Delta State economy thrives on Petroleum, Agriculture, Industry, Trade and Services. The Gross Domestic Product (GDP) figures for year 2017 released by the Nigerian Bureau of Statistics (NBS) in August of 2018 for Delta Statewas N4.05 trillion.
The State’s GDP grew to N4.4 trillion in 2020 (Delta State Ministry of Economic Planning in collaboration with NBS). Oil and Gas sector is playing lesser role in the State’s economy haven reduced from the contribution of about 49.3%in 2018 to 47.54 of the state’s GDP in 2020; while the Non-Oil sector was 52.46% with Agriculture contributing 13.22%.
The Petroleum sector employs only about 5% of the population and agriculture engages over 65% of Deltans. Consequently, investments in agriculture hold the key to employment generation and wealth
creation in the state. Delta State’s economy is third after Lagos and Rivers in Terms nominal GDP
