Merchandise imports from low- and middle-income economies in Europe & in Nigeria

Nigeria: Merchandise imports from low- and middle-income economies in Europe & was 1.4% in 2023. ◆ Volatile

Latest (2023)
1.4%
Change on year
down 38.3%
World rank
117th
of 206 countries
All-time high
2.6%
in 2021
All-time low
0.0%
in 1978
Years of data
54
1967–2023

Merchandise imports from low- and middle-income economies in Europe & in Nigeria, 1967–2023

0123196719952023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.

Analysis

The most recent figure for merchandise imports from low- and middle-income economies in europe & in Nigeria is 1.4%, measured in 2023.

That represents a change of down 38.3% on the previous year and down 28.3% over ten years.

Over the whole period, merchandise imports from low- and middle-income economies in europe & in Nigeria peaked at 2.6% in 2021 and was at its lowest, 0.0%, in 1978.

That places Nigeria 117th 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 from low- and middle-income economies in Europe & in Nigeria, year by year

Annual values for Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in Nigeria, 1967 to 2023.
Year % of total merchandise imports Change
1967 0.1%
1969 0.0% -38.6%
1970 0.0% -35.0%
1971 0.2% +1105.0%
1972 0.3% +22.9%
1973 0.3% -1.3%
1974 0.0% -85.7%
1975 0.1% +68.0%
1976 0.0% -41.0%
1977 0.1% +27.4%
1978 0.0% -92.3%
1979 0.0% +52.1%
1981 0.1% +1181.5%
1982 0.2% +179.7%
1983 0.1% -59.4%
1984 0.0% -92.0%
1985 0.0% +336.3%
1986 0.1% +62.2%
1987 0.1% +0.0%
1988 0.1% +64.1%
1989 0.1% +42.1%
1990 0.1% -55.4%
1991 0.1% +52.2%
1993 0.0% -53.6%
1994 0.2% +326.0%
1995 0.3% +92.6%
1996 0.3% -13.1%
1997 2.2% +695.5%
1998 2.3% +6.8%
1999 2.0% -12.5%
2000 0.6% -68.3%
2001 0.9% +38.4%
2002 0.8% -10.7%
2003 1.9% +136.4%
2004 1.9% +0.2%
2005 1.9% +0.0%
2006 1.9% +1.9%
2007 1.9% -1.2%
2008 1.9% -0.8%
2009 1.9% +2.2%
2010 1.9% +0.6%
2011 2.0% +0.4%
2012 1.9% -2.7%
2013 1.9% -0.0%
2014 1.9% -0.0%
2015 1.9% -0.0%
2016 1.9% -0.0%
2017 1.8% -3.2%
2018 1.9% +3.3%
2019 1.9% -0.0%
2020 1.6% -13.4%
2021 2.6% +55.1%
2022 2.2% -13.4%
2023 1.4% -38.3%

Nigeria compared with similar countries

  • Nigeria's 1.4% is below the median for lower middle income countries, which is 1.7%, 81% of the median. (47 countries reporting)
  • Nigeria's 1.4% is below the median for Sub-Saharan Africa, which is 1.8%, 78% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Merchandise imports from low- and middle-income economies in Europe & 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
1981 +1181.5% 0.0% 0.1%
1971 +1105.0% 0.0% 0.2%
1997 +695.5% 0.3% 2.2%
1985 +336.3% 0.0% 0.0%
1994 +326.0% 0.0% 0.2%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0% 0.0% 0.1% 2
1970s 0.1% 0.0% 0.3% 10
1980s 0.1% 0.0% 0.2% 9
1990s 0.8% 0.0% 2.3% 9
2000s 1.6% 0.6% 1.9% 10
2010s 1.9% 1.8% 2.0% 10
2020s 1.9% 1.4% 2.6% 4

Countries ranked near Nigeria

  1. 114 Congo, Democratic Republic of the 1.4% compare
  2. 115 Norway 1.4% compare
  3. 116 Denmark 1.4% compare
  4. 118 Belgium 1.4% compare
  5. 119 Oman 1.4% compare
  6. 120 Central African Republic 1.3% compare

See the full ranking of 253 places →

More private sector data for Nigeria

All data for Nigeria →

Frequently asked questions

What is merchandise imports from low- and middle-income economies in europe & in Nigeria?
Merchandise imports from low- and middle-income economies in europe & in Nigeria was 1.4% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports from low- and middle-income economies in europe & recorded in Nigeria?
The highest recorded value was 2.6% in 2021.
What is the lowest merchandise imports from low- and middle-income economies in europe & recorded in Nigeria?
The lowest recorded value was 0.0% in 1978.
How does Nigeria rank for merchandise imports from low- and middle-income economies in europe &?
Nigeria ranks 117th out of 206 countries with data for 2023.
Is merchandise imports from low- and middle-income economies in europe & rising or falling in Nigeria?
Over the last ten years it is down 28.3%. 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 from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports). Statizoid updates them automatically from the source API.

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Merchandise imports from low- and middle-income economies in Europe & in Nigeria. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 16 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-low-and-middle-income-economies-in-europe-and-central-asia/nigeria/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 11,208 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.