Primary income payments in Nigeria
Nigeria: Primary income payments was 14.98 billion BoP, current US$ in 2025. ◆ Volatile
Primary income payments in Nigeria, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, primary income payments in Nigeria stood at 14.98 billion BoP, current US$.
Compared with earlier readings it is up 57.2% on the previous year and up 9.8% over ten years.
Over the whole period, primary income payments in Nigeria peaked at 26.40 billion BoP, current US$ in 2013 and was at its lowest, 517.89 million BoP, current US$, in 1978.
Nigeria ranks 52nd of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 705.68 million BoP, current US$ | 517.89 million BoP, current US$ | 887.23 million BoP, current US$ | 3 |
| 1980s | 1.72 billion BoP, current US$ | 799.08 million BoP, current US$ | 2.93 billion BoP, current US$ | 10 |
| 1990s | 2.09 billion BoP, current US$ | 747.59 million BoP, current US$ | 3.34 billion BoP, current US$ | 10 |
| 2000s | 7.19 billion BoP, current US$ | 2.69 billion BoP, current US$ | 17.41 billion BoP, current US$ | 10 |
| 2010s | 17.01 billion BoP, current US$ | 7.51 billion BoP, current US$ | 26.40 billion BoP, current US$ | 10 |
| 2020s | 11.50 billion BoP, current US$ | 6.47 billion BoP, current US$ | 14.98 billion BoP, current US$ | 6 |
Countries ranked near Nigeria
- 49 Egypt 19.45 billion BoP, current US$ compare
- 50 Greece 18.75 billion BoP, current US$ compare
- 51 New Zealand 18.02 billion BoP, current US$ compare
- 53 Macao 14.50 billion BoP, current US$ compare
- 54 Philippines 13.23 billion BoP, current US$ compare
- 55 Mauritius 11.15 billion BoP, current US$ compare
More economy & growth data for Nigeria
- Inflation of consumer prices 23.01 (2025)
- Gdp per capita worldbank constant usd 2,369 (2025)
- Manufacturing value added to gdp 8.26 (2025)
- Gdp worldbank constant usd 562.59 billion (2025)
- Gdp per capita in international and market dollars 2,369 (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 primary income payments in Nigeria?
- Primary income payments in Nigeria was 14.98 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Nigeria?
- The highest recorded value was 26.40 billion BoP, current US$ in 2013.
- What is the lowest primary income payments recorded in Nigeria?
- The lowest recorded value was 517.89 million BoP, current US$ in 1978.
- How does Nigeria rank for primary income payments?
- Nigeria ranks 52nd out of 198 countries with data for 2025.
- Is primary income payments rising or falling in Nigeria?
- Over the last ten years it is up 9.8%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.