Agriculture, forestry, fishing, Capital (general government) in Nigeria

Nigeria: Agriculture, forestry, fishing, Capital (general government) was 2,141 million USD in 2024. ▲ Rising

Latest (2024)
2,141 million USD
Change on year
up 15.0%
World rank
2nd
of 57 countries
All-time high
2,141 million USD
in 2024
All-time low
687.65 million USD
in 2020
Years of data
7
2017–2024

Agriculture, forestry, fishing, Capital (general government) in Nigeria, 2017–2024

5001.0k1.5k2.0k2017202020242017: 741.1 million USD2018: 910.1 million USD2019: 938.2 million USD2020: 687.6 million USD2021: 798.4 million USD2023: 1.9k million USD2024: 2.1k million USD

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

Analysis

The most recent figure for agriculture, forestry, fishing, capital (general government) in Nigeria is 2,141 million USD, measured in 2024. That is the highest value across all 7 years on record.

The figure is up 15.0% on the previous year and up 188.8% over ten years.

That places Nigeria 2nd out of 57 countries with data for 2024, putting it in the top 10%.

Agriculture, forestry, fishing, Capital (general government) in Nigeria, year by year

Annual values for Agriculture, forestry, fishing, Capital (general government expenditure) — Value US$, 2015 prices in Nigeria, 2017 to 2024.
Year million USD Change
2017 741.12 million USD
2018 910.08 million USD +22.8%
2019 938.2 million USD +3.1%
2020 687.65 million USD -26.7%
2021 798.42 million USD +16.1%
2023 1,862 million USD +133.2%
2024 2,141 million USD +15.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 863.13 million USD 741.12 million USD 938.2 million USD 3
2020s 1,372 million USD 687.65 million USD 2,141 million USD 4

Countries ranked near Nigeria

  1. 1 India 3,647 million USD compare
  2. 1 Viet Nam 1,670 million USD compare
  3. 2 Republic of Moldova 16.51 million USD compare
  4. 3 Pakistan 1,063 million USD compare
  5. 4 Peru 866.63 million USD compare
  6. 5 Spain 841.69 million USD compare

See the full ranking of 59 places →

More environment data for Nigeria

All data for Nigeria →

Frequently asked questions

What is agriculture, forestry, fishing, capital (general government) in Nigeria?
Agriculture, forestry, fishing, capital (general government) in Nigeria was 2,141 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest agriculture, forestry, fishing, capital (general government) recorded in Nigeria?
The highest recorded value was 2,141 million USD in 2024.
What is the lowest agriculture, forestry, fishing, capital (general government) recorded in Nigeria?
The lowest recorded value was 687.65 million USD in 2020.
How does Nigeria rank for agriculture, forestry, fishing, capital (general government)?
Nigeria ranks 2nd out of 57 countries with data for 2024.
Is agriculture, forestry, fishing, capital (general government) rising or falling in Nigeria?
Over the last ten years it is up 188.8%. 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 (general government expenditure) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Agriculture, forestry, fishing, Capital (general government) in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 11 September 2026, from https://environment.statizoid.com/stat/agriculture-forestry-fishing-capital-general-government-expenditure-value-us-2015-prices/nigeria/

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About this data

Indicator
Agriculture, forestry, fishing, Capital (general government expenditure) — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
59 places, 747 data points, 2001–2024
Last refreshed

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.