How does Nigeria rank for gdp at market prices (constant 2010 us$), per unit of gdp?

Nigeria ranks 1st out of 208 countries with data for 2024.

Is gdp at market prices (constant 2010 us$), per unit of gdp rising or falling in Nigeria?

Over the last ten years it is up 169.9%. The long-run trend across the full record is volatile.

GDP at market prices (constant 2010 US$), per unit of GDP in Nigeria

Name: GDP at market prices (constant 2010 US$), per unit of GDP in Nigeria
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Nigeria: GDP at market prices (constant 2010 US$), per unit of GDP was 2.26 constant 2010 US$ per US$ of GDP in 2024. ◆ Volatile

Latest (2024)

2.26 constant 2010 US$ per US$ of GDP

Change on year

up 99.8%

World rank

1st

of 208 countries

All-time high

12.58 constant 2010 US$ per US$ of GDP

in 1971

All-time low

0.7623 constant 2010 US$ per US$ of GDP

in 2019

Years of data

1970–2024

GDP at market prices (constant 2010 US$), per unit of GDP in Nigeria, 1970–2024

Source: Statizoid (derived). Measured in constant 2010 US$ per US$ of GDP.

Analysis

The most recent figure for gdp at market prices (constant 2010 us$), per unit of gdp in Nigeria is 2.26 constant 2010 US$ per US$ of GDP, measured in 2024.

The figure is up 99.8% on the previous year and up 169.9% over ten years.

Over the whole period, gdp at market prices (constant 2010 us$), per unit of gdp in Nigeria peaked at 12.58 constant 2010 US$ per US$ of GDP in 1971 and was at its lowest, 0.7623 constant 2010 US$ per US$ of GDP, in 2019.

Nigeria ranks 1st of 208 countries on this measure, in the top 10%.

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

GDP at market prices (constant 2010 US$), per unit of GDP in Nigeria, year by year

Annual values for GDP at market prices (constant 2010 US$), per unit of GDP in Nigeria, 1970 to 2024.
Year	constant 2010 US$ per US$ of GDP	Change
1970	8.06 constant 2010 US$ per US$ of GDP	—
1971	12.58 constant 2010 US$ per US$ of GDP	+56.1%
1972	9.72 constant 2010 US$ per US$ of GDP	-22.7%
1973	8.3 constant 2010 US$ per US$ of GDP	-14.7%
1974	5.63 constant 2010 US$ per US$ of GDP	-32.2%
1975	4.77 constant 2010 US$ per US$ of GDP	-15.2%
1976	3.98 constant 2010 US$ per US$ of GDP	-16.6%
1977	4.25 constant 2010 US$ per US$ of GDP	+6.8%
1978	3.95 constant 2010 US$ per US$ of GDP	-7.0%
1979	3.26 constant 2010 US$ per US$ of GDP	-17.5%
1980	2.5 constant 2010 US$ per US$ of GDP	-23.3%
1981	0.8483 constant 2010 US$ per US$ of GDP	-66.1%
1982	0.9108 constant 2010 US$ per US$ of GDP	+7.4%
1983	1.19 constant 2010 US$ per US$ of GDP	+31.0%
1984	1.56 constant 2010 US$ per US$ of GDP	+30.7%
1985	1.65 constant 2010 US$ per US$ of GDP	+5.5%
1986	2.21 constant 2010 US$ per US$ of GDP	+34.6%
1987	2.38 constant 2010 US$ per US$ of GDP	+7.4%
1988	2.71 constant 2010 US$ per US$ of GDP	+13.9%
1989	3.11 constant 2010 US$ per US$ of GDP	+15.0%
1990	2.83 constant 2010 US$ per US$ of GDP	-9.0%
1991	2.58 constant 2010 US$ per US$ of GDP	-8.9%
1992	3.09 constant 2010 US$ per US$ of GDP	+19.6%
1993	2.78 constant 2010 US$ per US$ of GDP	-10.1%
1994	1.92 constant 2010 US$ per US$ of GDP	-30.7%
1995	1.1 constant 2010 US$ per US$ of GDP	-43.0%
1996	0.8673 constant 2010 US$ per US$ of GDP	-20.9%
1997	0.8256 constant 2010 US$ per US$ of GDP	-4.8%
1998	0.7788 constant 2010 US$ per US$ of GDP	-5.7%
1999	2.89 constant 2010 US$ per US$ of GDP	+271.4%
2000	2.6 constant 2010 US$ per US$ of GDP	-10.2%
2001	2.59 constant 2010 US$ per US$ of GDP	-0.4%
2002	2.31 constant 2010 US$ per US$ of GDP	-10.8%
2003	2.25 constant 2010 US$ per US$ of GDP	-2.6%
2004	1.9 constant 2010 US$ per US$ of GDP	-15.7%
2005	1.56 constant 2010 US$ per US$ of GDP	-17.7%
2006	1.22 constant 2010 US$ per US$ of GDP	-21.9%
2007	1.11 constant 2010 US$ per US$ of GDP	-8.7%
2008	0.9741 constant 2010 US$ per US$ of GDP	-12.5%
2009	1.21 constant 2010 US$ per US$ of GDP	+24.3%
2010	1.05 constant 2010 US$ per US$ of GDP	-13.2%
2011	0.9804 constant 2010 US$ per US$ of GDP	-6.8%
2012	0.9128 constant 2010 US$ per US$ of GDP	-6.9%
2013	0.8686 constant 2010 US$ per US$ of GDP	-4.8%
2014	0.8365 constant 2010 US$ per US$ of GDP	-3.7%
2015	1 constant 2010 US$ per US$ of GDP	+19.6%
2016	1.2 constant 2010 US$ per US$ of GDP	+19.9%
2017	1.3 constant 2010 US$ per US$ of GDP	+8.6%
2018	1.18 constant 2010 US$ per US$ of GDP	-9.2%
2019	0.7623 constant 2010 US$ per US$ of GDP	-35.5%
2020	0.8357 constant 2010 US$ per US$ of GDP	+9.6%
2021	0.8512 constant 2010 US$ per US$ of GDP	+1.9%
2022	0.8275 constant 2010 US$ per US$ of GDP	-2.8%
2023	1.13 constant 2010 US$ per US$ of GDP	+36.5%
2024	2.26 constant 2010 US$ per US$ of GDP	+99.8%

Nigeria compared with similar countries

Nigeria's 2.26 constant 2010 US$ per US$ of GDP is above the median for lower middle income countries, which is 0.8728 constant 2010 US$ per US$ of GDP, 2.6× the median. (46 countries reporting)
Nigeria's 2.26 constant 2010 US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.8689 constant 2010 US$ per US$ of GDP, 2.6× the median. (48 countries reporting)

Biggest year-on-year movements

Years where GDP at market prices (constant 2010 US$), per unit of GDP 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
1999	+271.4%	0.7788 constant 2010 US$ per US$ of GDP	2.89 constant 2010 US$ per US$ of GDP

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	6.45 constant 2010 US$ per US$ of GDP	3.26 constant 2010 US$ per US$ of GDP	12.58 constant 2010 US$ per US$ of GDP	10
1980s	1.91 constant 2010 US$ per US$ of GDP	0.8483 constant 2010 US$ per US$ of GDP	3.11 constant 2010 US$ per US$ of GDP	10
1990s	1.97 constant 2010 US$ per US$ of GDP	0.7788 constant 2010 US$ per US$ of GDP	3.09 constant 2010 US$ per US$ of GDP	10
2000s	1.77 constant 2010 US$ per US$ of GDP	0.9741 constant 2010 US$ per US$ of GDP	2.6 constant 2010 US$ per US$ of GDP	10
2010s	1.01 constant 2010 US$ per US$ of GDP	0.7623 constant 2010 US$ per US$ of GDP	1.3 constant 2010 US$ per US$ of GDP	10
2020s	1.18 constant 2010 US$ per US$ of GDP	0.8275 constant 2010 US$ per US$ of GDP	2.26 constant 2010 US$ per US$ of GDP	5

Countries ranked near Nigeria

2 Yemen 1.7 constant 2010 US$ per US$ of GDP compare
3 Lebanon 1.68 constant 2010 US$ per US$ of GDP compare
4 Sierra Leone 1.41 constant 2010 US$ per US$ of GDP compare

See the full ranking of 208 places →

More population data for Nigeria

Population regions with projections, annual growth rate 0.0306 % change on previous year (2100)
Urban and rural population 2050, annual growth rate -3.23 % change on previous year (2050)
Population long run with projections, annual growth rate 0.0306 % change on previous year (2100)
Un population 2024 vs 2022, annual growth rate 0.1509 % change on previous year (2100)
Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 377,460 Persons (2050)
Africa's Development Dynamics (AfDD) Table 03 - Annual population 2.22 Percent per annum (2030)
Projected population under age 5, annual growth rate -0.5063 % change on previous year (2100)
World population growth 0.0% (2100)
Population density 523.46 people per km² (2100)
Number of children under 5, by world region 32.05 million people (2100)

All data for Nigeria →

Frequently asked questions

What is gdp at market prices (constant 2010 us$), per unit of gdp in Nigeria?: Gdp at market prices (constant 2010 us$), per unit of gdp in Nigeria was 2.26 constant 2010 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gdp at market prices (constant 2010 us$), per unit of gdp recorded in Nigeria?: The highest recorded value was 12.58 constant 2010 US$ per US$ of GDP in 1971.
What is the lowest gdp at market prices (constant 2010 us$), per unit of gdp recorded in Nigeria?: The lowest recorded value was 0.7623 constant 2010 US$ per US$ of GDP in 2019.
How does Nigeria rank for gdp at market prices (constant 2010 us$), per unit of gdp?: Nigeria ranks 1st out of 208 countries with data for 2024.
Is gdp at market prices (constant 2010 us$), per unit of gdp rising or falling in Nigeria?: Over the last ten years it is up 169.9%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?: The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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GDP at market prices (constant 2010 US$), per unit of GDP in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us-per-unit-of-gdp/nigeria/

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How this figure is calculated

GDP at market prices (constant 2010 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

GDP at market prices (constant 2010 US$) ÷ GDP (current US$)

Computed from

GDP at market prices UNESCO Institute for Statistics
GDP Country official statistics, National Statistical Organizations and/or Central Banks

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator: GDP at market prices (constant 2010 US$), per unit of GDP
Unit: constant 2010 US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 208 places, 10,036 data points, 1970–2024
Last refreshed: 29 August 2026

GDP at market prices (constant 2010 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.