Value of agricultural production in Nigeria
Nigeria: Value of agricultural production was 14.65 billion in 2024. ▲ Rising
Latest (2024)
14.65 billion
Change on year
down 53.4%
World rank
44th
of 174 countries
All-time high
95.07 billion
in 2008
All-time low
14.65 billion
in 2024
Years of data
34
1991–2024
Value of agricultural production in Nigeria, 1991–2024
Source: Our World in Data.
Analysis
In 2024, value of agricultural production in Nigeria stood at 14.65 billion. That is the lowest value across all 34 years on record.
Compared with earlier readings it is down 53.4% on the previous year and down 79.9% over ten years.
Over the whole period, value of agricultural production in Nigeria peaked at 95.07 billion in 2008 and was at its lowest, 14.65 billion, in 2024.
That places Nigeria 44th out of 174 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Value of agricultural production in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 31.74 billion | — |
| 1992 | 29.00 billion | -8.6% |
| 1993 | 43.01 billion | +48.3% |
| 1994 | 29.39 billion | -31.7% |
| 1995 | 27.63 billion | -6.0% |
| 1996 | 30.37 billion | +9.9% |
| 1997 | 33.73 billion | +11.1% |
| 1998 | 35.36 billion | +4.8% |
| 1999 | 33.95 billion | -4.0% |
| 2000 | 33.46 billion | -1.4% |
| 2001 | 41.69 billion | +24.6% |
| 2002 | 49.32 billion | +18.3% |
| 2003 | 44.59 billion | -9.6% |
| 2004 | 47.98 billion | +7.6% |
| 2005 | 62.51 billion | +30.3% |
| 2006 | 71.54 billion | +14.4% |
| 2007 | 64.16 billion | -10.3% |
| 2008 | 95.07 billion | +48.2% |
| 2009 | 31.43 billion | -66.9% |
| 2010 | 54.14 billion | +72.3% |
| 2011 | 52.42 billion | -3.2% |
| 2012 | 58.35 billion | +11.3% |
| 2013 | 58.01 billion | -0.6% |
| 2014 | 72.84 billion | +25.6% |
| 2015 | 60.87 billion | -16.4% |
| 2016 | 52.09 billion | -14.4% |
| 2017 | 47.19 billion | -9.4% |
| 2018 | 52.48 billion | +11.2% |
| 2019 | 50.10 billion | -4.5% |
| 2020 | 45.86 billion | -8.5% |
| 2021 | 42.29 billion | -7.8% |
| 2022 | 44.09 billion | +4.2% |
| 2023 | 31.45 billion | -28.7% |
| 2024 | 14.65 billion | -53.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 32.69 billion | 27.63 billion | 43.01 billion | 9 |
| 2000s | 54.17 billion | 31.43 billion | 95.07 billion | 10 |
| 2010s | 55.85 billion | 47.19 billion | 72.84 billion | 10 |
| 2020s | 35.67 billion | 14.65 billion | 45.86 billion | 5 |
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)
- 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)
Frequently asked questions
- What is value of agricultural production in Nigeria?
- Value of agricultural production in Nigeria was 14.65 billion in 2024, according to Our World in Data.
- What is the highest value of agricultural production recorded in Nigeria?
- The highest recorded value was 95.07 billion in 2008.
- What is the lowest value of agricultural production recorded in Nigeria?
- The lowest recorded value was 14.65 billion in 2024.
- How does Nigeria rank for value of agricultural production?
- Nigeria ranks 44th out of 174 countries with data for 2024.
- Is value of agricultural production rising or falling in Nigeria?
- Over the last ten years it is down 79.9%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from Our World in Data, published as part of Value of agricultural production. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (Our World in Data).