Import unit value index in Nigeria
Nigeria: Import unit value index was 126.5 2015 = 100 in 2024. ▲ Rising
Import unit value index in Nigeria, 1980–2024
Source: Handbook of Statistics and data files., UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
In 2024, import unit value index in Nigeria stood at 126.5 2015 = 100.
That represents a change of down 4.1% on the previous year and up 11.5% over ten years.
Over the whole period, import unit value index in Nigeria peaked at 142.7 2015 = 100 in 2022 and was at its lowest, 15.7 2015 = 100, in 1984.
Nigeria ranks 113th of 207 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Import unit value index in Nigeria, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 1980 | 34.2 2015 = 100 | — |
| 1981 | 35.6 2015 = 100 | +4.1% |
| 1982 | 31.3 2015 = 100 | -12.1% |
| 1983 | 20.6 2015 = 100 | -34.2% |
| 1984 | 15.7 2015 = 100 | -23.8% |
| 1985 | 16.4 2015 = 100 | +4.5% |
| 1986 | 26.3 2015 = 100 | +60.4% |
| 1987 | 52 2015 = 100 | +97.7% |
| 1988 | 45.6 2015 = 100 | -12.3% |
| 1989 | 49.8 2015 = 100 | +9.2% |
| 1990 | 61.9 2015 = 100 | +24.3% |
| 1991 | 58.4 2015 = 100 | -5.7% |
| 1992 | 87.6 2015 = 100 | +50.0% |
| 1993 | 71.9 2015 = 100 | -17.9% |
| 1994 | 69.8 2015 = 100 | -2.9% |
| 1995 | 76.9 2015 = 100 | +10.2% |
| 1996 | 59.8 2015 = 100 | -22.2% |
| 1997 | 75.5 2015 = 100 | +26.3% |
| 1998 | 69.8 2015 = 100 | -7.5% |
| 1999 | 70.5 2015 = 100 | +1.0% |
| 2000 | 71.2 2015 = 100 | +1.0% |
| 2001 | 69.4 2015 = 100 | -2.5% |
| 2002 | 69 2015 = 100 | -0.6% |
| 2003 | 72.8 2015 = 100 | +5.5% |
| 2004 | 80.2 2015 = 100 | +10.2% |
| 2005 | 85.9 2015 = 100 | +7.1% |
| 2006 | 91 2015 = 100 | +5.9% |
| 2007 | 97.7 2015 = 100 | +7.4% |
| 2008 | 109.7 2015 = 100 | +12.3% |
| 2009 | 98.7 2015 = 100 | -10.0% |
| 2010 | 104.9 2015 = 100 | +6.3% |
| 2011 | 117.5 2015 = 100 | +12.0% |
| 2012 | 116.3 2015 = 100 | -1.0% |
| 2013 | 114.6 2015 = 100 | -1.5% |
| 2014 | 113.5 2015 = 100 | -1.0% |
| 2015 | 100 2015 = 100 | -11.9% |
| 2016 | 96.8 2015 = 100 | -3.2% |
| 2017 | 102.2 2015 = 100 | +5.6% |
| 2018 | 108.4 2015 = 100 | +6.1% |
| 2019 | 105 2015 = 100 | -3.1% |
| 2020 | 100.4 2015 = 100 | -4.4% |
| 2021 | 117.5 2015 = 100 | +17.0% |
| 2022 | 142.7 2015 = 100 | +21.4% |
| 2023 | 131.9 2015 = 100 | -7.6% |
| 2024 | 126.5 2015 = 100 | -4.1% |
Nigeria compared with similar countries
- Nigeria's 126.5 2015 = 100 is below the median for lower middle income countries, which is 129.5 2015 = 100, 98% of the median. (47 countries reporting)
- Nigeria's 126.5 2015 = 100 is below the median for Sub-Saharan Africa, which is 127 2015 = 100, 100% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Import unit value index 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.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +97.7% | 26.3 2015 = 100 | 52 2015 = 100 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 32.75 2015 = 100 | 15.7 2015 = 100 | 52 2015 = 100 | 10 |
| 1990s | 70.21 2015 = 100 | 58.4 2015 = 100 | 87.6 2015 = 100 | 10 |
| 2000s | 84.56 2015 = 100 | 69 2015 = 100 | 109.7 2015 = 100 | 10 |
| 2010s | 107.92 2015 = 100 | 96.8 2015 = 100 | 117.5 2015 = 100 | 10 |
| 2020s | 123.8 2015 = 100 | 100.4 2015 = 100 | 142.7 2015 = 100 | 5 |
Countries ranked near Nigeria
More private sector data for Nigeria
- Merchandise trade 33.3% (2025)
- Food imports 11.0% (2024)
- Manufactures imports 46.0% (2024)
- Merchandise imports 41.45 billion current US$ (2025)
- Food exports 6.0% (2024)
- Manufactures exports 3.5% (2024)
- Merchandise exports 55.47 billion current US$ (2025)
- Merchandise exports (current US$), per capita 233.52 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1907 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 4.03 % change on previous year (2025)
Frequently asked questions
- What is import unit value index in Nigeria?
- Import unit value index in Nigeria was 126.5 2015 = 100 in 2024, according to Handbook of Statistics and data files., UN Conference on Trade and Development (UNCTAD).
- What is the highest import unit value index recorded in Nigeria?
- The highest recorded value was 142.7 2015 = 100 in 2022.
- What is the lowest import unit value index recorded in Nigeria?
- The lowest recorded value was 15.7 2015 = 100 in 1984.
- How does Nigeria rank for import unit value index?
- Nigeria ranks 113th out of 207 countries with data for 2024.
- Is import unit value index rising or falling in Nigeria?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from Handbook of Statistics and data files., UN Conference on Trade and Development (UNCTAD), published as part of Import unit value index (2015 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Import unit value indices come from UNCTAD's trade database. Unit value indices are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD’s estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, international and national sources, and UNCTAD secretariat estimates. This indicator is an index series where 2015=100.