Merchandise import price index in Nigeria
Nigeria: Merchandise import price index was 166.09 in 2005. ▲ Rising
Merchandise import price index in Nigeria, 1965–2005
Source: World Bank country economists.
Analysis
In 2005, merchandise import price index in Nigeria stood at 166.09. That is the highest value across all 41 years on record.
The figure is up 15.2% on the previous year and up 24.0% over ten years.
Over the whole period, merchandise import price index in Nigeria peaked at 166.09 in 2005 and was at its lowest, 21.94, in 1968.
That places Nigeria 25th out of 50 countries with data for 2005, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 23.52 | 21.94 | 25.63 | 5 |
| 1970s | 49.47 | 26.74 | 78.74 | 10 |
| 1980s | 91.58 | 80.83 | 108.3 | 10 |
| 1990s | 122.91 | 113.15 | 133.98 | 10 |
| 2000s | 127.21 | 106.76 | 166.09 | 6 |
Countries ranked near Nigeria
More trade data for Nigeria
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 128.67 million FAO, current US$ (2010)
- Lead time to export, median case 3 days (2018)
- Food imports excluding fish 5.14 billion FAO, current US$ (2010)
- Total agricultural imports 5.64 billion FAO, current US$ (2010)
- Cereal imports 1.88 billion FAO, current US$ (2010)
- Cereal imports quantity 5.87 million FAO, tonnes (2010)
- Total agricultural exports 1.16 billion FAO, current US$ (2010)
- Cereal exports 100,000 FAO, current US$ (2010)
- Cereal exports quantity 259 FAO, tonnes (2010)
Frequently asked questions
- What is merchandise import price index in Nigeria?
- Merchandise import price index in Nigeria was 166.09 in 2005, according to World Bank country economists.
- What is the highest merchandise import price index recorded in Nigeria?
- The highest recorded value was 166.09 in 2005.
- What is the lowest merchandise import price index recorded in Nigeria?
- The lowest recorded value was 21.94 in 1968.
- How does Nigeria rank for merchandise import price index?
- Nigeria ranks 25th out of 50 countries with data for 2005.
- Is merchandise import price index rising or falling in Nigeria?
- Over the last ten years it is up 24.0%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from World Bank country economists, published as part of Merchandise import price index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total merchandise imports price index with 1987=100.