The National Bureau of Statistics on Monday said Nigeria’s economy picked up pace in the second quarter of 2025, expanding by 4.23 per cent year-on-year, a clear improvement from 3.48 per cent in Q2 2024 and 3.13 per cent in Q1 2025.
According to the report, 10 activities contributed the most to Nigeria’s real GDP in the quarter.
It shows that the agriculture sector accounted for roughly 26.17 per cent of real GDP, while non-oil industries continued to dominate overall output in Q2 2025.
Below are the top 10 contributing industries and their shares of Nigeria’s real GDP in Q2 2025, ranked from largest to smallest.
Trade — Contributing 18.28 per cent of real GDP, trade remained the single largest contributor in Q2 2025. The sector includes wholesale and retail.
Crop production — 17.80 per cent. Crop farming was the dominant sub-activity within agriculture and the second-largest contributor overall.
Real estate services — 12.80 per cent. Real estate continued to make a large contribution to output.
Telecommunications and information services — 11.18 per cent. The information and communications complex (telecoms, ICT) was a major non-oil engine.
Livestock — 5.90 per cent. Livestock was the next-largest agricultural contributor.
Crude petroleum & natural gas — 4.05 per cent. The oil sector’s sharper rebound helped lift its share of real GDP.
Construction — 3.60 per cent. Construction contributed materially to Q2 activity, reflecting ongoing infrastructure and building work.
Food, beverage & tobacco (manufacturing) — 2.87 per cent. This manufacturing sub-sector remained an important staple of industrial output.
Financial institutions — Banks and related financial services made the top-10 list, having contributed 2.84 per cent to the GDP.
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