Groundnuts, excluding shelled — Gross Production Value in Nigeria

Nigeria: Groundnuts, excluding shelled — Gross Production Value was 147,559 1000 USD in 2024. ▼ Falling

Latest (2024)
147,559 1000 USD
Change on year
down 56.5%
World rank
22nd
of 89 countries
All-time high
2.08 million 1000 USD
in 2006
All-time low
147,559 1000 USD
in 2024
Years of data
34
1991–2024

Groundnuts, excluding shelled — Gross Production Value in Nigeria, 1991–2024

0500.0k1.0M1.5M2.0M1991200720241991: 862.5k 1000 USD1992: 513.1k 1000 USD1993: 912.0k 1000 USD1994: 549.0k 1000 USD1995: 516.2k 1000 USD1996: 720.7k 1000 USD1997: 572.0k 1000 USD1998: 660.2k 1000 USD1999: 880.6k 1000 USD2000: 798.5k 1000 USD2001: 980.3k 1000 USD2002: 1.2M 1000 USD2003: 1.2M 1000 USD2004: 1.4M 1000 USD2005: 1.6M 1000 USD2006: 2.1M 1000 USD2007: 1.3M 1000 USD2008: 1.5M 1000 USD2009: 537.9k 1000 USD2010: 921.4k 1000 USD2011: 753.5k 1000 USD2012: 852.3k 1000 USD2013: 662.7k 1000 USD2014: 916.3k 1000 USD2015: 776.4k 1000 USD2016: 756.2k 1000 USD2017: 662.1k 1000 USD2018: 684.1k 1000 USD2019: 656.9k 1000 USD2020: 561.4k 1000 USD2021: 512.0k 1000 USD2022: 512.1k 1000 USD2023: 339.1k 1000 USD2024: 147.6k 1000 USD

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

Analysis

The most recent figure for groundnuts, excluding shelled — gross production value in Nigeria is 147,559 1000 USD, measured in 2024. That is the lowest value across all 34 years on record.

The figure is down 56.5% on the previous year and down 83.9% over ten years.

Over the whole period, groundnuts, excluding shelled — gross production value in Nigeria peaked at 2.08 million 1000 USD in 2006 and was at its lowest, 147,559 1000 USD, in 2024.

That places Nigeria 22nd out of 89 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently falling across the 34 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 687,361 1000 USD 513,074 1000 USD 911,963 1000 USD 9
2000s 1.26 million 1000 USD 537,925 1000 USD 2.08 million 1000 USD 10
2010s 764,179 1000 USD 656,862 1000 USD 921,385 1000 USD 10
2020s 414,448 1000 USD 147,559 1000 USD 561,405 1000 USD 5

Countries ranked near Nigeria

  1. 19 Mozambique 208,664 1000 USD compare
  2. 20 Ghana 189,287 1000 USD compare
  3. 21 Zimbabwe 148,269 1000 USD compare
  4. 23 Côte d'Ivoire 143,353 1000 USD compare
  5. 24 Zambia 132,581 1000 USD compare
  6. 25 Nicaragua 129,403 1000 USD compare

See the full ranking of 118 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 147,559 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 2.08 million 1000 USD in 2006.
What is the lowest groundnuts, excluding shelled — gross production value recorded in Nigeria?
The lowest recorded value was 147,559 1000 USD in 2024.
How does Nigeria rank for groundnuts, excluding shelled — gross production value?
Nigeria ranks 22nd out of 89 countries with data for 2024.
Is groundnuts, excluding shelled — gross production value rising or falling in Nigeria?
Over the last ten years it is down 83.9%. The long-run trend across the full record is falling.
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 (current 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 16 August 2026, from https://agriculture.statizoid.com/stat/groundnuts-excluding-shelled-gross-production-value-current-thousand-us/nigeria/

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About this data

Indicator
Groundnuts, excluding shelled — Gross Production Value (current thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
118 places, 3,666 data points, 1991–2024
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.