Imports by region of origin, annual growth rate in Nigeria

Nigeria: Imports by region of origin, annual growth rate was 57.97 % change on previous year in 2024. ◆ Volatile

Latest (2024)
57.97 % change on previous year
Change on year
up 61.5%
World rank
21st
of 210 countries
All-time high
96.11 % change on previous year
in 1992
All-time low
-53.13 % change on previous year
in 1986
Years of data
74
1949–2024

Imports by region of origin, annual growth rate in Nigeria, 1949–2024

-50050100194919862024

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

Analysis

Nigeria recorded 57.97 % change on previous year for imports by region of origin, annual growth rate in 2024.

The figure is up 61.5% on the previous year and up 17,128.2% over ten years.

Over the whole period, imports by region of origin, annual growth rate in Nigeria peaked at 96.11 % change on previous year in 1992 and was at its lowest, -53.13 % change on previous year, in 1986.

That places Nigeria 21st out of 210 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Imports by region of origin, annual growth rate in Nigeria, year by year

Annual values for Imports by region of origin, annual growth rate in Nigeria, 1949 to 2024.
Year % change on previous year Change
1949 -42.86 % change on previous year
1950 0 % change on previous year -100.0%
1951 32.69 % change on previous year
1952 46.38 % change on previous year +41.9%
1953 -22.44 % change on previous year -148.4%
1954 2.13 % change on previous year -109.5%
1955 -15 % change on previous year -805.0%
1956 11.27 % change on previous year -175.2%
1957 25.11 % change on previous year +122.7%
1958 13.38 % change on previous year -46.7%
1959 -6.21 % change on previous year -146.4%
1960 42.05 % change on previous year -777.1%
1961 10.49 % change on previous year -75.1%
1962 17.93 % change on previous year +71.0%
1963 10.2 % change on previous year -43.1%
1964 58.93 % change on previous year +477.9%
1965 0.4086 % change on previous year -99.3%
1966 28.69 % change on previous year +6921.3%
1967 -31.46 % change on previous year -209.7%
1968 -16.38 % change on previous year -47.9%
1969 26.62 % change on previous year -262.5%
1970 79.74 % change on previous year +199.5%
1971 33.94 % change on previous year -57.4%
1972 -22.04 % change on previous year -164.9%
1973 25.07 % change on previous year -213.8%
1974 80.28 % change on previous year +220.2%
1975 88.42 % change on previous year +10.1%
1976 32.79 % change on previous year -62.9%
1977 36.02 % change on previous year +9.9%
1978 7.42 % change on previous year -79.4%
1979 -19.35 % change on previous year -360.8%
1982 -25.19 % change on previous year +30.2%
1983 -35.65 % change on previous year +41.5%
1984 -30.08 % change on previous year -15.6%
1985 15.8 % change on previous year -152.5%
1986 -53.13 % change on previous year -436.3%
1987 14.96 % change on previous year -128.2%
1988 -11.46 % change on previous year -176.6%
1989 2.96 % change on previous year -125.8%
1990 -10.1 % change on previous year -441.1%
1991 50.33 % change on previous year -598.5%
1992 96.11 % change on previous year +91.0%
1993 -11.71 % change on previous year -112.2%
1994 -43.34 % change on previous year +270.3%
1995 17.27 % change on previous year -139.9%
1996 37.08 % change on previous year +114.7%
1997 1.3 % change on previous year -96.5%
1998 -2.89 % change on previous year -322.6%
1999 -20.74 % change on previous year +617.0%
2000 -2.31 % change on previous year -88.9%
2001 25.01 % change on previous year -1183.0%
2002 33.67 % change on previous year +34.6%
2003 92.18 % change on previous year +173.7%
2004 16.74 % change on previous year -81.8%
2005 24.91 % change on previous year +48.8%
2006 26.31 % change on previous year +5.6%
2007 16.1 % change on previous year -38.8%
2008 61.88 % change on previous year +284.4%
2009 -18.92 % change on previous year -130.6%
2010 15.32 % change on previous year -181.0%
2011 25.2 % change on previous year +64.5%
2012 -7.2 % change on previous year -128.6%
2013 10.56 % change on previous year -246.6%
2014 -0.3404 % change on previous year -103.2%
2015 -27.59 % change on previous year +8004.0%
2016 -22.1 % change on previous year -19.9%
2017 23.01 % change on previous year -204.1%
2018 14.24 % change on previous year -38.1%
2019 9.13 % change on previous year -35.9%
2020 -30.27 % change on previous year -431.7%
2021 -34.2 % change on previous year +13.0%
2022 -3.82 % change on previous year -88.8%
2023 35.89 % change on previous year -1038.4%
2024 57.97 % change on previous year +61.5%

Nigeria compared with similar countries

  • Nigeria's 57.97 % change on previous year is above the median for lower middle income countries, which is -2.77 % change on previous year. (47 countries reporting)
  • Nigeria's 57.97 % change on previous year is above the median for Sub-Saharan Africa, which is -3.45 % change on previous year. (48 countries reporting)

Biggest year-on-year movements

Years where Imports by region of origin, 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
2015 -8004.0% -0.3404 % change on previous year -27.59 % change on previous year
1966 +6921.3% 0.4086 % change on previous year 28.69 % change on previous year
2001 +1183.0% -2.31 % change on previous year 25.01 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1940s -42.86 % change on previous year -42.86 % change on previous year -42.86 % change on previous year 1
1950s 8.73 % change on previous year -22.44 % change on previous year 46.38 % change on previous year 10
1960s 14.75 % change on previous year -31.46 % change on previous year 58.93 % change on previous year 10
1970s 34.23 % change on previous year -22.04 % change on previous year 88.42 % change on previous year 10
1980s -15.22 % change on previous year -53.13 % change on previous year 15.8 % change on previous year 8
1990s 11.33 % change on previous year -43.34 % change on previous year 96.11 % change on previous year 10
2000s 27.56 % change on previous year -18.92 % change on previous year 92.18 % change on previous year 10
2010s 4.02 % change on previous year -27.59 % change on previous year 25.2 % change on previous year 10
2020s 5.11 % change on previous year -34.2 % change on previous year 57.97 % change on previous year 5

Countries ranked near Nigeria

  1. 18 San Marino 68.43 % change on previous year compare
  2. 19 Zimbabwe 58.92 % change on previous year compare
  3. 20 Nicaragua 58.47 % change on previous year compare
  4. 22 Saint Lucia 57.52 % change on previous year compare
  5. 23 Egypt 54.3 % change on previous year compare
  6. 24 Curacao 48.71 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is imports by region of origin, annual growth rate in Nigeria?
Imports by region of origin, annual growth rate in Nigeria was 57.97 % change on previous year in 2024, according to Statizoid (derived).
What is the highest imports by region of origin, annual growth rate recorded in Nigeria?
The highest recorded value was 96.11 % change on previous year in 1992.
What is the lowest imports by region of origin, annual growth rate recorded in Nigeria?
The lowest recorded value was -53.13 % change on previous year in 1986.
How does Nigeria rank for imports by region of origin, annual growth rate?
Nigeria ranks 21st out of 210 countries with data for 2024.
Is imports by region of origin, annual growth rate rising or falling in Nigeria?
Over the last ten years it is up 17,128.2%. 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 Imports by region of origin, annual growth rate. Statizoid updates them automatically from the source API.

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Imports by region of origin, annual growth rate in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/imports-by-region-of-origin-annual-growth-rate/nigeria/

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How this figure is calculated

The year-on-year percentage change in Imports by region of origin. 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
Imports by region of origin, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 11,303 data points, 1949–2024
Last refreshed

The year-on-year percentage change in Imports by region of origin. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.