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 23,000 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.

CEIC calculates annual Motor Vehicles Sales from semiannual Motor Vehicles Sales. The International Organization of Motor Vehicle Manufacturers provides year-to-date 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

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Includes Motor Vehicles Sales on 110 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (Unit) 3,400 2019 yearly 2005 - 2019
Algeria (Unit) 125,000 2019 yearly 2005 - 2019
Argentina (Unit) 15,942 Jan 2024 monthly Jan 1996 - Jan 2024
Armenia (Unit) 1,210 2019 yearly 2005 - 2019
Australia (Unit) 105,023 Feb 2024 monthly Jan 1994 - Feb 2024
Austria (Unit) 244,694 2022 yearly 2005 - 2022
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) 431,594 2022 yearly 2005 - 2022
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) 165,196 Feb 2024 monthly Jan 2002 - Feb 2024
Brunei (Unit) 1,285 Nov 2020 monthly Jan 2010 - Nov 2020
Bulgaria (Unit) 37,495 2022 yearly 2005 - 2022
Cambodia (Unit) 4,567 2019 yearly 2005 - 2019
Canada (Unit) 128,193 Dec 2023 monthly Jan 1946 - Dec 2023
Chile (Unit) 26,150 Jan 2024 monthly Jan 2009 - Jan 2024
China (Unit) 2,439,344 Jan 2024 monthly Jan 2000 - Jan 2024
Colombia (Unit) 17,658 Dec 2023 monthly Jan 2003 - Dec 2023
Croatia (Unit) 51,322 2022 yearly 2005 - 2022
Cyprus (Unit) 14,250 2019 yearly 2005 - 2019
Czech Republic (Unit) 9,212 Dec 2020 monthly Jan 2011 - Dec 2020
Denmark (Unit) 181,016 2022 yearly 2005 - 2022
Ecuador (Unit) 126,050 2022 yearly 2005 - 2022
Egypt (Unit) 175,125 2022 yearly 2005 - 2022
Estonia (Unit) 37,211 2019 yearly 2005 - 2019
Finland (Unit) 96,622 2022 yearly 2005 - 2022
France (Unit) 1,929,554 2022 yearly 2005 - 2022
Georgia (Unit) 3,400 2019 yearly 2005 - 2019
Germany (Unit) 2,963,748 2022 yearly 2005 - 2022
Ghana (Unit) 5,700 2019 yearly 2005 - 2019
Greece (Unit) 115,884 2022 yearly 2005 - 2022
Hong Kong SAR, China (Unit) 34,116 2019 yearly 2005 - 2019
Hungary (Unit) 135,572 2022 yearly 2005 - 2022
Iceland (Unit) 13,137 2019 yearly 2005 - 2019
India (Unit) 340,832 Mar 2022 monthly May 2001 - Mar 2022
Indonesia (Unit) 69,619 Jan 2024 monthly Jan 1989 - Jan 2024
Iran (Unit) 655,515 2019 yearly 2005 - 2019
Ireland (Unit) 131,400 2022 yearly 2005 - 2022
Israel (Unit) 288,036 2022 yearly 2005 - 2022
Italy (Unit) 1,505,978 2022 yearly 2005 - 2022
Ivory Coast (Unit) 11,165 2019 yearly 2005 - 2019
Japan (Unit) 344,816 Feb 2024 monthly Jan 1991 - Feb 2024
Jordan (Unit) 22,000 2019 yearly 2005 - 2019
Kazakhstan (Unit) 101,527 2022 yearly 2005 - 2022
Kenya (Unit) 5,643 2019 yearly 2005 - 2019
South Korea (Unit) 115,909 Feb 2024 monthly Jan 1994 - Feb 2024
Kuwait (Unit) 110,118 2022 yearly 2005 - 2022
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) 65,499 Jan 2024 monthly Jul 1994 - Jan 2024
Malta (Unit) 8,495 2019 yearly 2005 - 2019
Mauritius (Unit) 10,439 2019 yearly 2005 - 2019
Mexico (Unit) 116,389 Jan 2024 monthly Jan 1995 - Jan 2024
Moldova (Unit) 6,875 2019 yearly 2005 - 2019
Mongolia (Unit) 3,800 2019 yearly 2005 - 2019
Morocco (Unit) 161,409 2022 yearly 2005 - 2022
Myanmar (Unit) 21,707 2019 yearly 2005 - 2019
Nepal (Unit) 21,805 2019 yearly 2005 - 2019
Netherlands (Unit) 386,458 2022 yearly 2005 - 2022
New Zealand (Unit) 149,260 2023 yearly 1975 - 2023
Nigeria (Unit) 9,800 2019 yearly 2005 - 2019
Norway (Unit) 210,007 2022 yearly 2005 - 2022
Oman (Unit) 63,500 2019 yearly 2005 - 2019
Pakistan (Unit) 10,552 Jan 2024 monthly Jul 2005 - Jan 2024
Palestinian Territory (Unit) 109 2019 yearly 2005 - 2019
Panama (Unit) 4,080 Dec 2023 monthly Jan 2005 - Dec 2023
Paraguay (Unit) 27,874 2019 yearly 2005 - 2019
Peru (Unit) 162,095 2022 yearly 2005 - 2022
Philippines (Unit) 34,060 Jan 2024 monthly Jan 1996 - Jan 2024
Poland (Unit) 518,048 2022 yearly 2005 - 2022
Portugal (Unit) 18,826 Jan 2024 monthly Jan 2000 - Jan 2024
Qatar (Unit) 47,550 2019 yearly 2005 - 2019
Romania (Unit) 151,976 2022 yearly 2005 - 2022
Russia (Unit) 83,260 Feb 2024 monthly Jan 2008 - Feb 2024
Saudi Arabia (Unit) 616,491 2022 yearly 2005 - 2022
Serbia (Unit) 29,250 2019 yearly 2005 - 2019
Singapore (Unit) 5,515 Dec 2023 monthly Jan 2010 - Dec 2023
Slovakia (Unit) 90,074 2022 yearly 2005 - 2022
Slovenia (Unit) 55,924 2022 yearly 2005 - 2022
South Africa (Unit) 41,636 Jan 2024 monthly Jan 2003 - Jan 2024
Spain (Unit) 958,813 2022 yearly 2005 - 2022
Sri Lanka (Unit) 9,545 2019 yearly 2005 - 2019
Sudan (Unit) 1,696 2019 yearly 2005 - 2019
Sweden (Unit) 329,868 2022 yearly 2005 - 2022
Switzerland (Unit) 254,884 2022 yearly 2005 - 2022
Syria (Unit) 12,700 2019 yearly 2005 - 2019
Taiwan (Unit) 28,617 Jan 2024 monthly Jan 1997 - Jan 2024
Tajikistan (Unit) 2,450 2019 yearly 2005 - 2019
Thailand (Unit) 54,814 Jan 2024 monthly Dec 1991 - Jan 2024
Tunisia (Unit) 48,700 2019 yearly 2005 - 2019

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Nigeria Key Series

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Includes 208 key indicators for Nigeria, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.8 Sep 2023 quarterly Dec 2010 - Sep 2023
Consolidated Fiscal Balance (USD mn) -3,071.175 Sep 2023 quarterly Mar 2005 - Sep 2023
National Government Debt (USD mn) 106,889.4 Sep 2023 quarterly Dec 2006 - Sep 2023
Government Debt: % of GDP (%) 37.2 Sep 2023 quarterly Dec 2010 - Sep 2023
Forecast: Government Expenditure (NGN bn) 69,308.370 2028 yearly 1990 - 2028
Forecast: Government Net Debt (NGN bn) 205,772.040 2028 yearly 1990 - 2028
Forecast: Government Revenue (NGN bn) 42,354.640 2028 yearly 1990 - 2028
Federal Govt Balance (NGN bn) -2,347.160 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure: Capital (NGN bn) 1,043.310 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure: Recurrent (NGN bn) 2,791.110 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue (NGN bn) 4,791.390 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue: Oil (NGN bn) 814.230 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Revenue (NGN bn) 1,693.020 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure (NGN bn) 4,040.180 Sep 2023 quarterly Mar 2005 - Sep 2023
Government Debt: Domestic (NGN bn) 50,196.103 Sep 2023 quarterly Dec 2005 - Sep 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 1,889.4 Sep 2023 monthly Jan 2003 - Sep 2023
Total Exports (USD mn) 5,080.1 Sep 2023 monthly Jan 2003 - Sep 2023
Total Exports Growth (%) 115.0 Sep 2023 monthly Jan 2004 - Sep 2023
Aluminum: Exports (USD th) 165,856.846 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 2,876.353 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 480.530 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,989.3 Mar 2023 monthly Jan 2003 - Mar 2023
Total Imports Growth (%) 34.5 Sep 2023 monthly Jan 2004 - Sep 2023
Imports: Medicament (USD th) 755,360.705 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 508,406.689 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 59.850 Sep 2023 monthly Jan 2003 - Sep 2023
Total Imports from USA (USD mn) 94.528 Sep 2023 monthly Dec 2009 - Sep 2023
Total Exports to China (USD mn) 24.772 Sep 2023 monthly Jan 2007 - Sep 2023
Total Imports from China (USD mn) 715.679 Sep 2023 monthly Jan 2007 - Sep 2023
Imports (NGN mn) 2,429,185.197 Sep 2023 monthly Jan 2003 - Sep 2023
Exports: Crude Oil (NGN mn) 3,256,828.368 Sep 2023 monthly Jan 2003 - Sep 2023
Total Trade (NGN mn) 6,296,802.484 Sep 2023 monthly Jan 2003 - Sep 2023
Exports: America: ow USA (NGN mn) 45,565.427 Sep 2023 monthly Jan 2003 - Sep 2023
Exports: Europe: ow Netherlands (NGN mn) 422,433.407 Sep 2023 monthly Jan 2003 - Sep 2023
Exports: Europe: ow UK (NGN mn) 303,673.471 Sep 2023 monthly Jan 2003 - Sep 2023
Exports (NGN mn) 3,867,617.287 Sep 2023 monthly Jan 2003 - Sep 2023
Exports: Vegetable Products (NGN mn) 316,546.604 2022 yearly 2003 - 2022
Exports: Mineral Products (NGN mn) 24,389,951.388 2022 yearly 2003 - 2022
Imports: Europe: ow Netherlands (NGN mn) 52,087.230 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Asia: ow China (NGN mn) 544,865.494 Sep 2023 monthly Jan 2007 - Sep 2023
Imports: Europe: ow Germany (NGN mn) 68,742.651 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: America: ow USA (NGN mn) 71,966.938 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Europe: ow UK (NGN mn) 71,966.938 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Chemicals and Chemical Products (NGN mn) 311,687.804 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 902,495.834 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Manufactured Goods (NGN mn) 184,959.341 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Food and Live Animals (NGN mn) 257,250.112 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Machinery and Transport Equipment (NGN mn) 639,703.694 Sep 2023 monthly Jan 2003 - Sep 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 274.7 Dec 2022 quarterly Mar 2008 - Dec 2022
Current Account Balance (USD mn) 2,348.3 Dec 2022 quarterly Mar 2008 - Dec 2022
Current Account Balance: % of GDP (%) 1.8 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Direct Investment (USD mn) 752.7 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Direct Investment: % of GDP (%) 0.6 Dec 2022 quarterly Mar 2010 - Dec 2022
Foreign Portfolio Investment (USD mn) 337.399 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Portfolio Investment: % of GDP (%) 0.3 Dec 2022 quarterly Mar 2010 - Dec 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -2.3 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 339.714 Dec 2022 quarterly Mar 2008 - Dec 2022
External Debt (USD mn) 41,594.5 Sep 2023 quarterly Dec 2006 - Sep 2023
External Debt: % of GDP (%) 8.9 2022 yearly 1985 - 2022
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) 0.890 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -77,562.105 2022 yearly 2005 - 2022
NG: BoP: Financial Account: Financial Derivatives & Employee Stock Options (USD mn) 0.000 2022 yearly 2020 - 2022
NG: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Asse... (USD mn) 1,000.000 2022 yearly 2020 - 2022
NG: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liab... (USD mn) 1,000.000 2022 yearly 2020 - 2022
BoP: CF: Capital Account (USD mn) 0.000 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Current Transfers (USD mn) 5,442.967 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Direct Investment (USD mn) 94.452 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) 1,000.946 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) -182.419 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) 1,437.945 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Other Investment (USD mn) -1,699.632 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods: Debit (USD mn) -11,787.111 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Assets (USD mn) -1,085.664 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income (USD mn) -2,264.294 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods (USD mn) 2,798.047 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Current Transfers: Credit (USD mn) 5,452.430 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income: Debit (USD mn) -2,775.122 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services: Debit (USD mn) -4,428.113 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) 848.311 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Current Transfers: Debit (USD mn) -505.024 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: Net Errors & Omission (USD mn) -3,201.073 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income: Credit (USD mn) 510.828 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services (USD mn) -3,132.845 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services: Credit (USD mn) 1,295.268 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods: Credit (USD mn) 14,585.159 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Liabilities (USD mn) 1,938.423 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account (USD mn) 852.759 Dec 2022 quarterly Mar 2008 - Dec 2022
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government (USD mn) 41,594.520 Sep 2023 quarterly Dec 2006 - Sep 2023
External Debt: Government: International Capital Market (USD mn) 15,118.350 Sep 2023 quarterly Mar 2011 - Sep 2023
Capital Inflow: Foreign Direct Investment (USD) 20,080,525.860 Nov 2022 monthly Jan 2007 - Nov 2022
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) 23,016.637 Jan 2024 monthly Nov 1992 - Jan 2024
Money Supply M2 (USD mn) 68,445.836 Jan 2024 monthly Nov 1992 - Jan 2024
M2 Growth (%) 75.8 Jan 2024 monthly Nov 1993 - Jan 2024
Reserve Requirement Ratio (%) 45.0 Feb 2024 monthly Nov 2005 - Feb 2024
Foreign Exchange Reserves (USD mn) 33,690.0 Oct 2023 monthly Jan 1960 - Oct 2023
Foreign Exchange Reserves: % of GDP (%) 7.771 Sep 2023 quarterly Dec 2010 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 10.3 Sep 2023 monthly Jan 2003 - Sep 2023
Gold Reserves (USD mn) 1,273.284 Sep 2023 monthly Dec 1950 - Sep 2023
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) 83,356.4 Jan 2024 monthly Nov 1992 - Jan 2024
Domestic Credit Growth (%) 65.9 Jan 2024 monthly Nov 1993 - Jan 2024
Private Debt: % of Nominal GDP (%) 16.22 Sep 2023 quarterly Dec 2010 - Sep 2023
Monetary Survey: Liabilities: Base Money (NGN mn) 24,156,954.720 Jan 2024 monthly Jan 1993 - Jan 2024
Monetary Survey: Liabilities: M2: M1 (NGN mn) 31,230,883.950 Jan 2024 monthly Nov 1992 - Jan 2024
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 61,642,106.980 Jan 2024 monthly Nov 1992 - Jan 2024
Monetary Survey: Liabilities: M2 (NGN mn) 92,872,990.930 Jan 2024 monthly Nov 1992 - Jan 2024
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 4.210 Dec 2022 semiannually Dec 2003 - Dec 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -9.8 Oct 2023 monthly Jul 2015 - Oct 2023

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