Nigeria vs Venezuela: Commodity Net Export Price Index, Individual Commodities … Trade
Commodity Net Export Price Index, Individual Commodities … Trade over time
- Nigeria
- Venezuela
How they compare
Venezuela currently reports 66.89 against 66.76 in Nigeria, a difference of 0.13.
The two have swapped places 6 times across 64 shared years of data; in 1962 it was Venezuela ahead.
Nigeria ranks 174th and Venezuela ranks 173rd of 180 countries.
Venezuela has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Nigeria | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 16.61 | 17.3 | 0.6929 | Venezuela |
| 1970s | 30.39 | 31.15 | 0.7628 | Venezuela |
| 1980s | 45.13 | 45.62 | 0.4906 | Venezuela |
| 1990s | 26.62 | 26.9 | 0.2799 | Venezuela |
| 2000s | 60.03 | 60.05 | 0.0155 | Venezuela |
| 2010s | 79.33 | 79.9 | 0.5715 | Venezuela |
| 2020s | 72.03 | 72.88 | 0.8449 | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher commodity net export price index, individual commodities weighted by, Nigeria or Venezuela?
- Venezuela, at 66.89 against 66.76 in Nigeria as of 2025.
- What is the difference in commodity net export price index, individual commodities weighted by between Nigeria and Venezuela?
- 0.13, with Venezuela ahead.
- How many years of comparable data are there for Nigeria and Venezuela?
- 64 years are reported by both, from 1962 to 2025.
- How do Nigeria and Venezuela rank globally for commodity net export price index, individual commodities weighted by?
- Nigeria ranks 174th and Venezuela ranks 173rd of 180 countries.
- Where does this data come from?
- International Monetary Fund, published as Commodity Net Export Price Index, Individual Commodities Weighted by Ratio of Net Exports to Total Commodity Trade (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)