DELTA STATE GDP AT A GLANCE
The size of Delta State economy grew from 2.96 trillion naira in 2015 to 4.43 trillion naira in 2020, that is, by 53%. This impressive economic performance is the culmination of sound economic governance, fiscal prudence and effective implementation of sector policies and programs. Though higher in 2019, the dip to 4.43 trillion in 2020 underscores the effect of global COVID 19 pandemic, insecurity, devaluation of naira etc.
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Source: NBS
Delta State GDP at current basic price 2015-2020
Services is the second major contributor to GDP following the oil sector. Agriculture is the third major sector while manufacturing is the least contributor.
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Source: NBS
OIL AND NON-OIL SECTORS OF DELTA STATE GDP
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Source: NBS
Increasing diversification of the state’s economy towards non-oil sector. This is the outcome of the various of economic, fiscal and infrastructural development policies and programmes of the Okowa administration.