Rice — Gross Production Value in Nigeria

Nigeria: Rice — Gross Production Value was 3.75 million 1000 USD in 2024. ◆ Volatile

Latest (2024)
3.75 million 1000 USD
Change on year
up 2.6%
World rank
11th
of 86 countries
All-time high
3.75 million 1000 USD
in 2024
All-time low
54,672 1000 USD
in 1961
Years of data
64
1961–2024

Rice — Gross Production Value in Nigeria, 1961–2024

01.0M2.0M3.0M4.0M196119922024

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.

Analysis

In 2024, rice — gross production value in Nigeria stood at 3.75 million 1000 USD. That is the highest value across all 64 years on record.

The figure is up 2.6% on the previous year and up 36.5% over ten years.

Over the whole period, rice — gross production value in Nigeria peaked at 3.75 million 1000 USD in 2024 and was at its lowest, 54,672 1000 USD, in 1961.

Nigeria ranks 11th of 86 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Rice — Gross Production Value in Nigeria, year by year

Annual values for Rice — Gross Production Value (constant 2014-2016 thousand US$) in Nigeria, 1961 to 2024.
Year 1000 USD Change
1961 54,672 1000 USD —
1962 105,645 1000 USD +93.2%
1963 80,158 1000 USD -24.1%
1964 90,435 1000 USD +12.8%
1965 94,957 1000 USD +5.0%
1966 81,803 1000 USD -13.9%
1967 158,261 1000 USD +93.5%
1968 145,107 1000 USD -8.3%
1969 133,597 1000 USD -7.9%
1970 140,996 1000 USD +5.5%
1971 159,495 1000 USD +13.1%
1972 183,748 1000 USD +15.2%
1973 200,190 1000 USD +8.9%
1974 215,811 1000 USD +7.8%
1975 207,179 1000 USD -4.0%
1976 89,613 1000 USD -56.7%
1977 167,716 1000 USD +87.2%
1978 211,700 1000 USD +26.2%
1979 308,301 1000 USD +45.6%
1980 448,065 1000 USD +45.3%
1981 510,136 1000 USD +13.9%
1982 513,836 1000 USD +0.7%
1983 526,168 1000 USD +2.4%
1984 534,389 1000 USD +1.6%
1985 587,828 1000 USD +10.0%
1986 582,205 1000 USD -1.0%
1987 731,702 1000 USD +25.7%
1988 855,434 1000 USD +16.9%
1989 1.36 million 1000 USD +58.7%
1990 1.03 million 1000 USD -24.3%
1991 1.33 million 1000 USD +29.0%
1992 1.34 million 1000 USD +1.1%
1993 1.26 million 1000 USD -6.0%
1994 997,663 1000 USD -20.8%
1995 1.20 million 1000 USD +20.3%
1996 1.28 million 1000 USD +6.9%
1997 1.34 million 1000 USD +4.7%
1998 1.35 million 1000 USD +0.2%
1999 1.35 million 1000 USD +0.1%
2000 1.36 million 1000 USD +0.6%
2001 1.13 million 1000 USD -16.6%
2002 1.20 million 1000 USD +6.4%
2003 1.28 million 1000 USD +6.4%
2004 1.37 million 1000 USD +7.0%
2005 1.47 million 1000 USD +7.0%
2006 1.66 million 1000 USD +13.3%
2007 1.31 million 1000 USD -21.2%
2008 1.72 million 1000 USD +31.2%
2009 1.46 million 1000 USD -15.1%
2010 1.84 million 1000 USD +26.1%
2011 1.90 million 1000 USD +3.1%
2012 2.23 million 1000 USD +17.8%
2013 2.39 million 1000 USD +7.1%
2014 2.75 million 1000 USD +15.0%
2015 3.11 million 1000 USD +13.2%
2016 3.21 million 1000 USD +3.2%
2017 3.22 million 1000 USD +0.3%
2018 3.45 million 1000 USD +7.3%
2019 3.47 million 1000 USD +0.4%
2020 3.36 million 1000 USD -3.1%
2021 3.43 million 1000 USD +2.1%
2022 3.49 million 1000 USD +1.9%
2023 3.66 million 1000 USD +4.7%
2024 3.75 million 1000 USD +2.6%

Nigeria compared with similar countries

  • Nigeria's 3.75 million 1000 USD is above the median for lower middle income countries, which is 178,968 1000 USD, 21.0× the median. (23 countries reporting)
  • Nigeria's 3.75 million 1000 USD is above the median for Sub-Saharan Africa, which is 127,754 1000 USD, 29.4× the median. (26 countries reporting)

Biggest year-on-year movements

Years where Rice — Gross Production Value in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1962 +93.2% 54,672 1000 USD 105,645 1000 USD
1967 +93.5% 81,803 1000 USD 158,261 1000 USD
1977 +87.2% 89,613 1000 USD 167,716 1000 USD

Averages by decade

DecadeAverage LowestHighest Years
1960s 104,959 1000 USD 54,672 1000 USD 158,261 1000 USD 9
1970s 188,475 1000 USD 89,613 1000 USD 308,301 1000 USD 10
1980s 664,752 1000 USD 448,065 1000 USD 1.36 million 1000 USD 10
1990s 1.25 million 1000 USD 997,663 1000 USD 1.35 million 1000 USD 10
2000s 1.40 million 1000 USD 1.13 million 1000 USD 1.72 million 1000 USD 10
2010s 2.76 million 1000 USD 1.84 million 1000 USD 3.47 million 1000 USD 10
2020s 3.54 million 1000 USD 3.36 million 1000 USD 3.75 million 1000 USD 5

Countries ranked near Nigeria

  1. 8 Republic of Korea 8.21 million 1000 USD compare
  2. 9 Philippines 7.63 million 1000 USD compare
  3. 9 Türkiye 664,991 1000 USD compare
  4. 10 Pakistan 5.33 million 1000 USD compare
  5. 11 Bolivia (Plurinational State of) 148,929 1000 USD compare
  6. 12 Cambodia 3.61 million 1000 USD compare
  7. 12 Timor-Leste 82,451 1000 USD compare
  8. 13 Brazil 3.01 million 1000 USD compare
  9. 13 Melanesia 5,286 1000 USD compare
  10. 14 Egypt 1.73 million 1000 USD compare

See the full ranking of 126 places →

More agriculture & rural data for Nigeria

All data for Nigeria →

Frequently asked questions

What is rice — gross production value in Nigeria?
Rice — gross production value in Nigeria was 3.75 million 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest rice — gross production value recorded in Nigeria?
The highest recorded value was 3.75 million 1000 USD in 2024.
What is the lowest rice — gross production value recorded in Nigeria?
The lowest recorded value was 54,672 1000 USD in 1961.
How does Nigeria rank for rice — gross production value?
Nigeria ranks 11th out of 86 countries with data for 2024.
Is rice — gross production value rising or falling in Nigeria?
Over the last ten years it is up 36.5%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Rice — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.

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Rice — Gross Production Value in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 06 October 2026, from https://agriculture.statizoid.com/stat/rice-gross-production-value-constant-2014-2016-thousand-us/nigeria/

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About this data

Indicator
Rice — Gross Production Value (constant 2014-2016 thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
126 places, 7,501 data points, 1961–2024
Last refreshed

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.