Nigeria - Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Nigeria was -23.30 as of 2020. As the graph below shows, over the past 38 years this indicator reached a maximum value of 60.89 in 2001 and a minimum value of -37.14 in 1987.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from 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 -26.07
1983 -35.27
1984 -30.90
1985 7.85
1986 -30.07
1987 -37.14
1988 -6.60
1989 36.75
1990 19.56
1991 30.55
1992 -14.97
1993 20.84
1994 -21.60
1995 -11.87
1996 48.81
1997 34.83
1998 -6.54
1999 -33.70
2000 12.58
2001 60.89
2002 6.35
2003 53.44
2004 -33.21
2005 33.62
2006 35.97
2007 25.83
2008 -18.76
2009 -15.83
2010 -15.28
2011 -7.83
2012 -32.89
2013 12.22
2014 5.97
2015 -25.68
2016 -10.36
2017 4.75
2018 49.16
2019 27.26
2020 -23.30

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts