Nigeria - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Nigeria was 21.06 as of 2020. Its highest value over the past 60 years was 66.40 in 1980, while its lowest value was 16.77 in 1986.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
1960 25.40
1961 24.83
1962 21.12
1963 21.28
1964 23.63
1965 25.86
1966 23.78
1967 25.04
1968 21.75
1969 23.92
1970 18.32
1971 36.26
1972 30.02
1973 35.11
1974 48.20
1975 49.95
1976 51.72
1977 63.64
1978 62.31
1979 58.30
1980 66.40
1981 23.54
1982 19.78
1983 23.29
1984 28.88
1985 29.05
1986 16.77
1987 21.41
1988 23.35
1989 32.24
1990 35.57
1991 43.26
1992 42.18
1993 62.76
1994 47.37
1995 46.67
1996 44.23
1997 45.37
1998 34.92
1999 37.80
2000 42.76
2001 40.03
2002 26.76
2003 33.25
2004 38.71
2005 40.44
2006 36.11
2007 36.80
2008 40.13
2009 30.73
2010 35.48
2011 42.47
2012 36.38
2013 28.81
2014 29.52
2015 19.50
2016 17.01
2017 20.16
2018 26.07
2019 26.28
2020 21.06

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade