The National Bureau of Statistics tracks about 46 sectors of the Nigerian Economy. This table represents the real GDP growth rate (in percentages) for each of these sectors since 1982.
The Nigerian economy recorded a recession in 1982, 1983 and 1984 before recording growth for 8 years straight. It fell back into recession in the years 1993, 1994 and 1995 and recording growth for 19 years straight until 2016 when it recorded one of its greatest recession ever.
The table below captures Nigeria’s Sector GDP Growth rate every year since 1982.
NB: Scroll table to the left to see more data on the right.
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This data was sourced from the National Bureau of Statistics.
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THis not the truth,where those American researcher are getting their data ?,even during the civil war,the economy did grew,as the civil war was localized in the south east,even under Gen abacha ,the economy did grew,it looks Gen Abacha is smarter than Mr Buhari,under Mr Buhari military dictatorship,his one yr produced a 1% growth,because the economy was almost grind to dust,due to his high-handed handling of the economy.In 8 yrs of Gen Babangida military dictatorship,the economy did produced an economic growth of 10 % at least once.under obasanjo,the economy did grew 30 % in 2004,it biggest growth in Nigerian history.
This is the first Nigeria ever experienced a recession,which is under Mr Buhari even during this delusional global recession,nigeria did not experienced any adverse growth,they did better under Mr Yar’adua AS` THE PRESIDENCY UNDER YARA’DUA DID SAW THIS DOWNFALL and the cbn DID SAW IT,what they did was to isolate the problem,which happened with the banking industry,they were able to absorbe some of the problem.i did reserved my comment as some Nigerian media did picked this story,about Nigeria recession,which was aired in Bloomberg ” THAT THIS IS NIGERIAN FIRST RECESSION FOR 25 yRS.it did not happened ever. THIS IS NIGERIAN FIRST RECESSION EVER.THE WHITE CANNOT BE TRUSTED TO TELL THE TRUTH.GOVT SHOULD CLOSES THOSE FRENCH CULTURAL CENTRE THROUGHOUT NIGERIA