Agriculture, forestry, fishing (central government expenditure) in Nigeria

Nigeria: Agriculture, forestry, fishing (central government expenditure) was 2,101 million USD in 2024. ◆ Volatile

Latest (2024)
2,101 million USD
Change on year
up 15.0%
World rank
21st
of 166 countries
All-time high
2,101 million USD
in 2024
All-time low
211.28 million USD
in 2015
Years of data
22
2003–2024

Agriculture, forestry, fishing (central government expenditure) in Nigeria, 2003–2024

05001.0k1.5k2.0k2003201320242003: 282 million USD2004: 720.1 million USD2005: 920.4 million USD2006: 1.0k million USD2007: 1.1k million USD2008: 1.4k million USD2009: 1.3k million USD2010: 749.3 million USD2011: 673.3 million USD2012: 572 million USD2013: 468.4 million USD2014: 355.8 million USD2015: 211.3 million USD2016: 364.3 million USD2017: 589.2 million USD2018: 713.6 million USD2019: 860.9 million USD2020: 652 million USD2021: 744.7 million USD2022: 1.7k million USD2023: 1.8k 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 (central government expenditure) in Nigeria is 2,101 million USD, measured in 2024. That is the highest value across all 22 years on record.

The figure is up 15.0% on the previous year and up 490.5% over ten years.

Over the whole period, agriculture, forestry, fishing (central government expenditure) in Nigeria peaked at 2,101 million USD in 2024 and was at its lowest, 211.28 million USD, in 2015.

That places Nigeria 21st out of 166 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Agriculture, forestry, fishing (central government expenditure) in Nigeria, year by year

Annual values for Agriculture, forestry, fishing (central government expenditure) — Value US$, 2015 prices in Nigeria, 2003 to 2024.
Year million USD Change
2003 281.97 million USD
2004 720.08 million USD +155.4%
2005 920.39 million USD +27.8%
2006 1,042 million USD +13.2%
2007 1,147 million USD +10.1%
2008 1,438 million USD +25.4%
2009 1,345 million USD -6.5%
2010 749.3 million USD -44.3%
2011 673.32 million USD -10.1%
2012 571.99 million USD -15.0%
2013 468.39 million USD -18.1%
2014 355.78 million USD -24.0%
2015 211.28 million USD -40.6%
2016 364.34 million USD +72.4%
2017 589.18 million USD +61.7%
2018 713.6 million USD +21.1%
2019 860.87 million USD +20.6%
2020 652.01 million USD -24.3%
2021 744.66 million USD +14.2%
2022 1,653 million USD +122.0%
2023 1,828 million USD +10.6%
2024 2,101 million USD +15.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 984.85 million USD 281.97 million USD 1,438 million USD 7
2010s 555.81 million USD 211.28 million USD 860.87 million USD 10
2020s 1,396 million USD 652.01 million USD 2,101 million USD 5

Countries ranked near Nigeria

  1. 18 Italy 2,693 million USD compare
  2. 19 Egypt 2,340 million USD compare
  3. 20 Norway 2,276 million USD compare
  4. 22 Spain 1,950 million USD compare
  5. 23 Australia 1,794 million USD compare
  6. 24 Czechia 1,667 million USD compare

See the full ranking of 180 places →

More environment data for Nigeria

All data for Nigeria →

Frequently asked questions

What is agriculture, forestry, fishing (central government expenditure) in Nigeria?
Agriculture, forestry, fishing (central government expenditure) in Nigeria was 2,101 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest agriculture, forestry, fishing (central government expenditure) recorded in Nigeria?
The highest recorded value was 2,101 million USD in 2024.
What is the lowest agriculture, forestry, fishing (central government expenditure) recorded in Nigeria?
The lowest recorded value was 211.28 million USD in 2015.
How does Nigeria rank for agriculture, forestry, fishing (central government expenditure)?
Nigeria ranks 21st out of 166 countries with data for 2024.
Is agriculture, forestry, fishing (central government expenditure) rising or falling in Nigeria?
Over the last ten years it is up 490.5%. The long-run trend across the full record is volatile.
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 (central government expenditure) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Agriculture, forestry, fishing (central government expenditure) in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 06 September 2026, from https://environment.statizoid.com/stat/agriculture-forestry-fishing-central-government-expenditure-value-us-2015-prices/nigeria/

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About this data

Indicator
Agriculture, forestry, fishing (central 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
180 places, 3,332 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.