Nigeria Trade to GDP Ratio 1960-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Nigeria trade to gdp ratio for 2021 was 22.58%, a 6.22% increase from 2020.
  • Nigeria trade to gdp ratio for 2020 was 16.35%, a 17.67% decline from 2019.
  • Nigeria trade to gdp ratio for 2019 was 34.02%, a 1.02% increase from 2018.
  • Nigeria trade to gdp ratio for 2018 was 33.01%, a 6.66% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Vietnam 186.47%
Lesotho 139.07%
Cambodia 132.21%
Mongolia 119.10%
Nicaragua 106.68%
Kyrgyz Republic 105.71%
Georgia 102.82%
Mauritania 100.39%
Honduras 100.38%
Timor-Leste 100.17%
Kiribati 98.68%
Kosovo 98.64%
Republic of Congo 95.61%
Tunisia 94.35%
Micronesia 93.51%
Eswatini 90.87%
Moldova 88.47%
Zambia 85.99%
Bhutan 84.56%
Ukraine 82.70%
El Salvador 80.77%
Cabo Verde 76.97%
Morocco 74.95%
West Bank and Gaza 73.08%
Myanmar 65.84%
Solomon Islands 65.40%
Uzbekistan 63.85%
Philippines 63.48%
Angola 62.06%
Vanuatu 60.47%
Bolivia 59.02%
Ghana 58.43%
India 45.67%
Sri Lanka 41.26%
Indonesia 40.20%
Cameroon 37.07%
Kenya 30.69%
Egypt 29.86%
Bangladesh 27.72%
Pakistan 27.05%
Nigeria 22.58%
Sudan 4.13%
Nigeria Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2021 22.58% 6.22%
2020 16.35% -17.67%
2019 34.02% 1.02%
2018 33.01% 6.66%
2017 26.35% 5.63%
2016 20.72% -0.61%
2015 21.33% -9.55%
2014 30.89% -0.16%
2013 31.05% -13.48%
2012 44.53% -8.75%
2011 53.28% 9.96%
2010 43.32% 7.26%
2009 36.06% -4.74%
2008 40.80% 1.46%
2007 39.34% -3.23%
2006 42.57% 9.51%
2005 33.06% 1.16%
2004 31.90% -17.44%
2003 49.34% 9.30%
2002 40.04% -9.65%
2001 49.68% 0.68%
2000 49.00% 14.54%
1999 34.46% -4.82%
1998 39.28% -12.18%
1997 51.46% 11.20%
1996 40.26% 0.73%
1995 39.53% 16.47%
1994 23.06% -10.66%
1993 33.72% -4.51%
1992 38.23% 1.21%
1991 37.02% 6.10%
1990 30.92% -3.26%
1989 34.18% 17.24%
1988 16.94% -2.55%
1987 19.50% 10.36%
1986 9.14% -1.26%
1985 10.39% 1.01%
1984 9.38% -0.66%
1983 10.05% -3.73%
1982 13.78% -4.39%
1981 18.17% -30.40%
1980 48.57% 4.69%
1979 43.88% 0.56%
1978 43.31% -4.08%
1977 47.40% 5.26%
1976 42.14% 0.97%
1975 41.17% 1.42%
1974 39.75% 8.48%
1973 31.27% 8.50%
1972 22.76% -1.70%
1971 24.46% 4.84%
1970 19.62% -7.20%
1969 26.82% 1.16%
1968 25.66% -2.82%
1967 28.49% 3.45%
1966 25.04% -1.87%
1965 26.91% 2.30%
1964 24.62% 2.30%
1963 22.32% 0.49%
1962 21.83% -3.66%
1961 25.49% -0.68%
1960 26.17% -0.68%