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Trade Openness / Nigeria
Trade

Nigeria Trade Openness

Nigeria trade openness data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 26.17 percent of GDP.
COUNTRY: Nigeria
UNIT: percent of GDP
SOURCE: World Bank / public data sources
CACHE: live
UPDATED: 2026-09-21 05:10:07
Economy Data Rating
Nigeria · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BB
58 / 100
Moderate risk · limited data
Fiscal stability n/a
Macroeconomic stability 12 / 20
External stability 10.9 / 15
Financial robustness 6.3 / 15
Structural stability n/a
Future capacity 5.8 / 10
Demographic capacity n/a
Method: Economy Data 7-pillar stability model with structural financial robustness adjustment. This is a transparent Economy Data heuristic, not an official sovereign credit rating. Data coverage: 57% of weighted inputs available.
Time range: 1960–1960 1960– 1960
1960 1960
Selected year: 1960 · Value: n/a 1960

Nigeria · trade in goods and services as a percentage of gdp.

1960–1960
26.17 percent of GDP
n/a percent of GDP
26.17 percent of GDP
109 selected year
max 8 6 4 2 0
1960
trade openness rate reference line

Countries by trade openness

full ranking
Country Rate Class
Hong Kong 396.65
Luxembourg 349.89
Singapore 320.31
Ireland 239.96
United Arab Emirates 199.04
Cyprus 189.5
Vietnam 173.86
Slovakia 170.34

Interpretation

short note

This trade indicator helps assess the openness and external orientation of an economy.

Values should be interpreted together with country context, time range, source coverage and related macroeconomic indicators.

Production version: show source, timestamp and fallback status here.

Comparison

latest
Egypt 51.33
South Africa 60.91
Kenya 37.52
United States 25.02
China 37.96

Related indicators

internal links
Exports NE.EXP.GNFS.ZS
Imports NE.IMP.GNFS.ZS
Current Account Balance BN.CAB.XOKA.GD.ZS
GDP Growth NY.GDP.MKTP.KD.ZG
FDI Inflows BX.KLT.DINV.WD.GD.ZS

Source layer

planned

Production version should display source, timestamp and fallback status here.

Provider: worldbank · Indicator code: NE.TRD.GNFS.ZS

Cache: live · Updated: 2026-09-21 05:10:07

Nigeria Snapshot

country profile
Population 232.68 m
GDP 290.79 bn
Debt/GDP n/a
Inflation 23.01%
Unemployment 3.06%
Currency n/a
Region Africa
Income group Lower middle income

Nigeria Trade Openness: data context and use

This page is part of the Economy Data indicator system. It provides structured country-level economic data, historical series, rankings and comparison views for researchers, students, journalists and decision makers. The page combines indicator metadata, country context, latest available values, ranking information and source notes.

The selected indicator is Trade Openness for Nigeria. The data are designed for quick comparison across countries and for deeper interpretation together with related macroeconomic indicators such as GDP growth, government debt, unemployment, current account balance, exports, imports, population and inequality.

Keyphrase synonyms: nigeria trade openness rate, trade openness data nigeria, nigeria trade openness statistics, nigeria percent of gdp, trade in goods and services as a percentage of gdp..