Nigeria Forecast: Nominal GDP Per Capita
1990 - 2027 | Yearly | USD | International Monetary Fund
Key information about Nigeria Forecast: Nominal GDP Per Capita
- Nigeria Nominal GDP Per Capita is forecasted to be 2,326.230 USD in Dec 2022 as reported by International Monetary Fund.
- It records an increase from the last reported number of 2,088.644 USD in Dec 2021.
- Looking ahead, Nigeria Nominal GDP Per Capita is projected to stand at 3,860.079 USD in Dec 2027.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Per Capita: Current Prices: USD.
View Nigeria's Forecast: Nominal GDP Per Capita from 1990 to 2027 in the chart:
What is Nigeria's Forecast: Nominal GDP Per Capita in 2027?
Nigeria Nominal GDP Per Capita is forecasted to be 2,326.230 USD in Dec 2022 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3,860.079 2027 | 3,496.095 2026 | 481.951 1999 | 3,860.079 2027 | USD | yearly | 1990 - 2027 |
Forecast: Nominal GDP Per Capita by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (USD) | 410.933 2023 | yearly | 2002 - 2023 |
| Albania (USD) | 8,469.510 2027 | yearly | 1980 - 2027 |
| Algeria (USD) | 4,637.340 2027 | yearly | 1980 - 2027 |
| Andorra (USD) | 46,920.950 2028 | yearly | 2010 - 2028 |
| Angola (USD) | 3,553.828 2028 | yearly | 1980 - 2028 |
| Antigua and Barbuda (USD) | 21,766.930 2027 | yearly | 1980 - 2027 |
| Argentina (USD) | 14,489.737 2028 | yearly | 1980 - 2028 |
| Armenia (USD) | 8,879.050 2027 | yearly | 1992 - 2027 |
| Aruba (USD) | 42,117.090 2028 | yearly | 1995 - 2028 |
| Australia (USD) | 75,393.910 2027 | yearly | 1980 - 2027 |
| Austria (USD) | 64,008.692 2028 | yearly | 1980 - 2028 |
| Azerbaijan (USD) | 8,511.798 2028 | yearly | 1992 - 2028 |
| Bahamas (USD) | 40,340.584 2028 | yearly | 1980 - 2028 |
| Bahrain (USD) | 31,638.980 2027 | yearly | 1980 - 2027 |
| Bangladesh (USD) | 2,846.756 2024 | yearly | 1980 - 2024 |
| Barbados (USD) | 26,056.630 2027 | yearly | 1980 - 2027 |
| Belarus (USD) | 11,418.300 2027 | yearly | 1992 - 2027 |
| Belgium (USD) | 64,689.995 2029 | yearly | 1980 - 2029 |
| Belize (USD) | 7,571.512 2028 | yearly | 1980 - 2028 |
| Benin (USD) | 1,739.020 2027 | yearly | 1980 - 2027 |
| Bhutan (USD) | 4,729.400 2028 | yearly | 1980 - 2028 |
| Bolivia (USD) | 4,703.350 2028 | yearly | 1980 - 2028 |
| Bosnia and Herzegovina (USD) | 9,127.680 2027 | yearly | 1996 - 2027 |
| Botswana (USD) | 9,225.460 2027 | yearly | 1980 - 2027 |
| Brazil (USD) | 11,570.510 2027 | yearly | 1980 - 2027 |
| Brunei (USD) | 44,913.590 2027 | yearly | 1985 - 2027 |
| Bulgaria (USD) | 17,061.180 2027 | yearly | 1980 - 2027 |
| Burkina Faso (USD) | 1,140.527 2027 | yearly | 1980 - 2027 |
| Burundi (USD) | 363.409 2028 | yearly | 1980 - 2028 |
| Cambodia (USD) | 2,528.940 2027 | yearly | 1986 - 2027 |
| Cameroon (USD) | 1,973.490 2027 | yearly | 1980 - 2027 |
| Canada (USD) | 64,674.355 2029 | yearly | 1980 - 2029 |
| Cape Verde (USD) | 4,793.460 2027 | yearly | 1980 - 2027 |
| Central African Republic (USD) | 622.115 2027 | yearly | 1980 - 2027 |
| Chad (USD) | 840.358 2027 | yearly | 1980 - 2027 |
| Chile (USD) | 20,971.270 2028 | yearly | 1980 - 2028 |
| China (USD) | 18,826.230 2027 | yearly | 1980 - 2027 |
| Colombia (USD) | 7,790.612 2028 | yearly | 1980 - 2028 |
| Comoros (USD) | 1,451.650 2027 | yearly | 1980 - 2027 |
| Congo (USD) | 2,938.810 2027 | yearly | 1980 - 2027 |
| Costa Rica (USD) | 16,115.070 2027 | yearly | 1980 - 2027 |
| Croatia (USD) | 23,248.660 2027 | yearly | 1992 - 2027 |
| Cyprus (USD) | 48,403.116 2029 | yearly | 1980 - 2029 |
| Czech Republic (USD) | 40,079.020 2028 | yearly | 1995 - 2028 |
| Democratic Republic of Congo (USD) | 996.188 2028 | yearly | 1980 - 2028 |
| Denmark (USD) | 78,611.280 2027 | yearly | 1980 - 2027 |
| Djibouti (USD) | 5,281.823 2028 | yearly | 1991 - 2028 |
| Dominica (USD) | 10,727.990 2027 | yearly | 1981 - 2027 |
| Dominican Republic (USD) | 14,479.760 2027 | yearly | 1980 - 2027 |
| Ecuador (USD) | 7,503.562 2028 | yearly | 1980 - 2028 |
| Egypt (USD) | 5,774.770 2027 | yearly | 1980 - 2027 |
| El Salvador (USD) | 6,325.792 2028 | yearly | 1980 - 2028 |
| Equatorial Guinea (USD) | 8,169.760 2027 | yearly | 1980 - 2027 |
| Eritrea (USD) | 965.249 2028 | yearly | 1992 - 2028 |
| Estonia (USD) | 44,584.849 2028 | yearly | 1993 - 2028 |
| Swaziland (USD) | 4,880.000 2027 | yearly | 1980 - 2027 |
| Ethiopia (USD) | 1,751.650 2027 | yearly | 1980 - 2027 |
| Fiji (USD) | 7,761.170 2027 | yearly | 1980 - 2027 |
| Finland (USD) | 59,311.540 2027 | yearly | 1980 - 2027 |
| France (USD) | 49,579.070 2027 | yearly | 1980 - 2027 |
| Gabon (USD) | 11,088.080 2027 | yearly | 1980 - 2027 |
| Gambia (USD) | 1,058.999 2028 | yearly | 1980 - 2028 |
| Georgia (USD) | 10,537.150 2027 | yearly | 1994 - 2027 |
| Germany (USD) | 59,140.690 2027 | yearly | 1980 - 2027 |
| Ghana (USD) | 2,405.940 2027 | yearly | 1980 - 2027 |
| Greece (USD) | 25,227.650 2027 | yearly | 1980 - 2027 |
| Grenada (USD) | 14,300.238 2028 | yearly | 1980 - 2028 |
| Guatemala (USD) | 6,094.950 2027 | yearly | 1980 - 2027 |
| Guinea (USD) | 1,992.199 2028 | yearly | 1990 - 2028 |
| Guinea-Bissau (USD) | 1,111.130 2027 | yearly | 1980 - 2027 |
| Guyana (USD) | 38,988.594 2028 | yearly | 1980 - 2028 |
| Haiti (USD) | 1,941.730 2027 | yearly | 1980 - 2027 |
| Honduras (USD) | 3,555.180 2027 | yearly | 1980 - 2027 |
| Hong Kong SAR, China (USD) | 65,645.284 2028 | yearly | 1980 - 2028 |
| Hungary (USD) | 23,785.429 2028 | yearly | 1980 - 2028 |
| Iceland (USD) | 110,945.675 2029 | yearly | 1980 - 2029 |
| India (USD) | 3,651.670 2028 | yearly | 1981 - 2028 |
| Indonesia (USD) | 6,617.750 2027 | yearly | 1980 - 2027 |
| Iran (USD) | 27,076.790 2028 | yearly | 1981 - 2028 |
| Iraq (USD) | 6,448.270 2027 | yearly | 2003 - 2027 |
| Ireland (USD) | 139,000.623 2028 | yearly | 1980 - 2028 |
| Israel (USD) | 65,625.580 2027 | yearly | 1980 - 2027 |
| Italy (USD) | 46,635.814 2029 | yearly | 1980 - 2029 |
| Ivory Coast (USD) | 3,357.311 2028 | yearly | 1980 - 2028 |
| Jamaica (USD) | 7,621.283 2028 | yearly | 1980 - 2028 |
| Japan (USD) | 42,347.020 2027 | yearly | 1980 - 2027 |
| Jordan (USD) | 6,109.060 2027 | yearly | 1980 - 2027 |
| Kazakhstan (USD) | 13,881.730 2027 | yearly | 1992 - 2027 |
| Kenya (USD) | 2,702.560 2027 | yearly | 1980 - 2027 |
| Kiribati (USD) | 1,925.130 2027 | yearly | 1980 - 2027 |
| South Korea (USD) | 41,380.693 2028 | yearly | 1980 - 2028 |
| Kosovo (USD) | 8,461.544 2029 | yearly | 2000 - 2029 |
| Kuwait (USD) | 33,167.066 2028 | yearly | 1980 - 2028 |
| Kyrgyzstan (USD) | 2,111.765 2028 | yearly | 1992 - 2028 |
| Laos (USD) | 2,189.156 2028 | yearly | 1980 - 2028 |
| Latvia (USD) | 33,119.532 2028 | yearly | 1992 - 2028 |
| Lebanon (USD) | 3,588.710 2020 | yearly | 1980 - 2020 |
| Lesotho (USD) | 1,321.604 2030 | yearly | 1981 - 2030 |
| Liberia (USD) | 873.833 2027 | yearly | 2000 - 2027 |
| Libya (USD) | 7,095.950 2027 | yearly | 1980 - 2027 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doNigeria Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.7 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -3,274.101 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| National Government Debt (USD mn) | 101,710.7 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Government Debt: % of GDP (%) | 49.5 Mar 2024 | quarterly | Dec 2010 - Mar 2024 |
| Forecast: Government Expenditure (NGN bn) | 100,505.650 2029 | yearly | 1990 - 2029 |
| Forecast: Government Net Debt (NGN bn) | 285,181.495 2029 | yearly | 1990 - 2029 |
| Forecast: Government Revenue (NGN bn) | 72,588.069 2029 | yearly | 1990 - 2029 |
| Gross Federation Account Revenue (NGN bn) | 6,285.040 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Revenue (NGN bn) | 2,305.540 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Balance (NGN bn) | -4,533.420 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Expenditure: Capital (NGN bn) | 250.290 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 6,152.970 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Gross Federation Account Revenue: Oil (NGN bn) | 1,733.500 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Expenditure (NGN bn) | 6,838.960 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Government Debt: Domestic (NGN bn) | 53,258.012 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -1.879 2028 | yearly | 1991 - 2028 |
| Trade Balance (USD mn) | 2,786.0 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Total Exports (USD mn) | 4,913.5 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Total Exports Growth (%) | 163.7 Jun 2024 | monthly | Jan 2004 - Jun 2024 |
| Aluminum: Exports (USD th) | 187,832.450 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 2,876.353 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 480.530 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 2,989.3 Mar 2023 | monthly | Jan 2003 - Mar 2023 |
| Total Imports Growth (%) | 83.0 Jun 2024 | monthly | Jan 2004 - Jun 2024 |
| Imports: Medicament (USD th) | 755,360.705 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 508,406.689 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 658.371 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Total Imports from USA (USD mn) | 177.707 Jun 2024 | monthly | Dec 2009 - Jun 2024 |
| Total Exports to China (USD mn) | 160.464 Jun 2024 | monthly | Jan 2007 - Jun 2024 |
| Total Imports from China (USD mn) | 737.510 Jun 2024 | monthly | Jan 2007 - Jun 2024 |
| Imports: Growth Rate: MoM (%) | -35.341 Jun 2024 | monthly | Jan 2019 - Jun 2024 |
| Exports: Crude Oil (NGN mn) | 5,457,219.231 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Total Trade (NGN mn) | 10,433,069.822 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Exports: Growth Rate: MoM (%) | 10.446 Jun 2024 | monthly | Jan 2019 - Jun 2024 |
| Exports (NGN mn) | 7,280,672.000 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Exports: Europe: ow Netherlands (NGN mn) | 434,520.151 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Exports: America: ow USA (NGN mn) | 975,552.174 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Exports: Europe: ow UK (NGN mn) | 4,761.874 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) | 53,170.162 2023 | yearly | 2003 - 2023 |
| Exports: Mineral Products (NGN mn) | 33,075,147.443 2023 | yearly | 2003 - 2023 |
| Exports: Vegetable Products (NGN mn) | 786,963.687 2023 | yearly | 2003 - 2023 |
| Imports: Europe: ow Germany (NGN mn) | 91,725.002 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Asia: ow China (NGN mn) | 1,092,816.851 Jun 2024 | monthly | Jan 2007 - Jun 2024 |
| Imports: Europe: ow Netherlands (NGN mn) | 89,695.701 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: America: ow USA (NGN mn) | 263,320.371 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Europe: ow UK (NGN mn) | 39,682.510 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Food and Live Animals (NGN mn) | 464,465.517 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Chemicals and Chemical Products (NGN mn) | 531,688.790 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports (NGN mn) | 3,152,397.822 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Manufactured Goods (NGN mn) | 415,104.163 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 564,023.272 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Imports: Machinery and Transport Equipment (NGN mn) | 939,658.575 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Export Value Index (2015=100) | 93.461 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 116.198 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -831.3 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Current Account Balance (USD mn) | 5,142.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Current Account Balance: % of GDP (%) | 11.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Foreign Direct Investment (USD mn) | 1,197.6 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Foreign Direct Investment: % of GDP (%) | 1.3 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Foreign Portfolio Investment (USD mn) | 4,416.719 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Foreign Portfolio Investment: % of GDP (%) | 10.0 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -309.3 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 4,726.039 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| External Debt (USD mn) | 42,495.2 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| External Debt: % of GDP (%) | 11.9 2023 | yearly | 1985 - 2023 |
| External Debt: Short Term (USD mn) | 1,005.6 2020 | yearly | 2008 - 2020 |
| External Debt: Short Term: % of GDP (%) | 0.2 2020 | yearly | 2008 - 2020 |
| Forecast: Current Account Balance (USD bn) | -5.481 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | -86,263.760 2023 | yearly | 2005 - 2023 |
| External Debt: Service Payments (USD mn) | 194.440 Dec 2018 | quarterly | Mar 2008 - Dec 2018 |
| External Debt: Government: International Capital Market (USD mn) | 15,118.350 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
| External Debt: Government (USD mn) | 42,495.160 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 6.1 2019 | yearly | 2003 - 2019 |
| Non-Performing Loans (USD mn) | 3,315.011 Mar 2021 | quarterly | Mar 2007 - Mar 2021 |
| Money Supply M1 (USD mn) | 21,896.535 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Money Supply M2 (USD mn) | 67,150.889 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| M2 Growth (%) | 63.3 Aug 2024 | monthly | Nov 1993 - Aug 2024 |
| Reserve Requirement Ratio (%) | 50.0 Oct 2024 | monthly | Nov 2005 - Oct 2024 |
| Foreign Exchange Reserves (USD mn) | 34,762.2 Jun 2024 | monthly | Jan 1960 - Jun 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 14.124 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 16.3 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
| Gold Reserves (USD mn) | 1,599.957 Jun 2024 | monthly | Dec 1950 - Jun 2024 |
| Total Deposits (USD mn) | 84,213.801 Dec 2019 | monthly | Nov 1992 - Dec 2019 |
| Total Deposits Growth (%) | 2.6 Dec 2019 | monthly | Nov 1993 - Dec 2019 |
| Domestic Credit (USD mn) | 73,616.6 Sep 2024 | monthly | Nov 1992 - Sep 2024 |
| Domestic Credit Growth (%) | 33.3 Aug 2024 | monthly | Nov 1993 - Aug 2024 |
| Private Debt: % of Nominal GDP (%) | 20.83 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Monetary Survey: Liabilities: Base Money (NGN mn) | 26,891,229.280 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) | 34,949,935.480 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 72,232,284.010 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Monetary Survey: Liabilities: M2 (NGN mn) | 107,182,219.490 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
| Non Performing Loans to Gross Loans (%) | 4.140 Jun 2023 | semiannually | Dec 2003 - Jun 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 13.8 Sep 2024 | monthly | Jul 2015 - Sep 2024 |
More Indicators for Nigeria
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National Accounts
GDP: by Expenditure: 2010 Price
GDP: by Expenditure: Current Price
GDP: by Income: 2010 Price: Annual
GDP: by Income: Current Price: Annual
GDP: by Industry: 2010 Price: Annual
GDP: by Industry: Current Price: Annual
GDP per Capita
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real
Contribution to GDP
GDP: by Expenditure: 2010 Price Annual
GDP: by Expenditure: Current Price: Annual
GDP: by Income: Current Price
GDP: by Industry: 2010 Price
GDP: by Industry: Current Price
GDP Deflator
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP