Cocoa beans — Gross Production Value in Nigeria

Nigeria: Cocoa beans — Gross Production Value was 108,374 1000 USD in 2024. ▲ Rising

Latest (2024)
108,374 1000 USD
Change on year
unchanged
World rank
9th
of 34 countries
All-time high
150,175 1000 USD
in 2006
All-time low
43,350 1000 USD
in 1983
Years of data
64
1961–2024

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

50.0k75.0k100.0k125.0k150.0k196119922024

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

Analysis

The most recent figure for cocoa beans — gross production value in Nigeria is 108,374 1000 USD, measured in 2024.

The figure is up 6.1% over ten years.

Over the whole period, cocoa beans — gross production value in Nigeria peaked at 150,175 1000 USD in 2006 and was at its lowest, 43,350 1000 USD, in 1983.

Nigeria ranks 9th of 34 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 68,902 1000 USD 56,354 1000 USD 92,366 1000 USD 9
1970s 65,938 1000 USD 46,756 1000 USD 94,378 1000 USD 10
1980s 54,212 1000 USD 43,350 1000 USD 79,268 1000 USD 10
1990s 88,929 1000 USD 62,857 1000 USD 114,567 1000 USD 10
2000s 119,338 1000 USD 104,658 1000 USD 150,175 1000 USD 10
2010s 100,328 1000 USD 77,410 1000 USD 123,608 1000 USD 10
2020s 101,414 1000 USD 86,699 1000 USD 110,730 1000 USD 5

Countries ranked near Nigeria

  1. 6 Peru 362,999 1000 USD compare
  2. 7 Colombia 173,507 1000 USD compare
  3. 8 Dominican Republic 151,419 1000 USD compare
  4. 10 Mexico 67,321 1000 USD compare
  5. 11 Togo 52,049 1000 USD compare
  6. 12 India 28,104 1000 USD compare

See the full ranking of 56 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 108,374 1000 USD 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 150,175 1000 USD in 2006.
What is the lowest cocoa beans — gross production value recorded in Nigeria?
The lowest recorded value was 43,350 1000 USD in 1983.
How does Nigeria rank for cocoa beans — gross production value?
Nigeria ranks 9th out of 34 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 US$). 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 20 August 2026, from https://agriculture.statizoid.com/stat/cocoa-beans-gross-production-value-constant-2014-2016-thousand-us/nigeria/

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About this data

Indicator
Cocoa beans — Gross Production Value (constant 2014-2016 thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
56 places, 3,508 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.