Oilcrops, Oil Equivalent — Production, annual growth rate in Nigeria
Nigeria: Oilcrops, Oil Equivalent — Production, annual growth rate was -1.7 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-1.7 % change on previous year
Change on year
down 148.4%
World rank
132nd
of 204 countries
All-time high
23.97 % change on previous year
in 1974
All-time low
-22.63 % change on previous year
in 1975
Years of data
63
1962–2024
Oilcrops, Oil Equivalent — Production, annual growth rate in Nigeria, 1962–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, oilcrops, oil equivalent — production, annual growth rate in Nigeria stood at -1.7 % change on previous year.
The figure is down 148.4% on the previous year and down 118.9% over ten years.
Over the whole period, oilcrops, oil equivalent — production, annual growth rate in Nigeria peaked at 23.97 % change on previous year in 1974 and was at its lowest, -22.63 % change on previous year, in 1975.
Nigeria ranks 132nd of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Oilcrops, Oil Equivalent — Production, annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1962 | 0.2241 % change on previous year | — |
| 1963 | 3.65 % change on previous year | +1530.8% |
| 1964 | -1.9 % change on previous year | -152.0% |
| 1965 | 4.8 % change on previous year | -352.7% |
| 1966 | -6.98 % change on previous year | -245.4% |
| 1967 | -15.37 % change on previous year | +120.1% |
| 1968 | 4.48 % change on previous year | -129.2% |
| 1969 | 3.55 % change on previous year | -20.8% |
| 1970 | -5.17 % change on previous year | -245.7% |
| 1971 | -4.89 % change on previous year | -5.6% |
| 1972 | -4.95 % change on previous year | +1.2% |
| 1973 | -6.78 % change on previous year | +37.1% |
| 1974 | 23.97 % change on previous year | -453.4% |
| 1975 | -22.63 % change on previous year | -194.4% |
| 1976 | -0.5794 % change on previous year | -97.4% |
| 1977 | 5.13 % change on previous year | -984.9% |
| 1978 | -5.03 % change on previous year | -198.2% |
| 1979 | 7.47 % change on previous year | -248.5% |
| 1980 | -0.9085 % change on previous year | -112.2% |
| 1981 | -9.8 % change on previous year | +979.0% |
| 1982 | -1.5 % change on previous year | -84.7% |
| 1983 | -1.08 % change on previous year | -28.2% |
| 1984 | 11.25 % change on previous year | -1144.4% |
| 1985 | 4.92 % change on previous year | -56.3% |
| 1986 | 8.89 % change on previous year | +80.9% |
| 1987 | -0.5713 % change on previous year | -106.4% |
| 1988 | 7.79 % change on previous year | -1463.7% |
| 1989 | 3.66 % change on previous year | -53.0% |
| 1990 | 3.97 % change on previous year | +8.4% |
| 1991 | 6.66 % change on previous year | +67.7% |
| 1992 | 2.84 % change on previous year | -57.4% |
| 1993 | 4.12 % change on previous year | +45.3% |
| 1994 | 2.93 % change on previous year | -28.9% |
| 1995 | 8.82 % change on previous year | +200.7% |
| 1996 | 8.76 % change on previous year | -0.7% |
| 1997 | 3.42 % change on previous year | -61.0% |
| 1998 | 0.7327 % change on previous year | -78.6% |
| 1999 | 5.72 % change on previous year | +680.8% |
| 2000 | 1.99 % change on previous year | -65.3% |
| 2001 | -0.0251 % change on previous year | -101.3% |
| 2002 | 2.22 % change on previous year | -8916.7% |
| 2003 | 3.65 % change on previous year | +64.8% |
| 2004 | 3.07 % change on previous year | -16.0% |
| 2005 | 1.63 % change on previous year | -46.7% |
| 2006 | 2.53 % change on previous year | +54.9% |
| 2007 | -7.36 % change on previous year | -390.9% |
| 2008 | 0.2303 % change on previous year | -103.1% |
| 2009 | -1.59 % change on previous year | -790.2% |
| 2010 | 6.33 % change on previous year | -498.2% |
| 2011 | -5.9 % change on previous year | -193.2% |
| 2012 | 14.88 % change on previous year | -352.3% |
| 2013 | -13.11 % change on previous year | -188.1% |
| 2014 | 9.01 % change on previous year | -168.7% |
| 2015 | 0.8771 % change on previous year | -90.3% |
| 2016 | 12.9 % change on previous year | +1370.7% |
| 2017 | 5.14 % change on previous year | -60.1% |
| 2018 | 2.49 % change on previous year | -51.5% |
| 2019 | -0.9587 % change on previous year | -138.5% |
| 2020 | -1.79 % change on previous year | +86.8% |
| 2021 | 4.67 % change on previous year | -361.0% |
| 2022 | 3.9 % change on previous year | -16.7% |
| 2023 | 3.52 % change on previous year | -9.7% |
| 2024 | -1.7 % change on previous year | -148.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -0.9419 % change on previous year | -15.37 % change on previous year | 4.8 % change on previous year | 8 |
| 1970s | -1.35 % change on previous year | -22.63 % change on previous year | 23.97 % change on previous year | 10 |
| 1980s | 2.27 % change on previous year | -9.8 % change on previous year | 11.25 % change on previous year | 10 |
| 1990s | 4.8 % change on previous year | 0.7327 % change on previous year | 8.82 % change on previous year | 10 |
| 2000s | 0.6338 % change on previous year | -7.36 % change on previous year | 3.65 % change on previous year | 10 |
| 2010s | 3.17 % change on previous year | -13.11 % change on previous year | 14.88 % change on previous year | 10 |
| 2020s | 1.72 % change on previous year | -1.79 % change on previous year | 4.67 % change on previous year | 5 |
Countries ranked near Nigeria
- 129 Slovakia -1.28 % change on previous year compare
- 130 Seychelles -1.42 % change on previous year compare
- 131 Gabon -1.53 % change on previous year compare
- 133 Egypt -1.84 % change on previous year compare
- 134 Philippines -2.68 % change on previous year compare
- 135 Polynesia -2.7 % 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, oil equivalent — production, annual growth rate in Nigeria?
- Oilcrops, oil equivalent — production, annual growth rate in Nigeria was -1.7 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest oilcrops, oil equivalent — production, annual growth rate recorded in Nigeria?
- The highest recorded value was 23.97 % change on previous year in 1974.
- What is the lowest oilcrops, oil equivalent — production, annual growth rate recorded in Nigeria?
- The lowest recorded value was -22.63 % change on previous year in 1975.
- How does Nigeria rank for oilcrops, oil equivalent — production, annual growth rate?
- Nigeria ranks 132nd out of 204 countries with data for 2024.
- Is oilcrops, oil equivalent — production, annual growth rate rising or falling in Nigeria?
- Over the last ten years it is down 118.9%. 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, Oil 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, Oil Equivalent — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Oilcrops, Oil 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, Oil Equivalent — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.