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
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$, in 1998.
That places Nigeria 50th out of 198 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Share of service in total exports in Nigeria, year by year
| Year | BoP, current US$ | 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% |
Nigeria compared with similar countries
- Nigeria's 57.49 billion BoP, current US$ is above the median for lower middle income countries, which is 6.88 billion BoP, current US$, 8.4× the median. (47 countries reporting)
- Nigeria's 57.49 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 4.05 billion BoP, current US$, 14.2× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Share of service in total exports in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +403.7% | 2.56 billion BoP, current US$ | 12.88 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0107 units per US$ of GDP (2025)
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.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.