POL and other energy imports (current US$) in Nigeria
Nigeria: POL and other energy imports (current US$) was 8.93 billion current US$ in 2004. ◆ Volatile
POL and other energy imports in Nigeria, 1965–2004
Source: World Bank country economists. Measured in current US$.
Analysis
The most recent figure for pol and other energy imports in Nigeria is 8.93 billion current US$, measured in 2004. That is the highest value across all 40 years on record.
The figure is up 18.2% on the previous year and up 10,287.7% over ten years.
Over the whole period, pol and other energy imports in Nigeria peaked at 8.93 billion current US$ in 2004 and was at its lowest, 10.32 million current US$, in 1966.
Nigeria ranks 3rd of 50 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
POL and other energy imports (current US$) in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 46.92 million current US$ | — |
| 1966 | 10.32 million current US$ | -78.0% |
| 1967 | 24.09 million current US$ | +133.4% |
| 1968 | 41.10 million current US$ | +70.6% |
| 1969 | 41.89 million current US$ | +1.9% |
| 1970 | 36.02 million current US$ | -14.0% |
| 1971 | 13.64 million current US$ | -62.1% |
| 1972 | 17.36 million current US$ | +27.3% |
| 1973 | 23.91 million current US$ | +37.7% |
| 1974 | 93.56 million current US$ | +291.4% |
| 1975 | 160.90 million current US$ | +72.0% |
| 1976 | 326.56 million current US$ | +103.0% |
| 1977 | 239.75 million current US$ | -26.6% |
| 1978 | 298.58 million current US$ | +24.5% |
| 1979 | 442.00 million current US$ | +48.0% |
| 1980 | 340.37 million current US$ | -23.0% |
| 1981 | 300.56 million current US$ | -11.7% |
| 1982 | 248.25 million current US$ | -17.4% |
| 1983 | 188.23 million current US$ | -24.2% |
| 1984 | 152.56 million current US$ | -19.0% |
| 1985 | 77.89 million current US$ | -48.9% |
| 1986 | 72.72 million current US$ | -6.6% |
| 1987 | 27.38 million current US$ | -62.4% |
| 1988 | 63.95 million current US$ | +133.6% |
| 1989 | 45.81 million current US$ | -28.4% |
| 1990 | 54.34 million current US$ | +18.6% |
| 1991 | 43.68 million current US$ | -19.6% |
| 1992 | 49.21 million current US$ | +12.7% |
| 1993 | 45.90 million current US$ | -6.7% |
| 1994 | 85.95 million current US$ | +87.2% |
| 1995 | 117.76 million current US$ | +37.0% |
| 1996 | 89.45 million current US$ | -24.0% |
| 1997 | 143.45 million current US$ | +60.4% |
| 1998 | 123.22 million current US$ | -14.1% |
| 1999 | 151.55 million current US$ | +23.0% |
| 2000 | 142.39 million current US$ | -6.0% |
| 2001 | 2.40 billion current US$ | +1584.2% |
| 2002 | 5.60 billion current US$ | +133.7% |
| 2003 | 7.55 billion current US$ | +34.8% |
| 2004 | 8.93 billion current US$ | +18.2% |
Nigeria compared with similar countries
- Nigeria's 8.93 billion current US$ is above the median for lower middle income countries, which is 371.14 million current US$, 24.1× the median. (24 countries reporting)
- Nigeria's 8.93 billion current US$ is above the median for Sub-Saharan Africa, which is 147.40 million current US$, 60.6× the median. (45 countries reporting)
Biggest year-on-year movements
Years where POL and other energy imports (current US$) in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +1584.2% | 142.39 million current US$ | 2.40 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 32.86 million current US$ | 10.32 million current US$ | 46.92 million current US$ | 5 |
| 1970s | 165.23 million current US$ | 13.64 million current US$ | 442.00 million current US$ | 10 |
| 1980s | 151.77 million current US$ | 27.38 million current US$ | 340.37 million current US$ | 10 |
| 1990s | 90.45 million current US$ | 43.68 million current US$ | 151.55 million current US$ | 10 |
| 2000s | 4.92 billion current US$ | 142.39 million current US$ | 8.93 billion current US$ | 5 |
Countries ranked near Nigeria
More trade data for Nigeria
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- 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 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)
Frequently asked questions
- What is pol and other energy imports in Nigeria?
- Pol and other energy imports in Nigeria was 8.93 billion current US$ in 2004, according to World Bank country economists.
- What is the highest pol and other energy imports recorded in Nigeria?
- The highest recorded value was 8.93 billion current US$ in 2004.
- What is the lowest pol and other energy imports recorded in Nigeria?
- The lowest recorded value was 10.32 million current US$ in 1966.
- How does Nigeria rank for pol and other energy imports?
- Nigeria ranks 3rd out of 50 countries with data for 2004.
- Is pol and other energy imports rising or falling in Nigeria?
- Over the last ten years it is up 10,287.7%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from World Bank country economists, published as part of POL and other energy imports (current US$). Statizoid updates them automatically from the source API.
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About this data
Petroleum and energy products imports in current US dollars. Values are on cif (includes freight and insurance costs).