Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) in Nigeria

Nigeria: Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) was 347.38 million USD in 2023. ▼ Falling

Latest (2023)
347.38 million USD
Change on year
down 15.9%
World rank
14th
of 84 countries
All-time high
839.11 million USD
in 2008
All-time low
347.38 million USD
in 2023
Years of data
20
2004–2023

Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) in Nigeria, 2004–2023

02004006008002004201320232004: 589.6 million USD2005: 502.6 million USD2006: 613.3 million USD2007: 646.7 million USD2008: 839.1 million USD2009: 580.4 million USD2010: 519.8 million USD2011: 584.2 million USD2012: 539.1 million USD2013: 551.2 million USD2014: 573.2 million USD2015: 628.4 million USD2016: 758.7 million USD2017: 552.7 million USD2018: 607.9 million USD2019: 361.7 million USD2020: 367.1 million USD2021: 511 million USD2022: 413.1 million USD2023: 347.4 million USD

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

Analysis

In 2023, total expenditure in agricultural r&d (us$ ppp, 2015 prices) in Nigeria stood at 347.38 million USD. 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$ ppp, 2015 prices) in Nigeria peaked at 839.11 million USD in 2008 and was at its lowest, 347.38 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$ PPP, 2015 prices) in Nigeria, year by year

Annual values for Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology) in Nigeria, 2004 to 2023.
Year million USD Change
2004 589.58 million USD
2005 502.56 million USD -14.8%
2006 613.34 million USD +22.0%
2007 646.7 million USD +5.4%
2008 839.11 million USD +29.8%
2009 580.41 million USD -30.8%
2010 519.83 million USD -10.4%
2011 584.18 million USD +12.4%
2012 539.08 million USD -7.7%
2013 551.19 million USD +2.2%
2014 573.15 million USD +4.0%
2015 628.41 million USD +9.6%
2016 758.66 million USD +20.7%
2017 552.7 million USD -27.1%
2018 607.86 million USD +10.0%
2019 361.73 million USD -40.5%
2020 367.08 million USD +1.5%
2021 510.98 million USD +39.2%
2022 413.14 million USD -19.1%
2023 347.38 million USD -15.9%

Nigeria compared with similar countries

  • Nigeria's 347.38 million USD is above the median for lower middle income countries, which is 31.53 million USD, 11.0× the median. (23 countries reporting)
  • Nigeria's 347.38 million USD is above the median for Sub-Saharan Africa, which is 16.34 million USD, 21.3× the median. (35 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 628.62 million USD 502.56 million USD 839.11 million USD 6
2010s 567.68 million USD 361.73 million USD 758.66 million USD 10
2020s 409.64 million USD 347.38 million USD 510.98 million USD 4

Countries ranked near Nigeria

  1. 11 Indonesia 624.1 million USD compare
  2. 12 Argentina 553.79 million USD compare
  3. 13 Malaysia 528.01 million USD compare
  4. 15 Pakistan 330.01 million USD compare
  5. 16 Colombia 290.07 million USD compare
  6. 17 South Africa 280.72 million USD compare

See the full ranking of 121 places →

More agriculture & rural data for Nigeria

All data for Nigeria →

Frequently asked questions

What is total expenditure in agricultural r&d (us$ ppp, 2015 prices) in Nigeria?
Total expenditure in agricultural r&d (us$ ppp, 2015 prices) in Nigeria was 347.38 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$ ppp, 2015 prices) recorded in Nigeria?
The highest recorded value was 839.11 million USD in 2008.
What is the lowest total expenditure in agricultural r&d (us$ ppp, 2015 prices) recorded in Nigeria?
The lowest recorded value was 347.38 million USD in 2023.
How does Nigeria rank for total expenditure in agricultural r&d (us$ ppp, 2015 prices)?
Nigeria ranks 14th out of 84 countries with data for 2023.
Is total expenditure in agricultural r&d (us$ ppp, 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$ PPP, 2015 prices) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology). Statizoid updates them automatically from the source API.

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Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 13 September 2026, from https://agriculture.statizoid.com/stat/total-expenditure-in-agricultural-r-and-d-us-ppp-2015-prices-total-government-higher/nigeria/

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About this data

Indicator
Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology)
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
121 places, 1,821 data points, 2004–2023
Last refreshed

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.