GDP from Mining in Nigeria increased to 1119836.14 NGN Million in the third quarter of 2024 from 1042809.04 NGN Million in the second quarter of 2024. GDP from Mining in Nigeria averaged 1566929.79 NGN Million from 2010 until 2024, reaching an all time high of 2406675.90 NGN Million in the first quarter of 2011 and a record low of 913547.58 NGN Million in the fourth quarter of 2022. source: National Bureau Of Statistics, Nigeria

GDP from Mining in Nigeria is expected to be 1202569.00 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 Mining is projected to trend around 1225213.00 NGN Million in 2026 and 1280347.00 NGN Million in 2027, according to our econometric models.




Related Last Previous Unit Reference
GDP 362.81 472.62 USD Billion Dec 2023
GDP Growth Rate YoY 3.46 3.19 percent Sep 2024
GDP Constant Prices 20115766.93 18285019.24 NGN Million Sep 2024
GDP from Agriculture 5763385.21 4135134.19 NGN Million Sep 2024
GDP from Construction 672885.38 579052.15 NGN Million Sep 2024
GDP from Manufacturing 1651873.40 1547525.55 NGN Million Sep 2024
GDP from Mining 1119836.14 1042809.04 NGN Million Sep 2024
GDP from Public Administration 407231.74 390870.53 NGN Million Sep 2024
GDP from Services 10777518.06 10744698.76 NGN Million Sep 2024
GDP from Transport 183403.69 135786.11 NGN Million Sep 2024
GDP from Utilities 118136.54 213278.51 NGN Million Sep 2024
GDP Growth Rate 10.00 0.00 percent Sep 2024
Gross Fixed Capital Formation 3499394.70 2574020.08 NGN Million Dec 2023

Nigeria GDP From Mining
Actual Previous Highest Lowest Dates Unit Frequency
1119836.14 1042809.04 2406675.90 913547.58 2010 - 2024 NGN Million Quarterly
Constant 2010 Prices, NSA