Nigeria - GDP per capita (current US$) 1960 - 2022
Nigeria's gdp per capita (current us$) is currently $2,184.42 USD (United States dollar) according to the most recent World Bank data for the country (2022).
Definition
GDP per capita is determined by dividing the gross domestic product by the population at midyear. GDP represents the total value generated by resident producers within the economy, inclusive of product taxes and excluding subsidies not factored into product value. This calculation does not consider deductions for asset depreciation, depletion, or degradation of natural resources. The data is presented in current U.S. dollars.- Nigeria's gdp per capita (current us$) for 2022 was $2,184.42, a 5.74% increase from 2021, with a +$118 difference.
- In 2021 it was $2,065.75, a -0.43% increase from 2020, with a -$9 difference.
- In 2020 it was $2,074.61, a -11.11% increase from 2019.
- In 2019 it was $2,334.02, a 9.79% increase from 2018.
- In 2018 it was $2,125.83, a 9.47% increase from 2017.
Measure: Estimated Value
Average, Lowest, and Highest Recorded Values
The average gdp per capita (current us$), value for Nigeria is currently $1,008.13 (average of years with recorded data) with a lowest recorded value of $93.40 in 1960 and a highest value of $3,200.95 in 2014.For comparison, the world wide [World Bank] aggregate for 1960 was $456.83 and in 2014 it was $10,898.72. Essentially, in 1960, Nigeria contributed 20.44% to the world wide aggregate. While in 2014 it contributed 29.37% to the aggregate, recording a 43.68% increase in amounts contributed within the 54-year period. Nonetheless, the country recorded a 3,327.25% increase in gdp per capita (current us$) within the same period.
Similarly, from 1960 (when the lowest value was recorded) to 2022, Nigeria recorded a 2,238.85% increase in gdp per capita (current us$). The world aggregate recorded a 2,668.55% growth in the same period.
Nigeria's GDP per capita (current US$) - Historical Data
| Year | GDP per capita (current US$) | Average Growth Rate (%) |
|---|---|---|
| 1960 | $93.40 | |
| 1961 | $97.42 | 4.31% |
| 1962 | $104.85 | 7.63% |
| 1963 | $108.02 | 3.02% |
| 1964 | $113.66 | 5.22% |
| 1965 | $117.67 | 3.53% |
| 1966 | $124.79 | 6.06% |
| 1967 | $99.86 | -19.98% |
| 1968 | $97.74 | -2.12% |
| 1969 | $122.04 | 24.86% |
| 1970 | $225.77 | 85.00% |
| 1971 | $161.54 | -28.45% |
| 1972 | $211.00 | 30.61% |
| 1973 | $254.39 | 20.57% |
| 1974 | $406.27 | 59.71% |
| 1975 | $441.98 | 8.79% |
| 1976 | $561.55 | 27.05% |
| 1977 | $541.16 | -3.63% |
| 1978 | $532.22 | -1.65% |
| 1979 | $667.98 | 25.51% |
| 1980 | $880.06 | 31.75% |
| 1981 | $2,187.89 | 148.61% |
| 1982 | $1,844.85 | -15.68% |
| 1983 | $1,223.60 | -33.67% |
| 1984 | $903.45 | -26.16% |
| 1985 | $882.28 | -2.34% |
| 1986 | $638.73 | -27.60% |
| 1987 | $598.29 | -6.33% |
| 1988 | $549.50 | -8.15% |
| 1989 | $474.46 | -13.66% |
| 1990 | $567.52 | 19.61% |
| 1991 | $502.82 | -11.40% |
| 1992 | $477.08 | -5.12% |
| 1993 | $270.03 | -43.40% |
| 1994 | $320.83 | 18.81% |
| 1995 | $407.28 | 26.95% |
| 1996 | $460.32 | 13.02% |
| 1997 | $478.58 | 3.97% |
| 1998 | $467.94 | -2.22% |
| 1999 | $496.03 | 6.00% |
| 2000 | $565.31 | 13.97% |
| 2001 | $586.83 | 3.81% |
| 2002 | $733.54 | 25.00% |
| 2003 | $786.80 | 7.26% |
| 2004 | $992.75 | 26.17% |
| 2005 | $1,250.41 | 25.95% |
| 2006 | $1,652.15 | 32.13% |
| 2007 | $1,876.41 | 13.57% |
| 2008 | $2,227.79 | 18.73% |
| 2009 | $1,883.89 | -15.44% |
| 2010 | $2,280.11 | 21.03% |
| 2011 | $2,504.88 | 9.86% |
| 2012 | $2,728.02 | 8.91% |
| 2013 | $2,976.76 | 9.12% |
| 2014 | $3,200.95 | 7.53% |
| 2015 | $2,679.55 | -16.29% |
| 2016 | $2,144.78 | -19.96% |
| 2017 | $1,941.88 | -9.46% |
| 2018 | $2,125.83 | 9.47% |
| 2019 | $2,334.02 | 9.79% |
| 2020 | $2,074.61 | -11.11% |
| 2021 | $2,065.75 | -0.43% |
| 2022 | $2,184.42 | 5.74% |
Expand
Comparison with Countries in the Sub-Saharan Africa Region.
Among countries in the same World Bank Sub-Saharan Africa (SSA) region, Nigeria comes in 15th with $2,184.42 gdp per capita (current us$).
- Within the same region, Equatorial Guinea comes in 5th with $7,053.47, gdp per capita (current us$).
- South Africa comes in 6th with $6,776.48.
- Namibia comes in 7th with $4,911.33.
- Eswatini comes in 8th with $4,039.52.
- Cabo Verde comes in 9th with $3,902.59.
- Angola comes in 10th with $2,998.50.
- Cote d'Ivoire comes in 11th with $2,486.41.
- Congo, Rep. comes in 12th with $2,447.99.
- Sao Tome and Principe comes in 13th with $2,404.26.
- Mauritania comes in 14th with $2,190.70.
- Ghana comes in 16th with $2,175.86.
- Kenya comes in 17th with $2,099.30.
- Senegal comes in 18th with $1,598.74.
- Cameroon comes in 19th with $1,588.48.
- Guinea comes in 20th with $1,531.66.
- Zambia comes in 21st with $1,487.91.
- Comoros comes in 22nd with $1,484.89.
- Benin comes in 23rd with $1,303.22.
- Zimbabwe comes in 24th with $1,267.00.
- And Tanzania comes in 25th with $1,192.40, gdp per capita (current us$).
GDP per capita (current US$), Top 10 Countries in the Sub-Saharan Africa Region.
Top 10 Countries in the Sub-Saharan Africa Region.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Seychelles | $15,874.50 | 2022 |
| 2 | Mauritius | $10,216.30 | 2022 |
| 3 | Gabon | $8,820.35 | 2022 |
| 4 | Botswana | $7,737.65 | 2022 |
| 5 | Equatorial Guinea | $7,053.47 | 2022 |
| 6 | South Africa | $6,776.48 | 2022 |
| 7 | Namibia | $4,911.33 | 2022 |
| 8 | Eswatini | $4,039.52 | 2022 |
| 9 | Cabo Verde | $3,902.59 | 2022 |
| 10 | Angola | $2,998.50 | 2022 |
Comparison with Countries in the Lower middle income Group.
Among countries in the same World Bank Lower middle income (LMI) group, Nigeria comes in 34th with $2,184.42 gdp per capita (current us$).
- Within the same income group, Bangladesh comes in 24th with $2,688.30, gdp per capita (current us$).
- Cote d'Ivoire comes in 25th with $2,486.41.
- Congo, Rep. comes in 26th with $2,447.99.
- Sao Tome and Principe comes in 27th with $2,404.26.
- India comes in 28th with $2,388.62.
- Timor-Leste comes in 29th with $2,358.41.
- Nicaragua comes in 30th with $2,255.43.
- Uzbekistan comes in 31st with $2,255.15.
- Solomon Islands comes in 32nd with $2,203.19.
- Mauritania comes in 33rd with $2,190.70.
- Ghana comes in 35th with $2,175.86.
- Kenya comes in 36th with $2,099.30.
- Lao PDR comes in 37th with $2,088.38.
- Cambodia comes in 38th with $1,786.56.
- Haiti comes in 39th with $1,748.26.
- Kiribati comes in 40th with $1,701.97.
- Kyrgyz Republic comes in 41st with $1,606.67.
- Senegal comes in 42nd with $1,598.74.
- Pakistan comes in 43rd with $1,596.66.
- And Cameroon comes in 44th with $1,588.48, gdp per capita (current us$).
GDP per capita (current US$), Top 14 Countries in the Lower middle income Group.
Top 14 Countries in the Lower middle income Group.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Mongolia | $4,946.75 | 2022 |
| 2 | Ukraine | $4,533.98 | 2022 |
| 3 | Iran, Islamic Rep. | $4,387.83 | 2022 |
| 4 | Egypt, Arab Rep. | $4,295.41 | 2022 |
| 5 | Algeria | $4,273.92 | 2022 |
| 6 | Jordan | $4,204.51 | 2022 |
| 7 | Vietnam | $4,163.51 | 2022 |
| 8 | Lebanon | $4,136.15 | 2021 |
| 9 | Eswatini | $4,039.52 | 2022 |
| 10 | Cabo Verde | $3,902.59 | 2022 |
| 11 | Tunisia | $3,776.67 | 2022 |
| 12 | Samoa | $3,743.21 | 2022 |
| 13 | Micronesia, Fed. Sts. | $3,741.06 | 2022 |
| 14 | Morocco | $3,527.94 | 2022 |