GDP per capita (current LCU) (UNESCO Institute) in Nigeria
Nigeria: GDP per capita (current LCU) (UNESCO Institute) was 1.19 million current LCU in 2024. ◆ Volatile
Latest (2024)
1.19 million current LCU
Change on year
up 15.9%
World rank
42nd
of 211 countries
All-time high
1.19 million current LCU
in 2024
All-time low
160.33 current LCU
in 1970
Years of data
55
1970–2024
GDP per capita in Nigeria, 1970–2024
Source: UNESCO Institute for Statistics. Measured in current LCU.
Analysis
In 2024, gdp per capita in Nigeria stood at 1.19 million current LCU. That is the highest value across all 55 years on record.
That represents a change of up 15.9% on the previous year and up 146.0% over ten years.
Over the whole period, gdp per capita in Nigeria peaked at 1.19 million current LCU in 2024 and was at its lowest, 160.33 current LCU, in 1970.
Nigeria ranks 42nd of 211 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita (current LCU) (UNESCO Institute) in Nigeria, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 160.33 current LCU | — |
| 1971 | 181.34 current LCU | +13.1% |
| 1972 | 188.3 current LCU | +3.8% |
| 1973 | 203.91 current LCU | +8.3% |
| 1974 | 317.84 current LCU | +55.9% |
| 1975 | 361.85 current LCU | +13.8% |
| 1976 | 438.44 current LCU | +21.2% |
| 1977 | 499.52 current LCU | +13.9% |
| 1978 | 520.05 current LCU | +4.1% |
| 1979 | 600.18 current LCU | +15.4% |
| 1980 | 681.49 current LCU | +13.5% |
| 1981 | 1,831 current LCU | +168.7% |
| 1982 | 1,902 current LCU | +3.8% |
| 1983 | 1,974 current LCU | +3.8% |
| 1984 | 2,010 current LCU | +1.8% |
| 1985 | 2,212 current LCU | +10.1% |
| 1986 | 2,271 current LCU | +2.7% |
| 1987 | 2,731 current LCU | +20.3% |
| 1988 | 3,430 current LCU | +25.6% |
| 1989 | 4,389 current LCU | +28.0% |
| 1990 | 5,093 current LCU | +16.1% |
| 1991 | 5,917 current LCU | +16.2% |
| 1992 | 8,850 current LCU | +49.6% |
| 1993 | 11,959 current LCU | +35.1% |
| 1994 | 16,388 current LCU | +37.0% |
| 1995 | 27,976 current LCU | +70.7% |
| 1996 | 35,920 current LCU | +28.4% |
| 1997 | 37,846 current LCU | +5.4% |
| 1998 | 40,094 current LCU | +5.9% |
| 1999 | 44,555 current LCU | +11.1% |
| 2000 | 55,884 current LCU | +25.4% |
| 2001 | 63,409 current LCU | +13.5% |
| 2002 | 86,171 current LCU | +35.9% |
| 2003 | 98,810 current LCU | +14.7% |
| 2004 | 128,487 current LCU | +30.0% |
| 2005 | 159,442 current LCU | +24.1% |
| 2006 | 203,754 current LCU | +27.8% |
| 2007 | 226,245 current LCU | +11.0% |
| 2008 | 253,525 current LCU | +12.1% |
| 2009 | 268,199 current LCU | +5.8% |
| 2010 | 327,720 current LCU | +22.2% |
| 2011 | 368,391 current LCU | +12.4% |
| 2012 | 410,620 current LCU | +11.5% |
| 2013 | 447,447 current LCU | +9.0% |
| 2014 | 484,876 current LCU | +8.4% |
| 2015 | 499,170 current LCU | +2.9% |
| 2016 | 524,834 current LCU | +5.1% |
| 2017 | 573,766 current LCU | +9.3% |
| 2018 | 629,880 current LCU | +9.8% |
| 2019 | 695,223 current LCU | +10.4% |
| 2020 | 720,818 current LCU | +3.7% |
| 2021 | 805,730 current LCU | +11.8% |
| 2022 | 906,853 current LCU | +12.6% |
| 2023 | 1.03 million current LCU | +13.4% |
| 2024 | 1.19 million current LCU | +15.9% |
Nigeria compared with similar countries
- Nigeria's 1.19 million current LCU is above the median for lower middle income countries, which is 228,151 current LCU, 5.2× the median. (47 countries reporting)
- Nigeria's 1.19 million current LCU is above the median for Sub-Saharan Africa, which is 591,280 current LCU, 2.0× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP per capita (current LCU) (UNESCO Institute) 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 |
|---|---|---|---|
| 1981 | +168.7% | 681.49 current LCU | 1,831 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 347.18 current LCU | 160.33 current LCU | 600.18 current LCU | 10 |
| 1980s | 2,343 current LCU | 681.49 current LCU | 4,389 current LCU | 10 |
| 1990s | 23,460 current LCU | 5,093 current LCU | 44,555 current LCU | 10 |
| 2000s | 154,393 current LCU | 55,884 current LCU | 268,199 current LCU | 10 |
| 2010s | 496,193 current LCU | 327,720 current LCU | 695,223 current LCU | 10 |
| 2020s | 930,942 current LCU | 720,818 current LCU | 1.19 million current LCU | 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)
- Population growth rate 0.023 (2100)
- Population density 523.46 (2100)
- Projected population under age 5 32.05 million (2100)
Frequently asked questions
- What is gdp per capita in Nigeria?
- Gdp per capita in Nigeria was 1.19 million current LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp per capita recorded in Nigeria?
- The highest recorded value was 1.19 million current LCU in 2024.
- What is the lowest gdp per capita recorded in Nigeria?
- The lowest recorded value was 160.33 current LCU in 1970.
- How does Nigeria rank for gdp per capita?
- Nigeria ranks 42nd out of 211 countries with data for 2024.
- Is gdp per capita rising or falling in Nigeria?
- Over the last ten years it is up 146.0%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP per capita (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release