ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) in Nigeria
Nigeria: ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) was 3,335 USD in 2024. ▲ Rising
ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) in Nigeria, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Nigeria recorded 3,335 USD for ilo - modelled estimates; faostat - value added (2015 us$) in 2024.
The figure is up 10.4% over ten years.
Over the whole period, ilo - modelled estimates; faostat - value added (2015 us$) in Nigeria peaked at 3,422 USD in 2022 and was at its lowest, 948.51 USD, in 1994.
That places Nigeria 119th out of 168 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) in Nigeria, year by year
| Year | USD | Change |
|---|---|---|
| 1991 | 985.04 USD | — |
| 1992 | 977.02 USD | -0.8% |
| 1993 | 960.68 USD | -1.7% |
| 1994 | 948.51 USD | -1.3% |
| 1995 | 952.02 USD | +0.4% |
| 1996 | 966.5 USD | +1.5% |
| 1997 | 982.28 USD | +1.6% |
| 1998 | 999.01 USD | +1.7% |
| 1999 | 1,026 USD | +2.7% |
| 2000 | 1,040 USD | +1.4% |
| 2001 | 1,061 USD | +2.0% |
| 2002 | 1,619 USD | +52.6% |
| 2003 | 1,714 USD | +5.9% |
| 2004 | 1,815 USD | +5.9% |
| 2005 | 1,928 USD | +6.2% |
| 2006 | 2,055 USD | +6.6% |
| 2007 | 2,184 USD | +6.3% |
| 2008 | 2,301 USD | +5.3% |
| 2009 | 2,419 USD | +5.1% |
| 2010 | 2,561 USD | +5.9% |
| 2011 | 2,628 USD | +2.6% |
| 2012 | 2,800 USD | +6.5% |
| 2013 | 2,900 USD | +3.6% |
| 2014 | 3,021 USD | +4.2% |
| 2015 | 3,097 USD | +2.5% |
| 2016 | 3,152 USD | +1.8% |
| 2017 | 3,196 USD | +1.4% |
| 2018 | 3,204 USD | +0.3% |
| 2019 | 3,226 USD | +0.7% |
| 2020 | 3,304 USD | +2.4% |
| 2021 | 3,370 USD | +2.0% |
| 2022 | 3,422 USD | +1.5% |
| 2023 | 3,335 USD | -2.5% |
| 2024 | 3,335 USD | -0.0% |
Nigeria compared with similar countries
- Nigeria's 3,335 USD is above the median for lower middle income countries, which is 2,683 USD, 1.2× the median. (40 countries reporting)
- Nigeria's 3,335 USD is above the median for Sub-Saharan Africa, which is 1,560 USD, 2.1× the median. (43 countries reporting)
Biggest year-on-year movements
Years where ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +52.6% | 1,061 USD | 1,619 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 977.44 USD | 948.51 USD | 1,026 USD | 9 |
| 2000s | 1,814 USD | 1,040 USD | 2,419 USD | 10 |
| 2010s | 2,979 USD | 2,561 USD | 3,226 USD | 10 |
| 2020s | 3,353 USD | 3,304 USD | 3,422 USD | 5 |
Countries ranked near Nigeria
More agriculture & rural data for Nigeria
- Agriculture, forestry, and fishing, value added (current US$), annual 2.38 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.2298 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 281.32 current US$ per person (2025)
- Rural population, annual growth rate -0.1218 % change on previous year (2025)
- Rural population, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Rural population, per capita 0.3622 units per person (2025)
- Share of GDP from agriculture 23.0% (2025)
- Agriculture as a share of GDP vs. GDP per capita 23.0% (2025)
- Agricultural raw materials exports 0.4% (2024)
- Agricultural raw materials imports 0.6% (2024)
Frequently asked questions
- What is ilo - modelled estimates; faostat - value added (2015 us$) in Nigeria?
- Ilo - modelled estimates; faostat - value added (2015 us$) in Nigeria was 3,335 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest ilo - modelled estimates; faostat - value added (2015 us$) recorded in Nigeria?
- The highest recorded value was 3,422 USD in 2022.
- What is the lowest ilo - modelled estimates; faostat - value added (2015 us$) recorded in Nigeria?
- The lowest recorded value was 948.51 USD in 1994.
- How does Nigeria rank for ilo - modelled estimates; faostat - value added (2015 us$)?
- Nigeria ranks 119th out of 168 countries with data for 2024.
- Is ilo - modelled estimates; faostat - value added (2015 us$) rising or falling in Nigeria?
- Over the last ten years it is up 10.4%. 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 ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) — Agriculture value added per worker (constant 2015 US$) — Value. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Employment indicators domain focuses on indicators related to employment in agrifood systems and rural areas. The update is performed yearly, using data from the International Labour Organization (ILO) database that contains a rich set of indicators from a wide range of topics related to labour statistics. The indicators published in FAOSTAT are derived from the labour force statistics (LFS) and rural and urban labour markets (RURURB) databases of the ILOSTAT database. In addition, the ILO modelled estimates and projections (ILOEST) are used to provide information on employment in agriculture. FAOSTAT also publishes indicators on employment in agrifood systems (AFS) from 2000 at the national, regional, and global levels, using a methodology developed by the FAO to estimate the number of people employed within these systems.