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:
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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Learn more about what we doNigeria Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.4 Mar 2024 | quarterly | Dec 2010 - Mar 2024 |
| Consolidated Fiscal Balance (USD mn) | -1,701.594 Mar 2024 | quarterly | Mar 2005 - Mar 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 Balance (NGN bn) | -2,245.790 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Gross Federation Account Revenue: Oil (NGN bn) | 1,530.910 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Gross Federation Account Revenue (NGN bn) | 4,876.700 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Federal Govt Revenue (NGN bn) | 1,445.670 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Federal Govt Expenditure (NGN bn) | 3,691.460 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 3,111.800 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Federal Govt Expenditure: Capital (NGN bn) | 235.110 Mar 2024 | quarterly | Mar 2005 - Mar 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 |
| 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: Vegetable Products (NGN mn) | 786,963.687 2023 | yearly | 2003 - 2023 |
| 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 |
| Imports: Europe: ow Netherlands (NGN mn) | 89,695.701 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Europe: ow Germany (NGN mn) | 91,725.002 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: 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: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 564,023.272 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: Food and Live Animals (NGN mn) | 464,465.517 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Manufactured Goods (NGN mn) | 415,104.163 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) | 42,495.2 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: International Capital Market (USD mn) | 15,118.350 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
| External Debt: Government (USD mn) | 42,495.160 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| 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 (%) | 14.126 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) | 13.8 Sep 2024 | monthly | Jul 2015 - Sep 2024 |
More Indicators for Nigeria
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