Trade, S2 - Restrictions on payments for good imports in Nigeria
Nigeria: Trade, S2 - Restrictions on payments for good imports was 1 in 2014. ▲ Rising
Trade, S2 - Restrictions on payments for good imports in Nigeria, 1973–2014
Source: International Monetary Fund.
Analysis
The most recent figure for trade, s2 - restrictions on payments for good imports in Nigeria is 1, measured in 2014.
The figure is unchanged over ten years.
Over the whole period, trade, s2 - restrictions on payments for good imports in Nigeria peaked at 1.5 in 1986 and was at its lowest, 0.5, in 1973.
Nigeria ranks 76th of 90 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 42 years of available data.
Trade, S2 - Restrictions on payments for good imports in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0.5 | — |
| 1974 | 1 | +100.0% |
| 1975 | 1 | +0.0% |
| 1976 | 1 | +0.0% |
| 1977 | 1 | +0.0% |
| 1978 | 0.5 | -50.0% |
| 1979 | 0.5 | +0.0% |
| 1980 | 0.5 | +0.0% |
| 1981 | 0.5 | +0.0% |
| 1982 | 0.5 | +0.0% |
| 1983 | 0.5 | +0.0% |
| 1984 | 0.5 | +0.0% |
| 1985 | 0.5 | +0.0% |
| 1986 | 1.5 | +200.0% |
| 1987 | 1.5 | +0.0% |
| 1988 | 1.5 | +0.0% |
| 1989 | 1.5 | +0.0% |
| 1990 | 1.5 | +0.0% |
| 1991 | 1.5 | +0.0% |
| 1992 | 1.5 | +0.0% |
| 1993 | 1.5 | +0.0% |
| 1994 | 1.5 | +0.0% |
| 1995 | 1.5 | +0.0% |
| 1996 | 1.5 | +0.0% |
| 1997 | 1.5 | +0.0% |
| 1998 | 1.5 | +0.0% |
| 1999 | 1.5 | +0.0% |
| 2000 | 1.5 | +0.0% |
| 2001 | 1.5 | +0.0% |
| 2002 | 1.5 | +0.0% |
| 2003 | 1 | -33.3% |
| 2004 | 1 | +0.0% |
| 2005 | 1 | +0.0% |
| 2006 | 1 | +0.0% |
| 2007 | 1 | +0.0% |
| 2008 | 1 | +0.0% |
| 2009 | 1 | +0.0% |
| 2010 | 1 | +0.0% |
| 2011 | 1 | +0.0% |
| 2012 | 1 | +0.0% |
| 2013 | 1 | +0.0% |
| 2014 | 1 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7857 | 0.5 | 1 | 7 |
| 1980s | 0.9 | 0.5 | 1.5 | 10 |
| 1990s | 1.5 | 1.5 | 1.5 | 10 |
| 2000s | 1.15 | 1 | 1.5 | 10 |
| 2010s | 1 | 1 | 1 | 5 |
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 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, s2 - restrictions on payments for good imports in Nigeria?
- Trade, s2 - restrictions on payments for good imports in Nigeria was 1 in 2014, according to International Monetary Fund.
- What is the highest trade, s2 - restrictions on payments for good imports recorded in Nigeria?
- The highest recorded value was 1.5 in 1986.
- What is the lowest trade, s2 - restrictions on payments for good imports recorded in Nigeria?
- The lowest recorded value was 0.5 in 1973.
- How does Nigeria rank for trade, s2 - restrictions on payments for good imports?
- Nigeria ranks 76th out of 90 countries with data for 2014.
- Is trade, s2 - restrictions on payments for good imports rising or falling in Nigeria?
- Over the last ten years it is unchanged. 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, S2 - Restrictions on payments for good imports. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 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.