Total Expenditure in Agricultural R&D (US$, 2015 prices) in Nigeria
Nigeria: Total Expenditure in Agricultural R&D (US$, 2015 prices) was 173.63 million USD in 2023. ▼ Falling
Total Expenditure in Agricultural R&D (US$, 2015 prices) in Nigeria, 2004–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Nigeria recorded 173.63 million USD for total expenditure in agricultural r&d (us$, 2015 prices) in 2023. That is the lowest value across all 20 years on record.
The figure is down 15.9% on the previous year and down 37.0% over ten years.
Over the whole period, total expenditure in agricultural r&d (us$, 2015 prices) in Nigeria peaked at 419.42 million USD in 2008 and was at its lowest, 173.63 million USD, in 2023.
Nigeria ranks 14th of 84 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Total Expenditure in Agricultural R&D (US$, 2015 prices) in Nigeria, year by year
| Year | million USD | Change |
|---|---|---|
| 2004 | 294.7 million USD | — |
| 2005 | 251.2 million USD | -14.8% |
| 2006 | 306.57 million USD | +22.0% |
| 2007 | 323.24 million USD | +5.4% |
| 2008 | 419.42 million USD | +29.8% |
| 2009 | 290.11 million USD | -30.8% |
| 2010 | 259.83 million USD | -10.4% |
| 2011 | 292 million USD | +12.4% |
| 2012 | 269.45 million USD | -7.7% |
| 2013 | 275.51 million USD | +2.2% |
| 2014 | 286.49 million USD | +4.0% |
| 2015 | 314.1 million USD | +9.6% |
| 2016 | 379.21 million USD | +20.7% |
| 2017 | 276.26 million USD | -27.1% |
| 2018 | 303.83 million USD | +10.0% |
| 2019 | 180.81 million USD | -40.5% |
| 2020 | 183.48 million USD | +1.5% |
| 2021 | 255.41 million USD | +39.2% |
| 2022 | 206.5 million USD | -19.1% |
| 2023 | 173.63 million USD | -15.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 314.21 million USD | 251.2 million USD | 419.42 million USD | 6 |
| 2010s | 283.75 million USD | 180.81 million USD | 379.21 million USD | 10 |
| 2020s | 204.76 million USD | 173.63 million USD | 255.41 million USD | 4 |
Countries ranked near Nigeria
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 total expenditure in agricultural r&d (us$, 2015 prices) in Nigeria?
- Total expenditure in agricultural r&d (us$, 2015 prices) in Nigeria was 173.63 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure in agricultural r&d (us$, 2015 prices) recorded in Nigeria?
- The highest recorded value was 419.42 million USD in 2008.
- What is the lowest total expenditure in agricultural r&d (us$, 2015 prices) recorded in Nigeria?
- The lowest recorded value was 173.63 million USD in 2023.
- How does Nigeria rank for total expenditure in agricultural r&d (us$, 2015 prices)?
- Nigeria ranks 14th out of 84 countries with data for 2023.
- Is total expenditure in agricultural r&d (us$, 2015 prices) rising or falling in Nigeria?
- Over the last ten years it is down 37.0%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure in Agricultural R&D (US$, 2015 prices) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The dataset contains a set of financial indicators describing national expenditures on agricultural research and development (R&D). The indicators are derived primarily from responses to the financial resources section of the ASTI questionnaire, complemented with selected external macroeconomic indicators required to ensure comparability across countries and over time.The dataset includes both directly reported financial aggregates and derived indicators, reflecting different dimensions of agricultural R&D investment. Reported expenditure data are collected in current local currency units (LCU) and refer to total institutional expenditures, as provided by national respondents. Coverage of the private for-profit sector remains limited and is therefore excluded from the dataset. To support temporal analysis and international comparability, expenditure indicators are also expressed in constant local currency units, using country-specific GDP deflators sourced from FAOSTAT. In addition, selected indicators relate agricultural R&D expenditures to key structural variables, such as agricultural value added, allowing for meaningful cross-country comparisons of research intensity and resource allocation.