Credit to Agriculture, Forestry and Fishing — Value US$, 2015 prices in Nigeria
Nigeria: Credit to Agriculture, Forestry and Fishing — Value US$, 2015 prices was 5,372 million USD in 2023. ◆ Volatile
Credit to Agriculture, Forestry and Fishing — Value US$, 2015 prices in Nigeria, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for credit to agriculture, forestry and fishing — value us$, 2015 prices in Nigeria is 5,372 million USD, measured in 2023. That is the highest value across all 33 years on record.
That represents a change of up 12.6% on the previous year and up 179.5% over ten years.
Over the whole period, credit to agriculture, forestry and fishing — value us$, 2015 prices in Nigeria peaked at 5,372 million USD in 2023 and was at its lowest, 479.21 million USD, in 2006.
Nigeria ranks 23rd of 119 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Credit to Agriculture, Forestry and Fishing — Value US$, 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% |
| 2022 | 4,771 million USD | +9.6% |
| 2023 | 5,372 million USD | +12.6% |
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 | 4,487 million USD | 3,452 million USD | 5,372 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)
- Sawlogs and veneer logs — Production, annual growth rate 0 % change on previous year (2024)
- Sawlogs and veneer logs, non-coniferous — Production, annual growth 0 % change on previous year (2024)
- Other industrial roundwood — Production, annual growth rate 0 % change on previous year (2024)
- Other industrial roundwood, non-coniferous (production) — Production 0 % change on previous year (2024)
- Wood charcoal — Production, annual growth rate 1.64 % change on previous year (2024)
Frequently asked questions
- What is credit to agriculture, forestry and fishing — value us$, 2015 prices in Nigeria?
- Credit to agriculture, forestry and fishing — value us$, 2015 prices in Nigeria was 5,372 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest credit to agriculture, forestry and fishing — value us$, 2015 prices recorded in Nigeria?
- The highest recorded value was 5,372 million USD in 2023.
- What is the lowest credit to agriculture, forestry and fishing — value us$, 2015 prices recorded in Nigeria?
- The lowest recorded value was 479.21 million USD in 2006.
- How does Nigeria rank for credit to agriculture, forestry and fishing — value us$, 2015 prices?
- Nigeria ranks 23rd out of 119 countries with data for 2023.
- Is credit to agriculture, forestry and fishing — value us$, 2015 prices rising or falling in Nigeria?
- Over the last ten years it is up 179.5%. 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 Credit to Agriculture, Forestry and Fishing — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 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.