Exports as a share of GDP fell 42.9% to 0.081% in Nigeria in 2020, according to the National Statistical Office.
Historically, exports as a share of GDP in Nigeria reached an all time high of 0.360% in 2000 and an all time low of 0.052% in 1986. When compared to Nigeria's main peers, exports as a share of GDP in Benin amounted to 0.199%, 0.152% in Cameroon, 0.267% in Chad and 0.103% in Niger in 2020.
Nigeria has been ranked 156th within the group of 163 countries we follow in terms of exports as a share of GDP, 34 places below the position seen 10 years ago.
Exports (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Algeria | % | 0.232% | 0.209% | 0.226% | 0.259% | 0.227% | ||||||||||||||||
Benin | % | 0.247% | 0.276% | 0.272% | 0.273% | 0.296% | ||||||||||||||||
Burkina Faso | % | 0.261% | 0.259% | 0.265% | 0.281% | 0.276% | ... | ... | ||||||||||||||
Cameroon | % | 0.210% | 0.189% | 0.184% | 0.187% | 0.199% | ||||||||||||||||
Central African Republic | % | 0.171% | 0.148% | 0.173% | 0.159% | 0.158% | ||||||||||||||||
Chad | % | 0.300% | 0.263% | 0.339% | 0.362% | 0.367% | ||||||||||||||||
Gabon | % | 0.460% | 0.440% | 0.502% | 0.543% | 0.514% | ||||||||||||||||
Libya | % | 0.222% | 0.146% | 0.272% | 0.396% | 0.428% | ... | |||||||||||||||
Mali | % | 0.240% | 0.234% | 0.222% | 0.245% | 0.257% | ||||||||||||||||
Niger | % | 0.143% | 0.122% | 0.133% | 0.118% | 0.114% | ||||||||||||||||
Nigeria | % | 0.107% | 0.092% | 0.132% | 0.155% | 0.142% | ||||||||||||||||
Sudan | % | 0.007% | 0.007% | 0.007% | 0.006% | 0.006% | ||||||||||||||||
Togo | % | 0.358% | 0.269% | 0.253% | 0.239% | 0.231% |