Nigeria Trade to GDP Ratio 1960-2023

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Nigeria trade to gdp ratio for 2021 was 22.58%, a 6.22% increase from 2020.
Nigeria trade to gdp ratio for 2020 was 16.35%, a 17.67% decline from 2019.
Nigeria trade to gdp ratio for 2019 was 34.02%, a 1.02% increase from 2018.
Nigeria trade to gdp ratio for 2018 was 33.01%, a 6.66% increase from 2017.

Data Source: World Bank

MLA Citation:

Nigeria Trade to GDP Ratio - Historical Data
Year	Trade (% of GDP)	Annual Change
2021	22.58%	6.22%
2020	16.35%	-17.67%
2019	34.02%	1.02%
2018	33.01%	6.66%
2017	26.35%	5.63%
2016	20.72%	-0.61%
2015	21.33%	-9.55%
2014	30.89%	-0.16%
2013	31.05%	-13.48%
2012	44.53%	-8.75%
2011	53.28%	9.96%
2010	43.32%	7.26%
2009	36.06%	-4.74%
2008	40.80%	1.46%
2007	39.34%	-3.23%
2006	42.57%	9.51%
2005	33.06%	1.16%
2004	31.90%	-17.44%
2003	49.34%	9.30%
2002	40.04%	-9.65%
2001	49.68%	0.68%
2000	49.00%	14.54%
1999	34.46%	-4.82%
1998	39.28%	-12.18%
1997	51.46%	11.20%
1996	40.26%	0.73%
1995	39.53%	16.47%
1994	23.06%	-10.66%
1993	33.72%	-4.51%
1992	38.23%	1.21%
1991	37.02%	6.10%
1990	30.92%	-3.26%
1989	34.18%	17.24%
1988	16.94%	-2.55%
1987	19.50%	10.36%
1986	9.14%	-1.26%
1985	10.39%	1.01%
1984	9.38%	-0.66%
1983	10.05%	-3.73%
1982	13.78%	-4.39%
1981	18.17%	-30.40%
1980	48.57%	4.69%
1979	43.88%	0.56%
1978	43.31%	-4.08%
1977	47.40%	5.26%
1976	42.14%	0.97%
1975	41.17%	1.42%
1974	39.75%	8.48%
1973	31.27%	8.50%
1972	22.76%	-1.70%
1971	24.46%	4.84%
1970	19.62%	-7.20%
1969	26.82%	1.16%
1968	25.66%	-2.82%
1967	28.49%	3.45%
1966	25.04%	-1.87%
1965	26.91%	2.30%
1964	24.62%	2.30%
1963	22.32%	0.49%
1962	21.83%	-3.66%
1961	25.49%	-0.68%
1960	26.17%	-0.68%