Soya beans — Gross Production Value in Nigeria

Nigeria: Soya beans — Gross Production Value was 117.92 million 1000 SLC in 2024. ◆ Volatile

Latest (2024)
117.92 million 1000 SLC
Change on year
down 23.3%
World rank
10th
of 73 countries
All-time high
153.81 million 1000 SLC
in 2023
All-time low
4.31 million 1000 SLC
in 1983
Years of data
64
1961–2024

Soya beans — Gross Production Value in Nigeria, 1961–2024

050.0M100.0M150.0M196119922024

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

Analysis

In 2024, soya beans — gross production value in Nigeria stood at 117.92 million 1000 SLC.

Compared with earlier readings it is down 23.3% on the previous year and up 84.3% over ten years.

Over the whole period, soya beans — gross production value in Nigeria peaked at 153.81 million 1000 SLC in 2023 and was at its lowest, 4.31 million 1000 SLC, in 1983.

Nigeria ranks 10th of 73 countries on this measure, in the top quarter.

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

Soya beans — Gross Production Value in Nigeria, year by year

Annual values for Soya beans — Gross Production Value (constant 2014-2016 thousand SLC) in Nigeria, 1961 to 2024.
Year 1000 SLC Change
1961 5.84 million 1000 SLC —
1962 7.08 million 1000 SLC +21.1%
1963 7.18 million 1000 SLC +1.4%
1964 6.05 million 1000 SLC -15.7%
1965 5.74 million 1000 SLC -5.1%
1966 6.15 million 1000 SLC +7.1%
1967 6.15 million 1000 SLC +0.0%
1968 6.67 million 1000 SLC +8.3%
1969 6.36 million 1000 SLC -4.6%
1970 5.95 million 1000 SLC -6.5%
1971 6.46 million 1000 SLC +8.6%
1972 6.46 million 1000 SLC +0.0%
1973 6.56 million 1000 SLC +1.6%
1974 6.67 million 1000 SLC +1.6%
1975 6.67 million 1000 SLC +0.0%
1976 7.18 million 1000 SLC +7.7%
1977 7.18 million 1000 SLC +0.0%
1978 7.38 million 1000 SLC +2.9%
1979 7.49 million 1000 SLC +1.4%
1980 7.69 million 1000 SLC +2.7%
1981 8.00 million 1000 SLC +4.0%
1982 8.41 million 1000 SLC +5.1%
1983 4.31 million 1000 SLC -48.8%
1984 4.41 million 1000 SLC +2.4%
1985 6.15 million 1000 SLC +39.5%
1986 6.97 million 1000 SLC +13.3%
1987 10.97 million 1000 SLC +57.4%
1988 15.38 million 1000 SLC +40.2%
1989 30.76 million 1000 SLC +100.0%
1990 22.35 million 1000 SLC -27.3%
1991 14.87 million 1000 SLC -33.5%
1992 15.79 million 1000 SLC +6.2%
1993 16.71 million 1000 SLC +5.8%
1994 18.25 million 1000 SLC +9.2%
1995 29.43 million 1000 SLC +61.2%
1996 33.02 million 1000 SLC +12.2%
1997 37.02 million 1000 SLC +12.1%
1998 41.53 million 1000 SLC +12.2%
1999 42.04 million 1000 SLC +1.2%
2000 43.99 million 1000 SLC +4.6%
2001 44.71 million 1000 SLC +1.6%
2002 47.58 million 1000 SLC +6.4%
2003 50.65 million 1000 SLC +6.5%
2004 54.14 million 1000 SLC +6.9%
2005 57.93 million 1000 SLC +7.0%
2006 62.04 million 1000 SLC +7.1%
2007 59.47 million 1000 SLC -4.1%
2008 60.60 million 1000 SLC +1.9%
2009 43.74 million 1000 SLC -27.8%
2010 37.43 million 1000 SLC -14.4%
2011 50.54 million 1000 SLC +35.0%
2012 66.65 million 1000 SLC +31.9%
2013 53.11 million 1000 SLC -20.3%
2014 63.97 million 1000 SLC +20.4%
2015 60.35 million 1000 SLC -5.7%
2016 96.07 million 1000 SLC +59.2%
2017 101.92 million 1000 SLC +6.1%
2018 108.03 million 1000 SLC +6.0%
2019 107.51 million 1000 SLC -0.5%
2020 129.43 million 1000 SLC +20.4%
2021 119.57 million 1000 SLC -7.6%
2022 135.35 million 1000 SLC +13.2%
2023 153.81 million 1000 SLC +13.6%
2024 117.92 million 1000 SLC -23.3%

Nigeria compared with similar countries

  • Nigeria's 117.92 million 1000 SLC is above the median for lower middle income countries, which is 326,325 1000 SLC, 361.4× the median. (19 countries reporting)
  • Nigeria's 117.92 million 1000 SLC is above the median for Sub-Saharan Africa, which is 4.54 million 1000 SLC, 26.0× the median. (14 countries reporting)

Biggest year-on-year movements

Years where Soya beans — 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
1989 +100.0% 15.38 million 1000 SLC 30.76 million 1000 SLC
1995 +61.2% 18.25 million 1000 SLC 29.43 million 1000 SLC
1983 -48.8% 8.41 million 1000 SLC 4.31 million 1000 SLC
2016 +59.2% 60.35 million 1000 SLC 96.07 million 1000 SLC
1987 +57.4% 6.97 million 1000 SLC 10.97 million 1000 SLC

Averages by decade

DecadeAverage LowestHighest Years
1960s 6.36 million 1000 SLC 5.74 million 1000 SLC 7.18 million 1000 SLC 9
1970s 6.80 million 1000 SLC 5.95 million 1000 SLC 7.49 million 1000 SLC 10
1980s 10.31 million 1000 SLC 4.31 million 1000 SLC 30.76 million 1000 SLC 10
1990s 27.10 million 1000 SLC 14.87 million 1000 SLC 42.04 million 1000 SLC 10
2000s 52.49 million 1000 SLC 43.74 million 1000 SLC 62.04 million 1000 SLC 10
2010s 74.56 million 1000 SLC 37.43 million 1000 SLC 108.03 million 1000 SLC 10
2020s 131.22 million 1000 SLC 117.92 million 1000 SLC 153.81 million 1000 SLC 5

Countries ranked near Nigeria

  1. 7 Brazil 157.16 million 1000 SLC compare
  2. 7 Republic of Moldova 179,580 1000 SLC compare
  3. 8 Argentina 154.82 million 1000 SLC compare
  4. 8 Syrian Arab Republic 103,822 1000 SLC compare
  5. 9 Russian Federation 138.75 million 1000 SLC compare
  6. 9 Venezuela (Bolivarian Republic of) 31,146 1000 SLC compare
  7. 10 Timor-Leste 2,105 1000 SLC compare
  8. 11 Malawi 103.72 million 1000 SLC compare
  9. 12 China, mainland 98.02 million 1000 SLC compare
  10. 13 Myanmar 86.21 million 1000 SLC compare

See the full ranking of 85 places →

More agriculture & rural data for Nigeria

All data for Nigeria →

Frequently asked questions

What is soya beans — gross production value in Nigeria?
Soya beans — gross production value in Nigeria was 117.92 million 1000 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest soya beans — gross production value recorded in Nigeria?
The highest recorded value was 153.81 million 1000 SLC in 2023.
What is the lowest soya beans — gross production value recorded in Nigeria?
The lowest recorded value was 4.31 million 1000 SLC in 1983.
How does Nigeria rank for soya beans — gross production value?
Nigeria ranks 10th out of 73 countries with data for 2024.
Is soya beans — gross production value rising or falling in Nigeria?
Over the last ten years it is up 84.3%. 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 Soya beans — Gross Production Value (constant 2014-2016 thousand SLC). Statizoid updates them automatically from the source API.

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Soya beans — Gross Production Value in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 05 October 2026, from https://agriculture.statizoid.com/stat/soya-beans-gross-production-value-constant-2014-2016-thousand-slc/nigeria/

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About this data

Indicator
Soya beans — Gross Production Value (constant 2014-2016 thousand SLC)
Unit
1000 SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
85 places, 4,023 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.