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NIGERIAUSD/NGN official ₦1,346.86USD/NGN parallel ₦1,385sellEUR/NGN ₦1,503.77crossGBP/NGN ₦1,802.77crossReserves $55.07bn9 Oct364-day T-bill 15.80%▼ from 15.85%91-day T-bill 15.40%MPR 23.00%-3.50 ptsInflation 14.63%▼ 0.76ppGDP Q2 4.43%NGX ASI 252,882.78▲ 1.65%NGX mkt cap ₦164.19trnGLOBALCrude oil $99.70▼ 4.25%Gold $3,910.60▲ 0.30%EUR/USD 1.1165▲ 0.68%GBP/USD 1.3385▲ 0.40%US 10-yr 4.91%0.00S&P 500 7,580.07▼ 1.82%FTSE 100 10,720.07▼ 0.09%
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Sector Intelligence Dashboard

Industries

Size, growth and the forces behind twelve sectors of the Nigerian economy, from farming and oil to telecoms, finance and film. Figures from the National Bureau of Statistics and sector regulators.

The economy at a glance

Services make up more than half of output

Shares of real GDP and real year-on-year growth, Q2 2026. Nigeria rebased its GDP to a 2019 base year in July 2025, which raised the weight of services and agriculture.

+4.43%Real GDP growth, Q2 2026The fastest in five years; 3.89% in Q1 2026
₦431.18trnNominal GDP, 2025NBS full-year data, March 2026
56.62%Services, share of real GDPGrowing 4.60%
26.15%Agriculture, share of real GDPGrowing 4.39%
17.23%Industry, share of real GDPGrowing 3.96%
95.84%Non-oil share of real GDPNon-oil growth 4.31%
Share of real GDP by broad sector, Q2 2026
Source: National Bureau of Statistics, GDP Q2 2026 · Q2 2026 Data table Download CSV Excel
Real GDP growth by year (rebased series)
Source: National Bureau of Statistics, GDP rebasing report (July 2025) and full-year 2025 GDP data · 2019–2025 Data table Download CSV Excel
Largest activities

Ten activities make up four-fifths of the economy

Trade, crop production and real estate together account for almost half of real GDP.

Share of real GDP, Q2 2026
Source: National Bureau of Statistics, GDP Q2 2026, as reported by BusinessDay and Nairametrics · Q2 2026 Data table Download CSV Excel
Nominal output, 2024 and 2025 (₦ trillion)
Source: National Bureau of Statistics, as reported by Nairametrics (20 Mar 2026) · 2024–2025 Data table Download CSV Excel
Growth

Which sectors are growing fastest?

Real year-on-year growth for each sector against the economy as a whole. Periods are Q2 2026 unless marked.

Whole economy+4.43%
Creative and entertainment+11.93%
ICT and telecoms+10.38%
Transport and logistics (Q3 2025)+9.87%
Banking and finance+8.35%
Oil and gas+7.31%
Construction+6.75%
Agriculture+4.39%
Real estate+3.76%
Manufacturing+3.24%
Trade+2.40%
Electricity and power−10.63%

Banking and finance shows financial institutions; solid minerals is left out because the NBS reports its parts separately (coal mining +74.89%, metal ores +20.18%, quarrying −39.13%).

Twelve sectors

Explore each sector

Size, growth, what drives it, who regulates it and what to watch.

Sources: National Bureau of Statistics GDP reports (Q2 2026 and full-year 2025), as reported by BusinessDay, Nairametrics and Premium Times; sector regulators. Download the data.

Sector Intelligence Dashboard

Charts and historical trends

Choose a time range, hover for values, and download the data behind each chart.

Largest sector, share of real GDP56.62%Services
Crude oil production1.61m bpd2025 · US Energy Information Administration
Broadband penetration57.40%2026-07 · Nigerian Communications Commission
Share of real GDP by broad sector
Source: National Bureau of Statistics, GDP Q2 2026 · Q2 2026 Data table Download CSV Excel
Largest economic activities, share of real GDP
Source: National Bureau of Statistics, GDP Q2 2026, as reported by BusinessDay and Nairametrics · Q2 2026 Data table Download CSV Excel
Crude oil production
Source: US Energy Information Administration, via TheGlobalEconomy · 2018–2025 Data table Download CSV Excel
Broadband penetration
Source: Nigerian Communications Commission, as reported by ThisDay · Updated monthly Data table Download CSV Excel
Comparisons

How Nigeria compares

Latest available year for each country, from the same international source. Nigeria is highlighted.

Agriculture% of GDP · World Bank WDI
  • Ethiopia32.8% 2025
  • Kenya23.2% 2025
  • Nigeria23.0% 2025
  • Ghana21.3% 2025
  • Rwanda20.3% 2025
  • Senegal17.1% 2025
  • Côte d'Ivoire16.8% 2025
  • Egypt16.6% 2025
  • Morocco10.5% 2025
  • South Africa2.8% 2025
Industry% of GDP · World Bank WDI
  • Egypt32.1% 2025
  • Ghana29.3% 2025
  • Ethiopia27.8% 2025
  • Senegal26.1% 2025
  • Morocco25.2% 2025
  • South Africa24.1% 2025
  • Côte d'Ivoire23.9% 2025
  • Rwanda22.0% 2025
  • Nigeria16.4% 2025
  • Kenya16.3% 2025
Services% of GDP · World Bank WDI
  • South Africa63.1% 2025
  • Nigeria58.2% 2025
  • Kenya55.1% 2025
  • Rwanda52.3% 2025
  • Morocco52.3% 2025
  • Côte d'Ivoire51.2% 2025
  • Egypt47.3% 2025
  • Senegal46.3% 2025
  • Ghana42.9% 2025
  • Ethiopia36.6% 2025
Definitions and sources

What each indicator means

Definitions, units, how often each figure is published and who publishes it. Each chart shows its reference period.

IndicatorDefinitionUnitFrequencySource
Sector share of GDPThe value added by a sector as a share of real GDP.% of real GDPQuarterlyNBS
Crude oil productionAverage daily output of crude oil, excluding condensates unless stated.Million barrels a dayMonthlyNUPRC; OPEC; US EIA
Broadband penetrationBroadband subscriptions as a share of the population.% of populationMonthlyNigerian Communications Commission
Manufacturing capacity utilisationThe share of installed manufacturing capacity in use.%Half-yearlyManufacturers Association of Nigeria
Methodology

How these figures are compiled

Sector shares use the NBS rebased GDP series. Oil production combines regulator and international estimates where national figures are late; the source is named on each dataset. Comparisons use World Bank value added shares.

Read our full methodology → · Data sources →

Related research

Analysis and publications on this topic

Related insights and publications will appear here as they are published. Browse all insights →

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