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Services drive GDP growth to 4.07% in Q4 2025 – NBS

Naija News • 2d ago
Services drive GDP growth to 4.07% in Q4 2025 – NBS
Nigeria's Economy Posts Impressive 4.07% Growth in Q4 2025, Beats IMF Projections In a welcome development for the Nigerian economy, the Gross Domestic Product (GDP) report for Q4 2025 has revealed a significant 4.07% year-on-year growth in real terms. This impressive performance surpasses the 3.76% growth recorded in the same period in 2024, signifying a notable improvement in economic performance. The growth was driven by a surge in the services sector, which retained its position as the largest contributor to overall output. With a 55.92% share of aggregate GDP, the services sector continues to dominate Nigeria's economic structure. The agriculture sector also recorded a notable growth of 4.00%, up from 2.54% in Q4 2024, while the industry sector expanded by 3.88%, an improvement from 2.49% in the comparable period. The nominal GDP also experienced a significant rise, with a year-on-year growth of 17.55% to N122.81 trillion in Q4 2025, compared to N104.48 trillion in the same period in 2024. The leading contributors to real GDP in the quarter included crop production, trade, real estate, and telecommunications and information services. This positive economic performance is a testament to the resilience of the Nigerian economy. The growth trumped the projection of the International Monetary Fund, which had anticipated a 3.4% growth in 2025. The full-year growth rate of 3.87% in 2025 represents an improvement over the 3.38% growth achieved in 2024. Experts have noted that the sectors with high contribution to GDP in 2025 include agriculture, trade, real estate, ICT, and manufacturing. Interestingly, despite the decline in manufacturing, real estate, admin support, education, and health, trade, public administration, and professional services recorded growth. Overall, the Q4 2025 GDP report paints a positive picture of the Nigerian economy, with broad-based sectoral growth, rising nominal output, and continued reliance on services as the primary engine of expansion. This development is likely to have a positive impact on the country's economic outlook, and investors are likely to take note of this promising trend.
Source: Original Article. AI-enhanced version.