Imports of goods and services (BoP, current US$) in Nigeria
Nigeria: Imports of goods and services (BoP, current US$) was 62.62 billion BoP, current US$ in 2025. ◆ Volatile
Imports of goods and services in Nigeria, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Nigeria recorded 62.62 billion BoP, current US$ for imports of goods and services in 2025.
The figure is up 8.5% on the previous year and down 13.0% over ten years.
Over the whole period, imports of goods and services in Nigeria peaked at 100.82 billion BoP, current US$ in 2019 and was at its lowest, 3.53 billion BoP, current US$, in 1996.
Nigeria ranks 61st of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (BoP, current US$) in Nigeria, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 13.23 billion BoP, current US$ | — |
| 1978 | 14.57 billion BoP, current US$ | +10.1% |
| 1979 | 15.25 billion BoP, current US$ | +4.7% |
| 1980 | 20.01 billion BoP, current US$ | +31.2% |
| 1981 | 24.01 billion BoP, current US$ | +20.0% |
| 1982 | 18.32 billion BoP, current US$ | -23.7% |
| 1983 | 13.82 billion BoP, current US$ | -24.6% |
| 1984 | 10.65 billion BoP, current US$ | -22.9% |
| 1985 | 9.10 billion BoP, current US$ | -14.6% |
| 1986 | 4.24 billion BoP, current US$ | -53.4% |
| 1987 | 4.95 billion BoP, current US$ | +16.7% |
| 1988 | 5.16 billion BoP, current US$ | +4.1% |
| 1989 | 5.07 billion BoP, current US$ | -1.8% |
| 1990 | 6.91 billion BoP, current US$ | +36.3% |
| 1991 | 10.26 billion BoP, current US$ | +48.5% |
| 1992 | 8.99 billion BoP, current US$ | -12.4% |
| 1993 | 9.39 billion BoP, current US$ | +4.4% |
| 1994 | 9.52 billion BoP, current US$ | +1.4% |
| 1995 | 4.00 billion BoP, current US$ | -58.0% |
| 1996 | 3.53 billion BoP, current US$ | -11.7% |
| 1997 | 4.34 billion BoP, current US$ | +22.8% |
| 1998 | 3.81 billion BoP, current US$ | -12.1% |
| 1999 | 12.06 billion BoP, current US$ | +216.5% |
| 2000 | 12.02 billion BoP, current US$ | -0.4% |
| 2001 | 15.74 billion BoP, current US$ | +30.9% |
| 2002 | 15.80 billion BoP, current US$ | +0.4% |
| 2003 | 21.87 billion BoP, current US$ | +38.4% |
| 2004 | 20.98 billion BoP, current US$ | -4.0% |
| 2005 | 32.63 billion BoP, current US$ | +55.5% |
| 2006 | 35.91 billion BoP, current US$ | +10.1% |
| 2007 | 46.64 billion BoP, current US$ | +29.9% |
| 2008 | 64.20 billion BoP, current US$ | +37.6% |
| 2009 | 49.48 billion BoP, current US$ | -22.9% |
| 2010 | 70.85 billion BoP, current US$ | +43.2% |
| 2011 | 90.79 billion BoP, current US$ | +28.1% |
| 2012 | 80.87 billion BoP, current US$ | -10.9% |
| 2013 | 76.65 billion BoP, current US$ | -5.2% |
| 2014 | 86.45 billion BoP, current US$ | +12.8% |
| 2015 | 71.95 billion BoP, current US$ | -16.8% |
| 2016 | 47.00 billion BoP, current US$ | -34.7% |
| 2017 | 50.93 billion BoP, current US$ | +8.4% |
| 2018 | 71.64 billion BoP, current US$ | +40.6% |
| 2019 | 100.82 billion BoP, current US$ | +40.7% |
| 2020 | 72.18 billion BoP, current US$ | -28.4% |
| 2021 | 67.48 billion BoP, current US$ | -6.5% |
| 2022 | 77.05 billion BoP, current US$ | +14.2% |
| 2023 | 65.42 billion BoP, current US$ | -15.1% |
| 2024 | 57.73 billion BoP, current US$ | -11.8% |
| 2025 | 62.62 billion BoP, current US$ | +8.5% |
Nigeria compared with similar countries
- Nigeria's 62.62 billion BoP, current US$ is above the median for lower middle income countries, which is 11.62 billion BoP, current US$, 5.4× the median. (47 countries reporting)
- Nigeria's 62.62 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 6.19 billion BoP, current US$, 10.1× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Imports of goods and services (BoP, current US$) 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 | +216.5% | 3.81 billion BoP, current US$ | 12.06 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.35 billion BoP, current US$ | 13.23 billion BoP, current US$ | 15.25 billion BoP, current US$ | 3 |
| 1980s | 11.53 billion BoP, current US$ | 4.24 billion BoP, current US$ | 24.01 billion BoP, current US$ | 10 |
| 1990s | 7.28 billion BoP, current US$ | 3.53 billion BoP, current US$ | 12.06 billion BoP, current US$ | 10 |
| 2000s | 31.53 billion BoP, current US$ | 12.02 billion BoP, current US$ | 64.20 billion BoP, current US$ | 10 |
| 2010s | 74.80 billion BoP, current US$ | 47.00 billion BoP, current US$ | 100.82 billion BoP, current US$ | 10 |
| 2020s | 67.08 billion BoP, current US$ | 57.73 billion BoP, current US$ | 77.05 billion BoP, current US$ | 6 |
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)
- SDRs holdings, US dollar, annual growth rate 3.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0148 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 18.13 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.9704 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 13.24 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.26 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0107 units per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods and services in Nigeria?
- Imports of goods and services in Nigeria was 62.62 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Nigeria?
- The highest recorded value was 100.82 billion BoP, current US$ in 2019.
- What is the lowest imports of goods and services recorded in Nigeria?
- The lowest recorded value was 3.53 billion BoP, current US$ in 1996.
- How does Nigeria rank for imports of goods and services?
- Nigeria ranks 61st out of 200 countries with data for 2025.
- Is imports of goods and services rising or falling in Nigeria?
- Over the last ten years it is down 13.0%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.