Cocoa beans — Gross Production Value in Nigeria

Nigeria: Cocoa beans — Gross Production Value was 20.48 million 1000 SLC in 2024. ▲ Rising

Latest (2024)
20.48 million 1000 SLC
Change on year
unchanged
World rank
7th
of 35 countries
All-time high
28.37 million 1000 SLC
in 2006
All-time low
8.19 million 1000 SLC
in 1983
Years of data
64
1961–2024

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

10.0M15.0M20.0M25.0M30.0M196119922024

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

Analysis

Nigeria recorded 20.48 million 1000 SLC for cocoa beans — gross production value in 2024.

The figure is up 6.1% over ten years.

Over the whole period, cocoa beans — gross production value in Nigeria peaked at 28.37 million 1000 SLC in 2006 and was at its lowest, 8.19 million 1000 SLC, in 1983.

Nigeria ranks 7th of 35 countries on this measure, in the top quarter.

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

Cocoa beans — Gross Production Value in Nigeria, year by year

Annual values for Cocoa beans — Gross Production Value (constant 2014-2016 thousand SLC) in Nigeria, 1961 to 2024.
Year 1000 SLC Change
1961 11.52 million 1000 SLC —
1962 10.65 million 1000 SLC -7.6%
1963 13.05 million 1000 SLC +22.5%
1964 17.45 million 1000 SLC +33.8%
1965 10.80 million 1000 SLC -38.1%
1966 15.63 million 1000 SLC +44.7%
1967 13.92 million 1000 SLC -10.9%
1968 11.22 million 1000 SLC -19.4%
1969 12.92 million 1000 SLC +15.1%
1970 17.83 million 1000 SLC +38.0%
1971 15.01 million 1000 SLC -15.8%
1972 14.10 million 1000 SLC -6.0%
1973 12.58 million 1000 SLC -10.8%
1974 12.52 million 1000 SLC -0.5%
1975 12.64 million 1000 SLC +0.9%
1976 10.59 million 1000 SLC -16.2%
1977 11.29 million 1000 SLC +6.6%
1978 9.18 million 1000 SLC -18.7%
1979 8.83 million 1000 SLC -3.8%
1980 8.95 million 1000 SLC +1.3%
1981 10.18 million 1000 SLC +13.7%
1982 9.13 million 1000 SLC -10.3%
1983 8.19 million 1000 SLC -10.3%
1984 9.41 million 1000 SLC +14.9%
1985 9.36 million 1000 SLC -0.5%
1986 8.66 million 1000 SLC -7.5%
1987 8.78 million 1000 SLC +1.4%
1988 14.80 million 1000 SLC +68.7%
1989 14.98 million 1000 SLC +1.2%
1990 14.27 million 1000 SLC -4.7%
1991 15.68 million 1000 SLC +9.8%
1992 17.08 million 1000 SLC +9.0%
1993 17.90 million 1000 SLC +4.8%
1994 18.90 million 1000 SLC +5.6%
1995 11.88 million 1000 SLC -37.2%
1996 18.90 million 1000 SLC +59.1%
1997 18.60 million 1000 SLC -1.5%
1998 21.65 million 1000 SLC +16.4%
1999 13.16 million 1000 SLC -39.2%
2000 19.77 million 1000 SLC +50.2%
2001 19.89 million 1000 SLC +0.6%
2002 21.18 million 1000 SLC +6.5%
2003 22.52 million 1000 SLC +6.4%
2004 24.10 million 1000 SLC +7.0%
2005 25.80 million 1000 SLC +7.0%
2006 28.37 million 1000 SLC +10.0%
2007 21.09 million 1000 SLC -25.7%
2008 21.47 million 1000 SLC +1.8%
2009 21.27 million 1000 SLC -1.0%
2010 23.35 million 1000 SLC +9.8%
2011 22.87 million 1000 SLC -2.1%
2012 22.41 million 1000 SLC -2.0%
2013 21.47 million 1000 SLC -4.2%
2014 19.30 million 1000 SLC -10.1%
2015 17.67 million 1000 SLC -8.4%
2016 17.43 million 1000 SLC -1.3%
2017 14.63 million 1000 SLC -16.1%
2018 15.80 million 1000 SLC +8.0%
2019 14.63 million 1000 SLC -7.4%
2020 20.92 million 1000 SLC +43.0%
2021 16.38 million 1000 SLC -21.7%
2022 17.55 million 1000 SLC +7.1%
2023 20.48 million 1000 SLC +16.7%
2024 20.48 million 1000 SLC +0.0%

Nigeria compared with similar countries

  • Nigeria's 20.48 million 1000 SLC is above the median for lower middle income countries, which is 2.62 million 1000 SLC, 7.8× the median. (10 countries reporting)
  • Nigeria's 20.48 million 1000 SLC is below the median for Sub-Saharan Africa, which is 23.38 million 1000 SLC, 88% of the median. (8 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 13.02 million 1000 SLC 10.65 million 1000 SLC 17.45 million 1000 SLC 9
1970s 12.46 million 1000 SLC 8.83 million 1000 SLC 17.83 million 1000 SLC 10
1980s 10.24 million 1000 SLC 8.19 million 1000 SLC 14.98 million 1000 SLC 10
1990s 16.80 million 1000 SLC 11.88 million 1000 SLC 21.65 million 1000 SLC 10
2000s 22.55 million 1000 SLC 19.77 million 1000 SLC 28.37 million 1000 SLC 10
2010s 18.96 million 1000 SLC 14.63 million 1000 SLC 23.35 million 1000 SLC 10
2020s 19.16 million 1000 SLC 16.38 million 1000 SLC 20.92 million 1000 SLC 5

Countries ranked near Nigeria

  1. 4 Madagascar 59.51 million 1000 SLC compare
  2. 5 Togo 28.75 million 1000 SLC compare
  3. 6 Guinea 26.29 million 1000 SLC compare
  4. 8 Dominican Republic 6.79 million 1000 SLC compare
  5. 9 Congo 3.33 million 1000 SLC compare
  6. 10 Ghana 1.92 million 1000 SLC compare

See the full ranking of 38 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 20.48 million 1000 SLC 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 28.37 million 1000 SLC in 2006.
What is the lowest cocoa beans — gross production value recorded in Nigeria?
The lowest recorded value was 8.19 million 1000 SLC in 1983.
How does Nigeria rank for cocoa beans — gross production value?
Nigeria ranks 7th out of 35 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 SLC). 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 06 October 2026, from https://agriculture.statizoid.com/stat/cocoa-beans-gross-production-value-constant-2014-2016-thousand-slc/nigeria/

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About this data

Indicator
Cocoa beans — Gross Production Value (constant 2014-2016 thousand SLC)
Unit
1000 SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
38 places, 2,356 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.