Nigeria GDP per Capita

1981 - 2020 | Yearly | USD | CEIC Data

Key information about Nigeria GDP Per Capita

  • Nigeria Gross Domestic Product (GDP) per Capita reached 2,073.783 USD in Dec 2020, compared with 2,341.862 USD in Dec 2019.
  • Nigeria GDP Per Capita data is updated yearly, available from Dec 1981 to Dec 2020, with an average number of 1,815.075 USD.
  • The data reached an all-time high of 3,225.711 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 International Monetary Fund provides Population. The Central Bank of Nigeria average market exchange rate is used for currency conversions. Mid-year Population is used in the calculation of GDP per Capita.


Related information about Nigeria GDP Per Capita data

  • In the latest reports, Nigeria GDP expanded 3.984 % YoY in Dec 2021.
  • Nigeria Nominal GDP reached 119.956 USD bn in Dec 2021.
  • Its GDP deflator (implicit price deflator) increased 8.778 % in Dec 2021.
  • Gross Savings Rate of Nigeria was measured at 32.735 % in Dec 2021.

View Nigeria's GDP per Capita from 1981 to 2020 in the chart:

Nigeria GDP per Capita

What was Nigeria's GDP per Capita in 2020?

Nigeria Gross Domestic Product (GDP) per Capita reached 2,073.783 USD in Dec 2020, compared with 2,341.862 USD in Dec 2019. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2,073.783 2020 2,341.862 2019 492.767 1999 3,225.711 2014 USD yearly 1981 - 2020

GDP per Capita by Country Comparison

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country/region Last Frequency Range
Albania (USD) 6,493.188 2021 yearly 1984 - 2021
Algeria (USD) 3,278.100 2020 yearly 1963 - 2020
Argentina (USD) 10,720.662 2021 yearly 1962 - 2021
Armenia (USD) 4,269.299 2020 yearly 1994 - 2020
Australia (USD) 60,057.573 2021 yearly 1960 - 2021
Austria (USD) 53,186.829 2021 yearly 1957 - 2021
Azerbaijan (USD) 5,452.500 2021 yearly 1990 - 2021
Bahrain (USD) 25,831.691 2021 yearly 1981 - 2021
Bangladesh (USD) 2,723.000 2022 yearly 1960 - 2022
Belarus (USD) 6,698.112 2019 yearly 1995 - 2019
Belgium (USD) 51,683.847 2021 yearly 1957 - 2021
Bolivia (USD) 3,137.990 2020 yearly 1960 - 2020
Bosnia and Herzegovina (USD) 5,707.000 2020 yearly 2000 - 2020
Botswana (USD) 7,308.185 2021 yearly 1994 - 2021
Brazil (USD) 7,541.960 2021 yearly 1962 - 2021
Brunei (USD) 32,573.325 2021 yearly 1965 - 2021
Bulgaria (USD) 11,736.853 2021 yearly 1985 - 2021
Cambodia (USD) 1,647.565 2021 yearly 1993 - 2021
Canada (USD) 48,029.344 2021 yearly 1971 - 2021
Chile (USD) 16,054.431 2021 yearly 1960 - 2021
China (USD) 12,554.646 2021 yearly 1957 - 2021
Colombia (USD) 6,156.133 2021 yearly 1960 - 2021
Croatia (USD) 14,621.354 2020 yearly 1996 - 2020
Cyprus (USD) 30,786.578 2021 yearly 1995 - 2021
Czech Republic (USD) 26,857.690 2021 yearly 1990 - 2021
Denmark (USD) 67,826.709 2021 yearly 1966 - 2021
Ecuador (USD) 5,627.772 2020 yearly 1960 - 2020
Egypt (USD) 3,969.334 2021 yearly 1982 - 2021
Estonia (USD) 23,013.931 2020 yearly 1993 - 2020
European Union (USD) 34,286.666 2020 yearly 1999 - 2020
Finland (USD) 53,663.028 2021 yearly 1960 - 2021
France (USD) 43,359.755 2021 yearly 1957 - 2021
Georgia (USD) 5,015.343 2021 yearly 1993 - 2021
Germany (USD) 50,760.598 2021 yearly 1970 - 2021
Ghana (USD) 2,564.956 2021 yearly 1960 - 2021
Greece (USD) 17,608.469 2020 yearly 1960 - 2020
Hong Kong SAR, China (USD) 49,805.082 2021 yearly 1961 - 2021
Hungary (USD) 16,079.000 2020 yearly 1991 - 2020
Iceland (USD) 68,233.569 2021 yearly 1960 - 2021
India (USD) 2,321.104 2022 yearly 1958 - 2022
Indonesia (USD) 4,349.171 2021 yearly 2010 - 2021
Iran (USD) 11,162.240 2021 yearly 1960 - 2021
Ireland (USD) 85,376.592 2020 yearly 2000 - 2020
Israel (USD) 51,499.731 2021 yearly 1995 - 2021
Italy (USD) 31,343.639 2020 yearly 1957 - 2020
Ivory Coast (USD) 2,325.724 2020 yearly 1960 - 2020
Japan (USD) 39,375.649 2021 yearly 1957 - 2021
Jordan (USD) 4,097.596 2021 yearly 1957 - 2021
Kazakhstan (USD) 10,154.600 2021 yearly 1993 - 2021
Kenya (USD) 2,007.801 2019 yearly 2006 - 2019
South Korea (USD) 34,983.700 2021 yearly 1953 - 2021
Kosovo (USD) 4,291.824 2020 yearly 2000 - 2020
Kuwait (USD) 22,682.592 2020 yearly 1993 - 2020
Kyrgyzstan (USD) 1,266.194 2021 yearly 1994 - 2021
Laos (USD) 2,595.000 2021 yearly 1984 - 2021
Latvia (USD) 20,643.447 2021 yearly 1995 - 2021
Lebanon (USD) 7,817.624 2019 yearly 1997 - 2019
Lithuania (USD) 23,369.556 2021 yearly 1994 - 2021
Luxembourg (USD) 134,352.039 2021 yearly 1995 - 2021
Macau SAR, China (USD) 43,775.138 2021 yearly 1982 - 2021
North Macedonia (USD) 5,856.657 2020 yearly 1994 - 2020
Malawi (USD) 628.700 2021 yearly 1960 - 2021
Malaysia (USD) 10,360.182 2020 yearly 1957 - 2020
Malta (USD) 28,898.396 2020 yearly 2000 - 2020
Mauritius (USD) 8,554.381 2020 yearly 1976 - 2020
Mexico (USD) 10,089.558 2021 yearly 1993 - 2021
Moldova (USD) 4,375.755 2020 yearly 2010 - 2020
Mongolia (USD) 4,427.651 2021 yearly 1991 - 2021
Montenegro (USD) 7,678.072 2020 yearly 2000 - 2020
Morocco (USD) 3,934.243 2021 yearly 1960 - 2021
Mozambique (USD) 466.557 2020 yearly 1991 - 2020
Myanmar (USD) 1,269.833 2019 yearly 1985 - 2019
Nepal (USD) 1,191.158 2021 yearly 1960 - 2021
Netherlands (USD) 52,179.477 2020 yearly 1960 - 2020
New Zealand (USD) 48,440.757 2022 yearly 1961 - 2022
Nigeria (USD) 2,073.783 2020 yearly 1981 - 2020
Norway (USD) 67,307.277 2020 yearly 1915 - 2020
Oman (USD) 19,169.795 2021 yearly 1980 - 2021
Pakistan (USD) 1,551.180 2021 yearly 1960 - 2021
Palestinian Territory (USD) 3,654.600 2021 yearly 1994 - 2021
Panama (USD) 14,339.427 2016 yearly 1950 - 2016
Paraguay (USD) 5,281.990 2021 yearly 1950 - 2021
Peru (USD) 6,726.612 2021 yearly 1991 - 2021
Philippines (USD) 3,576.145 2021 yearly 1950 - 2021
Poland (USD) 17,830.493 2021 yearly 1965 - 2021
Portugal (USD) 24,279.173 2021 yearly 1960 - 2021
Qatar (USD) 64,705.059 2017 yearly 2000 - 2017
Romania (USD) 12,994.319 2020 yearly 1981 - 2020
Russia (USD) 12,194.769 2021 yearly 1992 - 2021
Saudi Arabia (USD) 23,310.800 2021 yearly 1963 - 2021
Serbia (USD) 7,742.200 2020 yearly 1995 - 2020
Singapore (USD) 72,766.000 2021 yearly 1960 - 2021
Slovakia (USD) 21,111.810 2021 yearly 1995 - 2021
Slovenia (USD) 29,187.000 2021 yearly 1980 - 2021
South Africa (USD) 6,981.594 2021 yearly 1957 - 2021
Spain (USD) 27,002.608 2020 yearly 1960 - 2020
Sri Lanka (USD) 3,815.000 2021 yearly 1959 - 2021
Sudan (USD) 2,825.832 2016 yearly 1970 - 2016
Sweden (USD) 52,838.491 2020 yearly 1957 - 2020
Switzerland (USD) 93,131.360 2021 yearly 1980 - 2021

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Nigeria Key Series

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Includes 210 key indicators for Nigeria, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.9 Dec 2020 quarterly Dec 2010 - Dec 2020
Consolidated Fiscal Balance (USD mn) -5,434.321 Dec 2021 quarterly Mar 2005 - Dec 2021
National Government Debt (USD mn) 88,421.5 Mar 2022 quarterly Dec 2006 - Mar 2022
Government Debt: % of GDP (%) 20.2 Dec 2021 quarterly Dec 2010 - Dec 2021
Forecast: Government Expenditure (NGN bn) 53,826.479 2027 yearly 1990 - 2027
Forecast: Government Net Debt (NGN bn) 173,827.955 2027 yearly 1990 - 2027
Forecast: Government Revenue (NGN bn) 28,821.587 2027 yearly 1990 - 2027
Gross Federation Account Revenue: Oil (NGN bn) 1,115.170 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Balance (NGN bn) -2,232.330 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Expenditure: Recurrent (NGN bn) 2,627.830 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Revenue (NGN bn) 1,265.340 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Expenditure: Capital (NGN bn) 745.710 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Expenditure (NGN bn) 3,497.670 Dec 2021 quarterly Mar 2005 - Dec 2021
Gross Federation Account Revenue (NGN bn) 2,844.730 Dec 2021 quarterly Mar 2005 - Dec 2021
Government Debt: Domestic (NGN bn) 20,144.028 Mar 2022 quarterly Dec 2005 - Mar 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.626 2027 yearly 1991 - 2027
Trade Balance (USD mn) 2,336.0 Mar 2022 monthly Jan 2003 - Mar 2022
Total Exports (USD mn) 6,746.6 Mar 2022 monthly Jan 2003 - Mar 2022
Total Exports Growth (%) 153.9 Mar 2022 monthly Jan 2004 - Mar 2022
Aluminum: Exports (USD th) 89,277.166 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 1,579.306 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 585.807 2020 yearly 1995 - 2020
Total Imports (USD mn) 4,410.6 Mar 2022 monthly Jan 2003 - Mar 2022
Total Imports Growth (%) -7.3 Mar 2022 monthly Jan 2004 - Mar 2022
Imports: Medicament (USD th) 916,159.669 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 417,523.499 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 415.182 Mar 2022 monthly Jan 2003 - Mar 2022
Total Imports from USA (USD mn) 322.312 Mar 2022 monthly Dec 2009 - Mar 2022
Total Exports to China (USD mn) 46.245 Mar 2022 monthly Jan 2007 - Mar 2022
Total Imports from China (USD mn) 1,423.512 Dec 2021 monthly Jan 2007 - Dec 2021
Exports: Crude Oil (NGN mn) 2,209,623.002 Mar 2022 monthly Jan 2003 - Mar 2022
Imports (NGN mn) 1,834,067.441 Mar 2022 monthly Jan 2003 - Mar 2022
Total Trade (NGN mn) 4,639,517.168 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: Europe: ow UK (NGN mn) 75,924.032 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: America: ow USA (NGN mn) 172,645.951 Mar 2022 monthly Jan 2003 - Mar 2022
Exports (NGN mn) 2,805,449.727 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: Europe: ow Netherlands (NGN mn) 279,127.005 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Europe: ow Netherlands (NGN mn) 102,706.239 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Europe: ow Germany (NGN mn) 42,882.036 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Europe: ow UK (NGN mn) 44,920.190 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: America: ow USA (NGN mn) 134,027.678 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Asia: ow China (NGN mn) 531,343.215 Mar 2022 monthly Jan 2007 - Mar 2022
Exports: Mineral Products (NGN mn) 16,910,118.786 2021 yearly 2003 - 2021
Exports: Vegetable Products (NGN mn) 259,305.350 2021 yearly 2003 - 2021
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 44,635.113 2021 yearly 2003 - 2021
Imports: Manufactured Goods (NGN mn) 175,513.767 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Food and Live Animals (NGN mn) 245,235.157 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Machinery and Transport Equipment (NGN mn) 605,003.903 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 338,220.193 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Chemicals and Chemical Products (NGN mn) 308,561.620 Mar 2022 monthly Jan 2003 - Mar 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 822.3 Sep 2021 quarterly Mar 2008 - Sep 2021
Current Account Balance (USD mn) 3,680.3 Sep 2021 quarterly Mar 2008 - Sep 2021
Current Account Balance: % of GDP (%) 3.3 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Direct Investment (USD mn) -8.7 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Direct Investment: % of GDP (%) -0.0 Sep 2021 quarterly Mar 2010 - Sep 2021
Foreign Portfolio Investment (USD mn) 7,457.719 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Portfolio Investment: % of GDP (%) 6.8 Sep 2021 quarterly Mar 2010 - Sep 2021
Foreign Portfolio Investment: Equity Securities (USD mn) 81.8 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 7,375.945 Sep 2021 quarterly Mar 2008 - Sep 2021
External Debt (USD mn) 39,969.2 Mar 2022 quarterly Dec 2006 - Mar 2022
External Debt: % of GDP (%) 8.8 2021 yearly 1985 - 2021
External Debt: Short Term (USD mn) 0.1 2019 yearly 2008 - 2019
External Debt: Short Term: % of GDP (%) 0.0 2019 yearly 2008 - 2019
Forecast: Current Account Balance (USD bn) -6.402 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -75,228.078 2021 yearly 2005 - 2021
BoP: CA: Goods (USD mn) 1,765.909 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Current Transfers (USD mn) 6,458.983 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) 7,457.719 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Income: Credit (USD mn) 587.982 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Capital Account (USD mn) 0.000 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) 2.464 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Services (USD mn) -2,513.605 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Other Investment (USD mn) -3,204.269 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Income (USD mn) -2,031.008 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Direct Investment (USD mn) -822.340 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Services: Debit (USD mn) -3,430.782 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Current Transfers: Debit (USD mn) -94.776 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Goods: Credit (USD mn) 12,650.276 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Goods: Debit (USD mn) -10,884.367 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Current Transfers: Credit (USD mn) 6,553.759 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) 4,432.631 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) -5,283.967 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Liabilities (USD mn) 11,881.648 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets (USD mn) -9,308.112 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Income: Debit (USD mn) -2,618.990 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: Net Errors & Omission (USD mn) -6,253.815 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Services: Credit (USD mn) 917.177 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account (USD mn) 2,573.536 Sep 2021 quarterly Mar 2008 - Sep 2021
External Debt: Government (USD mn) 38,391.320 Dec 2021 quarterly Dec 2006 - Dec 2021
External Debt: Government: International Capital Market (USD mn) 14,368.350 Dec 2021 quarterly Mar 2011 - Dec 2021
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
Capital Inflow: Foreign Direct Investment (USD) 52,666,629.000 Feb 2022 monthly Jan 2007 - Feb 2022
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) 47,811.710 Apr 2022 monthly Nov 1992 - Apr 2022
Money Supply M2 (USD mn) 112,095.914 Apr 2022 monthly Nov 1992 - Apr 2022
M2 Growth (%) 21.0 Apr 2022 monthly Nov 1993 - Apr 2022
Reserve Requirement Ratio (%) 27.5 May 2022 monthly Nov 2005 - May 2022
Foreign Exchange Reserves (USD mn) 38,483.7 May 2022 monthly Jan 1960 - May 2022
Foreign Exchange Reserves: % of GDP (%) 9.028 Mar 2022 quarterly Dec 2010 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 9.0 Mar 2022 monthly Jan 2003 - Mar 2022
Gold Reserves (USD mn) 0.062 Jan 2018 monthly Dec 1950 - Jan 2018
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) 129,324.9 Apr 2022 monthly Nov 1992 - Apr 2022
Domestic Credit Growth (%) 21.7 Apr 2022 monthly Nov 1993 - Apr 2022
Private Debt: % of Nominal GDP (%) 12.23 Dec 2021 quarterly Dec 2010 - Dec 2021
Monetary Survey: Liabilities: M2: M1 (NGN mn) 19,608,338.790 Mar 2022 monthly Nov 1992 - Mar 2022
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 26,690,158.390 Apr 2022 monthly Nov 1992 - Apr 2022
Monetary Survey: Liabilities: Base Money (NGN mn) 14,255,048.740 Apr 2022 monthly Jan 1993 - Apr 2022
Monetary Survey: Liabilities: M2 (NGN mn) 46,541,102.400 Apr 2022 monthly Nov 1992 - Apr 2022
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 6.020 Dec 2020 semiannually Dec 2003 - Dec 2020
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 13.0 Jan 2022 monthly Jul 2015 - Jan 2022

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