Nigeria GDP per Capita

GDP divided by mid-year population, current US dollars.

GDP per Capita in Nigeria increased to 1,224.25 USD in 2025 from 1,084.16 USD in 2024.

$1,224
▲ +140.12025 · previous $1,084Annual · US$ · Source: World Bank — World Development Indicators

Nigeria GDP per Capita — History

Drag or pinch to zoom. Dashed line: IMF World Economic Outlook projection. Other sources can be switched on in the legend.

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Nigeria GDP per Capita — analysis in simple words

Latest reading

GDP per Capita in Nigeria increased to 1,224.25 USD in 2025 from 1,084.16 USD in 2024.

Over the last three years it rose once and fell twice.

Recent trend

A year earlier (2024) it was $1,084, so the latest figure is $140 higher.

Over the past five years the average was $2,027, with a range from $1,084 to $2,899. The latest value is below that five-year average.

Historical context

This data series starts in 1960 and has 66 annual observations. The latest reading is higher than 62% of all of them.

The highest value on record is $3,190 (2019) and the lowest is $93 (1960). The long-run average is $1,137.

Compared with other countries

Among 214 economies with recent data, Nigeria ranks 189th from the top. The median across all these economies is $9,540, so Nigeria is below the typical country.

Within Sub-Saharan Africa (48 economies with data) it ranks 26th; the regional median is $1,318.

IMF outlook

The IMF World Economic Outlook projects $1,594 in 2026 and $1,889 in 2027 for Nigeria. Projections are forecasts, not actual data, and are revised as new information arrives.

Statistics

Latest
$1,2242025
Previous
$1,084
5-year average
$2,027
Long-run average
$1,137since 1960
All-time high
$3,1902019
All-time low
$931960
Observations
66Annual

Recent Data

PeriodValueChange
2025$1,224▲ +140.1
2024$1,084▼ −1,054.6
2023$2,139▼ −760.4
2022$2,899▲ +111.7
2021$2,787▼ −9.7
2020$2,797▼ −392.6
2019$3,190▲ +1,131.9
2018$2,058▲ +181.5
2017$1,876▼ −194.1
2016$2,070▼ −515.3
2015$2,586▼ −503.0
2014$3,089▲ +215.9
2013$2,873▲ +239.6
2012$2,633▲ +214.8
2011$2,418▲ +216.2
2010$2,202▲ +381.8
2009$1,820▼ −333.6
2008$2,154▲ +338.6
2007$1,816▲ +216.0
2006$1,600▲ +388.2
2005$1,211▲ +248.9
2004$962▲ +199.1
2003$763▲ +51.2
2002$712▲ +145.7
2001$566▲ +19.1
2000$547▲ +66.6
1999$481▼ −1,341.8
1998$1,822▲ +102.2
1997$1,720▲ +87.6
1996$1,633

GDP per Capita — Nigeria vs Peers

Latest available reading for each economy (periods may differ). Nigeria highlighted.

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More Nigeria indicators

Understanding GDP per Capita — a simple guide

What it measures

GDP divided by mid-year population, in current US dollars.

How it is calculated

GDP ÷ population. It shows average output (roughly, average income) per person in US dollars.

Simple example

A country with GDP of $4,000 billion and 1,450 million people has GDP per capita of about $2,760.

▲ When it is high or rising

Higher values usually mean higher average incomes and living standards.

▼ When it is low or falling

Lower values mean lower average income; the World Bank uses similar measures to group countries by income level.

Why it matters for the economy and markets

It is a rough measure of average income and living standards and is used to classify countries by income level.

How to read it

Market exchange rates can understate living standards in lower-cost countries — compare with GDP per capita PPP.

What to look at alongside it

GDP per capita PPP, population growth and inequality.

Key terms

Per capita
Per person.

Data source

World Bank — World Development Indicators (series NY.GDP.PCAP.CD), annual data from 1960 to 2025. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current gdp per capita of Nigeria?
Nigeria gdp per capita was $1,224 in 2025, compared with $1,084 in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest gdp per capita of Nigeria?
Since 1960, the highest reading was $3,190 (2019) and the lowest was $93 (1960).
What is the IMF projection for Nigeria gdp per capita?
The IMF World Economic Outlook projects $1,594 for 2026. Projections are forecasts and are revised over time.
What does gdp per capita measure?
GDP divided by mid-year population, in current US dollars.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.