Nigeria - GDP per capita

GDP per capita (current US$)

The latest value for GDP per capita (current US$) in Nigeria was $2,097.09 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $3,098.99 in 2014 and $92.96 in 1960.

Definition: GDP per capita is gross domestic product divided by midyear population. 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 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $92.96
1961 $96.98
1962 $104.39
1963 $107.54
1964 $113.17
1965 $117.19
1966 $124.31
1967 $99.41
1968 $97.20
1969 $121.25
1970 $224.10
1971 $160.25
1972 $209.23
1973 $252.23
1974 $402.85
1975 $438.33
1976 $556.70
1977 $536.22
1978 $527.31
1979 $662.26
1980 $874.40
1981 $2,180.20
1982 $1,843.91
1983 $1,222.63
1984 $902.22
1985 $882.52
1986 $639.01
1987 $598.26
1988 $549.24
1989 $474.23
1990 $567.53
1991 $502.91
1992 $477.18
1993 $270.22
1994 $321.32
1995 $408.18
1996 $461.52
1997 $479.98
1998 $469.43
1999 $497.84
2000 $567.93
2001 $590.38
2002 $741.75
2003 $795.39
2004 $1,007.87
2005 $1,268.38
2006 $1,656.43
2007 $1,883.46
2008 $2,259.11
2009 $1,911.61
2010 $2,280.44
2011 $2,487.60
2012 $2,723.82
2013 $2,961.55
2014 $3,098.99
2015 $2,687.48
2016 $2,176.00
2017 $1,968.57
2018 $2,027.78
2019 $2,229.86
2020 $2,097.09

GDP per capita (current LCU)

The value for GDP per capita (current LCU) in Nigeria was 748,290.60 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 748,290.60 in 2020 and a minimum value of 66.40 in 1960.

Definition: GDP per capita is gross domestic product divided by midyear population. 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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 66.40
1961 69.27
1962 74.56
1963 76.82
1964 80.84
1965 83.71
1966 88.79
1967 71.01
1968 69.43
1969 86.61
1970 160.08
1971 181.08
1972 188.09
1973 203.80
1974 317.85
1975 362.06
1976 438.68
1977 499.75
1978 520.46
1979 601.34
1980 684.66
1981 1,846.63
1982 1,925.04
1983 1,999.00
1984 2,036.30
1985 2,247.78
1986 2,310.03
1987 2,778.94
1988 3,491.50
1989 4,471.06
1990 5,195.16
1991 6,041.51
1992 9,045.67
1993 12,241.15
1994 16,798.64
1995 28,719.62
1996 36,921.57
1997 38,945.88
1998 41,309.89
1999 45,969.75
2000 57,757.02
2001 65,668.94
2002 89,438.58
2003 102,781.70
2004 133,934.40
2005 166,506.20
2006 213,101.90
2007 236,954.70
2008 265,883.50
2009 281,623.00
2010 344,549.90
2011 387,793.40
2012 432,649.50
2013 471,630.30
2014 510,966.30
2015 525,444.80
2016 551,598.60
2017 601,966.30
2018 659,028.00
2019 724,704.10
2020 748,290.60

GDP per capita (constant 2010 US$)

The latest value for GDP per capita (constant 2010 US$) in Nigeria was 2,396 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 2,688 in 2014 and 1,201 in 1968.

Definition: GDP per capita is gross domestic product divided by midyear population. 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 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 1,434
1961 1,408
1962 1,435
1963 1,526
1964 1,568
1965 1,610
1966 1,508
1967 1,244
1968 1,201
1969 1,459
1970 1,783
1971 1,990
1972 2,009
1973 2,066
1974 2,238
1975 2,065
1976 2,188
1977 2,251
1978 2,058
1979 2,133
1980 2,160
1981 1,826
1982 1,658
1983 1,440
1984 1,389
1985 1,433
1986 1,397
1987 1,405
1988 1,469
1989 1,458
1990 1,589
1991 1,554
1992 1,586
1993 1,515
1994 1,451
1995 1,414
1996 1,437
1997 1,443
1998 1,444
1999 1,417
2000 1,451
2001 1,499
2002 1,685
2003 1,764
2004 1,878
2005 1,948
2006 2,013
2007 2,090
2008 2,173
2009 2,286
2010 2,404
2011 2,464
2012 2,501
2013 2,597
2014 2,688
2015 2,687
2016 2,575
2017 2,529
2018 2,512
2019 2,503
2020 2,396

GDP per capita (constant LCU)

The value for GDP per capita (constant LCU) in Nigeria was 343,459 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 385,349 in 2014 and a minimum value of 172,215 in 1968.

Definition: GDP per capita is gross domestic product divided by midyear population. 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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 205,545
1961 201,803
1962 205,767
1963 218,753
1964 224,745
1965 230,734
1966 216,225
1967 178,270
1968 172,215
1969 209,153
1970 255,548
1971 285,233
1972 287,949
1973 296,164
1974 320,877
1975 295,959
1976 313,581
1977 322,667
1978 294,987
1979 305,707
1980 309,613
1981 261,776
1982 237,706
1983 206,440
1984 199,039
1985 205,475
1986 200,318
1987 201,371
1988 210,528
1989 209,035
1990 227,704
1991 222,775
1992 227,288
1993 217,158
1994 207,966
1995 202,704
1996 206,017
1997 206,856
1998 206,974
1999 203,050
2000 207,962
2001 214,805
2002 241,565
2003 252,816
2004 269,223
2005 279,243
2006 288,531
2007 299,559
2008 311,459
2009 327,648
2010 344,550
2011 353,251
2012 358,454
2013 372,268
2014 385,349
2015 385,236
2016 369,178
2017 362,574
2018 360,110
2019 358,742
2020 343,459

GDP per capita, PPP (current international $)

The latest value for GDP per capita, PPP (current international $) in Nigeria was 5,186 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 5,507 in 2014 and 2,058 in 1990.

Definition: 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.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 2,058
1991 2,081
1992 2,172
1993 2,124
1994 2,078
1995 2,068
1996 2,140
1997 2,187
1998 2,213
1999 2,202
2000 2,306
2001 2,434
2002 2,781
2003 2,964
2004 3,242
2005 3,467
2006 3,691
2007 3,935
2008 4,171
2009 4,421
2010 4,703
2011 4,923
2012 4,983
2013 5,225
2014 5,507
2015 5,426
2016 5,235
2017 5,190
2018 5,279
2019 5,353
2020 5,186

GDP per capita, PPP (constant 2011 international $)

The latest value for GDP per capita, PPP (constant 2011 international $) in Nigeria was 4,917 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 5,516 in 2014 and 2,902 in 1995.

Definition: 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.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 3,260
1991 3,189
1992 3,254
1993 3,109
1994 2,977
1995 2,902
1996 2,949
1997 2,961
1998 2,963
1999 2,907
2000 2,977
2001 3,075
2002 3,458
2003 3,619
2004 3,854
2005 3,997
2006 4,130
2007 4,288
2008 4,459
2009 4,690
2010 4,932
2011 5,057
2012 5,131
2013 5,329
2014 5,516
2015 5,515
2016 5,285
2017 5,190
2018 5,155
2019 5,136
2020 4,917

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts