Product market, S1 - Electricity in Nigeria
Nigeria: Product market, S1 - Electricity was 0.6667 in 2014. ◆ Volatile
Product market, S1 - Electricity in Nigeria, 1973–2014
Source: International Monetary Fund.
Analysis
In 2014, product market, s1 - electricity in Nigeria stood at 0.6667. That is the highest value across all 42 years on record.
Compared with earlier readings it is unchanged over five years.
Over the whole period, product market, s1 - electricity in Nigeria peaked at 0.6667 in 2005 and was at its lowest, 0, in 1973.
Nigeria ranks 34th of 90 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 | 0 | 0 | 7 |
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0 | 0 | 0 | 10 |
| 2000s | 0.3333 | 0 | 0.6667 | 10 |
| 2010s | 0.6667 | 0.6667 | 0.6667 | 5 |
Countries ranked near Nigeria
- 34 Bangladesh 0.6667 compare
- 34 Switzerland 0.6667 compare
- 34 Cameroon 0.6667 compare
- 34 Estonia 0.6667 compare
- 34 Ghana 0.6667 compare
- 34 Ireland 0.6667 compare
- 34 Kazakhstan 0.6667 compare
- 34 Latvia 0.6667 compare
- 34 Norway 0.6667 compare
- 34 Pakistan 0.6667 compare
- 34 Poland 0.6667 compare
- 34 Russian Federation 0.6667 compare
- 34 Singapore 0.6667 compare
- 34 Sweden 0.6667 compare
- 34 Türkiye 0.6667 compare
- 34 Uganda 0.6667 compare
- 34 United States of America 0.6667 compare
More energy & mining data for Nigeria
- Fuel imports 38.0% (2024)
- Ores and metals imports 1.1% (2024)
- Ores and metals exports 1.2% (2024)
- Gas production 507.74 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 2,138 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 507.74 terawatt-hours (2025)
- Gas production per person 2,138 kilowatt-hours per person (2025)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2025)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Gas production, per capita 0 terawatt-hours per person (2025)
Frequently asked questions
- What is product market, s1 - electricity in Nigeria?
- Product market, s1 - electricity in Nigeria was 0.6667 in 2014, according to International Monetary Fund.
- What is the highest product market, s1 - electricity recorded in Nigeria?
- The highest recorded value was 0.6667 in 2005.
- What is the lowest product market, s1 - electricity recorded in Nigeria?
- The lowest recorded value was 0 in 1973.
- How does Nigeria rank for product market, s1 - electricity?
- Nigeria ranks 34th out of 90 countries with data for 2014.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Product market, S1 - Electricity. Statizoid updates them automatically from the source API.
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About this data
The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.