Nigeria GDP per Capita

1981 - 2021 | Yearly | USD | CEIC Data

Key information about Nigeria GDP Per Capita

  • Nigeria Gross Domestic Product (GDP) per Capita reached 2,057.020 USD in Dec 2021, compared with 2,072.338 USD in Dec 2020.
  • Nigeria GDP Per Capita data is updated yearly, available from Dec 1981 to Dec 2021, with an average number of 1,868.471 USD.
  • The data reached an all-time high of 3,136.832 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 Central Bank of Nigeria provides 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 3.518 % YoY in Dec 2022.
  • Nigeria Nominal GDP reached 128.609 USD bn in Dec 2022.
  • Its GDP deflator (implicit price deflator) increased 11.269 % in Dec 2022.
  • Gross Savings Rate of Nigeria was measured at 32.735 % in Dec 2021.

View Nigeria's GDP per Capita from 1981 to 2021 in the chart:

Nigeria GDP per Capita

What was Nigeria's GDP per Capita in 2021?

Nigeria Gross Domestic Product (GDP) per Capita reached 2,057.020 USD in Dec 2021, compared with 2,072.338 USD in Dec 2020. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2,057.020 2021 2,072.338 2020 492.767 1999 3,136.832 2014 USD yearly 1981 - 2021

GDP per Capita by Country Comparison

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country/region Last Frequency Range
Albania (USD) 6,376.075 2021 yearly 1984 - 2021
Algeria (USD) 3,630.400 2021 yearly 1963 - 2021
Argentina (USD) 13,659.387 2022 yearly 1962 - 2022
Armenia (USD) 6,572.248 2022 yearly 1994 - 2022
Australia (USD) 65,005.795 2022 yearly 1960 - 2022
Austria (USD) 53,660.663 2021 yearly 1957 - 2021
Azerbaijan (USD) 7,126.200 2023 yearly 1990 - 2023
Bahrain (USD) 26,120.615 2021 yearly 1981 - 2021
Bangladesh (USD) 2,687.000 2022 yearly 1960 - 2022
Belarus (USD) 7,829.152 2023 yearly 1995 - 2023
Belgium (USD) 49,392.667 2022 yearly 1957 - 2022
Bolivia (USD) 3,137.990 2020 yearly 1960 - 2020
Bosnia and Herzegovina (USD) 6,976.000 2022 yearly 2000 - 2022
Botswana (USD) 7,830.671 2021 yearly 1994 - 2021
Brazil (USD) 7,732.460 2021 yearly 1962 - 2021
Brunei (USD) 37,452.922 2022 yearly 1965 - 2022
Bulgaria (USD) 12,291.055 2021 yearly 1985 - 2021
Cambodia (USD) 1,765.488 2022 yearly 1993 - 2022
Canada (USD) 54,104.301 2022 yearly 1971 - 2022
Chile (USD) 15,158.291 2022 yearly 1960 - 2022
China (USD) 12,621.721 2023 yearly 1957 - 2023
Colombia (USD) 6,239.274 2021 yearly 1960 - 2021
Croatia (USD) 2,178.494 2021 yearly 1996 - 2021
Cyprus (USD) 31,114.992 2022 yearly 1995 - 2022
Czech Republic (USD) 27,566.510 2022 yearly 1990 - 2022
Denmark (USD) 67,743.599 2022 yearly 1966 - 2022
Ecuador (USD) 5,670.330 2020 yearly 1960 - 2020
Egypt (USD) 4,585.331 2022 yearly 1982 - 2022
Estonia (USD) 28,567.539 2022 yearly 1993 - 2022
European Union (USD) 38,454.191 2021 yearly 1999 - 2021
Finland (USD) 50,836.576 2022 yearly 1960 - 2022
France (USD) 43,359.790 2021 yearly 1957 - 2021
Georgia (USD) 5,023.229 2021 yearly 1993 - 2021
Germany (USD) 48,562.101 2022 yearly 1970 - 2022
Ghana (USD) 2,353.040 2022 yearly 1960 - 2022
Greece (USD) 20,192.496 2021 yearly 1960 - 2021
Hong Kong SAR, China (USD) 49,146.654 2022 yearly 1961 - 2022
Hungary (USD) 18,719.000 2021 yearly 1991 - 2021
Iceland (USD) 72,684.247 2022 yearly 1960 - 2022
India (USD) 2,301.418 2022 yearly 1958 - 2022
Indonesia (USD) 4,783.269 2022 yearly 2010 - 2022
Iran (USD) 11,556.954 2021 yearly 1960 - 2021
Ireland (USD) 85,376.592 2020 yearly 2000 - 2020
Israel (USD) 51,945.001 2023 yearly 1995 - 2023
Italy (USD) 35,643.132 2021 yearly 1957 - 2021
Ivory Coast (USD) 2,272.556 2022 yearly 1960 - 2022
Japan (USD) 33,911.210 2022 yearly 1957 - 2022
Jordan (USD) 4,142.967 2021 yearly 1957 - 2021
Kazakhstan (USD) 13,276.700 2023 yearly 1993 - 2023
Kenya (USD) 2,235.994 2021 yearly 2006 - 2021
South Korea (USD) 35,569.900 2023 yearly 1953 - 2023
Kosovo (USD) 5,305.641 2021 yearly 2000 - 2021
Kuwait (USD) 22,682.592 2020 yearly 1993 - 2020
Kyrgyzstan (USD) 1,295.430 2021 yearly 1994 - 2021
Laos (USD) 2,595.000 2021 yearly 1984 - 2021
Latvia (USD) 21,786.804 2022 yearly 1995 - 2022
Lebanon (USD) 9,300.837 2020 yearly 1997 - 2020
Lithuania (USD) 26,750.600 2022 yearly 1994 - 2022
Luxembourg (USD) 132,485.619 2021 yearly 1995 - 2021
Macau SAR, China (USD) 32,418.334 2022 yearly 1982 - 2022
North Macedonia (USD) 5,975.851 2020 yearly 1994 - 2020
Malawi (USD) 655.000 2021 yearly 1960 - 2021
Malaysia (USD) 12,471.769 2022 yearly 1957 - 2022
Malta (USD) 33,532.213 2022 yearly 2000 - 2022
Mauritius (USD) 10,134.349 2022 yearly 1976 - 2022
Mexico (USD) 10,934.885 2022 yearly 1993 - 2022
Moldova (USD) 5,235.158 2021 yearly 2010 - 2021
Mongolia (USD) 4,482.907 2021 yearly 1991 - 2021
Montenegro (USD) 9,464.241 2021 yearly 2000 - 2021
Morocco (USD) 3,934.243 2021 yearly 1960 - 2021
Mozambique (USD) 466.557 2020 yearly 1991 - 2020
Myanmar (USD) 1,318.623 2021 yearly 1985 - 2021
Nepal (USD) 1,399.011 2023 yearly 1960 - 2023
Netherlands (USD) 57,578.343 2021 yearly 1960 - 2021
New Zealand (USD) 47,056.382 2023 yearly 1961 - 2023
Nigeria (USD) 2,057.020 2021 yearly 1981 - 2021
Norway (USD) 89,114.684 2021 yearly 1915 - 2021
Oman (USD) 23,240.897 2022 yearly 1980 - 2022
Pakistan (USD) 1,551.180 2021 yearly 1960 - 2021
Palestinian Territory (USD) 3,360.300 2023 yearly 1994 - 2023
Panama (USD) 14,339.427 2016 yearly 1950 - 2016
Paraguay (USD) 5,692.971 2023 yearly 1950 - 2023
Peru (USD) 6,963.308 2022 yearly 1991 - 2022
Philippines (USD) 3,623.316 2022 yearly 1950 - 2022
Poland (USD) 18,221.636 2022 yearly 1965 - 2022
Portugal (USD) 27,830.492 2023 yearly 1960 - 2023
Qatar (USD) 65,274.725 2021 yearly 2000 - 2021
Romania (USD) 14,987.806 2021 yearly 1981 - 2021
Russia (USD) 12,593.146 2021 yearly 1992 - 2021
Saudi Arabia (USD) 34,441.065 2022 yearly 1963 - 2022
Serbia (USD) 9,520.800 2022 yearly 1995 - 2022
Singapore (USD) 84,714.000 2023 yearly 1960 - 2023
Slovakia (USD) 20,578.587 2022 yearly 1995 - 2022
Slovenia (USD) 32,172.000 2023 yearly 1980 - 2023
South Africa (USD) 6,667.325 2022 yearly 1957 - 2022
Spain (USD) 27,002.608 2020 yearly 1960 - 2020
Sri Lanka (USD) 3,833.000 2023 yearly 1959 - 2023
Sudan (USD) 2,825.832 2016 yearly 1970 - 2016
Sweden (USD) 52,838.491 2020 yearly 1957 - 2020
Switzerland (USD) 91,640.930 2021 yearly 1980 - 2021

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Nigeria Key Series

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Includes 184 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 (%) -4.8 Sep 2023 quarterly Dec 2010 - Sep 2023
Consolidated Fiscal Balance (USD mn) -3,071.175 Sep 2023 quarterly Mar 2005 - Sep 2023
National Government Debt (USD mn) 101,710.7 Dec 2023 quarterly Dec 2006 - Dec 2023
Government Debt: % of GDP (%) 39.8 Dec 2023 quarterly Dec 2010 - Dec 2023
Forecast: Government Expenditure (NGN bn) 99,387.936 2029 yearly 1990 - 2029
Forecast: Government Net Debt (NGN bn) 205,772.040 2028 yearly 1990 - 2028
Forecast: Government Revenue (NGN bn) 74,924.965 2029 yearly 1990 - 2029
Federal Govt Balance (NGN bn) -2,347.160 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure: Recurrent (NGN bn) 2,791.110 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue (NGN bn) 4,791.390 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure: Capital (NGN bn) 1,043.310 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue: Oil (NGN bn) 814.230 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure (NGN bn) 4,040.180 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Revenue (NGN bn) 1,693.020 Sep 2023 quarterly Mar 2005 - Sep 2023
Government Debt: Domestic (NGN bn) 53,258.012 Dec 2023 quarterly Dec 2005 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 1,428.5 Mar 2024 monthly Jan 2003 - Mar 2024
Total Exports (USD mn) 4,145.4 Mar 2024 monthly Jan 2003 - Mar 2024
Total Exports Growth (%) 174.1 Mar 2024 monthly Jan 2004 - Mar 2024
Aluminum: Exports (USD th) 165,856.846 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 2,876.353 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 480.530 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,989.3 Mar 2023 monthly Jan 2003 - Mar 2023
Total Imports Growth (%) 86.2 Mar 2024 monthly Jan 2004 - Mar 2024
Imports: Medicament (USD th) 755,360.705 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 508,406.689 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 318.790 Mar 2024 monthly Jan 2003 - Mar 2024
Total Imports from USA (USD mn) 171.033 Mar 2024 monthly Dec 2009 - Mar 2024
Total Exports to China (USD mn) 147.623 Mar 2024 monthly Jan 2007 - Mar 2024
Total Imports from China (USD mn) 783.503 Mar 2024 monthly Jan 2007 - Mar 2024
Imports (NGN mn) 4,104,729.001 Mar 2024 monthly Jan 2003 - Mar 2024
Exports: Crude Oil (NGN mn) 3,404,818.113 Dec 2023 monthly Jan 2003 - Dec 2023
Total Trade (NGN mn) 6,865,948.584 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Growth Rate: MoM (%) -14.880 Mar 2024 monthly Jan 2019 - Mar 2024
Exports: Growth Rate: MoM (%) -5.925 Mar 2024 monthly Jan 2019 - Mar 2024
Exports: America: ow USA (NGN mn) 299,453.208 Dec 2023 monthly Jan 2003 - Dec 2023
Exports (NGN mn) 6,262,979.700 Mar 2024 monthly Jan 2003 - Mar 2024
Exports: Europe: ow UK (NGN mn) 45,513.199 Mar 2024 monthly Jan 2003 - Mar 2024
Exports: Europe: ow Netherlands (NGN mn) 523,568.988 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: Mineral Products (NGN mn) 24,389,951.388 2022 yearly 2003 - 2022
Exports: Vegetable Products (NGN mn) 316,546.604 2022 yearly 2003 - 2022
Imports: Europe: ow Netherlands (NGN mn) 149,192.106 Mar 2024 monthly Jan 2003 - Mar 2024
Imports: Europe: ow Germany (NGN mn) 68,742.651 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Europe: ow UK (NGN mn) 71,966.938 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Asia: ow China (NGN mn) 1,183,749.918 Mar 2024 monthly Jan 2007 - Mar 2024
Imports: America: ow USA (NGN mn) 159,407.643 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Chemicals and Chemical Products (NGN mn) 385,751.608 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 810,486.908 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Food and Live Animals (NGN mn) 364,417.505 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Machinery and Transport Equipment (NGN mn) 639,703.694 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Manufactured Goods (NGN mn) 184,959.341 Sep 2023 monthly Jan 2003 - Sep 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 44.0 Sep 2023 quarterly Mar 2008 - Sep 2023
Current Account Balance (USD mn) 1,545.4 Sep 2023 quarterly Mar 2014 - Sep 2023
Current Account Balance: % of GDP (%) 1.9 Sep 2023 quarterly Mar 2014 - Sep 2023
Foreign Direct Investment (USD mn) 1,197.6 Mar 2023 quarterly Mar 2014 - Mar 2023
Foreign Direct Investment: % of GDP (%) 1.1 Sep 2023 quarterly Mar 2010 - Sep 2023
Foreign Portfolio Investment (USD mn) 2,876.923 Sep 2023 quarterly Mar 2008 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) 3.6 Sep 2023 quarterly Mar 2010 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 270.9 Sep 2023 quarterly Mar 2008 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 2,606.059 Sep 2023 quarterly Mar 2008 - Sep 2023
External Debt (USD mn) 42,495.2 Dec 2023 quarterly Dec 2006 - Dec 2023
External Debt: % of GDP (%) 11.9 2023 yearly 1985 - 2023
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) 0.890 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -90,273.874 2022 yearly 2005 - 2022
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government (USD mn) 42,495.160 Dec 2023 quarterly Dec 2006 - Dec 2023
External Debt: Government: International Capital Market (USD mn) 15,118.350 Dec 2023 quarterly Mar 2011 - Dec 2023
Capital Inflow: Foreign Direct Investment (USD) 20,080,525.860 Nov 2022 monthly Jan 2007 - Nov 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) 25,433.454 Apr 2024 monthly Nov 1992 - Apr 2024
Money Supply M2 (USD mn) 72,921.079 Apr 2024 monthly Nov 1992 - Apr 2024
M2 Growth (%) 74.2 Apr 2024 monthly Nov 1993 - Apr 2024
Reserve Requirement Ratio (%) 45.0 May 2024 monthly Nov 2005 - May 2024
Foreign Exchange Reserves (USD mn) 33,217.6 Dec 2023 monthly Jan 1960 - Dec 2023
Foreign Exchange Reserves: % of GDP (%) 8.942 Dec 2023 quarterly Dec 2010 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 11.6 Dec 2023 monthly Jan 2003 - Dec 2023
Gold Reserves (USD mn) 1,485.381 Dec 2023 monthly Dec 1950 - Dec 2023
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) 69,859.2 Apr 2024 monthly Nov 1992 - Apr 2024
Domestic Credit Growth (%) 24.8 Apr 2024 monthly Nov 1993 - Apr 2024
Private Debt: % of Nominal GDP (%) 16.22 Sep 2023 quarterly Dec 2010 - Sep 2023
Monetary Survey: Liabilities: Base Money (NGN mn) 24,387,924.330 Apr 2024 monthly Jan 1993 - Apr 2024
Monetary Survey: Liabilities: M2: M1 (NGN mn) 33,818,990.810 Apr 2024 monthly Nov 1992 - Apr 2024
Monetary Survey: Liabilities: M2 (NGN mn) 96,963,523.960 Apr 2024 monthly Nov 1992 - Apr 2024
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 63,144,533.150 Apr 2024 monthly Nov 1992 - Apr 2024
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 4.210 Dec 2022 semiannually Dec 2003 - Dec 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -0.6 Nov 2023 monthly Jul 2015 - Nov 2023

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