list of nigerian states by gdp 2018

The GDP value of Nigeria represents 0.38 percent of the world economy. Estimates by world bank since 1960 in nominal terms and since 1990 in ppp terms at current and constant prices. This is one of the richest states in Nigeria. The boundaries of the state roughly correspond to those of the Tangale-Waja Chiefdom and Gombe Emirate, a traditional state. GDP in Nigeria averaged 134.82 USD Billion from 1960 until 2020, reaching an all time high of 546.70 USD Billion in 2014 and a record low of 4.20 USD Billion in 1960. The Gross Domestic Product (GDP) in Nigeria was worth 432.30 billion US dollars in 2020, according to official data from the World Bank. GDP of Nigeria increased from 73.13 billion US dollars in 2001 to 429.42 billion US dollars in 2020 growing at an average annual rate of 10.82%. Rivers - $21.17 billion. List of Nigerian states by population - Wikipedia One major source of Edo state wealth is tourism. Notes:- I. In 2020, GDP for Nigeria was 429.42 billion US dollars. World Bank national accounts data, and OECD National Accounts data files. Yobe state is considered as the poorest state in Nigeria. It covers an area of 11,077 square kilometres. Agriculture is the main occupation of the people in this state. Historical all the states created in the postindependent Nigeria were carried out by various military administrations. Projections by IMF. Nigeria GDP 2021 - StatisticsTimes.com Among the 22 states, however, services sector accounted . Background. The compilation of Gross Domestic Product (GDP) estimates for sub-national units of the Federation has been a phased exercise at the National Bureau of Statistics since 2013. ii. The state is chiefly inhabited by indigenous tribes which Fulani constitute the majority amongst the . Furthermore, the states have smaller local government subdivisions that add up to 774. Map of Nigerian states by population density The following table presents a listing of Nigeria 's 36 states ranked in order of their total population based on the 2006 Census figures, [1] as well as their 2016 projected populations, which was published by the National Bureau of Statistics . This state is located in the North Eastern part of the country and has Damaturu as its capital. Download Historical Data. A state in Nigeria refers to a political entity that holds parts of the sovereignty while the federal government holds the rest. YOBE STATE. Nigeria, a country in Western Africa, is the most populous country in Africa. Suffice to say that Edo is also an oil producing state with a GDP of $11.88 billion and a per capita of $3.623. Notes:- I. Nigerian States by GDP, 2010. With a GDP of US$2,011, it sure is. Nigeria gdp for 2017 was $375.75B, a 7.14% decline from 2016. Nigeria gdp for 2019 was $448.12B, a 12.82% increase from 2018. List of The Top 10 Poorest States in Nigeria 2019. Projections by IMF. 2. Ogun State 10. By sector, the 22 states accounted for 57%, 77% and 48% of agriculture, industry and services GDP at the national level respectively. Estimates by world bank since 1960 in nominal terms and since 1990 in ppp terms at current and constant prices. Rank State GDP (in millions of USD) 1 Lagos State: US$33,679 2 Rivers State: US$21,073 3 Delta State: US$16,749 4 Oyo State: US$16,121 5 Imo State: US$14,212 6 Kano State: The boundaries of the state roughly correspond to those of the Tangale-Waja Chiefdom and Gombe Emirate, a traditional state. Yobe state is considered as the poorest state in Nigeria. In total, Nigeria has 36 states that are held together by a federal government. The region is rich in vast reserves of natural gas and crude oil. Rivers State 3. The Gross Domestic Product (GDP) in Nigeria was worth 432.30 billion US dollars in 2020, according to official data from the World Bank. GDP in Nigeria averaged 134.82 USD Billion from 1960 until 2020, reaching an all time high of 546.70 USD Billion in 2014 and a record low of 4.20 USD Billion in 1960. Edo State 8. YOBE STATE. The GDP value of Nigeria represents 0.38 percent of the world economy. List of The Top 10 Poorest States in Nigeria 2019. License: CC BY-4.0 . The following table presents a listing of Nigeria's 36 states ranked in order of their total GDP in 2010. Gombe, usually referred to as Gombe State to distinguish it from its capital city Gombe, is located in northeastern Nigeria and is one of the country's 36 states. More than 60% of Nigerian crude oil output. By sector, the 22 states accounted for 57%, 77% and 48% of agriculture, industry and services GDP at the national level respectively. In 2017/2018, eleven (11) States - Akwa Ibom, Bayelsa, Cross River, Delta, Kaduna, Kano, Ogun, Osun, Oyo, Rivers and Zamfara - were selected for the initial . Download Historical Data. Lagos State 2. 1. GDP of Nigeria in nominal and ppp terms. Delta State 4. The list like I mentioned earlier was compiled based on their GDP per annum. The state is chiefly inhabited by indigenous tribes which Fulani constitute the majority amongst the . Wrapping Up. Thursday, October 18, 2018 / 02:44 PM / NBS . The following table presents a listing of Nigeria's 36 states ranked in order of their total GDP in 2010. With a GDP of US$2,011, it sure is. Gombe, usually referred to as Gombe State to distinguish it from its capital city Gombe, is located in northeastern Nigeria and is one of the country's 36 states. Nigerian States by GDP, 2010. Nigeria, a country in Western Africa, is the most populous country in Africa. Imo State 6. Some of its natural resources include Gold, Graphite, Amethyst, kyanite, and Sillimanite. This began in 1967 with the creation of 12 states by the regime of Yakubu . ii. Nigerian Gross Domestic Product - Expenditure and Income Approach Q1-Q4 2019, Q1-Q2 2020: 2: 6: 7: 2374: Company Income Tax by Sectors (2015 - Q3 2020) 5: 10: 38: 1685: Selected Food Prices Watch (October 2020) 5: 10: 13: 1218: Nigerian Gross Domestic Product Report (Q3 2020) 2: 6: 7: Growth Rate, Contribution to GDP: 8633: Transport Fare Watch . GDP (current US$) - Nigeria. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Related Articles: Richest States In Nigeria & Their GDP (Latest Figures) Oyo State 5. Nigeria gdp for 2017 was $375.75B, a 7.14% decline from 2016. With a GDP OF $10.334 billion, Kaduna is the 10th richest state in Nigeria at the moment. Nigeria gdp for 2020 was $432.29B, a 3.53% decline from 2019. Nigeria gdp for 2019 was $448.12B, a 12.82% increase from 2018. Furthermore, the states have smaller local government subdivisions that add up to 774. Akwa Ibom State 9. Map of Nigerian states by population density The following table presents a listing of Nigeria 's 36 states ranked in order of their total population based on the 2006 Census figures, [1] as well as their 2016 projected populations, which was published by the National Bureau of Statistics . A state in Nigeria refers to a political entity that holds parts of the sovereignty while the federal government holds the rest. This began in 1967 with the creation of 12 states by the regime of Yakubu . Richest States In Nigeria & Their GDP (Latest Figures) 1. Rank State GDP (in millions of USD) 1 Lagos State: US$33,679 2 Rivers State: US$21,073 3 Delta State: US$16,749 4 Oyo State: US$16,121 5 Imo State: US$14,212 6 Kano State: This state is located in the North Eastern part of the country and has Damaturu as its capital. 1. Nigeria gdp for 2018 was $397.19B, a 5.71% increase from 2017. The population of Rivers is 5.2 million people, and its GDP is $21.17 billion. GDP of Nigeria in nominal and ppp terms. Listed here are the current richest states in Nigeria today. In a recent list of IGR of states in Nigeria, Edo income revenue was put at ₦19,117,468,369.25. In 2017, the nominal gross domestic product for the 22 states (for which data is currently available) stood at N63.8trillion, or 56% of Nigeria nominal gross domestic product in that year. Among the 22 states, however, services sector accounted . Historical all the states created in the postindependent Nigeria were carried out by various military administrations. Nigeria gdp for 2018 was $397.19B, a 5.71% increase from 2017. Kaduna State Wrapping Up. In total, Nigeria has 36 states that are held together by a federal government. Nigerian Gross Domestic Product - Expenditure and Income Approach Q1-Q4 2019, Q1-Q2 2020: 2: 6: 7: 2374: Company Income Tax by Sectors (2015 - Q3 2020) 5: 10: 38: 1685: Selected Food Prices Watch (October 2020) 5: 10: 13: 1218: Nigerian Gross Domestic Product Report (Q3 2020) 2: 6: 7: Growth Rate, Contribution to GDP: 8633: Transport Fare Watch . In 2017, the nominal gross domestic product for the 22 states (for which data is currently available) stood at N63.8trillion, or 56% of Nigeria nominal gross domestic product in that year. Agriculture is the main occupation of the people in this state. Kano State 7. Nigeria gdp for 2020 was $432.29B, a 3.53% decline from 2019. , Nigeria has 36 states that are held together by a federal government the... Gdp value of Nigeria represents 0.38 percent of the country and has Damaturu as its capital roughly correspond those... 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