Spending by a countrys residents while travelling abroad in Nigeria

Nigeria: Spending by a countrys residents while travelling abroad was 7.10 billion in 2024. ◆ Volatile

Latest (2024)
7.10 billion
Change on year
up 2.0%
World rank
45th
of 199 countries
All-time high
16.41 billion
in 2019
All-time low
501.00 million
in 2005
Years of data
29
1995–2024

Spending by a countrys residents while travelling abroad in Nigeria, 1995–2024

05.0B10.0B15.0B1995200920241995: 938.0M1996: 1.3B1997: 1.8B1998: 1.6B1999: 640.0M2000: 610.0M2001: 858.0M2002: 910.0M2003: 2.1B2005: 501.0M2006: 3.5B2007: 6.7B2008: 11.0B2009: 6.2B2010: 8.3B2011: 9.5B2012: 9.2B2013: 9.2B2014: 9.2B2015: 9.0B2016: 4.5B2017: 8.2B2018: 13.2B2019: 16.4B2020: 6.6B2021: 6.8B2022: 7.0B2023: 7.0B2024: 7.1B

Source: Our World in Data.

Analysis

Nigeria recorded 7.10 billion for spending by a countrys residents while travelling abroad in 2024.

Compared with earlier readings it is up 2.0% on the previous year and down 22.9% over ten years.

Over the whole period, spending by a countrys residents while travelling abroad in Nigeria peaked at 16.41 billion in 2019 and was at its lowest, 501.00 million, in 2005.

That places Nigeria 45th out of 199 countries with data for 2024, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.26 billion 640.00 million 1.84 billion 5
2000s 3.60 billion 501.00 million 11.01 billion 9
2010s 9.68 billion 4.52 billion 16.41 billion 10
2020s 6.89 billion 6.61 billion 7.10 billion 5

Countries ranked near Nigeria

  1. 42 Portugal 8.49 billion compare
  2. 43 Turkey 8.41 billion compare
  3. 44 Finland 7.48 billion compare
  4. 46 Colombia 6.64 billion compare
  5. 47 Uzbekistan 5.68 billion compare
  6. 48 Bahrain 5.46 billion compare

See the full ranking of 199 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is spending by a countrys residents while travelling abroad in Nigeria?
Spending by a countrys residents while travelling abroad in Nigeria was 7.10 billion in 2024, according to Our World in Data.
What is the highest spending by a countrys residents while travelling abroad recorded in Nigeria?
The highest recorded value was 16.41 billion in 2019.
What is the lowest spending by a countrys residents while travelling abroad recorded in Nigeria?
The lowest recorded value was 501.00 million in 2005.
How does Nigeria rank for spending by a countrys residents while travelling abroad?
Nigeria ranks 45th out of 199 countries with data for 2024.
Is spending by a countrys residents while travelling abroad rising or falling in Nigeria?
Over the last ten years it is down 22.9%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Our World in Data, published as part of Spending by a countrys residents while travelling abroad. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Spending by a countrys residents while travelling abroad
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 4,611 data points, 1995–2024
Last refreshed