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

Nigeria: Agriculture, forestry, fishing (central government expenditure) was 682.58 million USD in 2024. ◆ Volatile

Latest (2024)
682.58 million USD
Change on year
down 44.4%
World rank
49th
of 166 countries
All-time high
1,447 million USD
in 2022
All-time low
123.82 million USD
in 2003
Years of data
22
2003–2024

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

05001.0k1.5k2003201320242003: 123.8 million USD2004: 376.3 million USD2005: 583.5 million USD2006: 834.8 million USD2007: 1.0k million USD2008: 1.4k million USD2009: 1.1k million USD2010: 706.6 million USD2011: 676.6 million USD2012: 614 million USD2013: 532.5 million USD2014: 420.3 million USD2015: 211.3 million USD2016: 299.7 million USD2017: 446.5 million USD2018: 595.5 million USD2019: 790.9 million USD2020: 552.6 million USD2021: 621.7 million USD2022: 1.4k million USD2023: 1.2k million USD2024: 682.6 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 682.58 million USD, measured in 2024.

Compared with earlier readings it is down 44.4% on the previous year and up 62.4% over ten years.

Over the whole period, agriculture, forestry, fishing (central government expenditure) in Nigeria peaked at 1,447 million USD in 2022 and was at its lowest, 123.82 million USD, in 2003.

That places Nigeria 49th out of 166 countries with data for 2024, putting it in the middle of the range.

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$ in Nigeria, 2003 to 2024.
Year million USD Change
2003 123.82 million USD
2004 376.26 million USD +203.9%
2005 583.51 million USD +55.1%
2006 834.81 million USD +43.1%
2007 1,006 million USD +20.5%
2008 1,446 million USD +43.7%
2009 1,083 million USD -25.1%
2010 706.6 million USD -34.8%
2011 676.58 million USD -4.2%
2012 613.97 million USD -9.3%
2013 532.46 million USD -13.3%
2014 420.33 million USD -21.1%
2015 211.28 million USD -49.7%
2016 299.73 million USD +41.9%
2017 446.48 million USD +49.0%
2018 595.52 million USD +33.4%
2019 790.86 million USD +32.8%
2020 552.57 million USD -30.1%
2021 621.68 million USD +12.5%
2022 1,447 million USD +132.7%
2023 1,227 million USD -15.2%
2024 682.58 million USD -44.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 779.1 million USD 123.82 million USD 1,446 million USD 7
2010s 529.38 million USD 211.28 million USD 790.86 million USD 10
2020s 906.16 million USD 552.57 million USD 1,447 million USD 5

Countries ranked near Nigeria

  1. 46 Sweden 735.45 million USD compare
  2. 47 Tunisia 708.64 million USD compare
  3. 48 Kenya 690.46 million USD compare
  4. 50 Sri Lanka 627.15 million USD compare
  5. 51 Myanmar 588.79 million USD compare
  6. 52 Azerbaijan 568.03 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 682.58 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 1,447 million USD in 2022.
What is the lowest agriculture, forestry, fishing (central government expenditure) recorded in Nigeria?
The lowest recorded value was 123.82 million USD in 2003.
How does Nigeria rank for agriculture, forestry, fishing (central government expenditure)?
Nigeria ranks 49th 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 62.4%. 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$. 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 31 August 2026, from https://environment.statizoid.com/stat/agriculture-forestry-fishing-central-government-expenditure-value-us/nigeria/

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About this data

Indicator
Agriculture, forestry, fishing (central government expenditure) — Value US$
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.