Service exports (BoP, current US$), per unit of GDP in Nigeria
Nigeria: Service exports (BoP, current US$), per unit of GDP was 0.0174 BoP, current US$ per US$ of GDP in 2025. ◆ Volatile
Service exports (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 0.0174 BoP, current US$ per US$ of GDP for service exports (bop, current us$), per unit of gdp in 2025.
The figure is down 3.9% on the previous year and up 171.2% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Nigeria peaked at 0.0332 BoP, current US$ per US$ of GDP in 2003 and was at its lowest, 0.0012 BoP, current US$ per US$ of GDP, in 1998.
Nigeria ranks 181st of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), per unit of GDP in Nigeria, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.0156 BoP, current US$ per US$ of GDP | — |
| 1978 | 0.024 BoP, current US$ per US$ of GDP | +53.6% |
| 1979 | 0.0217 BoP, current US$ per US$ of GDP | -9.5% |
| 1980 | 0.0175 BoP, current US$ per US$ of GDP | -19.2% |
| 1981 | 0.0056 BoP, current US$ per US$ of GDP | -67.9% |
| 1982 | 0.0036 BoP, current US$ per US$ of GDP | -36.8% |
| 1983 | 0.0041 BoP, current US$ per US$ of GDP | +16.3% |
| 1984 | 0.0059 BoP, current US$ per US$ of GDP | +42.5% |
| 1985 | 0.0043 BoP, current US$ per US$ of GDP | -27.4% |
| 1986 | 0.0046 BoP, current US$ per US$ of GDP | +6.7% |
| 1987 | 0.0043 BoP, current US$ per US$ of GDP | -6.8% |
| 1988 | 0.0073 BoP, current US$ per US$ of GDP | +72.2% |
| 1989 | 0.0125 BoP, current US$ per US$ of GDP | +71.2% |
| 1990 | 0.0179 BoP, current US$ per US$ of GDP | +42.4% |
| 1991 | 0.0149 BoP, current US$ per US$ of GDP | -16.6% |
| 1992 | 0.0202 BoP, current US$ per US$ of GDP | +35.8% |
| 1993 | 0.0205 BoP, current US$ per US$ of GDP | +1.4% |
| 1994 | 0.0046 BoP, current US$ per US$ of GDP | -77.5% |
| 1995 | 0.0013 BoP, current US$ per US$ of GDP | -70.9% |
| 1996 | 0.0012 BoP, current US$ per US$ of GDP | -7.9% |
| 1997 | 0.0012 BoP, current US$ per US$ of GDP | -3.4% |
| 1998 | 0.0012 BoP, current US$ per US$ of GDP | -3.5% |
| 1999 | 0.0166 BoP, current US$ per US$ of GDP | +1336.7% |
| 2000 | 0.0265 BoP, current US$ per US$ of GDP | +60.0% |
| 2001 | 0.0225 BoP, current US$ per US$ of GDP | -15.2% |
| 2002 | 0.0266 BoP, current US$ per US$ of GDP | +18.1% |
| 2003 | 0.0332 BoP, current US$ per US$ of GDP | +24.9% |
| 2004 | 0.0246 BoP, current US$ per US$ of GDP | -25.9% |
| 2005 | 0.0102 BoP, current US$ per US$ of GDP | -58.5% |
| 2006 | 0.0096 BoP, current US$ per US$ of GDP | -5.5% |
| 2007 | 0.0052 BoP, current US$ per US$ of GDP | -46.2% |
| 2008 | 0.0067 BoP, current US$ per US$ of GDP | +28.5% |
| 2009 | 0.0075 BoP, current US$ per US$ of GDP | +12.8% |
| 2010 | 0.0084 BoP, current US$ per US$ of GDP | +11.6% |
| 2011 | 0.0082 BoP, current US$ per US$ of GDP | -2.7% |
| 2012 | 0.0052 BoP, current US$ per US$ of GDP | -36.7% |
| 2013 | 0.0046 BoP, current US$ per US$ of GDP | -10.9% |
| 2014 | 0.0035 BoP, current US$ per US$ of GDP | -24.7% |
| 2015 | 0.0064 BoP, current US$ per US$ of GDP | +84.8% |
| 2016 | 0.0093 BoP, current US$ per US$ of GDP | +44.3% |
| 2017 | 0.0134 BoP, current US$ per US$ of GDP | +44.7% |
| 2018 | 0.0114 BoP, current US$ per US$ of GDP | -14.7% |
| 2019 | 0.0074 BoP, current US$ per US$ of GDP | -35.2% |
| 2020 | 0.0067 BoP, current US$ per US$ of GDP | -9.9% |
| 2021 | 0.0066 BoP, current US$ per US$ of GDP | -1.7% |
| 2022 | 0.0075 BoP, current US$ per US$ of GDP | +14.6% |
| 2023 | 0.0091 BoP, current US$ per US$ of GDP | +21.2% |
| 2024 | 0.0181 BoP, current US$ per US$ of GDP | +98.6% |
| 2025 | 0.0174 BoP, current US$ per US$ of GDP | -3.9% |
Nigeria compared with similar countries
- Nigeria's 0.0174 BoP, current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0631 BoP, current US$ per US$ of GDP, 28% of the median. (47 countries reporting)
- Nigeria's 0.0174 BoP, current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0445 BoP, current US$ per US$ of GDP, 39% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), per unit of GDP in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +1336.7% | 0.0012 BoP, current US$ per US$ of GDP | 0.0166 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0204 BoP, current US$ per US$ of GDP | 0.0156 BoP, current US$ per US$ of GDP | 0.024 BoP, current US$ per US$ of GDP | 3 |
| 1980s | 0.007 BoP, current US$ per US$ of GDP | 0.0036 BoP, current US$ per US$ of GDP | 0.0175 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.01 BoP, current US$ per US$ of GDP | 0.0012 BoP, current US$ per US$ of GDP | 0.0205 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0172 BoP, current US$ per US$ of GDP | 0.0052 BoP, current US$ per US$ of GDP | 0.0332 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0078 BoP, current US$ per US$ of GDP | 0.0035 BoP, current US$ per US$ of GDP | 0.0134 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0109 BoP, current US$ per US$ of GDP | 0.0066 BoP, current US$ per US$ of GDP | 0.0181 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Nigeria
- 178 Bolivia 0.0187 BoP, current US$ per US$ of GDP compare
- 179 Bangladesh 0.0185 BoP, current US$ per US$ of GDP compare
- 180 Russia 0.0181 BoP, current US$ per US$ of GDP compare
- 182 Congo 0.0162 BoP, current US$ per US$ of GDP compare
- 183 Algeria 0.0157 BoP, current US$ per US$ of GDP compare
- 184 Yemen 0.0149 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$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is service exports (bop, current us$), per unit of gdp in Nigeria?
- Service exports (bop, current us$), per unit of gdp in Nigeria was 0.0174 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Nigeria?
- The highest recorded value was 0.0332 BoP, current US$ per US$ of GDP in 2003.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Nigeria?
- The lowest recorded value was 0.0012 BoP, current US$ per US$ of GDP in 1998.
- How does Nigeria rank for service exports (bop, current us$), per unit of gdp?
- Nigeria ranks 181st out of 199 countries with data for 2025.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is up 171.2%. 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 Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.