Food expenditure vs gdp in Nigeria
Nigeria: Food expenditure vs gdp was 566.21 in 2023. βΌ Falling
Latest (2023)
566.21
Change on year
down 31.4%
World rank
95th
of 104 countries
All-time high
1,017
in 2018
All-time low
566.21
in 2023
Years of data
7
2017β2023
Food expenditure vs gdp in Nigeria, 2017β2023
Source: Our World in Data.
Analysis
In 2023, food expenditure vs gdp in Nigeria stood at 566.21. That is the lowest value across all 7 years on record.
That represents a change of down 31.4% on the previous year and down 38.5% over ten years.
That places Nigeria 95th out of 104 countries with data for 2023, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 929.12 | 850.27 | 1,017 | 3 |
| 2020s | 739.78 | 566.21 | 825.9 | 4 |
Countries ranked near Nigeria
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)
- 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)
- Domestic currency per US dollar (End-of-period (EoP)) 1,436 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0007 (2025)
- Gdp worldbank constant usd, annual growth rate 4.01 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 1.93 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 2,369 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is food expenditure vs gdp in Nigeria?
- Food expenditure vs gdp in Nigeria was 566.21 in 2023, according to Our World in Data.
- What is the highest food expenditure vs gdp recorded in Nigeria?
- The highest recorded value was 1,017 in 2018.
- What is the lowest food expenditure vs gdp recorded in Nigeria?
- The lowest recorded value was 566.21 in 2023.
- How does Nigeria rank for food expenditure vs gdp?
- Nigeria ranks 95th out of 104 countries with data for 2023.
- Is food expenditure vs gdp rising or falling in Nigeria?
- Over the last ten years it is down 38.5%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from Our World in Data, published as part of Food expenditure vs gdp. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 7 observations, free to reuse under CC BY 4.0 (Our World in Data).