Primary income payments (BoP, current US$), per unit of GDP in Nigeria
Nigeria: Primary income payments (BoP, current US$), per unit of GDP was 0.0515 BoP, current US$ per US$ of GDP in 2025. ◆ Volatile
Primary income payments (BoP, current US$), per unit of GDP in Nigeria, 1977–2025
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Nigeria recorded 0.0515 BoP, current US$ per US$ of GDP for primary income payments (bop, current us$), per unit of gdp in 2025.
The figure is up 36.3% on the previous year and up 86.2% over ten years.
Over the whole period, primary income payments (bop, current us$), per unit of gdp in Nigeria peaked at 0.0588 BoP, current US$ per US$ of GDP in 1993 and was at its lowest, 0.0034 BoP, current US$ per US$ of GDP, in 1998.
Nigeria ranks 101st of 199 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.
Primary income payments (BoP, current US$), per unit of GDP in Nigeria, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.0246 BoP, current US$ per US$ of GDP | — |
| 1978 | 0.0142 BoP, current US$ per US$ of GDP | -42.4% |
| 1979 | 0.0151 BoP, current US$ per US$ of GDP | +6.2% |
| 1980 | 0.031 BoP, current US$ per US$ of GDP | +105.9% |
| 1981 | 0.0084 BoP, current US$ per US$ of GDP | -73.1% |
| 1982 | 0.0099 BoP, current US$ per US$ of GDP | +18.6% |
| 1983 | 0.0101 BoP, current US$ per US$ of GDP | +2.1% |
| 1984 | 0.0168 BoP, current US$ per US$ of GDP | +66.4% |
| 1985 | 0.0209 BoP, current US$ per US$ of GDP | +24.3% |
| 1986 | 0.0146 BoP, current US$ per US$ of GDP | -30.4% |
| 1987 | 0.0555 BoP, current US$ per US$ of GDP | +280.9% |
| 1988 | 0.0484 BoP, current US$ per US$ of GDP | -12.8% |
| 1989 | 0.0578 BoP, current US$ per US$ of GDP | +19.4% |
| 1990 | 0.0546 BoP, current US$ per US$ of GDP | -5.6% |
| 1991 | 0.0442 BoP, current US$ per US$ of GDP | -19.0% |
| 1992 | 0.0479 BoP, current US$ per US$ of GDP | +8.4% |
| 1993 | 0.0588 BoP, current US$ per US$ of GDP | +22.7% |
| 1994 | 0.0371 BoP, current US$ per US$ of GDP | -36.8% |
| 1995 | 0.0066 BoP, current US$ per US$ of GDP | -82.3% |
| 1996 | 0.0053 BoP, current US$ per US$ of GDP | -19.5% |
| 1997 | 0.0052 BoP, current US$ per US$ of GDP | -2.3% |
| 1998 | 0.0034 BoP, current US$ per US$ of GDP | -33.8% |
| 1999 | 0.0476 BoP, current US$ per US$ of GDP | +1291.8% |
| 2000 | 0.0487 BoP, current US$ per US$ of GDP | +2.1% |
| 2001 | 0.0407 BoP, current US$ per US$ of GDP | -16.3% |
| 2002 | 0.03 BoP, current US$ per US$ of GDP | -26.3% |
| 2003 | 0.0317 BoP, current US$ per US$ of GDP | +5.7% |
| 2004 | 0.0198 BoP, current US$ per US$ of GDP | -37.6% |
| 2005 | 0.0179 BoP, current US$ per US$ of GDP | -9.6% |
| 2006 | 0.0272 BoP, current US$ per US$ of GDP | +51.7% |
| 2007 | 0.0514 BoP, current US$ per US$ of GDP | +89.4% |
| 2008 | 0.0513 BoP, current US$ per US$ of GDP | -0.3% |
| 2009 | 0.052 BoP, current US$ per US$ of GDP | +1.4% |
| 2010 | 0.0557 BoP, current US$ per US$ of GDP | +7.1% |
| 2011 | 0.0571 BoP, current US$ per US$ of GDP | +2.6% |
| 2012 | 0.0497 BoP, current US$ per US$ of GDP | -13.1% |
| 2013 | 0.0508 BoP, current US$ per US$ of GDP | +2.2% |
| 2014 | 0.0362 BoP, current US$ per US$ of GDP | -28.7% |
| 2015 | 0.0277 BoP, current US$ per US$ of GDP | -23.6% |
| 2016 | 0.0186 BoP, current US$ per US$ of GDP | -32.9% |
| 2017 | 0.0262 BoP, current US$ per US$ of GDP | +41.1% |
| 2018 | 0.0315 BoP, current US$ per US$ of GDP | +20.5% |
| 2019 | 0.0172 BoP, current US$ per US$ of GDP | -45.5% |
| 2020 | 0.0108 BoP, current US$ per US$ of GDP | -37.1% |
| 2021 | 0.0172 BoP, current US$ per US$ of GDP | +59.2% |
| 2022 | 0.0225 BoP, current US$ per US$ of GDP | +30.6% |
| 2023 | 0.0266 BoP, current US$ per US$ of GDP | +18.5% |
| 2024 | 0.0378 BoP, current US$ per US$ of GDP | +41.8% |
| 2025 | 0.0515 BoP, current US$ per US$ of GDP | +36.3% |
Nigeria compared with similar countries
- Nigeria's 0.0515 BoP, current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0412 BoP, current US$ per US$ of GDP, 1.3× the median. (47 countries reporting)
- Nigeria's 0.0515 BoP, current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0311 BoP, current US$ per US$ of GDP, 1.7× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Primary income payments (BoP, current US$), per unit of GDP in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +1291.8% | 0.0034 BoP, current US$ per US$ of GDP | 0.0476 BoP, current US$ per US$ of GDP |
| 1987 | +280.9% | 0.0146 BoP, current US$ per US$ of GDP | 0.0555 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.018 BoP, current US$ per US$ of GDP | 0.0142 BoP, current US$ per US$ of GDP | 0.0246 BoP, current US$ per US$ of GDP | 3 |
| 1980s | 0.0274 BoP, current US$ per US$ of GDP | 0.0084 BoP, current US$ per US$ of GDP | 0.0578 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0311 BoP, current US$ per US$ of GDP | 0.0034 BoP, current US$ per US$ of GDP | 0.0588 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0371 BoP, current US$ per US$ of GDP | 0.0179 BoP, current US$ per US$ of GDP | 0.052 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0371 BoP, current US$ per US$ of GDP | 0.0172 BoP, current US$ per US$ of GDP | 0.0571 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0277 BoP, current US$ per US$ of GDP | 0.0108 BoP, current US$ per US$ of GDP | 0.0515 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Nigeria
- 98 Moldova 0.0524 BoP, current US$ per US$ of GDP compare
- 99 Myanmar 0.0519 BoP, current US$ per US$ of GDP compare
- 100 Slovenia 0.0516 BoP, current US$ per US$ of GDP compare
- 102 Ghana 0.0515 BoP, current US$ per US$ of GDP compare
- 103 Paraguay 0.0509 BoP, current US$ per US$ of GDP compare
- 104 Romania 0.0508 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$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is primary income payments (bop, current us$), per unit of gdp in Nigeria?
- Primary income payments (bop, current us$), per unit of gdp in Nigeria was 0.0515 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest primary income payments (bop, current us$), per unit of gdp recorded in Nigeria?
- The highest recorded value was 0.0588 BoP, current US$ per US$ of GDP in 1993.
- What is the lowest primary income payments (bop, current us$), per unit of gdp recorded in Nigeria?
- The lowest recorded value was 0.0034 BoP, current US$ per US$ of GDP in 1998.
- How does Nigeria rank for primary income payments (bop, current us$), per unit of gdp?
- Nigeria ranks 101st out of 199 countries with data for 2025.
- Is primary income payments (bop, current us$), per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is up 86.2%. 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 Primary income payments (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Primary income payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Primary income payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.