GNI (current LCU), per unit of GDP in Nigeria
Nigeria: GNI (current LCU), per unit of GDP was 1,061 current LCU per US$ of GDP in 2024. ◆ Volatile
GNI (current LCU), per unit of GDP in Nigeria, 2008–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, gni (current lcu), per unit of gdp in Nigeria stood at 1,061 current LCU per US$ of GDP. That is the highest value across all 17 years on record.
The figure is up 127.5% on the previous year and up 599.3% over ten years.
Over the whole period, gni (current lcu), per unit of gdp in Nigeria peaked at 1,061 current LCU per US$ of GDP in 2024 and was at its lowest, 112.44 current LCU per US$ of GDP, in 2008.
That places Nigeria 25th out of 206 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GNI (current LCU), per unit of GDP in Nigeria, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2008 | 112.44 current LCU per US$ of GDP | — |
| 2009 | 140.05 current LCU per US$ of GDP | +24.6% |
| 2010 | 140.83 current LCU per US$ of GDP | +0.6% |
| 2011 | 143.88 current LCU per US$ of GDP | +2.2% |
| 2012 | 148.46 current LCU per US$ of GDP | +3.2% |
| 2013 | 148.05 current LCU per US$ of GDP | -0.3% |
| 2014 | 151.74 current LCU per US$ of GDP | +2.5% |
| 2015 | 188.07 current LCU per US$ of GDP | +23.9% |
| 2016 | 249.57 current LCU per US$ of GDP | +32.7% |
| 2017 | 299 current LCU per US$ of GDP | +19.8% |
| 2018 | 297.92 current LCU per US$ of GDP | -0.4% |
| 2019 | 213.74 current LCU per US$ of GDP | -28.3% |
| 2020 | 254.85 current LCU per US$ of GDP | +19.2% |
| 2021 | 283.42 current LCU per US$ of GDP | +11.2% |
| 2022 | 304.37 current LCU per US$ of GDP | +7.4% |
| 2023 | 466.52 current LCU per US$ of GDP | +53.3% |
| 2024 | 1,061 current LCU per US$ of GDP | +127.5% |
Nigeria compared with similar countries
- Nigeria's 1,061 current LCU per US$ of GDP is above the median for lower middle income countries, which is 86.75 current LCU per US$ of GDP, 12.2× the median. (47 countries reporting)
- Nigeria's 1,061 current LCU per US$ of GDP is above the median for Sub-Saharan Africa, which is 558.46 current LCU per US$ of GDP, 1.9× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GNI (current LCU), 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 |
|---|---|---|---|
| 2024 | +127.5% | 466.52 current LCU per US$ of GDP | 1,061 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 126.25 current LCU per US$ of GDP | 112.44 current LCU per US$ of GDP | 140.05 current LCU per US$ of GDP | 2 |
| 2010s | 198.13 current LCU per US$ of GDP | 140.83 current LCU per US$ of GDP | 299 current LCU per US$ of GDP | 10 |
| 2020s | 474.07 current LCU per US$ of GDP | 254.85 current LCU per US$ of GDP | 1,061 current LCU per US$ of GDP | 5 |
Countries ranked near Nigeria
- 22 South Korea 1,383 current LCU per US$ of GDP compare
- 23 Iraq 1,308 current LCU per US$ of GDP compare
- 24 Rwanda 1,213 current LCU per US$ of GDP compare
- 26 Chile 897.74 current LCU per US$ of GDP compare
- 27 Argentina 889.1 current LCU per US$ of GDP compare
- 28 Angola 722.51 current LCU per US$ of GDP compare
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 gni (current lcu), per unit of gdp in Nigeria?
- Gni (current lcu), per unit of gdp in Nigeria was 1,061 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gni (current lcu), per unit of gdp recorded in Nigeria?
- The highest recorded value was 1,061 current LCU per US$ of GDP in 2024.
- What is the lowest gni (current lcu), per unit of gdp recorded in Nigeria?
- The lowest recorded value was 112.44 current LCU per US$ of GDP in 2008.
- How does Nigeria rank for gni (current lcu), per unit of gdp?
- Nigeria ranks 25th out of 206 countries with data for 2024.
- Is gni (current lcu), per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is up 599.3%. 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 GNI (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
GNI (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GNI (current LCU) ÷ GDP (current US$)
Computed from
- GNI 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
GNI (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.