billion [+]
GDP Constant Prices 17047426.80 16569734.73 19277641.99 56260.04 NGN Million [+]
Gross Fixed Capital Formation 2742192.51 2454034.29 2876293.00 17236.65 NGN Million [+]
GDP per capita 2396.30 2412.40 2563.90 1145.80 USD [+]
GDP per capita PPP 5315.82 5351.44 5687.59 2991.83 USD [+]
GDP From Agriculture 3857705.59 3597916.08 5288339.21 2594759.86 NGN Million [+]
GDP From Construction 752833.66 671448.37 752833.66 369190.91 NGN Million [+]
GDP From Manufacturing 1537522.17 1608461.83 1718985.30 875408.17 NGN Million [+]
GDP From Mining 1491129.02 1514641.29 2406675.90 1228692.98 NGN Million [+]
GDP From Public Administration 367112.43 307550.32 614330.87 307550.32 NGN Millions [+]
GDP From Services 6517283.97 6259209.21 7196009.75 4564086.31 NGN Millions [+]
GDP From Transport 233705.81 288637.00 288637.00 144848.60 NGN Millions [+]
GDP From Utilities 117091.44 64825.41 127728.46 51342.43 NGN Million [+]


Nigeria GDP From Services

This page provides the latest reported value for - Nigeria Gdp From Services - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Nigeria GDP From Services - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6517283.97 6259209.21 7196009.75 4564086.31 2010 - 2019 NGN Millions Quarterly
Constant 2010 Prices, NSA




Country Last Previous
Turkey 99589464.40 Jun/19
Mexico 11766399.20 Jun/19
Canada 1389549.00 Jun/19
South Africa 654270.43 Jun/19
United Kingdom 367577.00 Jun/19
France 295995.00 Jun/19
Italy 271777.00 Jun/19
South Korea 256848.50 Jun/19
China 247743.00 Jun/19
Spain 212157.00 Jun/19
Brazil 179131.38 Jun/19
Argentina 81358.93 Mar/19
Indonesia 51156.00 Jun/19
Netherlands 36125.22 Jun/19
Japan 21996.40 Dec/17
Singapore 16345.70 Jun/19
United States 12995.40 Mar/19
Germany 127.26 Jun/19


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