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

Nigeria: Spending by a country’s residents while travelling abroad, per unit was 0.0281 current US$ per US$ of GDP in 2024. ▲ Rising

Latest (2024)
0.0281 current US$ per US$ of GDP
Change on year
up 97.1%
World rank
80th
of 194 countries
All-time high
0.0324 current US$ per US$ of GDP
in 2008
All-time low
0.0029 current US$ per US$ of GDP
in 2005
Years of data
29
1995–2024

Spending by a country’s residents while travelling abroad, per unit in Nigeria, 1995–2024

00.010.020.031995200920241995: 0.007 current US$ per US$ of GDP1996: 0.007 current US$ per US$ of GDP1997: 0.009 current US$ per US$ of GDP1998: 0.007 current US$ per US$ of GDP1999: 0.011 current US$ per US$ of GDP2000: 0.009 current US$ per US$ of GDP2001: 0.012 current US$ per US$ of GDP2002: 0.01 current US$ per US$ of GDP2003: 0.02 current US$ per US$ of GDP2005: 0.003 current US$ per US$ of GDP2006: 0.015 current US$ per US$ of GDP2007: 0.024 current US$ per US$ of GDP2008: 0.032 current US$ per US$ of GDP2009: 0.021 current US$ per US$ of GDP2010: 0.023 current US$ per US$ of GDP2011: 0.023 current US$ per US$ of GDP2012: 0.02 current US$ per US$ of GDP2013: 0.018 current US$ per US$ of GDP2014: 0.016 current US$ per US$ of GDP2015: 0.018 current US$ per US$ of GDP2016: 0.011 current US$ per US$ of GDP2017: 0.022 current US$ per US$ of GDP2018: 0.031 current US$ per US$ of GDP2019: 0.025 current US$ per US$ of GDP2020: 0.011 current US$ per US$ of GDP2021: 0.011 current US$ per US$ of GDP2022: 0.011 current US$ per US$ of GDP2023: 0.014 current US$ per US$ of GDP2024: 0.028 current US$ per US$ of GDP

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

Nigeria recorded 0.0281 current US$ per US$ of GDP for spending by a country’s residents while travelling abroad, per unit in 2024.

Compared with earlier readings it is up 97.1% on the previous year and up 75.6% over ten years.

Over the whole period, spending by a country’s residents while travelling abroad, per unit in Nigeria peaked at 0.0324 current US$ per US$ of GDP in 2008 and was at its lowest, 0.0029 current US$ per US$ of GDP, in 2005.

Nigeria ranks 80th of 194 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 29 years of available data.

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

Annual values for Spending by a country’s residents while travelling abroad, per unit of GDP in Nigeria, 1995 to 2024.
Year current US$ per US$ of GDP Change
1995 0.0067 current US$ per US$ of GDP —
1996 0.0071 current US$ per US$ of GDP +6.6%
1997 0.0092 current US$ per US$ of GDP +29.1%
1998 0.0073 current US$ per US$ of GDP -20.6%
1999 0.0108 current US$ per US$ of GDP +48.7%
2000 0.0088 current US$ per US$ of GDP -18.5%
2001 0.0117 current US$ per US$ of GDP +32.3%
2002 0.0096 current US$ per US$ of GDP -17.9%
2003 0.0198 current US$ per US$ of GDP +107.0%
2005 0.0029 current US$ per US$ of GDP -85.6%
2006 0.0148 current US$ per US$ of GDP +420.0%
2007 0.024 current US$ per US$ of GDP +61.5%
2008 0.0324 current US$ per US$ of GDP +35.4%
2009 0.0211 current US$ per US$ of GDP -34.8%
2010 0.0227 current US$ per US$ of GDP +7.6%
2011 0.023 current US$ per US$ of GDP +1.1%
2012 0.0199 current US$ per US$ of GDP -13.4%
2013 0.0176 current US$ per US$ of GDP -11.6%
2014 0.016 current US$ per US$ of GDP -8.9%
2015 0.0183 current US$ per US$ of GDP +14.1%
2016 0.0112 current US$ per US$ of GDP -38.9%
2017 0.0218 current US$ per US$ of GDP +95.1%
2018 0.0313 current US$ per US$ of GDP +43.7%
2019 0.0246 current US$ per US$ of GDP -21.7%
2020 0.011 current US$ per US$ of GDP -55.0%
2021 0.0112 current US$ per US$ of GDP +1.4%
2022 0.0108 current US$ per US$ of GDP -4.0%
2023 0.0143 current US$ per US$ of GDP +32.7%
2024 0.0281 current US$ per US$ of GDP +97.1%

Biggest year-on-year movements

Years where Spending by a country’s residents while travelling abroad, per unit 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
2006 +420.0% 0.0029 current US$ per US$ of GDP 0.0148 current US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0082 current US$ per US$ of GDP 0.0067 current US$ per US$ of GDP 0.0108 current US$ per US$ of GDP 5
2000s 0.0161 current US$ per US$ of GDP 0.0029 current US$ per US$ of GDP 0.0324 current US$ per US$ of GDP 9
2010s 0.0206 current US$ per US$ of GDP 0.0112 current US$ per US$ of GDP 0.0313 current US$ per US$ of GDP 10
2020s 0.0151 current US$ per US$ of GDP 0.0108 current US$ per US$ of GDP 0.0281 current US$ per US$ of GDP 5

Countries ranked near Nigeria

  1. 77 Denmark 0.0289 current US$ per US$ of GDP compare
  2. 78 New Caledonia 0.0289 current US$ per US$ of GDP compare
  3. 79 Croatia 0.0288 current US$ per US$ of GDP compare
  4. 81 Bahamas 0.0279 current US$ per US$ of GDP compare
  5. 82 Switzerland 0.0277 current US$ per US$ of GDP compare
  6. 83 Portugal 0.0271 current US$ per US$ of GDP compare

See the full ranking of 194 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, per unit in Nigeria?
Spending by a country’s residents while travelling abroad, per unit in Nigeria was 0.0281 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest spending by a country’s residents while travelling abroad, per unit recorded in Nigeria?
The highest recorded value was 0.0324 current US$ per US$ of GDP in 2008.
What is the lowest spending by a country’s residents while travelling abroad, per unit recorded in Nigeria?
The lowest recorded value was 0.0029 current US$ per US$ of GDP in 2005.
How does Nigeria rank for spending by a country’s residents while travelling abroad, per unit?
Nigeria ranks 80th out of 194 countries with data for 2024.
Is spending by a country’s residents while travelling abroad, per unit rising or falling in Nigeria?
Over the last ten years it is up 75.6%. The long-run trend across the full record is rising.
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, per unit of GDP. Statizoid updates them automatically from the source API.

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Spending by a country’s residents while travelling abroad, per unit 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-per-unit-of-gdp/nigeria/

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How this figure is calculated

Spending by a country’s residents while travelling abroad divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Spending by a country’s residents while travelling abroad ÷ GDP (current US$)

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, per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 4,539 data points, 1995–2024
Last refreshed

Spending by a country’s residents while travelling abroad divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.