GDP From Services in Nigeria increased to 7472196.49 NGN Millions in the fourth quarter of 2019 from 6265003.41 NGN Millions in the third quarter of 2019.

GDP From Services in Nigeria averaged 5848324.07 NGN Millions from 2010 until 2019, 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 April of 2020. source: National Bureau of Statistics, Nigeria

GDP From Services in Nigeria is expected to be 6562905.00 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 7629113.00 in 12 months time. In the long-term, the Nigeria GDP From Services is projected to trend around 7789317.00 NGN Millions in 2021 and 7976260.00 NGN Millions in 2022, according to our econometric models.

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Nigeria GDP From Services

Actual Previous Highest Lowest Dates Unit Frequency
7472196.49 6265003.41 7472196.49 4564086.31 2010 - 2019 NGN Millions Quarterly
Constant 2010 Prices, NSA

Nigeria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 5.59 9.23 10.59 -13.97 percent [+]
GDP Annual Growth Rate 2.55 2.28 19.17 -7.81 percent [+]
GDP 410.00 397.30 568.50 4.20 USD Billion [+]
GDP Constant Prices 19750934.72 18697323.82 19750934.72 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 5093983.13 5408978.92 5408978.92 2594759.86 NGN Million [+]
GDP From Construction 671110.60 557147.53 752833.66 369190.91 NGN Million [+]
GDP From Manufacturing 1707263.24 1616584.64 1718985.30 875408.17 NGN Million [+]
GDP From Mining 1429667.98 1806746.96 2406675.90 1228692.98 NGN Million [+]
GDP From Public Administration 427802.26 367755.38 614330.87 307550.32 NGN Millions [+]
GDP From Services 7472196.49 6265003.41 7472196.49 4564086.31 NGN Millions [+]
GDP From Transport 275118.66 261809.92 288637.00 144848.60 NGN Millions [+]
GDP From Utilities 120431.63 94995.15 127728.46 51342.43 NGN Million [+]