In 2020, Nigeria's GDP amounted to 152,32 trillion Naira, over 400 billion U.S.dollars. About 24 percent of GDP is generated by the agricultural sector. Other key activities for the country's economy are manufacturing, mining and quarrying, trade, and telecommunication. About seven percent of Nigeria's GDP is generated by the mining and quarrying sector. In particular, the largest contribution is given by crude oil and natural gas. Nigeria is one of the key oil-producing countries and largest exporters in the world. Indeed, Nigeria has one of the main oil reserves in the world.
Distribution of Gross Domestic Production (GDP) across activity sectors in Nigeria as of 2020
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NBS (Nigeria), & Statista. (February 18, 2021). Distribution of Gross Domestic Production (GDP) across activity sectors in Nigeria as of 2020 [Graph]. In Statista. Retrieved June 26, 2022, from https://www.statista.com/statistics/1207951/gdp-distribution-across-sectors-in-nigeria/
NBS (Nigeria), und Statista. "Distribution of Gross Domestic Production (GDP) across activity sectors in Nigeria as of 2020." Chart. February 18, 2021. Statista. Accessed June 26, 2022. https://www.statista.com/statistics/1207951/gdp-distribution-across-sectors-in-nigeria/
NBS (Nigeria), Statista. (2021). Distribution of Gross Domestic Production (GDP) across activity sectors in Nigeria as of 2020. Statista. Statista Inc.. Accessed: June 26, 2022. https://www.statista.com/statistics/1207951/gdp-distribution-across-sectors-in-nigeria/
NBS (Nigeria), and Statista. "Distribution of Gross Domestic Production (Gdp) across Activity Sectors in Nigeria as of 2020." Statista, Statista Inc., 18 Feb 2021, https://www.statista.com/statistics/1207951/gdp-distribution-across-sectors-in-nigeria/
NBS (Nigeria) & Statista, Distribution of Gross Domestic Production (GDP) across activity sectors in Nigeria as of 2020 Statista, https://www.statista.com/statistics/1207951/gdp-distribution-across-sectors-in-nigeria/ (last visited June 26, 2022)