Groundnuts, excluding shelled — Gross Production Value in Nigeria

Nigeria: Groundnuts, excluding shelled — Gross Production Value was 955,895 1000 USD in 2024. ◆ Volatile

Latest (2024)
955,895 1000 USD
Change on year
unchanged
World rank
4th
of 79 countries
All-time high
1.02 million 1000 USD
in 2018
All-time low
101,814 1000 USD
in 1975
Years of data
64
1961–2024

Groundnuts, excluding shelled — Gross Production Value in Nigeria, 1961–2024

200.0k400.0k600.0k800.0k1.0M196119922024

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

Analysis

Nigeria recorded 955,895 1000 USD for groundnuts, excluding shelled — gross production value in 2024.

The figure is up 26.5% over ten years.

Over the whole period, groundnuts, excluding shelled — gross production value in Nigeria peaked at 1.02 million 1000 USD in 2018 and was at its lowest, 101,814 1000 USD, in 1975.

That places Nigeria 4th out of 79 countries with data for 2024, putting it in the top 10%.

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

Groundnuts, excluding shelled — Gross Production Value in Nigeria, year by year

Annual values for Groundnuts, excluding shelled — Gross Production Value (constant 2014-2016 thousand US$) in Nigeria, 1961 to 2024.
Year 1000 USD Change
1961 347,901 1000 USD —
1962 427,485 1000 USD +22.9%
1963 439,489 1000 USD +2.8%
1964 411,035 1000 USD -6.5%
1965 439,712 1000 USD +7.0%
1966 376,356 1000 USD -14.4%
1967 346,345 1000 USD -8.0%
1968 403,032 1000 USD +16.4%
1969 410,368 1000 USD +1.8%
1970 351,458 1000 USD -14.4%
1971 306,998 1000 USD -12.7%
1972 300,107 1000 USD -2.2%
1973 195,180 1000 USD -35.0%
1974 430,153 1000 USD +120.4%
1975 101,814 1000 USD -76.3%
1976 102,036 1000 USD +0.2%
1977 134,048 1000 USD +31.4%
1978 155,833 1000 USD +16.3%
1979 112,707 1000 USD -27.7%
1980 104,704 1000 USD -7.1%
1981 117,820 1000 USD +12.5%
1982 101,814 1000 USD -13.6%
1983 131,380 1000 USD +29.0%
1984 121,376 1000 USD -7.6%
1985 138,049 1000 USD +13.7%
1986 199,182 1000 USD +44.3%
1987 152,721 1000 USD -23.3%
1988 225,858 1000 USD +47.9%
1989 226,080 1000 USD +0.1%
1990 259,203 1000 USD +14.7%
1991 302,552 1000 USD +16.7%
1992 288,325 1000 USD -4.7%
1993 294,104 1000 USD +2.0%
1994 323,004 1000 USD +9.8%
1995 351,013 1000 USD +8.7%
1996 506,402 1000 USD +44.3%
1997 562,644 1000 USD +11.1%
1998 563,311 1000 USD +0.1%
1999 643,339 1000 USD +14.2%
2000 644,896 1000 USD +0.2%
2001 596,434 1000 USD -7.5%
2002 634,670 1000 USD +6.4%
2003 675,129 1000 USD +6.4%
2004 722,479 1000 USD +7.0%
2005 773,163 1000 USD +7.0%
2006 850,302 1000 USD +10.0%
2007 632,974 1000 USD -25.6%
2008 638,613 1000 USD +0.9%
2009 661,928 1000 USD +3.7%
2010 844,575 1000 USD +27.6%
2011 658,595 1000 USD -22.0%
2012 736,595 1000 USD +11.8%
2013 550,091 1000 USD -25.3%
2014 755,637 1000 USD +37.4%
2015 770,817 1000 USD +2.0%
2016 969,344 1000 USD +25.8%
2017 1.01 million 1000 USD +3.7%
2018 1.02 million 1000 USD +1.7%
2019 968,573 1000 USD -5.3%
2020 940,458 1000 USD -2.9%
2021 939,782 1000 USD -0.1%
2022 952,338 1000 USD +1.3%
2023 955,895 1000 USD +0.4%
2024 955,895 1000 USD +0.0%

Nigeria compared with similar countries

  • Nigeria's 955,895 1000 USD is above the median for lower middle income countries, which is 37,066 1000 USD, 25.8× the median. (25 countries reporting)
  • Nigeria's 955,895 1000 USD is above the median for Sub-Saharan Africa, which is 79,060 1000 USD, 12.1× the median. (29 countries reporting)

Biggest year-on-year movements

Years where Groundnuts, excluding shelled — Gross Production Value 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
1974 +120.4% 195,180 1000 USD 430,153 1000 USD

Averages by decade

DecadeAverage LowestHighest Years
1960s 400,191 1000 USD 346,345 1000 USD 439,712 1000 USD 9
1970s 219,033 1000 USD 101,814 1000 USD 430,153 1000 USD 10
1980s 151,898 1000 USD 101,814 1000 USD 226,080 1000 USD 10
1990s 409,390 1000 USD 259,203 1000 USD 643,339 1000 USD 10
2000s 683,059 1000 USD 596,434 1000 USD 850,302 1000 USD 10
2010s 828,193 1000 USD 550,091 1000 USD 1.02 million 1000 USD 10
2020s 948,874 1000 USD 939,782 1000 USD 955,895 1000 USD 5

Countries ranked near Nigeria

  1. 1 China 24.76 million 1000 USD compare
  2. 1 China, mainland 24.76 million 1000 USD compare
  3. 3 India 6.59 million 1000 USD compare
  4. 4 Viet Nam 426,855 1000 USD compare
  5. 5 Sudan 821,363 1000 USD compare
  6. 5 Türkiye 349,724 1000 USD compare
  7. 6 Ghana 719,488 1000 USD compare
  8. 6 United Republic of Tanzania 286,323 1000 USD compare
  9. 7 Argentina 715,253 1000 USD compare
  10. 7 Venezuela (Bolivarian Republic of) 50,443 1000 USD compare

See the full ranking of 117 places →

More agriculture & rural data for Nigeria

All data for Nigeria →

Frequently asked questions

What is groundnuts, excluding shelled — gross production value in Nigeria?
Groundnuts, excluding shelled — gross production value in Nigeria was 955,895 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest groundnuts, excluding shelled — gross production value recorded in Nigeria?
The highest recorded value was 1.02 million 1000 USD in 2018.
What is the lowest groundnuts, excluding shelled — gross production value recorded in Nigeria?
The lowest recorded value was 101,814 1000 USD in 1975.
How does Nigeria rank for groundnuts, excluding shelled — gross production value?
Nigeria ranks 4th out of 79 countries with data for 2024.
Is groundnuts, excluding shelled — gross production value rising or falling in Nigeria?
Over the last ten years it is up 26.5%. 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 Groundnuts, excluding shelled — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.

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Groundnuts, excluding shelled — Gross Production Value in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 05 October 2026, from https://agriculture.statizoid.com/stat/groundnuts-excluding-shelled-gross-production-value-constant-2014-2016-thousand-us/nigeria/

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About this data

Indicator
Groundnuts, excluding shelled — 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
117 places, 6,769 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.