Sheep — Stocks, per unit of GDP in Nigeria

Nigeria: Sheep — Stocks, per unit of GDP was 0.0002 An per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
0.0002 An per US$ of GDP
Change on year
up 96.7%
World rank
21st
of 158 countries
All-time high
0.0005 An per US$ of GDP
in 1968
All-time low
0.0001 An per US$ of GDP
in 1981
Years of data
64
1961–2024

Sheep — Stocks, per unit of GDP in Nigeria, 1961–2024

00000.001196119922024

Source: Statizoid (derived). Measured in An per US$ of GDP.

Analysis

In 2024, sheep — stocks, per unit of gdp in Nigeria stood at 0.0002 An per US$ of GDP.

That represents a change of up 96.7% on the previous year and up 187.4% over ten years.

Over the whole period, sheep — stocks, per unit of gdp in Nigeria peaked at 0.0005 An per US$ of GDP in 1968 and was at its lowest, 0.0001 An per US$ of GDP, in 1981.

That places Nigeria 21st out of 158 countries with data for 2024, putting it in the top quarter.

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

Sheep — Stocks, per unit of GDP in Nigeria, year by year

Annual values for Sheep — Stocks, per unit of GDP in Nigeria, 1961 to 2024.
Year An per US$ of GDP Change
1961 0.0002 An per US$ of GDP
1962 0.0002 An per US$ of GDP +4.0%
1963 0.0003 An per US$ of GDP +9.4%
1964 0.0003 An per US$ of GDP +7.1%
1965 0.0003 An per US$ of GDP +7.2%
1966 0.0003 An per US$ of GDP +4.4%
1967 0.0004 An per US$ of GDP +38.4%
1968 0.0005 An per US$ of GDP +12.2%
1969 0.0004 An per US$ of GDP -10.5%
1970 0.0003 An per US$ of GDP -40.6%
1971 0.0004 An per US$ of GDP +51.9%
1972 0.0003 An per US$ of GDP -15.9%
1973 0.0003 An per US$ of GDP -9.7%
1974 0.0002 An per US$ of GDP -32.8%
1975 0.0002 An per US$ of GDP -2.6%
1976 0.0002 An per US$ of GDP -15.1%
1977 0.0002 An per US$ of GDP +10.1%
1978 0.0002 An per US$ of GDP +6.5%
1979 0.0002 An per US$ of GDP -17.2%
1980 0.0001 An per US$ of GDP -21.4%
1981 0.0001 An per US$ of GDP -58.9%
1982 0.0001 An per US$ of GDP +21.6%
1983 0.0001 An per US$ of GDP +54.7%
1984 0.0001 An per US$ of GDP +37.8%
1985 0.0001 An per US$ of GDP +5.2%
1986 0.0002 An per US$ of GDP +39.0%
1987 0.0002 An per US$ of GDP +8.0%
1988 0.0002 An per US$ of GDP +10.6%
1989 0.0003 An per US$ of GDP +16.7%
1990 0.0002 An per US$ of GDP -15.2%
1991 0.0002 An per US$ of GDP -5.3%
1992 0.0003 An per US$ of GDP +18.7%
1993 0.0002 An per US$ of GDP -4.8%
1994 0.0002 An per US$ of GDP -24.4%
1995 0.0001 An per US$ of GDP -39.1%
1996 0.0001 An per US$ of GDP -19.4%
1997 0.0001 An per US$ of GDP +6.1%
1998 0.0001 An per US$ of GDP +1.4%
1999 0.0004 An per US$ of GDP +312.2%
2000 0.0004 An per US$ of GDP -7.4%
2001 0.0004 An per US$ of GDP +3.8%
2002 0.0003 An per US$ of GDP -20.7%
2003 0.0003 An per US$ of GDP -7.1%
2004 0.0002 An per US$ of GDP -21.0%
2005 0.0002 An per US$ of GDP -20.8%
2006 0.0001 An per US$ of GDP -24.6%
2007 0.0001 An per US$ of GDP -12.2%
2008 0.0001 An per US$ of GDP -16.1%
2009 0.0001 An per US$ of GDP +17.8%
2010 0.0001 An per US$ of GDP -17.7%
2011 0.0001 An per US$ of GDP -4.3%
2012 0.0001 An per US$ of GDP -8.4%
2013 0.0001 An per US$ of GDP -8.6%
2014 0.0001 An per US$ of GDP -7.2%
2015 0.0001 An per US$ of GDP +17.4%
2016 0.0001 An per US$ of GDP +27.1%
2017 0.0001 An per US$ of GDP +10.4%
2018 0.0001 An per US$ of GDP -8.7%
2019 0.0001 An per US$ of GDP -35.3%
2020 0.0001 An per US$ of GDP +14.4%
2021 0.0001 An per US$ of GDP +0.7%
2022 0.0001 An per US$ of GDP -3.6%
2023 0.0001 An per US$ of GDP +35.1%
2024 0.0002 An per US$ of GDP +96.7%

Nigeria compared with similar countries

  • Nigeria's 0.0002 An per US$ of GDP is above the median for lower middle income countries, which is 0 An per US$ of GDP, 5.1× the median. (37 countries reporting)
  • Nigeria's 0.0002 An per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0001 An per US$ of GDP, 2.0× the median. (42 countries reporting)

Biggest year-on-year movements

Years where Sheep — Stocks, per unit of GDP 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
1999 +312.2% 0.0001 An per US$ of GDP 0.0004 An per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0003 An per US$ of GDP 0.0002 An per US$ of GDP 0.0005 An per US$ of GDP 9
1970s 0.0002 An per US$ of GDP 0.0002 An per US$ of GDP 0.0004 An per US$ of GDP 10
1980s 0.0002 An per US$ of GDP 0.0001 An per US$ of GDP 0.0003 An per US$ of GDP 10
1990s 0.0002 An per US$ of GDP 0.0001 An per US$ of GDP 0.0004 An per US$ of GDP 10
2000s 0.0002 An per US$ of GDP 0.0001 An per US$ of GDP 0.0004 An per US$ of GDP 10
2010s 0.0001 An per US$ of GDP 0.0001 An per US$ of GDP 0.0001 An per US$ of GDP 10
2020s 0.0001 An per US$ of GDP 0.0001 An per US$ of GDP 0.0002 An per US$ of GDP 5

Countries ranked near Nigeria

  1. 18 Burundi 0.0002 An per US$ of GDP compare
  2. 19 Kenya 0.0002 An per US$ of GDP compare
  3. 20 Guinea-Bissau 0.0002 An per US$ of GDP compare
  4. 22 Togo 0.0002 An per US$ of GDP compare
  5. 23 Uzbekistan 0.0002 An per US$ of GDP compare
  6. 24 Central African Republic 0.0002 An per US$ of GDP compare

See the full ranking of 159 places →

More agriculture & rural data for Nigeria

All data for Nigeria →

Frequently asked questions

What is sheep — stocks, per unit of gdp in Nigeria?
Sheep — stocks, per unit of gdp in Nigeria was 0.0002 An per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest sheep — stocks, per unit of gdp recorded in Nigeria?
The highest recorded value was 0.0005 An per US$ of GDP in 1968.
What is the lowest sheep — stocks, per unit of gdp recorded in Nigeria?
The lowest recorded value was 0.0001 An per US$ of GDP in 1981.
How does Nigeria rank for sheep — stocks, per unit of gdp?
Nigeria ranks 21st out of 158 countries with data for 2024.
Is sheep — stocks, per unit of gdp rising or falling in Nigeria?
Over the last ten years it is up 187.4%. 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 Sheep — Stocks, per unit of GDP. Statizoid updates them automatically from the source API.

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Sheep — Stocks, per unit of GDP in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://agriculture.statizoid.com/stat/sheep-stocks-per-unit-of-gdp/nigeria/

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How this figure is calculated

Sheep — Stocks divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Sheep — Stocks ÷ GDP (current US$)

Computed from

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

Indicator
Sheep — Stocks, per unit of GDP
Unit
An per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
159 places, 8,683 data points, 1961–2024
Last refreshed

Sheep — Stocks divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.