Service exports in Nigeria
Nigeria: Service exports was 5.06 billion BoP, current US$ in 2025. ◆ Volatile
Service exports in Nigeria, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, service exports in Nigeria stood at 5.06 billion BoP, current US$. That is the highest value across all 49 years on record.
The figure is up 10.7% on the previous year and up 60.0% over ten years.
Over the whole period, service exports in Nigeria peaked at 5.06 billion BoP, current US$ in 2025 and was at its lowest, 189.06 million BoP, current US$, in 1995.
Nigeria ranks 95th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 822.11 million BoP, current US$ | 563.05 million BoP, current US$ | 1.03 billion BoP, current US$ | 3 |
| 1980s | 510.06 million BoP, current US$ | 224.10 million BoP, current US$ | 1.13 billion BoP, current US$ | 10 |
| 1990s | 632.74 million BoP, current US$ | 189.06 million BoP, current US$ | 1.16 billion BoP, current US$ | 10 |
| 2000s | 2.28 billion BoP, current US$ | 1.44 billion BoP, current US$ | 3.47 billion BoP, current US$ | 10 |
| 2010s | 3.50 billion BoP, current US$ | 1.99 billion BoP, current US$ | 5.03 billion BoP, current US$ | 10 |
| 2020s | 4.49 billion BoP, current US$ | 3.99 billion BoP, current US$ | 5.06 billion BoP, current US$ | 6 |
Countries ranked near Nigeria
- 92 Oman 5.64 billion BoP, current US$ compare
- 93 Cambodia 5.35 billion BoP, current US$ compare
- 94 Jamaica 5.26 billion BoP, current US$ compare
- 96 Maldives 5.03 billion BoP, current US$ compare
- 97 Cayman Islands 4.77 billion BoP, current US$ compare
- 98 Guatemala 4.65 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 service exports in Nigeria?
- Service exports in Nigeria was 5.06 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Nigeria?
- The highest recorded value was 5.06 billion BoP, current US$ in 2025.
- What is the lowest service exports recorded in Nigeria?
- The lowest recorded value was 189.06 million BoP, current US$ in 1995.
- How does Nigeria rank for service exports?
- Nigeria ranks 95th out of 198 countries with data for 2025.
- Is service exports rising or falling in Nigeria?
- Over the last ten years it is up 60.0%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of services are services provided by residents to non-residents. 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.