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. source: National Bureau of Statistics, Nigeria

GDP From Services in Nigeria is expected to be 6331190.00 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 6686733.00 in 12 months time. In the long-term, the Nigeria GDP From Services is projected to trend around 7066433.00 NGN Millions in 2020, according to our econometric models.

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Nigeria GDP From Services

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

Nigeria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 9.23 3.02 10.59 -13.97 percent [+]
GDP Annual Growth Rate 2.28 2.12 19.17 -7.81 percent [+]
GDP 397.30 375.70 568.50 4.20 USD Billion [+]
GDP Constant Prices 18697323.82 17047418.43 19277641.99 56260.04 NGN Million [+]
Gross Fixed Capital Formation 2798505.79 2799691.71 2876293.11 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 5408978.92 3857705.59 5408978.92 2594759.86 NGN Million [+]
GDP From Construction 557147.53 752833.66 752833.66 369190.91 NGN Million [+]
GDP From Manufacturing 1616584.66 1537522.17 1718985.30 875408.17 NGN Million [+]
GDP From Mining 1806746.96 1491129.02 2406675.90 1228692.98 NGN Million [+]
GDP From Public Administration 367755.38 367112.43 614330.87 307550.32 NGN Millions [+]
GDP From Services 6517283.97 6259209.21 7196009.75 4564086.31 NGN Millions [+]
GDP From Transport 261809.92 233705.81 288637.00 144848.60 NGN Millions [+]
GDP From Utilities 117091.44 64825.41 127728.46 51342.43 NGN Million [+]