Oilcrops, Cake Equivalent — Production, annual growth rate in Nigeria
Nigeria: Oilcrops, Cake Equivalent — Production, annual growth rate was -7.31 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-7.31 % change on previous year
Change on year
down 252.9%
World rank
163rd
of 201 countries
All-time high
43.91 % change on previous year
in 1974
All-time low
-43.4 % change on previous year
in 1975
Years of data
63
1962–2024
Oilcrops, Cake Equivalent — Production, annual growth rate in Nigeria, 1962–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nigeria recorded -7.31 % change on previous year for oilcrops, cake equivalent — production, annual growth rate in 2024.
That represents a change of down 252.9% on the previous year and down 144.6% over ten years.
Over the whole period, oilcrops, cake equivalent — production, annual growth rate in Nigeria peaked at 43.91 % change on previous year in 1974 and was at its lowest, -43.4 % change on previous year, in 1975.
Nigeria ranks 163rd of 201 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oilcrops, Cake Equivalent — Production, annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1962 | 13.36 % change on previous year | — |
| 1963 | 2.39 % change on previous year | -82.1% |
| 1964 | -4.64 % change on previous year | -293.8% |
| 1965 | 5.28 % change on previous year | -213.8% |
| 1966 | -11.29 % change on previous year | -313.8% |
| 1967 | -8.99 % change on previous year | -20.3% |
| 1968 | 9.86 % change on previous year | -209.7% |
| 1969 | 2.37 % change on previous year | -76.0% |
| 1970 | -5.91 % change on previous year | -349.5% |
| 1971 | -15.1 % change on previous year | +155.5% |
| 1972 | -0.954 % change on previous year | -93.7% |
| 1973 | -13.52 % change on previous year | +1316.8% |
| 1974 | 43.91 % change on previous year | -424.9% |
| 1975 | -43.4 % change on previous year | -198.8% |
| 1976 | -2.01 % change on previous year | -95.4% |
| 1977 | 11.94 % change on previous year | -693.8% |
| 1978 | -5.58 % change on previous year | -146.7% |
| 1979 | -8.69 % change on previous year | +55.8% |
| 1980 | -4.47 % change on previous year | -48.6% |
| 1981 | -1.6 % change on previous year | -64.3% |
| 1982 | -5.89 % change on previous year | +269.0% |
| 1983 | 9 % change on previous year | -252.9% |
| 1984 | 0.0537 % change on previous year | -99.4% |
| 1985 | 9.66 % change on previous year | +17900.8% |
| 1986 | 24.15 % change on previous year | +150.0% |
| 1987 | -4.33 % change on previous year | -117.9% |
| 1988 | 35.35 % change on previous year | -916.6% |
| 1989 | 8.75 % change on previous year | -75.2% |
| 1990 | 2.79 % change on previous year | -68.1% |
| 1991 | 4.27 % change on previous year | +52.8% |
| 1992 | 1.26 % change on previous year | -70.4% |
| 1993 | -1.03 % change on previous year | -181.8% |
| 1994 | 7.23 % change on previous year | -798.9% |
| 1995 | 15.62 % change on previous year | +116.2% |
| 1996 | 24.01 % change on previous year | +53.7% |
| 1997 | 8.78 % change on previous year | -63.4% |
| 1998 | 2.15 % change on previous year | -75.4% |
| 1999 | 8.73 % change on previous year | +305.3% |
| 2000 | 1.77 % change on previous year | -79.7% |
| 2001 | -3.11 % change on previous year | -275.5% |
| 2002 | 5.42 % change on previous year | -274.4% |
| 2003 | 5.85 % change on previous year | +8.0% |
| 2004 | 6.09 % change on previous year | +4.0% |
| 2005 | 6.29 % change on previous year | +3.4% |
| 2006 | 7.53 % change on previous year | +19.7% |
| 2007 | -14.94 % change on previous year | -298.4% |
| 2008 | 1.56 % change on previous year | -110.4% |
| 2009 | -7.88 % change on previous year | -606.6% |
| 2010 | 18.61 % change on previous year | -336.3% |
| 2011 | -7.38 % change on previous year | -139.7% |
| 2012 | 24.1 % change on previous year | -426.4% |
| 2013 | -21.48 % change on previous year | -189.1% |
| 2014 | 16.39 % change on previous year | -176.3% |
| 2015 | 0.1858 % change on previous year | -98.9% |
| 2016 | 25.62 % change on previous year | +13686.9% |
| 2017 | 3.34 % change on previous year | -86.9% |
| 2018 | 1.34 % change on previous year | -60.1% |
| 2019 | -3.18 % change on previous year | -338.1% |
| 2020 | 0.4553 % change on previous year | -114.3% |
| 2021 | 1.68 % change on previous year | +269.8% |
| 2022 | 4.34 % change on previous year | +158.0% |
| 2023 | 4.78 % change on previous year | +10.0% |
| 2024 | -7.31 % change on previous year | -252.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.04 % change on previous year | -11.29 % change on previous year | 13.36 % change on previous year | 8 |
| 1970s | -3.93 % change on previous year | -43.4 % change on previous year | 43.91 % change on previous year | 10 |
| 1980s | 7.07 % change on previous year | -5.89 % change on previous year | 35.35 % change on previous year | 10 |
| 1990s | 7.38 % change on previous year | -1.03 % change on previous year | 24.01 % change on previous year | 10 |
| 2000s | 0.8581 % change on previous year | -14.94 % change on previous year | 7.53 % change on previous year | 10 |
| 2010s | 5.75 % change on previous year | -21.48 % change on previous year | 25.62 % change on previous year | 10 |
| 2020s | 0.7908 % change on previous year | -7.31 % change on previous year | 4.78 % change on previous year | 5 |
Countries ranked near Nigeria
- 160 China, Taiwan Province of -6.57 % change on previous year compare
- 161 Cabo Verde -6.99 % change on previous year compare
- 162 North Macedonia -7.21 % change on previous year compare
- 164 Mauritius -7.52 % change on previous year compare
- 165 Nicaragua -7.67 % change on previous year compare
- 166 Libya -7.79 % change on previous year 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 oilcrops, cake equivalent — production, annual growth rate in Nigeria?
- Oilcrops, cake equivalent — production, annual growth rate in Nigeria was -7.31 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest oilcrops, cake equivalent — production, annual growth rate recorded in Nigeria?
- The highest recorded value was 43.91 % change on previous year in 1974.
- What is the lowest oilcrops, cake equivalent — production, annual growth rate recorded in Nigeria?
- The lowest recorded value was -43.4 % change on previous year in 1975.
- How does Nigeria rank for oilcrops, cake equivalent — production, annual growth rate?
- Nigeria ranks 163rd out of 201 countries with data for 2024.
- Is oilcrops, cake equivalent — production, annual growth rate rising or falling in Nigeria?
- Over the last ten years it is down 144.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Oilcrops, Cake Equivalent — Production, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Oilcrops, Cake Equivalent — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Oilcrops, Cake Equivalent — Production Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Oilcrops, Cake Equivalent — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.