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Nominal Gross Domestic Product at Current Basic Prices - (Billion Naira)


  Year 2008
Activity Sector Q1 Q2 Q3 Q4 Annual
A. AGRICULTURE 10,100.33
1. Crop Production 9,039.63
2. Livestock 758.84
3. Forestry 108.10
4. Fishing 193.75
B. INDUSTRY 9,874.38
1. Mining and Quarrying 5,310.95
a. Crude Petroleum and Natural Gas 5,270.01
b. Coal Mining 2.43
c. Metal Ores 1.87
d. Quarrying and Other Minerals 36.64
2. Manufacturing 3,263.82
a. Oil Refining 198.02
b. Cement 170.69
c. Food, Beverage and Tobacco 2,133.52
d. Textile, Apparel and Footwear 327.24
e. Wood and Wood Products 114.53
f. Pulp, Paper and Paper Products 22.61
g. Chemical and Pharmaceutical Products 23.36
h. Non-Metallic Products 55.27
i. Plastic and Rubber Products 31.43
j. Electrical and Electronics 2.33
k. Basic Metal, Iron and Steel 45.98
l. Motor Vehicles and Assembly 20.32
m. Other Manufacturing 118.55
3. Electricity, Gas, Steam & Air conditioner" 134.19
4. Water supply, Sewage, Waste Management 33.70
5. Construction 1,131.72
C. SERVICES 19,567.72
1. Trade 6,776.71
2. Accommodation and Food Services         185.86
3. Transportation and Storage 565.86
a. RoadTransport 505.16
b. Rail Transport & Pipelines 0.09
c. Water Transport 3.59
d. Air Transport 25.75
e. Transport Services 19.18
f. Post and Courier Services 12.10
4. Information and Communication 2,856.35
a. Telecommunications and Information Services 2,057.15
b. Publishing 6.76
c. Motion Pictures, Sound Recording and Music Production 367.46
d. Broadcasting 424.98
5. Arts, Entertainment & Recreation 23.72
6. Financial and Insurance 1,471.55
a. Financial Institutions 1,273.42
b. Insurance 198.13
7. Real Estate 3,262.54
8. Professional, Scientific & Technical Services 1,328.62
9. Administrative and Support Services 10.20
10. Public Administration 1,551.35
11. Education 580.59
12. Human Health & Social Services 264.21
13. Other Services 690.16
GDP at Current Basic Prices 39,542.43
   
Net Taxes on Products 411.78
   
GDP at Current Market Prices 39,954.21
       
Coverage of Annual Nominal Gross Domestic Product commenced 1981.
Coverage of Quarterly Nominal Gross Domestic Product commenced 1st Quarter of 2010.
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Facts : 1/1/1900
International Monetary Fund:The International Monetary Fund was established in 1945 to promote the health of the world economy with 29 countries sigining the Articles of Agreement. Nigeria joined the IMF in 1961,which now has 184 members with its headquarters in Washington D.C., USA.
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