Nigeria GDP per Capita

1981 - 2022 | Yearly | USD | CEIC Data

Key information about Nigeria GDP Per Capita

  • Nigeria Gross Domestic Product (GDP) per Capita reached 2,955.323 USD in Dec 2022, compared with 2,853.939 USD in Dec 2021.
  • Nigeria GDP Per Capita data is updated yearly, available from Dec 1981 to Dec 2022, with an average number of 581.492 USD.
  • The data reached an all-time high of 3,315.550 USD in Dec 2019 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 and 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 4.233 % YoY in Jun 2025.
  • Nigeria Nominal GDP reached 63.773 USD bn in Jun 2025.
  • Its GDP deflator (implicit price deflator) fell 55.656 % in Mar 2025.
  • Gross Savings Rate of Nigeria was measured at 48.458 % in Dec 2024.

View Nigeria's GDP per Capita from 1981 to 2022 in the chart:

Nigeria GDP per Capita

What was Nigeria's GDP per Capita in 2022?

Nigeria Gross Domestic Product (GDP) per Capita reached 2,955.323 USD in Dec 2022, compared with 2,853.939 USD in Dec 2021. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2,955.323 2022 2,853.939 2021 492.767 1999 3,315.550 2019 USD yearly 1981 - 2022

GDP per Capita by Country Comparison

country/region Last Frequency Range
Albania (USD) 6,867.696 2022 yearly 1980 - 2022
Algeria (USD) 3,630.400 2021 yearly 1963 - 2021
Argentina (USD) 13,765.315 2024 yearly 1960 - 2024
Armenia (USD) 8,555.659 2024 yearly 1994 - 2024
Australia (USD) 65,655.829 2025 yearly 1960 - 2025
Austria (USD) 58,226.036 2024 yearly 1957 - 2024
Azerbaijan (USD) 7,413.100 2025 yearly 1990 - 2025
Bahrain (USD) 29,535.929 2024 yearly 1981 - 2024
Bangladesh (USD) 2,670.748 2025 yearly 1960 - 2025
Belarus (USD) 10,282.614 2025 yearly 1995 - 2025
Belgium (USD) 56,730.671 2024 yearly 1957 - 2024
Bolivia (USD) 3,688.560 2023 yearly 1960 - 2023
Bosnia and Herzegovina (USD) 8,567.000 2024 yearly 2000 - 2024
Botswana (USD) 7,712.303 2024 yearly 1994 - 2024
Brazil (USD) 10,247.330 2024 yearly 1962 - 2024
Brunei (USD) 33,679.046 2024 yearly 1965 - 2024
Bulgaria (USD) 17,607.065 2024 yearly 1985 - 2024
Cambodia (USD) 2,895.345 2025 yearly 1993 - 2025
Canada (USD) 54,733.470 2025 yearly 1971 - 2025
Chile (USD) 16,395.246 2024 yearly 1960 - 2024
China (USD) 13,866.033 2025 yearly 1957 - 2025
Colombia (USD) 7,336.549 2024 yearly 1960 - 2024
Croatia (USD) 23,162.303 2024 yearly 1996 - 2024
Cyprus (USD) 37,303.582 2024 yearly 1995 - 2024
Czech Republic (USD) 31,807.431 2024 yearly 1990 - 2024
Denmark (USD) 71,005.231 2024 yearly 1966 - 2024
Ecuador (USD) 6,939.335 2024 yearly 1960 - 2024
Egypt (USD) 3,598.326 2024 yearly 1982 - 2024
Estonia (USD) 31,351.423 2024 yearly 1993 - 2024
European Union (USD) 41,541.357 2023 yearly 1999 - 2023
Finland (USD) 53,101.092 2024 yearly 1960 - 2024
France (USD) 46,068.852 2024 yearly 1957 - 2024
Georgia (USD) 9,241.491 2024 yearly 1993 - 2024
Germany (USD) 56,061.368 2024 yearly 1960 - 2024
Ghana (USD) 2,513.105 2024 yearly 1960 - 2024
Greece (USD) 24,733.727 2024 yearly 1960 - 2024
Hong Kong SAR, China (USD) 54,081.521 2024 yearly 1961 - 2024
Hungary (USD) 23,321.000 2024 yearly 1968 - 2024
Iceland (USD) 86,472.856 2024 yearly 1960 - 2024
India (USD) 2,777.570 2025 yearly 1958 - 2025
Indonesia (USD) 4,958.385 2024 yearly 2010 - 2024
Iran (USD) 49,404.346 2024 yearly 1960 - 2024
Ireland (USD) 113,135.909 2024 yearly 2000 - 2024
Israel (USD) 60,521.632 2025 yearly 1995 - 2025
Italy (USD) 38,230.554 2023 yearly 1957 - 2023
Ivory Coast (USD) 2,757.523 2023 yearly 1960 - 2023
Japan (USD) 32,434.398 2024 yearly 1957 - 2024
Jordan (USD) 4,553.225 2024 yearly 1957 - 2024
Kazakhstan (USD) 15,005.400 2025 yearly 1993 - 2025
Kenya (USD) 2,295.251 2024 yearly 2006 - 2024
South Korea (USD) 36,414.000 2025 yearly 1953 - 2025
Kosovo (USD) 7,060.288 2024 yearly 2000 - 2024
Kuwait (USD) 32,121.103 2024 yearly 1993 - 2024
Kyrgyzstan (USD) 2,400.257 2024 yearly 1994 - 2024
Laos (USD) 1,970.000 2024 yearly 1984 - 2024
Latvia (USD) 23,407.484 2024 yearly 1995 - 2024
Lebanon (USD) 34,460.320 2023 yearly 1997 - 2023
Lithuania (USD) 29,604.322 2024 yearly 1994 - 2024
Luxembourg (USD) 136,677.826 2024 yearly 1995 - 2024
Macau SAR, China (USD) 72,109.643 2024 yearly 1982 - 2024
North Macedonia (USD) 9,154.553 2024 yearly 1994 - 2024
Malawi (USD) 558.800 2024 yearly 1960 - 2024
Malaysia (USD) 12,405.661 2024 yearly 1957 - 2024
Malta (USD) 43,941.022 2024 yearly 1995 - 2024
Mauritius (USD) 11,983.116 2024 yearly 1960 - 2024
Mexico (USD) 13,922.959 2024 yearly 1993 - 2024
Moldova (USD) 7,578.900 2024 yearly 2010 - 2024
Mongolia (USD) 6,653.579 2024 yearly 1991 - 2024
Montenegro (USD) 13,260.131 2024 yearly 2000 - 2024
Morocco (USD) 4,366.111 2024 yearly 1960 - 2024
Mozambique (USD) 646.000 2023 yearly 1991 - 2023
Myanmar (USD) 1,186.950 2023 yearly 1985 - 2023
Nepal (USD) 1,496.214 2025 yearly 1960 - 2025
Netherlands (USD) 67,281.298 2024 yearly 1960 - 2024
New Zealand (USD) 48,293.354 2025 yearly 1961 - 2025
Nigeria (USD) 2,955.323 2022 yearly 1981 - 2022
Norway (USD) 86,723.790 2024 yearly 1915 - 2024
Oman (USD) 20,337.079 2024 yearly 1980 - 2024
Pakistan (USD) 1,396.476 2023 yearly 1960 - 2023
Palestinian Territory (USD) 3,203.900 2025 yearly 1994 - 2025
Panama (USD) 14,339.427 2016 yearly 1950 - 2016
Paraguay (USD) 7,747.665 2025 yearly 1950 - 2025
Peru (USD) 9,051.574 2025 yearly 1991 - 2025
Philippines (USD) 1,954.615 2024 yearly 1950 - 2024
Poland (USD) 24,477.281 2024 yearly 1965 - 2024
Portugal (USD) 32,019.344 2025 yearly 1960 - 2025
Qatar (USD) 69,532.967 2023 yearly 2000 - 2023
Romania (USD) 20,096.974 2024 yearly 1981 - 2024
Russia (USD) 13,817.046 2023 yearly 1992 - 2023
Saudi Arabia (USD) 35,121.663 2024 yearly 1963 - 2024
Serbia (USD) 13,679.200 2024 yearly 1995 - 2024
Singapore (USD) 98,878.000 2025 yearly 1960 - 2025
Slovakia (USD) 25,795.605 2024 yearly 1995 - 2024
Slovenia (USD) 37,360.000 2025 yearly 1980 - 2025
South Africa (USD) 6,474.783 2024 yearly 1957 - 2024
Spain (USD) 35,295.094 2024 yearly 1960 - 2024
Sri Lanka (USD) 5,006.000 2025 yearly 1959 - 2025
Sudan (USD) 2,825.832 2016 yearly 1970 - 2016
Sweden (USD) 54,970.010 2023 yearly 1957 - 2023
Switzerland (USD) 107,134.807 2024 yearly 1980 - 2024

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Nigeria Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.0 Dec 2024 quarterly Dec 2010 - Dec 2024
Consolidated Fiscal Balance (USD mn) -1,902.660 Dec 2024 quarterly Mar 2005 - Dec 2024
National Government Debt (USD mn) 107,935.8 Dec 2025 quarterly Dec 2006 - Dec 2025
Government Debt: % of GDP (%) 35.9 Dec 2025 quarterly Dec 2010 - Dec 2025
Forecast: Government Expenditure (NGN bn) 129,829.781 2031 yearly 1990 - 2031
Forecast: Government Net Debt (NGN bn) 318,517.716 2031 yearly 1990 - 2031
Forecast: Government Revenue (NGN bn) 110,023.853 2031 yearly 1990 - 2031
Government Debt: Domestic (NGN bn) 80,488.865 Dec 2025 quarterly Dec 2005 - Dec 2025
Federal Govt Balance (NGN bn) -3,084.970 Dec 2024 quarterly Mar 2005 - Dec 2024
Federal Govt Expenditure: Recurrent (NGN bn) 4,210.940 Dec 2024 quarterly Mar 2005 - Dec 2024
Federal Govt Expenditure: Capital (NGN bn) 958.160 Dec 2024 quarterly Mar 2005 - Dec 2024
Federal Govt Expenditure (NGN bn) 5,604.790 Dec 2024 quarterly Mar 2005 - Dec 2024
Federal Govt Revenue (NGN bn) 2,519.820 Dec 2024 quarterly Mar 2005 - Dec 2024
Gross Federation Account Revenue (NGN bn) 8,626.160 Dec 2025 quarterly Mar 2005 - Dec 2025
Gross Federation Account Revenue: Oil (NGN bn) 3,470.680 Dec 2025 quarterly Mar 2005 - Dec 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 3,004.1 Mar 2026 monthly Jan 2003 - Mar 2026
Total Exports (USD mn) 6,439.6 Mar 2026 monthly Jan 2003 - Mar 2026
Total Exports Growth (%) 30.7 Mar 2026 monthly Jan 2004 - Mar 2026
Aluminum: Exports (USD th) 242,851.843 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 2,667.217 2025 yearly 1995 - 2025
Exports: Medicinal and Pharmaceutical Product (USD th) 558.096 2025 yearly 1995 - 2025
Total Imports (USD mn) 2,644.8 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports Growth (%) -16.2 Mar 2026 monthly Jan 2004 - Mar 2026
Imports: Medicament (USD th) 514,048.055 2025 yearly 1995 - 2025
Imports: Medicinal and Pharmaceutical Product (USD th) 256,301.450 2025 yearly 1995 - 2025
Total Exports to USA (USD mn) 324.235 Mar 2026 monthly Jan 2003 - Mar 2026
Total Imports from USA (USD mn) 1,121.807 Mar 2026 monthly Dec 2009 - Mar 2026
Total Exports to China (USD mn) 78.524 Mar 2026 monthly Jan 2007 - Mar 2026
Total Imports from China (USD mn) 1,119.692 Mar 2026 monthly Jan 2007 - Mar 2026
Exports: Mineral Products (NGN mn) 73,459,088.314 2025 yearly 2003 - 2025
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 244,171.194 2025 yearly 2003 - 2025
Exports: Vegetable Products (NGN mn) 1,539,822.759 2025 yearly 2003 - 2025
Exports: Europe: ow Netherlands (NGN mn) 791,854.048 Mar 2026 monthly Jan 2003 - Mar 2026
Exports (NGN mn) 8,879,063.634 Mar 2026 monthly Jan 2003 - Mar 2026
Exports: America: ow USA (NGN mn) 447,061.290 Mar 2026 monthly Jan 2003 - Mar 2026
Exports: Europe: ow UK (NGN mn) 114,530.117 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 1,553,430.417 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Food and Live Animals (NGN mn) 422,824.939 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Manufactured Goods (NGN mn) 496,244.386 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Machinery and Transport Equipment (NGN mn) 1,422,618.451 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Chemicals and Chemical Products (NGN mn) 570,118.418 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Europe: ow Netherlands (NGN mn) 57,374.515 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Europe: ow UK (NGN mn) 67,040.903 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Europe: ow Germany (NGN mn) 98,556.391 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: America: ow USA (NGN mn) 1,546,767.888 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Asia: ow China (NGN mn) 1,543,851.231 Mar 2026 monthly Jan 2007 - Mar 2026
Imports (NGN mn) 4,736,895.023 Mar 2026 monthly Jan 2003 - Mar 2026
Exports: Crude Oil (NGN mn) 4,837,276.909 Mar 2026 monthly Jan 2003 - Mar 2026
Total Trade (NGN mn) 13,615,958.657 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Growth Rate: MoM (%) 5.042 Mar 2026 monthly Jan 2019 - Mar 2026
Exports: Growth Rate: MoM (%) 49.461 Mar 2026 monthly Jan 2019 - Mar 2026
Export Value Index (2015=100) 106.400 2024 yearly 2005 - 2024
Import Value Index (2015=100) 91.600 2024 yearly 2005 - 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 673.0 Dec 2025 quarterly Mar 2008 - Dec 2025
Current Account Balance (USD mn) 1,397.2 Dec 2025 quarterly Mar 2014 - Dec 2025
Current Account Balance: % of GDP (%) 1.6 Dec 2025 quarterly Mar 2014 - Dec 2025
Foreign Direct Investment (USD mn) 1,113.0 Dec 2025 quarterly Mar 2014 - Dec 2025
Foreign Direct Investment: % of GDP (%) 1.3 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Portfolio Investment (USD mn) 5,270.221 Dec 2025 quarterly Mar 2008 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 6.2 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 325.0 Dec 2025 quarterly Mar 2008 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 4,945.254 Dec 2025 quarterly Mar 2008 - Dec 2025
External Debt (USD mn) 51,856.0 Dec 2025 quarterly Dec 2006 - Dec 2025
External Debt: % of GDP (%) 12.0 2025 yearly 1985 - 2025
External Debt: Short Term (USD mn) 1,513.7 2022 yearly 2008 - 2022
External Debt: Short Term: % of GDP (%) 0.2 2022 yearly 2008 - 2022
Forecast: Current Account Balance (USD bn) 16.466 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) -90,151.210 2025 yearly 2005 - 2025
External Debt: Government (USD mn) 51,856.030 Dec 2025 quarterly Dec 2006 - Dec 2025
External Debt: Government: International Capital Market (USD mn) 18,547.470 Dec 2025 quarterly Mar 2011 - Dec 2025
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
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) 32,502.999 May 2026 monthly Apr 1990 - May 2026
Money Supply M2 (USD mn) 94,118.070 May 2026 monthly Apr 1990 - May 2026
M2 Growth (%) 8.4 May 2026 monthly Apr 1991 - May 2026
Reserve Requirement Ratio (%) 45.0 Jun 2026 monthly Nov 2005 - Jun 2026
Foreign Exchange Reserves (USD mn) 45,752.8 Dec 2025 monthly Jan 1960 - Dec 2025
Foreign Exchange Reserves: % of GDP (%) 16.055 Dec 2025 quarterly Dec 2010 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 11.1 Dec 2025 monthly Jan 2003 - Dec 2025
Gold Reserves (USD mn) 2,978.457 Dec 2025 monthly Dec 1950 - Dec 2025
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) 88,450.2 May 2026 monthly Apr 1990 - May 2026
Domestic Credit Growth (%) 20.3 May 2026 monthly Apr 1991 - May 2026
Private Debt: % of Nominal GDP (%) 20.83 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: M2: M1 (NGN mn) 44,618,638.730 May 2026 monthly Apr 1990 - May 2026
Monetary Survey: Liabilities: Base Money (NGN mn) 39,452,673.590 May 2026 monthly Apr 1990 - May 2026
Monetary Survey: Liabilities: M2 (NGN mn) 129,201,004.570 May 2026 monthly Apr 1990 - May 2026
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 84,582,365.840 May 2026 monthly Apr 1990 - May 2026
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 5.760 Jun 2025 semiannually Dec 2003 - Jun 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -5.2 Jun 2026 monthly Jul 2015 - Jun 2026

More Indicators for Nigeria

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