GDP per capita (current US$) (UNESCO Institute) in Nigeria

Nigeria: GDP per capita (current US$) (UNESCO Institute) was 806.95 current US$ in 2024. ◆ Volatile

Latest (2024)
806.95 current US$
Change on year
down 49.5%
World rank
200th
of 211 countries
All-time high
3,089 current US$
in 2014
All-time low
160.48 current US$
in 1971
Years of data
55
1970–2024

GDP per capita in Nigeria, 1970–2024

01.0k2.0k3.0k197019972024

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

In 2024, gdp per capita in Nigeria stood at 806.95 current US$.

Compared with earlier readings it is down 49.5% on the previous year and down 73.9% over ten years.

Over the whole period, gdp per capita in Nigeria peaked at 3,089 current US$ in 2014 and was at its lowest, 160.48 current US$, in 1971.

That places Nigeria 200th out of 211 countries with data for 2024, putting it in the bottom quarter.

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

GDP per capita (current US$) (UNESCO Institute) in Nigeria, year by year

Annual values for GDP per capita (current US$) in Nigeria, 1970 to 2024.
Year current US$ Change
1970 224.46 current US$ —
1971 160.48 current US$ -28.5%
1972 209.46 current US$ +30.5%
1973 252.37 current US$ +20.5%
1974 402.84 current US$ +59.6%
1975 438.08 current US$ +8.7%
1976 556.39 current US$ +27.0%
1977 535.97 current US$ -3.7%
1978 526.9 current US$ -1.7%
1979 660.99 current US$ +25.5%
1980 870.36 current US$ +31.7%
1981 2,162 current US$ +148.4%
1982 1,822 current US$ -15.8%
1983 1,207 current US$ -33.7%
1984 890.43 current US$ -26.2%
1985 868.64 current US$ -2.4%
1986 628.25 current US$ -27.7%
1987 587.96 current US$ -6.4%
1988 539.54 current US$ -8.2%
1989 465.49 current US$ -13.7%
1990 556.38 current US$ +19.5%
1991 596.94 current US$ +7.3%
1992 508.52 current US$ -14.8%
1993 539.57 current US$ +6.1%
1994 744.88 current US$ +38.1%
1995 1,272 current US$ +70.7%
1996 1,633 current US$ +28.4%
1997 1,720 current US$ +5.4%
1998 1,822 current US$ +5.9%
1999 480.67 current US$ -73.6%
2000 547.32 current US$ +13.9%
2001 566.43 current US$ +3.5%
2002 712.16 current US$ +25.7%
2003 763.39 current US$ +7.2%
2004 962.48 current US$ +26.1%
2005 1,211 current US$ +25.9%
2006 1,600 current US$ +32.0%
2007 1,816 current US$ +13.5%
2008 2,154 current US$ +18.6%
2009 1,820 current US$ -15.5%
2010 2,202 current US$ +21.0%
2011 2,418 current US$ +9.8%
2012 2,633 current US$ +8.9%
2013 2,873 current US$ +9.1%
2014 3,089 current US$ +7.5%
2015 2,586 current US$ -16.3%
2016 2,070 current US$ -19.9%
2017 1,876 current US$ -9.4%
2018 2,058 current US$ +9.7%
2019 2,265 current US$ +10.1%
2020 2,020 current US$ -10.8%
2021 2,017 current US$ -0.1%
2022 2,139 current US$ +6.1%
2023 1,597 current US$ -25.4%
2024 806.95 current US$ -49.5%

Nigeria compared with similar countries

  • Nigeria's 806.95 current US$ is below the median for lower middle income countries, which is 2,419 current US$, 33% of the median. (47 countries reporting)
  • Nigeria's 806.95 current US$ is below the median for Sub-Saharan Africa, which is 1,136 current US$, 71% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 396.79 current US$ 160.48 current US$ 660.99 current US$ 10
1980s 1,004 current US$ 465.49 current US$ 2,162 current US$ 10
1990s 987.4 current US$ 480.67 current US$ 1,822 current US$ 10
2000s 1,215 current US$ 547.32 current US$ 2,154 current US$ 10
2010s 2,407 current US$ 1,876 current US$ 3,089 current US$ 10
2020s 1,716 current US$ 806.95 current US$ 2,139 current US$ 5

Countries ranked near Nigeria

  1. 197 Sierra Leone 873.39 current US$ compare
  2. 198 Syria 847.37 current US$ compare
  3. 199 Liberia 846.28 current US$ compare
  4. 201 Niger 722.75 current US$ compare
  5. 202 Eritrea 688.68 current US$ compare
  6. 203 Democratic Republic of Congo 647.44 current US$ compare

See the full ranking of 211 places →

More population data for Nigeria

All data for Nigeria →

Frequently asked questions

What is gdp per capita in Nigeria?
Gdp per capita in Nigeria was 806.95 current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp per capita recorded in Nigeria?
The highest recorded value was 3,089 current US$ in 2014.
What is the lowest gdp per capita recorded in Nigeria?
The lowest recorded value was 160.48 current US$ in 1971.
How does Nigeria rank for gdp per capita?
Nigeria ranks 200th out of 211 countries with data for 2024.
Is gdp per capita rising or falling in Nigeria?
Over the last ten years it is down 73.9%. 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 US$). Statizoid updates them automatically from the source API.

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GDP per capita in Nigeria. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-per-capita-current-us-2/nigeria/

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About this data

Indicator
GDP per capita (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release