GDP (current US$), per unit of GDP in Nigeria
Nigeria: GDP (current US$), per unit of GDP was 0.7443 current US$ per US$ of GDP in 2024. ▼ Falling
GDP (current US$), per unit of GDP in Nigeria, 1970–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Nigeria recorded 0.7443 current US$ per US$ of GDP for gdp (current us$), per unit of gdp in 2024.
Compared with earlier readings it is down 0.3% on the previous year and down 25.6% over ten years.
Over the whole period, gdp (current us$), per unit of gdp in Nigeria peaked at 1 current US$ per US$ of GDP in 1970 and was at its lowest, 0.7101 current US$ per US$ of GDP, in 2019.
That places Nigeria 210th out of 211 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 55 years of available data.
GDP (current US$), per unit of GDP in Nigeria, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 1 current US$ per US$ of GDP | — |
| 1971 | 1 current US$ per US$ of GDP | +0.0% |
| 1972 | 1 current US$ per US$ of GDP | +0.0% |
| 1973 | 1 current US$ per US$ of GDP | +0.0% |
| 1974 | 1 current US$ per US$ of GDP | +0.0% |
| 1975 | 1 current US$ per US$ of GDP | +0.0% |
| 1976 | 1 current US$ per US$ of GDP | +0.0% |
| 1977 | 1 current US$ per US$ of GDP | +0.0% |
| 1978 | 1 current US$ per US$ of GDP | +0.0% |
| 1979 | 1 current US$ per US$ of GDP | +0.0% |
| 1980 | 1 current US$ per US$ of GDP | +0.0% |
| 1981 | 1 current US$ per US$ of GDP | +0.0% |
| 1982 | 1 current US$ per US$ of GDP | +0.0% |
| 1983 | 1 current US$ per US$ of GDP | +0.0% |
| 1984 | 1 current US$ per US$ of GDP | +0.0% |
| 1985 | 1 current US$ per US$ of GDP | +0.0% |
| 1986 | 1 current US$ per US$ of GDP | +0.0% |
| 1987 | 1 current US$ per US$ of GDP | +0.0% |
| 1988 | 1 current US$ per US$ of GDP | +0.0% |
| 1989 | 1 current US$ per US$ of GDP | +0.0% |
| 1990 | 1 current US$ per US$ of GDP | +0.0% |
| 1991 | 1 current US$ per US$ of GDP | +0.0% |
| 1992 | 1 current US$ per US$ of GDP | +0.0% |
| 1993 | 1 current US$ per US$ of GDP | +0.0% |
| 1994 | 1 current US$ per US$ of GDP | +0.0% |
| 1995 | 1 current US$ per US$ of GDP | +0.0% |
| 1996 | 1 current US$ per US$ of GDP | +0.0% |
| 1997 | 1 current US$ per US$ of GDP | +0.0% |
| 1998 | 1 current US$ per US$ of GDP | +0.0% |
| 1999 | 1 current US$ per US$ of GDP | +0.0% |
| 2000 | 1 current US$ per US$ of GDP | +0.0% |
| 2001 | 1 current US$ per US$ of GDP | +0.0% |
| 2002 | 1 current US$ per US$ of GDP | +0.0% |
| 2003 | 1 current US$ per US$ of GDP | +0.0% |
| 2004 | 1 current US$ per US$ of GDP | +0.0% |
| 2005 | 1 current US$ per US$ of GDP | +0.0% |
| 2006 | 1 current US$ per US$ of GDP | +0.0% |
| 2007 | 1 current US$ per US$ of GDP | +0.0% |
| 2008 | 1 current US$ per US$ of GDP | +0.0% |
| 2009 | 1 current US$ per US$ of GDP | +0.0% |
| 2010 | 1 current US$ per US$ of GDP | +0.0% |
| 2011 | 1 current US$ per US$ of GDP | +0.0% |
| 2012 | 1 current US$ per US$ of GDP | +0.0% |
| 2013 | 1 current US$ per US$ of GDP | +0.0% |
| 2014 | 1 current US$ per US$ of GDP | +0.0% |
| 2015 | 1 current US$ per US$ of GDP | +0.0% |
| 2016 | 1 current US$ per US$ of GDP | +0.0% |
| 2017 | 1 current US$ per US$ of GDP | +0.0% |
| 2018 | 1 current US$ per US$ of GDP | +0.0% |
| 2019 | 0.7101 current US$ per US$ of GDP | -29.0% |
| 2020 | 0.722 current US$ per US$ of GDP | +1.7% |
| 2021 | 0.7237 current US$ per US$ of GDP | +0.2% |
| 2022 | 0.7379 current US$ per US$ of GDP | +2.0% |
| 2023 | 0.7465 current US$ per US$ of GDP | +1.2% |
| 2024 | 0.7443 current US$ per US$ of GDP | -0.3% |
Nigeria compared with similar countries
- Nigeria's 0.7443 current US$ per US$ of GDP is below the median for lower middle income countries, which is 1 current US$ per US$ of GDP, 74% of the median. (47 countries reporting)
- Nigeria's 0.7443 current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.9948 current US$ per US$ of GDP, 75% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 10 |
| 1980s | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 10 |
| 1990s | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 10 |
| 2000s | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 10 |
| 2010s | 0.971 current US$ per US$ of GDP | 0.7101 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 10 |
| 2020s | 0.7349 current US$ per US$ of GDP | 0.722 current US$ per US$ of GDP | 0.7465 current US$ per US$ of GDP | 5 |
Countries ranked near Nigeria
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)
Frequently asked questions
- What is gdp (current us$), per unit of gdp in Nigeria?
- Gdp (current us$), per unit of gdp in Nigeria was 0.7443 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gdp (current us$), per unit of gdp recorded in Nigeria?
- The highest recorded value was 1 current US$ per US$ of GDP in 1970.
- What is the lowest gdp (current us$), per unit of gdp recorded in Nigeria?
- The lowest recorded value was 0.7101 current US$ per US$ of GDP in 2019.
- How does Nigeria rank for gdp (current us$), per unit of gdp?
- Nigeria ranks 210th out of 211 countries with data for 2024.
- Is gdp (current us$), per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is down 25.6%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of GDP (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
GDP (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (current US$) ÷ GDP (current US$)
Computed from
- GDP UNESCO Institute for Statistics
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.