GDP From Services in Nigeria decreased to 6259209.21 NGN Millions in the first quarter of 2019 from 7196009.75 NGN Millions in the fourth quarter of 2018. GDP From Services in Nigeria averaged 5775094.02 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 -13.77 5.31 10.59 -13.97 percent [+]
GDP Annual Growth Rate 2.01 2.38 19.17 -7.81 percent [+]
GDP 397.30 375.70 568.50 4.20 USD Billion [+]
GDP Constant Prices 16555183.90 19277641.99 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 3597916.08 4978775.48 5288339.21 2594759.86 NGN Million [+]
GDP From Construction 671448.37 662431.53 747860.30 369190.91 NGN Million [+]
GDP From Manufacturing 1608461.83 1686416.37 1718985.30 875408.17 NGN Million [+]
GDP From Mining 1500081.65 1344156.80 2406675.90 1228692.98 NGN Million [+]
GDP From Public Administration 307550.32 427538.21 614330.87 307550.32 NGN Millions [+]
GDP From Services 6259209.21 7196009.75 7196009.75 4564086.31 NGN Millions [+]
GDP From Transport 288637.00 277338.67 288637.00 144848.60 NGN Millions [+]
GDP From Utilities 64825.41 127728.46 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 July of 2019.

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




Country Last Previous
Turkey 88537213.20 Mar/19
Mexico 11536484.18 Mar/19
Canada 1383334.00 Apr/19
South Africa 647668.90 Mar/19
United Kingdom 367205.00 Mar/19
France 294856.00 Mar/19
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China 247743.00 Jun/19
South Korea 215013.70 Mar/19
Spain 203137.00 Mar/19
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Indonesia 49676.80 Mar/19
Netherlands 33712.93 Mar/19
Japan 21996.40 Dec/17
Singapore 16799.70 Mar/19
United States 12995.40 Mar/19
Germany 120.42 Mar/19


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