Spending by a country’s residents while travelling abroad, annual in Nigeria

Nigeria: Spending by a country’s residents while travelling abroad, annual was 2 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2 % change on previous year
World rank
144th
of 191 countries
All-time high
605.79 % change on previous year
in 2006
All-time low
-59.72 % change on previous year
in 1999
Years of data
27
1996–2024

Spending by a country’s residents while travelling abroad, annual in Nigeria, 1996–2024

02004006001996201020241996: 40.5 % change on previous year1997: 39.6 % change on previous year1998: -13.6 % change on previous year1999: -59.7 % change on previous year2000: -4.7 % change on previous year2001: 40.7 % change on previous year2002: 6.1 % change on previous year2003: 128.1 % change on previous year2006: 605.8 % change on previous year2007: 88.5 % change on previous year2008: 65.1 % change on previous year2009: -43.3 % change on previous year2010: 33.9 % change on previous year2011: 14.2 % change on previous year2012: -3.1 % change on previous year2013: -0.952 % change on previous year2014: 0.568 % change on previous year2015: -2 % change on previous year2016: -49.8 % change on previous year2017: 81.1 % change on previous year2018: 61.3 % change on previous year2019: 24.1 % change on previous year2020: -59.7 % change on previous year2021: 3.2 % change on previous year2022: 2 % change on previous year2023: 0 % change on previous year2024: 2 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, spending by a country’s residents while travelling abroad, annual in Nigeria stood at 2 % change on previous year.

The figure is up 252.0% over ten years.

Over the whole period, spending by a country’s residents while travelling abroad, annual in Nigeria peaked at 605.79 % change on previous year in 2006 and was at its lowest, -59.72 % change on previous year, in 1999.

Nigeria ranks 144th of 191 countries on this measure, in the bottom quarter.

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

Spending by a country’s residents while travelling abroad, annual in Nigeria, year by year

Annual values for Spending by a country’s residents while travelling abroad, annual growth rate in Nigeria, 1996 to 2024.
Year % change on previous year Change
1996 40.51 % change on previous year —
1997 39.61 % change on previous year -2.2%
1998 -13.64 % change on previous year -134.4%
1999 -59.72 % change on previous year +337.8%
2000 -4.69 % change on previous year -92.2%
2001 40.66 % change on previous year -967.3%
2002 6.06 % change on previous year -85.1%
2003 128.13 % change on previous year +2014.2%
2006 605.79 % change on previous year +372.8%
2007 88.49 % change on previous year -85.4%
2008 65.15 % change on previous year -26.4%
2009 -43.35 % change on previous year -166.5%
2010 33.87 % change on previous year -178.1%
2011 14.2 % change on previous year -58.1%
2012 -3.07 % change on previous year -121.7%
2013 -0.9524 % change on previous year -69.0%
2014 0.5682 % change on previous year -159.7%
2015 -2.03 % change on previous year -457.6%
2016 -49.83 % change on previous year +2352.5%
2017 81.12 % change on previous year -262.8%
2018 61.31 % change on previous year -24.4%
2019 24.12 % change on previous year -60.7%
2020 -59.69 % change on previous year -347.5%
2021 3.19 % change on previous year -105.3%
2022 2 % change on previous year -37.3%
2023 0 % change on previous year -100.0%
2024 2 % change on previous year —

Biggest year-on-year movements

Years where Spending by a country’s residents while travelling abroad, annual 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.

YearChange FromTo
2016 -2352.5% -2.03 % change on previous year -49.83 % change on previous year
2003 +2014.2% 6.06 % change on previous year 128.13 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.69 % change on previous year -59.72 % change on previous year 40.51 % change on previous year 4
2000s 110.78 % change on previous year -43.35 % change on previous year 605.79 % change on previous year 8
2010s 15.93 % change on previous year -49.83 % change on previous year 81.12 % change on previous year 10
2020s -10.5 % change on previous year -59.69 % change on previous year 3.19 % change on previous year 5

Countries ranked near Nigeria

  1. 141 Georgia 3.25 % change on previous year compare
  2. 142 Luxembourg 3.02 % change on previous year compare
  3. 143 Malawi 2.28 % change on previous year compare
  4. 145 Sweden 1.97 % change on previous year compare
  5. 146 Lesotho 1.02 % change on previous year compare
  6. 147 Micronesia (country) 0 % change on previous year compare

See the full ranking of 191 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is spending by a country’s residents while travelling abroad, annual in Nigeria?
Spending by a country’s residents while travelling abroad, annual in Nigeria was 2 % change on previous year in 2024, according to Statizoid (derived).
What is the highest spending by a country’s residents while travelling abroad, annual recorded in Nigeria?
The highest recorded value was 605.79 % change on previous year in 2006.
What is the lowest spending by a country’s residents while travelling abroad, annual recorded in Nigeria?
The lowest recorded value was -59.72 % change on previous year in 1999.
How does Nigeria rank for spending by a country’s residents while travelling abroad, annual?
Nigeria ranks 144th out of 191 countries with data for 2024.
Is spending by a country’s residents while travelling abroad, annual rising or falling in Nigeria?
Over the last ten years it is up 252.0%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Statizoid (derived), published as part of Spending by a country’s residents while travelling abroad, annual growth rate. Statizoid updates them automatically from the source API.

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Spending by a country’s residents while travelling abroad, annual in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/spending-by-a-country-s-residents-while-travelling-abroad-annual-growth-rate/nigeria/

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How this figure is calculated

The year-on-year percentage change in Spending by a country’s residents while travelling abroad. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Spending by a country’s residents while travelling abroad, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
191 places, 4,321 data points, 1996–2024
Last refreshed

The year-on-year percentage change in Spending by a country’s residents while travelling abroad. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.