States Nominal Gross Domestic Product
(2013 – 2017)
- 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. 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 phase of SGDP computation, providing estimates for states GDP for the five year period covering 2013-2017.
- GDP of an economy, including at State level, is a measure in monetary terms of production of all goods and services. Like the compilation at the national level, State accounts statistics is based on the guidelines and recommendations set out in the System of National Accounts 2008 (SNA 2008). The System of National Accounts provides an internationally-recognised framework and a comprehensive set of concepts, definitions and classifications for national accounting. Additionally, other guidelines adopted include the International Standard Industrial Classification of all Economic Activities (ISIC) as well as the Central Product Classification (CPC) system.
Data source: National Bureau of Statistics