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


  Year 2009
Activity Sector Q1 Q2 Q3 Q4 Annual
A. AGRICULTURE 11,625.44
1. Crop Production 10,419.60
2. Livestock 863.40
3. Forestry 121.25
4. Fishing 221.18
B. INDUSTRY 9,229.81
1. Mining and Quarrying 4,343.06
a. Crude Petroleum and Natural Gas 4,297.07
b. Coal Mining 2.78
c. Metal Ores 2.09
d. Quarrying and Other Minerals 41.12
2. Manufacturing 3,406.69
a. Oil Refining 224.55
b. Cement 194.49
c. Food, Beverage and Tobacco 2,207.11
d. Textile, Apparel and Footwear 338.52
e. Wood and Wood Products 118.48
f. Pulp, Paper and Paper Products 23.39
g. Chemical and Pharmaceutical Products 24.17
h. Non-Metallic Products 57.18
i. Plastic and Rubber Products 32.51
j. Electrical and Electronics 2.41
k. Basic Metal, Iron and Steel 44.59
l. Motor Vehicles and Assembly 21.02
m. Other Manufacturing 118.27
3. Electricity, Gas, Steam & Air conditioner" 158.66
4. Water supply, Sewage, Waste Management 37.92
5. Construction 1,283.47
C. SERVICES 22,157.26
1. Trade 7,897.09
2. Accommodation and Food Services         213.73
3. Transportation and Storage 599.50
a. RoadTransport 533.85
b. Rail Transport & Pipelines 0.10
c. Water Transport 3.78
d. Air Transport 29.20
e. Transport Services 20.29
f. Post and Courier Services 12.28
4. Information and Communication 2,979.48
a. Telecommunications and Information Services 2,107.67
b. Publishing 6.99
c. Motion Pictures, Sound Recording and Music Production 417.59
d. Broadcasting 447.23
5. Arts, Entertainment & Recreation 26.96
6. Financial and Insurance 1,668.85
a. Financial Institutions 1,442.61
b. Insurance 226.24
7. Real Estate 3,718.45
8. Professional, Scientific & Technical Services 1,510.66
9. Administrative and Support Services 11.60
10. Public Administration 1,758.45
11. Education 694.10
12. Human Health & Social Services 294.09
13. Other Services 784.32
GDP at Current Basic Prices 43,012.51
   
Net Taxes on Products 448.95
   
GDP at Current Market Prices 43,461.46
       
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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Export to Excel Export Nominal GDP

Facts : 1/16/2006
The Cowry:The Cowry has, for centuries, served our people as an important form of currency. In 1860 the following system was in use: 40 Cowries formed a "String"; 50 Strings made a "head" and 10 heads comprised a "bag". In Lagos in 1865 one bag of 20,000 shells was exchanged for one or two English Pounds.
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