Net trade in goods (BoP, current US$), annual growth rate in Nigeria
Nigeria: Net trade in goods (BoP, current US$), annual growth rate was 10.19 % change on previous year in 2025. ◆ Volatile
Latest (2025)
10.19 % change on previous year
Change on year
down 83.8%
World rank
50th
of 199 countries
All-time high
521.27 % change on previous year
in 1979
All-time low
-671.99 % change on previous year
in 2020
Years of data
46
1978–2025
Net trade in goods (BoP, current US$), annual growth rate in Nigeria, 1978–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nigeria recorded 10.19 % change on previous year for net trade in goods (bop, current us$), annual growth rate in 2025.
Compared with earlier readings it is down 83.8% on the previous year and up 107.8% over ten years.
Over the whole period, net trade in goods (bop, current us$), annual growth rate in Nigeria peaked at 521.27 % change on previous year in 1979 and was at its lowest, -671.99 % change on previous year, in 2020.
That places Nigeria 50th out of 199 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods (BoP, current US$), annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | -143.32 % change on previous year | — |
| 1979 | 521.27 % change on previous year | -463.7% |
| 1980 | 128.26 % change on previous year | -75.4% |
| 1981 | -110.16 % change on previous year | -185.9% |
| 1982 | -139.07 % change on previous year | +26.2% |
| 1983 | 60.38 % change on previous year | -143.4% |
| 1984 | 377.96 % change on previous year | +525.9% |
| 1985 | 88.87 % change on previous year | -76.5% |
| 1986 | -65.64 % change on previous year | -173.9% |
| 1987 | 78.65 % change on previous year | -219.8% |
| 1988 | -27.55 % change on previous year | -135.0% |
| 1989 | 65.78 % change on previous year | -338.8% |
| 1990 | 107.1 % change on previous year | +62.8% |
| 1991 | -48.68 % change on previous year | -145.5% |
| 1992 | 3.82 % change on previous year | -107.9% |
| 1993 | -29.55 % change on previous year | -872.8% |
| 1994 | -9.26 % change on previous year | -68.7% |
| 1995 | -62.92 % change on previous year | +579.7% |
| 1996 | 177.42 % change on previous year | -382.0% |
| 1997 | -42.61 % change on previous year | -124.0% |
| 1998 | -103.93 % change on previous year | +143.9% |
| 2000 | 142.88 % change on previous year | -237.5% |
| 2001 | -33.8 % change on previous year | -123.7% |
| 2002 | -31.29 % change on previous year | -7.4% |
| 2003 | 65.13 % change on previous year | -308.2% |
| 2004 | 152.53 % change on previous year | +134.2% |
| 2005 | 47.78 % change on previous year | -68.7% |
| 2006 | 19.69 % change on previous year | -58.8% |
| 2007 | 8.04 % change on previous year | -59.2% |
| 2008 | 21.61 % change on previous year | +168.9% |
| 2009 | -44.7 % change on previous year | -306.8% |
| 2010 | 18.54 % change on previous year | -141.5% |
| 2011 | 9.07 % change on previous year | -51.1% |
| 2012 | 19.38 % change on previous year | +113.7% |
| 2013 | 7.61 % change on previous year | -60.7% |
| 2014 | -50.06 % change on previous year | -758.1% |
| 2015 | -130.61 % change on previous year | +160.9% |
| 2016 | 91.69 % change on previous year | -170.2% |
| 2018 | 55.67 % change on previous year | -39.3% |
| 2019 | -85.99 % change on previous year | -254.5% |
| 2020 | -671.99 % change on previous year | +681.5% |
| 2021 | 72.19 % change on previous year | -110.7% |
| 2022 | 231.5 % change on previous year | +220.7% |
| 2023 | 34.62 % change on previous year | -85.0% |
| 2024 | 63.05 % change on previous year | +82.1% |
| 2025 | 10.19 % change on previous year | -83.8% |
Nigeria compared with similar countries
- Nigeria's 10.19 % change on previous year is above the median for lower middle income countries, which is -1.23 % change on previous year. (47 countries reporting)
- Nigeria's 10.19 % change on previous year is above the median for Sub-Saharan Africa, which is 1.03 % change on previous year, 9.9× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 188.98 % change on previous year | -143.32 % change on previous year | 521.27 % change on previous year | 2 |
| 1980s | 45.75 % change on previous year | -139.07 % change on previous year | 377.96 % change on previous year | 10 |
| 1990s | -0.9538 % change on previous year | -103.93 % change on previous year | 177.42 % change on previous year | 9 |
| 2000s | 34.79 % change on previous year | -44.7 % change on previous year | 152.53 % change on previous year | 10 |
| 2010s | -7.19 % change on previous year | -130.61 % change on previous year | 91.69 % change on previous year | 9 |
| 2020s | -43.41 % change on previous year | -671.99 % change on previous year | 231.5 % change on previous year | 6 |
Countries ranked near Nigeria
- 47 Dominican Republic 12.84 % change on previous year compare
- 48 Eritrea 11.18 % change on previous year compare
- 49 Luxembourg 10.56 % change on previous year compare
- 51 Thailand 9.27 % change on previous year compare
- 52 Brunei 8.23 % change on previous year compare
- 53 Seychelles 7.96 % change on previous year compare
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods (bop, current us$), annual growth rate in Nigeria?
- Net trade in goods (bop, current us$), annual growth rate in Nigeria was 10.19 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest net trade in goods (bop, current us$), annual growth rate recorded in Nigeria?
- The highest recorded value was 521.27 % change on previous year in 1979.
- What is the lowest net trade in goods (bop, current us$), annual growth rate recorded in Nigeria?
- The lowest recorded value was -671.99 % change on previous year in 2020.
- How does Nigeria rank for net trade in goods (bop, current us$), annual growth rate?
- Nigeria ranks 50th out of 199 countries with data for 2025.
- Is net trade in goods (bop, current us$), annual growth rate rising or falling in Nigeria?
- Over the last ten years it is up 107.8%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Net trade in goods (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net trade in goods (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net trade in goods Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net trade in goods (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.