Oil palm fruit — Gross Production Value in Nigeria
Nigeria: Oil palm fruit — Gross Production Value was 1.13 million 1000 Int$ in 2024. ▲ Rising
Latest (2024)
1.13 million 1000 Int$
Change on year
down 0.6%
World rank
4th
of 41 countries
All-time high
1.13 million 1000 Int$
in 2023
All-time low
465,215 1000 Int$
in 1983
Years of data
64
1961–2024
Oil palm fruit — Gross Production Value in Nigeria, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 Int$.
Analysis
The most recent figure for oil palm fruit — gross production value in Nigeria is 1.13 million 1000 Int$, measured in 2024.
Compared with earlier readings it is down 0.6% on the previous year and up 40.5% over ten years.
Over the whole period, oil palm fruit — gross production value in Nigeria peaked at 1.13 million 1000 Int$ in 2023 and was at its lowest, 465,215 1000 Int$, in 1983.
Nigeria ranks 4th of 41 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 64 years of available data.
Oil palm fruit — Gross Production Value in Nigeria, year by year
| Year | 1000 Int$ | Change |
|---|---|---|
| 1961 | 661,096 1000 Int$ | — |
| 1962 | 612,125 1000 Int$ | -7.4% |
| 1963 | 636,611 1000 Int$ | +4.0% |
| 1964 | 636,611 1000 Int$ | +0.0% |
| 1965 | 661,096 1000 Int$ | +3.8% |
| 1966 | 636,611 1000 Int$ | -3.7% |
| 1967 | 514,185 1000 Int$ | -19.2% |
| 1968 | 514,185 1000 Int$ | +0.0% |
| 1969 | 538,670 1000 Int$ | +4.8% |
| 1970 | 526,428 1000 Int$ | -2.3% |
| 1971 | 526,428 1000 Int$ | +0.0% |
| 1972 | 489,700 1000 Int$ | -7.0% |
| 1973 | 489,700 1000 Int$ | +0.0% |
| 1974 | 526,428 1000 Int$ | +7.5% |
| 1975 | 514,185 1000 Int$ | -2.3% |
| 1976 | 514,185 1000 Int$ | +0.0% |
| 1977 | 526,428 1000 Int$ | +2.4% |
| 1978 | 489,700 1000 Int$ | -7.0% |
| 1979 | 563,155 1000 Int$ | +15.0% |
| 1980 | 563,155 1000 Int$ | +0.0% |
| 1981 | 489,700 1000 Int$ | -13.0% |
| 1982 | 489,700 1000 Int$ | +0.0% |
| 1983 | 465,215 1000 Int$ | -5.0% |
| 1984 | 538,670 1000 Int$ | +15.8% |
| 1985 | 558,258 1000 Int$ | +3.6% |
| 1986 | 577,846 1000 Int$ | +3.5% |
| 1987 | 597,434 1000 Int$ | +3.4% |
| 1988 | 587,640 1000 Int$ | -1.6% |
| 1989 | 597,434 1000 Int$ | +1.7% |
| 1990 | 607,228 1000 Int$ | +1.6% |
| 1991 | 636,611 1000 Int$ | +4.8% |
| 1992 | 665,993 1000 Int$ | +4.6% |
| 1993 | 705,169 1000 Int$ | +5.9% |
| 1994 | 710,066 1000 Int$ | +0.7% |
| 1995 | 763,933 1000 Int$ | +7.6% |
| 1996 | 759,036 1000 Int$ | -0.6% |
| 1997 | 759,036 1000 Int$ | +0.0% |
| 1998 | 763,933 1000 Int$ | +0.6% |
| 1999 | 783,521 1000 Int$ | +2.6% |
| 2000 | 805,067 1000 Int$ | +2.7% |
| 2001 | 832,491 1000 Int$ | +3.4% |
| 2002 | 832,491 1000 Int$ | +0.0% |
| 2003 | 845,419 1000 Int$ | +1.6% |
| 2004 | 852,079 1000 Int$ | +0.8% |
| 2005 | 832,491 1000 Int$ | -2.3% |
| 2006 | 812,903 1000 Int$ | -2.4% |
| 2007 | 832,491 1000 Int$ | +2.4% |
| 2008 | 832,491 1000 Int$ | +0.0% |
| 2009 | 832,491 1000 Int$ | +0.0% |
| 2010 | 783,521 1000 Int$ | -5.9% |
| 2011 | 783,521 1000 Int$ | +0.0% |
| 2012 | 793,315 1000 Int$ | +1.2% |
| 2013 | 783,521 1000 Int$ | -1.2% |
| 2014 | 803,109 1000 Int$ | +2.5% |
| 2015 | 812,903 1000 Int$ | +1.2% |
| 2016 | 832,491 1000 Int$ | +2.4% |
| 2017 | 891,255 1000 Int$ | +7.1% |
| 2018 | 940,225 1000 Int$ | +5.5% |
| 2019 | 958,922 1000 Int$ | +2.0% |
| 2020 | 979,401 1000 Int$ | +2.1% |
| 2021 | 1.03 million 1000 Int$ | +5.0% |
| 2022 | 1.09 million 1000 Int$ | +5.7% |
| 2023 | 1.13 million 1000 Int$ | +4.4% |
| 2024 | 1.13 million 1000 Int$ | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 601,243 1000 Int$ | 514,185 1000 Int$ | 661,096 1000 Int$ | 9 |
| 1970s | 516,634 1000 Int$ | 489,700 1000 Int$ | 563,155 1000 Int$ | 10 |
| 1980s | 546,505 1000 Int$ | 465,215 1000 Int$ | 597,434 1000 Int$ | 10 |
| 1990s | 715,453 1000 Int$ | 607,228 1000 Int$ | 783,521 1000 Int$ | 10 |
| 2000s | 831,041 1000 Int$ | 805,067 1000 Int$ | 852,079 1000 Int$ | 10 |
| 2010s | 838,278 1000 Int$ | 783,521 1000 Int$ | 958,922 1000 Int$ | 10 |
| 2020s | 1.07 million 1000 Int$ | 979,401 1000 Int$ | 1.13 million 1000 Int$ | 5 |
Countries ranked near Nigeria
- 1 Indonesia 23.80 million 1000 Int$ compare
- 2 Malaysia 9.81 million 1000 Int$ compare
- 3 Thailand 1.82 million 1000 Int$ compare
- 5 Colombia 766,357 1000 Int$ compare
- 6 Democratic Republic of the Congo 191,298 1000 Int$ compare
- 6 Guatemala 408,908 1000 Int$ compare
- 7 Papua New Guinea 344,071 1000 Int$ 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 oil palm fruit — gross production value in Nigeria?
- Oil palm fruit — gross production value in Nigeria was 1.13 million 1000 Int$ in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest oil palm fruit — gross production value recorded in Nigeria?
- The highest recorded value was 1.13 million 1000 Int$ in 2023.
- What is the lowest oil palm fruit — gross production value recorded in Nigeria?
- The lowest recorded value was 465,215 1000 Int$ in 1983.
- How does Nigeria rank for oil palm fruit — gross production value?
- Nigeria ranks 4th out of 41 countries with data for 2024.
- Is oil palm fruit — gross production value rising or falling in Nigeria?
- Over the last ten years it is up 40.5%. 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 Oil palm fruit — Gross Production Value (constant 2014-2016 thousand I$). Statizoid updates them automatically from the source API.
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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.