Imports in Nigeria
Nigeria's economy recorded an average growth rate of 10.0% in imports in the decade to 2022, above the -0.6% average for Sub-Saharan Africa. In 2022, Nigeria's imports growth was 53.9%. For more imports information, visit our dedicated page.
Nigeria Imports Chart
Note: This chart displays Imports (G&S, ann. var. %) for Nigeria from 2021 to 2023.
Source: Macrobond.
Nigeria Imports Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Imports (G&S, ann. var. %) | 27.3 | -61.9 | 44.4 | 53.9 | -18.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Nigerian imports projections for the next ten years from a panel of 7 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable imports forecast available for Nigerian imports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Nigerian imports projections.
Want to get access to the full dataset of Nigerian imports forecasts? Send an email to info@focus-economics.com.