GROSS DOMESTIC PRODUCT (GDP) IN NIGERIA 2026

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In the second quarter of 2021, the nominal year on year growth rate of Trade stood at 23.27%. This indicates an increase of 38.21% points when compared to lớn the growth rate of -14.95% in the second quarter of 20trăng tròn, and 23.14% points than the previous quarter growth rate of 0.13%.

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GDP

In nominal terms, Other Services grew by 1.27% (year-on-year) in Q2 2021. This growth rate was higher than the -13.40% growth rate recorded in the same quarter of the previous year and the growth rate of - 0.41% in quận 1 2021 by 14.67% points và 1.68% points respectively.

GDP

Nominal GDP growth of the Manufacturing sector in the second quarter of 2021 was recorded at 38.33% (year-on-year), 38.47% points higher than figure recorded in the corresponding period of 20đôi mươi (-0.14%) và 6.23% points higher than the preceding quarter figure of 32.10%.

GDPhường

In nominal terms, the Public Administration sector grew by -1.06% in Q2 2021, -5.08% points lower by from the corresponding quarter of 2020 and lower by –2.78% points relative sầu to lớn Q1 2021. Quarter on quarter, the sector grew by 30.61%.

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GDP

Nominal growth in the Education sector in the second quarter of 2021 was 6.97% (year-on-year), up by 29.06% points from the growth of -22.09% reported in the corresponding quarter of 20đôi mươi, and by 7.27% points when compared lớn quận 1 2021 growth rate of –0.30%.

GDPhường

In the second quarter of 2021, the agricultural sector grew by 1.30% (year-on-year) in real terms, a decrease of -0.28% points from the corresponding period of 20đôi mươi, & a decrease of -0.97% points from the preceding quarter which recorded a growth rate of 2.28%.

GDP

The non-oil sector grew by 6.74% in real terms during the reference quarter (Q2 2021). The Q.2 2021 growth rate was higher by 12.80% points compared to the rate recorded in the same quarter of 2020 & 5.95% points higher than the first quarter of 2021.

GDP

Real growth of the oil sector was –12.65% (year-on-year) in Q.2 2021 indicating a decrease of –6.02% points relative khổng lồ the growth rate recorded in the corresponding quarter of 20trăng tròn. Growth decreased by - 10.44% points when compared lớn quận 1 2021 which was –2.21%. For the first half of 2021, real GDPhường was recorded at -7.13%, compared khổng lồ -0.80% for the first half of 2020, the performance reflecting lower oil output. Quarter-on-quarter, the oil sector recorded a growth rate of -20.35% in quận 2 2021

GDPhường

The total value of capital importation into lớn Nigeria stood at $5,8trăng tròn.21m in the second quarter of 2019. This represents a decrease of -31.41% compared to lớn quận 1 2019 & +5.56% increase compared to lớn the second quarter of 2018. The largest amount of capital importation by type was received through Portfolio investment, which accounted for 73.76% ($4,292.89m) of total capital importation, followed by Other Investment, which accounted for 22.41% ($1,304.43m) of total capital imported và Foreign Direct Investment (FDI), which accounted for 3.83% ($222.89m) of total capital imported in Q.2 2019.

Capital Importation
TOTAL REVENUE AVAILABLE TO STATES IN 2020% Contribution to lớn Total Revenue Available 20202020 ON 2019
States FAAC 20đôi mươi (N) IGR 20trăng tròn (N)Total Revenue Available 20trăng tròn (N)% Share of Total FAAC 2020% Share of Total State IGR 2020FAACIGRTotal Revenue Available 2019 (N)Year on Year Growth %
Abia 48,369,064,079.91 14,376,871,322.30 62,745,935,402.21 2.11%1.10%77.09%22.91%66,809,176,283.42-6.08%
Adamawa 47,943,888,872.22 8,329,870,706.65 56,273,759,578.87 2.09%0.64%85.20%14.80%58,043,362,282.70-3.05%
Akwa Ibom 146,265,871,270.09 30,696,770,278.06 176,962,641,548.15 6.38%2.35%82.65%17.35%204,266,552,045.99-13.37%
Anambra 50,916,565,330.78 28,009,906,580.48 78,926,471,911.26 2.22%2.14%64.51%35.49%80,263,058,085.90-1.67%
Bauđưa ra 49,144,349,945.81 12,502,599,363.55 61,646,949,309.36 2.14%0.96%79.72%trăng tròn.28%64,054,080,224.62-3.76%
Bayelsa 116,401,465,403.37 12,180,775,243.00 128,582,240,646.37 5.07%0.93%90.53%9.47%156,472,126,468.72-17.82%
Benue 47,213,359,604.04 10,463,674,280.73 57,677,033,884.77 2.06%0.80%81.86%18.14%72,190,777,107.60-trăng tròn.10%
Borno 60,083,280,097.80 11,578,518,1trăng tròn.67 71,661,798,218.47 2.62%0.89%83.84%16.16%69,888,739,118.042.54%
Cross River 32,892,824,373.96 16,183,341,456.32 49,076,165,830.28 1.43%1.24%67.02%32.98%58,909,943,1trăng tròn.51-16.69%
Delta 186,828,313,891.51 59,732,882,662.97 246,561,196,554.48 8.14%4.57%75.77%24.23%283,961,690,922.27-13.17%
Ebonyi 43,963,560,710.14 13,591,038,584.15 57,554,599,294.29 1.92%1.04%76.39%23.61%52,082,453,418.9210.51%
Evì chưng 58,405,582,559.72 27,184,350,734.90 85,589,933,294.62 2.55%2.08%68.24%31.76%94,158,096,169.67-9.10%
Ekiti 39,522,983,724.48 8,716,460,193.84 48,239,443,918.32 1.72%0.67%81.93%18.07%49,833,061,578.13-3.20%
Enugu 49,887,509,995.29 23,650,723,357.00 73,538,233,352.29 2.17%1.81%67.84%32.16%83,054,409,883.06-11.46%
Gombe 39,923,718,418.03 8,537,983,927.43 48,461,702,345.46 1.74%0.65%82.38%17.62%47,822,946,079.571.34%
Imo 55,724,444,607.35 17,081,878,984.93 72,806,323,592.28 2.43%1.31%76.54%23.46%72,181,397,907.720.87%
Jigawa 56,365,310,756.22 8,667,720,607.78 65,033,031,364.00 2.46%0.66%86.67%13.33%71,784,839,462.47-9.41%
Kaduna 63,126,507,768.38 50,768,523,407.34 113,895,031,175.72 2.75%3.89%55.43%44.57%112,057,483,887.331.64%
Kano 81,265,346,346.94 31,819,816,711.74 113,085,163,058.68 3.54%2.44%71.86%28.14%123,078,769,287.55-8.12%
Katsimãng cầu 61,394,1đôi mươi,973.64 11,399,650,509.67 72,793,771,483.31 2.68%0.87%84.34%15.66%71,753,647,683.211.45%
Kebbi 51,180,577,366.74 13,778,260,800.14 64,958,838,166.88 2.23%1.05%78.79%21.21%60,270,587,742.737.78%
Kogi 49,981,491,072.92 17,357,833,531.99 67,339,324,604.91 2.18%1.33%74.22%25.78%68,725,301,181.99-2.02%
Kwara 42,095,648,742.86 19,604,303,787.64 61,699,952,530.50 1.84%1.50%68.23%31.77%73,079,258,267.66-15.57%
Lagos 115,932,6trăng tròn,456.70 418,988,587,897.11 534,921,208,353.81 5.05%32.08%21.67%78.33%516,615,866,457.083.54%
Nasarawa 43,104,566,838.28 12,476,738,650.15 55,581,305,488.43 1.88%0.96%77.55%22.45%55,724,681,873.69-0.26%
Niger 54,567,994,993.75 10,524,281,921.17 65,092,276,914.92 2.38%0.81%83.83%16.17%69,212,946,723.09-5.95%
Ogun 37,679,432,983.66 50,749,595,850.07 88,429,028,833.73 1.64%3.89%42.61%57.39%109,633,225,014.32-19.34%
Onvày 46,651,761,688.76 24,848,466,192.88 71,500,227,881.64 2.03%1.90%65.25%34.75%88,062,930,808.55-18.81%
Osun 30,627,107,890.14 19,668,371,916.01 50,295,479,806.15 1.34%1.51%60.89%39.11%42,144,667,491.8419.34%
Oyo 53,664,588,449.85 38,042,733,036.47 91,707,321,486.32 2.34%2.91%58.52%41.48%82,547,064,397.1811.10%
Plateau 35,644,412,130.66 19,122,375,801.59 54,766,787,932.25 1.55%1.46%65.08%34.92%58,704,347,784.79-6.71%
Rivers 141,187,041,344.69 117,189,729,245.29 258,376,770,589.98 6.16%8.97%54.64%45.36%298,848,039,090.20-13.54%
Sokolớn 54,118,448,840.43 11,796,827,128.19 65,915,275,968.62 2.36%0.90%82.10%17.90%74,481,479,367.08-11.50%
Tarabố 43,826,280,935.45 8,114,973,143.14 51,941,254,078.59 1.91%0.62%84.38%15.62%53,048,458,598.30-2.09%
Yobe 49,439,411,823.37 7,779,631,175.54 57,219,042,998.91 2.16%0.60%86.40%13.60%60,050,717,778.19-4.72%
Zamfara 41,446,503,230.12 18,499,252,091.61 59,945,755,321.73 1.81%1.42%69.14%30.86%57,178,342,126.314.84%
FCT 67,064,632,994.32 92,059,700,897.42 159,124,333,891.74 2.92%7.05%42.15%57.85%146,469,449,836.608.64%
Total 2,293,850,590,512.37 1,306,075,0đôi mươi,099.92 3,599,925,610,612.29 100.00%100.00%63.72%36.28% 3,807,463,975,557.00 -5.45%