Malawi vs Nigeria: DEC alternative conversion factor
Malawi
1,738 LCU per US$
in 2024
Nigeria
1,478 LCU per US$
in 2024
Malawi rank
21st
Nigeria rank
23rd
DEC alternative conversion factor over time
- Malawi
- Nigeria
How they compare
Malawi currently reports 1,738 LCU per US$ against 1,478 LCU per US$ in Nigeria, a difference of 260 LCU per US$.
That makes Malawi's figure about 1.2 times Nigeria's.
The two have swapped places 10 times across 55 shared years of data; in 1970 it was Malawi ahead.
Malawi ranks 21st and Nigeria ranks 23rd of 209 countries.
Across the 6 decades both report, Malawi averaged higher in 2 and Nigeria in 4.
Head to head by decade
| Decade | Malawi | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.8467 LCU per US$ | 0.8781 LCU per US$ | 0.0315 LCU per US$ | Nigeria |
| 1980s | 1.65 LCU per US$ | 3.32 LCU per US$ | 1.67 LCU per US$ | Nigeria |
| 1990s | 14.45 LCU per US$ | 26.13 LCU per US$ | 11.69 LCU per US$ | Nigeria |
| 2000s | 109.09 LCU per US$ | 124.66 LCU per US$ | 15.58 LCU per US$ | Nigeria |
| 2010s | 477.12 LCU per US$ | 213.51 LCU per US$ | 263.6 LCU per US$ | Malawi |
| 2020s | 1,081 LCU per US$ | 660.48 LCU per US$ | 420.29 LCU per US$ | Malawi |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher dec alternative conversion factor, Malawi or Nigeria?
- Malawi, at 1,738 LCU per US$ against 1,478 LCU per US$ in Nigeria as of 2024.
- What is the difference in dec alternative conversion factor between Malawi and Nigeria?
- 260 LCU per US$, with Malawi ahead.
- How many years of comparable data are there for Malawi and Nigeria?
- 55 years are reported by both, from 1970 to 2024.
- How do Malawi and Nigeria rank globally for dec alternative conversion factor?
- Malawi ranks 21st and Nigeria ranks 23rd of 209 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as DEC alternative conversion factor (LCU per US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
February 2026 Data Release