Services, value added (% of GDP)

Definition

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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

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.SRV.TOTL.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.SRV.TOTL.ZS. Retrieved via DataNigeria (dataset wb-wdi-nigeria, version 3, published 2 November 2026). Licence: CC-BY-4.0.

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