Import value index in Nigeria
Nigeria: Import value index was 91.6 2015 = 100 in 2024. ▲ Rising
Import value index in Nigeria, 2005–2024
Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
The most recent figure for import value index in Nigeria is 91.6 2015 = 100, measured in 2024.
The figure is down 16.9% on the previous year and down 30.0% over ten years.
Over the whole period, import value index in Nigeria peaked at 134.7 2015 = 100 in 2022 and was at its lowest, 45.9 2015 = 100, in 2005.
That places Nigeria 182nd out of 204 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Import value index in Nigeria, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 45.9 2015 = 100 | — |
| 2006 | 59.2 2015 = 100 | +29.0% |
| 2007 | 77.8 2015 = 100 | +31.4% |
| 2008 | 112 2015 = 100 | +44.0% |
| 2009 | 75.5 2015 = 100 | -32.6% |
| 2010 | 98.9 2015 = 100 | +31.0% |
| 2011 | 125.4 2015 = 100 | +26.8% |
| 2012 | 113.9 2015 = 100 | -9.2% |
| 2013 | 125.3 2015 = 100 | +10.0% |
| 2014 | 130.8 2015 = 100 | +4.4% |
| 2015 | 100 2015 = 100 | -23.5% |
| 2016 | 79.4 2015 = 100 | -20.6% |
| 2017 | 70.2 2015 = 100 | -11.6% |
| 2018 | 96.1 2015 = 100 | +36.9% |
| 2019 | 123.8 2015 = 100 | +28.8% |
| 2020 | 80.2 2015 = 100 | -35.2% |
| 2021 | 115.9 2015 = 100 | +44.5% |
| 2022 | 134.7 2015 = 100 | +16.2% |
| 2023 | 110.2 2015 = 100 | -18.2% |
| 2024 | 91.6 2015 = 100 | -16.9% |
Nigeria compared with similar countries
- Nigeria's 91.6 2015 = 100 is below the median for lower middle income countries, which is 148.6 2015 = 100, 62% of the median. (47 countries reporting)
- Nigeria's 91.6 2015 = 100 is below the median for Sub-Saharan Africa, which is 136.5 2015 = 100, 67% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 74.08 2015 = 100 | 45.9 2015 = 100 | 112 2015 = 100 | 5 |
| 2010s | 106.38 2015 = 100 | 70.2 2015 = 100 | 130.8 2015 = 100 | 10 |
| 2020s | 106.52 2015 = 100 | 80.2 2015 = 100 | 134.7 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 value index in Nigeria?
- Import value index in Nigeria was 91.6 2015 = 100 in 2024, according to UN Conference on Trade and Development (UNCTAD).
- What is the highest import value index recorded in Nigeria?
- The highest recorded value was 134.7 2015 = 100 in 2022.
- What is the lowest import value index recorded in Nigeria?
- The lowest recorded value was 45.9 2015 = 100 in 2005.
- How does Nigeria rank for import value index?
- Nigeria ranks 182nd out of 204 countries with data for 2024.
- Is import value index rising or falling in Nigeria?
- Over the last ten years it is down 30.0%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from UN Conference on Trade and Development (UNCTAD), published as part of Import value index (2015 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's import value indexes are reported for most economies.