Nigeria’s Gross Domestic Product (GDP) grew by 3.98 per cent year-on-year in real terms in the third quarter of 2025, reflecting a marginal improvement over the 3.86 per cent recorded in the same period of 2024, according to new data released by the National Bureau of Statistics (NBS).
The NBS report, published on Monday, shows that all major sectors of the economy posted positive growth, with agriculture and industry recording notable improvements.
During the quarter, the agriculture sector expanded by 3.79 per cent, up from 2.55 per cent in Q3 2024. The industry sector also strengthened, growing by 3.77 per cent compared to 2.78 per cent in the corresponding period of the previous year.
The services sector, which remains the largest contributor to the economy, grew by 4.15 per cent, slightly lower than the 4.97 per cent recorded in Q3 2024. Nevertheless, it maintained its dominance, accounting for 53.02 per cent of the country’s total GDP—an increase from 52.93 per cent last year.
The bureau noted that the overall growth reflects continued economic recovery and resilience across key sectors despite lingering macroeconomic pressures.
