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Historical Values
Year Value
1990 $20.6 million (1988)
1991 $20.6 million, 0.9% of GDP (1988)
1992 exchange rate conversion - $27 million, 1.3% of GDP (1989)
1993 exchange rate conversion - $27 million, 1.3% of GDP (1989)
1994 exchange rate conversion - $27 million, 1.3% of GDP (1989)
1995 exchange rate conversion - $32 million, 1.3% of GDP (FY92/93) NIGERIA
1996 exchange rate conversion - $32 million, 1.3% of GDP (FY92/93)
1997 1.3% (FY92/93)
1998 1.3% (FY92/93)
1999 1.1% (FY96/97)
2000 1.1% (FY96)
2001 1.1% (FY96)
2002 1.3% (FY01)
2003 1.1% (FY02)
2004 1.1% (2003)
2005 1.1% (2004)
2006 1.4% (2005 est.)
2007 1.3% (2006)
2008 1.3% of GDP (2006)
2009 1.3% of GDP (2006) country comparison to the world: 122
2010 1.3% of GDP (2006) country comparison to the world: 117
2011 1.3% of GDP (2006) country comparison to the world: 113
2012 1.3% of GDP (2006) country comparison to the world: 112
2013 0.9% of GDP (2012) country comparison to the world: 132
2014 1.06% of GDP (2012) country comparison to the world: 96 NA% (2011) 1.06% of GDP (2010)
2015 1.06% of GDP (2012) | NA% (2011) | 1.06% of GDP (2010) | country comparison to the world: 95
2016 1.06% of GDP (2012) | NA% (2011) | 1.06% of GDP (2010) | country comparison to the world: 95
2017 4% of GDP (2016) | 5.46% of GDP (2015) | 3.45% of GDP (2014) | 1.06% of GDP (2012) | 1.31% of GDP (2011) | country comparison to the world: 95
2018 4% of GDP (2016) | 5.46% of GDP (2015) | 3.45% of GDP (2014) | 1.06% of GDP (2012) | 1.31% of GDP (2011)
2019 2.45% of GDP (2018) | 2.47% of GDP (2017) | 2.22% of GDP (2016) | 1.78% of GDP (2014) | 1.38% of GDP (2013)
2020 1.8% of GDP (2019) | 2.5% of GDP (2018) | 2.5% of GDP (2017) | 2.2% of GDP (2016)
2021 2.1% of GDP (2020 est.) 1.8% of GDP (2019) 2.5% of GDP (2018) 2.5% of GDP (2017) 2.2% of GDP (2016)
2022 1.8% of GDP (2021 est.) 2% of GDP (2020 est.) 1.7% of GDP (2019 est.) (approximately $260 million) 1.9% of GDP (2018 est.) (approximately $270 million) 2% of GDP (2017 est.) (approximately $270 million)
2023 1.7% of GDP (2022 est.) 1.8% of GDP (2021 est.) 2% of GDP (2020 est.) 1.7% of GDP (2019 est.) 1.9% of GDP (2018 est.)
2024 2% of GDP (2023 est.) 1.7% of GDP (2022 est.) 1.8% of GDP (2021 est.) 2% of GDP (2020 est.) 1.7% of GDP (2019 est.)
2025 2.2% of GDP (2024 est.) 2% of GDP (2023 est.) 1.7% of GDP (2022 est.) 1.8% of GDP (2021 est.) 2% of GDP (2020 est.)