Value Added (Agriculture, Forestry and Fishing) — Value Standard in Nigeria

Nigeria: Value Added (Agriculture, Forestry and Fishing) — Value Standard was 56.48 million million SLC in 2024. ◆ Volatile

Latest (2024)
56.48 million million SLC
Change on year
up 6.0%
World rank
7th
of 199 countries
All-time high
56.48 million million SLC
in 2024
All-time low
3,967 million SLC
in 1970
Years of data
55
1970–2024

Value Added (Agriculture, Forestry and Fishing) — Value Standard in Nigeria, 1970–2024

020.0M40.0M60.0M197019972024

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

Analysis

The most recent figure for value added (agriculture, forestry and fishing) — value standard in Nigeria is 56.48 million million SLC, measured in 2024. That is the highest value across all 55 years on record.

That represents a change of up 6.0% on the previous year and up 213.4% over ten years.

Over the whole period, value added (agriculture, forestry and fishing) — value standard in Nigeria peaked at 56.48 million million SLC in 2024 and was at its lowest, 3,967 million SLC, in 1970.

Nigeria ranks 7th of 199 countries on this measure, in the top 10%.

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

Value Added (Agriculture, Forestry and Fishing) — Value Standard in Nigeria, year by year

Annual values for Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency in Nigeria, 1970 to 2024.
Year million SLC Change
1970 3,967 million SLC
1971 4,973 million SLC +25.3%
1972 5,222 million SLC +5.0%
1973 5,357 million SLC +2.6%
1974 7,266 million SLC +35.6%
1975 8,878 million SLC +22.2%
1976 10,197 million SLC +14.9%
1977 12,052 million SLC +18.2%
1978 13,527 million SLC +12.2%
1979 15,199 million SLC +12.4%
1980 16,910 million SLC +11.3%
1981 17,052 million SLC +0.8%
1982 20,126 million SLC +18.0%
1983 23,798 million SLC +18.2%
1984 30,365 million SLC +27.6%
1985 34,237 million SLC +12.8%
1986 35,703 million SLC +4.3%
1987 50,287 million SLC +40.8%
1988 73,764 million SLC +46.7%
1989 88,264 million SLC +19.7%
1990 106,627 million SLC +20.8%
1991 123,236 million SLC +15.6%
1992 184,116 million SLC +49.4%
1993 295,325 million SLC +60.4%
1994 445,273 million SLC +50.8%
1995 790,142 million SLC +77.5%
1996 1.07 million million SLC +35.5%
1997 1.21 million million SLC +13.2%
1998 1.34 million million SLC +10.7%
1999 1.43 million million SLC +6.4%
2000 1.51 million million SLC +5.7%
2001 2.02 million million SLC +33.6%
2002 4.25 million million SLC +110.9%
2003 4.59 million million SLC +7.9%
2004 4.94 million million SLC +7.6%
2005 6.03 million million SLC +22.2%
2006 7.51 million million SLC +24.6%
2007 8.55 million million SLC +13.8%
2008 10.10 million million SLC +18.1%
2009 11.63 million million SLC +15.1%
2010 13.05 million million SLC +12.2%
2011 14.04 million million SLC +7.6%
2012 15.82 million million SLC +12.7%
2013 16.82 million million SLC +6.3%
2014 18.02 million million SLC +7.1%
2015 19.64 million million SLC +9.0%
2016 21.52 million million SLC +9.6%
2017 23.95 million million SLC +11.3%
2018 27.37 million million SLC +14.3%
2019 31.90 million million SLC +16.6%
2020 37.24 million million SLC +16.7%
2021 41.13 million million SLC +10.4%
2022 47.94 million million SLC +16.6%
2023 53.27 million million SLC +11.1%
2024 56.48 million million SLC +6.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 8,664 million SLC 3,967 million SLC 15,199 million SLC 10
1980s 39,051 million SLC 16,910 million SLC 88,264 million SLC 10
1990s 699,470 million SLC 106,627 million SLC 1.43 million million SLC 10
2000s 6.11 million million SLC 1.51 million million SLC 11.63 million million SLC 10
2010s 20.21 million million SLC 13.05 million million SLC 31.90 million million SLC 10
2020s 47.21 million million SLC 37.24 million million SLC 56.48 million million SLC 5

Countries ranked near Nigeria

  1. 4 Somalia 153.13 million million SLC compare
  2. 5 Lebanon 105.27 million million SLC compare
  3. 6 Guinea 65.44 million million SLC compare
  4. 7 Türkiye 2.43 million million SLC compare
  5. 8 India 52.44 million million SLC compare
  6. 9 Uganda 50.81 million million SLC compare
  7. 10 Republic of Korea 35.20 million million SLC compare

See the full ranking of 215 places →

More environment data for Nigeria

All data for Nigeria →

Frequently asked questions

What is value added (agriculture, forestry and fishing) — value standard in Nigeria?
Value added (agriculture, forestry and fishing) — value standard in Nigeria was 56.48 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (agriculture, forestry and fishing) — value standard recorded in Nigeria?
The highest recorded value was 56.48 million million SLC in 2024.
What is the lowest value added (agriculture, forestry and fishing) — value standard recorded in Nigeria?
The lowest recorded value was 3,967 million SLC in 1970.
How does Nigeria rank for value added (agriculture, forestry and fishing) — value standard?
Nigeria ranks 7th out of 199 countries with data for 2024.
Is value added (agriculture, forestry and fishing) — value standard rising or falling in Nigeria?
Over the last ten years it is up 213.4%. 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 Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Value Added (Agriculture, Forestry and Fishing) — Value Standard in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 28 August 2026, from https://environment.statizoid.com/stat/value-added-agriculture-forestry-and-fishing-value-standard-local-currency/nigeria/

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About this data

Indicator
Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
215 places, 10,919 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).