Commodity Import Price Index, Individual Commodites Weighted by Ratio in Nigeria
Nigeria: Commodity Import Price Index, Individual Commodites Weighted by Ratio was 99.77 in 2025. ▬ Flat
Commodity Import Price Index, Individual Commodites Weighted by Ratio in Nigeria, 1962–2025
Source: International Monetary Fund.
Analysis
Nigeria recorded 99.77 for commodity import price index, individual commodites weighted by ratio in 2025.
That represents a change of down 0.2% on the previous year and up 0.2% over ten years.
Over the whole period, commodity import price index, individual commodites weighted by ratio in Nigeria peaked at 100.38 in 1974 and was at its lowest, 99.03, in 1999.
Nigeria ranks 8th of 180 countries on this measure, in the top 10%.
Commodity Import Price Index, Individual Commodites Weighted by Ratio in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1962 | 99.73 | — |
| 1963 | 99.82 | +0.1% |
| 1964 | 99.8 | -0.0% |
| 1965 | 99.67 | -0.1% |
| 1966 | 99.64 | -0.0% |
| 1967 | 99.62 | -0.0% |
| 1968 | 99.58 | -0.0% |
| 1969 | 99.65 | +0.1% |
| 1970 | 99.6 | -0.1% |
| 1971 | 99.51 | -0.1% |
| 1972 | 99.62 | +0.1% |
| 1973 | 100.02 | +0.4% |
| 1974 | 100.38 | +0.4% |
| 1975 | 100.02 | -0.4% |
| 1976 | 100.03 | +0.0% |
| 1977 | 100 | -0.0% |
| 1978 | 99.93 | -0.1% |
| 1979 | 100.12 | +0.2% |
| 1980 | 100.23 | +0.1% |
| 1981 | 100.06 | -0.2% |
| 1982 | 99.88 | -0.2% |
| 1983 | 99.85 | -0.0% |
| 1984 | 99.74 | -0.1% |
| 1985 | 99.65 | -0.1% |
| 1986 | 99.4 | -0.3% |
| 1987 | 99.43 | +0.0% |
| 1988 | 99.4 | -0.0% |
| 1989 | 99.42 | +0.0% |
| 1990 | 99.41 | -0.0% |
| 1991 | 99.22 | -0.2% |
| 1992 | 99.26 | +0.0% |
| 1993 | 99.17 | -0.1% |
| 1994 | 99.23 | +0.1% |
| 1995 | 99.3 | +0.1% |
| 1996 | 99.3 | +0.0% |
| 1997 | 99.24 | -0.1% |
| 1998 | 99.04 | -0.2% |
| 1999 | 99.03 | -0.0% |
| 2000 | 99.21 | +0.2% |
| 2001 | 99.12 | -0.1% |
| 2002 | 99.19 | +0.1% |
| 2003 | 99.26 | +0.1% |
| 2004 | 99.36 | +0.1% |
| 2005 | 99.54 | +0.2% |
| 2006 | 99.79 | +0.2% |
| 2007 | 99.82 | +0.0% |
| 2008 | 100.04 | +0.2% |
| 2009 | 99.78 | -0.3% |
| 2010 | 99.95 | +0.2% |
| 2011 | 100.13 | +0.2% |
| 2012 | 100 | -0.1% |
| 2013 | 100.05 | +0.0% |
| 2014 | 99.98 | -0.1% |
| 2015 | 99.62 | -0.4% |
| 2016 | 99.65 | +0.0% |
| 2017 | 99.74 | +0.1% |
| 2018 | 99.84 | +0.1% |
| 2019 | 99.72 | -0.1% |
| 2020 | 99.66 | -0.1% |
| 2021 | 99.98 | +0.3% |
| 2022 | 100.12 | +0.1% |
| 2023 | 100.02 | -0.1% |
| 2024 | 99.94 | -0.1% |
| 2025 | 99.77 | -0.2% |
Nigeria compared with similar countries
- Nigeria's 99.77 is above the median for lower middle income countries, which is 98.21, 1.0× the median. (45 countries reporting)
- Nigeria's 99.77 is above the median for Sub-Saharan Africa, which is 98.1, 1.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 99.69 | 99.58 | 99.82 | 8 |
| 1970s | 99.92 | 99.51 | 100.38 | 10 |
| 1980s | 99.71 | 99.4 | 100.23 | 10 |
| 1990s | 99.22 | 99.03 | 99.41 | 10 |
| 2000s | 99.51 | 99.12 | 100.04 | 10 |
| 2010s | 99.87 | 99.62 | 100.13 | 10 |
| 2020s | 99.91 | 99.66 | 100.12 | 6 |
Countries ranked near Nigeria
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 93.58 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 63.43 (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 import price index, individual commodites weighted by ratio in Nigeria?
- Commodity import price index, individual commodites weighted by ratio in Nigeria was 99.77 in 2025, according to International Monetary Fund.
- What is the highest commodity import price index, individual commodites weighted by ratio recorded in Nigeria?
- The highest recorded value was 100.38 in 1974.
- What is the lowest commodity import price index, individual commodites weighted by ratio recorded in Nigeria?
- The lowest recorded value was 99.03 in 1999.
- How does Nigeria rank for commodity import price index, individual commodites weighted by ratio?
- Nigeria ranks 8th out of 180 countries with data for 2025.
- Is commodity import price index, individual commodites weighted by ratio rising or falling in Nigeria?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is flat.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Commodity Import Price Index, Individual Commodites Weighted by Ratio of Imports to GDP (Historical, Fixed Weights, Index). Statizoid updates them automatically from the source API.
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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)