Merchandise imports by the reporting economy, residual in Nigeria
Nigeria: Merchandise imports by the reporting economy, residual was 0.0% in 2023. ◆ Volatile
Merchandise imports by the reporting economy, residual in Nigeria, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports by the reporting economy, residual in Nigeria is 0.0%, measured in 2023.
Compared with earlier readings it is up 27,717.3% over ten years.
Over the whole period, merchandise imports by the reporting economy, residual in Nigeria peaked at 1.2% in 1964 and was at its lowest, -0.0%, in 1987.
That places Nigeria 77th out of 206 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy, residual in Nigeria, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 0.0% | — |
| 1961 | 0.0% | — |
| 1962 | 0.9% | — |
| 1963 | 0.7% | -23.7% |
| 1964 | 1.2% | +73.9% |
| 1965 | 0.6% | -51.4% |
| 1966 | 0.1% | -75.4% |
| 1967 | 0.6% | +286.3% |
| 1968 | 0.4% | -37.6% |
| 1969 | 0.2% | -50.8% |
| 1970 | 0.1% | -46.8% |
| 1971 | 0.0% | -69.4% |
| 1972 | 0.0% | +50.0% |
| 1973 | 0.0% | -45.6% |
| 1974 | 0.0% | -32.6% |
| 1975 | 0.1% | +779.1% |
| 1976 | 0.0% | -78.4% |
| 1977 | 0.0% | -100.0% |
| 1978 | 0.0% | — |
| 1979 | 0.0% | — |
| 1981 | 0.0% | +63.6% |
| 1982 | 0.0% | -100.0% |
| 1983 | 0.0% | — |
| 1984 | 0.0% | — |
| 1985 | 0.0% | -32.7% |
| 1986 | 0.0% | -100.0% |
| 1987 | -0.0% | -364.7% |
| 1988 | 0.0% | -4965511441872.1% |
| 1989 | 0.0% | -61.0% |
| 1990 | 0.0% | -45.9% |
| 1991 | 0.0% | +721.7% |
| 1992 | -0.0% | -100.0% |
| 1993 | -0.0% | +4.4% |
| 1994 | 0.0% | -121.2% |
| 1995 | 0.2% | +1078467540281712.2% |
| 1996 | 0.0% | -82.2% |
| 1997 | 0.1% | +249.2% |
| 1998 | 0.0% | -99.7% |
| 1999 | 0.0% | -100.0% |
| 2000 | 0.0% | +20336544102153.8% |
| 2001 | 0.0% | +143.6% |
| 2002 | 0.0% | -94.5% |
| 2003 | 0.0% | -5.0% |
| 2004 | 0.0% | -99.8% |
| 2005 | 0.0% | +0.0% |
| 2006 | 0.0% | +2.1% |
| 2007 | 0.0% | -1.1% |
| 2008 | 0.0% | -0.9% |
| 2009 | 0.0% | +2.1% |
| 2010 | 0.0% | +0.5% |
| 2011 | 0.0% | +0.4% |
| 2012 | 0.0% | -3.0% |
| 2013 | 0.0% | -0.0% |
| 2014 | 0.0% | +0.0% |
| 2015 | 0.0% | -0.0% |
| 2016 | 0.0% | +0.0% |
| 2017 | 0.0% | -3.2% |
| 2018 | 0.0% | +3.3% |
| 2019 | 0.0% | +0.1% |
| 2020 | 0.0% | +9099.5% |
| 2021 | 0.0% | +106.7% |
| 2022 | 0.0% | -100.0% |
| 2023 | 0.0% | — |
Nigeria compared with similar countries
- Nigeria's 0.0% is above the median for lower middle income countries, which is 0.0%, 71.4× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports by the reporting economy, residual 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 |
|---|---|---|---|
| 1995 | +1078467540281712.2% | 0.0% | 0.2% |
| 2000 | +20336544102153.8% | 0.0% | 0.0% |
| 1988 | +4965511441872.1% | -0.0% | 0.0% |
| 2020 | +9099.5% | 0.0% | 0.0% |
| 1975 | +779.1% | 0.0% | 0.1% |
| 1991 | +721.7% | 0.0% | 0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.5% | 0.0% | 1.2% | 10 |
| 1970s | 0.0% | 0.0% | 0.1% | 10 |
| 1980s | 0.0% | -0.0% | 0.0% | 9 |
| 1990s | 0.0% | -0.0% | 0.2% | 10 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 4 |
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 merchandise imports by the reporting economy, residual in Nigeria?
- Merchandise imports by the reporting economy, residual in Nigeria was 0.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy, residual recorded in Nigeria?
- The highest recorded value was 1.2% in 1964.
- What is the lowest merchandise imports by the reporting economy, residual recorded in Nigeria?
- The lowest recorded value was -0.0% in 1987.
- How does Nigeria rank for merchandise imports by the reporting economy, residual?
- Nigeria ranks 77th out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy, residual rising or falling in Nigeria?
- Over the last ten years it is up 27,717.3%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports by the reporting economy, residual (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports by the reporting economy residuals are the total merchandise imports by the reporting economy from the rest of the world as reported in the IMF's Direction of trade database, less the sum of imports by the reporting economy from high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise imports by the economy.