Soya beans — Gross Production Value in Nigeria
Nigeria: Soya beans — Gross Production Value was 258.40 million 1000 SLC in 2024. ◆ Volatile
Soya beans — Gross Production Value in Nigeria, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 SLC.
Analysis
Nigeria recorded 258.40 million 1000 SLC for soya beans — gross production value in 2024.
Compared with earlier readings it is down 19.3% on the previous year and up 337.2% over ten years.
Over the whole period, soya beans — gross production value in Nigeria peaked at 320.23 million 1000 SLC in 2023 and was at its lowest, 574,200 1000 SLC, in 1991.
That places Nigeria 9th out of 75 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.
Soya beans — Gross Production Value in Nigeria, year by year
| Year | 1000 SLC | Change |
|---|---|---|
| 1991 | 574,200 1000 SLC | — |
| 1992 | 812,350 1000 SLC | +41.5% |
| 1993 | 2.24 million 1000 SLC | +175.7% |
| 1994 | 2.27 million 1000 SLC | +1.4% |
| 1995 | 5.40 million 1000 SLC | +138.0% |
| 1996 | 9.91 million 1000 SLC | +83.4% |
| 1997 | 10.18 million 1000 SLC | +2.7% |
| 1998 | 13.30 million 1000 SLC | +30.7% |
| 1999 | 16.32 million 1000 SLC | +22.7% |
| 2000 | 14.64 million 1000 SLC | -10.3% |
| 2001 | 21.10 million 1000 SLC | +44.1% |
| 2002 | 22.16 million 1000 SLC | +5.0% |
| 2003 | 25.95 million 1000 SLC | +17.1% |
| 2004 | 33.44 million 1000 SLC | +28.9% |
| 2005 | 39.42 million 1000 SLC | +17.9% |
| 2006 | 40.53 million 1000 SLC | +2.8% |
| 2007 | 38.35 million 1000 SLC | -5.4% |
| 2008 | 50.46 million 1000 SLC | +31.6% |
| 2009 | 31.21 million 1000 SLC | -38.1% |
| 2010 | 23.32 million 1000 SLC | -25.3% |
| 2011 | 33.03 million 1000 SLC | +41.6% |
| 2012 | 45.79 million 1000 SLC | +38.7% |
| 2013 | 36.26 million 1000 SLC | -20.8% |
| 2014 | 59.11 million 1000 SLC | +63.0% |
| 2015 | 57.53 million 1000 SLC | -2.7% |
| 2016 | 107.85 million 1000 SLC | +87.5% |
| 2017 | 142.64 million 1000 SLC | +32.3% |
| 2018 | 150.24 million 1000 SLC | +5.3% |
| 2019 | 161.41 million 1000 SLC | +7.4% |
| 2020 | 228.77 million 1000 SLC | +41.7% |
| 2021 | 215.89 million 1000 SLC | -5.6% |
| 2022 | 272.11 million 1000 SLC | +26.0% |
| 2023 | 320.23 million 1000 SLC | +17.7% |
| 2024 | 258.40 million 1000 SLC | -19.3% |
Nigeria compared with similar countries
- Nigeria's 258.40 million 1000 SLC is above the median for lower middle income countries, which is 2.26 million 1000 SLC, 114.2× the median. (19 countries reporting)
- Nigeria's 258.40 million 1000 SLC is above the median for Sub-Saharan Africa, which is 5.11 million 1000 SLC, 50.6× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.78 million 1000 SLC | 574,200 1000 SLC | 16.32 million 1000 SLC | 9 |
| 2000s | 31.72 million 1000 SLC | 14.64 million 1000 SLC | 50.46 million 1000 SLC | 10 |
| 2010s | 81.72 million 1000 SLC | 23.32 million 1000 SLC | 161.41 million 1000 SLC | 10 |
| 2020s | 259.08 million 1000 SLC | 215.89 million 1000 SLC | 320.23 million 1000 SLC | 5 |
Countries ranked near Nigeria
- 6 Cambodia 341.69 million 1000 SLC compare
- 6 Türkiye 2.92 million 1000 SLC compare
- 7 Republic of Moldova 216,941 1000 SLC compare
- 7 Russian Federation 264.41 million 1000 SLC compare
- 8 Brazil 260.23 million 1000 SLC compare
- 8 Syrian Arab Republic 115,085 1000 SLC compare
- 9 Venezuela (Bolivarian Republic of) 31,146 1000 SLC compare
- 10 Colombia 241.81 million 1000 SLC compare
- 10 Timor-Leste 2,715 1000 SLC compare
- 11 Malawi 226.88 million 1000 SLC compare
- 12 Myanmar 176.62 million 1000 SLC 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 soya beans — gross production value in Nigeria?
- Soya beans — gross production value in Nigeria was 258.40 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 320.23 million 1000 SLC in 2023.
- What is the lowest soya beans — gross production value recorded in Nigeria?
- The lowest recorded value was 574,200 1000 SLC in 1991.
- How does Nigeria rank for soya beans — gross production value?
- Nigeria ranks 9th out of 75 countries with data for 2024.
- Is soya beans — gross production value rising or falling in Nigeria?
- Over the last ten years it is up 337.2%. 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 (current thousand SLC). Statizoid updates them automatically from the source API.
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About this data
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.