home
docs

Nigeria Net exports of goods and services (% of GDP) 1960: Interactive Chart & Historical Data

Net exports of goods and services (% of GDP) in Nigeria stood at -7.68% of GDP in 1960, according to Calculation: Export-Import. Nigeria ranked 46th highest of the 57 countries in this dataset in 1960; Malaysia ranked first.

Data source: Calculation: Export-Import · Unit: % of GDP · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1960–1960
Read full description

What is Net exports of goods and services (% of GDP)?

Net exports of goods and services (% of GDP), measured in % of GDP, measures the total economic output of Nigeria. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Nigeria, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Net exports of goods and services (% of GDP) in Nigeria?

Net exports of goods and services (% of GDP) in Nigeria stood at -7.68% of GDP in 1960, according to Calculation: Export-Import.

How does Nigeria rank for Net exports of goods and services (% of GDP)?

Nigeria ranked 46th highest of the 57 countries in this dataset in 1960; Malaysia ranked first.

Metadata for Net exports of goods and services (% of GDP) in Nigeria
IndicatorNet exports of goods and services (% of GDP)
CountryNigeria
CategoryMacroeconomics
Unit% of GDP
SourceCalculation: Export-Import
Interactive chartView on EconDash
API accessEconDash API documentation

Last available value: -7.68% of GDP (1960)

Latest data for Nigeria: 1960. Other countries in this series have data up to 2025.

Loading chart...

Source:World Bank via Calculation: Export-Import — series NE.RSB.GNFS.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Net exports of goods and services (% of GDP) — Nigeria [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/gdp-net-exports-percent/NGA. Original source: https://data.worldbank.org/indicator/NE.RSB.GNFS.ZS

MLA

World Bank. "Net exports of goods and services (% of GDP) — Nigeria." EconDash, 2026, https://econdash.org/chart/gdp-net-exports-percent/NGA. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/NE.RSB.GNFS.ZS.

Chicago

World Bank. 2026. "Net exports of goods and services (% of GDP) — Nigeria." EconDash. Accessed November 13, 2026. https://econdash.org/chart/gdp-net-exports-percent/NGA. Original source: https://data.worldbank.org/indicator/NE.RSB.GNFS.ZS.

BibTeX
@misc{econdash_gdp_net_exports_percent_nga,
  author = {{World Bank}},
  title = {{Net exports of goods and services (\% of GDP) --- Nigeria}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/gdp-net-exports-percent/NGA},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/NE.RSB.GNFS.ZS}
}