Net secondary income in Nigeria
Nigeria: Net secondary income was 23.20 billion BoP, current US$ in 2025. ◆ Volatile
Net secondary income in Nigeria, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, net secondary income in Nigeria stood at 23.20 billion BoP, current US$.
The figure is down 6.7% on the previous year and up 15.0% over ten years.
Over the whole period, net secondary income in Nigeria peaked at 26.37 billion BoP, current US$ in 2019 and was at its lowest, -576.10 million BoP, current US$, in 1980.
That places Nigeria 7th out of 198 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -279.87 million BoP, current US$ | -387.41 million BoP, current US$ | -183.03 million BoP, current US$ | 3 |
| 1980s | -259.93 million BoP, current US$ | -576.10 million BoP, current US$ | 126.55 million BoP, current US$ | 10 |
| 1990s | 575.99 million BoP, current US$ | 84.73 million BoP, current US$ | 1.29 billion BoP, current US$ | 10 |
| 2000s | 9.90 billion BoP, current US$ | 1.05 billion BoP, current US$ | 20.39 billion BoP, current US$ | 10 |
| 2010s | 22.06 billion BoP, current US$ | 19.89 billion BoP, current US$ | 26.37 billion BoP, current US$ | 10 |
| 2020s | 22.50 billion BoP, current US$ | 21.02 billion BoP, current US$ | 24.88 billion BoP, current US$ | 6 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Inflation of consumer prices 23.0% (2025)
- GDP per capita 2,369 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.3% (2025)
- Gross domestic product (GDP) 562.59 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,369 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,518 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 35.23 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 23.20 billion current US$ (2025)
- Taxes less subsidies on products 10.36 trillion current LCU (2025)
- Taxes less subsidies on products 6.82 billion current US$ (2025)
Frequently asked questions
- What is net secondary income in Nigeria?
- Net secondary income in Nigeria was 23.20 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Nigeria?
- The highest recorded value was 26.37 billion BoP, current US$ in 2019.
- What is the lowest net secondary income recorded in Nigeria?
- The lowest recorded value was -576.10 million BoP, current US$ in 1980.
- How does Nigeria rank for net secondary income?
- Nigeria ranks 7th out of 198 countries with data for 2025.
- Is net secondary income rising or falling in Nigeria?
- Over the last ten years it is up 15.0%. 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 Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.