Service imports (BoP, current US$), annual growth rate in Nigeria
Nigeria: Service imports (BoP, current US$), annual growth rate was 9.54 % change on previous year in 2025. ◆ Volatile
Latest (2025)
9.54 % change on previous year
Change on year
up 577.6%
World rank
74th
of 199 countries
All-time high
192.82 % change on previous year
in 1999
All-time low
-52.19 % change on previous year
in 1995
Years of data
48
1978–2025
Service imports (BoP, current US$), annual growth rate in Nigeria, 1978–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for service imports (bop, current us$), annual growth rate in Nigeria is 9.54 % change on previous year, measured in 2025.
The figure is up 577.6% on the previous year and up 144.8% over ten years.
Over the whole period, service imports (bop, current us$), annual growth rate in Nigeria peaked at 192.82 % change on previous year in 1999 and was at its lowest, -52.19 % change on previous year, in 1995.
Nigeria ranks 74th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$), annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | -16.46 % change on previous year | — |
| 1979 | 15.72 % change on previous year | -195.5% |
| 1980 | 53.93 % change on previous year | +243.0% |
| 1981 | -4.93 % change on previous year | -109.1% |
| 1982 | -31.42 % change on previous year | +537.5% |
| 1983 | -30.83 % change on previous year | -1.9% |
| 1984 | -24.54 % change on previous year | -20.4% |
| 1985 | -7.96 % change on previous year | -67.6% |
| 1986 | -33.19 % change on previous year | +317.2% |
| 1987 | -21.2 % change on previous year | -36.1% |
| 1988 | -7.77 % change on previous year | -63.4% |
| 1989 | 70.95 % change on previous year | -1013.6% |
| 1990 | 43.78 % change on previous year | -38.3% |
| 1991 | 23.88 % change on previous year | -45.5% |
| 1992 | -26.08 % change on previous year | -209.2% |
| 1993 | 50.61 % change on previous year | -294.1% |
| 1994 | 10.3 % change on previous year | -79.6% |
| 1995 | -52.19 % change on previous year | -606.7% |
| 1996 | 5.22 % change on previous year | -110.0% |
| 1997 | -4.97 % change on previous year | -195.2% |
| 1998 | -17.41 % change on previous year | +250.3% |
| 1999 | 192.82 % change on previous year | -1207.6% |
| 2000 | -5.05 % change on previous year | -102.6% |
| 2001 | 40.58 % change on previous year | -903.3% |
| 2002 | 6.08 % change on previous year | -85.0% |
| 2003 | 16.11 % change on previous year | +165.1% |
| 2004 | 4.53 % change on previous year | -71.9% |
| 2005 | 10.89 % change on previous year | +140.6% |
| 2006 | 110.22 % change on previous year | +912.5% |
| 2007 | 31.78 % change on previous year | -71.2% |
| 2008 | 32.81 % change on previous year | +3.3% |
| 2009 | -23.27 % change on previous year | -170.9% |
| 2010 | 14.08 % change on previous year | -160.5% |
| 2011 | 15.18 % change on previous year | +7.8% |
| 2012 | -2.56 % change on previous year | -116.9% |
| 2013 | -8.93 % change on previous year | +248.4% |
| 2014 | 14.26 % change on previous year | -259.6% |
| 2015 | -21.27 % change on previous year | -249.2% |
| 2016 | -40.05 % change on previous year | +88.3% |
| 2017 | 55.34 % change on previous year | -238.2% |
| 2018 | 69.09 % change on previous year | +24.9% |
| 2019 | 25.34 % change on previous year | -63.3% |
| 2020 | -48.77 % change on previous year | -292.4% |
| 2021 | -19.04 % change on previous year | -61.0% |
| 2022 | 17.21 % change on previous year | -190.4% |
| 2023 | -6.07 % change on previous year | -135.3% |
| 2024 | 1.41 % change on previous year | -123.2% |
| 2025 | 9.54 % change on previous year | +577.6% |
Nigeria compared with similar countries
- Nigeria's 9.54 % change on previous year is above the median for lower middle income countries, which is 6.03 % change on previous year, 1.6× the median. (47 countries reporting)
- Nigeria's 9.54 % change on previous year is above the median for Sub-Saharan Africa, which is 4.99 % change on previous year, 1.9× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -0.371 % change on previous year | -16.46 % change on previous year | 15.72 % change on previous year | 2 |
| 1980s | -3.69 % change on previous year | -33.19 % change on previous year | 70.95 % change on previous year | 10 |
| 1990s | 22.6 % change on previous year | -52.19 % change on previous year | 192.82 % change on previous year | 10 |
| 2000s | 22.47 % change on previous year | -23.27 % change on previous year | 110.22 % change on previous year | 10 |
| 2010s | 12.05 % change on previous year | -40.05 % change on previous year | 69.09 % change on previous year | 10 |
| 2020s | -7.62 % change on previous year | -48.77 % change on previous year | 17.21 % change on previous year | 6 |
Countries ranked near Nigeria
- 71 East Timor 9.8 % change on previous year compare
- 72 Mauritania 9.66 % change on previous year compare
- 73 Antigua and Barbuda 9.64 % change on previous year compare
- 75 Indonesia 9.4 % change on previous year compare
- 76 Denmark 9.24 % change on previous year compare
- 77 Cayman Islands 9.2 % change on previous year 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$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is service imports (bop, current us$), annual growth rate in Nigeria?
- Service imports (bop, current us$), annual growth rate in Nigeria was 9.54 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), annual growth rate recorded in Nigeria?
- The highest recorded value was 192.82 % change on previous year in 1999.
- What is the lowest service imports (bop, current us$), annual growth rate recorded in Nigeria?
- The lowest recorded value was -52.19 % change on previous year in 1995.
- How does Nigeria rank for service imports (bop, current us$), annual growth rate?
- Nigeria ranks 74th out of 199 countries with data for 2025.
- Is service imports (bop, current us$), annual growth rate rising or falling in Nigeria?
- Over the last ten years it is up 144.8%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Service imports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.