Exports of goods, services, income and workers' remittances in Nigeria
Nigeria: Exports of goods, services, income and workers' remittances was 117.23 billion BoP, current US$ in 2011. ▲ Rising
Exports of goods, services, income and workers' remittances in Nigeria, 2005–2011
Source: World Bank, International Debt Statistics. Measured in BoP, current US$.
Analysis
Nigeria recorded 117.23 billion BoP, current US$ for exports of goods, services, income and workers' remittances in 2011. That is the highest value across all 7 years on record.
Compared with earlier readings it is up 16.7% on the previous year and up 63.6% over ten years.
Nigeria ranks 2nd of 41 countries on this measure, in the top 10%.
Exports of goods, services, income and workers' remittances in Nigeria, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 71.63 billion BoP, current US$ | — |
| 2006 | 77.85 billion BoP, current US$ | +8.7% |
| 2007 | 87.84 billion BoP, current US$ | +12.8% |
| 2008 | 109.42 billion BoP, current US$ | +24.6% |
| 2009 | 77.50 billion BoP, current US$ | -29.2% |
| 2010 | 100.48 billion BoP, current US$ | +29.6% |
| 2011 | 117.23 billion BoP, current US$ | +16.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 84.85 billion BoP, current US$ | 71.63 billion BoP, current US$ | 109.42 billion BoP, current US$ | 5 |
| 2010s | 108.85 billion BoP, current US$ | 100.48 billion BoP, current US$ | 117.23 billion BoP, current US$ | 2 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is exports of goods, services, income and workers' remittances in Nigeria?
- Exports of goods, services, income and workers' remittances in Nigeria was 117.23 billion BoP, current US$ in 2011, according to World Bank, International Debt Statistics.
- What is the highest exports of goods, services, income and workers' remittances recorded in Nigeria?
- The highest recorded value was 117.23 billion BoP, current US$ in 2011.
- What is the lowest exports of goods, services, income and workers' remittances recorded in Nigeria?
- The lowest recorded value was 71.63 billion BoP, current US$ in 2005.
- How does Nigeria rank for exports of goods, services, income and workers' remittances?
- Nigeria ranks 2nd out of 41 countries with data for 2011.
- Is exports of goods, services, income and workers' remittances rising or falling in Nigeria?
- Over the last ten years it is up 63.6%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from World Bank, International Debt Statistics, published as part of Exports of goods, services, income and workers' remittances (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services are the total value of goods and services exported as well as income and workers' remittances received. Workers' remittances include compensation of employees. Data are in current U.S. dollars.