Nigeria Gross Domestic Product: Purchasing Power Parity
Nigeria NG: GDP: PPP
NG: GDP: PPP data was reported at 1,118,755.475 Intl $ mn in 2017. This records an increase from the previous number of 1,090,101.955 Intl $ mn for 2016. NG: GDP: PPP data is updated yearly, averaging 415,302.109 Intl $ mn from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 1,118,755.475 Intl $ mn in 2017 and a record low of 187,284.410 Intl $ mn in 1990. NG: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,118,755.47 2017 | yearly | 1990 - 2017 |
View Nigeria's Nigeria NG: GDP: PPP from 1990 to 2017 in the chart:
Nigeria NG: GDP: PPP: 2011 Price
NG: GDP: PPP: 2011 Price data was reported at 1,019,037.815 Intl $ mn in 2017. This records an increase from the previous number of 1,010,804.368 Intl $ mn for 2016. NG: GDP: PPP: 2011 Price data is updated yearly, averaging 487,009.784 Intl $ mn from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 1,027,416.344 Intl $ mn in 2015 and a record low of 287,974.248 Intl $ mn in 1991. NG: GDP: PPP: 2011 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,019,037.81 2017 | yearly | 1990 - 2017 |
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Nigeria NG: GDP: PPP: 2011 Price:(GDP) Gross Domestic Productper Capita
NG: GDP: PPP: 2011 Price: GDP per Capita data was reported at 5,338.454 Intl $ in 2017. This records a decrease from the previous number of 5,434.735 Intl $ for 2016. NG: GDP: PPP: 2011 Price: GDP per Capita data is updated yearly, averaging 3,636.885 Intl $ from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 5,671.901 Intl $ in 2014 and a record low of 2,750.072 Intl $ in 1995. NG: GDP: PPP: 2011 Price: GDP per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 5,338.45 2017 | yearly | 1990 - 2017 |
View Nigeria's Nigeria NG: GDP: PPP: 2011 Price:(GDP) Gross Domestic Productper Capita from 1990 to 2017 in the chart:
Nigeria NG: GDP: PPP: 2011 Price: Household Final Consumption Expenditure
NG: GDP: PPP: 2011 Price: Household Final Consumption Expenditure data was reported at 610,858.003 Intl $ mn in 2016. This records a decrease from the previous number of 647,773.045 Intl $ mn for 2015. NG: GDP: PPP: 2011 Price: Household Final Consumption Expenditure data is updated yearly, averaging 406,251.271 Intl $ mn from Dec 1990 to 2016, with 27 observations. The data reached an all-time high of 647,773.045 Intl $ mn in 2015 and a record low of 203,111.024 Intl $ mn in 1990. NG: GDP: PPP: 2011 Price: Household Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2011 international dollars using purchasing power parity rates.; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 610,858.00 2016 | yearly | 1990 - 2016 |
View Nigeria's Nigeria NG: GDP: PPP: 2011 Price: Household Final Consumption Expenditure from 1990 to 2016 in the chart:
NG: GDP: PPP: 2017 Price
NG: GDP: PPP: 2017 Price data was reported at 1,084,655.070 Intl $ mn in 2022. This records an increase from the previous number of 1,050,496.278 Intl $ mn for 2021. NG: GDP: PPP: 2017 Price data is updated yearly, averaging 588,740.686 Intl $ mn from Dec 1990 to 2022, with 33 observations. The data reached an all-time high of 1,084,655.070 Intl $ mn in 2022 and a record low of 310,358.600 Intl $ mn in 1990. NG: GDP: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,084,655.070 2022 | yearly | 1990 - 2022 |
View Nigeria's NG: GDP: PPP: 2017 Price from 1990 to 2022 in the chart:
NG: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs
NG: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data was reported at 1,064,234.994 Intl $ mn in 2021. This records an increase from the previous number of 847,167.848 Intl $ mn for 2020. NG: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging 563,264.726 Intl $ mn from Dec 1990 to 2021, with 32 observations. The data reached an all-time high of 1,064,234.994 Intl $ mn in 2021 and a record low of 227,225.206 Intl $ mn in 1990. NG: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2017 international dollars using purchasing power parity rates.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,064,234.994 2021 | yearly | 1990 - 2021 |
View Nigeria's NG: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs from 1990 to 2021 in the chart:
Nigeria NG: GDP: PPP:(GDP) Gross Domestic Productper Capita
NG: GDP: PPP: GDP per Capita data was reported at 5,860.847 Intl $ in 2017. This records a decrease from the previous number of 5,861.090 Intl $ for 2016. NG: GDP: PPP: GDP per Capita data is updated yearly, averaging 3,100.860 Intl $ from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 6,038.462 Intl $ in 2015 and a record low of 1,965.828 Intl $ in 1990. NG: GDP: PPP: GDP per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 5,860.85 2017 | yearly | 1990 - 2017 |
View Nigeria's Nigeria NG: GDP: PPP:(GDP) Gross Domestic Productper Capita from 1990 to 2017 in the chart:
Nigeria NG: GDP: PPP: Household Final Consumption Expenditure
NG: GDP: PPP: Household Final Consumption Expenditure data was reported at 676,669.931 Intl $ mn in 2016. This records a decrease from the previous number of 690,971.866 Intl $ mn for 2015. NG: GDP: PPP: Household Final Consumption Expenditure data is updated yearly, averaging 175,681.317 Intl $ mn from Dec 1990 to 2016, with 27 observations. The data reached an all-time high of 690,971.866 Intl $ mn in 2015 and a record low of 57,063.655 Intl $ mn in 1994. NG: GDP: PPP: Household Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 676,669.93 2016 | yearly | 1990 - 2016 |
View Nigeria's Nigeria NG: GDP: PPP: Household Final Consumption Expenditure from 1990 to 2016 in the chart:
NG: GNI per Capita: PPP: 2017 Price
NG: GNI per Capita: PPP: 2017 Price data was reported at 5,006.286 Intl $ in 2017. NG: GNI per Capita: PPP: 2017 Price data is updated yearly, averaging 5,006.286 Intl $ from Dec 2017 to 2017, with 1 observations. The data reached an all-time high of 5,006.286 Intl $ in 2017 and a record low of 5,006.286 Intl $ in 2017. NG: GNI per Capita: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 5,006.286 2017 | yearly | 2017 - 2017 |
View Nigeria's NG: GNI per Capita: PPP: 2017 Price from 2017 to 2017 in the chart:
Nigeria NG: GNI: PPP
NG: GNI: PPP data was reported at 1,084,539.444 Intl $ mn in 2017. This records an increase from the previous number of 1,066,667.677 Intl $ mn for 2016. NG: GNI: PPP data is updated yearly, averaging 368,523.009 Intl $ mn from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 1,084,539.444 Intl $ mn in 2017 and a record low of 169,701.776 Intl $ mn in 1990. NG: GNI: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,084,539.44 2017 | yearly | 1990 - 2017 |
View Nigeria's Nigeria NG: GNI: PPP from 1990 to 2017 in the chart:
Nigeria NG: GNI: PPP: 2011 Price
NG: GNI: PPP: 2011 Price data was reported at 990,500,660,648.420 Intl $ in 2016. This records a decrease from the previous number of 1,001,407,028,475.260 Intl $ for 2015. NG: GNI: PPP: 2011 Price data is updated yearly, averaging 370,708,624,049.564 Intl $ from Dec 1990 to 2016, with 27 observations. The data reached an all-time high of 1,001,407,028,475.260 Intl $ in 2015 and a record low of 257,496,943,129.980 Intl $ in 1993. NG: GNI: PPP: 2011 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 990,500,660,679.83 2016 | yearly | 1990 - 2016 |
View Nigeria's Nigeria NG: GNI: PPP: 2011 Price from 1990 to 2016 in the chart:
Nigeria NG: GNI: PPP: 2011 Price: GNI per Capita
NG: GNI: PPP: 2011 Price: GNI per Capita data was reported at 5,325.569 Intl $ in 2016. This records a decrease from the previous number of 5,527.086 Intl $ for 2015. NG: GNI: PPP: 2011 Price: GNI per Capita data is updated yearly, averaging 2,808.983 Intl $ from Dec 1990 to 2016, with 27 observations. The data reached an all-time high of 5,527.086 Intl $ in 2015 and a record low of 2,450.536 Intl $ in 2000. NG: GNI: PPP: 2011 Price: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 5,325.57 2016 | yearly | 1990 - 2016 |
View Nigeria's Nigeria NG: GNI: PPP: 2011 Price: GNI per Capita from 1990 to 2016 in the chart:
NG: GNI: PPP: 2017 Price
NG: GNI: PPP: 2017 Price data was reported at 968,695.761 Intl $ mn in 2017. NG: GNI: PPP: 2017 Price data is updated yearly, averaging 968,695.761 Intl $ mn from Dec 2017 to 2017, with 1 observations. The data reached an all-time high of 968,695.761 Intl $ mn in 2017 and a record low of 968,695.761 Intl $ mn in 2017. NG: GNI: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 968,695.761 2017 | yearly | 2017 - 2017 |
View Nigeria's NG: GNI: PPP: 2017 Price from 2017 to 2017 in the chart:
Nigeria NG: GNI: PPP: GNI per Capita
NG: GNI: PPP: GNI per Capita data was reported at 5,680.000 Intl $ in 2017. This records a decrease from the previous number of 5,740.000 Intl $ for 2016. NG: GNI: PPP: GNI per Capita data is updated yearly, averaging 2,750.000 Intl $ from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 5,880.000 Intl $ in 2015 and a record low of 1,710.000 Intl $ in 1993. NG: GNI: PPP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 5,680.00 2017 | yearly | 1990 - 2017 |
View Nigeria's Nigeria NG: GNI: PPP: GNI per Capita from 1990 to 2017 in the chart:
Nigeria NG: PPP Conversion Factor: GDP
NG: PPP Conversion Factor: GDP data was reported at 102.709 NGN/Intl $ in 2017. This records an increase from the previous number of 94.097 NGN/Intl $ for 2016. NG: PPP Conversion Factor: GDP data is updated yearly, averaging 24.636 NGN/Intl $ from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 102.709 NGN/Intl $ in 2017 and a record low of 1.503 NGN/Intl $ in 1990. NG: PPP Conversion Factor: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; ;
| Last | Frequency | Range |
|---|---|---|
| 102.71 2017 | yearly | 1990 - 2017 |
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Nigeria NG: PPP Conversion Factor: Private Consumption
NG: PPP Conversion Factor: Private Consumption data was reported at 123.639 NGN/Intl $ in 2016. This records an increase from the previous number of 108.233 NGN/Intl $ for 2015. NG: PPP Conversion Factor: Private Consumption data is updated yearly, averaging 40.098 NGN/Intl $ from Dec 1990 to 2016, with 27 observations. The data reached an all-time high of 123.639 NGN/Intl $ in 2016 and a record low of 3.009 NGN/Intl $ in 1990. NG: PPP Conversion Factor: Private Consumption data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for private consumption (i.e., household final consumption expenditure). For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; ;
| Last | Frequency | Range |
|---|---|---|
| 123.64 2016 | yearly | 1990 - 2016 |
View Nigeria's Nigeria NG: PPP Conversion Factor: Private Consumption from 1990 to 2016 in the chart:
Nigeria NG: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio
NG: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.336 % in 2017. This records a decrease from the previous number of 0.371 % for 2016. NG: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.192 % from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 0.539 % in 2014 and a record low of 0.076 % in 1993. NG: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, also referred to as the national price level, makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States. PPP conversion factors are based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; ;
| Last | Frequency | Range |
|---|---|---|
| 0.34 2017 | yearly | 1990 - 2017 |