10_Insured export credit exposures, short term (BU), per square in Nigeria

Nigeria: 10_Insured export credit exposures, short term (BU), per square was 2,914 BU per square kilometre in 2023. ▲ Rising

Latest (2023)
2,914 BU per square kilometre
Change on year
down 3.7%
World rank
143rd
of 210 countries
All-time high
3,026 BU per square kilometre
in 2022
All-time low
323.9 BU per square kilometre
in 2005
Years of data
19
2005–2023

10_Insured export credit exposures, short term (BU), per square in Nigeria, 2005–2023

01.0k2.0k3.0k2005201420232005: 323.9 BU per square kilometre2006: 542.4 BU per square kilometre2007: 734.5 BU per square kilometre2008: 1.1k BU per square kilometre2009: 1.1k BU per square kilometre2010: 1.0k BU per square kilometre2011: 1.4k BU per square kilometre2012: 1.5k BU per square kilometre2013: 1.6k BU per square kilometre2014: 1.7k BU per square kilometre2015: 1.4k BU per square kilometre2016: 1.8k BU per square kilometre2017: 1.5k BU per square kilometre2018: 1.6k BU per square kilometre2019: 2.0k BU per square kilometre2020: 2.7k BU per square kilometre2021: 2.9k BU per square kilometre2022: 3.0k BU per square kilometre2023: 2.9k BU per square kilometre

Source: Statizoid (derived). Measured in BU per square kilometre.

Analysis

In 2023, 10_insured export credit exposures, short term (bu), per square in Nigeria stood at 2,914 BU per square kilometre.

The figure is down 3.7% on the previous year and up 86.0% over ten years.

Over the whole period, 10_insured export credit exposures, short term (bu), per square in Nigeria peaked at 3,026 BU per square kilometre in 2022 and was at its lowest, 323.9 BU per square kilometre, in 2005.

Nigeria ranks 143rd of 210 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

10_Insured export credit exposures, short term (BU), per square in Nigeria, year by year

Annual values for 10_Insured export credit exposures, short term (BU), per square kilometre in Nigeria, 2005 to 2023.
Year BU per square kilometre Change
2005 323.9 BU per square kilometre —
2006 542.4 BU per square kilometre +67.5%
2007 734.54 BU per square kilometre +35.4%
2008 1,140 BU per square kilometre +55.2%
2009 1,113 BU per square kilometre -2.3%
2010 1,036 BU per square kilometre -6.9%
2011 1,435 BU per square kilometre +38.5%
2012 1,490 BU per square kilometre +3.8%
2013 1,567 BU per square kilometre +5.2%
2014 1,704 BU per square kilometre +8.8%
2015 1,423 BU per square kilometre -16.5%
2016 1,805 BU per square kilometre +26.9%
2017 1,494 BU per square kilometre -17.2%
2018 1,555 BU per square kilometre +4.0%
2019 2,041 BU per square kilometre +31.3%
2020 2,713 BU per square kilometre +32.9%
2021 2,850 BU per square kilometre +5.1%
2022 3,026 BU per square kilometre +6.2%
2023 2,914 BU per square kilometre -3.7%

Nigeria compared with similar countries

  • Nigeria's 2,914 BU per square kilometre is above the median for lower middle income countries, which is 2,760 BU per square kilometre, 1.1× the median. (46 countries reporting)
  • Nigeria's 2,914 BU per square kilometre is above the median for Sub-Saharan Africa, which is 1,097 BU per square kilometre, 2.7× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 770.77 BU per square kilometre 323.9 BU per square kilometre 1,140 BU per square kilometre 5
2010s 1,555 BU per square kilometre 1,036 BU per square kilometre 2,041 BU per square kilometre 10
2020s 2,876 BU per square kilometre 2,713 BU per square kilometre 3,026 BU per square kilometre 4

Countries ranked near Nigeria

  1. 140 Kenya 4,068 BU per square kilometre compare
  2. 141 Canada 3,941 BU per square kilometre compare
  3. 142 Australia 3,469 BU per square kilometre compare
  4. 144 Benin 2,820 BU per square kilometre compare
  5. 145 Bhutan 2,701 BU per square kilometre compare
  6. 146 Uzbekistan 2,646 BU per square kilometre compare

See the full ranking of 210 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is 10_insured export credit exposures, short term (bu), per square in Nigeria?
10_insured export credit exposures, short term (bu), per square in Nigeria was 2,914 BU per square kilometre in 2023, according to Statizoid (derived).
What is the highest 10_insured export credit exposures, short term (bu), per square recorded in Nigeria?
The highest recorded value was 3,026 BU per square kilometre in 2022.
What is the lowest 10_insured export credit exposures, short term (bu), per square recorded in Nigeria?
The lowest recorded value was 323.9 BU per square kilometre in 2005.
How does Nigeria rank for 10_insured export credit exposures, short term (bu), per square?
Nigeria ranks 143rd out of 210 countries with data for 2023.
Is 10_insured export credit exposures, short term (bu), per square rising or falling in Nigeria?
Over the last ten years it is up 86.0%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from Statizoid (derived), published as part of 10_Insured export credit exposures, short term (BU), per square kilometre. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

10_Insured export credit exposures, short term (BU), per square in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/10-insured-export-credit-exposures-short-term-bu-per-square-kilometre/nigeria/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://reference.statizoid.com/stat/10-insured-export-credit-exposures-short-term-bu-per-square-kilometre/nigeria/">10_Insured export credit exposures, short term (BU), per square in Nigeria</a> — Statizoid

How this figure is calculated

10_Insured export credit exposures, short term (BU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

10_Insured export credit exposures, short term (BU) ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
10_Insured export credit exposures, short term (BU), per square kilometre
Unit
BU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 3,953 data points, 2005–2023
Last refreshed

10_Insured export credit exposures, short term (BU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.