Nigeria - 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

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts