
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
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
| Value | YoY Change | Change % | |
|---|---|---|---|
| 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
Neighbouring Countries Ranking
Sub-Saharan Africa · GDP per Capita
Similar Rankings
Global · GDP per Capita