Share of service in total exports in Nigeria

Nigeria: Share of service in total exports was 57.49 billion BoP, current US$ in 2025. ◆ Volatile

Latest (2025)
57.49 billion BoP, current US$
Change on year
up 8.5%
World rank
50th
of 198 countries
All-time high
99.05 billion BoP, current US$
in 2011
All-time low
2.56 billion BoP, current US$
in 1998
Years of data
49
1977–2025

Share of service in total exports in Nigeria, 1977–2025

020.0B40.0B60.0B80.0B100.0B197720012025

Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.

Analysis

Nigeria recorded 57.49 billion BoP, current US$ for share of service in total exports in 2025.

Compared with earlier readings it is up 8.5% on the previous year and up 25.3% over ten years.

Over the whole period, share of service in total exports in Nigeria peaked at 99.05 billion BoP, current US$ in 2011 and was at its lowest, 2.56 billion BoP, current US$, in 1998.

That places Nigeria 50th out of 198 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Share of service in total exports in Nigeria, year by year

Annual values for Share of service in total exports in Nigeria, 1977 to 2025.
Year BoP, current US$ Change
1977 12.37 billion BoP, current US$
1978 10.44 billion BoP, current US$ -15.6%
1979 16.73 billion BoP, current US$ +60.3%
1980 25.94 billion BoP, current US$ +55.0%
1981 17.84 billion BoP, current US$ -31.2%
1982 12.15 billion BoP, current US$ -31.9%
1983 10.36 billion BoP, current US$ -14.8%
1984 11.86 billion BoP, current US$ +14.5%
1985 13.11 billion BoP, current US$ +10.6%
1986 5.08 billion BoP, current US$ -61.2%
1987 7.56 billion BoP, current US$ +48.7%
1988 6.88 billion BoP, current US$ -9.1%
1989 7.87 billion BoP, current US$ +14.5%
1990 13.59 billion BoP, current US$ +72.6%
1991 12.25 billion BoP, current US$ -9.8%
1992 11.79 billion BoP, current US$ -3.8%
1993 9.91 billion BoP, current US$ -16.0%
1994 9.46 billion BoP, current US$ -4.6%
1995 3.65 billion BoP, current US$ -61.4%
1996 5.05 billion BoP, current US$ +38.3%
1997 4.64 billion BoP, current US$ -8.1%
1998 2.56 billion BoP, current US$ -44.9%
1999 12.88 billion BoP, current US$ +403.7%
2000 19.13 billion BoP, current US$ +48.6%
2001 17.99 billion BoP, current US$ -6.0%
2002 15.61 billion BoP, current US$ -13.2%
2003 23.98 billion BoP, current US$ +53.6%
2004 34.77 billion BoP, current US$ +45.0%
2005 55.20 billion BoP, current US$ +58.8%
2006 56.93 billion BoP, current US$ +3.1%
2007 66.05 billion BoP, current US$ +16.0%
2008 85.75 billion BoP, current US$ +29.8%
2009 56.17 billion BoP, current US$ -34.5%
2010 79.62 billion BoP, current US$ +41.7%
2011 99.05 billion BoP, current US$ +24.4%
2012 96.12 billion BoP, current US$ -3.0%
2013 97.02 billion BoP, current US$ +0.9%
2014 82.60 billion BoP, current US$ -14.9%
2015 45.89 billion BoP, current US$ -44.4%
2016 34.70 billion BoP, current US$ -24.4%
2017 45.82 billion BoP, current US$ +32.0%
2018 61.22 billion BoP, current US$ +33.6%
2019 64.98 billion BoP, current US$ +6.1%
2020 35.94 billion BoP, current US$ -44.7%
2021 46.86 billion BoP, current US$ +30.4%
2022 64.23 billion BoP, current US$ +37.1%
2023 55.82 billion BoP, current US$ -13.1%
2024 52.97 billion BoP, current US$ -5.1%
2025 57.49 billion BoP, current US$ +8.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 13.18 billion BoP, current US$ 10.44 billion BoP, current US$ 16.73 billion BoP, current US$ 3
1980s 11.87 billion BoP, current US$ 5.08 billion BoP, current US$ 25.94 billion BoP, current US$ 10
1990s 8.58 billion BoP, current US$ 2.56 billion BoP, current US$ 13.59 billion BoP, current US$ 10
2000s 43.16 billion BoP, current US$ 15.61 billion BoP, current US$ 85.75 billion BoP, current US$ 10
2010s 70.70 billion BoP, current US$ 34.70 billion BoP, current US$ 99.05 billion BoP, current US$ 10
2020s 52.22 billion BoP, current US$ 35.94 billion BoP, current US$ 64.23 billion BoP, current US$ 6

Countries ranked near Nigeria

  1. 47 Kuwait 70.69 billion BoP, current US$ compare
  2. 48 Oman 65.15 billion BoP, current US$ compare
  3. 49 Philippines 63.41 billion BoP, current US$ compare
  4. 51 Greece 52.61 billion BoP, current US$ compare
  5. 52 Colombia 51.50 billion BoP, current US$ compare
  6. 53 Algeria 48.83 billion BoP, current US$ compare

See the full ranking of 198 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is share of service in total exports in Nigeria?
Share of service in total exports in Nigeria was 57.49 billion BoP, current US$ in 2025, according to International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data.
What is the highest share of service in total exports recorded in Nigeria?
The highest recorded value was 99.05 billion BoP, current US$ in 2011.
What is the lowest share of service in total exports recorded in Nigeria?
The lowest recorded value was 2.56 billion BoP, current US$ in 1998.
How does Nigeria rank for share of service in total exports?
Nigeria ranks 50th out of 198 countries with data for 2025.
Is share of service in total exports rising or falling in Nigeria?
Over the last ten years it is up 25.3%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data, published as part of Share of service in total exports. Statizoid updates them automatically from the source API.

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Share of service in total exports in Nigeria. Statizoid, drawing on International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Retrieved 02 September 2026, from https://economy.statizoid.com/stat/share-of-service-in-total-exports/nigeria/

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About this data

Indicator
Share of service in total exports
Unit
BoP, current US$
Source
International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
198 places, 7,759 data points, 1960–2025
Last refreshed

Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.