Goods exports (BoP, current US$), per unit of GDP in Nigeria
Nigeria: Goods exports (BoP, current US$), per unit of GDP was 0.1977 BoP, current US$ per US$ of GDP in 2025. ◆ Volatile
Goods exports (BoP, current US$), per unit of GDP in Nigeria, 1977–2025
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2025, goods exports (bop, current us$), per unit of gdp in Nigeria stood at 0.1977 BoP, current US$ per US$ of GDP.
Compared with earlier readings it is down 5.9% on the previous year and up 112.4% over ten years.
Over the whole period, goods exports (bop, current us$), per unit of gdp in Nigeria peaked at 0.4041 BoP, current US$ per US$ of GDP in 1980 and was at its lowest, 0.0117 BoP, current US$ per US$ of GDP, in 1998.
That places Nigeria 102nd out of 199 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods exports (BoP, current US$), per unit of GDP in Nigeria, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.3434 BoP, current US$ per US$ of GDP | — |
| 1978 | 0.2858 BoP, current US$ per US$ of GDP | -16.8% |
| 1979 | 0.3541 BoP, current US$ per US$ of GDP | +23.9% |
| 1980 | 0.4041 BoP, current US$ per US$ of GDP | +14.1% |
| 1981 | 0.1085 BoP, current US$ per US$ of GDP | -73.2% |
| 1982 | 0.0851 BoP, current US$ per US$ of GDP | -21.6% |
| 1983 | 0.1067 BoP, current US$ per US$ of GDP | +25.3% |
| 1984 | 0.1613 BoP, current US$ per US$ of GDP | +51.3% |
| 1985 | 0.1778 BoP, current US$ per US$ of GDP | +10.2% |
| 1986 | 0.0928 BoP, current US$ per US$ of GDP | -47.8% |
| 1987 | 0.1435 BoP, current US$ per US$ of GDP | +54.7% |
| 1988 | 0.1385 BoP, current US$ per US$ of GDP | -3.5% |
| 1989 | 0.1789 BoP, current US$ per US$ of GDP | +29.2% |
| 1990 | 0.2514 BoP, current US$ per US$ of GDP | +40.5% |
| 1991 | 0.2059 BoP, current US$ per US$ of GDP | -18.1% |
| 1992 | 0.2265 BoP, current US$ per US$ of GDP | +10.0% |
| 1993 | 0.1747 BoP, current US$ per US$ of GDP | -22.9% |
| 1994 | 0.1177 BoP, current US$ per US$ of GDP | -32.7% |
| 1995 | 0.0259 BoP, current US$ per US$ of GDP | -78.0% |
| 1996 | 0.0272 BoP, current US$ per US$ of GDP | +4.9% |
| 1997 | 0.0231 BoP, current US$ per US$ of GDP | -15.1% |
| 1998 | 0.0117 BoP, current US$ per US$ of GDP | -49.3% |
| 1999 | 0.2177 BoP, current US$ per US$ of GDP | +1760.2% |
| 2000 | 0.2766 BoP, current US$ per US$ of GDP | +27.0% |
| 2001 | 0.2446 BoP, current US$ per US$ of GDP | -11.6% |
| 2002 | 0.1643 BoP, current US$ per US$ of GDP | -32.8% |
| 2003 | 0.2289 BoP, current US$ per US$ of GDP | +39.4% |
| 2004 | 0.2561 BoP, current US$ per US$ of GDP | +11.9% |
| 2005 | 0.3142 BoP, current US$ per US$ of GDP | +22.7% |
| 2006 | 0.2388 BoP, current US$ per US$ of GDP | -24.0% |
| 2007 | 0.2374 BoP, current US$ per US$ of GDP | -0.6% |
| 2008 | 0.2526 BoP, current US$ per US$ of GDP | +6.4% |
| 2009 | 0.1904 BoP, current US$ per US$ of GDP | -24.6% |
| 2010 | 0.217 BoP, current US$ per US$ of GDP | +13.9% |
| 2011 | 0.239 BoP, current US$ per US$ of GDP | +10.2% |
| 2012 | 0.2072 BoP, current US$ per US$ of GDP | -13.3% |
| 2013 | 0.1865 BoP, current US$ per US$ of GDP | -10.0% |
| 2014 | 0.1438 BoP, current US$ per US$ of GDP | -22.9% |
| 2015 | 0.0931 BoP, current US$ per US$ of GDP | -35.3% |
| 2016 | 0.0858 BoP, current US$ per US$ of GDP | -7.9% |
| 2017 | 0.1219 BoP, current US$ per US$ of GDP | +42.2% |
| 2018 | 0.1452 BoP, current US$ per US$ of GDP | +19.0% |
| 2019 | 0.0972 BoP, current US$ per US$ of GDP | -33.0% |
| 2020 | 0.06 BoP, current US$ per US$ of GDP | -38.2% |
| 2021 | 0.0769 BoP, current US$ per US$ of GDP | +28.1% |
| 2022 | 0.0993 BoP, current US$ per US$ of GDP | +29.1% |
| 2023 | 0.1145 BoP, current US$ per US$ of GDP | +15.4% |
| 2024 | 0.21 BoP, current US$ per US$ of GDP | +83.3% |
| 2025 | 0.1977 BoP, current US$ per US$ of GDP | -5.9% |
Nigeria compared with similar countries
- Nigeria's 0.1977 BoP, current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.1877 BoP, current US$ per US$ of GDP, 1.1× the median. (47 countries reporting)
- Nigeria's 0.1977 BoP, current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.2012 BoP, current US$ per US$ of GDP, 98% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Goods exports (BoP, current US$), per unit of GDP in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +1760.2% | 0.0117 BoP, current US$ per US$ of GDP | 0.2177 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3278 BoP, current US$ per US$ of GDP | 0.2858 BoP, current US$ per US$ of GDP | 0.3541 BoP, current US$ per US$ of GDP | 3 |
| 1980s | 0.1597 BoP, current US$ per US$ of GDP | 0.0851 BoP, current US$ per US$ of GDP | 0.4041 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.1282 BoP, current US$ per US$ of GDP | 0.0117 BoP, current US$ per US$ of GDP | 0.2514 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.2404 BoP, current US$ per US$ of GDP | 0.1643 BoP, current US$ per US$ of GDP | 0.3142 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.1537 BoP, current US$ per US$ of GDP | 0.0858 BoP, current US$ per US$ of GDP | 0.239 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.1264 BoP, current US$ per US$ of GDP | 0.06 BoP, current US$ per US$ of GDP | 0.21 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Nigeria
- 99 Greece 0.2053 BoP, current US$ per US$ of GDP compare
- 100 Mali 0.2047 BoP, current US$ per US$ of GDP compare
- 101 Syria 0.1999 BoP, current US$ per US$ of GDP compare
- 103 Bhutan 0.1972 BoP, current US$ per US$ of GDP compare
- 104 Indonesia 0.194 BoP, current US$ per US$ of GDP compare
- 105 China 0.1924 BoP, current US$ per US$ of GDP compare
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$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is goods exports (bop, current us$), per unit of gdp in Nigeria?
- Goods exports (bop, current us$), per unit of gdp in Nigeria was 0.1977 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest goods exports (bop, current us$), per unit of gdp recorded in Nigeria?
- The highest recorded value was 0.4041 BoP, current US$ per US$ of GDP in 1980.
- What is the lowest goods exports (bop, current us$), per unit of gdp recorded in Nigeria?
- The lowest recorded value was 0.0117 BoP, current US$ per US$ of GDP in 1998.
- How does Nigeria rank for goods exports (bop, current us$), per unit of gdp?
- Nigeria ranks 102nd out of 199 countries with data for 2025.
- Is goods exports (bop, current us$), per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is up 112.4%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Goods exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.