Net income in Nigeria
Nigeria: Net income was -9.3% in 2011. ▼ Falling
Net income in Nigeria, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator. Measured in % of GDP.
Analysis
The most recent figure for net income in Nigeria is -9.3%, measured in 2011. That is the lowest value across all 7 years on record.
The figure is down 9.4% on the previous year and down 250.5% over ten years.
Nigeria ranks 41st of 41 countries on this measure, in the bottom quarter.
Net income in Nigeria, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | -2.7% | — |
| 2006 | -3.2% | +18.8% |
| 2007 | -7.1% | +123.8% |
| 2008 | -7.3% | +2.7% |
| 2009 | -8.5% | +17.5% |
| 2010 | -8.5% | -0.1% |
| 2011 | -9.3% | +9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.7% | -8.5% | -2.7% | 5 |
| 2010s | -8.9% | -9.3% | -8.5% | 2 |
Countries ranked near Nigeria
More trade data for Nigeria
- Commodity Net Export Price Index, Individual Commodities Weighted by 66.76 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 93.8 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 93.58 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 63.43 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.77 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 85.81 (2025)
- Imports of low carbon technology products, Percent of GDP 0.5627 (2024)
- Imports of low carbon technology products, US dollar (World), per 6.1 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0056 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 42.54 million (2024)
Frequently asked questions
- What is net income in Nigeria?
- Net income in Nigeria was -9.3% in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator.
- What is the highest net income recorded in Nigeria?
- The highest recorded value was -2.7% in 2005.
- What is the lowest net income recorded in Nigeria?
- The lowest recorded value was -9.3% in 2011.
- How does Nigeria rank for net income?
- Nigeria ranks 41st out of 41 countries with data for 2011.
- Is net income rising or falling in Nigeria?
- Over the last ten years it is down 250.5%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator, published as part of Net income (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Income derived from the use of intangible assets is recorded under business services. Data are in current U.S. dollars.