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:
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) | 7,283.800 2024 | yearly | 1990 - 2024 |
| Bahrain (USD) | 29,535.929 2024 | yearly | 1981 - 2024 |
| Bangladesh (USD) | 2,670.748 2025 | yearly | 1960 - 2025 |
| Belarus (USD) | 8,317.747 2024 | yearly | 1995 - 2024 |
| 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) | 2,674.458 2024 | yearly | 1993 - 2024 |
| Canada (USD) | 54,733.470 2025 | yearly | 1971 - 2025 |
| Chile (USD) | 16,395.246 2024 | yearly | 1960 - 2024 |
| China (USD) | 13,306.173 2024 | yearly | 1957 - 2024 |
| 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) | 54,382.477 2024 | yearly | 1995 - 2024 |
| 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) | 14,444.600 2024 | yearly | 1993 - 2024 |
| Kenya (USD) | 2,295.251 2024 | yearly | 2006 - 2024 |
| South Korea (USD) | 36,222.600 2024 | yearly | 1953 - 2024 |
| 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) | 6,731.637 2023 | yearly | 2010 - 2023 |
| 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) | 1,116.432 2022 | yearly | 1985 - 2022 |
| Nepal (USD) | 1,496.214 2025 | yearly | 1960 - 2025 |
| Netherlands (USD) | 67,281.298 2024 | yearly | 1960 - 2024 |
| New Zealand (USD) | 48,319.462 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) | 2,610.200 2024 | yearly | 1994 - 2024 |
| Panama (USD) | 14,339.427 2016 | yearly | 1950 - 2016 |
| Paraguay (USD) | 7,051.613 2024 | yearly | 1950 - 2024 |
| 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) | 28,873.773 2024 | yearly | 1960 - 2024 |
| 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) | 90,689.000 2024 | yearly | 1960 - 2024 |
| Slovakia (USD) | 25,795.605 2024 | yearly | 1995 - 2024 |
| Slovenia (USD) | 34,085.000 2024 | yearly | 1980 - 2024 |
| South Africa (USD) | 6,474.783 2024 | yearly | 1957 - 2024 |
| Spain (USD) | 35,295.094 2024 | yearly | 1960 - 2024 |
| Sri Lanka (USD) | 4,522.000 2024 | yearly | 1959 - 2024 |
| 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 |
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 (%) | -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) | 97,066.2 Jun 2025 | quarterly | Dec 2006 - Jun 2025 |
| Government Debt: % of GDP (%) | 37.5 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Forecast: Government Expenditure (NGN bn) | 109,186.865 2030 | yearly | 1990 - 2030 |
| Forecast: Government Net Debt (NGN bn) | 295,803.687 2030 | yearly | 1990 - 2030 |
| Forecast: Government Revenue (NGN bn) | 80,747.215 2030 | yearly | 1990 - 2030 |
| Federal Govt Expenditure: Capital (NGN bn) | 1,415.860 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Expenditure (NGN bn) | 5,584.150 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 3,732.590 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Balance (NGN bn) | -3,301.610 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Gross Federation Account Revenue (NGN bn) | 6,865.840 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Gross Federation Account Revenue: Oil (NGN bn) | 1,304.960 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Federal Govt Revenue (NGN bn) | 2,282.540 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Government Debt: Domestic (NGN bn) | 69,219.806 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -1.879 2028 | yearly | 1991 - 2028 |
| Trade Balance (USD mn) | 2,213.2 Jun 2025 | monthly | Jan 2003 - Jun 2025 |
| Total Exports (USD mn) | 4,858.0 Jun 2025 | monthly | Jan 2003 - Jun 2025 |
| Total Exports Growth (%) | 22.6 Jun 2025 | monthly | Jan 2004 - Jun 2025 |
| Aluminum: Exports (USD th) | 242,851.843 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 2,102.688 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 578.589 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 2,644.8 Jun 2025 | monthly | Jan 2003 - Jun 2025 |
| Total Imports Growth (%) | 2.5 Jun 2025 | monthly | Jan 2004 - Jun 2025 |
| Imports: Medicament (USD th) | 605,905.663 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 335,165.261 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 264.685 Jun 2025 | monthly | Jan 2003 - Jun 2025 |
| Total Imports from USA (USD mn) | 503.329 Jun 2025 | monthly | Dec 2009 - Jun 2025 |
| Total Exports to China (USD mn) | 174.147 Jun 2025 | monthly | Jan 2007 - Jun 2025 |
| Total Imports from China (USD mn) | 1,013.525 Jun 2025 | monthly | Jan 2007 - Jun 2025 |
| 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 (%) | -17.535 Sep 2024 | monthly | Jan 2019 - Sep 2024 |
| Exports: Growth Rate: MoM (%) | -17.669 Sep 2024 | monthly | Jan 2019 - Sep 2024 |
| Exports: America: ow USA (NGN mn) | 201,983.472 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports (NGN mn) | 6,047,190.706 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Europe: ow UK (NGN mn) | 180,704.134 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Europe: ow Netherlands (NGN mn) | 261,930.167 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) | 53,170.162 2023 | yearly | 2003 - 2023 |
| 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 |
| Imports: Europe: ow Netherlands (NGN mn) | 201,091.335 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: America: ow USA (NGN mn) | 446,388.165 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Europe: ow UK (NGN mn) | 134,085.602 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Europe: ow Germany (NGN mn) | 135,143.103 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: 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: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 1,024,863.121 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) | -551.1 Mar 2025 | quarterly | Mar 2008 - Mar 2025 |
| Current Account Balance (USD mn) | 3,726.7 Mar 2025 | quarterly | Mar 2014 - Mar 2025 |
| Current Account Balance: % of GDP (%) | 11.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Foreign Direct Investment (USD mn) | 246.9 Mar 2025 | quarterly | Mar 2014 - Mar 2025 |
| Foreign Direct Investment: % of GDP (%) | 0.4 Mar 2025 | quarterly | Mar 2010 - Mar 2025 |
| Foreign Portfolio Investment (USD mn) | -5,026.384 Mar 2025 | quarterly | Mar 2008 - Mar 2025 |
| Foreign Portfolio Investment: % of GDP (%) | -8.1 Mar 2025 | quarterly | Mar 2010 - Mar 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -133.9 Mar 2025 | quarterly | Mar 2008 - Mar 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -4,892.510 Mar 2025 | quarterly | Mar 2008 - Mar 2025 |
| External Debt (USD mn) | 46,983.4 Jun 2025 | quarterly | Dec 2006 - Jun 2025 |
| External Debt: % of GDP (%) | 18.6 2024 | yearly | 1985 - 2024 |
| 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) | 2.643 2030 | yearly | 1980 - 2030 |
| Net International Investment Position (USD mn) | -68,555.096 2024 | yearly | 2005 - 2024 |
| External Debt: Service Payments (USD mn) | 194.440 Dec 2018 | quarterly | Mar 2008 - Dec 2018 |
| External Debt: Government (USD mn) | 43,026.550 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| External Debt: Government: International Capital Market (USD mn) | 15,118.350 Sep 2024 | quarterly | Mar 2011 - Sep 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) | 27,684.996 Oct 2025 | monthly | Apr 1990 - Oct 2025 |
| Money Supply M2 (USD mn) | 83,749.939 Oct 2025 | monthly | Apr 1990 - Oct 2025 |
| M2 Growth (%) | 10.2 Oct 2025 | monthly | Apr 1991 - Oct 2025 |
| Reserve Requirement Ratio (%) | 45.0 Oct 2025 | monthly | Nov 2005 - Oct 2025 |
| Foreign Exchange Reserves (USD mn) | 38,880.0 Jan 2025 | monthly | Jan 1960 - Jan 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 16.359 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 10.9 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Gold Reserves (USD mn) | 2,152.409 Mar 2025 | monthly | Dec 1950 - Mar 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) | 69,798.2 Oct 2025 | monthly | Apr 1990 - Oct 2025 |
| Domestic Credit Growth (%) | -12.6 Oct 2025 | monthly | Apr 1991 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 15.41 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Monetary Survey: Liabilities: M2 (NGN mn) | 110,972,270.500 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 74,077,851.830 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) | 36,894,418.660 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
| Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
| Monetary Survey: Liabilities: Base Money (NGN mn) | 32,659,076.490 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| 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) | 8.6 Nov 2025 | monthly | Jul 2015 - Nov 2025 |
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