Nominal Gross Domestic Product at Current Basic Prices - (Billion Naira)
| Year 2022 | |||||
| Activity Sector | Q1 | Q2 | Q3 | Q4 | Annual |
|---|---|---|---|---|---|
| A. AGRICULTURE | 9,558.99 | 9,854.73 | 14,395.26 | 14,135.08 | 47,944.06 |
| 1. Crop Production | 8,129.29 | 8,655.04 | 13,241.33 | 12,651.68 | 42,677.33 |
| 2. Livestock | 656.79 | 584.41 | 630.42 | 748.68 | 2,620.29 |
| 3. Forestry | 75.51 | 88.25 | 83.16 | 101.91 | 348.84 |
| 4. Fishing | 697.40 | 527.03 | 440.35 | 632.82 | 2,297.60 |
| B. INDUSTRY | 15,090.16 | 13,936.24 | 16,514.34 | 16,738.25 | 62,278.99 |
| 1. Mining and Quarrying | 3,573.48 | 3,690.03 | 3,826.07 | 2,558.69 | 13,648.26 |
| a. Crude Petroleum and Natural Gas | 3,553.41 | 3,385.14 | 3,348.49 | 1,685.72 | 11,972.76 |
| b. Coal Mining | 4.25 | 12.72 | 0.82 | 4.41 | 22.20 |
| c. Metal Ores | 11.71 | 3.04 | 5.83 | 3.10 | 23.67 |
| d. Quarrying and Other Minerals | 4.12 | 289.13 | 470.93 | 865.46 | 1,629.64 |
| 2. Manufacturing | 6,826.58 | 5,836.40 | 7,187.30 | 7,658.24 | 27,508.52 |
| a. Oil Refining | 2.63 | 4.56 | 3.95 | 8.42 | 19.56 |
| b. Cement | 1,519.67 | 1,186.57 | 1,865.19 | 1,687.53 | 6,258.97 |
| c. Food, Beverage and Tobacco | 2,419.60 | 2,105.47 | 2,208.28 | 2,625.29 | 9,358.64 |
| d. Textile, Apparel and Footwear | 1,324.87 | 1,183.28 | 1,322.01 | 1,563.63 | 5,393.79 |
| e. Wood and Wood Products | 139.99 | 115.88 | 140.76 | 138.56 | 535.19 |
| f. Pulp, Paper and Paper Products | 92.27 | 71.92 | 92.94 | 107.56 | 364.69 |
| g. Chemical and Pharmaceutical Products | 144.94 | 160.96 | 188.95 | 175.08 | 669.92 |
| h. Non-Metallic Products | 446.11 | 361.01 | 481.66 | 482.73 | 1,771.51 |
| i. Plastic and Rubber products | 177.71 | 157.10 | 192.71 | 202.70 | 730.22 |
| j. Electrical and Electronics | 3.43 | 3.78 | 5.26 | 5.43 | 17.90 |
| k. Basic Metal, Iron and Steel | 114.35 | 107.13 | 159.58 | 147.55 | 528.63 |
| l. Motor Vehicles & Assembly | 255.64 | 242.95 | 269.91 | 293.06 | 1,061.57 |
| m. Other Manufacturing | 185.35 | 135.78 | 256.09 | 220.70 | 797.92 |
| 3. Electricity,Gas,Steam & Air conditioner | 171.94 | 625.19 | 375.19 | 617.19 | 1,789.50 |
| 4. Water Supply, Sewage, Waste Management | 129.31 | 208.94 | 159.38 | 138.27 | 635.90 |
| 5. Construction | 4,388.84 | 3,575.68 | 4,966.41 | 5,765.88 | 18,696.81 |
| C. SERVICES | 20,668.68 | 21,213.55 | 21,346.21 | 25,884.55 | 89,112.99 |
| 1. Trade | 6,158.80 | 6,446.65 | 6,507.90 | 7,494.20 | 26,607.54 |
| 2. Accomodation and Food Services | 510.02 | 235.97 | 471.86 | 542.13 | 1,759.98 |
| 3. Transportation and Storage | 727.02 | 1,257.16 | 985.94 | 1,321.28 | 4,291.39 |
| a. Road Transport | 615.60 | 1,194.85 | 869.93 | 1,195.87 | 3,876.25 |
| b. Rail Transport & Pipelines | 0.09 | 0.04 | 0.05 | 0.19 | 0.37 |
| c. Water Transport | 1.82 | 2.38 | 4.14 | 3.21 | 11.54 |
| d. Air Transport | 84.73 | 32.65 | 73.44 | 77.85 | 268.67 |
| e. Transport Services | 14.78 | 23.33 | 33.67 | 35.96 | 107.74 |
| f. Post and Courier Services | 10.01 | 3.90 | 4.71 | 8.20 | 26.82 |
| 4. Information and Communication | 4,779.46 | 5,454.57 | 5,004.31 | 5,913.33 | 21,151.67 |
| a. Telecommunications and Information Services | 3,666.36 | 4,272.94 | 4,055.78 | 4,783.64 | 16,778.72 |
| b. Publishing | 10.07 | 8.68 | 9.18 | 9.83 | 37.77 |
| c. Motion Pictures, Sound Recording and Music Production | 452.27 | 312.72 | 416.54 | 405.14 | 1,586.67 |
| d. Broadcasting | 650.76 | 860.22 | 522.81 | 714.72 | 2,748.51 |
| 5. Arts, Entertainment & Recreation | 102.11 | 70.84 | 73.80 | 87.09 | 333.84 |
| 6. Financial and Insurance | 1,720.78 | 1,631.42 | 1,478.00 | 1,870.93 | 6,701.13 |
| a. Financial Institutions | 1,533.49 | 1,453.54 | 1,330.04 | 1,736.92 | 6,053.98 |
| b. Insurance | 187.29 | 177.87 | 147.97 | 134.02 | 647.15 |
| 7. Real Estate | 2,231.22 | 2,229.08 | 2,594.16 | 3,189.53 | 10,243.98 |
| 8. Professional, Scientific & Technical Services | 1,233.33 | 1,166.74 | 1,368.75 | 1,580.08 | 5,348.90 |
| 9. Administrative and Support Services | 7.45 | 7.86 | 9.47 | 8.98 | 33.76 |
| 10. Public Administration | 624.05 | 833.22 | 870.43 | 1,005.68 | 3,333.39 |
| 11. Education | 753.86 | 528.36 | 729.33 | 1,012.18 | 3,023.74 |
| 12. Human Health & Social Services | 274.17 | 300.80 | 308.66 | 308.57 | 1,192.20 |
| 13. Other Services | 1,546.41 | 1,050.89 | 943.60 | 1,550.56 | 5,091.46 |
| GDP at Current Basic Prices | 45,317.82 | 45,004.52 | 52,255.81 | 56,757.89 | 199,336.04 |
| Net Taxes on Products | 584.82 | 500.76 | 920.70 | 1,022.69 | 3,028.98 |
| GDP at Current Market Prices | 45,902.64 | 45,505.29 | 53,176.51 | 57,780.58 | 20,236,503.00 |
| 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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