Agriculture, forestry, fishing, Capital (central government) in Nigeria
Nigeria: Agriculture, forestry, fishing, Capital (central government) was 541.6 million USD in 2024. ▲ Rising
Agriculture, forestry, fishing, Capital (central government) in Nigeria, 2013–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, agriculture, forestry, fishing, capital (central government) in Nigeria stood at 541.6 million USD.
Compared with earlier readings it is down 44.4% on the previous year and up 38.9% over ten years.
Over the whole period, agriculture, forestry, fishing, capital (central government) in Nigeria peaked at 973.87 million USD in 2023 and was at its lowest, 278.42 million USD, in 2016.
Nigeria ranks 6th of 93 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 11 years of available data.
Agriculture, forestry, fishing, Capital (central government) in Nigeria, year by year
| Year | million USD | Change |
|---|---|---|
| 2013 | 359.08 million USD | — |
| 2014 | 390.01 million USD | +8.6% |
| 2015 | 383.96 million USD | -1.6% |
| 2016 | 278.42 million USD | -27.5% |
| 2017 | 282.12 million USD | +1.3% |
| 2018 | 419.13 million USD | +48.6% |
| 2019 | 561.89 million USD | +34.1% |
| 2020 | 339.09 million USD | -39.7% |
| 2021 | 441.51 million USD | +30.2% |
| 2023 | 973.87 million USD | +120.6% |
| 2024 | 541.6 million USD | -44.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 382.09 million USD | 278.42 million USD | 561.89 million USD | 7 |
| 2020s | 574.02 million USD | 339.09 million USD | 973.87 million USD | 4 |
Countries ranked near Nigeria
More environment data for Nigeria
- Historical exposure to drought — Land soil moisture anomaly -5.73 Percentage change (2025)
- Historical exposure to drought — Cropland soil moisture anomaly -5.07 Percentage change (2025)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.281 °C (2025)
- Temperature change 1.15 °C (2025)
- Sawnwood — Production, annual growth rate 0 % change on previous year (2024)
- Sawnwood — Production, per unit of GDP 0 m3 per US$ of GDP (2024)
- Sawnwood — Production, per capita 0.0086 m3 per person (2024)
- Sawnwood — Import quantity, annual growth rate 516.28 % change on previous year (2024)
- Sawnwood — Import quantity, per unit of GDP 0 m3 per US$ of GDP (2024)
Frequently asked questions
- What is agriculture, forestry, fishing, capital (central government) in Nigeria?
- Agriculture, forestry, fishing, capital (central government) in Nigeria was 541.6 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest agriculture, forestry, fishing, capital (central government) recorded in Nigeria?
- The highest recorded value was 973.87 million USD in 2023.
- What is the lowest agriculture, forestry, fishing, capital (central government) recorded in Nigeria?
- The lowest recorded value was 278.42 million USD in 2016.
- How does Nigeria rank for agriculture, forestry, fishing, capital (central government)?
- Nigeria ranks 6th out of 93 countries with data for 2024.
- Is agriculture, forestry, fishing, capital (central government) rising or falling in Nigeria?
- Over the last ten years it is up 38.9%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Agriculture, forestry, fishing, Capital (central government expenditure) — Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.