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Imports of Services (BoP, USD) in Nigeria

Source: World Bank
Last Updated: April 1, 2024

Imports of services as a part of balance of payment reached USD 16.0 bil in 2021 in Nigeria, according to the National Statistical Office. This is 19.3% less than in the previous year.

Historically, imports of services as a part of balance of payment in Nigeria reached an all time high of USD 38.7 bil in 2019 and an all time low of USD 0.804 bil in 1988.

Nigeria has been ranked 46th within the group of 140 countries we follow in terms of imports of services as a part of balance of payment.

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