Nigeria Economic Growth
Q4 2025 — Full Breakdown
Nigeria's economy grew 4.07% in Q4 2025 and 3.87% for the full year. Official NBS data on Nigeria economic growth, sector by sector, oil vs non-oil, and the quarterly trend.
Q4 2025 Growth
4.07%
Real GDP (YoY)
Full Year 2025
3.87%
Annual GDP growth
Oil Sector Q4
6.79%
crude oil & gas
Non-Oil Q4
3.99%
97.1% of GDP
GDP Composition — Q4 2025
Agriculture
27.6%
of GDP
2025 growth
2.92%
Industry
16.8%
of GDP
2025 growth
4.57%
Services
55.7%
of GDP
2025 growth
4.14%
■ Agriculture 27.6% ■ Industry 16.8% ■ Services 55.6%
GDP Growth Trend — Q1 2024 to Q4 2025
Real GDP Oil Sector Non-Oil
The Q2 2025 oil spike (20.46%) reflects crude production recovery after maintenance shutdowns. Non-oil growth has remained steady at 3.6–4% throughout.
All Sectors — Growth Rate 2025
| Sector | Category | Full Year 2025 | Q4 2025 | vs National |
|---|---|---|---|---|
| Transportation | Services | 16.92% | 21.25% | +13.05pp above |
| Financial & Insurance | Services | 14.54% | 8.30% | +10.67pp above |
| Water Supply | Industry | 10.01% | 9.21% | +6.14pp above |
| Mining & Quarrying | Industry | 9.67% | 8.90% | +5.80pp above |
| Arts & Entertainment | Services | 9.02% | 9.30% | +5.15pp above |
| Electricity & Gas | Industry | 8.45% | 4.26% | +4.58pp above |
| Info & Communication | Services | 6.85% | 7.55% | +2.98pp above |
| Construction | Industry | 5.53% | 5.08% | +1.66pp above |
| Admin & Support | Services | 3.89% | 4.49% | +0.02pp above |
| Real Estate | Services | 3.78% | 3.43% | -0.09pp below |
| Accommodation & Food | Services | 3.55% | 4.22% | -0.32pp below |
| Agriculture | Agriculture | 2.92% | 4.00% | -0.95pp below |
| Professional Services | Services | 2.77% | 3.23% | -1.10pp below |
| Health & Social | Services | 2.46% | 2.75% | -1.41pp below |
| Education | Services | 2.35% | 2.21% | -1.52pp below |
| Public Admin | Services | 2.00% | 2.17% | -1.87pp below |
| Trade | Services | 1.77% | 2.00% | -2.10pp below |
| Manufacturing | Industry | 1.41% | 1.13% | -2.46pp below |
| Other Services | Services | 0.34% | 4.11% | -3.53pp below |
Editors' Insight
What 4.07% GDP growth actually means for Nigerians
4.07% growth — real, but not felt by most Nigerians
Nigeria's economy grew 4.07% in Q4 2025 and 3.87% for the full year. That's genuine growth — faster than population growth (~2.4%), which means GDP per capita is rising. But growth is concentrated in services and finance sectors that employ a small share of the workforce. Most Nigerians work in agriculture and the informal economy, where growth is slowest.
Transportation at 16.9% — the logistics boom is real
Nigeria's fastest-growing formal sector is transportation — up 16.9% in 2025 and a striking 21.25% in Q4 alone. This reflects the explosion of last-mile delivery, ride-hailing, and logistics driven by e-commerce. Bolt, Uber, Gokada alternatives, and thousands of delivery startups are showing up in macro data. This is structural, not cyclical.
Finance sector at 14.5% — banks are winning while businesses struggle
Financial services grew 14.5% in 2025 — second fastest in the economy. High interest rates that hurt manufacturers and traders are simultaneously fattening bank profits through fixed income holdings and lending spreads. This is the most politically loaded number in the GDP report: the financial sector thrives precisely when monetary policy is tight.
Manufacturing at 1.41% — Nigeria's industrialisation problem persists
Manufacturing grew just 1.41% in 2025 — the weakest major sector, well below the national average. High energy costs, FX challenges for imported inputs, and infrastructure gaps are structural constraints that haven't been solved. A 4% GDP economy that can't grow its manufacturing base is an economy that will remain dependent on oil and unable to absorb its growing labour force.
About this data
Data sourced from the National Bureau of Statistics (NBS) Gross Domestic Product Report for Q4 and Full Year 2025. GDP figures are in 2019 constant basic prices (real terms). Sector contributions reflect Q4 2025 shares. Figures.ng republishes official NBS data for every Nigerian.