Credit to Agriculture and Forestry — Value US$, 2015 prices in Nigeria
Nigeria: Credit to Agriculture and Forestry — Value US$, 2015 prices was 4,353 million USD in 2021. ◆ Volatile
Credit to Agriculture and Forestry — Value US$, 2015 prices in Nigeria, 1991–2021
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Nigeria recorded 4,353 million USD for credit to agriculture and forestry — value us$, 2015 prices in 2021. That is the highest value across all 31 years on record.
The figure is up 26.1% on the previous year and up 163.7% over ten years.
Over the whole period, credit to agriculture and forestry — value us$, 2015 prices in Nigeria peaked at 4,353 million USD in 2021 and was at its lowest, 479.21 million USD, in 2006.
Nigeria ranks 5th of 25 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Credit to Agriculture and Forestry — Value US$, 2015 prices in Nigeria, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 1,321 million USD | — |
| 1992 | 1,260 million USD | -4.6% |
| 1993 | 1,373 million USD | +8.9% |
| 1994 | 1,579 million USD | +15.0% |
| 1995 | 1,279 million USD | -19.0% |
| 1996 | 1,331 million USD | +4.1% |
| 1997 | 1,062 million USD | -20.2% |
| 1998 | 976.39 million USD | -8.0% |
| 1999 | 981.03 million USD | +0.5% |
| 2000 | 1,058 million USD | +7.8% |
| 2001 | 1,308 million USD | +23.6% |
| 2002 | 1,157 million USD | -11.5% |
| 2003 | 1,094 million USD | -5.4% |
| 2004 | 974.99 million USD | -10.9% |
| 2005 | 583.95 million USD | -40.1% |
| 2006 | 479.21 million USD | -17.9% |
| 2007 | 1,355 million USD | +182.7% |
| 2008 | 892.59 million USD | -34.1% |
| 2009 | 1,131 million USD | +26.7% |
| 2010 | 905.98 million USD | -19.9% |
| 2011 | 1,651 million USD | +82.2% |
| 2012 | 1,871 million USD | +13.4% |
| 2013 | 1,922 million USD | +2.7% |
| 2014 | 2,557 million USD | +33.0% |
| 2015 | 2,335 million USD | -8.7% |
| 2016 | 2,522 million USD | +8.0% |
| 2017 | 2,280 million USD | -9.6% |
| 2018 | 2,389 million USD | +4.8% |
| 2019 | 2,739 million USD | +14.7% |
| 2020 | 3,452 million USD | +26.0% |
| 2021 | 4,353 million USD | +26.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,240 million USD | 976.39 million USD | 1,579 million USD | 9 |
| 2000s | 1,003 million USD | 479.21 million USD | 1,355 million USD | 10 |
| 2010s | 2,117 million USD | 905.98 million USD | 2,739 million USD | 10 |
| 2020s | 3,902 million USD | 3,452 million USD | 4,353 million USD | 2 |
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)
- Other paper and paperboard — Import quantity, annual growth rate -32.33 % change on previous year (2024)
- Other paper and paperboard — Import quantity, per capita 0.0002 t per person (2024)
- Other paper and paperboard — Import value, annual growth rate -49.93 % change on previous year (2024)
- Other paper and paperboard — Import value, per capita 0.0003 1000 USD per person (2024)
- Other paper and paperboard, not elsewhere specified — Import 24.43 % change on previous year (2024)
Frequently asked questions
- What is credit to agriculture and forestry — value us$, 2015 prices in Nigeria?
- Credit to agriculture and forestry — value us$, 2015 prices in Nigeria was 4,353 million USD in 2021, according to Food and Agriculture Organization of the United Nations.
- What is the highest credit to agriculture and forestry — value us$, 2015 prices recorded in Nigeria?
- The highest recorded value was 4,353 million USD in 2021.
- What is the lowest credit to agriculture and forestry — value us$, 2015 prices recorded in Nigeria?
- The lowest recorded value was 479.21 million USD in 2006.
- How does Nigeria rank for credit to agriculture and forestry — value us$, 2015 prices?
- Nigeria ranks 5th out of 25 countries with data for 2021.
- Is credit to agriculture and forestry — value us$, 2015 prices rising or falling in Nigeria?
- Over the last ten years it is up 163.7%. 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 Credit to Agriculture and Forestry — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.