Secondary income, other sectors, payments in Nigeria
Nigeria: Secondary income, other sectors, payments was 806.37 million BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
806.37 million BoP, current US$
Change on year
up 111.9%
World rank
73rd
of 197 countries
All-time high
1.80 billion BoP, current US$
in 2015
All-time low
547,300 BoP, current US$
in 1996
Years of data
49
1977–2025
Secondary income, other sectors, payments in Nigeria, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Nigeria recorded 806.37 million BoP, current US$ for secondary income, other sectors, payments in 2025.
That represents a change of up 111.9% on the previous year and down 55.1% over ten years.
Over the whole period, secondary income, other sectors, payments in Nigeria peaked at 1.80 billion BoP, current US$ in 2015 and was at its lowest, 547,300 BoP, current US$, in 1996.
Nigeria ranks 73rd of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Nigeria, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 198.54 million BoP, current US$ | — |
| 1978 | 253.44 million BoP, current US$ | +27.6% |
| 1979 | 355.96 million BoP, current US$ | +40.5% |
| 1980 | 422.47 million BoP, current US$ | +18.7% |
| 1981 | 456.53 million BoP, current US$ | +8.1% |
| 1982 | 400.91 million BoP, current US$ | -12.2% |
| 1983 | 383.76 million BoP, current US$ | -4.3% |
| 1984 | 311.80 million BoP, current US$ | -18.8% |
| 1985 | 268.52 million BoP, current US$ | -13.9% |
| 1986 | 137.93 million BoP, current US$ | -48.6% |
| 1987 | 21.66 million BoP, current US$ | -84.3% |
| 1988 | 37.03 million BoP, current US$ | +70.9% |
| 1989 | 28.79 million BoP, current US$ | -22.3% |
| 1990 | 8.85 million BoP, current US$ | -69.2% |
| 1991 | 53.51 million BoP, current US$ | +504.4% |
| 1992 | 34.80 million BoP, current US$ | -35.0% |
| 1993 | 2.31 million BoP, current US$ | -93.4% |
| 1994 | 3.50 million BoP, current US$ | +51.5% |
| 1995 | 1.46 million BoP, current US$ | -58.2% |
| 1996 | 547,300 BoP, current US$ | -62.6% |
| 1997 | 1.16 million BoP, current US$ | +112.8% |
| 1998 | 1.33 million BoP, current US$ | +14.0% |
| 1999 | 9.40 million BoP, current US$ | +607.8% |
| 2000 | 1.05 million BoP, current US$ | -88.8% |
| 2001 | 593,358 BoP, current US$ | -43.6% |
| 2002 | 903,978 BoP, current US$ | +52.3% |
| 2003 | 11.56 million BoP, current US$ | +1179.0% |
| 2004 | 20.86 million BoP, current US$ | +80.4% |
| 2005 | 70.65 million BoP, current US$ | +238.8% |
| 2006 | 129.43 million BoP, current US$ | +83.2% |
| 2007 | 67.17 million BoP, current US$ | -48.1% |
| 2008 | 412.09 million BoP, current US$ | +513.5% |
| 2009 | 346.23 million BoP, current US$ | -16.0% |
| 2010 | 309.85 million BoP, current US$ | -10.5% |
| 2011 | 355.00 million BoP, current US$ | +14.6% |
| 2012 | 320.25 million BoP, current US$ | -9.8% |
| 2013 | 542.88 million BoP, current US$ | +69.5% |
| 2014 | 819.26 million BoP, current US$ | +50.9% |
| 2015 | 1.80 billion BoP, current US$ | +119.5% |
| 2016 | 1.05 billion BoP, current US$ | -41.8% |
| 2017 | 521.63 million BoP, current US$ | -50.1% |
| 2018 | 391.57 million BoP, current US$ | -24.9% |
| 2019 | 711.09 million BoP, current US$ | +81.6% |
| 2020 | 604.52 million BoP, current US$ | -15.0% |
| 2021 | 437.39 million BoP, current US$ | -27.6% |
| 2022 | 900.80 million BoP, current US$ | +105.9% |
| 2023 | 405.07 million BoP, current US$ | -55.0% |
| 2024 | 380.46 million BoP, current US$ | -6.1% |
| 2025 | 806.37 million BoP, current US$ | +111.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 269.31 million BoP, current US$ | 198.54 million BoP, current US$ | 355.96 million BoP, current US$ | 3 |
| 1980s | 246.94 million BoP, current US$ | 21.66 million BoP, current US$ | 456.53 million BoP, current US$ | 10 |
| 1990s | 11.69 million BoP, current US$ | 547,300 BoP, current US$ | 53.51 million BoP, current US$ | 10 |
| 2000s | 106.05 million BoP, current US$ | 593,358 BoP, current US$ | 412.09 million BoP, current US$ | 10 |
| 2010s | 681.53 million BoP, current US$ | 309.85 million BoP, current US$ | 1.80 billion BoP, current US$ | 10 |
| 2020s | 589.10 million BoP, current US$ | 380.46 million BoP, current US$ | 900.80 million 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 18.25 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,483 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.82 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.88 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,302 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 761.88 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Nigeria?
- Secondary income, other sectors, payments in Nigeria was 806.37 million BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Nigeria?
- The highest recorded value was 1.80 billion BoP, current US$ in 2015.
- What is the lowest secondary income, other sectors, payments recorded in Nigeria?
- The lowest recorded value was 547,300 BoP, current US$ in 1996.
- How does Nigeria rank for secondary income, other sectors, payments?
- Nigeria ranks 73rd out of 197 countries with data for 2025.
- Is secondary income, other sectors, payments rising or falling in Nigeria?
- Over the last ten years it is down 55.1%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.