Nigeria Motor Vehicles Sales

2005 - 2019 | Yearly | Unit | CEIC Data

Key information about Nigeria Motor Vehicles Sales

  • Nigeria Motor Vehicles Sales recorded 9,800 units in Dec 2019, compared with 17,000 units in the previous year.
  • Nigeria Motor Vehicles Sales is updated yearly, available from 2005 to 2019, with an averaged number of 50,000 units.
  • The data reached an all-time high of 53,900 units in Dec 2014 and a record low of 8,200 units in Dec 2017.

The International Organization of Motor Vehicle Manufacturers provides annual Motor Vehicles Sales.

View Nigeria's Motor Vehicles Sales from 2005 to 2019 in the chart:

Nigeria Motor Vehicles Sales

What was Nigeria's Motor Vehicles Sales in 2019?

Nigeria Motor Vehicles Sales recorded 9,800 units in Dec 2019, compared with 17,000 units in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
9,800 2019 17,000 2018 8,200 2017 53,900 2014 Unit yearly 2005 - 2019

Motor Vehicles Sales by Country Comparison

country/region Last Frequency Range
Albania (Unit) 3,400 2019 yearly 2005 - 2019
Algeria (Unit) 125,000 2019 yearly 2005 - 2019
Argentina (Unit) 44,801 Oct 2025 monthly Jan 1996 - Oct 2025
Armenia (Unit) 1,210 2019 yearly 2005 - 2019
Australia (Unit) 97,037 Nov 2025 monthly Jan 1994 - Nov 2025
Austria (Unit) 295,852 2024 yearly 2005 - 2024
Azerbaijan (Unit) 6,700 2019 yearly 2005 - 2019
Bahrain (Unit) 30,200 2019 yearly 2005 - 2019
Bangladesh (Unit) 4,900 2019 yearly 2005 - 2019
Belarus (Unit) 63,275 2019 yearly 2005 - 2019
Belgium (Unit) 524,180 2024 yearly 2005 - 2024
Bolivia (Unit) 29,884 2019 yearly 2005 - 2019
Bosnia and Herzegovina (Unit) 11,358 2019 yearly 2005 - 2019
Botswana (Unit) 1,050 2019 yearly 2005 - 2019
Brazil (Unit) 238,601 Nov 2025 monthly Jan 2002 - Nov 2025
Brunei (Unit) 1,285 Nov 2020 monthly Jan 2010 - Nov 2020
Bulgaria (Unit) 55,023 2024 yearly 2005 - 2024
Cambodia (Unit) 4,567 2019 yearly 2005 - 2019
Canada (Unit) 168,731 Sep 2025 monthly Jan 1946 - Sep 2025
Chile (Unit) 25,473 Oct 2025 monthly Jan 2014 - Oct 2025
China (Unit) 3,322,094 Oct 2025 monthly Jan 2000 - Oct 2025
Colombia (Unit) 25,076 Sep 2025 monthly Jan 2003 - Sep 2025
Croatia (Unit) 75,760 2024 yearly 2005 - 2024
Cyprus (Unit) 14,250 2019 yearly 2005 - 2019
Czech Republic (Unit) 9,212 Dec 2020 monthly Jan 2011 - Dec 2020
Denmark (Unit) 206,493 2024 yearly 2005 - 2024
Ecuador (Unit) 93,812 2024 yearly 2005 - 2024
Egypt (Unit) 96,862 2024 yearly 2005 - 2024
Estonia (Unit) 37,211 2019 yearly 2005 - 2019
Finland (Unit) 87,794 2024 yearly 2005 - 2024
France (Unit) 2,155,052 2024 yearly 2005 - 2024
Georgia (Unit) 3,400 2019 yearly 2005 - 2019
Germany (Unit) 3,192,031 2024 yearly 2005 - 2024
Ghana (Unit) 5,700 2019 yearly 2005 - 2019
Greece (Unit) 148,701 2024 yearly 2005 - 2024
Hong Kong SAR, China (Unit) 34,116 2019 yearly 2005 - 2019
Hungary (Unit) 152,090 2024 yearly 2005 - 2024
Iceland (Unit) 13,137 2019 yearly 2005 - 2019
India (Unit) 340,832 Mar 2022 monthly May 2001 - Mar 2022
Indonesia (Unit) 74,019 Oct 2025 monthly Jan 1989 - Oct 2025
Iran (Unit) 655,515 2019 yearly 2005 - 2019
Ireland (Unit) 155,422 2024 yearly 2005 - 2024
Israel (Unit) 307,410 2024 yearly 2005 - 2024
Italy (Unit) 1,793,038 2024 yearly 2005 - 2024
Ivory Coast (Unit) 11,165 2019 yearly 2005 - 2019
Japan (Unit) 395,189 Oct 2025 monthly Jan 1991 - Oct 2025
Jordan (Unit) 22,000 2019 yearly 2005 - 2019
Kazakhstan (Unit) 200,186 2024 yearly 2005 - 2024
Kenya (Unit) 5,643 2019 yearly 2005 - 2019
South Korea (Unit) 127,163 Oct 2025 monthly Jan 1994 - Oct 2025
Kuwait (Unit) 128,318 2024 yearly 2005 - 2024
Kyrgyzstan (Unit) 1,505 2019 yearly 2005 - 2019
Laos (Unit) 10,400 2019 yearly 2005 - 2019
Latvia (Unit) 19,488 2019 yearly 2005 - 2019
Lebanon (Unit) 23,383 2019 yearly 2005 - 2019
Lithuania (Unit) 47,382 2019 yearly 2005 - 2019
Luxembourg (Unit) 60,239 2019 yearly 2005 - 2019
North Macedonia (Unit) 4,660 2019 yearly 2005 - 2019
Malawi (Unit) 1,538 2019 yearly 2005 - 2019
Malaysia (Unit) 75,992 Oct 2025 monthly Jul 1994 - Oct 2025
Malta (Unit) 8,495 2019 yearly 2005 - 2019
Mauritius (Unit) 10,439 2019 yearly 2005 - 2019
Mexico (Unit) 132,745 Oct 2025 monthly Jan 1995 - Oct 2025
Moldova (Unit) 6,875 2019 yearly 2005 - 2019
Mongolia (Unit) 3,800 2019 yearly 2005 - 2019
Morocco (Unit) 176,401 2024 yearly 2005 - 2024
Myanmar (Unit) 21,707 2019 yearly 2005 - 2019
Nepal (Unit) 21,805 2019 yearly 2005 - 2019
Netherlands (Unit) 530,567 2024 yearly 2005 - 2024
New Zealand (Unit) 129,028 2024 yearly 1975 - 2024
Nigeria (Unit) 9,800 2019 yearly 2005 - 2019
Norway (Unit) 164,141 2024 yearly 2005 - 2024
Oman (Unit) 63,500 2019 yearly 2005 - 2019
Pakistan (Unit) 17,854 Sep 2025 monthly Jul 2005 - Sep 2025
Palestinian Territory (Unit) 109 2019 yearly 2005 - 2019
Panama (Unit) 4,651 Sep 2025 monthly Jan 2005 - Sep 2025
Paraguay (Unit) 27,874 2019 yearly 2005 - 2019
Peru (Unit) 146,760 2024 yearly 2005 - 2024
Philippines (Unit) 40,014 Oct 2025 monthly Jan 1996 - Oct 2025
Poland (Unit) 648,765 2024 yearly 2005 - 2024
Portugal (Unit) 19,884 Oct 2025 monthly Jan 2000 - Oct 2025
Qatar (Unit) 47,550 2019 yearly 2005 - 2019
Romania (Unit) 179,758 2024 yearly 2005 - 2024
Russia (Unit) 125,457 Sep 2025 monthly Jan 2008 - Sep 2025
Saudi Arabia (Unit) 805,034 2024 yearly 2005 - 2024
Serbia (Unit) 29,250 2019 yearly 2005 - 2019
Singapore (Unit) 4,340 Nov 2024 monthly Jan 2010 - Nov 2024
Slovakia (Unit) 106,134 2024 yearly 2005 - 2024
Slovenia (Unit) 55,924 2022 yearly 2005 - 2022
South Africa (Unit) 55,956 Oct 2025 monthly Jan 2003 - Oct 2025
Spain (Unit) 1,219,241 2024 yearly 2005 - 2024
Sri Lanka (Unit) 9,545 2019 yearly 2005 - 2019
Sudan (Unit) 1,696 2019 yearly 2005 - 2019
Sweden (Unit) 314,485 2024 yearly 2005 - 2024
Switzerland (Unit) 275,836 2024 yearly 2005 - 2024
Syria (Unit) 12,700 2019 yearly 2005 - 2019
Taiwan (Unit) 16,341 Oct 2025 monthly Jan 1997 - Oct 2025
Tajikistan (Unit) 2,450 2019 yearly 2005 - 2019
Thailand (Unit) 47,032 Oct 2025 monthly Dec 1991 - Oct 2025
Tunisia (Unit) 48,700 2019 yearly 2005 - 2019

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Nigeria Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.0 Dec 2024 quarterly Dec 2010 - Dec 2024
Consolidated Fiscal Balance (USD mn) -1,902.660 Dec 2024 quarterly Mar 2005 - Dec 2024
National Government Debt (USD mn) 97,066.2 Jun 2025 quarterly Dec 2006 - Jun 2025
Government Debt: % of GDP (%) 37.5 Jun 2025 quarterly Dec 2010 - Jun 2025
Forecast: Government Expenditure (NGN bn) 109,186.865 2030 yearly 1990 - 2030
Forecast: Government Net Debt (NGN bn) 295,803.687 2030 yearly 1990 - 2030
Forecast: Government Revenue (NGN bn) 80,747.215 2030 yearly 1990 - 2030
Federal Govt Revenue (NGN bn) 2,282.540 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Balance (NGN bn) -3,301.610 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure: Capital (NGN bn) 1,415.860 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross Federation Account Revenue: Oil (NGN bn) 1,304.960 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure (NGN bn) 5,584.150 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross Federation Account Revenue (NGN bn) 6,865.840 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure: Recurrent (NGN bn) 3,732.590 Sep 2024 quarterly Mar 2005 - Sep 2024
Government Debt: Domestic (NGN bn) 69,219.806 Sep 2024 quarterly Dec 2005 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 2,213.2 Jun 2025 monthly Jan 2003 - Jun 2025
Total Exports (USD mn) 4,858.0 Jun 2025 monthly Jan 2003 - Jun 2025
Total Exports Growth (%) 22.6 Jun 2025 monthly Jan 2004 - Jun 2025
Aluminum: Exports (USD th) 242,851.843 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 2,102.688 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 578.589 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,644.8 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports Growth (%) 2.5 Jun 2025 monthly Jan 2004 - Jun 2025
Imports: Medicament (USD th) 605,905.663 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 335,165.261 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 264.685 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports from USA (USD mn) 503.329 Jun 2025 monthly Dec 2009 - Jun 2025
Total Exports to China (USD mn) 174.147 Jun 2025 monthly Jan 2007 - Jun 2025
Total Imports from China (USD mn) 1,013.525 Jun 2025 monthly Jan 2007 - Jun 2025
Total Trade (NGN mn) 10,432,090.965 Sep 2024 monthly Jan 2003 - Sep 2024
Imports (NGN mn) 4,384,900.258 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Crude Oil (NGN mn) 3,905,247.850 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Growth Rate: MoM (%) -17.669 Sep 2024 monthly Jan 2019 - Sep 2024
Imports: Growth Rate: MoM (%) -17.535 Sep 2024 monthly Jan 2019 - Sep 2024
Exports: America: ow USA (NGN mn) 201,983.472 Sep 2024 monthly Jan 2003 - Sep 2024
Exports (NGN mn) 6,047,190.706 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Europe: ow Netherlands (NGN mn) 261,930.167 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Europe: ow UK (NGN mn) 180,704.134 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 53,170.162 2023 yearly 2003 - 2023
Exports: Vegetable Products (NGN mn) 786,963.687 2023 yearly 2003 - 2023
Exports: Mineral Products (NGN mn) 33,075,147.443 2023 yearly 2003 - 2023
Imports: Europe: ow Netherlands (NGN mn) 201,091.335 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: America: ow USA (NGN mn) 446,388.165 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Europe: ow UK (NGN mn) 134,085.602 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Asia: ow China (NGN mn) 1,298,198.961 Sep 2024 monthly Jan 2007 - Sep 2024
Imports: Europe: ow Germany (NGN mn) 135,143.103 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Chemicals and Chemical Products (NGN mn) 614,100.231 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 1,024,863.121 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Manufactured Goods (NGN mn) 488,494.173 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Food and Live Animals (NGN mn) 455,343.676 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Machinery and Transport Equipment (NGN mn) 1,432,150.870 Sep 2024 monthly Jan 2003 - Sep 2024
Export Value Index (2015=100) 93.461 2021 yearly 1980 - 2021
Import Value Index (2015=100) 116.198 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -551.1 Mar 2025 quarterly Mar 2008 - Mar 2025
Current Account Balance (USD mn) 3,726.7 Mar 2025 quarterly Mar 2014 - Mar 2025
Current Account Balance: % of GDP (%) 11.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Foreign Direct Investment (USD mn) 246.9 Mar 2025 quarterly Mar 2014 - Mar 2025
Foreign Direct Investment: % of GDP (%) 0.4 Mar 2025 quarterly Mar 2010 - Mar 2025
Foreign Portfolio Investment (USD mn) -5,026.384 Mar 2025 quarterly Mar 2008 - Mar 2025
Foreign Portfolio Investment: % of GDP (%) -8.1 Mar 2025 quarterly Mar 2010 - Mar 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -133.9 Mar 2025 quarterly Mar 2008 - Mar 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -4,892.510 Mar 2025 quarterly Mar 2008 - Mar 2025
External Debt (USD mn) 46,983.4 Jun 2025 quarterly Dec 2006 - Jun 2025
External Debt: % of GDP (%) 18.6 2024 yearly 1985 - 2024
External Debt: Short Term (USD mn) 1,005.6 2020 yearly 2008 - 2020
External Debt: Short Term: % of GDP (%) 0.2 2020 yearly 2008 - 2020
Forecast: Current Account Balance (USD bn) 2.643 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -68,555.096 2024 yearly 2005 - 2024
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government (USD mn) 43,026.550 Sep 2024 quarterly Dec 2006 - Sep 2024
External Debt: Government: International Capital Market (USD mn) 15,118.350 Sep 2024 quarterly Mar 2011 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 27,684.996 Oct 2025 monthly Apr 1990 - Oct 2025
Money Supply M2 (USD mn) 83,749.939 Oct 2025 monthly Apr 1990 - Oct 2025
M2 Growth (%) 10.2 Oct 2025 monthly Apr 1991 - Oct 2025
Reserve Requirement Ratio (%) 45.0 Oct 2025 monthly Nov 2005 - Oct 2025
Foreign Exchange Reserves (USD mn) 38,880.0 Jan 2025 monthly Jan 1960 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 16.359 Dec 2024 quarterly Dec 2010 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 10.9 Jan 2025 monthly Jan 2003 - Jan 2025
Gold Reserves (USD mn) 2,152.409 Mar 2025 monthly Dec 1950 - Mar 2025
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 69,798.2 Oct 2025 monthly Apr 1990 - Oct 2025
Domestic Credit Growth (%) -12.6 Oct 2025 monthly Apr 1991 - Oct 2025
Private Debt: % of Nominal GDP (%) 15.41 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 74,077,851.830 Jan 2025 monthly Nov 1992 - Jan 2025
Monetary Survey: Liabilities: M2: M1 (NGN mn) 36,894,418.660 Jan 2025 monthly Nov 1992 - Jan 2025
Monetary Survey: Liabilities: M2 (NGN mn) 110,972,270.500 Jan 2025 monthly Nov 1992 - Jan 2025
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Monetary Survey: Liabilities: Base Money (NGN mn) 32,659,076.490 Jan 2025 monthly Jan 1993 - Jan 2025
Non Performing Loans to Gross Loans (%) 4.140 Jun 2023 semiannually Dec 2003 - Jun 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 8.6 Nov 2025 monthly Jul 2015 - Nov 2025

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