Terms of Trade in Nigeria decreased to 109.20 Index Points in June from 111.10 Index Points in May of 2018. Terms of Trade in Nigeria averaged 99.12 Index Points from 2000 until 2018, reaching an all time high of 160.25 Index Points in March of 2010 and a record low of 49.48 Index Points in April of 2006.
Terms of Trade in Nigeria is expected to be 101.60 Index 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 98.74 in 12 months time. In the long-term, the Nigeria Terms of Trade is projected to trend around 107.00 Index Points in 2020, according to our econometric models.