Food price anomalies in Nigeria
Nigeria: Food price anomalies was 1.55 in 2024. ◆ Volatile
Food price anomalies in Nigeria, 2010–2024
Source: Our World in Data.
Analysis
The most recent figure for food price anomalies in Nigeria is 1.55, measured in 2024. That is the highest value across all 15 years on record.
The figure is up 109.5% on the previous year and up 369.7% over ten years.
Over the whole period, food price anomalies in Nigeria peaked at 1.55 in 2024 and was at its lowest, -0.9, in 2016.
That places Nigeria 5th out of 201 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Food price anomalies in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | -0.34 | — |
| 2011 | -0.8 | +135.3% |
| 2012 | -0.73 | -8.8% |
| 2013 | 0.28 | -138.4% |
| 2014 | 0.33 | +17.9% |
| 2015 | 0.07 | -78.8% |
| 2016 | -0.9 | -1385.7% |
| 2017 | 1.31 | -245.6% |
| 2018 | 0.64 | -51.1% |
| 2019 | 0.62 | -3.1% |
| 2020 | 0.84 | +35.5% |
| 2021 | 0.65 | -22.6% |
| 2022 | 0.15 | -76.9% |
| 2023 | 0.74 | +393.3% |
| 2024 | 1.55 | +109.5% |
Nigeria compared with similar countries
- Nigeria's 1.55 is above the median for lower middle income countries, which is -0.07. (47 countries reporting)
- Nigeria's 1.55 is above the median for Sub-Saharan Africa, which is 0.2, 7.8× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Food price anomalies in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | -1385.7% | 0.07 | -0.9 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.048 | -0.9 | 1.31 | 10 |
| 2020s | 0.786 | 0.15 | 1.55 | 5 |
Countries ranked near Nigeria
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
Frequently asked questions
- What is food price anomalies in Nigeria?
- Food price anomalies in Nigeria was 1.55 in 2024, according to Our World in Data.
- What is the highest food price anomalies recorded in Nigeria?
- The highest recorded value was 1.55 in 2024.
- What is the lowest food price anomalies recorded in Nigeria?
- The lowest recorded value was -0.9 in 2016.
- How does Nigeria rank for food price anomalies?
- Nigeria ranks 5th out of 201 countries with data for 2024.
- Is food price anomalies rising or falling in Nigeria?
- Over the last ten years it is up 369.7%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Our World in Data, published as part of Food price anomalies. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Our World in Data).