GDP from Services in Nigeria increased to 12974640.87 NGN Million in the fourth quarter of 2024 from 10777518.06 NGN Million in the third quarter of 2024. GDP from Services in Nigeria averaged 6720644.53 NGN Million from 2010 until 2024, reaching an all time high of 12974640.87 NGN Million in the fourth quarter of 2024 and a record low of 4564086.31 NGN Million in the second quarter of 2010. source: National Bureau of Statistics, Nigeria

GDP from Services in Nigeria is expected to be 11143954.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria GDP From Services is projected to trend around 13738069.00 NGN Million in 2026 and 14177687.00 NGN Million in 2027, according to our econometric models.



Related Last Previous Unit Reference
GDP 187.76 363.85 USD Billion Dec 2024
GDP Growth Rate YoY 3.13 3.84 percent Mar 2025
GDP Constant Prices 79289392.63 20115766.93 NGN Million Dec 2024
GDP from Agriculture 5785472.38 5763385.21 NGN Million Dec 2024
GDP from Construction 778695.90 672885.38 NGN Million Dec 2024
GDP from Manufacturing 1824923.04 1651873.40 NGN Million Dec 2024
GDP from Mining 1039317.90 1119836.14 NGN Million Dec 2024
GDP from Public Administration 466688.83 407231.74 NGN Million Dec 2024
GDP from Services 12974640.87 10777518.06 NGN Million Dec 2024
GDP from Transport 284851.99 183403.69 NGN Million Dec 2024
GDP from Utilities 152659.19 118136.54 NGN Million Dec 2024
GDP Growth Rate 10.00 0.00 percent Sep 2024
Gross Fixed Capital Formation 2274443.31 2969832.35 NGN Million Jun 2024



Nigeria GDP From Services
Actual Previous Highest Lowest Dates Unit Frequency
12974640.87 10777518.06 12974640.87 4564086.31 2010 - 2024 NGN Million Quarterly
Constant 2010 Prices, NSA