Abuja, Dec. 2, 2025 – Nigeria’s Gross Domestic Product (GDP) grew by 3.98 per cent in the third quarter of 2025, up from 3.86 per cent achieved in same period in 2024.
The National Bureau of Statistics (NBS) disclosed this on Monday in its latest Gross Domestic Product (GDP) Report.
According to the report, the Aggregate GDP in real terms stood at ₦57.03 trillion, up from ₦54.85 trillion in corresponding period in 2024.
In nominal terms, the GDP grew by 18.12 per cent year-on-year to ₦113.59 trillion, from ₦96.16 trillion recorded in 2024.
The services sector contributed the highest of 53.02 per cent of real GDP and was followed by agriculture which had 31.21 per cent.
The oil sector recorded real growth of 5.84 per cent, up from 5.66 per cent it achieved in Q3 2024.
Average crude oil production during the period rose to 1.64 million barrels per day from 1.47 million barrels per day slightly lower than the 1.68 million barrels per day recorded in Q2 2025.
Oil sector’s contribution to real GDP increased marginally to 3.44 per cent during the period, while the non-oil sector grew by 3.91 per cent over same period in 2024.
