Cocoa beans — Gross Production Value in Nigeria

Nigeria: Cocoa beans — Gross Production Value was 515,031 1000 Int$ in 2024. ▲ Rising

Latest (2024)
515,031 1000 Int$
Change on year
unchanged
World rank
4th
of 54 countries
All-time high
713,686 1000 Int$
in 2006
All-time low
206,012 1000 Int$
in 1983
Years of data
64
1961–2024

Cocoa beans — Gross Production Value in Nigeria, 1961–2024

200.0k400.0k600.0k800.0k196119922024

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 Int$.

Analysis

In 2024, cocoa beans — gross production value in Nigeria stood at 515,031 1000 Int$.

The figure is up 6.1% over ten years.

Over the whole period, cocoa beans — gross production value in Nigeria peaked at 713,686 1000 Int$ in 2006 and was at its lowest, 206,012 1000 Int$, in 1983.

That places Nigeria 4th out of 54 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 64 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 327,445 1000 Int$ 267,816 1000 Int$ 438,954 1000 Int$ 9
1970s 313,360 1000 Int$ 222,199 1000 Int$ 448,518 1000 Int$ 10
1980s 257,633 1000 Int$ 206,012 1000 Int$ 376,708 1000 Int$ 10
1990s 422,620 1000 Int$ 298,718 1000 Int$ 544,461 1000 Int$ 10
2000s 567,137 1000 Int$ 497,373 1000 Int$ 713,686 1000 Int$ 10
2010s 476,796 1000 Int$ 367,879 1000 Int$ 587,430 1000 Int$ 10
2020s 481,954 1000 Int$ 412,025 1000 Int$ 526,227 1000 Int$ 5

Countries ranked near Nigeria

  1. 1 Indonesia 931,032 1000 Int$ compare
  2. 2 Ghana 779,904 1000 Int$ compare
  3. 3 Ecuador 594,050 1000 Int$ compare
  4. 5 Cameroon 470,886 1000 Int$ compare
  5. 6 Brazil 437,790 1000 Int$ compare
  6. 7 Peru 231,400 1000 Int$ compare

See the full ranking of 83 places →

More agriculture & rural data for Nigeria

All data for Nigeria →

Frequently asked questions

What is cocoa beans — gross production value in Nigeria?
Cocoa beans — gross production value in Nigeria was 515,031 1000 Int$ in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest cocoa beans — gross production value recorded in Nigeria?
The highest recorded value was 713,686 1000 Int$ in 2006.
What is the lowest cocoa beans — gross production value recorded in Nigeria?
The lowest recorded value was 206,012 1000 Int$ in 1983.
How does Nigeria rank for cocoa beans — gross production value?
Nigeria ranks 4th out of 54 countries with data for 2024.
Is cocoa beans — gross production value rising or falling in Nigeria?
Over the last ten years it is up 6.1%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Cocoa beans — Gross Production Value (constant 2014-2016 thousand I$). Statizoid updates them automatically from the source API.

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Cocoa beans — Gross Production Value in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 22 August 2026, from https://agriculture.statizoid.com/stat/cocoa-beans-gross-production-value-constant-2014-2016-thousand-i/nigeria/

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About this data

Indicator
Cocoa beans — Gross Production Value (constant 2014-2016 thousand I$)
Unit
1000 Int$
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
83 places, 4,952 data points, 1961–2024
Last refreshed

The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.