Terms of Trade in Nigeria decreased to 101.65 points in June from 101.81 points in May of 2024. Terms of Trade in Nigeria averaged 99.69 points from 2000 until 2024, reaching an all time high of 160.25 points in March of 2010 and a record low of 49.48 points in April of 2006. source: National Bureau of Statistics, Nigeria
Terms of Trade in Nigeria is expected to be 102.40 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Terms of Trade is projected to trend around 103.00 points in 2025 and 104.00 points in 2026, according to our econometric models.