Commercial service imports in Nigeria

Nigeria: Commercial service imports was 18.94 billion current US$ in 2025. ◆ Volatile

Latest (2025)
18.94 billion current US$
Change on year
up 9.5%
World rank
53rd
of 198 countries
All-time high
38.45 billion current US$
in 2019
All-time low
804.06 million current US$
in 1988
Years of data
49
1977–2025

Commercial service imports in Nigeria, 1977–2025

010.0B20.0B30.0B40.0B197720012025

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.

Analysis

The most recent figure for commercial service imports in Nigeria is 18.94 billion current US$, measured in 2025.

That represents a change of up 9.5% on the previous year and up 3.6% over ten years.

Over the whole period, commercial service imports in Nigeria peaked at 38.45 billion current US$ in 2019 and was at its lowest, 804.06 million current US$, in 1988.

That places Nigeria 53rd out of 198 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.19 billion current US$ 2.97 billion current US$ 3.43 billion current US$ 3
1980s 2.26 billion current US$ 804.06 million current US$ 5.29 billion current US$ 10
1990s 2.04 billion current US$ 1.16 billion current US$ 3.31 billion current US$ 10
2000s 9.71 billion current US$ 3.14 billion current US$ 22.57 billion current US$ 10
2010s 22.48 billion current US$ 11.34 billion current US$ 38.45 billion current US$ 10
2020s 17.90 billion current US$ 15.79 billion current US$ 19.60 billion current US$ 6

Countries ranked near Nigeria

  1. 50 Ukraine 20.57 billion current US$ compare
  2. 51 New Zealand 20.28 billion current US$ compare
  3. 52 Colombia 19.48 billion current US$ compare
  4. 54 Lithuania 17.38 billion current US$ compare
  5. 55 Malta 17.37 billion current US$ compare
  6. 56 Peru 15.66 billion current US$ compare

See the full ranking of 246 places →

More private sector data for Nigeria

All data for Nigeria →

Frequently asked questions

What is commercial service imports in Nigeria?
Commercial service imports in Nigeria was 18.94 billion current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest commercial service imports recorded in Nigeria?
The highest recorded value was 38.45 billion current US$ in 2019.
What is the lowest commercial service imports recorded in Nigeria?
The lowest recorded value was 804.06 million current US$ in 1988.
How does Nigeria rank for commercial service imports?
Nigeria ranks 53rd out of 198 countries with data for 2025.
Is commercial service imports rising or falling in Nigeria?
Over the last ten years it is up 3.6%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service imports (current US$). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Commercial service imports (current US$)
Unit
current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 9,738 data points, 1960–2025
Last refreshed

Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.