How does Nigeria rank for merchandise exports by the reporting economy (current us$), per unit?

Nigeria ranks 133rd out of 202 countries with data for 2023.

Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Nigeria?

Over the last ten years it is down 40.2%. The long-run trend across the full record is volatile.

Merchandise exports by the reporting economy (current US$), per unit in Nigeria

Name: Merchandise exports by the reporting economy (current US$), per unit in Nigeria
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Nigeria: Merchandise exports by the reporting economy (current US$), per unit was 0.1291 current US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)

0.1291 current US$ per US$ of GDP

Change on year

down 1.0%

World rank

133rd

of 202 countries

All-time high

0.4088 current US$ per US$ of GDP

in 2005

All-time low

0.0516 current US$ per US$ of GDP

in 1998

Years of data

1960–2023

Merchandise exports by the reporting economy (current US$), per unit in Nigeria, 1960–2023

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

In 2023, merchandise exports by the reporting economy (current us$), per unit in Nigeria stood at 0.1291 current US$ per US$ of GDP.

Compared with earlier readings it is down 1.0% on the previous year and down 40.2% over ten years.

Over the whole period, merchandise exports by the reporting economy (current us$), per unit in Nigeria peaked at 0.4088 current US$ per US$ of GDP in 2005 and was at its lowest, 0.0516 current US$ per US$ of GDP, in 1998.

Nigeria ranks 133rd of 202 countries on this measure, in the middle of the range.

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

Merchandise exports by the reporting economy (current US$), per unit in Nigeria, year by year

Annual values for Merchandise exports by the reporting economy (current US$), per unit of GDP in Nigeria, 1960 to 2023.
Year	current US$ per US$ of GDP	Change
1960	0.0983 current US$ per US$ of GDP	—
1961	0.0974 current US$ per US$ of GDP	-0.9%
1962	0.0928 current US$ per US$ of GDP	-4.8%
1963	0.099 current US$ per US$ of GDP	+6.7%
1964	0.1026 current US$ per US$ of GDP	+3.7%
1965	0.1212 current US$ per US$ of GDP	+18.1%
1966	0.1172 current US$ per US$ of GDP	-3.3%
1967	0.1239 current US$ per US$ of GDP	+5.7%
1968	0.1046 current US$ per US$ of GDP	-15.6%
1969	0.1248 current US$ per US$ of GDP	+19.3%
1970	0.0904 current US$ per US$ of GDP	-27.6%
1971	0.1822 current US$ per US$ of GDP	+101.5%
1972	0.1648 current US$ per US$ of GDP	-9.6%
1973	0.1975 current US$ per US$ of GDP	+19.8%
1974	0.3181 current US$ per US$ of GDP	+61.1%
1975	0.2407 current US$ per US$ of GDP	-24.3%
1976	0.229 current US$ per US$ of GDP	-4.9%
1977	0.2579 current US$ per US$ of GDP	+12.6%
1978	0.2498 current US$ per US$ of GDP	-3.1%
1979	0.3172 current US$ per US$ of GDP	+27.0%
1981	0.0907 current US$ per US$ of GDP	-71.4%
1982	0.0847 current US$ per US$ of GDP	-6.6%
1983	0.1018 current US$ per US$ of GDP	+20.2%
1984	0.1484 current US$ per US$ of GDP	+45.7%
1985	0.1764 current US$ per US$ of GDP	+18.9%
1986	0.0932 current US$ per US$ of GDP	-47.2%
1987	0.1381 current US$ per US$ of GDP	+48.2%
1988	0.1373 current US$ per US$ of GDP	-0.6%
1989	0.1846 current US$ per US$ of GDP	+34.5%
1990	0.1892 current US$ per US$ of GDP	+2.5%
1991	0.128 current US$ per US$ of GDP	-32.3%
1992	0.2354 current US$ per US$ of GDP	+83.9%
1993	0.2023 current US$ per US$ of GDP	-14.1%
1994	0.1391 current US$ per US$ of GDP	-31.2%
1995	0.0861 current US$ per US$ of GDP	-38.1%
1996	0.0864 current US$ per US$ of GDP	+0.3%
1997	0.0819 current US$ per US$ of GDP	-5.1%
1998	0.0516 current US$ per US$ of GDP	-37.0%
1999	0.2224 current US$ per US$ of GDP	+330.8%
2000	0.3902 current US$ per US$ of GDP	+75.4%
2001	0.2419 current US$ per US$ of GDP	-38.0%
2002	0.1923 current US$ per US$ of GDP	-20.5%
2003	0.3289 current US$ per US$ of GDP	+71.0%
2004	0.3595 current US$ per US$ of GDP	+9.3%
2005	0.4088 current US$ per US$ of GDP	+13.7%
2006	0.3553 current US$ per US$ of GDP	-13.1%
2007	0.3457 current US$ per US$ of GDP	-2.7%
2008	0.369 current US$ per US$ of GDP	+6.7%
2009	0.2408 current US$ per US$ of GDP	-34.7%
2010	0.2828 current US$ per US$ of GDP	+17.5%
2011	0.3359 current US$ per US$ of GDP	+18.8%
2012	0.2899 current US$ per US$ of GDP	-13.7%
2013	0.2159 current US$ per US$ of GDP	-25.5%
2014	0.1764 current US$ per US$ of GDP	-18.3%
2015	0.1117 current US$ per US$ of GDP	-36.7%
2016	0.0931 current US$ per US$ of GDP	-16.7%
2017	0.1316 current US$ per US$ of GDP	+41.4%
2018	0.157 current US$ per US$ of GDP	+19.3%
2019	0.0966 current US$ per US$ of GDP	-38.5%
2020	0.0593 current US$ per US$ of GDP	-38.6%
2021	0.0765 current US$ per US$ of GDP	+28.9%
2022	0.1304 current US$ per US$ of GDP	+70.4%
2023	0.1291 current US$ per US$ of GDP	-1.0%

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.1082 current US$ per US$ of GDP	0.0928 current US$ per US$ of GDP	0.1248 current US$ per US$ of GDP	10
1970s	0.2248 current US$ per US$ of GDP	0.0904 current US$ per US$ of GDP	0.3181 current US$ per US$ of GDP	10
1980s	0.1284 current US$ per US$ of GDP	0.0847 current US$ per US$ of GDP	0.1846 current US$ per US$ of GDP	9
1990s	0.1422 current US$ per US$ of GDP	0.0516 current US$ per US$ of GDP	0.2354 current US$ per US$ of GDP	10
2000s	0.3232 current US$ per US$ of GDP	0.1923 current US$ per US$ of GDP	0.4088 current US$ per US$ of GDP	10
2010s	0.1891 current US$ per US$ of GDP	0.0931 current US$ per US$ of GDP	0.3359 current US$ per US$ of GDP	10
2020s	0.0988 current US$ per US$ of GDP	0.0593 current US$ per US$ of GDP	0.1304 current US$ per US$ of GDP	4

Countries ranked near Nigeria

130 Fiji 0.1337 current US$ per US$ of GDP compare
131 Colombia 0.1334 current US$ per US$ of GDP compare
132 Cyprus 0.1297 current US$ per US$ of GDP compare
134 Uganda 0.1233 current US$ per US$ of GDP compare
135 India 0.1226 current US$ per US$ of GDP compare
136 Mauritius 0.1157 current US$ per US$ of GDP compare

See the full ranking of 249 places →

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)

All data for Nigeria →

Frequently asked questions

What is merchandise exports by the reporting economy (current us$), per unit in Nigeria?: Merchandise exports by the reporting economy (current us$), per unit in Nigeria was 0.1291 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest merchandise exports by the reporting economy (current us$), per unit recorded in Nigeria?: The highest recorded value was 0.4088 current US$ per US$ of GDP in 2005.
What is the lowest merchandise exports by the reporting economy (current us$), per unit recorded in Nigeria?: The lowest recorded value was 0.0516 current US$ per US$ of GDP in 1998.
How does Nigeria rank for merchandise exports by the reporting economy (current us$), per unit?: Nigeria ranks 133rd out of 202 countries with data for 2023.
Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Nigeria?: Over the last ten years it is down 40.2%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?: The figures come from Statizoid (derived), published as part of Merchandise exports by the reporting economy (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Merchandise exports by the reporting economy (current US$), per unit in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-by-the-reporting-economy-current-us-per-unit-of-gdp/nigeria/

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How this figure is calculated

Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Merchandise exports by the reporting economy (current US$) ÷ GDP (current US$)

Computed from

Merchandise exports by the reporting economy Staff estimates, World Bank (WB)
GDP Country official statistics, National Statistical Organizations and/or Central Banks

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator: Merchandise exports by the reporting economy (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 249 places, 12,888 data points, 1960–2023
Last refreshed: 21 August 2026

Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.