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GDP from Agriculture in Nigeria increased to 13398110.99 NGN Million in the second quarter of 2025 from 11510032.89 NGN Million in the first quarter of 2025. This dataset provides the latest reported value for - Nigeria Gdp From Agriculture - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Nigeria: Value added in the agricultural sector as percent of GDP: The latest value from 2024 is 20.35 percent, a decline from 22.72 percent in 2023. In comparison, the world average is 9.68 percent, based on data from 151 countries. Historically, the average for Nigeria from 1981 to 2024 is 22.84 percent. The minimum value, 12.24 percent, was reached in 1981 while the maximum of 36.97 percent was recorded in 2002.
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Actual value and historical data chart for Nigeria Agriculture Value Added Percent Of GDP
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TwitterIndustry is the main economic sector in Nigeria. According to a forecast, the contribution of the industry sector to GDP in the country will grow by *** percent in 2025 compared to a *** percent growth in the previous year. On the other hand, the GDP contribution of agriculture is expected to grow by *** percent in 2025.
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TwitterNigeria's agricultural sector experienced a growth of 1.76 percent in the fourth quarter of 2024, compared to the previous quarter. However, in relation to the fourth quarter of the previous years under study, this represented a decline. Nonetheless, the overall growth rate reflects the ongoing importance of agriculture to Nigeria's economy, despite challenges facing the sector. Agriculture remains one of the crucial sources of employment and livelihood for many Nigerians. Employment trends in agriculture While agriculture continues to play a considerable role in Nigeria's economy, its share of total employment has been generally fluctuating recently. In 2023, the agricultural sector accounted for approximately 34 percent of the total employment. While this maintained the above 30 percent share observed since 2000, it represented a further decline. By extension, this trend suggests a slow but steady shift in the labor market, especially over the last three decades, with more workers moving into the services sector which now accounts for around 47.8 percent of total employment. The workforce transition from agriculture to services can be attributed mainly to rural-urban migration, technological advancement, and a rising informal sector. Land use and crop production Nigeria's agricultural landscape is characterized by extensive land use, with approximately 36.9 million hectares of arable land and 7.7 million hectares under permanent crops as of 2022. Crop production, a key component of the agricultural sector, saw growth of 1.2 percent in the third quarter of 2024. Roots and tubers are the main agricultural products grown in the country, besides cereals and oil crops. Overall, the sector is important to Nigeria’s economic diversification.
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TwitterIn the second quarter of 2023, the agricultural sector generated about ** percent of Nigeria's gross domestic product. The largest contribution was from crop production, which covered nearly ** percent of the GDP. Agriculture accounted for a significant portion of Nigeria's GDP as a key activity for the country's economy after oil. Nevertheless, agricultural activities provide a livelihood for many Nigerians, whereas the wealth generated by oil reaches a restricted share of people.
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TwitterNigeria's agricultural sector contributes to a significant part of the country's GDP. Between July and September 2021, the agriculture contributed to almost 30 percent of the total GDP, an increase by about six percentage point compared to the previous quarter.
Agriculture is a key activity for Nigeria's economy after oil. Nevertheless, agricultural activities provide livelihood for many Nigerians, whereas the wealth generated by oil reach a restricted share of people.
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Nigeria GDP: Basic Prices: Agriculture data was reported at 17,256,233.420 NGN mn in Dec 2024. This records a decrease from the previous number of 17,791,715.460 NGN mn for Sep 2024. Nigeria GDP: Basic Prices: Agriculture data is updated quarterly, averaging 6,018,334.931 NGN mn from Mar 2010 (Median) to Dec 2024, with 60 observations. The data reached an all-time high of 17,791,715.460 NGN mn in Sep 2024 and a record low of 2,594,759.864 NGN mn in Mar 2010. Nigeria GDP: Basic Prices: Agriculture data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s Nigeria – Table NG.A005: SNA 2008: GDP: by Industry: Current Price.
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TwitterIn 2023, agriculture contributed around 22.72 percent to Nigeria’s GDP, 32.58 percent came from industry, and 42.77 percent from the services sector. Economic sectors The most common breakdown of economic activity in a country is looking at three economic sectors: The primary sector, which involves agriculture, forestry, and fishing, the secondary sector, industry, that includes manufacturing, processing, or transforming goods, and finally, the tertiary sector, services, i.e. providing information or services to consumers, such as in IT, tourism, or banking. A country’s contribution to GDP, and thus its own economy, is easily visible when looking at the performance of these three sectors. Soaring services in NigeriaLike in most thriving economies nowadays, the services sector is gaining momentum in Nigeria, because more and more people are moving from the countryside to the cities to find jobs. Nigeria is a mixed economy which focuses mainly on telecommunications, financial services, and technology, a strategy that is likely to pay off in the future and will see its GDP soaring. Nigeria’s reliance on oil is also an important contributor to its economic success; between 2001 and 2010, it was one of the countries with the highest GDP growth worldwide. However, oil prices are also responsible for a GDP growth slump in 2016 and for the first trade deficit in over a decade.
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TwitterAs of 2023, Niger registered the agricultural sector's highest contribution to the GDP in Africa, at over ** percent. Comoros and Ethiopia followed, with agriculture, forestry, and fishing accounting for approximately ** percent and ** percent of the GDP, respectively. On the other hand, Botswana, Djibouti, Libya, Zambia, and South Africa were the African countries with the lowest percentage of the GDP generated by the agricultural sector. Agriculture remains a pillar of Africa’s economy Despite the significant variations across countries, agriculture is a key sector in Africa. In 2022, it represented around ** percent of Sub-Saharan Africa’s GDP, growing by over *** percentage points compared to 2011. The agricultural industry also strongly contributes to the continent’s job market. The number of people employed in the primary sector in Africa grew from around *** million in 2011 to *** million in 2021. In proportion, agriculture employed approximately ** percent of Africa’s working population in 2021. Agricultural activities attracted a large share of the labor force in Central, East, and West Africa, which registered percentages over the regional average. On the other hand, North Africa recorded the lowest share of employment in agriculture, as the regional economy relies significantly on the industrial and service sectors. Cereals are among the most produced crops Sudan and South Africa are the African countries with the largest agricultural areas. Respectively, they devote around *** million and **** million hectares of land to growing crops. Agricultural production varies significantly across African countries in terms of products and volume. Cereals such as rice, corn, and wheat are among the main crops on the continent, also representing a staple in most countries. The leading cereal producers are Ethiopia, Nigeria, Egypt, and South Africa. Together, they recorded a cereal output of almost *** million metric tons in 2021. Additionally, rice production was concentrated in Nigeria, Egypt, Madagascar, and Tanzania.
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The Gross Domestic Product (GDP) in Nigeria expanded 3.98 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - Nigeria GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Nigéria: Value added in the agricultural sector as percent of GDP: Pour cet indicateur, La Banque mondiale fournit des données pour la Nigéria de 1981 à 2024. La valeur moyenne pour Nigéria pendant cette période était de 22.84 pour cent avec un minimum de 12.24 pour cent en 1981 et un maximum de 36.97 pour cent en 2002.
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TwitterIn the second quarter of 2023, the contribution of livestock production to Nigeria's GDP experienced an increase of 2.3 percent compared to the same period of the previous year. Agriculture contributes to a significant part of the country's GDP. It is a key activity for Nigeria's economy after oil. Nevertheless, agricultural activities provide a livelihood for many Nigerians, whereas the wealth generated by oil reaches a restricted share of people.
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TwitterCrop production in Nigeria has shown varied growth patterns in recent years. Between the first quarter of 2019 and the second quarter of 2023, the sector’s growth rate fluctuated significantly, reflecting the challenges and opportunities inherent in the country’s agricultural landscape. The quarter-on-quarter changes further depict the sector’s vulnerability to climatic variability, logistics, and policy directions. While some quarters witnessed positive growth, others experienced contractions at constant 2010 prices. These dynamics highlight the persistent need for strategic investment to stabilize and accelerate agricultural output. Land and labor Nigeria’s agricultural potential is anchored in its vast land resources. As of 2023, the country boasted around 69.4 million hectares of agricultural land, with approximately 36.9 million hectares classified as arable. This substantial land base is a key driver for major crops such as maize, cassava, and yam, securing rural livelihoods and contributing to food security. Despite rapid urban growth, agriculture remains a major employer in Nigeria. In 2023, the sector accounted for about 34.3 percent of all jobs nationwide, emphasizing its socio-economic relevance to the country. Export potential Agricultural exports, while notable, reveal untapped opportunities. In 2023, Nigeria exported agricultural products valued at 2.43 billion U.S. dollars, making up a modest portion of total national exports. This performance signals room for greater value addition and diversification, as well as the importance of policies that can transform raw production into higher foreign exchange earnings for the country.
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TwitterIn the second quarter of 2023, the agricultural sector generated about ** percent of Nigeria's GDP. Other key activities for the country's economy were manufacturing, trade, mining and quarrying, and telecommunication. Moreover, around ***** percent of Nigeria's GDP was covered by the mining and quarrying sector. In particular, the largest contribution was from crude oil and natural gas. Nigeria is one of the key oil-producing countries and largest exporters in the world. Indeed, the country has one of the main oil reserves in the world.
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TwitterIn 2024, Niger's real GDP is estimated to grow by 10.4 percent compared to the previous year. During 2023, the GDP is estimated to have increased by only 1.4 percent, nevertheless a positive trend. The country's real GDP is forecast to continue growing but at a slower pace. Between 2025 and 2029, it is expected to grow annually by roughly six percent. Furthermore, the GDPs of Senegal, Libya, and Rwanda might increase by around 8.3 percent, 7.8 percent, and 6.9 percent during 2024, respectively. Niger: A dependence on agriculture A large portion of Niger's economy comes from agriculture. In 2022, agriculture accounted for almost 40 percent of the GDP. Niger is not the only country in Africa where agriculture plays a crucial role. For example, agriculture made up nearly 60 percent of Sierra Leone’s GDP in 2022. Such dependence could mean that any disruptions in the agricultural products market could have significant effects on the country's GDP. Sub-Saharan Africa's economy will be among the fastest-growing regions worldwide Three African countries have significantly larger economies, namely, Nigeria, South Africa, and Egypt. As of 2022, these countries' GDP stood at nearly 477.4 billion, 475.2 billion, and 405.7 billion U.S. dollars. Furthermore, it is anticipated that Sub-Saharan Africa's GDP growth in 2026 will rank as the second-fastest growing economic region in the world after the ASEAN-5 countries, with a growth rate of approximately four percent. In contrast, economic areas such as the European Union are forecast to grow at only about 1.5 percent in the same year.
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TwitterIn 2023, the employment in the agricultural sector as share of total employment in Nigeria stood at 34.31 percent. Between 1991 and 2023, the figure dropped by 18.09 percentage points, though the decline followed an uneven course rather than a steady trajectory.
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国内生产总值:基本价格:农业在12-01-2024达17,256,233.420百万尼日利亚奈拉,相较于09-01-2024的17,791,715.460百万尼日利亚奈拉有所下降。国内生产总值:基本价格:农业数据按季更新,03-01-2010至12-01-2024期间平均值为6,018,334.931百万尼日利亚奈拉,共60份观测结果。该数据的历史最高值出现于09-01-2024,达17,791,715.460百万尼日利亚奈拉,而历史最低值则出现于03-01-2010,为2,594,759.864百万尼日利亚奈拉。CEIC提供的国内生产总值:基本价格:农业数据处于定期更新的状态,数据来源于National Bureau of Statistics,数据归类于全球数据库的尼日利亚 – Table NG.A005: SNA 2008: GDP: by Industry: Current Price。
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TwitterAs of 2024, livestock in Ghana contributed around 5.4 billion Ghanaian cedis (GHS), roughly 348.4 million U.S. dollars, to the country's GDP. This represented nearly 13 percent of the contribution of agriculture to GDP in the country. In 2023, the added value of the livestock industry to GDP amounted to approximately 5.2 billion GHS (335.6 million U.S. dollars), following an upward trend observed since 2013. Chickens in Ghana are in the livestock lead Rural populations in Ghana are usually more engaged in farming and animal husbandry in comparison to their urban counterparts. In recent years, the country’s livestock production index has exceeded 100 points, showing an increased growth in livestock breeding. At the national level, chickens, goats, and sheep form the major species reared. As of 2022, the population of each animal amounted to over 88.6 million, 8.6 million, and 5.8 million, respectively. In fact, live chickens in Ghana considerably increased from around 47.8 million heads in 2010 to nearly 89 million heads in 2022. The situation in Africa is similar Likewise in Ghana, chickens, goats, and sheep are the main livestock reared in Africa. In 2022, the count of chicken heads reached over 2.4 billion on the continent. That of goats and sheep amounted to around 506 million and 419 million, respectively. Moreover, the majority of live chickens were found in Egypt. On the other hand, the largest goat and sheep population was found in Nigeria.
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GDP from Agriculture in Nigeria increased to 13398110.99 NGN Million in the second quarter of 2025 from 11510032.89 NGN Million in the first quarter of 2025. This dataset provides the latest reported value for - Nigeria Gdp From Agriculture - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.