Terms of Trade in Nigeria increased to 103.54 points in December from 100.73 points in November of 2019.
Terms of Trade in Nigeria averaged 99.23 points from 2000 until 2019, 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. This page provides - Nigeria Terms Of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Terms of Trade - values, historical data and charts - was last updated on July of 2020. source: National Bureau of Statistics, Nigeria
Terms of Trade in Nigeria is expected to be 102.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Terms of Trade in Nigeria to stand at 103.00 in 12 months time. In the long-term, the Nigeria Terms of Trade is projected to trend around 104.00 points in 2021, according to our econometric models.