Manufacturing, value added (% of GDP)

Definition

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Type of figure

Official statistic. Published by a national authority, such as the statistics office or the central bank, and compiled by the source shown.

Updated

Yearly

SDG target

9.2.1

Compiled from

Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB)

Source

World Bank, World Development Indicators (NV.IND.MANF.ZS)

Licence

CC-BY-4.0

Version

Dataset wb-wdi-nigeria, version 3, published 2 November 2026

Cite this

World Bank, World Development Indicators, indicator NV.IND.MANF.ZS. Retrieved via DataNigeria (dataset wb-wdi-nigeria, version 3, published 2 November 2026). Licence: CC-BY-4.0.

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