Meat of sheep, fresh or chilled (biological) — Producer Price in Nigeria
Nigeria: Meat of sheep, fresh or chilled (biological) — Producer Price was 703.3 USD in 1998. ▼ Falling
Meat of sheep, fresh or chilled (biological) — Producer Price in Nigeria, 1991–1998
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Nigeria recorded 703.3 USD for meat of sheep, fresh or chilled (biological) — producer price in 1998.
That represents a change of up 2.2% on the previous year and down 42.9% over ten years.
That places Nigeria 95th out of 97 countries with data for 1998, putting it in the bottom quarter.
Meat of sheep, fresh or chilled (biological) — Producer Price in Nigeria, year by year
| Year | USD | Change |
|---|---|---|
| 1991 | 1,231 USD | — |
| 1992 | 965.4 USD | -21.6% |
| 1993 | 1,353 USD | +40.2% |
| 1994 | 729 USD | -46.1% |
| 1995 | 709.6 USD | -2.7% |
| 1996 | 608.6 USD | -14.2% |
| 1997 | 688 USD | +13.0% |
| 1998 | 703.3 USD | +2.2% |
Nigeria compared with similar countries
- Nigeria's 703.3 USD is below the median for lower middle income countries, which is 2,819 USD, 25% of the median. (16 countries reporting)
- Nigeria's 703.3 USD is below the median for Sub-Saharan Africa, which is 2,149 USD, 33% of the median. (21 countries reporting)
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)
- 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 703.3 USD 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 1,353 USD in 1993.
- What is the lowest meat of sheep, fresh or chilled (biological) — producer price recorded in Nigeria?
- The lowest recorded value was 608.6 USD in 1996.
- How does Nigeria rank for meat of sheep, fresh or chilled (biological) — producer price?
- Nigeria ranks 95th out of 97 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 down 42.9%. The long-run trend across the full record is falling.
- 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 (USD/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.