Service imports in Nigeria
Nigeria: Service imports was 19.64 billion BoP, current US$ in 2025. ◆ Volatile
Service imports in Nigeria, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Nigeria recorded 19.64 billion BoP, current US$ for service imports in 2025.
Compared with earlier readings it is up 9.5% on the previous year and up 0.1% over ten years.
Over the whole period, service imports in Nigeria peaked at 38.71 billion BoP, current US$ in 2019 and was at its lowest, 804.06 million BoP, current US$, in 1988.
Nigeria ranks 52nd of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.32 billion BoP, current US$ | 2.97 billion BoP, current US$ | 3.55 billion BoP, current US$ | 3 |
| 1980s | 2.38 billion BoP, current US$ | 804.06 million BoP, current US$ | 5.29 billion BoP, current US$ | 10 |
| 1990s | 2.10 billion BoP, current US$ | 1.19 billion BoP, current US$ | 3.48 billion BoP, current US$ | 10 |
| 2000s | 10.65 billion BoP, current US$ | 3.30 billion BoP, current US$ | 24.37 billion BoP, current US$ | 10 |
| 2010s | 23.58 billion BoP, current US$ | 11.76 billion BoP, current US$ | 38.71 billion BoP, current US$ | 10 |
| 2020s | 18.32 billion BoP, current US$ | 16.06 billion BoP, current US$ | 19.83 billion BoP, current US$ | 6 |
Countries ranked near Nigeria
- 49 Chile 21.95 billion BoP, current US$ compare
- 50 South Africa 21.77 billion BoP, current US$ compare
- 51 New Zealand 20.28 billion BoP, current US$ compare
- 53 Colombia 19.63 billion BoP, current US$ compare
- 54 Lithuania 17.48 billion BoP, current US$ compare
- 55 Malta 17.40 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 imports in Nigeria?
- Service imports in Nigeria was 19.64 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 imports recorded in Nigeria?
- The highest recorded value was 38.71 billion BoP, current US$ in 2019.
- What is the lowest service imports recorded in Nigeria?
- The lowest recorded value was 804.06 million BoP, current US$ in 1988.
- How does Nigeria rank for service imports?
- Nigeria ranks 52nd out of 198 countries with data for 2025.
- Is service imports rising or falling in Nigeria?
- Over the last ten years it is up 0.1%. 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 Service imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of services are services provided by non-residents to 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.