Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Nigeria's terms of trade stands at 127.1 as of 2024-12-31, down from 127.4 in 2023. Historical data runs from 2005 to 2024 (20 observations).
In 2024, Nigeria's terms of trade was 127.1, down from 127.4 in 2023.
In 2023, Nigeria's terms of trade was 127.4, down from 146.9 in 2022.
In 2022, Nigeria's terms of trade was 146.9, up from 120.7 in 2021.
In 2021, Nigeria's terms of trade was 120.7, up from 78.8 in 2020.
In 2020, Nigeria's terms of trade was 78.8, down from 105.4 in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 127.1 | -0.3 |
| 2023 | 127.4 | -19.5 |
| 2022 | 146.9 | +26.2 |
| 2021 | 120.7 | +41.9 |
| 2020 | 78.8 | -26.6 |
| 2019 | 105.4 | -9.4 |
| 2018 | 114.8 | +14.5 |
| 2017 | 100.3 | +11.5 |
| 2016 | 88.8 | -11.2 |
| 2015 | 100 | -46.2 |
| 2014 | 146.2 | -7.9 |
| 2013 | 154.1 | +1.1 |
| 2012 | 153 | +1 |
| 2011 | 152 | +19.4 |
| 2010 | 132.6 | +19.6 |
| 2009 | 113 | -42.1 |
| 2008 | 155.1 | +19.6 |
| 2007 | 135.5 | +3.7 |
| 2006 | 131.8 | +11.3 |
| 2005 | 120.5 | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Nigeria's terms of trade is 127.1 as of 2024-12-31, compared with 127.4 in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 155.1 (2008); the lowest is 78.8 (2020), across data from 2005 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.