Nigeria - Trade in services (% of GDP)
Trade in services (% of GDP) in Nigeria was 5.51 as of 2020. Its highest value over the past 43 years was 14.01 in 1993, while its lowest value was 2.08 in 1987.
Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1977 | 11.42 |
| 1978 | 10.52 |
| 1979 | 9.44 |
| 1980 | 9.99 |
| 1981 | 3.62 |
| 1982 | 2.77 |
| 1983 | 2.87 |
| 1984 | 3.04 |
| 1985 | 2.67 |
| 1986 | 2.48 |
| 1987 | 2.08 |
| 1988 | 2.35 |
| 1989 | 4.38 |
| 1990 | 5.44 |
| 1991 | 6.79 |
| 1992 | 5.99 |
| 1993 | 14.01 |
| 1994 | 9.98 |
| 1995 | 3.69 |
| 1996 | 3.41 |
| 1997 | 3.08 |
| 1998 | 2.64 |
| 1999 | 7.50 |
| 2000 | 7.39 |
| 2001 | 8.50 |
| 2002 | 7.81 |
| 2003 | 8.76 |
| 2004 | 6.83 |
| 2005 | 4.78 |
| 2006 | 6.87 |
| 2007 | 7.18 |
| 2008 | 7.85 |
| 2009 | 7.09 |
| 2010 | 6.75 |
| 2011 | 6.90 |
| 2012 | 5.78 |
| 2013 | 4.76 |
| 2014 | 4.92 |
| 2015 | 4.68 |
| 2016 | 3.83 |
| 2017 | 6.20 |
| 2018 | 8.99 |
| 2019 | 9.74 |
| 2020 | 5.51 |
Aggregation method: Weighted average
Periodicity: Annual
General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
