Service imports (BoP, current US$) in Nigeria
Nigeria: Service imports (BoP, current US$) was 19.64 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
19.64 billion BoP, current US$
Change on year
up 9.5%
World rank
53rd
of 200 countries
All-time high
38.71 billion BoP, current US$
in 2019
All-time low
804.06 million BoP, current US$
in 1988
Years of data
49
1977–2025
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$, in 1988.
Nigeria ranks 53rd of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$) in Nigeria, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 3.55 billion BoP, current US$ | — |
| 1978 | 2.97 billion BoP, current US$ | -16.5% |
| 1979 | 3.43 billion BoP, current US$ | +15.7% |
| 1980 | 5.29 billion BoP, current US$ | +53.9% |
| 1981 | 5.03 billion BoP, current US$ | -4.9% |
| 1982 | 3.45 billion BoP, current US$ | -31.4% |
| 1983 | 2.38 billion BoP, current US$ | -30.8% |
| 1984 | 1.80 billion BoP, current US$ | -24.5% |
| 1985 | 1.66 billion BoP, current US$ | -8.0% |
| 1986 | 1.11 billion BoP, current US$ | -33.2% |
| 1987 | 871.75 million BoP, current US$ | -21.2% |
| 1988 | 804.06 million BoP, current US$ | -7.8% |
| 1989 | 1.37 billion BoP, current US$ | +70.9% |
| 1990 | 1.98 billion BoP, current US$ | +43.8% |
| 1991 | 2.45 billion BoP, current US$ | +23.9% |
| 1992 | 1.81 billion BoP, current US$ | -26.1% |
| 1993 | 2.73 billion BoP, current US$ | +50.6% |
| 1994 | 3.01 billion BoP, current US$ | +10.3% |
| 1995 | 1.44 billion BoP, current US$ | -52.2% |
| 1996 | 1.51 billion BoP, current US$ | +5.2% |
| 1997 | 1.44 billion BoP, current US$ | -5.0% |
| 1998 | 1.19 billion BoP, current US$ | -17.4% |
| 1999 | 3.48 billion BoP, current US$ | +192.8% |
| 2000 | 3.30 billion BoP, current US$ | -5.1% |
| 2001 | 4.64 billion BoP, current US$ | +40.6% |
| 2002 | 4.92 billion BoP, current US$ | +6.1% |
| 2003 | 5.71 billion BoP, current US$ | +16.1% |
| 2004 | 5.97 billion BoP, current US$ | +4.5% |
| 2005 | 6.62 billion BoP, current US$ | +10.9% |
| 2006 | 13.92 billion BoP, current US$ | +110.2% |
| 2007 | 18.35 billion BoP, current US$ | +31.8% |
| 2008 | 24.37 billion BoP, current US$ | +32.8% |
| 2009 | 18.70 billion BoP, current US$ | -23.3% |
| 2010 | 21.33 billion BoP, current US$ | +14.1% |
| 2011 | 24.57 billion BoP, current US$ | +15.2% |
| 2012 | 23.94 billion BoP, current US$ | -2.6% |
| 2013 | 21.80 billion BoP, current US$ | -8.9% |
| 2014 | 24.91 billion BoP, current US$ | +14.3% |
| 2015 | 19.61 billion BoP, current US$ | -21.3% |
| 2016 | 11.76 billion BoP, current US$ | -40.0% |
| 2017 | 18.26 billion BoP, current US$ | +55.3% |
| 2018 | 30.88 billion BoP, current US$ | +69.1% |
| 2019 | 38.71 billion BoP, current US$ | +25.3% |
| 2020 | 19.83 billion BoP, current US$ | -48.8% |
| 2021 | 16.06 billion BoP, current US$ | -19.0% |
| 2022 | 18.82 billion BoP, current US$ | +17.2% |
| 2023 | 17.68 billion BoP, current US$ | -6.1% |
| 2024 | 17.93 billion BoP, current US$ | +1.4% |
| 2025 | 19.64 billion BoP, current US$ | +9.5% |
Nigeria compared with similar countries
- Nigeria's 19.64 billion BoP, current US$ is above the median for lower middle income countries, which is 2.40 billion BoP, current US$, 8.2× the median. (47 countries reporting)
- Nigeria's 19.64 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 1.47 billion BoP, current US$, 13.3× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.32 billion BoP, current US$ | 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
- 50 South Africa 21.77 billion BoP, current US$ compare
- 51 New Zealand 20.29 billion BoP, current US$ compare
- 52 Colombia 20.01 billion BoP, current US$ compare
- 54 Lithuania 17.48 billion BoP, current US$ compare
- 55 Malta 17.40 billion BoP, current US$ compare
- 56 Morocco 16.69 billion BoP, current US$ compare
More economy & growth data for Nigeria
- Real gdp growth, annual growth rate 22.77 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 3.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0148 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 18.13 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.9704 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 13.24 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.26 % change on previous year (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 53rd out of 200 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.