Trade, S1 - Tariffs in Nigeria
Nigeria: Trade, S1 - Tariffs was 0.804 in 2014. β² Rising
Trade, S1 - Tariffs in Nigeria, 1988β2014
Source: International Monetary Fund.
Analysis
The most recent figure for trade, s1 - tariffs in Nigeria is 0.804, measured in 2014.
The figure is down 0.8% on the previous year and up 36.3% over ten years.
Over the whole period, trade, s1 - tariffs in Nigeria peaked at 0.8343 in 2009 and was at its lowest, 0.5312, in 1992.
Nigeria ranks 73rd of 90 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.552 | 0.5362 | 0.5678 | 2 |
| 1990s | 0.5732 | 0.5312 | 0.6322 | 10 |
| 2000s | 0.707 | 0.5805 | 0.8343 | 10 |
| 2010s | 0.8117 | 0.804 | 0.8157 | 5 |
Countries ranked near Nigeria
- 70 Jamaica 0.8187 compare
- 71 Venezuela (Bolivarian Republic of) 0.8162 compare
- 72 Uzbekistan 0.8048 compare
- 74 Kenya 0.8038 compare
- 75 CΓ΄te d'Ivoire 0.8037 compare
- 76 Uganda 0.801 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 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 trade, s1 - tariffs in Nigeria?
- Trade, s1 - tariffs in Nigeria was 0.804 in 2014, according to International Monetary Fund.
- What is the highest trade, s1 - tariffs recorded in Nigeria?
- The highest recorded value was 0.8343 in 2009.
- What is the lowest trade, s1 - tariffs recorded in Nigeria?
- The lowest recorded value was 0.5312 in 1992.
- How does Nigeria rank for trade, s1 - tariffs?
- Nigeria ranks 73rd out of 90 countries with data for 2014.
- Is trade, s1 - tariffs rising or falling in Nigeria?
- Over the last ten years it is up 36.3%. 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 Trade, S1 - Tariffs. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 27 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.