Imports of goods and services (BoP, current US$), per unit of GDP in Nigeria
Nigeria: Imports of goods and services (BoP, current US$), per unit of GDP was 0.2153 BoP, current US$ per US$ of GDP in 2025. ▼ Falling
Imports of goods and services (BoP, current US$), per unit of GDP in Nigeria, 1977–2025
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for imports of goods and services (bop, current us$), per unit of gdp in Nigeria is 0.2153 BoP, current US$ per US$ of GDP, measured in 2025.
That represents a change of down 5.9% on the previous year and up 47.6% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Nigeria peaked at 0.399 BoP, current US$ per US$ of GDP in 1978 and was at its lowest, 0.0175 BoP, current US$ per US$ of GDP, in 1998.
Nigeria ranks 181st of 199 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 49 years of available data.
Imports of goods and services (BoP, current US$), per unit of GDP in Nigeria, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.3672 BoP, current US$ per US$ of GDP | — |
| 1978 | 0.399 BoP, current US$ per US$ of GDP | +8.7% |
| 1979 | 0.3227 BoP, current US$ per US$ of GDP | -19.1% |
| 1980 | 0.3117 BoP, current US$ per US$ of GDP | -3.4% |
| 1981 | 0.146 BoP, current US$ per US$ of GDP | -53.2% |
| 1982 | 0.1283 BoP, current US$ per US$ of GDP | -12.1% |
| 1983 | 0.1423 BoP, current US$ per US$ of GDP | +10.9% |
| 1984 | 0.145 BoP, current US$ per US$ of GDP | +1.9% |
| 1985 | 0.1234 BoP, current US$ per US$ of GDP | -14.9% |
| 1986 | 0.0774 BoP, current US$ per US$ of GDP | -37.3% |
| 1987 | 0.094 BoP, current US$ per US$ of GDP | +21.4% |
| 1988 | 0.1039 BoP, current US$ per US$ of GDP | +10.5% |
| 1989 | 0.1152 BoP, current US$ per US$ of GDP | +10.8% |
| 1990 | 0.1279 BoP, current US$ per US$ of GDP | +11.0% |
| 1991 | 0.1724 BoP, current US$ per US$ of GDP | +34.8% |
| 1992 | 0.1727 BoP, current US$ per US$ of GDP | +0.2% |
| 1993 | 0.1655 BoP, current US$ per US$ of GDP | -4.2% |
| 1994 | 0.1184 BoP, current US$ per US$ of GDP | -28.5% |
| 1995 | 0.0284 BoP, current US$ per US$ of GDP | -76.0% |
| 1996 | 0.019 BoP, current US$ per US$ of GDP | -33.0% |
| 1997 | 0.0216 BoP, current US$ per US$ of GDP | +13.6% |
| 1998 | 0.0175 BoP, current US$ per US$ of GDP | -19.2% |
| 1999 | 0.204 BoP, current US$ per US$ of GDP | +1068.8% |
| 2000 | 0.1737 BoP, current US$ per US$ of GDP | -14.8% |
| 2001 | 0.2139 BoP, current US$ per US$ of GDP | +23.1% |
| 2002 | 0.1662 BoP, current US$ per US$ of GDP | -22.3% |
| 2003 | 0.2088 BoP, current US$ per US$ of GDP | +25.6% |
| 2004 | 0.1545 BoP, current US$ per US$ of GDP | -26.0% |
| 2005 | 0.1857 BoP, current US$ per US$ of GDP | +20.2% |
| 2006 | 0.1506 BoP, current US$ per US$ of GDP | -18.9% |
| 2007 | 0.1676 BoP, current US$ per US$ of GDP | +11.3% |
| 2008 | 0.1891 BoP, current US$ per US$ of GDP | +12.8% |
| 2009 | 0.1677 BoP, current US$ per US$ of GDP | -11.3% |
| 2010 | 0.1931 BoP, current US$ per US$ of GDP | +15.1% |
| 2011 | 0.2191 BoP, current US$ per US$ of GDP | +13.5% |
| 2012 | 0.1743 BoP, current US$ per US$ of GDP | -20.4% |
| 2013 | 0.1474 BoP, current US$ per US$ of GDP | -15.5% |
| 2014 | 0.1506 BoP, current US$ per US$ of GDP | +2.2% |
| 2015 | 0.1459 BoP, current US$ per US$ of GDP | -3.1% |
| 2016 | 0.1161 BoP, current US$ per US$ of GDP | -20.4% |
| 2017 | 0.1356 BoP, current US$ per US$ of GDP | +16.7% |
| 2018 | 0.1699 BoP, current US$ per US$ of GDP | +25.3% |
| 2019 | 0.1509 BoP, current US$ per US$ of GDP | -11.2% |
| 2020 | 0.1206 BoP, current US$ per US$ of GDP | -20.1% |
| 2021 | 0.1108 BoP, current US$ per US$ of GDP | -8.1% |
| 2022 | 0.1191 BoP, current US$ per US$ of GDP | +7.5% |
| 2023 | 0.1342 BoP, current US$ per US$ of GDP | +12.7% |
| 2024 | 0.2289 BoP, current US$ per US$ of GDP | +70.5% |
| 2025 | 0.2153 BoP, current US$ per US$ of GDP | -5.9% |
Nigeria compared with similar countries
- Nigeria's 0.2153 BoP, current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.3549 BoP, current US$ per US$ of GDP, 61% of the median. (47 countries reporting)
- Nigeria's 0.2153 BoP, current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.345 BoP, current US$ per US$ of GDP, 62% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Imports of goods and services (BoP, current US$), per unit of GDP in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +1068.8% | 0.0175 BoP, current US$ per US$ of GDP | 0.204 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.363 BoP, current US$ per US$ of GDP | 0.3227 BoP, current US$ per US$ of GDP | 0.399 BoP, current US$ per US$ of GDP | 3 |
| 1980s | 0.1387 BoP, current US$ per US$ of GDP | 0.0774 BoP, current US$ per US$ of GDP | 0.3117 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.1047 BoP, current US$ per US$ of GDP | 0.0175 BoP, current US$ per US$ of GDP | 0.204 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.1778 BoP, current US$ per US$ of GDP | 0.1506 BoP, current US$ per US$ of GDP | 0.2139 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.1603 BoP, current US$ per US$ of GDP | 0.1161 BoP, current US$ per US$ of GDP | 0.2191 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.1548 BoP, current US$ per US$ of GDP | 0.1108 BoP, current US$ per US$ of GDP | 0.2289 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Nigeria
- 178 Sudan 0.224 BoP, current US$ per US$ of GDP compare
- 179 Sri Lanka 0.224 BoP, current US$ per US$ of GDP compare
- 180 Peru 0.2223 BoP, current US$ per US$ of GDP compare
- 182 Tanzania 0.2144 BoP, current US$ per US$ of GDP compare
- 183 Indonesia 0.2031 BoP, current US$ per US$ of GDP compare
- 184 Algeria 0.2022 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$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services (bop, current us$), per unit of gdp in Nigeria?
- Imports of goods and services (bop, current us$), per unit of gdp in Nigeria was 0.2153 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Nigeria?
- The highest recorded value was 0.399 BoP, current US$ per US$ of GDP in 1978.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Nigeria?
- The lowest recorded value was 0.0175 BoP, current US$ per US$ of GDP in 1998.
- How does Nigeria rank for imports of goods and services (bop, current us$), per unit of gdp?
- Nigeria ranks 181st out of 199 countries with data for 2025.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is up 47.6%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.