Nigeria Motor Vehicle Sales: Passenger Cars

2005 - 2019 | Yearly | Unit | International Organization of Motor Vehicle Manufacturers

Key information about Nigeria Motor Vehicle Sales: Passenger Cars

  • Nigeria Motor Vehicle Sales: Passenger Cars was reported at 5,100.000 Unit in Dec 2019.
  • This records a decrease from the previous number of 8,550.000 Unit for Dec 2018.
  • Nigeria Motor Vehicle Sales: Passenger Cars data is updated yearly, averaging 19,200.000 Unit from Dec 2005 to 2019, with 15 observations.
  • The data reached an all-time high of 42,000.000 Unit in 2014 and a record low of 4,700.000 Unit in 2017.
  • Nigeria Motor Vehicle Sales: Passenger Cars data remains active status in CEIC and is reported by International Organization of Motor Vehicle Manufacturers.
  • The data is categorized under World Trend Plus’s Association: Automobile Sector – Table RA.OICA.MVS: Motor Vehicle Sales: by Country and Type: Passenger Car (PC).

View Nigeria's Motor Vehicle Sales: Passenger Cars from 2005 to 2019 in the chart:

Nigeria Motor Vehicle Sales: Passenger Cars

What was Nigeria's Motor Vehicle Sales: Passenger Cars in 2019?

Nigeria Motor Vehicle Sales: Passenger Cars was reported at 5,100.000 Unit in Dec 2019. See the table below for more data.

Last Previous Min Max Unit Frequency Range
5,100.000 2019 8,550.000 2018 4,700.000 2017 42,000.000 2014 Unit yearly 2005 - 2019

Motor Vehicle Sales: Passenger Cars by Country Comparison

country/region Last Frequency Range
Albania (Unit) 3,005.000 2019 yearly 2005 - 2019
Algeria (Unit) 118,689.000 2019 yearly 2005 - 2019
Angola (Unit) 2,080.000 2019 yearly 2005 - 2019
Argentina (Unit) 274,728.000 2023 yearly 2005 - 2023
Armenia (Unit) 970.000 2019 yearly 2005 - 2019
Australia (Unit) 890,823.000 2023 yearly 2005 - 2023
Austria (Unit) 239,150.000 2023 yearly 2005 - 2023
Azerbaijan (Unit) 6,046.000 2019 yearly 2005 - 2019
Bahamas (Unit) 1,332.000 2019 yearly 2005 - 2019
Bahrain (Unit) 26,372.000 2019 yearly 2005 - 2019
Bangladesh (Unit) 3,000.000 2019 yearly 2005 - 2019
Belarus (Unit) 56,592.000 2019 yearly 2005 - 2019
Belgium (Unit) 476,674.000 2023 yearly 2005 - 2023
Belize (Unit) 348.000 2019 yearly 2005 - 2019
Bolivia (Unit) 20,319.000 2019 yearly 2005 - 2019
Bosnia and Herzegovina (Unit) 10,038.000 2019 yearly 2005 - 2019
Botswana (Unit) 1,050.000 2019 yearly 2005 - 2019
Brazil (Unit) 1,721,400.000 2023 yearly 2005 - 2023
Brunei (Unit) 10,949.000 2019 yearly 2005 - 2019
Bulgaria (Unit) 35,764.000 2023 yearly 2005 - 2023
Burkina Faso (Unit) 537.000 2019 yearly 2005 - 2019
Burundi (Unit) 10.000 2019 yearly 2005 - 2019
Cambodia (Unit) 1,275.000 2019 yearly 2005 - 2019
Cameroon (Unit) 1,529.000 2019 yearly 2005 - 2019
Canada (Unit) 262,159.000 2023 yearly 2005 - 2023
Chile (Unit) 218,642.000 2023 yearly 2005 - 2023
China (Unit) 26,062,824.000 2023 yearly 2005 - 2023
Colombia (Unit) 144,633.000 2023 yearly 2005 - 2023
Congo (Unit) 346.000 2019 yearly 2005 - 2019
Costa Rica (Unit) 30,825.000 2019 yearly 2005 - 2019
Croatia (Unit) 57,694.000 2023 yearly 2005 - 2023
Cuba (Unit) 2,280.000 2019 yearly 2005 - 2019
Cyprus (Unit) 12,438.000 2019 yearly 2005 - 2019
Czech Republic (Unit) 221,419.000 2023 yearly 2005 - 2023
Denmark (Unit) 172,798.000 2023 yearly 2005 - 2023
Dominican Republic (Unit) 12,606.000 2019 yearly 2005 - 2019
Ecuador (Unit) 98,018.000 2023 yearly 2005 - 2023
Egypt (Unit) 69,175.000 2023 yearly 2005 - 2023
El Salvador (Unit) 6,400.000 2019 yearly 2005 - 2019
Estonia (Unit) 32,132.000 2019 yearly 2005 - 2019
Finland (Unit) 87,509.000 2023 yearly 2005 - 2023
France (Unit) 1,774,723.000 2023 yearly 2005 - 2023
Gabon (Unit) 1,278.000 2019 yearly 2005 - 2019
Georgia (Unit) 2,804.000 2019 yearly 2005 - 2019
Germany (Unit) 2,844,609.000 2023 yearly 2005 - 2023
Ghana (Unit) 3,394.000 2019 yearly 2005 - 2019
Greece (Unit) 134,484.000 2023 yearly 2005 - 2023
Guadeloupe (Unit) 16,741.000 2019 yearly 2005 - 2019
Guatemala (Unit) 13,407.000 2019 yearly 2005 - 2019
Guyana (Unit) 5,450.000 2019 yearly 2005 - 2019
Honduras (Unit) 9,508.000 2019 yearly 2005 - 2019
Hong Kong SAR, China (Unit) 29,117.000 2019 yearly 2005 - 2019
Hungary (Unit) 107,720.000 2023 yearly 2005 - 2023
Iceland (Unit) 11,692.000 2019 yearly 2005 - 2019
India (Unit) 4,101,600.000 2023 yearly 2005 - 2023
Indonesia (Unit) 779,326.000 2023 yearly 2005 - 2023
Iran (Unit) 619,028.000 2019 yearly 2005 - 2019
Iraq (Unit) 51,103.000 2019 yearly 2005 - 2019
Ireland (Unit) 122,310.000 2023 yearly 2005 - 2023
Israel (Unit) 270,433.000 2023 yearly 2005 - 2023
Italy (Unit) 1,565,331.000 2023 yearly 2005 - 2023
Ivory Coast (Unit) 7,522.000 2019 yearly 2005 - 2019
Jamaica (Unit) 5,232.000 2019 yearly 2005 - 2019
Japan (Unit) 3,992,727.000 2023 yearly 2005 - 2023
Jordan (Unit) 14,000.000 2019 yearly 2005 - 2019
Kazakhstan (Unit) 164,000.000 2023 yearly 2005 - 2023
Kenya (Unit) 2,307.000 2019 yearly 2005 - 2019
South Korea (Unit) 1,489,363.000 2023 yearly 2005 - 2023
Kuwait (Unit) 112,969.000 2023 yearly 2005 - 2023
Kyrgyzstan (Unit) 1,348.000 2019 yearly 2005 - 2019
Laos (Unit) 4,064.000 2019 yearly 2005 - 2019
Latvia (Unit) 16,974.000 2019 yearly 2005 - 2019
Lebanon (Unit) 22,086.000 2019 yearly 2005 - 2019
Liberia (Unit) 68.000 2019 yearly 2005 - 2019
Libya (Unit) 16,100.000 2019 yearly 2005 - 2019
Lithuania (Unit) 43,109.000 2019 yearly 2005 - 2019
Luxembourg (Unit) 54,938.000 2019 yearly 2005 - 2019
North Macedonia (Unit) 4,060.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Madagascar (Unit) 1,043.000 2019 yearly 2005 - 2019
Malawi (Unit) 598.000 2019 yearly 2005 - 2019
Malaysia (Unit) 604,000.000 2023 yearly 2005 - 2023
Malta (Unit) 7,621.000 2019 yearly 2005 - 2019
Martinique (Unit) 15,853.000 2019 yearly 2005 - 2019
Mauritius (Unit) 7,722.000 2019 yearly 2005 - 2019
Mexico (Unit) 598,091.000 2023 yearly 2005 - 2023
Moldova (Unit) 6,406.000 2019 yearly 2005 - 2019
Mongolia (Unit) 2,970.000 2019 yearly 2005 - 2019
Morocco (Unit) 145,218.000 2023 yearly 2005 - 2023
Myanmar (Unit) 7,167.000 2019 yearly 2005 - 2019
Nepal (Unit) 7,505.000 2019 yearly 2005 - 2019
Netherlands (Unit) 372,156.000 2023 yearly 2005 - 2023
New Caledonia (Unit) 5,818.000 2019 yearly 2005 - 2019
New Zealand (Unit) 110,230.000 2023 yearly 2005 - 2023
Nicaragua (Unit) 1,296.000 2019 yearly 2005 - 2019
Nigeria (Unit) 5,100.000 2019 yearly 2005 - 2019
Norway (Unit) 126,953.000 2023 yearly 2005 - 2023
Oman (Unit) 49,924.000 2019 yearly 2005 - 2019
Pakistan (Unit) 58,562.000 2023 yearly 2005 - 2023
Palestinian Territory (Unit) 109.000 2019 yearly 2005 - 2019
Panama (Unit) 39,049.000 2019 yearly 2005 - 2019

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Nigeria 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) 88,444.7 Jun 2024 quarterly Dec 2006 - Jun 2024
Government Debt: % of GDP (%) 52.8 Jun 2024 quarterly Dec 2010 - Jun 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
Federal Govt Expenditure: Recurrent (NGN bn) 6,152.970 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 Revenue (NGN bn) 2,305.540 Jun 2024 quarterly Mar 2005 - Jun 2024
Federal Govt Expenditure (NGN bn) 6,838.960 Jun 2024 quarterly Mar 2005 - Jun 2024
Government Debt: Domestic (NGN bn) 66,957.878 Jun 2024 quarterly Dec 2005 - Jun 2024
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) 1,530.686 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 329.199 2023 yearly 1995 - 2023
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) 614,222.259 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 227,440.624 2023 yearly 1995 - 2023
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
Exports: Crude Oil (NGN mn) 5,457,219.231 Jun 2024 monthly Jan 2003 - 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: America: ow USA (NGN mn) 975,552.174 Jun 2024 monthly Jan 2003 - Jun 2024
Exports (NGN mn) 7,280,672.000 Jun 2024 monthly Jan 2003 - Jun 2024
Exports: Europe: ow Netherlands (NGN mn) 434,520.151 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: Vegetable Products (NGN mn) 786,963.687 2023 yearly 2003 - 2023
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 53,170.162 2023 yearly 2003 - 2023
Imports: Asia: ow China (NGN mn) 1,092,816.851 Jun 2024 monthly Jan 2007 - Jun 2024
Imports: America: ow USA (NGN mn) 263,320.371 Jun 2024 monthly Jan 2003 - 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: Europe: ow Netherlands (NGN mn) 89,695.701 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Chemicals and Chemical Products (NGN mn) 531,688.790 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
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) 42,901.0 Jun 2024 quarterly Dec 2006 - Jun 2024
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: International Capital Market (USD mn) 15,118.350 Jun 2024 quarterly Mar 2011 - Jun 2024
External Debt: Government (USD mn) 42,901.010 Jun 2024 quarterly Dec 2006 - Jun 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 Nov 2024 monthly Nov 2005 - Nov 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: Base Money (NGN mn) 26,891,229.280 Aug 2024 monthly Jan 1993 - Aug 2024
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
Monetary Survey: Liabilities: M2 (NGN mn) 107,182,219.490 Aug 2024 monthly Nov 1992 - Aug 2024
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
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) 12.8 Oct 2024 monthly Jul 2015 - Oct 2024

More Indicators for Nigeria

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