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States Nominal Gross Domestic Product States Nominal Gross Domestic Product (2013 – 2017) - PHASE II - ANAMBRA - EDO - JIGAWA - ONDO - BAUCHI - EKITI - KOGI - FCT-ABUJA - EBONYI - GOMBE - NIGER Report Date: May 2019 Data Source: National Bureau of Statistics (NBS) Contents Executive Summary 1 Nominal GDP for 22 States By Highest to Lowest 2017 N'mn 3 Anambra 4 Bauchi 20 Ebonyi 36 Edo 52 Ekiti 68 Gombe 84 Jigawa 100 Kogi 116 Niger 132 Ondo 148 FCT - Abuja 164 Appendix - Tables 180 Methodology 206 Acknowledgment and Contact 213 Executive Summary GDP of an economy, including at State level, is a measure in monetary terms of production of all goods and services during a period. Like the compilation at the national level, State accounts statistics are 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 relevant guidelines adopted are the International Standard Industrial Classification of all Economic Activities (ISIC) as well as the Central Product Classification (CPC) system. States GDP compilation is important and useful for various purposes. First, it provides important information to support evidence-based policymaking. It also helps to identify key drivers of economic growth in each state and assess the performance of the state economy. Further, by revealing the structure of the state economy, the contribution of each state to the national output can be determined. Methodologically, National/State accounts describe all flows within a period between the economic units constituting the national /state economy and their stocks. As such, the States accounts can follow national accounts as long as one can clearly define and delineate a state, and its resident units in terms of institutional units, production units, consumer units within it. In short, SGDP is the sum of gross value added of all resident producer units (industries) within the economic borders of the state during a given period of time including taxes, less subsidies, on products. The institutional units / sectors in the States include: Non-financial corporations (Flour Mills, Nestle, etc), Financial corporations (Banks, Insurance etc), State governments, Non-profit institutions serving households (NPISH) in the state, and Households. In compilation of SGDP, residence is not based on birth or legal criteria. Instead, an institutional unit is classified as resident if it has a centre of economic interest in the economic territory of a state. Certain activities cut across state boundaries, and thus their economic contribution cannot be assigned to any one state eg telecommunication, Railway line, Transportation, Banking & Insurance. Other activities like Defence, paramilitary, border security force, high sea drilling etc are kept outside the purview of the state GDP. Key data sources included in SGDP compilation include secondary/administrative data, surveys, financial statements, audited State government accounts and VAT returns, among others. In practice, 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 the first phase, estimates for eleven (11) States – Akwa Ibom, Bayelsa, Cross River, Delta, Kaduna, Kano, Ogun, Osun, Oyo, Rivers and Zamfara – were published in October 2018, providing estimates for states GDP for the five-year period covering 2013-2017. The completion of this initial phase of the SGDP compilation exercise revealed new insights regarding the structure of sub-national economies, while also demonstrating an improvement in statistical capacity for producing both national and state accounts. 1 State Nominal Gross Domestic Products 2013 – 2017 This report provides estimates for the second phase of the States GDP compilation exercise covering an additional 10 states - Anambra, Bauchi, Ebonyi, Edo, Ekiti, Gombe, Jigawa, Kogi, Niger, Ondo - and the Federal Capital Territory (FCT). Thus, the results for all 22 states are provided and analysed in this report. This is expected to inform policymakers at all levels regarding absolute and relative magnitudes of economic activities in the reporting States, even as NBS continues efforts to complete the last phase of compilation for the remaining 15 States. Summary of findings I. In 2017, the nominal gross domestic product for the 22 states (for which data is currently available) stood at N63.8trillion, or 56% of Nigeria's nominal gross domestic product in that year. ii. By sector, the 22 states accounted for 57%, 77% and 48% of agriculture, industry and services GDP at the national level respectively. Among the 22 states, however, services sector accounted for 67%, while agriculture accounted for 22% and industry, 11%. iii. Among the 22 states, FCT had the highest gross domestic product at N10.6 trillion, or 17% of total states GDP. This was followed by Akwa-Ibom and Rivers States, each with 8% of total states GDP. iv. In the FCT, services accounted for 81% of GDP while industry and agriculture accounted for 18% and 10% respectively. In Akwa-Ibom, however, industry accounted for 65% while services and agriculture accounted for 19% and 16% respectively. v. Across the 22 states, the non-oil sector represented 98% of total states GDP while the oil sector accounted for only 2%. vi. The 6 states with the highest nominal GDP in 2017 – FCT, Akwa-Ibom, Rivers, Delta, Bayelsa, Anambra – accounted for about 50% of the total states GDP, or 27% of Nigeria's nominal GDP, in 2017. 12 State Nominal Gross Domestic Products 2013 – 2017 STATE NOMINAL GDP 2013 – 2017 Nominal GDP for 22 States By Highest to Lowest 2017 N'mn State Nominal GDP State Agriculture State Industry State Services FCT - Abuja N10,627,397.86 Ondo N1,251,162.19 Akwa Ibom N3,362,877.68 FCT - Abuja N8,590,527.66 Akwa Ibom N5,141,068.15 Niger N1,230,025.33 Rivers N2,942,581.53 Kano N2,082,390.23 Rivers N5,110,583.69 Cross River N1,054,304.17 Delta N2,403,152.77 Anambra N1,809,040.15 Delta N4,057,812.28 Kaduna N1,019,502.87 Bayelsa N2,299,507.23 Rivers N1,635,065.78 Bayelsa N3,155,779.09 Akwa Ibom N822,947.13 FCT - Abuja N1,918,883.73 Oyo N1,472,212.95 Anambra N3,079,167.42 Ogun N754,378.97 Ogun N848,407.22 Kaduna N1,370,741.36 Kano N2,974,429.10 Oyo N606,963.43 Ondo N670,889.32 Ogun N1,207,490.43 Ondo N2,933,433.12 Anambra N603,735.95 Anambra N666,391.32 Edo N1,195,124.22 Ogun N2,810,276.63 Edo N584,041.00 Cross River N648,344.90 Delta N1,101,803.70 Kaduna N2,691,445.94 Ebonyi N560,014.48 Edo N563,592.71 Niger N1,041,388.89 Niger N2,606,185.95 Ekiti N555,057.93 Kogi N503,701.44 Ondo N1,011,381.61 Oyo N2,506,753.94 Delta N552,855.81 Oyo N427,577.56 Akwa Ibom N955,243.34 Edo N2,342,757.93 Kano N533,196.94 Kano N358,841.93 Bauchi N902,411.70 Cross River N2,314,948.82 Rivers N532,936.39 Niger N334,771.74 Jigawa N837,228.52 Kogi N1,817,777.37 Osun N506,997.30 Bauchi N311,657.17 Osun N822,338.45 Bauchi N1,641,326.66 Kogi N501,132.11 Kaduna N301,201.71 Kogi N812,943.82 Osun N1,469,983.47 Zamfara N429,613.99 Gombe N227,636.27 Gombe N687,803.00 Jigawa N1,431,566.79 Bauchi N427,257.79 Ekiti N192,938.27 Ekiti N642,023.40 Ekiti N1,390,019.59 Jigawa N424,700.27 Jigawa N169,638.00 Bayelsa N632,986.69 Ebonyi N1,327,104.09 Gombe N323,810.11 Zamfara N163,360.52 Cross River N612,299.75 Gombe N1,239,249.37 Bayelsa N223,285.17 Ebonyi N157,977.53 Ebonyi N609,112.07 Zamfara N1,100,458.02 FCT - Abuja N117,986.47 Osun N140,647.72 Zamfara N507,483.51 TOTAL 22 N63,769,525.27 TOTAL 22 N13,615,905.80 TOTAL 22 N19,614,578.26 TOTAL 22 N30,539,041.21 States States States States Total Nigeria Total Nigeria Total Nigeria Total Nigeria N113,711,634.61 N23,952,554.20 N25,639,902.28 N64,119,178.13 GDP (2017) GDP (2017) GDP (2017) GDP (2017) Share of 22 in Share of 22 in Share of 22 in Share of 22 in 56.08% 56.85% 76.50% 47.63% Nigeria GDP % Nigeria GDP % Nigeria GDP % Nigeria GDP % Share of remaining 43.92% Share of remaining 43.15% Share of remaining 23.50% Share of remaining 52.37% 15 States GDP %* 15 States GDP %* 15 States GDP %* 15 States GDP %* Remaining 15 States : Abia, Adamawa, Benue, Borno, Imo, Jigawa, Katsina,Kebbi, Kwara, Lagos, Nasarawa, Plateau, Sokoto, Taraba, Yobe 3 State Nominal Gross Domestic Products 2013 – 2017 STATE NOMINAL GDP 2013 – 2017 Anambra State SUB-SECTOR GROSS DOMESTIC PRODUCT AT CURRENT BASIC PRICE (=N=MILLION) 2013 2014 2015 2016 2017 AGRICULTURE N457,102.67 N410,260.57 N449,293.60 N538,948.94 N603,735.95 Crop Production N439,185.88 N389,290.23 N425,161.76 N512,366.23 N584,086.83 Livestock N16,008.78 N18,265.22 N20,905.03 N22,785.76 N15,628.84 4 State Nominal Gross Domestic Products 2013 – 2017 Anambra State Nominal GDP (N’Million) 2013 2014 2015 2016 2017 Forestry N765.18 N854.43 N961.43 N1,013.15 N1,111.06 Fishing N1,142.83 N1,850.68 N2,265.37 N2,783.81 N2,909.22 MINING AND QUARRYING N334.45 N416.83 N563.35 N330.89 N515.37 Crude Petroleum and Natural Gas ----- ----- ----- ----- ----- 5 State Nominal Gross Domestic Products 2013 – 2017 Anambra State Nominal GDP (N’Million) 2013 2014 2015 2016 2017 Coal Mining ----- ----- ----- ----- ----- Metal Ores ----- ----- ----- ----- ----- Quarrying and Other Minerals N334.45 N416.83 N563.35 N330.89 N515.37 6 State Nominal Gross Domestic Products 2013 – 2017 Anambra State Nominal GDP (N’Million) 2013 2014 2015 2016 2017 MANUFACTURING N211,971.55 N339,234.44 N562,031.75 N578,370.96 N529,852.86
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