GDP From Services in Nigeria decreased to 6067614.53 NGN Millions in the first quarter of 2018 from 6938494.45 NGN Millions in the fourth quarter of 2017. GDP From Services in Nigeria averaged 5691613.22 NGN Millions from 2010 until 2018, reaching an all time high of 7087965.28 NGN Millions in the fourth quarter of 2015 and a record low of 4564086.31 NGN Millions in the second quarter of 2010.

GDP From Services in Nigeria is expected to be 7063387.00 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 6261778.00 in 12 months time. In the long-term, the Nigeria GDP From Services is projected to trend around 7529924.00 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 9.50 2.90 10.59 -13.98 percent [+]
GDP Annual Growth Rate 1.81 1.50 19.17 -7.81 percent [+]
GDP 375.77 404.70 568.50 4.20 USD Billion [+]
GDP Constant Prices 16580508.10 16106734.90 18745360.19 56260.04 NGN Million [+]
Gross Fixed Capital Formation 2494431.00 2129258.00 2876293.00 17236.65 NGN Million [+]
GDP per capita 2412.41 2455.90 2563.10 1089.10 USD [+]
GDP per capita PPP 5338.45 5434.70 5671.90 2750.10 USD [+]
GDP From Agriculture 5288339.21 3789720.12 5288339.21 2594759.86 NGN Million [+]
GDP From Construction 544228.74 747860.30 747860.30 369190.91 NGN Million [+]
GDP From Manufacturing 1599043.51 1539566.75 1718985.30 875408.17 NGN Million [+]
GDP From Mining 1696606.69 1418073.13 2406675.90 1228692.98 NGN Million [+]
GDP From Public Administration 365540.65 380006.76 614330.87 358496.20 NGN Millions [+]
GDP From Services 6067614.53 6938494.45 7087965.28 4564086.31 NGN Millions [+]
GDP From Transport 221416.44 216351.50 253325.52 144848.60 NGN Millions [+]
GDP From Utilities 111806.01 61027.25 126320.85 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6067614.53 6938494.45 7087965.28 4564086.31 2010 - 2018 NGN Millions Quarterly
Constant 2010 Prices, NSA




Country Last Previous
Turkey 105143134.20 Sep/18
Mexico 11628126.28 Sep/18
Canada 1371888.00 Oct/18
South Africa 647524.22 Sep/18
United Kingdom 363657.00 Sep/18
China 345773.00 Sep/18
France 291311.00 Sep/18
Italy 271273.00 Sep/18
South Korea 211734.70 Sep/18
Spain 200131.00 Sep/18
Brazil 180834.92 Sep/18
Argentina 87629.89 Sep/18
Indonesia 47654.30 Sep/18
Netherlands 34595.25 Sep/18
Japan 21996.40 Dec/17
Singapore 19863.70 Sep/18
United States 12700.80 Jun/18
Germany 125.83 Sep/18


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