GDP From Services in Nigeria decreased to 6350208.68 NGN Millions in the second quarter of 2020 from 6477202.90 NGN Millions in the first quarter of 2020.

GDP From Services in Nigeria averaged 5875247.01 NGN Millions from 2010 until 2020, reaching an all time high of 7472196.49 NGN Millions in the fourth quarter of 2019 and a record low of 4564086.31 NGN Millions in the second quarter of 2010. 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 - values, historical data and charts - was last updated on September of 2020. source: National Bureau of Statistics, Nigeria

GDP From Services in Nigeria is expected to be 6108378.00 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 6413711.00 in 12 months time. In the long-term, the Nigeria GDP From Services is projected to trend around 7166068.00 NGN Millions in 2021 and 7330888.00 NGN Millions in 2022, according to our econometric models.

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Nigeria GDP From Services

Actual Previous Highest Lowest Dates Unit Frequency
6350208.68 6477202.90 7472196.49 4564086.31 2010 - 2020 NGN Millions Quarterly
Constant 2010 Prices, NSA

Nigeria GDP Last Previous Highest Lowest Unit
GDP Growth Rate -14.30 -5.00 10.59 -14.30 percent [+]
GDP Annual Growth Rate -6.10 1.87 19.17 -7.81 percent [+]
GDP 448.10 398.20 568.50 4.20 USD Billion [+]
GDP Constant Prices 16044513.73 16893269.79 19750934.72 56260.04 NGN Million [+]
Gross Fixed Capital Formation 2976480.11 2565487.78 3108123.30 17236.65 NGN Million [+]
GDP per capita 2386.90 2396.00 2563.90 1145.80 USD [+]
GDP per capita PPP 5135.50 5155.10 5516.40 2901.80 USD [+]
GDP From Agriculture 3918668.40 3677153.49 5408978.92 2594759.86 NGN Million [+]
GDP From Construction 513692.43 682791.74 752833.66 369190.91 NGN Million [+]
GDP From Manufacturing 1402571.39 1615390.58 1718985.30 875408.17 NGN Million [+]
GDP From Mining 1419038.39 1591248.22 2406675.90 1228692.98 NGN Million [+]
GDP From Public Administration 374511.56 280721.30 614330.87 280721.30 NGN Millions [+]
GDP From Services 6350208.68 6477202.90 7472196.49 4564086.31 NGN Millions [+]
GDP From Transport 118654.96 296779.23 296779.23 118654.96 NGN Millions [+]
GDP From Utilities 117016.62 63971.30 127728.46 51342.43 NGN Million [+]