Commercial service exports in Nigeria

Nigeria: Commercial service exports was 4.55 billion current US$ in 2025. ◆ Volatile

Latest (2025)
4.55 billion current US$
Change on year
up 11.9%
World rank
99th
of 200 countries
All-time high
4.55 billion current US$
in 2025
All-time low
189.06 million current US$
in 1995
Years of data
49
1977–2025

Commercial service exports in Nigeria, 1977–2025

01.0B2.0B3.0B4.0B5.0B197720012025

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.

Analysis

The most recent figure for commercial service exports in Nigeria is 4.55 billion current US$, measured in 2025. That is the highest value across all 49 years on record.

That represents a change of up 11.9% on the previous year and up 70.2% over ten years.

Over the whole period, commercial service exports in Nigeria peaked at 4.55 billion current US$ in 2025 and was at its lowest, 189.06 million current US$, in 1995.

Nigeria ranks 99th 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.

Commercial service exports in Nigeria, year by year

Annual values for Commercial service exports (current US$) in Nigeria, 1977 to 2025.
Year current US$ Change
1977 462.23 million current US$ —
1978 876.79 million current US$ +89.7%
1979 1.03 billion current US$ +17.1%
1980 1.13 billion current US$ +9.8%
1981 926.00 million current US$ -17.8%
1982 507.82 million current US$ -45.2%
1983 401.71 million current US$ -20.9%
1984 433.12 million current US$ +7.8%
1985 315.52 million current US$ -27.2%
1986 250.21 million current US$ -20.7%
1987 224.10 million current US$ -10.4%
1988 363.68 million current US$ +62.3%
1989 551.82 million current US$ +51.7%
1990 965.15 million current US$ +74.9%
1991 886.31 million current US$ -8.2%
1992 1.05 billion current US$ +18.8%
1993 1.16 billion current US$ +10.5%
1994 370.89 million current US$ -68.1%
1995 189.06 million current US$ -49.0%
1996 229.55 million current US$ +21.4%
1997 239.89 million current US$ +4.5%
1998 251.80 million current US$ +5.0%
1999 979.62 million current US$ +289.0%
2000 1.83 billion current US$ +87.1%
2001 1.65 billion current US$ -9.8%
2002 2.52 billion current US$ +52.7%
2003 3.47 billion current US$ +37.6%
2004 3.34 billion current US$ -3.9%
2005 1.43 billion current US$ -57.1%
2006 2.06 billion current US$ +43.5%
2007 1.10 billion current US$ -46.6%
2008 1.83 billion current US$ +67.0%
2009 1.76 billion current US$ -4.0%
2010 2.62 billion current US$ +48.8%
2011 2.31 billion current US$ -11.7%
2012 2.07 billion current US$ -10.7%
2013 1.92 billion current US$ -7.3%
2014 1.51 billion current US$ -21.3%
2015 2.67 billion current US$ +77.3%
2016 3.24 billion current US$ +21.4%
2017 4.55 billion current US$ +40.2%
2018 4.35 billion current US$ -4.4%
2019 4.49 billion current US$ +3.1%
2020 3.53 billion current US$ -21.3%
2021 3.53 billion current US$ -0.0%
2022 4.41 billion current US$ +24.8%
2023 3.96 billion current US$ -10.1%
2024 4.07 billion current US$ +2.6%
2025 4.55 billion current US$ +11.9%

Nigeria compared with similar countries

  • Nigeria's 4.55 billion current US$ is above the median for lower middle income countries, which is 1.21 billion current US$, 3.8× the median. (47 countries reporting)
  • Nigeria's 4.55 billion current US$ is above the median for Sub-Saharan Africa, which is 479.01 million current US$, 9.5× the median. (47 countries reporting)

Biggest year-on-year movements

Years where Commercial service 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.

YearChange FromTo
1999 +289.0% 251.80 million current US$ 979.62 million current US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 788.50 million current US$ 462.23 million current US$ 1.03 billion current US$ 3
1980s 510.06 million current US$ 224.10 million current US$ 1.13 billion current US$ 10
1990s 632.74 million current US$ 189.06 million current US$ 1.16 billion current US$ 10
2000s 2.10 billion current US$ 1.10 billion current US$ 3.47 billion current US$ 10
2010s 2.97 billion current US$ 1.51 billion current US$ 4.55 billion current US$ 10
2020s 4.01 billion current US$ 3.53 billion current US$ 4.55 billion current US$ 6

Countries ranked near Nigeria

  1. 96 Kosovo 4.87 billion current US$ compare
  2. 96 Kosovo (UNSCR 1244) 4.87 billion current US$ compare
  3. 98 Cayman Islands 4.77 billion current US$ compare
  4. 100 Guatemala 4.55 billion current US$ compare
  5. 101 Mauritius 4.19 billion current US$ compare
  6. 102 Algeria 4.17 billion current US$ compare

See the full ranking of 245 places →

More private sector data for Nigeria

All data for Nigeria →

Frequently asked questions

What is commercial service exports in Nigeria?
Commercial service exports in Nigeria was 4.55 billion current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest commercial service exports recorded in Nigeria?
The highest recorded value was 4.55 billion current US$ in 2025.
What is the lowest commercial service exports recorded in Nigeria?
The lowest recorded value was 189.06 million current US$ in 1995.
How does Nigeria rank for commercial service exports?
Nigeria ranks 99th out of 200 countries with data for 2025.
Is commercial service exports rising or falling in Nigeria?
Over the last ten years it is up 70.2%. 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 Commercial service exports (current US$). Statizoid updates them automatically from the source API.

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Commercial service exports in Nigeria. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 04 October 2026, from https://private-sector.statizoid.com/stat/commercial-service-exports-current-us/nigeria/

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About this data

Indicator
Commercial service exports (current US$)
Unit
current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
245 places, 9,749 data points, 1960–2025
Last refreshed

Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-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.