In the second quarter of 2023, the agricultural sector generated about 21 percent of Nigeria's GDP. Other key activities for the country's economy were manufacturing, trade, mining and quarrying, and telecommunication. Moreover, around seven percent of Nigeria's GDP was covered by the mining and quarrying sector. In particular, the largest contribution was from crude oil and natural gas. Nigeria is one of the key oil-producing countries and largest exporters in the world. Indeed, the country has one of the main oil reserves in the world.
Distribution of Gross Domestic Production (GDP) across activity sectors in Nigeria as of 2023
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NBS (Nigeria), & Statista. (August 25, 2023). Distribution of Gross Domestic Production (GDP) across activity sectors in Nigeria as of 2023 [Graph]. In Statista. Retrieved November 21, 2024, 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 2023." Chart. August 25, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1207951/gdp-distribution-across-sectors-in-nigeria/
NBS (Nigeria), Statista. (2023). Distribution of Gross Domestic Production (GDP) across activity sectors in Nigeria as of 2023. Statista. Statista Inc.. Accessed: November 21, 2024. 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 2023." Statista, Statista Inc., 25 Aug 2023, 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 2023 Statista, https://www.statista.com/statistics/1207951/gdp-distribution-across-sectors-in-nigeria/ (last visited November 21, 2024)
Distribution of Gross Domestic Production (GDP) across activity sectors in Nigeria as of 2023 [Graph], NBS (Nigeria), & Statista, August 25, 2023. [Online]. Available: https://www.statista.com/statistics/1207951/gdp-distribution-across-sectors-in-nigeria/