Nigeria - Agriculture, value added (current LCU)

The value for Agriculture, value added (current LCU) in Nigeria was 37,241,600,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 37,241,600,000,000 in 2020 and a minimum value of 17,052,180,000 in 1981.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1981 17,052,180,000
1982 20,125,920,000
1983 23,797,820,000
1984 30,365,180,000
1985 34,237,090,000
1986 35,702,640,000
1987 50,286,940,000
1988 73,764,500,000
1989 88,264,120,000
1990 106,627,000,000
1991 123,236,000,000
1992 184,116,000,000
1993 295,325,000,000
1994 445,273,000,000
1995 790,142,000,000
1996 1,070,510,000,000
1997 1,211,460,000,000
1998 1,341,040,000,000
1999 1,426,970,000,000
2000 1,508,410,000,000
2001 2,015,420,000,000
2002 4,251,520,000,000
2003 4,585,930,000,000
2004 4,935,260,000,000
2005 6,032,330,000,000
2006 7,513,300,000,000
2007 8,551,980,000,000
2008 10,100,300,000,000
2009 11,625,400,000,000
2010 13,048,900,000,000
2011 14,037,800,000,000
2012 15,816,000,000,000
2013 16,816,600,000,000
2014 18,018,600,000,000
2015 19,637,000,000,000
2016 21,523,500,000,000
2017 23,952,600,000,000
2018 27,371,300,000,000
2019 31,904,100,000,000
2020 37,241,600,000,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts