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
GDP per capita in Nigeria, 1970–2024
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
| 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$, 71% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 396.79 current US$ | 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
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 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.
Download this data
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About this data
February 2026 Data Release