Oilcrops, Oil Equivalent — Producer Price Index in Nigeria
Nigeria: Oilcrops, Oil Equivalent — Producer Price Index was 127.58 in 2025. ▲ Rising
Oilcrops, Oil Equivalent — Producer Price Index in Nigeria, 1991–2025
Source: Food and Agriculture Organization of the United Nations.
Analysis
Nigeria recorded 127.58 for oilcrops, oil equivalent — producer price index in 2025.
Compared with earlier readings it is up 3.3% on the previous year and up 28.8% over ten years.
Over the whole period, oilcrops, oil equivalent — producer price index in Nigeria peaked at 139.08 in 2008 and was at its lowest, 9, in 1991.
That places Nigeria 88th out of 139 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Oilcrops, Oil Equivalent — Producer Price Index in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 9 | — |
| 1992 | 11.09 | +23.2% |
| 1993 | 24.93 | +124.8% |
| 1994 | 26.54 | +6.5% |
| 1995 | 43.39 | +63.5% |
| 1996 | 49.4 | +13.9% |
| 1997 | 43.17 | -12.6% |
| 1998 | 52.61 | +21.9% |
| 1999 | 60.46 | +14.9% |
| 2000 | 61.08 | +1.0% |
| 2001 | 79.21 | +29.7% |
| 2002 | 93.37 | +17.9% |
| 2003 | 91.14 | -2.4% |
| 2004 | 106.82 | +17.2% |
| 2005 | 111.63 | +4.5% |
| 2006 | 134.4 | +20.4% |
| 2007 | 125.22 | -6.8% |
| 2008 | 139.08 | +11.1% |
| 2009 | 53.88 | -61.3% |
| 2010 | 93.07 | +72.7% |
| 2011 | 99.85 | +7.3% |
| 2012 | 103.22 | +3.4% |
| 2013 | 103.64 | +0.4% |
| 2014 | 108.55 | +4.7% |
| 2015 | 99.08 | -8.7% |
| 2016 | 92.37 | -6.8% |
| 2017 | 91.89 | -0.5% |
| 2018 | 94.41 | +2.7% |
| 2019 | 101.2 | +7.2% |
| 2020 | 104.59 | +3.3% |
| 2021 | 106.8 | +2.1% |
| 2022 | 116.43 | +9.0% |
| 2023 | 121.15 | +4.1% |
| 2024 | 123.52 | +2.0% |
| 2025 | 127.58 | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35.62 | 9 | 60.46 | 9 |
| 2000s | 99.58 | 53.88 | 139.08 | 10 |
| 2010s | 98.73 | 91.89 | 108.55 | 10 |
| 2020s | 116.68 | 104.59 | 127.58 | 6 |
Countries ranked near Nigeria
- 85 Lebanon 128.74 compare
- 86 Bangladesh 128.3 compare
- 87 Honduras 128.18 compare
- 89 Burundi 127.47 compare
- 90 Luxembourg 126.34 compare
- 91 El Salvador 126.02 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, oil equivalent — producer price index in Nigeria?
- Oilcrops, oil equivalent — producer price index in Nigeria was 127.58 in 2025, according to Food and Agriculture Organization of the United Nations.
- What is the highest oilcrops, oil equivalent — producer price index recorded in Nigeria?
- The highest recorded value was 139.08 in 2008.
- What is the lowest oilcrops, oil equivalent — producer price index recorded in Nigeria?
- The lowest recorded value was 9 in 1991.
- How does Nigeria rank for oilcrops, oil equivalent — producer price index?
- Nigeria ranks 88th out of 139 countries with data for 2025.
- Is oilcrops, oil equivalent — producer price index rising or falling in Nigeria?
- Over the last ten years it is up 28.8%. 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 Oilcrops, Oil Equivalent — Producer Price Index (2014-2016 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.