Vegetable oil vs gdp in Nigeria
Nigeria: Vegetable oil vs gdp was 13.41 in 2023. ▲ Rising
Latest (2023)
13.41
Change on year
down 2.8%
World rank
74th
of 192 countries
All-time high
14.46
in 2005
All-time low
8.68
in 1984
Years of data
63
1961–2023
Vegetable oil vs gdp in Nigeria, 1961–2023
Source: Our World in Data.
Analysis
The most recent figure for vegetable oil vs gdp in Nigeria is 13.41, measured in 2023.
That represents a change of down 2.8% on the previous year and down 0.7% over ten years.
Over the whole period, vegetable oil vs gdp in Nigeria peaked at 14.46 in 2005 and was at its lowest, 8.68, in 1984.
That places Nigeria 74th out of 192 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 63 years of available data.
Vegetable oil vs gdp in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | 12.24 | — |
| 1962 | 13.66 | +11.6% |
| 1963 | 12.99 | -4.9% |
| 1964 | 12.55 | -3.4% |
| 1965 | 13.1 | +4.4% |
| 1966 | 11.07 | -15.5% |
| 1967 | 11.94 | +7.8% |
| 1968 | 11.8 | -1.2% |
| 1969 | 13.08 | +10.9% |
| 1970 | 11.35 | -13.3% |
| 1971 | 11.26 | -0.8% |
| 1972 | 10.01 | -11.1% |
| 1973 | 9.36 | -6.5% |
| 1974 | 11.57 | +23.6% |
| 1975 | 9.42 | -18.6% |
| 1976 | 10.09 | +7.0% |
| 1977 | 11.88 | +17.8% |
| 1978 | 11.92 | +0.3% |
| 1979 | 11.25 | -5.6% |
| 1980 | 11.29 | +0.4% |
| 1981 | 10.9 | -3.4% |
| 1982 | 11.25 | +3.2% |
| 1983 | 9.93 | -11.7% |
| 1984 | 8.68 | -12.6% |
| 1985 | 9.72 | +12.0% |
| 1986 | 12.02 | +23.6% |
| 1987 | 9.94 | -17.4% |
| 1988 | 10.77 | +8.4% |
| 1989 | 11.22 | +4.1% |
| 1990 | 12.43 | +10.8% |
| 1991 | 12.76 | +2.6% |
| 1992 | 13.21 | +3.5% |
| 1993 | 14.21 | +7.6% |
| 1994 | 13.69 | -3.7% |
| 1995 | 12.81 | -6.4% |
| 1996 | 12.9 | +0.7% |
| 1997 | 12.99 | +0.7% |
| 1998 | 13.1 | +0.8% |
| 1999 | 13.2 | +0.8% |
| 2000 | 12.57 | -4.7% |
| 2001 | 13.54 | +7.7% |
| 2002 | 13.64 | +0.8% |
| 2003 | 13.86 | +1.6% |
| 2004 | 13.96 | +0.7% |
| 2005 | 14.46 | +3.6% |
| 2006 | 14.45 | -0.1% |
| 2007 | 13.86 | -4.1% |
| 2008 | 13.65 | -1.5% |
| 2009 | 11.05 | -19.1% |
| 2010 | 13 | +17.7% |
| 2011 | 12.97 | -0.2% |
| 2012 | 13.5 | +4.1% |
| 2013 | 13.51 | +0.1% |
| 2014 | 13.61 | +0.7% |
| 2015 | 13.71 | +0.7% |
| 2016 | 12.69 | -7.4% |
| 2017 | 13.27 | +4.6% |
| 2018 | 12.7 | -4.3% |
| 2019 | 13.11 | +3.2% |
| 2020 | 13.42 | +2.4% |
| 2021 | 13.34 | -0.6% |
| 2022 | 13.79 | +3.4% |
| 2023 | 13.41 | -2.8% |
Nigeria compared with similar countries
- Nigeria's 13.41 is above the median for lower middle income countries, which is 10.62, 1.3× the median. (46 countries reporting)
- Nigeria's 13.41 is above the median for Sub-Saharan Africa, which is 8.94, 1.5× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.49 | 11.07 | 13.66 | 9 |
| 1970s | 10.81 | 9.36 | 11.92 | 10 |
| 1980s | 10.57 | 8.68 | 12.02 | 10 |
| 1990s | 13.13 | 12.43 | 14.21 | 10 |
| 2000s | 13.5 | 11.05 | 14.46 | 10 |
| 2010s | 13.21 | 12.69 | 13.71 | 10 |
| 2020s | 13.49 | 13.34 | 13.79 | 4 |
Countries ranked near Nigeria
- 71 Tajikistan 13.61 compare
- 72 Senegal 13.52 compare
- 73 Uruguay 13.52 compare
- 75 Cape Verde 13.41 compare
- 76 Hungary 13.39 compare
- 77 Saint Vincent and the Grenadines 13.35 compare
More energy & mining data for Nigeria
- Ores and metals imports 1.3% (2025)
- Gas production 507.74 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 2,138 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 507.74 terawatt-hours (2025)
- Gas production per person 2,138 kilowatt-hours per person (2025)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2025)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Gas production, per capita 0 terawatt-hours per person (2025)
- Gas production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
Frequently asked questions
- What is vegetable oil vs gdp in Nigeria?
- Vegetable oil vs gdp in Nigeria was 13.41 in 2023, according to Our World in Data.
- What is the highest vegetable oil vs gdp recorded in Nigeria?
- The highest recorded value was 14.46 in 2005.
- What is the lowest vegetable oil vs gdp recorded in Nigeria?
- The lowest recorded value was 8.68 in 1984.
- How does Nigeria rank for vegetable oil vs gdp?
- Nigeria ranks 74th out of 192 countries with data for 2023.
- Is vegetable oil vs gdp rising or falling in Nigeria?
- Over the last ten years it is down 0.7%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from Our World in Data, published as part of Vegetable oil vs gdp. Statizoid updates them automatically from the source API.
Download this data
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