Nigeria - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Nigeria was 2,000.00 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 2,940.00 in 2014 and 100.00 in 1962.

Definition: GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. 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. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

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

See also:

Year Value
1962 100.00
1963 110.00
1964 110.00
1965 110.00
1966 110.00
1967 100.00
1968 100.00
1969 120.00
1970 170.00
1971 180.00
1972 200.00
1973 220.00
1974 340.00
1975 400.00
1976 510.00
1977 560.00
1978 560.00
1979 640.00
1980 760.00
1981 970.00
1982 1,260.00
1983 1,450.00
1984 1,130.00
1985 970.00
1986 790.00
1987 710.00
1988 680.00
1989 550.00
1990 560.00
1991 510.00
1992 510.00
1993 360.00
1994 310.00
1995 310.00
1996 390.00
1997 440.00
1998 440.00
1999 460.00
2000 470.00
2001 530.00
2002 630.00
2003 710.00
2004 870.00
2005 1,030.00
2006 1,350.00
2007 1,610.00
2008 1,970.00
2009 2,050.00
2010 2,150.00
2011 2,180.00
2012 2,440.00
2013 2,690.00
2014 2,940.00
2015 2,820.00
2016 2,430.00
2017 2,090.00
2018 1,960.00
2019 2,030.00
2020 2,000.00

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in Nigeria was 720,988.40 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 720,988.40 in 2020 and a minimum value of 66.05 in 1960.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) 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 local currency.

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

Year Value
1960 66.05
1961 68.94
1962 74.03
1963 75.91
1964 79.27
1965 80.57
1966 85.30
1967 69.78
1968 67.31
1969 83.84
1970 154.15
1971 167.97
1972 173.55
1973 189.40
1974 306.79
1975 353.72
1976 428.58
1977 494.62
1978 518.35
1979 597.50
1980 651.35
1981 1,829.05
1982 1,910.59
1983 1,985.07
1984 2,014.57
1985 2,216.59
1986 2,250.01
1987 2,652.60
1988 3,455.61
1989 4,259.10
1990 4,917.54
1991 5,739.40
1992 8,487.45
1993 11,206.21
1994 15,630.23
1995 27,272.25
1996 35,308.94
1997 37,346.68
1998 39,171.57
1999 44,827.18
2000 52,643.97
2001 62,036.26
2002 83,721.28
2003 95,277.54
2004 124,253.70
2005 153,869.70
2006 208,911.40
2007 226,768.70
2008 253,928.20
2009 267,571.90
2010 326,045.80
2011 366,260.40
2012 411,849.20
2013 448,257.00
2014 493,915.40
2015 511,620.40
2016 539,740.80
2017 583,554.50
2018 628,624.90
2019 700,978.10
2020 720,988.40

GNI per capita (constant 2010 US$)

The latest value for GNI per capita (constant 2010 US$) in Nigeria was 2,316 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between 2,617 in 2015 and 1,298 in 2000.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) 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 2010 U.S. dollars.

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

See also:

Year Value
1981 1,794
1982 1,635
1983 1,422
1984 1,367
1985 1,407
1986 1,357
1987 1,341
1988 1,449
1989 1,385
1990 1,499
1991 1,469
1992 1,476
1993 1,380
1994 1,351
1995 1,338
1996 1,365
1997 1,377
1998 1,370
1999 1,376
2000 1,298
2001 1,399
2002 1,559
2003 1,610
2004 1,725
2005 1,774
2006 1,959
2007 1,980
2008 2,065
2009 2,164
2010 2,265
2011 2,325
2012 2,369
2013 2,465
2014 2,595
2015 2,617
2016 2,521
2017 2,458
2018 2,408
2019 2,429
2020 2,316

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in Nigeria was -4.66 as of 2020. As the graph below shows, over the past 38 years this indicator reached a maximum value of 11.44 in 2002 and a minimum value of -13.01 in 1983.

Definition: Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) 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.

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

See also:

Year Value
1982 -8.85
1983 -13.01
1984 -3.87
1985 2.88
1986 -3.53
1987 -1.21
1988 8.07
1989 -4.43
1990 8.23
1991 -1.98
1992 0.50
1993 -6.52
1994 -2.10
1995 -0.95
1996 2.03
1997 0.83
1998 -0.50
1999 0.47
2000 -5.72
2001 7.84
2002 11.44
2003 3.27
2004 7.09
2005 2.88
2006 10.42
2007 1.05
2008 4.31
2009 4.78
2010 4.67
2011 2.66
2012 1.88
2013 4.06
2014 5.28
2015 0.85
2016 -3.65
2017 -2.50
2018 -2.04
2019 0.86
2020 -4.66

GNI per capita (constant LCU)

The value for GNI per capita (constant LCU) in Nigeria was 333,369 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 376,734 in 2015 and a minimum value of 186,811 in 2000.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) 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 local currency.

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

Year Value
1981 258,248
1982 235,396
1983 204,777
1984 196,846
1985 202,522
1986 195,368
1987 193,010
1988 208,579
1989 199,346
1990 215,747
1991 211,479
1992 212,538
1993 198,674
1994 194,505
1995 192,658
1996 196,565
1997 198,192
1998 197,203
1999 198,138
2000 186,811
2001 201,457
2002 224,501
2003 231,851
2004 248,278
2005 255,425
2006 282,045
2007 285,014
2008 297,289
2009 311,491
2010 326,046
2011 334,713
2012 341,004
2013 354,845
2014 373,565
2015 376,734
2016 362,967
2017 353,902
2018 346,680
2019 349,672
2020 333,369

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in Nigeria was 5,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 5,320 in 2014 and 1,920 in 1994.

Definition: 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.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 1,940
1991 1,970
1992 2,030
1993 1,930
1994 1,920
1995 1,960
1996 2,040
1997 2,090
1998 2,090
1999 2,140
2000 2,090
2001 2,290
2002 2,590
2003 2,730
2004 2,990
2005 3,180
2006 3,610
2007 3,750
2008 3,970
2009 4,180
2010 4,450
2011 4,650
2012 4,740
2013 4,970
2014 5,320
2015 5,280
2016 5,120
2017 5,030
2018 5,040
2019 5,180
2020 5,000

GNI per capita, PPP (constant 2011 international $)

The latest value for GNI per capita, PPP (constant 2011 international $) in Nigeria was 4,740 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 5,356 in 2015 and 2,656 in 2000.

Definition: 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.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 3,067
1991 3,007
1992 3,022
1993 2,825
1994 2,765
1995 2,739
1996 2,795
1997 2,818
1998 2,804
1999 2,817
2000 2,656
2001 2,864
2002 3,192
2003 3,296
2004 3,530
2005 3,632
2006 4,010
2007 4,052
2008 4,227
2009 4,429
2010 4,636
2011 4,759
2012 4,848
2013 5,045
2014 5,311
2015 5,356
2016 5,160
2017 5,032
2018 4,929
2019 4,971
2020 4,740

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts