Bananas: Gross Production Value (constant 2014-2016) … annual in Nigeria

Nigeria: Bananas: Gross Production Value (constant 2014-2016) … annual was 8.58 % change on previous year in 2024. ◆ Volatile

Latest (2024)
8.58 % change on previous year
Change on year
up 171.0%
World rank
19th
of 136 countries
All-time high
32.32 % change on previous year
in 2021
All-time low
-12.08 % change on previous year
in 2023
Years of data
33
1992–2024

Bananas — Gross Production Value (constant 2014-2016 thousand I$) in Nigeria, 1992–2024

-1001020301992200820241992: 5.8 % change on previous year1993: 14.5 % change on previous year1994: 2.6 % change on previous year1995: -2 % change on previous year1996: 3.4 % change on previous year1997: 3.4 % change on previous year1998: 3.4 % change on previous year1999: 5.5 % change on previous year2000: 3.5 % change on previous year2001: 1.5 % change on previous year2002: 6.4 % change on previous year2003: 6.4 % change on previous year2004: 7 % change on previous year2005: 7 % change on previous year2006: 7.5 % change on previous year2007: 7.4 % change on previous year2008: -8.8 % change on previous year2009: -0.99 % change on previous year2010: -0.906 % change on previous year2011: 9 % change on previous year2012: 0.35 % change on previous year2013: 0.319 % change on previous year2014: 1.1 % change on previous year2015: 14.2 % change on previous year2016: 6.9 % change on previous year2017: 7.8 % change on previous year2018: 10.8 % change on previous year2019: 13.5 % change on previous year2020: 13.7 % change on previous year2021: 32.3 % change on previous year2022: -2.1 % change on previous year2023: -12.1 % change on previous year2024: 8.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Nigeria recorded 8.58 % change on previous year for bananas — gross production value (constant 2014-2016 thousand i$) in 2024.

That represents a change of up 171.0% on the previous year and up 701.2% over ten years.

Over the whole period, bananas — gross production value (constant 2014-2016 thousand i$) in Nigeria peaked at 32.32 % change on previous year in 2021 and was at its lowest, -12.08 % change on previous year, in 2023.

Nigeria ranks 19th of 136 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Bananas: Gross Production Value (constant 2014-2016) … annual in Nigeria, year by year

Annual values for Bananas — Gross Production Value (constant 2014-2016 thousand I$), annual growth rate in Nigeria, 1992 to 2024.
Year % change on previous year Change
1992 5.83 % change on previous year —
1993 14.54 % change on previous year +149.6%
1994 2.59 % change on previous year -82.2%
1995 -1.98 % change on previous year -176.6%
1996 3.37 % change on previous year -270.0%
1997 3.38 % change on previous year +0.3%
1998 3.38 % change on previous year +0.1%
1999 5.49 % change on previous year +62.3%
2000 3.52 % change on previous year -35.8%
2001 1.52 % change on previous year -56.7%
2002 6.4 % change on previous year +320.3%
2003 6.39 % change on previous year -0.1%
2004 6.98 % change on previous year +9.2%
2005 7.02 % change on previous year +0.6%
2006 7.49 % change on previous year +6.6%
2007 7.4 % change on previous year -1.2%
2008 -8.83 % change on previous year -219.3%
2009 -0.9901 % change on previous year -88.8%
2010 -0.9064 % change on previous year -8.5%
2011 9.04 % change on previous year -1097.6%
2012 0.3499 % change on previous year -96.1%
2013 0.3189 % change on previous year -8.9%
2014 1.07 % change on previous year +235.7%
2015 14.16 % change on previous year +1222.4%
2016 6.88 % change on previous year -51.4%
2017 7.83 % change on previous year +13.8%
2018 10.78 % change on previous year +37.7%
2019 13.51 % change on previous year +25.3%
2020 13.69 % change on previous year +1.3%
2021 32.32 % change on previous year +136.0%
2022 -2.07 % change on previous year -106.4%
2023 -12.08 % change on previous year +483.1%
2024 8.58 % change on previous year -171.0%

Nigeria compared with similar countries

  • Nigeria's 8.58 % change on previous year is above the median for lower middle income countries, which is 0.2364 % change on previous year, 36.3× the median. (32 countries reporting)
  • Nigeria's 8.58 % change on previous year is above the median for Sub-Saharan Africa, which is 0.484 % change on previous year, 17.7× the median. (34 countries reporting)

Biggest year-on-year movements

Years where Bananas: Gross Production Value (constant 2014-2016) … annual in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2015 +1222.4% 1.07 % change on previous year 14.16 % change on previous year
2011 +1097.6% -0.9064 % change on previous year 9.04 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.57 % change on previous year -1.98 % change on previous year 14.54 % change on previous year 8
2000s 3.69 % change on previous year -8.83 % change on previous year 7.49 % change on previous year 10
2010s 6.3 % change on previous year -0.9064 % change on previous year 14.16 % change on previous year 10
2020s 8.09 % change on previous year -12.08 % change on previous year 32.32 % change on previous year 5

Countries ranked near Nigeria

  1. 16 Guyana 11.18 % change on previous year compare
  2. 17 Burundi 9.82 % change on previous year compare
  3. 18 Timor-Leste 9.34 % change on previous year compare
  4. 20 Fiji 8.28 % change on previous year compare
  5. 21 Eswatini 6.91 % change on previous year compare
  6. 22 Pakistan 6.63 % change on previous year compare

See the full ranking of 163 places →

More agriculture & rural data for Nigeria

All data for Nigeria →

Frequently asked questions

What is bananas — gross production value (constant 2014-2016 thousand i$) in Nigeria?
Bananas — gross production value (constant 2014-2016 thousand i$) in Nigeria was 8.58 % change on previous year in 2024, according to Statizoid (derived).
What is the highest bananas — gross production value (constant 2014-2016 thousand i$) recorded in Nigeria?
The highest recorded value was 32.32 % change on previous year in 2021.
What is the lowest bananas — gross production value (constant 2014-2016 thousand i$) recorded in Nigeria?
The lowest recorded value was -12.08 % change on previous year in 2023.
How does Nigeria rank for bananas — gross production value (constant 2014-2016 thousand i$)?
Nigeria ranks 19th out of 136 countries with data for 2024.
Is bananas — gross production value (constant 2014-2016 thousand i$) rising or falling in Nigeria?
Over the last ten years it is up 701.2%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Statizoid (derived), published as part of Bananas — Gross Production Value (constant 2014-2016 thousand I$), annual growth rate. Statizoid updates them automatically from the source API.

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Bananas — Gross Production Value (constant 2014-2016 thousand I$) in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 11 October 2026, from https://agriculture.statizoid.com/stat/bananas-gross-production-value-constant-2014-2016-thousand-i-annual-growth-rate/nigeria/

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<a href="https://agriculture.statizoid.com/stat/bananas-gross-production-value-constant-2014-2016-thousand-i-annual-growth-rate/nigeria/">Bananas — Gross Production Value (constant 2014-2016 thousand I$) in Nigeria</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Bananas — Gross Production Value (constant 2014-2016 thousand I$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Bananas — Gross Production Value (constant 2014-2016 thousand I$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
163 places, 9,255 data points, 1962–2024
Last refreshed

The year-on-year percentage change in Bananas — Gross Production Value (constant 2014-2016 thousand I$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.