Merchandise exports (current US$), annual growth rate in Nigeria

Nigeria: Merchandise exports (current US$), annual growth rate was 4.03 % change on previous year in 2025. ◆ Volatile

Latest (2025)
4.03 % change on previous year
Change on year
up 219.4%
World rank
113th
of 205 countries
All-time high
165.89 % change on previous year
in 1974
All-time low
-58.92 % change on previous year
in 1986
Years of data
65
1961–2025

Merchandise exports (current US$), annual growth rate in Nigeria, 1961–2025

-50050100150196119932025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Nigeria recorded 4.03 % change on previous year for merchandise exports (current us$), annual growth rate in 2025.

The figure is up 219.4% on the previous year and up 107.9% over ten years.

Over the whole period, merchandise exports (current us$), annual growth rate in Nigeria peaked at 165.89 % change on previous year in 1974 and was at its lowest, -58.92 % change on previous year, in 1986.

Nigeria ranks 113th of 205 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 (current US$), annual growth rate in Nigeria, year by year

Annual values for Merchandise exports (current US$), annual growth rate in Nigeria, 1961 to 2025.
Year % change on previous year Change
1961 5.19 % change on previous year —
1962 -3.7 % change on previous year -171.3%
1963 11.11 % change on previous year -400.0%
1964 15.58 % change on previous year +40.2%
1965 24.63 % change on previous year +58.1%
1966 6.28 % change on previous year -74.5%
1967 -14.95 % change on previous year -338.2%
1968 -12.7 % change on previous year -15.0%
1969 50.76 % change on previous year -499.6%
1970 39.17 % change on previous year -22.8%
1971 46.37 % change on previous year +18.4%
1972 20.11 % change on previous year -56.6%
1973 58.81 % change on previous year +192.4%
1974 165.89 % change on previous year +182.1%
1975 -14.89 % change on previous year -109.0%
1976 34.87 % change on previous year -334.1%
1977 12.05 % change on previous year -65.5%
1978 -16.06 % change on previous year -233.3%
1979 74.42 % change on previous year -563.5%
1980 49.81 % change on previous year -33.1%
1981 -31.28 % change on previous year -162.8%
1982 -31.72 % change on previous year +1.4%
1983 -15 % change on previous year -52.7%
1984 14.47 % change on previous year -196.5%
1985 5.84 % change on previous year -59.7%
1986 -58.92 % change on previous year -1109.4%
1987 42.87 % change on previous year -172.8%
1988 -6.65 % change on previous year -115.5%
1989 45.45 % change on previous year -783.2%
1990 35.96 % change on previous year -20.9%
1991 -9.8 % change on previous year -127.2%
1992 -3.08 % change on previous year -68.5%
1993 -16.64 % change on previous year +439.9%
1994 -4.98 % change on previous year -70.1%
1995 31.09 % change on previous year -724.8%
1996 30.88 % change on previous year -0.7%
1997 -5.86 % change on previous year -119.0%
1998 -35.19 % change on previous year +500.9%
1999 40.6 % change on previous year -215.4%
2000 51.38 % change on previous year +26.6%
2001 -13.97 % change on previous year -127.2%
2002 -0.3879 % change on previous year -97.2%
2003 33.69 % change on previous year -8785.1%
2004 60.75 % change on previous year +80.3%
2005 30.64 % change on previous year -49.6%
2006 16.37 % change on previous year -46.6%
2007 13.42 % change on previous year -18.0%
2008 29.53 % change on previous year +120.1%
2009 -34.23 % change on previous year -215.9%
2010 48.04 % change on previous year -240.3%
2011 38.1 % change on previous year -20.7%
2012 -1.12 % change on previous year -102.9%
2013 -21.05 % change on previous year +1778.4%
2014 13.85 % change on previous year -165.8%
2015 -51.29 % change on previous year -470.3%
2016 -33.68 % change on previous year -34.3%
2017 33.53 % change on previous year -199.5%
2018 36.16 % change on previous year +7.8%
2019 3.28 % change on previous year -90.9%
2020 -43.01 % change on previous year -1412.7%
2021 31.53 % change on previous year -173.3%
2022 34.57 % change on previous year +9.6%
2023 -12.51 % change on previous year -136.2%
2024 -3.37 % change on previous year -73.0%
2025 4.03 % change on previous year -219.4%

Nigeria compared with similar countries

  • Nigeria's 4.03 % change on previous year is below the median for lower middle income countries, which is 9.15 % change on previous year, 44% of the median. (46 countries reporting)
  • Nigeria's 4.03 % change on previous year is below the median for Sub-Saharan Africa, which is 7.35 % change on previous year, 55% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Merchandise exports (current US$), annual growth rate 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.

YearChange FromTo
2003 +8785.1% -0.3879 % change on previous year 33.69 % change on previous year
2013 -1778.4% -1.12 % change on previous year -21.05 % change on previous year
2020 -1412.7% 3.28 % change on previous year -43.01 % change on previous year
1986 -1109.4% 5.84 % change on previous year -58.92 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 9.13 % change on previous year -14.95 % change on previous year 50.76 % change on previous year 9
1970s 42.07 % change on previous year -16.06 % change on previous year 165.89 % change on previous year 10
1980s 1.49 % change on previous year -58.92 % change on previous year 49.81 % change on previous year 10
1990s 6.3 % change on previous year -35.19 % change on previous year 40.6 % change on previous year 10
2000s 18.72 % change on previous year -34.23 % change on previous year 60.75 % change on previous year 10
2010s 6.58 % change on previous year -51.29 % change on previous year 48.04 % change on previous year 10
2020s 1.87 % change on previous year -43.01 % change on previous year 34.57 % change on previous year 6

Countries ranked near Nigeria

  1. 110 Japan 4.43 % change on previous year compare
  2. 111 Turkey 4.42 % change on previous year compare
  3. 112 Kenya 4.42 % change on previous year compare
  4. 114 Vanuatu 4 % change on previous year compare
  5. 115 Turkmenistan 3.92 % change on previous year compare
  6. 116 Spain 3.87 % change on previous year compare

See the full ranking of 252 places →

More private sector data for Nigeria

All data for Nigeria →

Frequently asked questions

What is merchandise exports (current us$), annual growth rate in Nigeria?
Merchandise exports (current us$), annual growth rate in Nigeria was 4.03 % change on previous year in 2025, according to Statizoid (derived).
What is the highest merchandise exports (current us$), annual growth rate recorded in Nigeria?
The highest recorded value was 165.89 % change on previous year in 1974.
What is the lowest merchandise exports (current us$), annual growth rate recorded in Nigeria?
The lowest recorded value was -58.92 % change on previous year in 1986.
How does Nigeria rank for merchandise exports (current us$), annual growth rate?
Nigeria ranks 113th out of 205 countries with data for 2025.
Is merchandise exports (current us$), annual growth rate rising or falling in Nigeria?
Over the last ten years it is up 107.9%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Merchandise exports (current US$), annual growth rate in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 04 October 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-current-us-annual-growth-rate/nigeria/

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How this figure is calculated

The year-on-year percentage change in Merchandise exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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 (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
252 places, 14,588 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Merchandise exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.