Soya beans — Gross Production Value in Nigeria

Nigeria: Soya beans — Gross Production Value was 597,875 1000 USD in 2024. ◆ Volatile

Latest (2024)
597,875 1000 USD
Change on year
down 23.3%
World rank
12th
of 74 countries
All-time high
779,837 1000 USD
in 2023
All-time low
21,835 1000 USD
in 1983
Years of data
64
1961–2024

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

0200.0k400.0k600.0k800.0k196119922024

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

Analysis

Nigeria recorded 597,875 1000 USD for soya beans — gross production value in 2024.

The figure 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 779,837 1000 USD in 2023 and was at its lowest, 21,835 1000 USD, in 1983.

That places Nigeria 12th out of 74 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.

Averages by decade

DecadeAverage LowestHighest Years
1960s 32,233 1000 USD 29,114 1000 USD 36,392 1000 USD 9
1970s 34,469 1000 USD 30,154 1000 USD 37,952 1000 USD 10
1980s 52,249 1000 USD 21,835 1000 USD 155,967 1000 USD 10
1990s 137,407 1000 USD 75,384 1000 USD 213,155 1000 USD 10
2000s 266,111 1000 USD 221,780 1000 USD 314,534 1000 USD 10
2010s 378,020 1000 USD 189,802 1000 USD 547,736 1000 USD 10
2020s 665,287 1000 USD 597,875 1000 USD 779,837 1000 USD 5

Countries ranked near Nigeria

  1. 9 Ukraine 2.39 million 1000 USD compare
  2. 10 Uruguay 1.18 million 1000 USD compare
  3. 11 South Africa 802,938 1000 USD compare
  4. 13 Republic of Korea 531,538 1000 USD compare
  5. 14 Japan 349,571 1000 USD compare
  6. 15 Italy 337,866 1000 USD compare

See the full ranking of 113 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 597,875 1000 USD 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 779,837 1000 USD in 2023.
What is the lowest soya beans — gross production value recorded in Nigeria?
The lowest recorded value was 21,835 1000 USD in 1983.
How does Nigeria rank for soya beans — gross production value?
Nigeria ranks 12th out of 74 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 US$). 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 20 August 2026, from https://agriculture.statizoid.com/stat/soya-beans-gross-production-value-constant-2014-2016-thousand-us/nigeria/

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About this data

Indicator
Soya beans — 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
113 places, 5,756 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.