Indicator of Food Price Anomalies (IFPA), by type of product in Nigeria
Nigeria: Indicator of Food Price Anomalies (IFPA), by type of product was 0.25 in 2023. ◆ Volatile
Latest (2023)
0.25
Change on year
up 204.2%
World rank
16th
of 46 countries
All-time high
1.8
in 2016
All-time low
-0.5
in 2015
Years of data
9
2015–2023
Indicator of Food Price Anomalies (IFPA), by type of product in Nigeria, 2015–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, indicator of food price anomalies (ifpa), by type of product in Nigeria stood at 0.25.
That represents a change of up 204.2% on the previous year and up 150.0% over ten years.
Over the whole period, indicator of food price anomalies (ifpa), by type of product in Nigeria peaked at 1.8 in 2016 and was at its lowest, -0.5, in 2015.
That places Nigeria 16th out of 46 countries with data for 2023, putting it in the middle of the range.
Indicator of Food Price Anomalies (IFPA), by type of product in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | -0.5 | — |
| 2016 | 1.8 | -460.0% |
| 2017 | -0.1 | -105.6% |
| 2018 | -0.5 | +400.0% |
| 2019 | -0.4 | -20.0% |
| 2020 | 0.77 | -292.5% |
| 2021 | 0.66 | -14.3% |
| 2022 | -0.24 | -136.4% |
| 2023 | 0.25 | -204.2% |
Nigeria compared with similar countries
- Nigeria's 0.25 is above the median for lower middle income countries, which is 0.06, 4.2× the median. (12 countries reporting)
- Nigeria's 0.25 is above the median for Sub-Saharan Africa, which is 0.06, 4.2× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.06 | -0.5 | 1.8 | 5 |
| 2020s | 0.36 | -0.24 | 0.77 | 4 |
Countries ranked near Nigeria
- 13 Uganda 0.42 compare
- 14 Central African Republic 0.34 compare
- 15 Bolivia (Plurinational State of) 0.29 compare
- 16 United Republic of Tanzania 0.25 compare
- 18 Panama 0.21 compare
- 19 Nicaragua 0.2 compare
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 indicator of food price anomalies (ifpa), by type of product in Nigeria?
- Indicator of food price anomalies (ifpa), by type of product in Nigeria was 0.25 in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest indicator of food price anomalies (ifpa), by type of product recorded in Nigeria?
- The highest recorded value was 1.8 in 2016.
- What is the lowest indicator of food price anomalies (ifpa), by type of product recorded in Nigeria?
- The lowest recorded value was -0.5 in 2015.
- How does Nigeria rank for indicator of food price anomalies (ifpa), by type of product?
- Nigeria ranks 16th out of 46 countries with data for 2023.
- Is indicator of food price anomalies (ifpa), by type of product rising or falling in Nigeria?
- Over the last ten years it is up 150.0%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Indicator of Food Price Anomalies (IFPA), by type of product. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under UN SDG Global Database (open, attribution requested).