(In USD Current Price)
Year -
$1.33 billion(-29.63%)
In 2023, Nigeria's Oilcrops production gross value reached approximately 1.33 billion USD, a net decrease of -559.06 million USD (-29.63%) from the previous year. In 2022, the gross value was 1.89 billion USD, with a notable net change of 192.26 million USD (11.35) from the prior year.
Explore the price trend of Nigeria Gross Value of Oilcrops over the last 33 Years.
$5.04 billion
$2.65 billion
$1.33 billion
| Year | US$ Abbv. | US$ | Net Change US$ | Growth% |
|---|---|---|---|---|
| 1991 | 2.15 billion | 2,146,875,000 | 0 | 0.00% |
| 1992 | 1.52 billion | 1,517,167,000 | -629,708,000 | -29.33 |
| 1993 | 2.80 billion | 2,799,416,000 | 1,282,249,000 | 84.52 |
| 1994 | 1.98 billion | 1,980,433,000 | -818,983,000 | -29.26 |
| 1995 | 2.18 billion | 2,176,525,000 | 196,092,000 | 9.90 |
| 1996 | 2.20 billion | 2,203,917,000 | 27,392,000 | 1.26 |
| 1997 | 1.94 billion | 1,937,207,000 | -266,710,000 | -12.10 |
| 1998 | 2.30 billion | 2,303,723,000 | 366,516,000 | 18.92 |
| 1999 | 2.55 billion | 2,550,285,000 | 246,562,000 | 10.70 |
| 2000 | 2.37 billion | 2,368,680,000 | -181,605,000 | -7.12 |
| 2001 | 2.72 billion | 2,716,176,000 | 347,496,000 | 14.67 |
| 2002 | 3.14 billion | 3,137,779,000 | 421,603,000 | 15.52 |
| 2003 | 3.01 billion | 3,006,439,000 | -131,340,000 | -4.19 |
| 2004 | 3.60 billion | 3,600,230,000 | 593,791,000 | 19.75 |
| 2005 | 3.95 billion | 3,949,515,000 | 349,285,000 | 9.70 |
| 2006 | 5.04 billion | 5,042,594,000 | 1,093,079,000 | 27.68 |
| 2007 | 4.22 billion | 4,218,152,000 | -824,442,000 | -16.35 |
| 2008 | 4.99 billion | 4,989,892,000 | 771,740,000 | 18.30 |
| 2009 | 1.48 billion | 1,478,437,000 | -3,511,455,000 | -70.37 |
| 2010 | 3.26 billion | 3,259,048,000 | 1,780,611,000 | 120.44 |
| 2011 | 3.25 billion | 3,249,988,000 | -9,060,000 | -0.28 |
| 2012 | 3.47 billion | 3,472,556,000 | 222,568,000 | 6.85 |
| 2013 | 2.98 billion | 2,976,282,000 | -496,274,000 | -14.29 |
| 2014 | 3.39 billion | 3,387,741,000 | 411,459,000 | 13.82 |
| 2015 | 2.52 billion | 2,517,359,000 | -870,382,000 | -25.69 |
| 2016 | 2.13 billion | 2,129,757,000 | -387,602,000 | -15.40 |
| 2017 | 1.81 billion | 1,805,746,000 | -324,011,000 | -15.21 |
| 2018 | 1.89 billion | 1,894,364,000 | 88,618,000 | 4.91 |
| 2019 | 1.99 billion | 1,991,165,000 | 96,801,000 | 5.11 |
| 2020 | 1.87 billion | 1,869,980,000 | -121,185,000 | -6.09 |
| 2021 | 1.69 billion | 1,694,338,000 | -175,642,000 | -9.39 |
| 2022 | 1.89 billion | 1,886,593,000 | 192,255,000 | 11.35 |
| 2023 | 1.33 billion | 1,327,533,000 | -559,060,000 | -29.63 |