Tariff rates in Nigeria
Nigeria: Tariff rates was 9.34 in 2022. ◆ Volatile
Tariff rates in Nigeria, 1988–2022
Source: Our World in Data.
Analysis
In 2022, tariff rates in Nigeria stood at 9.34.
The figure is down 23.4% on the previous year and down 8.0% over ten years.
Over the whole period, tariff rates in Nigeria peaked at 91.27 in 1995 and was at its lowest, 8.22, in 2015.
That places Nigeria 40th out of 184 countries with data for 2022, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rates in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1988 | 23.8 | — |
| 1989 | 24.69 | +3.7% |
| 1990 | 24.83 | +0.6% |
| 1992 | 25.32 | +2.0% |
| 1995 | 91.27 | +260.5% |
| 1996 | 16.06 | -82.4% |
| 1997 | 16.21 | +0.9% |
| 1998 | 16.21 | +0.0% |
| 1999 | 19.77 | +22.0% |
| 2000 | 19.99 | +1.1% |
| 2001 | 21.47 | +7.4% |
| 2002 | 18.45 | -14.1% |
| 2003 | 20.62 | +11.8% |
| 2005 | 9.34 | -54.7% |
| 2006 | 9.4 | +0.6% |
| 2008 | 9.79 | +4.1% |
| 2009 | 9.83 | +0.4% |
| 2010 | 10.7 | +8.9% |
| 2011 | 10.15 | -5.1% |
| 2013 | 10.07 | -0.8% |
| 2014 | 11.34 | +12.6% |
| 2015 | 8.22 | -27.5% |
| 2016 | 8.52 | +3.6% |
| 2020 | 12.37 | +45.2% |
| 2021 | 12.2 | -1.4% |
| 2022 | 9.34 | -23.4% |
Nigeria compared with similar countries
- Nigeria's 9.34 is above the median for lower middle income countries, which is 7.43, 1.3× the median. (46 countries reporting)
- Nigeria's 9.34 is above the median for Sub-Saharan Africa, which is 8.85, 1.1× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Tariff rates in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +260.5% | 25.32 | 91.27 |
| 1996 | -82.4% | 91.27 | 16.06 |
| 2005 | -54.7% | 20.62 | 9.34 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 24.25 | 23.8 | 24.69 | 2 |
| 1990s | 29.95 | 16.06 | 91.27 | 7 |
| 2000s | 14.86 | 9.34 | 21.47 | 8 |
| 2010s | 9.83 | 8.22 | 11.34 | 6 |
| 2020s | 11.3 | 9.34 | 12.37 | 3 |
Countries ranked near Nigeria
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
Frequently asked questions
- What is tariff rates in Nigeria?
- Tariff rates in Nigeria was 9.34 in 2022, according to Our World in Data.
- What is the highest tariff rates recorded in Nigeria?
- The highest recorded value was 91.27 in 1995.
- What is the lowest tariff rates recorded in Nigeria?
- The lowest recorded value was 8.22 in 2015.
- How does Nigeria rank for tariff rates?
- Nigeria ranks 40th out of 184 countries with data for 2022.
- Is tariff rates rising or falling in Nigeria?
- Over the last ten years it is down 8.0%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Our World in Data, published as part of Tariff rates. Statizoid updates them automatically from the source API.
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