Primary income, Debit/Expenditure in Nigeria
Nigeria: Primary income, Debit/Expenditure was 10.51 billion in 2024. βΌ Falling
Primary income, Debit/Expenditure in Nigeria, 2005β2024
Source: International Monetary Fund.
Analysis
Nigeria recorded 10.51 billion for primary income, debit/expenditure in 2024.
That represents a change of down 19.1% on the previous year and down 49.5% over ten years.
Over the whole period, primary income, debit/expenditure in Nigeria peaked at 26.40 billion in 2013 and was at its lowest, 3.15 billion, in 2005.
That places Nigeria 57th out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.34 billion | 3.15 billion | 17.41 billion | 5 |
| 2010s | 17.01 billion | 7.51 billion | 26.40 billion | 10 |
| 2020s | 11.00 billion | 6.47 billion | 14.54 billion | 5 |
Countries ranked near Nigeria
- 54 Philippines 12.78 billion compare
- 55 Mauritius 11.15 billion compare
- 56 Pakistan 10.63 billion compare
- 58 Slovak Republic 10.40 billion compare
- 59 Costa Rica 9.24 billion compare
- 60 Ukraine 9.07 billion compare
More trade data for Nigeria
- Total current account debit/expenditure, Debit/Expenditure 68.62 billion (2024)
- Goods, Debit/Expenditure 39.80 billion (2024)
- Services, Debit/Expenditure 17.93 billion (2024)
- Secondary income, Debit/Expenditure 380.46 million (2024)
- Milking, dairy machinery (trade) β Import Value 4,425 1000 USD (2007)
- Ploughs (e.g. reversible and non-reversible ploughs) β Import Value 5,185 1000 USD (2005)
- Pedestrian controlled tractors (single axle tractors) β Import Value 686 1000 USD (2007)
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 128.67 million FAO, current US$ (2010)
- Manure spreaders and Fertiliser distributors β Import Value 447 1000 USD (2007)
Frequently asked questions
- What is primary income, debit/expenditure in Nigeria?
- Primary income, debit/expenditure in Nigeria was 10.51 billion in 2024, according to International Monetary Fund.
- What is the highest primary income, debit/expenditure recorded in Nigeria?
- The highest recorded value was 26.40 billion in 2013.
- What is the lowest primary income, debit/expenditure recorded in Nigeria?
- The lowest recorded value was 3.15 billion in 2005.
- How does Nigeria rank for primary income, debit/expenditure?
- Nigeria ranks 57th out of 198 countries with data for 2024.
- Is primary income, debit/expenditure rising or falling in Nigeria?
- Over the last ten years it is down 49.5%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Primary income, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.