Nigeria - Exports of goods and services
Exports of goods and services (BoP, current US$)
The latest value for Exports of goods and services (BoP, current US$) in Nigeria was $39,937,180,000 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $102,437,000,000 in 2011 and $2,808,064,000 in 1998.
Definition: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1977 | $12,936,230,000 |
| 1978 | $11,317,990,000 |
| 1979 | $17,759,720,000 |
| 1980 | $27,071,170,000 |
| 1981 | $18,771,000,000 |
| 1982 | $12,657,000,000 |
| 1983 | $10,757,720,000 |
| 1984 | $12,289,190,000 |
| 1985 | $13,429,570,000 |
| 1986 | $5,334,783,000 |
| 1987 | $7,784,041,000 |
| 1988 | $7,238,757,000 |
| 1989 | $8,423,249,000 |
| 1990 | $14,550,380,000 |
| 1991 | $13,140,200,000 |
| 1992 | $12,843,760,000 |
| 1993 | $11,072,590,000 |
| 1994 | $9,829,969,000 |
| 1995 | $3,840,513,000 |
| 1996 | $5,279,477,000 |
| 1997 | $4,878,570,000 |
| 1998 | $2,808,064,000 |
| 1999 | $13,855,880,000 |
| 2000 | $20,965,440,000 |
| 2001 | $19,644,890,000 |
| 2002 | $18,137,440,000 |
| 2003 | $27,448,730,000 |
| 2004 | $38,102,760,000 |
| 2005 | $56,994,050,000 |
| 2006 | $59,232,840,000 |
| 2007 | $67,494,190,000 |
| 2008 | $88,008,520,000 |
| 2009 | $58,393,120,000 |
| 2010 | $82,699,270,000 |
| 2011 | $102,437,000,000 |
| 2012 | $98,523,780,000 |
| 2013 | $99,418,990,000 |
| 2014 | $84,587,150,000 |
| 2015 | $49,047,770,000 |
| 2016 | $38,447,540,000 |
| 2017 | $50,847,990,000 |
| 2018 | $66,038,800,000 |
| 2019 | $69,926,720,000 |
| 2020 | $39,937,180,000 |
Exports of goods and services (current US$)
The latest value for Exports of goods and services (current US$) in Nigeria was $38,169,510,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $143,695,000,000 in 2012 and $387,783,100 in 1960.
Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | $387,783,100 |
| 1961 | $410,318,100 |
| 1962 | $405,957,200 |
| 1963 | $453,486,900 |
| 1964 | $510,977,900 |
| 1965 | $639,927,200 |
| 1966 | $663,026,800 |
| 1967 | $576,368,400 |
| 1968 | $516,309,700 |
| 1969 | $755,704,900 |
| 1970 | $1,054,739,000 |
| 1971 | $994,778,800 |
| 1972 | $1,346,274,000 |
| 1973 | $2,413,614,000 |
| 1974 | $6,256,020,000 |
| 1975 | $5,094,310,000 |
| 1976 | $6,613,959,000 |
| 1977 | $8,962,875,000 |
| 1978 | $7,142,148,000 |
| 1979 | $11,728,080,000 |
| 1980 | $18,859,390,000 |
| 1981 | $14,128,560,000 |
| 1982 | $9,556,563,000 |
| 1983 | $5,372,793,000 |
| 1984 | $4,666,830,000 |
| 1985 | $5,233,610,000 |
| 1986 | $2,876,809,000 |
| 1987 | $6,767,638,000 |
| 1988 | $5,545,311,000 |
| 1989 | $11,111,110,000 |
| 1990 | $11,333,880,000 |
| 1991 | $11,909,680,000 |
| 1992 | $11,458,710,000 |
| 1993 | $5,568,907,000 |
| 1994 | $4,584,122,000 |
| 1995 | $10,643,650,000 |
| 1996 | $11,760,050,000 |
| 1997 | $15,602,040,000 |
| 1998 | $9,907,408,000 |
| 1999 | $12,666,750,000 |
| 2000 | $25,017,710,000 |
| 2001 | $20,914,290,000 |
| 2002 | $22,167,400,000 |
| 2003 | $28,065,390,000 |
| 2004 | $27,623,350,000 |
| 2005 | $37,047,960,000 |
| 2006 | $69,688,760,000 |
| 2007 | $58,532,800,000 |
| 2008 | $87,143,790,000 |
| 2009 | $54,961,140,000 |
| 2010 | $92,751,980,000 |
| 2011 | $128,047,000,000 |
| 2012 | $143,695,000,000 |
| 2013 | $91,818,610,000 |
| 2014 | $100,780,000,000 |
| 2015 | $51,923,950,000 |
| 2016 | $37,301,080,000 |
| 2017 | $49,491,680,000 |
| 2018 | $61,552,170,000 |
| 2019 | $63,726,880,000 |
| 2020 | $38,169,510,000 |
Exports of goods and services (current LCU)
The value for Exports of goods and services (current LCU) in Nigeria was 13,619,800,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 22,824,400,000,000 in 2012 and a minimum value of 276,993,500 in 1960.
Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 276,993,500 |
| 1961 | 293,090,200 |
| 1962 | 289,975,200 |
| 1963 | 323,925,700 |
| 1964 | 364,991,500 |
| 1965 | 457,100,000 |
| 1966 | 473,600,000 |
| 1967 | 411,700,000 |
| 1968 | 368,800,000 |
| 1969 | 539,800,000 |
| 1970 | 753,400,000 |
| 1971 | 1,124,100,000 |
| 1972 | 1,210,300,000 |
| 1973 | 1,950,200,000 |
| 1974 | 4,936,000,000 |
| 1975 | 4,207,900,000 |
| 1976 | 5,211,800,000 |
| 1977 | 8,353,400,000 |
| 1978 | 7,049,300,000 |
| 1979 | 10,649,100,000 |
| 1980 | 14,766,900,000 |
| 1981 | 11,966,890,000 |
| 1982 | 9,977,051,000 |
| 1983 | 8,784,517,000 |
| 1984 | 10,533,040,000 |
| 1985 | 13,330,000,000 |
| 1986 | 10,399,660,000 |
| 1987 | 31,435,680,000 |
| 1988 | 35,251,540,000 |
| 1989 | 104,756,000,000 |
| 1990 | 103,750,000,000 |
| 1991 | 143,071,000,000 |
| 1992 | 217,218,000,000 |
| 1993 | 252,271,000,000 |
| 1994 | 239,658,000,000 |
| 1995 | 748,887,000,000 |
| 1996 | 940,804,000,000 |
| 1997 | 1,265,950,000,000 |
| 1998 | 871,852,000,000 |
| 1999 | 1,169,620,000,000 |
| 2000 | 2,544,230,000,000 |
| 2001 | 2,326,320,000,000 |
| 2002 | 2,672,900,000,000 |
| 2003 | 3,626,680,000,000 |
| 2004 | 3,670,810,000,000 |
| 2005 | 4,863,450,000,000 |
| 2006 | 8,965,580,000,000 |
| 2007 | 7,363,900,000,000 |
| 2008 | 10,256,300,000,000 |
| 2009 | 8,097,020,000,000 |
| 2010 | 14,013,800,000,000 |
| 2011 | 19,961,300,000,000 |
| 2012 | 22,824,400,000,000 |
| 2013 | 14,622,200,000,000 |
| 2014 | 16,616,900,000,000 |
| 2015 | 10,152,000,000,000 |
| 2016 | 9,455,510,000,000 |
| 2017 | 15,134,000,000,000 |
| 2018 | 20,004,500,000,000 |
| 2019 | 20,711,200,000,000 |
| 2020 | 13,619,800,000,000 |
Exports of goods and services (constant 2010 US$)
The latest value for Exports of goods and services (constant 2010 US$) in Nigeria was 52,135,110,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between 71,382,140,000 in 2019 and 12,695,510,000 in 1983.
Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1981 | 15,355,750,000 |
| 1982 | 13,750,320,000 |
| 1983 | 12,695,510,000 |
| 1984 | 13,999,880,000 |
| 1985 | 15,184,970,000 |
| 1986 | 13,831,950,000 |
| 1987 | 14,580,570,000 |
| 1988 | 15,019,550,000 |
| 1989 | 19,499,750,000 |
| 1990 | 18,632,970,000 |
| 1991 | 20,135,330,000 |
| 1992 | 14,795,730,000 |
| 1993 | 17,554,870,000 |
| 1994 | 17,951,860,000 |
| 1995 | 16,412,260,000 |
| 1996 | 14,626,930,000 |
| 1997 | 21,633,810,000 |
| 1998 | 22,085,220,000 |
| 1999 | 19,710,470,000 |
| 2000 | 22,322,700,000 |
| 2001 | 17,050,180,000 |
| 2002 | 19,032,670,000 |
| 2003 | 25,001,540,000 |
| 2004 | 24,762,850,000 |
| 2005 | 27,827,140,000 |
| 2006 | 47,410,660,000 |
| 2007 | 39,373,980,000 |
| 2008 | 56,477,030,000 |
| 2009 | 39,523,890,000 |
| 2010 | 44,047,660,000 |
| 2011 | 55,408,750,000 |
| 2012 | 53,420,150,000 |
| 2013 | 41,808,470,000 |
| 2014 | 51,878,050,000 |
| 2015 | 51,923,950,000 |
| 2016 | 57,911,580,000 |
| 2017 | 62,972,890,000 |
| 2018 | 62,084,570,000 |
| 2019 | 71,382,140,000 |
| 2020 | 52,135,110,000 |
Exports of goods and services (annual % growth)
The value for Exports of goods and services (annual % growth) in Nigeria was -26.96 as of 2020. As the graph below shows, over the past 38 years this indicator reached a maximum value of 70.38 in 2006 and a minimum value of -30.02 in 2009.
Definition: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1982 | -10.45 |
| 1983 | -7.67 |
| 1984 | 10.27 |
| 1985 | 8.46 |
| 1986 | -8.91 |
| 1987 | 5.41 |
| 1988 | 3.01 |
| 1989 | 29.83 |
| 1990 | -4.45 |
| 1991 | 8.06 |
| 1992 | -26.52 |
| 1993 | 18.65 |
| 1994 | 2.26 |
| 1995 | -8.58 |
| 1996 | -10.88 |
| 1997 | 47.90 |
| 1998 | 2.09 |
| 1999 | -10.75 |
| 2000 | 13.25 |
| 2001 | -23.62 |
| 2002 | 11.63 |
| 2003 | 31.36 |
| 2004 | -0.95 |
| 2005 | 12.37 |
| 2006 | 70.38 |
| 2007 | -16.95 |
| 2008 | 43.44 |
| 2009 | -30.02 |
| 2010 | 11.45 |
| 2011 | 25.79 |
| 2012 | -3.59 |
| 2013 | -21.74 |
| 2014 | 24.09 |
| 2015 | 0.09 |
| 2016 | 11.53 |
| 2017 | 8.74 |
| 2018 | -1.41 |
| 2019 | 14.98 |
| 2020 | -26.96 |
Exports of goods and services (constant LCU)
The value for Exports of goods and services (constant LCU) in Nigeria was 16,586,900,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 22,710,400,000,000 in 2019 and a minimum value of 4,039,100,000,000 in 1983.
Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1981 | 4,885,460,000,000 |
| 1982 | 4,374,690,000,000 |
| 1983 | 4,039,100,000,000 |
| 1984 | 4,454,090,000,000 |
| 1985 | 4,831,120,000,000 |
| 1986 | 4,400,660,000,000 |
| 1987 | 4,638,830,000,000 |
| 1988 | 4,778,500,000,000 |
| 1989 | 6,203,880,000,000 |
| 1990 | 5,928,110,000,000 |
| 1991 | 6,406,090,000,000 |
| 1992 | 4,707,290,000,000 |
| 1993 | 5,585,110,000,000 |
| 1994 | 5,711,420,000,000 |
| 1995 | 5,221,590,000,000 |
| 1996 | 4,653,580,000,000 |
| 1997 | 6,882,830,000,000 |
| 1998 | 7,026,450,000,000 |
| 1999 | 6,270,920,000,000 |
| 2000 | 7,102,010,000,000 |
| 2001 | 5,424,540,000,000 |
| 2002 | 6,055,280,000,000 |
| 2003 | 7,954,280,000,000 |
| 2004 | 7,878,340,000,000 |
| 2005 | 8,853,250,000,000 |
| 2006 | 15,083,800,000,000 |
| 2007 | 12,526,900,000,000 |
| 2008 | 17,968,300,000,000 |
| 2009 | 12,574,600,000,000 |
| 2010 | 14,013,800,000,000 |
| 2011 | 17,628,400,000,000 |
| 2012 | 16,995,700,000,000 |
| 2013 | 13,301,400,000,000 |
| 2014 | 16,505,100,000,000 |
| 2015 | 16,519,700,000,000 |
| 2016 | 18,424,700,000,000 |
| 2017 | 20,034,900,000,000 |
| 2018 | 19,752,300,000,000 |
| 2019 | 22,710,400,000,000 |
| 2020 | 16,586,900,000,000 |
Exports of goods and services (% of GDP)
Exports of goods and services (% of GDP) in Nigeria was 8.83 as of 2020. Its highest value over the past 60 years was 36.02 in 2000, while its lowest value was 5.25 in 1986.
Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 9.24 |
| 1961 | 9.19 |
| 1962 | 8.27 |
| 1963 | 8.78 |
| 1964 | 9.20 |
| 1965 | 10.89 |
| 1966 | 10.41 |
| 1967 | 11.08 |
| 1968 | 9.93 |
| 1969 | 11.39 |
| 1970 | 8.41 |
| 1971 | 10.83 |
| 1972 | 10.97 |
| 1973 | 15.92 |
| 1974 | 25.18 |
| 1975 | 18.34 |
| 1976 | 18.22 |
| 1977 | 24.87 |
| 1978 | 19.55 |
| 1979 | 24.82 |
| 1980 | 29.38 |
| 1981 | 8.59 |
| 1982 | 6.69 |
| 1983 | 5.53 |
| 1984 | 6.35 |
| 1985 | 7.10 |
| 1986 | 5.25 |
| 1987 | 12.85 |
| 1988 | 11.17 |
| 1989 | 25.25 |
| 1990 | 20.97 |
| 1991 | 24.25 |
| 1992 | 23.97 |
| 1993 | 20.07 |
| 1994 | 13.55 |
| 1995 | 24.16 |
| 1996 | 23.02 |
| 1997 | 28.65 |
| 1998 | 18.14 |
| 1999 | 21.33 |
| 2000 | 36.02 |
| 2001 | 28.25 |
| 2002 | 23.24 |
| 2003 | 26.75 |
| 2004 | 20.25 |
| 2005 | 21.03 |
| 2006 | 29.52 |
| 2007 | 21.24 |
| 2008 | 25.67 |
| 2009 | 18.63 |
| 2010 | 25.66 |
| 2011 | 31.62 |
| 2012 | 31.55 |
| 2013 | 18.05 |
| 2014 | 18.44 |
| 2015 | 10.67 |
| 2016 | 9.22 |
| 2017 | 13.17 |
| 2018 | 15.50 |
| 2019 | 14.22 |
| 2020 | 8.83 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
