Meat of sheep, fresh or chilled (biological) — Producer Price in Nigeria
Nigeria: Meat of sheep, fresh or chilled (biological) — Producer Price was 58,060 LCU in 1998. ▲ Rising
Meat of sheep, fresh or chilled (biological) — Producer Price in Nigeria, 1991–1998
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
Nigeria recorded 58,060 LCU for meat of sheep, fresh or chilled (biological) — producer price in 1998. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 7.2% on the previous year and up 375.9% over ten years.
That places Nigeria 47th out of 102 countries with data for 1998, putting it in the middle of the range.
Meat of sheep, fresh or chilled (biological) — Producer Price in Nigeria, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 12,200 LCU | — |
| 1992 | 16,700 LCU | +36.9% |
| 1993 | 29,860 LCU | +78.8% |
| 1994 | 26,050 LCU | -12.8% |
| 1995 | 43,560 LCU | +67.2% |
| 1996 | 46,410 LCU | +6.5% |
| 1997 | 54,180 LCU | +16.7% |
| 1998 | 58,060 LCU | +7.2% |
Nigeria compared with similar countries
- Nigeria's 58,060 LCU is below the median for lower middle income countries, which is 75,000 LCU, 77% of the median. (17 countries reporting)
- Nigeria's 58,060 LCU is below the median for Sub-Saharan Africa, which is 662,556 LCU, 9% of the median. (21 countries reporting)
Countries ranked near Nigeria
- 44 Bangladesh 65,000 LCU compare
- 45 Saudi Arabia 64,200 LCU
- 46 South Africa 58,356 LCU compare
- 48 Czechia 50,000 LCU compare
- 49 Mexico 46,367 LCU compare
- 50 Trinidad and Tobago 42,243 LCU 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is meat of sheep, fresh or chilled (biological) — producer price in Nigeria?
- Meat of sheep, fresh or chilled (biological) — producer price in Nigeria was 58,060 LCU in 1998, according to Food and Agriculture Organization of the United Nations.
- What is the highest meat of sheep, fresh or chilled (biological) — producer price recorded in Nigeria?
- The highest recorded value was 58,060 LCU in 1998.
- What is the lowest meat of sheep, fresh or chilled (biological) — producer price recorded in Nigeria?
- The lowest recorded value was 12,200 LCU in 1991.
- How does Nigeria rank for meat of sheep, fresh or chilled (biological) — producer price?
- Nigeria ranks 47th out of 102 countries with data for 1998.
- Is meat of sheep, fresh or chilled (biological) — producer price rising or falling in Nigeria?
- Over the last ten years it is up 375.9%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Meat of sheep, fresh or chilled (biological) — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
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About this data
This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.