Commodity Export Price Index, Individual Commodites Weighted by Ratio in Nigeria
Nigeria: Commodity Export Price Index, Individual Commodites Weighted by Ratio was 93.58 in 2025. ▲ Rising
Commodity Export Price Index, Individual Commodites Weighted by Ratio in Nigeria, 1962–2025
Source: International Monetary Fund.
Analysis
In 2025, commodity export price index, individual commodites weighted by ratio in Nigeria stood at 93.58.
That represents a change of down 2.2% on the previous year and up 2.6% over ten years.
Over the whole period, commodity export price index, individual commodites weighted by ratio in Nigeria peaked at 100.3 in 2011 and was at its lowest, 74.57, in 1970.
That places Nigeria 160th out of 180 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 64 years of available data.
Commodity Export Price Index, Individual Commodites Weighted by Ratio in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1962 | 76.02 | — |
| 1963 | 75.88 | -0.2% |
| 1964 | 75.59 | -0.4% |
| 1965 | 75.28 | -0.4% |
| 1966 | 75.03 | -0.3% |
| 1967 | 75.04 | +0.0% |
| 1968 | 75.15 | +0.1% |
| 1969 | 75.07 | -0.1% |
| 1970 | 74.57 | -0.7% |
| 1971 | 75.09 | +0.7% |
| 1972 | 75.16 | +0.1% |
| 1973 | 75.3 | +0.2% |
| 1974 | 85.67 | +13.8% |
| 1975 | 84.24 | -1.7% |
| 1976 | 85.4 | +1.4% |
| 1977 | 86.17 | +0.9% |
| 1978 | 85.07 | -1.3% |
| 1979 | 92.27 | +8.5% |
| 1980 | 93.65 | +1.5% |
| 1981 | 92.51 | -1.2% |
| 1982 | 91.74 | -0.8% |
| 1983 | 90.7 | -1.1% |
| 1984 | 90.17 | -0.6% |
| 1985 | 89.81 | -0.4% |
| 1986 | 81.4 | -9.4% |
| 1987 | 82.89 | +1.8% |
| 1988 | 79.37 | -4.3% |
| 1989 | 81.15 | +2.3% |
| 1990 | 83.76 | +3.2% |
| 1991 | 81.39 | -2.8% |
| 1992 | 81.23 | -0.2% |
| 1993 | 79.94 | -1.6% |
| 1994 | 79.23 | -0.9% |
| 1995 | 79.67 | +0.6% |
| 1996 | 81.45 | +2.2% |
| 1997 | 81.23 | -0.3% |
| 1998 | 77.51 | -4.6% |
| 1999 | 81.02 | +4.5% |
| 2000 | 86.29 | +6.5% |
| 2001 | 84.93 | -1.6% |
| 2002 | 85.44 | +0.6% |
| 2003 | 86.97 | +1.8% |
| 2004 | 89.44 | +2.8% |
| 2005 | 93.39 | +4.4% |
| 2006 | 95.54 | +2.3% |
| 2007 | 96.46 | +1.0% |
| 2008 | 99.91 | +3.6% |
| 2009 | 93.92 | -6.0% |
| 2010 | 97.09 | +3.4% |
| 2011 | 100.3 | +3.3% |
| 2012 | 100 | -0.3% |
| 2013 | 100.29 | +0.3% |
| 2014 | 99.28 | -1.0% |
| 2015 | 91.21 | -8.1% |
| 2016 | 89.76 | -1.6% |
| 2017 | 92.3 | +2.8% |
| 2018 | 95.37 | +3.3% |
| 2019 | 93.74 | -1.7% |
| 2020 | 89.24 | -4.8% |
| 2021 | 95.22 | +6.7% |
| 2022 | 98.47 | +3.4% |
| 2023 | 96.01 | -2.5% |
| 2024 | 95.71 | -0.3% |
| 2025 | 93.58 | -2.2% |
Nigeria compared with similar countries
- Nigeria's 93.58 is below the median for lower middle income countries, which is 99.91, 94% of the median. (45 countries reporting)
- Nigeria's 93.58 is below the median for Sub-Saharan Africa, which is 99.95, 94% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 75.38 | 75.03 | 76.02 | 8 |
| 1970s | 81.89 | 74.57 | 92.27 | 10 |
| 1980s | 87.34 | 79.37 | 93.65 | 10 |
| 1990s | 80.64 | 77.51 | 83.76 | 10 |
| 2000s | 91.23 | 84.93 | 99.91 | 10 |
| 2010s | 95.94 | 89.76 | 100.3 | 10 |
| 2020s | 94.71 | 89.24 | 98.47 | 6 |
Countries ranked near Nigeria
- 157 Belarus 94.31 compare
- 158 Russian Federation 94.07 compare
- 159 Syrian Arab Republic 93.98 compare
- 161 Bahrain 93.47 compare
- 162 Iran, Islamic Republic of 92.55 compare
- 163 Algeria 91.23 compare
More trade data for Nigeria
- Commodity Net Export Price Index, Individual Commodities Weighted by 66.76 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 93.8 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 63.43 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.77 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 85.81 (2025)
- Imports of low carbon technology products, Percent of GDP 0.5627 (2024)
- Imports of low carbon technology products, US dollar (World), per 6.1 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0056 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 42.54 million (2024)
- Exports of low carbon technology products, US dollar (World), per 0.1828 units per person (2024)
Frequently asked questions
- What is commodity export price index, individual commodites weighted by ratio in Nigeria?
- Commodity export price index, individual commodites weighted by ratio in Nigeria was 93.58 in 2025, according to International Monetary Fund.
- What is the highest commodity export price index, individual commodites weighted by ratio recorded in Nigeria?
- The highest recorded value was 100.3 in 2011.
- What is the lowest commodity export price index, individual commodites weighted by ratio recorded in Nigeria?
- The lowest recorded value was 74.57 in 1970.
- How does Nigeria rank for commodity export price index, individual commodites weighted by ratio?
- Nigeria ranks 160th out of 180 countries with data for 2025.
- Is commodity export price index, individual commodites weighted by ratio rising or falling in Nigeria?
- Over the last ten years it is up 2.6%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Commodity Export Price Index, Individual Commodites Weighted by Ratio of Exports to GDP (Historical, Fixed Weights, Index). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under IMF Terms and Conditions (attribution required).
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)