Secondary income, Debit/Expenditure (US dollar) in Nigeria
Nigeria: Secondary income, Debit/Expenditure (US dollar) was 380.46 million in 2024. ◆ Volatile
Secondary income, Debit/Expenditure in Nigeria, 2005–2024
Source: International Monetary Fund.
Analysis
Nigeria recorded 380.46 million for secondary income, debit/expenditure in 2024.
That represents a change of down 6.1% on the previous year and down 56.4% over ten years.
Over the whole period, secondary income, debit/expenditure in Nigeria peaked at 1.95 billion in 2015 and was at its lowest, 131.39 million, in 2005.
Nigeria ranks 106th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, Debit/Expenditure (US dollar) in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 131.39 million | — |
| 2006 | 177.09 million | +34.8% |
| 2007 | 150.10 million | -15.2% |
| 2008 | 530.56 million | +253.5% |
| 2009 | 463.72 million | -12.6% |
| 2010 | 477.99 million | +3.1% |
| 2011 | 471.88 million | -1.3% |
| 2012 | 482.40 million | +2.2% |
| 2013 | 722.76 million | +49.8% |
| 2014 | 871.71 million | +20.6% |
| 2015 | 1.95 billion | +123.5% |
| 2016 | 1.05 billion | -45.9% |
| 2017 | 521.63 million | -50.5% |
| 2018 | 391.57 million | -24.9% |
| 2019 | 711.09 million | +81.6% |
| 2020 | 604.52 million | -15.0% |
| 2021 | 437.39 million | -27.6% |
| 2022 | 900.80 million | +105.9% |
| 2023 | 405.07 million | -55.0% |
| 2024 | 380.46 million | -6.1% |
Nigeria compared with similar countries
- Nigeria's 380.46 million is above the median for lower middle income countries, which is 188.56 million, 2.0× the median. (46 countries reporting)
- Nigeria's 380.46 million is above the median for Sub-Saharan Africa, which is 151.72 million, 2.5× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Secondary income, Debit/Expenditure (US dollar) in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +253.5% | 150.10 million | 530.56 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 290.57 million | 131.39 million | 530.56 million | 5 |
| 2010s | 765.31 million | 391.57 million | 1.95 billion | 10 |
| 2020s | 545.65 million | 380.46 million | 900.80 million | 5 |
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 secondary income, debit/expenditure in Nigeria?
- Secondary income, debit/expenditure in Nigeria was 380.46 million in 2024, according to International Monetary Fund.
- What is the highest secondary income, debit/expenditure recorded in Nigeria?
- The highest recorded value was 1.95 billion in 2015.
- What is the lowest secondary income, debit/expenditure recorded in Nigeria?
- The lowest recorded value was 131.39 million in 2005.
- How does Nigeria rank for secondary income, debit/expenditure?
- Nigeria ranks 106th out of 198 countries with data for 2024.
- Is secondary income, debit/expenditure rising or falling in Nigeria?
- Over the last ten years it is down 56.4%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Secondary 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.