Rice — Producer Price Index in Nigeria

Nigeria: Rice — Producer Price Index was 293.29 in 2025. ◆ Volatile

Latest (2025)
293.29
Change on year
up 7.2%
World rank
13th
of 87 countries
All-time high
293.29
in 2025
All-time low
9.12
in 1991
Years of data
35
1991–2025

Rice — Producer Price Index in Nigeria, 1991–2025

01002003001991200820251991: 9.11992: 15.21993: 22.71994: 14.91995: 17.31996: 31.21997: 30.61998: 38.61999: 32.72000: 47.22001: 45.32002: 55.12003: 46.22004: 55.82005: 86.52006: 79.62007: 66.82008: 90.82009: 34.52010: 66.22011: 72.22012: 69.42013: 68.52014: 81.22015: 92.62016: 126.32017: 144.92018: 174.72019: 189.22020: 210.72021: 217.22022: 218.52023: 250.82024: 273.72025: 293.3

Source: Food and Agriculture Organization of the United Nations.

Analysis

In 2025, rice — producer price index in Nigeria stood at 293.29. That is the highest value across all 35 years on record.

The figure is up 7.2% on the previous year and up 216.9% over ten years.

Over the whole period, rice — producer price index in Nigeria peaked at 293.29 in 2025 and was at its lowest, 9.12, in 1991.

Nigeria ranks 13th of 87 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Rice — Producer Price Index in Nigeria, year by year

Annual values for Rice — Producer Price Index (2014-2016 = 100) in Nigeria, 1991 to 2025.
Year Value Change
1991 9.12
1992 15.24 +67.1%
1993 22.71 +49.0%
1994 14.87 -34.5%
1995 17.27 +16.1%
1996 31.24 +80.9%
1997 30.56 -2.2%
1998 38.63 +26.4%
1999 32.68 -15.4%
2000 47.21 +44.5%
2001 45.31 -4.0%
2002 55.07 +21.5%
2003 46.22 -16.1%
2004 55.82 +20.8%
2005 86.51 +55.0%
2006 79.63 -8.0%
2007 66.76 -16.2%
2008 90.84 +36.1%
2009 34.52 -62.0%
2010 66.22 +91.8%
2011 72.17 +9.0%
2012 69.4 -3.8%
2013 68.54 -1.2%
2014 81.15 +18.4%
2015 92.56 +14.1%
2016 126.29 +36.4%
2017 144.86 +14.7%
2018 174.68 +20.6%
2019 189.22 +8.3%
2020 210.71 +11.4%
2021 217.22 +3.1%
2022 218.48 +0.6%
2023 250.84 +14.8%
2024 273.66 +9.1%
2025 293.29 +7.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 23.59 9.12 38.63 9
2000s 60.79 34.52 90.84 10
2010s 108.51 66.22 189.22 10
2020s 244.03 210.71 293.29 6

Countries ranked near Nigeria

  1. 10 Zambia 392.66 compare
  2. 11 Chile 371.59 compare
  3. 12 Sri Lanka 333 compare
  4. 14 Kazakhstan 287.07 compare
  5. 15 Argentina 280.36 compare
  6. 16 Myanmar 258.98 compare

See the full ranking of 96 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is rice — producer price index in Nigeria?
Rice — producer price index in Nigeria was 293.29 in 2025, according to Food and Agriculture Organization of the United Nations.
What is the highest rice — producer price index recorded in Nigeria?
The highest recorded value was 293.29 in 2025.
What is the lowest rice — producer price index recorded in Nigeria?
The lowest recorded value was 9.12 in 1991.
How does Nigeria rank for rice — producer price index?
Nigeria ranks 13th out of 87 countries with data for 2025.
Is rice — producer price index rising or falling in Nigeria?
Over the last ten years it is up 216.9%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Rice — Producer Price Index (2014-2016 = 100). Statizoid updates them automatically from the source API.

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Rice — Producer Price Index in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 02 September 2026, from https://economy.statizoid.com/stat/rice-producer-price-index-2014-2016-100/nigeria/

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About this data

Indicator
Rice — Producer Price Index (2014-2016 = 100)
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
96 places, 3,136 data points, 1991–2025
Last refreshed

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.