Cocoa beans — Gross Production Value in Nigeria
Nigeria: Cocoa beans — Gross Production Value was 11,884 1000 USD in 2024. ◆ Volatile
Cocoa beans — Gross Production Value in Nigeria, 1991–2024
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 11,884 1000 USD, measured in 2024. That is the lowest value across all 34 years on record.
That represents a change of down 61.9% on the previous year and down 91.8% over ten years.
Over the whole period, cocoa beans — gross production value in Nigeria peaked at 609,848 1000 USD in 2008 and was at its lowest, 11,884 1000 USD, in 2024.
That places Nigeria 19th out of 39 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 322,659 1000 USD | 208,986 1000 USD | 553,046 1000 USD | 9 |
| 2000s | 394,474 1000 USD | 256,975 1000 USD | 609,848 1000 USD | 10 |
| 2010s | 155,700 1000 USD | 34,940 1000 USD | 413,791 1000 USD | 10 |
| 2020s | 33,584 1000 USD | 11,884 1000 USD | 49,670 1000 USD | 5 |
Countries ranked near Nigeria
More agriculture & rural data for Nigeria
- Agriculture share gdp 22.98 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 22.98 (2025)
- Agricultural raw materials exports 0.4% (2024)
- Agricultural raw materials imports 0.6% (2024)
- Rural population 36.2% (2025)
- Rural population growth -0.1% (2025)
- Rural population 86.04 million (2025)
- Agriculture, forestry, and fishing, value added 23.0% (2025)
- Agriculture, forestry, and fishing, value added 66.82 billion current US$ (2025)
- Bananas — Production 6.91 million t (2024)
Frequently asked questions
- What is cocoa beans — gross production value in Nigeria?
- Cocoa beans — gross production value in Nigeria was 11,884 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 609,848 1000 USD in 2008.
- What is the lowest cocoa beans — gross production value recorded in Nigeria?
- The lowest recorded value was 11,884 1000 USD in 2024.
- How does Nigeria rank for cocoa beans — gross production value?
- Nigeria ranks 19th out of 39 countries with data for 2024.
- Is cocoa beans — gross production value rising or falling in Nigeria?
- Over the last ten years it is down 91.8%. The long-run trend across the full record is volatile.
- 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 (current thousand US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 34 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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.