Nigeria: Agriculture value added

* indicates monthly or quarterly data series

Agriculture value added, billion USD

 Latest value 82.45
 Year 2023
 Measure billion U.S. dollars
 Data availability 1981 - 2023
 Average 52.31
 Min - Max 9.36 - 114.78
 Source The World Bank
For that indicator, we provide data for Nigeria from 1981 to 2023. The average value for Nigeria during that period was 52.31 billion U.S. dollars with a minimum of 9.36 billion U.S. dollars in 1989 and a maximum of 114.78 billion U.S. dollars in 2014. The latest value from 2023 is 82.45 billion U.S. dollars. For comparison, the world average in 2023 based on 152 countries is 25.33 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Nigeria - Agriculture value added - Recent values chart

Historical chart
Nigeria - Agriculture value added - historical chart - 1981-2023

Definition: Agriculture corresponds to International Standard Industrial Classification (ISIC) divisions 1-5, while the origin of value added is determined by the ISIC, revision 3. Agriculture value added is the net output of the agriculture sector, including forestry, hunting and fishing, and cultivation of crops and livestock production, after adding up all outputs and subtracting intermediate inputs. Deductions for depreciation of fabricated assets and depletion and degradation of natural resources are not included in the calculation. Values are in billion U.S. dollars.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

Are trade deficits bad for the economy?

The unholy trinity of international finance

Most commonly used measures of corruption

All articles

 Related indicators Latest value Reference Measure
 Forest area, percent 23.6 2021 percent
 Percent agricultural land 75.37 2021 percent
 Employment in agriculture 37.99 2022 percent
 GDP share of agriculture 23.69 2022 percent
 Agriculture value added 82.45 2023 billion U.S. dollars
 Agricultural land 686,440 2021 sq. km.
 Crop production index 120.9 2022 index points
 Precipitation 1,150 2020 mm per year
 Arable land, percent of land area 40.5 2021 percent
 Cereal crop yield by hectar 1,656 2022 kg per hectar
 Food production index 119.8 2022 index points
 Fertilizer use 18.6 2021 kg per hectare of arable land
 Livestock production index 112.9 2022 index points
 Forest area, 214,636.5 2021 sq. km
This site uses cookies.
Learn more here