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
Buy Selected Data
Includes Motor Vehicles Sales on 110 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (Unit) | 3,400 2019 | yearly | 2005 - 2019 |
| Algeria (Unit) | 125,000 2019 | yearly | 2005 - 2019 |
| Argentina (Unit) | 22,450 Apr 2024 | monthly | Jan 1996 - Apr 2024 |
| Armenia (Unit) | 1,210 2019 | yearly | 2005 - 2019 |
| Australia (Unit) | 97,202 Apr 2024 | monthly | Jan 1994 - Apr 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) | 220,805 Apr 2024 | monthly | Jan 2002 - Apr 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) | 172,104 Mar 2024 | monthly | Jan 1946 - Mar 2024 |
| Chile (Unit) | 26,522 Apr 2024 | monthly | Jan 2009 - Apr 2024 |
| China (Unit) | 2,358,835 Apr 2024 | monthly | Jan 2000 - Apr 2024 |
| Colombia (Unit) | 14,375 Mar 2024 | monthly | Jan 2003 - Mar 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) | 48,637 Apr 2024 | monthly | Jan 1989 - Apr 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) | 310,346 Apr 2024 | monthly | Jan 1991 - Apr 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) | 141,231 Apr 2024 | monthly | Jan 1994 - Apr 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) | 71,052 Mar 2024 | monthly | Jul 1994 - Mar 2024 |
| Malta (Unit) | 8,495 2019 | yearly | 2005 - 2019 |
| Mauritius (Unit) | 10,439 2019 | yearly | 2005 - 2019 |
| Mexico (Unit) | 116,504 Apr 2024 | monthly | Jan 1995 - Apr 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) | 9,468 Mar 2024 | monthly | Jul 2005 - Mar 2024 |
| Palestinian Territory (Unit) | 109 2019 | yearly | 2005 - 2019 |
| Panama (Unit) | 4,251 Mar 2024 | monthly | Jan 2005 - Mar 2024 |
| Paraguay (Unit) | 27,874 2019 | yearly | 2005 - 2019 |
| Peru (Unit) | 165,146 2023 | yearly | 2005 - 2023 |
| Philippines (Unit) | 37,474 Mar 2024 | monthly | Jan 1996 - Mar 2024 |
| Poland (Unit) | 576,850 2023 | yearly | 2005 - 2023 |
| Portugal (Unit) | 20,895 Apr 2024 | monthly | Jan 2000 - Apr 2024 |
| Qatar (Unit) | 47,550 2019 | yearly | 2005 - 2019 |
| Romania (Unit) | 170,718 2023 | yearly | 2005 - 2023 |
| Russia (Unit) | 126,140 Apr 2024 | monthly | Jan 2008 - Apr 2024 |
| Saudi Arabia (Unit) | 758,791 2023 | yearly | 2005 - 2023 |
| Serbia (Unit) | 29,250 2019 | yearly | 2005 - 2019 |
| Singapore (Unit) | 4,737 Mar 2024 | monthly | Jan 2010 - Mar 2024 |
| Slovakia (Unit) | 101,842 2023 | yearly | 2005 - 2023 |
| Slovenia (Unit) | 55,924 2022 | yearly | 2005 - 2022 |
| South Africa (Unit) | 44,237 Mar 2024 | monthly | Jan 2003 - Mar 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) | 19,726 Apr 2024 | monthly | Jan 1997 - Apr 2024 |
| Tajikistan (Unit) | 2,450 2019 | yearly | 2005 - 2019 |
| Thailand (Unit) | 56,099 Mar 2024 | monthly | Dec 1991 - Mar 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
Buy Selected Data
Includes 184 key indicators for Nigeria, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.8 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Consolidated Fiscal Balance (USD mn) | -3,071.175 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| National Government Debt (USD mn) | 101,710.7 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Government Debt: % of GDP (%) | 39.8 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Forecast: Government Expenditure (NGN bn) | 99,387.936 2029 | yearly | 1990 - 2029 |
| Forecast: Government Net Debt (NGN bn) | 205,772.040 2028 | yearly | 1990 - 2028 |
| Forecast: Government Revenue (NGN bn) | 74,924.965 2029 | yearly | 1990 - 2029 |
| Federal Govt Balance (NGN bn) | -2,347.160 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Expenditure: Capital (NGN bn) | 1,043.310 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Gross Federation Account Revenue (NGN bn) | 4,791.390 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Expenditure (NGN bn) | 4,040.180 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 2,791.110 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Gross Federation Account Revenue: Oil (NGN bn) | 814.230 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Revenue (NGN bn) | 1,693.020 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| 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) | 1,889.4 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Total Exports (USD mn) | 4,751.7 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Total Exports Growth (%) | 82.1 Dec 2023 | monthly | Jan 2004 - Dec 2023 |
| Aluminum: Exports (USD th) | 165,856.846 2022 | yearly | 1995 - 2022 |
| 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 (%) | 34.5 Sep 2023 | monthly | Jan 2004 - Sep 2023 |
| 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) | 332.105 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Total Imports from USA (USD mn) | 176.789 Dec 2023 | monthly | Dec 2009 - Dec 2023 |
| Total Exports to China (USD mn) | 24.772 Sep 2023 | monthly | Jan 2007 - Sep 2023 |
| Total Imports from China (USD mn) | 715.679 Sep 2023 | monthly | Jan 2007 - Sep 2023 |
| Imports (NGN mn) | 2,429,185.197 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Total Trade (NGN mn) | 6,865,948.584 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Growth Rate: MoM (%) | -14.374 Dec 2023 | monthly | Jan 2019 - Dec 2023 |
| Exports: Growth Rate: MoM (%) | 0.389 Dec 2023 | monthly | Jan 2019 - Dec 2023 |
| Exports: Crude Oil (NGN mn) | 3,404,818.113 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: Europe: ow Netherlands (NGN mn) | 523,568.988 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: Europe: ow UK (NGN mn) | 93,037.938 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: America: ow USA (NGN mn) | 299,453.208 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports (NGN mn) | 4,284,566.609 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: Mineral Products (NGN mn) | 24,389,951.388 2022 | yearly | 2003 - 2022 |
| Exports: Vegetable Products (NGN mn) | 316,546.604 2022 | yearly | 2003 - 2022 |
| Imports: Europe: ow Germany (NGN mn) | 68,742.651 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Imports: America: ow USA (NGN mn) | 159,407.643 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Europe: ow UK (NGN mn) | 71,966.938 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Imports: Asia: ow China (NGN mn) | 631,502.155 Dec 2023 | monthly | Jan 2007 - Dec 2023 |
| Imports: Europe: ow Netherlands (NGN mn) | 158,090.619 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 810,486.908 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Chemicals and Chemical Products (NGN mn) | 385,751.608 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Food and Live Animals (NGN mn) | 364,417.505 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Manufactured Goods (NGN mn) | 184,959.341 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Imports: Machinery and Transport Equipment (NGN mn) | 639,703.694 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 44.0 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Current Account Balance (USD mn) | 1,545.4 Sep 2023 | quarterly | Mar 2014 - Sep 2023 |
| Current Account Balance: % of GDP (%) | 1.9 Sep 2023 | quarterly | Mar 2014 - Sep 2023 |
| Foreign Direct Investment (USD mn) | 1,197.6 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Foreign Direct Investment: % of GDP (%) | 1.1 Sep 2023 | quarterly | Mar 2010 - Sep 2023 |
| Foreign Portfolio Investment (USD mn) | 2,876.923 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 3.6 Sep 2023 | quarterly | Mar 2010 - Sep 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 270.9 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 2,606.059 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| 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) | 0.890 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD mn) | -90,273.874 2022 | yearly | 2005 - 2022 |
| 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 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Capital Inflow: Foreign Direct Investment (USD) | 20,080,525.860 Nov 2022 | monthly | Jan 2007 - Nov 2022 |
| 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) | 24,423.728 Mar 2024 | monthly | Nov 1992 - Mar 2024 |
| Money Supply M2 (USD mn) | 69,409.454 Mar 2024 | monthly | Nov 1992 - Mar 2024 |
| M2 Growth (%) | 70.4 Mar 2024 | monthly | Nov 1993 - Mar 2024 |
| Reserve Requirement Ratio (%) | 45.0 Apr 2024 | monthly | Nov 2005 - Apr 2024 |
| Foreign Exchange Reserves (USD mn) | 33,217.6 Dec 2023 | monthly | Jan 1960 - Dec 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 8.942 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 11.6 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Gold Reserves (USD mn) | 1,273.284 Sep 2023 | monthly | Dec 1950 - Sep 2023 |
| 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) | 68,258.1 Mar 2024 | monthly | Nov 1992 - Mar 2024 |
| Domestic Credit Growth (%) | 28.7 Mar 2024 | monthly | Nov 1993 - Mar 2024 |
| Private Debt: % of Nominal GDP (%) | 16.22 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) | 32,489,908.180 Mar 2024 | monthly | Nov 1992 - Mar 2024 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 59,842,712.030 Mar 2024 | monthly | Nov 1992 - Mar 2024 |
| Monetary Survey: Liabilities: M2 (NGN mn) | 92,332,620.210 Mar 2024 | monthly | Nov 1992 - Mar 2024 |
| Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
| Monetary Survey: Liabilities: Base Money (NGN mn) | 23,384,818.660 Mar 2024 | monthly | Jan 1993 - Mar 2024 |
| Non Performing Loans to Gross Loans (%) | 4.210 Dec 2022 | semiannually | Dec 2003 - Dec 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -0.6 Nov 2023 | monthly | Jul 2015 - Nov 2023 |
More Indicators for Nigeria
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.