Import volume index in Nigeria

Nigeria: Import volume index was 72.4 2015 = 100 in 2024. ▲ Rising

Latest (2024)
72.4 2015 = 100
Change on year
down 13.4%
World rank
180th
of 204 countries
All-time high
117.9 2015 = 100
in 2019
All-time low
53.5 2015 = 100
in 2005
Years of data
20
2005–2024

Import volume index in Nigeria, 2005–2024

02550751001252005201420242005: 53.5 2015 = 1002006: 65.1 2015 = 1002007: 79.6 2015 = 1002008: 102.1 2015 = 1002009: 76.5 2015 = 1002010: 94.3 2015 = 1002011: 106.7 2015 = 1002012: 97.9 2015 = 1002013: 109.3 2015 = 1002014: 115.2 2015 = 1002015: 100 2015 = 1002016: 82 2015 = 1002017: 68.7 2015 = 1002018: 88.7 2015 = 1002019: 117.9 2015 = 1002020: 79.9 2015 = 1002021: 98.7 2015 = 1002022: 94.3 2015 = 1002023: 83.6 2015 = 1002024: 72.4 2015 = 100

Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.

Analysis

Nigeria recorded 72.4 2015 = 100 for import volume index in 2024.

Compared with earlier readings it is down 13.4% on the previous year and down 37.2% over ten years.

Over the whole period, import volume index in Nigeria peaked at 117.9 2015 = 100 in 2019 and was at its lowest, 53.5 2015 = 100, in 2005.

Nigeria ranks 180th of 204 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 75.36 2015 = 100 53.5 2015 = 100 102.1 2015 = 100 5
2010s 98.07 2015 = 100 68.7 2015 = 100 117.9 2015 = 100 10
2020s 85.78 2015 = 100 72.4 2015 = 100 98.7 2015 = 100 5

Countries ranked near Nigeria

  1. 177 Dominica 77.4 2015 = 100 compare
  2. 178 Turks and Caicos Islands 76.8 2015 = 100 compare
  3. 179 Algeria 74.6 2015 = 100 compare
  4. 181 Lesotho 71.7 2015 = 100 compare
  5. 182 Haiti 71.2 2015 = 100 compare
  6. 183 Luxembourg 68.5 2015 = 100 compare

See the full ranking of 205 places →

More private sector data for Nigeria

All data for Nigeria →

Frequently asked questions

What is import volume index in Nigeria?
Import volume index in Nigeria was 72.4 2015 = 100 in 2024, according to UN Conference on Trade and Development (UNCTAD).
What is the highest import volume index recorded in Nigeria?
The highest recorded value was 117.9 2015 = 100 in 2019.
What is the lowest import volume index recorded in Nigeria?
The lowest recorded value was 53.5 2015 = 100 in 2005.
How does Nigeria rank for import volume index?
Nigeria ranks 180th out of 204 countries with data for 2024.
Is import volume index rising or falling in Nigeria?
Over the last ten years it is down 37.2%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from UN Conference on Trade and Development (UNCTAD), published as part of Import volume index (2015 = 100). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Import volume index (2015 = 100)
Unit
2015 = 100
Source
UN Conference on Trade and Development (UNCTAD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 4,078 data points, 2005–2024
Last refreshed

Import volume indexes are derived from UNCTAD's volume index series and are the ratio of the import value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights.