Nigeria GDP per Capita
1981 - 2021 | Yearly | USD | CEIC Data
Key information about Nigeria GDP Per Capita
- Nigeria Gross Domestic Product (GDP) per Capita reached 2,057.020 USD in Dec 2021, compared with 2,072.338 USD in Dec 2020.
- Nigeria GDP Per Capita data is updated yearly, available from Dec 1981 to Dec 2021, with an average number of 1,868.471 USD.
- The data reached an all-time high of 3,136.832 USD in Dec 2014 and a record low of 492.767 in Dec 1999.
- CEIC calculates GDP per Capita from annual Nominal GDP and annual Population and converts it into USD. The National Bureau of Statistics provides Nominal GDP in local currency, at basic prices. The Central Bank of Nigeria provides Population. The Central Bank of Nigeria average market exchange rate is used for currency conversions. GDP per Capita prior to 2000 is calculated from Mid-year Population sourced from the International Monetary Fund.
Related information about Nigeria GDP Per Capita data
- In the latest reports, Nigeria GDP expanded 3.518 % YoY in Dec 2022.
- Nigeria Nominal GDP reached 128.609 USD bn in Dec 2022.
- Its GDP deflator (implicit price deflator) increased 11.269 % in Dec 2022.
- Gross Savings Rate of Nigeria was measured at 32.735 % in Dec 2021.
View Nigeria's GDP per Capita from 1981 to 2021 in the chart:
What was Nigeria's GDP per Capita in 2021?
Nigeria Gross Domestic Product (GDP) per Capita reached 2,057.020 USD in Dec 2021, compared with 2,072.338 USD in Dec 2020. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 2,057.020 2021 | 2,072.338 2020 | 492.767 1999 | 3,136.832 2014 | USD | yearly | 1981 - 2021 |
GDP per Capita by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD) | 6,376.075 2021 | yearly | 1984 - 2021 |
| Algeria (USD) | 3,630.400 2021 | yearly | 1963 - 2021 |
| Argentina (USD) | 13,659.387 2022 | yearly | 1962 - 2022 |
| Armenia (USD) | 6,572.248 2022 | yearly | 1994 - 2022 |
| Australia (USD) | 65,005.795 2022 | yearly | 1960 - 2022 |
| Austria (USD) | 53,660.663 2021 | yearly | 1957 - 2021 |
| Azerbaijan (USD) | 7,126.200 2023 | yearly | 1990 - 2023 |
| Bahrain (USD) | 26,120.615 2021 | yearly | 1981 - 2021 |
| Bangladesh (USD) | 2,687.000 2022 | yearly | 1960 - 2022 |
| Belarus (USD) | 7,829.152 2023 | yearly | 1995 - 2023 |
| Belgium (USD) | 49,392.667 2022 | yearly | 1957 - 2022 |
| Bolivia (USD) | 3,137.990 2020 | yearly | 1960 - 2020 |
| Bosnia and Herzegovina (USD) | 7,976.000 2023 | yearly | 2000 - 2023 |
| Botswana (USD) | 7,830.671 2021 | yearly | 1994 - 2021 |
| Brazil (USD) | 7,732.460 2021 | yearly | 1962 - 2021 |
| Brunei (USD) | 37,452.922 2022 | yearly | 1965 - 2022 |
| Bulgaria (USD) | 12,291.055 2021 | yearly | 1985 - 2021 |
| Cambodia (USD) | 2,344.595 2022 | yearly | 1993 - 2022 |
| Canada (USD) | 54,104.301 2022 | yearly | 1971 - 2022 |
| Chile (USD) | 15,158.291 2022 | yearly | 1960 - 2022 |
| China (USD) | 12,621.720 2023 | yearly | 1957 - 2023 |
| Colombia (USD) | 6,239.274 2021 | yearly | 1960 - 2021 |
| Croatia (USD) | 2,178.494 2021 | yearly | 1996 - 2021 |
| Cyprus (USD) | 31,114.992 2022 | yearly | 1995 - 2022 |
| Czech Republic (USD) | 27,566.510 2022 | yearly | 1990 - 2022 |
| Denmark (USD) | 67,743.599 2022 | yearly | 1966 - 2022 |
| Ecuador (USD) | 5,670.330 2020 | yearly | 1960 - 2020 |
| Egypt (USD) | 4,585.331 2022 | yearly | 1982 - 2022 |
| Estonia (USD) | 28,567.539 2022 | yearly | 1993 - 2022 |
| European Union (USD) | 38,454.191 2021 | yearly | 1999 - 2021 |
| Finland (USD) | 50,836.576 2022 | yearly | 1960 - 2022 |
| France (USD) | 43,359.790 2021 | yearly | 1957 - 2021 |
| Georgia (USD) | 5,023.229 2021 | yearly | 1993 - 2021 |
| Germany (USD) | 48,562.101 2022 | yearly | 1970 - 2022 |
| Ghana (USD) | 2,353.040 2022 | yearly | 1960 - 2022 |
| Greece (USD) | 20,192.496 2021 | yearly | 1960 - 2021 |
| Hong Kong SAR, China (USD) | 49,146.654 2022 | yearly | 1961 - 2022 |
| Hungary (USD) | 18,719.000 2021 | yearly | 1991 - 2021 |
| Iceland (USD) | 72,684.247 2022 | yearly | 1960 - 2022 |
| India (USD) | 2,301.418 2022 | yearly | 1958 - 2022 |
| Indonesia (USD) | 4,783.269 2022 | yearly | 2010 - 2022 |
| Iran (USD) | 11,556.954 2021 | yearly | 1960 - 2021 |
| Ireland (USD) | 85,376.592 2020 | yearly | 2000 - 2020 |
| Israel (USD) | 52,366.430 2023 | yearly | 1995 - 2023 |
| Italy (USD) | 35,643.132 2021 | yearly | 1957 - 2021 |
| Ivory Coast (USD) | 2,272.556 2022 | yearly | 1960 - 2022 |
| Japan (USD) | 33,911.210 2022 | yearly | 1957 - 2022 |
| Jordan (USD) | 4,142.967 2021 | yearly | 1957 - 2021 |
| Kazakhstan (USD) | 13,193.700 2023 | yearly | 1993 - 2023 |
| Kenya (USD) | 2,235.994 2021 | yearly | 2006 - 2021 |
| South Korea (USD) | 35,569.900 2023 | yearly | 1953 - 2023 |
| Kosovo (USD) | 5,305.641 2021 | yearly | 2000 - 2021 |
| Kuwait (USD) | 22,682.592 2020 | yearly | 1993 - 2020 |
| Kyrgyzstan (USD) | 1,295.430 2021 | yearly | 1994 - 2021 |
| Laos (USD) | 2,595.000 2021 | yearly | 1984 - 2021 |
| Latvia (USD) | 21,786.804 2022 | yearly | 1995 - 2022 |
| Lebanon (USD) | 9,300.837 2020 | yearly | 1997 - 2020 |
| Lithuania (USD) | 26,750.600 2022 | yearly | 1994 - 2022 |
| Luxembourg (USD) | 132,485.619 2021 | yearly | 1995 - 2021 |
| Macau SAR, China (USD) | 32,418.334 2022 | yearly | 1982 - 2022 |
| North Macedonia (USD) | 5,975.851 2020 | yearly | 1994 - 2020 |
| Malawi (USD) | 655.000 2021 | yearly | 1960 - 2021 |
| Malaysia (USD) | 12,471.769 2022 | yearly | 1957 - 2022 |
| Malta (USD) | 33,532.213 2022 | yearly | 2000 - 2022 |
| Mauritius (USD) | 10,134.349 2022 | yearly | 1976 - 2022 |
| Mexico (USD) | 10,934.885 2022 | yearly | 1993 - 2022 |
| Moldova (USD) | 5,719.317 2022 | yearly | 2010 - 2022 |
| Mongolia (USD) | 4,482.907 2021 | yearly | 1991 - 2021 |
| Montenegro (USD) | 9,464.241 2021 | yearly | 2000 - 2021 |
| Morocco (USD) | 3,934.243 2021 | yearly | 1960 - 2021 |
| Mozambique (USD) | 466.557 2020 | yearly | 1991 - 2020 |
| Myanmar (USD) | 1,318.623 2021 | yearly | 1985 - 2021 |
| Nepal (USD) | 1,399.011 2023 | yearly | 1960 - 2023 |
| Netherlands (USD) | 57,578.343 2021 | yearly | 1960 - 2021 |
| New Zealand (USD) | 47,396.679 2024 | yearly | 1961 - 2024 |
| Nigeria (USD) | 2,057.020 2021 | yearly | 1981 - 2021 |
| Norway (USD) | 89,114.684 2021 | yearly | 1915 - 2021 |
| Oman (USD) | 23,240.897 2022 | yearly | 1980 - 2022 |
| Pakistan (USD) | 1,551.180 2021 | yearly | 1960 - 2021 |
| Palestinian Territory (USD) | 3,367.000 2023 | yearly | 1994 - 2023 |
| Panama (USD) | 14,339.427 2016 | yearly | 1950 - 2016 |
| Paraguay (USD) | 5,692.830 2023 | yearly | 1950 - 2023 |
| Peru (USD) | 6,963.308 2022 | yearly | 1991 - 2022 |
| Philippines (USD) | 3,623.316 2022 | yearly | 1950 - 2022 |
| Poland (USD) | 18,221.636 2022 | yearly | 1965 - 2022 |
| Portugal (USD) | 27,832.655 2023 | yearly | 1960 - 2023 |
| Qatar (USD) | 65,274.725 2021 | yearly | 2000 - 2021 |
| Romania (USD) | 14,987.806 2021 | yearly | 1981 - 2021 |
| Russia (USD) | 12,593.146 2021 | yearly | 1992 - 2021 |
| Saudi Arabia (USD) | 34,441.065 2022 | yearly | 1963 - 2022 |
| Serbia (USD) | 12,280.000 2023 | yearly | 1995 - 2023 |
| Singapore (USD) | 84,714.000 2023 | yearly | 1960 - 2023 |
| Slovakia (USD) | 20,578.587 2022 | yearly | 1995 - 2022 |
| Slovenia (USD) | 32,172.000 2023 | yearly | 1980 - 2023 |
| South Africa (USD) | 6,667.325 2022 | yearly | 1957 - 2022 |
| Spain (USD) | 27,002.608 2020 | yearly | 1960 - 2020 |
| Sri Lanka (USD) | 3,833.000 2023 | yearly | 1959 - 2023 |
| Sudan (USD) | 2,825.832 2016 | yearly | 1970 - 2016 |
| Sweden (USD) | 52,838.491 2020 | yearly | 1957 - 2020 |
| Switzerland (USD) | 91,640.930 2021 | yearly | 1980 - 2021 |
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) | 88,444.7 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
| Government Debt: % of GDP (%) | 52.8 Jun 2024 | quarterly | Dec 2010 - Jun 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 |
| 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 (NGN bn) | 6,285.040 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Expenditure (NGN bn) | 6,838.960 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 Revenue (NGN bn) | 2,305.540 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Government Debt: Domestic (NGN bn) | 66,957.878 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -1.879 2028 | yearly | 1991 - 2028 |
| Trade Balance (USD mn) | 1,027.6 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Total Exports (USD mn) | 3,738.1 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Total Exports Growth (%) | 56.4 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
| Aluminum: Exports (USD th) | 187,832.450 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,530.686 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 329.199 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 2,989.3 Mar 2023 | monthly | Jan 2003 - Mar 2023 |
| Total Imports Growth (%) | 62.9 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
| Imports: Medicament (USD th) | 614,222.259 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 227,440.624 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 124.857 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Total Imports from USA (USD mn) | 275.937 Sep 2024 | monthly | Dec 2009 - Sep 2024 |
| Total Exports to China (USD mn) | 105.763 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Total Imports from China (USD mn) | 802.488 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Imports (NGN mn) | 4,384,900.258 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Crude Oil (NGN mn) | 3,905,247.850 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Total Trade (NGN mn) | 10,432,090.965 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Growth Rate: MoM (%) | -35.341 Jun 2024 | monthly | Jan 2019 - Jun 2024 |
| Exports: Growth Rate: MoM (%) | 10.446 Jun 2024 | monthly | Jan 2019 - Jun 2024 |
| Exports (NGN mn) | 6,047,190.706 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Europe: ow Netherlands (NGN mn) | 261,930.167 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: America: ow USA (NGN mn) | 201,983.472 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Europe: ow UK (NGN mn) | 180,704.134 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Vegetable Products (NGN mn) | 786,963.687 2023 | yearly | 2003 - 2023 |
| Exports: Mineral Products (NGN mn) | 33,075,147.443 2023 | yearly | 2003 - 2023 |
| Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) | 53,170.162 2023 | yearly | 2003 - 2023 |
| Imports: Europe: ow Netherlands (NGN mn) | 201,091.335 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Europe: ow Germany (NGN mn) | 135,143.103 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Europe: ow UK (NGN mn) | 134,085.602 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: America: ow USA (NGN mn) | 446,388.165 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Asia: ow China (NGN mn) | 1,298,198.961 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 1,024,863.121 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Chemicals and Chemical Products (NGN mn) | 614,100.231 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Food and Live Animals (NGN mn) | 455,343.676 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Manufactured Goods (NGN mn) | 488,494.173 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Machinery and Transport Equipment (NGN mn) | 1,432,150.870 Sep 2024 | monthly | Jan 2003 - Sep 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) | 42,901.0 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
| 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 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| External Debt: Government (USD mn) | 42,901.010 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
| 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 Nov 2024 | monthly | Nov 2005 - Nov 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) | 10.7 Aug 2024 | monthly | Jan 2003 - Aug 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) | 12.8 Oct 2024 | monthly | Jul 2015 - Oct 2024 |
More Indicators for Nigeria
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
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