Total Credit — Value US$, 2015 prices in Nigeria
Nigeria: Total Credit — Value US$, 2015 prices was 106,081 million USD in 2023. ◆ Volatile
Total Credit — Value US$, 2015 prices in Nigeria, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total credit — value us$, 2015 prices in Nigeria is 106,081 million USD, measured in 2023. That is the highest value across all 33 years on record.
Compared with earlier readings it is up 34.2% on the previous year and up 89.6% over ten years.
Over the whole period, total credit — value us$, 2015 prices in Nigeria peaked at 106,081 million USD in 2023 and was at its lowest, 6,772 million USD, in 1996.
That places Nigeria 42nd out of 178 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9,048 million USD | 6,772 million USD | 14,674 million USD | 9 |
| 2000s | 31,990 million USD | 13,113 million USD | 74,287 million USD | 10 |
| 2010s | 60,806 million USD | 47,299 million USD | 77,285 million USD | 10 |
| 2020s | 81,235 million USD | 66,998 million USD | 106,081 million USD | 4 |
Countries ranked near Nigeria
More agriculture & rural data for Nigeria
- Agriculture share gdp 22.98 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 22.98 (2025)
- Agricultural raw materials exports 0.4% (2024)
- Agricultural raw materials imports 0.6% (2024)
- Rural population 36.2% (2025)
- Rural population growth -0.1% (2025)
- Rural population 86.04 million (2025)
- Agriculture, forestry, and fishing, value added 23.0% (2025)
- Agriculture, forestry, and fishing, value added 66.82 billion current US$ (2025)
- Cereal yield vs gdp per capita 1.56 (2024)
Frequently asked questions
- What is total credit — value us$, 2015 prices in Nigeria?
- Total credit — value us$, 2015 prices in Nigeria was 106,081 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$, 2015 prices recorded in Nigeria?
- The highest recorded value was 106,081 million USD in 2023.
- What is the lowest total credit — value us$, 2015 prices recorded in Nigeria?
- The lowest recorded value was 6,772 million USD in 1996.
- How does Nigeria rank for total credit — value us$, 2015 prices?
- Nigeria ranks 42nd out of 178 countries with data for 2023.
- Is total credit — value us$, 2015 prices rising or falling in Nigeria?
- Over the last ten years it is up 89.6%. 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 Total Credit — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.