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Sub-Saharan Africa

Nigeria GDP per Capita

Gross Domestic Product divided by midyear population, in current US dollars.

Latest Value

$1,084.16

As of 2024

YoY Change

-49.3%

2023 → 2024

Record High

$3,189.813

Recorded in 2019

Record Low

$93.137

Recorded in 1960

10-Year Average

$2,348.694

2015–2024

Data Range

1960–2024

65 data points

Source

World Bank

Code: NY.GDP.PCAP.CD

Historical Trend

19602024

Analysis

Nigeria's GDP per capita stands at 1,084.16 current US dollars as of 2024, indicating a modest level of economic output per person. This figure positions Nigeria among lower-middle-income countries, reflecting the nation's ongoing development challenges and opportunities. The country's large population and significant economic growth potential underscore the need for sustained policy efforts to improve living standards.

Historical Data

ValueYoY ChangeChange %
2024$1,084.16$1,054.603-49.3%
2023$2,138.764$760.397-26.2%
2022$2,899.16$111.673+4.0%
2021$2,787.488$9.697-0.3%
2020$2,797.185$392.628-12.3%
2019$3,189.813$1,131.933+55.0%
2018$2,057.879$181.539+9.7%
2017$1,876.34$194.072-9.4%
2016$2,070.413$515.321-19.9%
2015$2,585.734$502.988-16.3%

Source: World Bank Open Data · 1960–2024