Nigeria's non-oil sector, which has been the key engine of growth since late 2020, expanded by 4.27% from a year ago in the third quarter of 2022, decelerating from a 4.77% growth in the previous three-month period. It marks the slowest pace of growth since the first quarter of 2021, hampered by a decline in manufacturing (-1.91% vs 3% in Q2), mainly due to oil refining (-44.70% vs -42.12%). Meanwhile, output continued to rise solidly in other activities such as transport & storage (41.59% vs 51.66%); information & communication (10.53% vs 6.55%); accommodation & food services (6.77% vs 3.03%); construction (5.52% vs 4.02%) and trade (5.08% vs 4.51%). source: National Bureau of Statistics, Nigeria
GDP Growth Non Oil Sector in Nigeria averaged 3.59 percent from 2011 until 2022, reaching an all time high of 8.92 percent in the fourth quarter of 2011 and a record low of -6.05 percent in the second quarter of 2020. This page includes a chart with historical data for Nigeria GDP Growth Non Oil Sector. Nigeria GDP Growth Non Oil Sector - values, historical data and charts - was last updated on January of 2023.