Nigeria Forecast: Exports of Goods Growth
1991 - 2028 | Yearly | % | International Monetary Fund
Key information about Nigeria Exports of Goods Growth Forecast
- Nigeria Exports of Goods Growth is forecasted to be -5.285 % in Dec 2024 as reported by International Monetary Fund
- It records a decrease from the last reported number of 5.799 % in Dec 2023
- Looking ahead, Nigeria Exports of Goods Growth is projected to stand at -1.879 % in Dec 2028
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Volume of Exports of Goods: YoY
View Nigeria's Forecast: Exports of Goods Growth from 1991 to 2028 in the chart:
What is Nigeria's Forecast: Exports of Goods Growth in 2028?
Nigeria Exports of Goods Growth is forecasted to be -5.285 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1.879 2028 | 1.334 2027 | -19.655 2021 | 32.198 2003 | % | yearly | 1991 - 2028 |
Forecast: Exports of Goods Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | -16.606 2020 | yearly | 2003 - 2020 |
| Albania (%) | 4.349 2028 | yearly | 1980 - 2028 |
| Algeria (%) | 0.225 2028 | yearly | 1980 - 2028 |
| Angola (%) | 1.335 2028 | yearly | 1998 - 2028 |
| Antigua and Barbuda (%) | 4.785 2028 | yearly | 2015 - 2028 |
| Argentina (%) | 4.933 2028 | yearly | 1980 - 2028 |
| Armenia (%) | 5.009 2028 | yearly | 1996 - 2028 |
| Australia (%) | 2.969 2029 | yearly | 1980 - 2029 |
| Austria (%) | 2.400 2029 | yearly | 1980 - 2029 |
| Azerbaijan (%) | -0.362 2028 | yearly | 1993 - 2028 |
| Bahamas (%) | 2.545 2028 | yearly | 1980 - 2028 |
| Bahrain (%) | -0.117 2028 | yearly | 1996 - 2028 |
| Bangladesh (%) | 11.439 2028 | yearly | 1980 - 2028 |
| Barbados (%) | 1.735 2028 | yearly | 1980 - 2028 |
| Belarus (%) | 1.284 2028 | yearly | 1993 - 2028 |
| Belgium (%) | 2.896 2029 | yearly | 1980 - 2029 |
| Belize (%) | 2.015 2028 | yearly | 1980 - 2028 |
| Benin (%) | 8.597 2028 | yearly | 1980 - 2028 |
| Bhutan (%) | 0.448 2028 | yearly | 1980 - 2028 |
| Bolivia (%) | 3.393 2028 | yearly | 1980 - 2028 |
| Bosnia and Herzegovina (%) | 1.020 2028 | yearly | 1999 - 2028 |
| Botswana (%) | 4.332 2028 | yearly | 1980 - 2028 |
| Brazil (%) | 2.645 2028 | yearly | 1980 - 2028 |
| Brunei (%) | 4.478 2028 | yearly | 1980 - 2028 |
| Bulgaria (%) | 3.353 2028 | yearly | 1980 - 2028 |
| Burkina Faso (%) | 6.698 2028 | yearly | 1981 - 2028 |
| Burundi (%) | 6.502 2028 | yearly | 1980 - 2028 |
| Cambodia (%) | 7.168 2028 | yearly | 1996 - 2028 |
| Cameroon (%) | 6.117 2028 | yearly | 1980 - 2028 |
| Canada (%) | 3.003 2029 | yearly | 1980 - 2029 |
| Cape Verde (%) | 12.859 2028 | yearly | 1980 - 2028 |
| Central African Republic (%) | 5.200 2028 | yearly | 1980 - 2028 |
| Chad (%) | 2.172 2028 | yearly | 1980 - 2028 |
| Chile (%) | 3.499 2028 | yearly | 1980 - 2028 |
| China (%) | 2.732 2028 | yearly | 1998 - 2028 |
| Colombia (%) | 3.416 2028 | yearly | 1980 - 2028 |
| Comoros (%) | 4.316 2028 | yearly | 1980 - 2028 |
| Congo (%) | 4.691 2028 | yearly | 1980 - 2028 |
| Costa Rica (%) | 6.292 2028 | yearly | 1980 - 2028 |
| Croatia (%) | 2.000 2028 | yearly | 1993 - 2028 |
| Cyprus (%) | 2.600 2029 | yearly | 2001 - 2029 |
| Czech Republic (%) | 4.360 2029 | yearly | 1996 - 2029 |
| Democratic Republic of Congo (%) | 7.660 2028 | yearly | 1980 - 2028 |
| Denmark (%) | 1.870 2029 | yearly | 1980 - 2029 |
| Djibouti (%) | 7.123 2028 | yearly | 1990 - 2028 |
| Dominica (%) | 4.500 2028 | yearly | 2001 - 2028 |
| Dominican Republic (%) | 7.148 2028 | yearly | 1980 - 2028 |
| Ecuador (%) | 1.962 2028 | yearly | 1980 - 2028 |
| Egypt (%) | 7.008 2029 | yearly | 1980 - 2029 |
| El Salvador (%) | 3.847 2028 | yearly | 1980 - 2028 |
| Equatorial Guinea (%) | -8.315 2028 | yearly | 1981 - 2028 |
| Eritrea (%) | 1.420 2028 | yearly | 1998 - 2028 |
| Estonia (%) | 3.000 2028 | yearly | 1994 - 2028 |
| Swaziland (%) | 3.365 2028 | yearly | 1980 - 2028 |
| Ethiopia (%) | 10.888 2029 | yearly | 1981 - 2029 |
| Fiji (%) | 0.000 | yearly | - |
| Finland (%) | 3.200 2029 | yearly | 1981 - 2029 |
| France (%) | 2.928 2029 | yearly | 1980 - 2029 |
| Gabon (%) | 3.388 2028 | yearly | 1980 - 2028 |
| Gambia (%) | 5.754 2028 | yearly | 2000 - 2028 |
| Georgia (%) | 7.728 2028 | yearly | 1995 - 2028 |
| Germany (%) | 2.950 2029 | yearly | 1980 - 2029 |
| Ghana (%) | 4.394 2028 | yearly | 1980 - 2028 |
| Greece (%) | 2.105 2029 | yearly | 1980 - 2029 |
| Grenada (%) | 2.305 2028 | yearly | 2015 - 2028 |
| Guatemala (%) | 5.034 2028 | yearly | 1980 - 2028 |
| Guinea (%) | 6.402 2028 | yearly | 1980 - 2028 |
| Guinea-Bissau (%) | 2.161 2028 | yearly | 1981 - 2028 |
| Guyana (%) | 2.724 2028 | yearly | 1980 - 2028 |
| Haiti (%) | 4.755 2028 | yearly | 1980 - 2028 |
| Honduras (%) | 4.470 2028 | yearly | 1980 - 2028 |
| Hong Kong SAR, China (%) | 3.054 2029 | yearly | 1980 - 2029 |
| Hungary (%) | 4.701 2028 | yearly | 1980 - 2028 |
| Iceland (%) | 3.131 2029 | yearly | 1980 - 2029 |
| India (%) | 3.224 2029 | yearly | 1980 - 2029 |
| Indonesia (%) | 6.805 2028 | yearly | 1980 - 2028 |
| Iran (%) | -0.334 2028 | yearly | 1980 - 2028 |
| Iraq (%) | 0.000 | yearly | - |
| Ireland (%) | 6.000 2029 | yearly | 1980 - 2029 |
| Israel (%) | 2.788 2029 | yearly | 1980 - 2029 |
| Italy (%) | 0.802 2029 | yearly | 1980 - 2029 |
| Ivory Coast (%) | 6.473 2028 | yearly | 1980 - 2028 |
| Jamaica (%) | 3.533 2028 | yearly | 1980 - 2028 |
| Japan (%) | 1.447 2029 | yearly | 1980 - 2029 |
| Jordan (%) | 3.575 2028 | yearly | 1980 - 2028 |
| Kazakhstan (%) | 3.153 2028 | yearly | 1993 - 2028 |
| Kenya (%) | 7.212 2028 | yearly | 1980 - 2028 |
| Kiribati (%) | -0.110 2028 | yearly | 1980 - 2028 |
| South Korea (%) | 3.037 2029 | yearly | 1980 - 2029 |
| Kosovo (%) | 5.391 2029 | yearly | 2001 - 2029 |
| Kuwait (%) | 2.994 2028 | yearly | 1980 - 2028 |
| Kyrgyzstan (%) | 1.562 2028 | yearly | 1993 - 2028 |
| Laos (%) | 6.726 2028 | yearly | 1980 - 2028 |
| Latvia (%) | 2.600 2028 | yearly | 1993 - 2028 |
| Lebanon (%) | -21.652 2020 | yearly | 1980 - 2020 |
| Lesotho (%) | 2.227 2028 | yearly | 1980 - 2028 |
| Liberia (%) | 6.594 2029 | yearly | 1998 - 2029 |
| Libya (%) | -3.656 2028 | yearly | 1980 - 2028 |
| Lithuania (%) | 7.799 2016 | yearly | 1996 - 2016 |
| Luxembourg (%) | 2.400 2029 | yearly | 1987 - 2029 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doNigeria Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.7 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -3,274.101 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| National Government Debt (USD mn) | 101,710.7 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Government Debt: % of GDP (%) | 49.5 Mar 2024 | quarterly | Dec 2010 - Mar 2024 |
| Forecast: Government Expenditure (NGN bn) | 100,505.650 2029 | yearly | 1990 - 2029 |
| Forecast: Government Net Debt (NGN bn) | 285,181.495 2029 | yearly | 1990 - 2029 |
| Forecast: Government Revenue (NGN bn) | 72,588.069 2029 | yearly | 1990 - 2029 |
| Federal Govt Expenditure: Capital (NGN bn) | 250.290 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Balance (NGN bn) | -4,533.420 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Gross Federation Account Revenue (NGN bn) | 6,285.040 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Gross Federation Account Revenue: Oil (NGN bn) | 1,733.500 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 6,152.970 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Expenditure (NGN bn) | 6,838.960 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Revenue (NGN bn) | 2,305.540 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Government Debt: Domestic (NGN bn) | 53,258.012 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -1.879 2028 | yearly | 1991 - 2028 |
| Trade Balance (USD mn) | 2,786.0 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Total Exports (USD mn) | 4,913.5 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Total Exports Growth (%) | 163.7 Jun 2024 | monthly | Jan 2004 - Jun 2024 |
| Aluminum: Exports (USD th) | 187,832.450 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 2,876.353 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 480.530 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 2,989.3 Mar 2023 | monthly | Jan 2003 - Mar 2023 |
| Total Imports Growth (%) | 83.0 Jun 2024 | monthly | Jan 2004 - Jun 2024 |
| Imports: Medicament (USD th) | 755,360.705 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 508,406.689 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 658.371 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Total Imports from USA (USD mn) | 177.707 Jun 2024 | monthly | Dec 2009 - Jun 2024 |
| Total Exports to China (USD mn) | 160.464 Jun 2024 | monthly | Jan 2007 - Jun 2024 |
| Total Imports from China (USD mn) | 737.510 Jun 2024 | monthly | Jan 2007 - Jun 2024 |
| Total Trade (NGN mn) | 10,433,069.822 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Growth Rate: MoM (%) | -35.341 Jun 2024 | monthly | Jan 2019 - Jun 2024 |
| Exports: Growth Rate: MoM (%) | 10.446 Jun 2024 | monthly | Jan 2019 - Jun 2024 |
| Exports: Crude Oil (NGN mn) | 5,457,219.231 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Exports: America: ow USA (NGN mn) | 975,552.174 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Exports: Europe: ow Netherlands (NGN mn) | 434,520.151 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Exports (NGN mn) | 7,280,672.000 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Exports: Europe: ow UK (NGN mn) | 4,761.874 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Exports: Mineral Products (NGN mn) | 33,075,147.443 2023 | yearly | 2003 - 2023 |
| Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) | 53,170.162 2023 | yearly | 2003 - 2023 |
| Exports: Vegetable Products (NGN mn) | 786,963.687 2023 | yearly | 2003 - 2023 |
| Imports: America: ow USA (NGN mn) | 263,320.371 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Europe: ow Netherlands (NGN mn) | 89,695.701 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Asia: ow China (NGN mn) | 1,092,816.851 Jun 2024 | monthly | Jan 2007 - Jun 2024 |
| Imports: Europe: ow UK (NGN mn) | 39,682.510 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Europe: ow Germany (NGN mn) | 91,725.002 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports (NGN mn) | 3,152,397.822 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Manufactured Goods (NGN mn) | 415,104.163 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 564,023.272 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Food and Live Animals (NGN mn) | 464,465.517 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Machinery and Transport Equipment (NGN mn) | 939,658.575 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Chemicals and Chemical Products (NGN mn) | 531,688.790 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Export Value Index (2015=100) | 93.461 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 116.198 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -831.3 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Current Account Balance (USD mn) | 5,142.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Current Account Balance: % of GDP (%) | 11.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Foreign Direct Investment (USD mn) | 1,197.6 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Foreign Direct Investment: % of GDP (%) | 1.3 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Foreign Portfolio Investment (USD mn) | 4,416.719 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Foreign Portfolio Investment: % of GDP (%) | 10.0 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -309.3 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 4,726.039 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| External Debt (USD mn) | 42,495.2 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| External Debt: % of GDP (%) | 11.9 2023 | yearly | 1985 - 2023 |
| External Debt: Short Term (USD mn) | 1,005.6 2020 | yearly | 2008 - 2020 |
| External Debt: Short Term: % of GDP (%) | 0.2 2020 | yearly | 2008 - 2020 |
| Forecast: Current Account Balance (USD bn) | -5.481 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | -86,263.760 2023 | yearly | 2005 - 2023 |
| External Debt: Service Payments (USD mn) | 194.440 Dec 2018 | quarterly | Mar 2008 - Dec 2018 |
| External Debt: Government (USD mn) | 42,495.160 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| External Debt: Government: International Capital Market (USD mn) | 15,118.350 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 6.1 2019 | yearly | 2003 - 2019 |
| Non-Performing Loans (USD mn) | 3,315.011 Mar 2021 | quarterly | Mar 2007 - Mar 2021 |
| Money Supply M1 (USD mn) | 21,896.535 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Money Supply M2 (USD mn) | 67,150.889 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| M2 Growth (%) | 63.3 Aug 2024 | monthly | Nov 1993 - Aug 2024 |
| Reserve Requirement Ratio (%) | 50.0 Oct 2024 | monthly | Nov 2005 - Oct 2024 |
| Foreign Exchange Reserves (USD mn) | 34,762.2 Jun 2024 | monthly | Jan 1960 - Jun 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 14.124 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 16.3 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Gold Reserves (USD mn) | 1,599.957 Jun 2024 | monthly | Dec 1950 - Jun 2024 |
| Total Deposits (USD mn) | 84,213.801 Dec 2019 | monthly | Nov 1992 - Dec 2019 |
| Total Deposits Growth (%) | 2.6 Dec 2019 | monthly | Nov 1993 - Dec 2019 |
| Domestic Credit (USD mn) | 73,616.6 Sep 2024 | monthly | Nov 1992 - Sep 2024 |
| Domestic Credit Growth (%) | 33.3 Aug 2024 | monthly | Nov 1993 - Aug 2024 |
| Private Debt: % of Nominal GDP (%) | 20.83 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Monetary Survey: Liabilities: M2 (NGN mn) | 107,182,219.490 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Monetary Survey: Liabilities: Base Money (NGN mn) | 26,891,229.280 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
| Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) | 34,949,935.480 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 72,232,284.010 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Non Performing Loans to Gross Loans (%) | 4.140 Jun 2023 | semiannually | Dec 2003 - Jun 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 13.8 Sep 2024 | monthly | Jul 2015 - Sep 2024 |
More Indicators for Nigeria
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