Nigeria Motor Vehicles Sales
2005 - 2019 | Yearly | Unit | CEIC Data
Key information about Nigeria Motor Vehicles Sales
- Nigeria Motor Vehicles Sales recorded 9,800 units in Dec 2019, compared with 17,000 units in the previous year.
- Nigeria Motor Vehicles Sales is updated yearly, available from 2005 to 2019, with an averaged number of 23,000 units.
- The data reached an all-time high of 53,900 units in Dec 2014 and a record low of 8,200 units in Dec 2017.
CEIC calculates annual Motor Vehicles Sales from semiannual Motor Vehicles Sales. The International Organization of Motor Vehicle Manufacturers provides year-to-date Motor Vehicles Sales.
View Nigeria's Motor Vehicles Sales from 2005 to 2019 in the chart:
What was Nigeria's Motor Vehicles Sales in 2019?
Nigeria Motor Vehicles Sales recorded 9,800 units in Dec 2019, compared with 17,000 units in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 9,800 2019 | 17,000 2018 | 8,200 2017 | 53,900 2014 | Unit | yearly | 2005 - 2019 |
Motor Vehicles Sales by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (Unit) | 3,400 2019 | yearly | 2005 - 2019 |
| Algeria (Unit) | 125,000 2019 | yearly | 2005 - 2019 |
| Argentina (Unit) | 43,627 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
| Armenia (Unit) | 1,210 2019 | yearly | 2005 - 2019 |
| Australia (Unit) | 98,375 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Austria (Unit) | 278,896 2023 | yearly | 2005 - 2023 |
| Azerbaijan (Unit) | 6,700 2019 | yearly | 2005 - 2019 |
| Bahrain (Unit) | 30,200 2019 | yearly | 2005 - 2019 |
| Bangladesh (Unit) | 4,900 2019 | yearly | 2005 - 2019 |
| Belarus (Unit) | 63,275 2019 | yearly | 2005 - 2019 |
| Belgium (Unit) | 555,002 2023 | yearly | 2005 - 2023 |
| Bolivia (Unit) | 29,884 2019 | yearly | 2005 - 2019 |
| Bosnia and Herzegovina (Unit) | 11,358 2019 | yearly | 2005 - 2019 |
| Botswana (Unit) | 1,050 2019 | yearly | 2005 - 2019 |
| Brazil (Unit) | 264,931 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Brunei (Unit) | 1,285 Nov 2020 | monthly | Jan 2010 - Nov 2020 |
| Bulgaria (Unit) | 44,997 2023 | yearly | 2005 - 2023 |
| Cambodia (Unit) | 4,567 2019 | yearly | 2005 - 2019 |
| Canada (Unit) | 168,620 Aug 2024 | monthly | Jan 1946 - Aug 2024 |
| Chile (Unit) | 26,904 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| China (Unit) | 2,808,921 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Colombia (Unit) | 16,031 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| Croatia (Unit) | 67,313 2023 | yearly | 2005 - 2023 |
| Cyprus (Unit) | 14,250 2019 | yearly | 2005 - 2019 |
| Czech Republic (Unit) | 9,212 Dec 2020 | monthly | Jan 2011 - Dec 2020 |
| Denmark (Unit) | 203,951 2023 | yearly | 2005 - 2023 |
| Ecuador (Unit) | 124,059 2023 | yearly | 2005 - 2023 |
| Egypt (Unit) | 86,044 2023 | yearly | 2005 - 2023 |
| Estonia (Unit) | 37,211 2019 | yearly | 2005 - 2019 |
| Finland (Unit) | 102,730 2023 | yearly | 2005 - 2023 |
| France (Unit) | 1,929,554 2022 | yearly | 2005 - 2022 |
| Georgia (Unit) | 3,400 2019 | yearly | 2005 - 2019 |
| Germany (Unit) | 3,204,298 2023 | yearly | 2005 - 2023 |
| Ghana (Unit) | 5,700 2019 | yearly | 2005 - 2019 |
| Greece (Unit) | 145,606 2023 | yearly | 2005 - 2023 |
| Hong Kong SAR, China (Unit) | 34,116 2019 | yearly | 2005 - 2019 |
| Hungary (Unit) | 135,648 2023 | yearly | 2005 - 2023 |
| Iceland (Unit) | 13,137 2019 | yearly | 2005 - 2019 |
| India (Unit) | 340,832 Mar 2022 | monthly | May 2001 - Mar 2022 |
| Indonesia (Unit) | 72,667 Sep 2024 | monthly | Jan 1989 - Sep 2024 |
| Iran (Unit) | 655,515 2019 | yearly | 2005 - 2019 |
| Ireland (Unit) | 154,247 2023 | yearly | 2005 - 2023 |
| Israel (Unit) | 359,337 2023 | yearly | 2005 - 2023 |
| Italy (Unit) | 1,794,655 2023 | yearly | 2005 - 2023 |
| Ivory Coast (Unit) | 11,165 2019 | yearly | 2005 - 2019 |
| Japan (Unit) | 402,310 Oct 2024 | monthly | Jan 1991 - Oct 2024 |
| Jordan (Unit) | 22,000 2019 | yearly | 2005 - 2019 |
| Kazakhstan (Unit) | 173,506 2023 | yearly | 2005 - 2023 |
| Kenya (Unit) | 5,643 2019 | yearly | 2005 - 2019 |
| South Korea (Unit) | 130,892 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Kuwait (Unit) | 129,448 2023 | yearly | 2005 - 2023 |
| Kyrgyzstan (Unit) | 1,505 2019 | yearly | 2005 - 2019 |
| Laos (Unit) | 10,400 2019 | yearly | 2005 - 2019 |
| Latvia (Unit) | 19,488 2019 | yearly | 2005 - 2019 |
| Lebanon (Unit) | 23,383 2019 | yearly | 2005 - 2019 |
| Lithuania (Unit) | 47,382 2019 | yearly | 2005 - 2019 |
| Luxembourg (Unit) | 60,239 2019 | yearly | 2005 - 2019 |
| North Macedonia (Unit) | 4,660 2019 | yearly | 2005 - 2019 |
| Malawi (Unit) | 1,538 2019 | yearly | 2005 - 2019 |
| Malaysia (Unit) | 58,032 Sep 2024 | monthly | Jul 1994 - Sep 2024 |
| Malta (Unit) | 8,495 2019 | yearly | 2005 - 2019 |
| Mauritius (Unit) | 10,439 2019 | yearly | 2005 - 2019 |
| Mexico (Unit) | 133,086 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
| Moldova (Unit) | 6,875 2019 | yearly | 2005 - 2019 |
| Mongolia (Unit) | 3,800 2019 | yearly | 2005 - 2019 |
| Morocco (Unit) | 161,504 2023 | yearly | 2005 - 2023 |
| Myanmar (Unit) | 21,707 2019 | yearly | 2005 - 2019 |
| Nepal (Unit) | 21,805 2019 | yearly | 2005 - 2019 |
| Netherlands (Unit) | 457,984 2023 | yearly | 2005 - 2023 |
| New Zealand (Unit) | 149,260 2023 | yearly | 1975 - 2023 |
| Nigeria (Unit) | 9,800 2019 | yearly | 2005 - 2019 |
| Norway (Unit) | 164,053 2023 | yearly | 2005 - 2023 |
| Oman (Unit) | 63,500 2019 | yearly | 2005 - 2019 |
| Pakistan (Unit) | 9,698 Sep 2024 | monthly | Jul 2005 - Sep 2024 |
| Palestinian Territory (Unit) | 109 2019 | yearly | 2005 - 2019 |
| Panama (Unit) | 4,056 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| Paraguay (Unit) | 27,874 2019 | yearly | 2005 - 2019 |
| Peru (Unit) | 165,146 2023 | yearly | 2005 - 2023 |
| Philippines (Unit) | 39,542 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
| Poland (Unit) | 576,850 2023 | yearly | 2005 - 2023 |
| Portugal (Unit) | 18,056 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Qatar (Unit) | 47,550 2019 | yearly | 2005 - 2019 |
| Romania (Unit) | 170,718 2023 | yearly | 2005 - 2023 |
| Russia (Unit) | 177,505 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
| Saudi Arabia (Unit) | 758,791 2023 | yearly | 2005 - 2023 |
| Serbia (Unit) | 29,250 2019 | yearly | 2005 - 2019 |
| Singapore (Unit) | 5,167 Sep 2024 | monthly | Jan 2010 - Sep 2024 |
| Slovakia (Unit) | 101,842 2023 | yearly | 2005 - 2023 |
| Slovenia (Unit) | 55,924 2022 | yearly | 2005 - 2022 |
| South Africa (Unit) | 47,924 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| Spain (Unit) | 1,127,868 2023 | yearly | 2005 - 2023 |
| Sri Lanka (Unit) | 9,545 2019 | yearly | 2005 - 2019 |
| Sudan (Unit) | 1,696 2019 | yearly | 2005 - 2019 |
| Sweden (Unit) | 341,842 2023 | yearly | 2005 - 2023 |
| Switzerland (Unit) | 287,436 2023 | yearly | 2005 - 2023 |
| Syria (Unit) | 12,700 2019 | yearly | 2005 - 2019 |
| Taiwan (Unit) | 16,002 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Tajikistan (Unit) | 2,450 2019 | yearly | 2005 - 2019 |
| Thailand (Unit) | 39,048 Sep 2024 | monthly | Dec 1991 - Sep 2024 |
| Tunisia (Unit) | 48,700 2019 | yearly | 2005 - 2019 |
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 Balance (NGN bn) | -4,533.420 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Expenditure: Capital (NGN bn) | 250.290 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Gross Federation Account Revenue (NGN bn) | 6,285.040 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: 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) | 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: 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: 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: 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: 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: 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) | 42,495.2 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: 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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