Food expenditure share gdp in Nigeria
Nigeria: Food expenditure share gdp was 59.35 in 2023. ▬ Flat
Latest (2023)
59.35
Change on year
up 0.6%
World rank
1st
of 104 countries
All-time high
59.35
in 2023
All-time low
58.99
in 2017
Years of data
7
2017–2023
Food expenditure share gdp in Nigeria, 2017–2023
Source: Our World in Data.
Analysis
Nigeria recorded 59.35 for food expenditure share gdp in 2023. That is the highest value across all 7 years on record.
Compared with earlier readings it is up 0.6% on the previous year and up 0.6% over ten years.
Nigeria ranks 1st of 104 countries on this measure, in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 59.01 | 58.99 | 59.02 | 3 |
| 2020s | 59.12 | 59 | 59.35 | 4 |
Countries ranked near Nigeria
- 2 Myanmar 53.94 compare
- 3 Bangladesh 52.77 compare
- 4 Venezuela, Bolivarian Republic of 51.95 compare
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- Taxes less subsidies on products (current US$), annual growth rate 22.87 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0235 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 28.71 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 26.23 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 35.61 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 43,596 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0005 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1,966 (2025)
Frequently asked questions
- What is food expenditure share gdp in Nigeria?
- Food expenditure share gdp in Nigeria was 59.35 in 2023, according to Our World in Data.
- What is the highest food expenditure share gdp recorded in Nigeria?
- The highest recorded value was 59.35 in 2023.
- What is the lowest food expenditure share gdp recorded in Nigeria?
- The lowest recorded value was 58.99 in 2017.
- How does Nigeria rank for food expenditure share gdp?
- Nigeria ranks 1st out of 104 countries with data for 2023.
- Is food expenditure share gdp rising or falling in Nigeria?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is flat.
- Where does this Nigeria data come from?
- The figures come from Our World in Data, published as part of Food expenditure share gdp. Statizoid updates them automatically from the source API.
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