Nigeria: Arms exports
* indicates monthly or quarterly data series
Nigeria |
Arms exports, million constant U.S. dollars |
---|---|
Latest value | 3.00 |
Year | 2022 |
Measure | million U.S. dollars |
Data availability | 1989 - 2022 |
Average | 2.00 |
Min - Max | 0.00 - 3.00 |
Source | Stockholm International Peace Research Institute |
The latest value from 2022 is 3 million U.S. dollars, an increase from 2 million U.S. dollars in 2021. In comparison, the world average is 665.56 million U.S. dollars, based on data from 48 countries. Historically, the average for Nigeria from 1989 to 2022 is 2 million U.S. dollars. The minimum value, 0 million U.S. dollars, was reached in 2000 while the maximum of 3 million U.S. dollars was recorded in 1990.
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* indicates monthly or quarterly data series
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Definition: Arms transfers cover the supply of military weapons through sales, aid, gifts, and those made through manufacturing licenses. Data cover major conventional weapons such as aircraft, armored vehicles, artillery, radar systems, missiles, and ships designed for military use. Excluded are transfers of other military equipment such as small arms and light weapons, trucks, small artillery, ammunition, support equipment, technology transfers, and other services. Figures are SIPRI Trend Indicator Values (TIVs) expressed in US$ m. A '0' indicates that the value of deliveries is less than US$0.5m
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Military spending | 3.11 | 2022 | billion U.S. dollars |
Military spending, percent of GDP | 0.64 | 2022 | percent |
Military spending, percent of government spending | 4.22 | 2022 | percent |
Armed forces | 223,000 | 2020 | people |
Armed forces, percent of labor force | 0.32 | 2020 | percent |
Arms exports | 3.00 | 2022 | million U.S. dollars |
Arms imports | 54.00 | 2022 | dollars |