Nigeria vs Saudi Arabia: Commodity Import Price Index, Individual Commodites Weighted by Ratio
Commodity Import Price Index, Individual Commodites Weighted by Ratio over time
- Nigeria
- Saudi Arabia
How they compare
Saudi Arabia currently reports 99.83 against 99.77 in Nigeria, a difference of 0.06.
The two have swapped places 6 times across 64 shared years of data; in 1962 it was Saudi Arabia ahead.
Nigeria ranks 8th and Saudi Arabia ranks 6th of 180 countries.
Across the 7 decades both report, Nigeria averaged higher in 4 and Saudi Arabia in 3.
Head to head by decade
| Decade | Nigeria | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 99.69 | 100.01 | 0.3241 | Saudi Arabia |
| 1970s | 99.92 | 99.95 | 0.0256 | Saudi Arabia |
| 1980s | 99.71 | 99.14 | 0.5679 | Nigeria |
| 1990s | 99.22 | 98.78 | 0.4424 | Nigeria |
| 2000s | 99.51 | 99.22 | 0.2936 | Nigeria |
| 2010s | 99.87 | 99.76 | 0.1046 | Nigeria |
| 2020s | 99.91 | 99.96 | 0.0446 | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher commodity import price index, individual commodites weighted by ratio, Nigeria or Saudi Arabia?
- Saudi Arabia, at 99.83 against 99.77 in Nigeria as of 2025.
- What is the difference in commodity import price index, individual commodites weighted by ratio between Nigeria and Saudi Arabia?
- 0.06, with Saudi Arabia ahead.
- How many years of comparable data are there for Nigeria and Saudi Arabia?
- 64 years are reported by both, from 1962 to 2025.
- How do Nigeria and Saudi Arabia rank globally for commodity import price index, individual commodites weighted by ratio?
- Nigeria ranks 8th and Saudi Arabia ranks 6th of 180 countries.
- Where does this data come from?
- International Monetary Fund, published as Commodity Import Price Index, Individual Commodites Weighted by Ratio of Imports to GDP (Historical, Fixed Weights, Index). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
CTOT is a comprehensive database of country-specific commodity price indices for 182 economies covering the period from 1962 onwards. For each country, the change in the international price of up to 45 individual commodities is weighted using commodity-level trade data. The database includes a commodity terms-of-trade index—which proxies the windfall gains and losses of income associated with changes in world prices—as well as additional country-specific series, including commodity export and import price indices. It includes indices that are constructed using, alternatively, fixed weights (based on average trade flows over several decades) and time-varying weights (which can account for time variation in the mix of commodities traded and the overall importance of commodities in economic activity)