The Gross Domestic Product per capita in Nigeria was last recorded at 2449.59 US dollars in 2022. The GDP per Capita in Nigeria is equivalent to 19 percent of the world's average. GDP per Capita in Nigeria averaged 1876.94 USD from 1960 until 2022, reaching an all time high of 2679.55 USD in 2015 and a record low of 1223.53 USD in 1968. source: World Bank

GDP per Capita in Nigeria is expected to reach 2543.00 USD by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria GDP per capita is projected to trend around 2695.00 USD in 2025 and 2870.00 USD in 2026, according to our econometric models.

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Nigeria GDP per capita


Related Last Previous Unit Reference
GDP Growth Rate 12.00 9.70 percent Dec 2023
GDP Annual Growth Rate 3.46 2.54 percent Dec 2023
GDP 472.62 440.84 USD Billion Dec 2022
GDP Constant Prices 21773263.25 19442281.18 NGN Million Dec 2023
Gross Fixed Capital Formation 2351105.53 2825588.47 NGN Million Jun 2023
GDP per Capita 2449.59 2429.59 USD Dec 2022
GDP per Capita PPP 4963.16 4922.63 USD Dec 2022
Full Year GDP Growth 2.74 3.10 percent Dec 2023
GDP Growth Oil Sector -0.85 -13.43 percent Sep 2023
GDP Growth Non Oil Sector 2.75 3.58 percent Sep 2023
GDP from Utilities 155207.98 111942.29 NGN Million Dec 2023
GDP from Transport 240166.64 163540.52 NGN Million Dec 2023
GDP from Services 9092462.24 7403080.32 NGN Million Dec 2023
GDP from Public Administration 456512.17 397168.60 NGN Million Dec 2023
GDP from Mining 1024206.70 1064775.19 NGN Million Dec 2023
GDP from Manufacturing 1792909.93 1636751.87 NGN Million Dec 2023
GDP from Construction 756411.29 653827.13 NGN Million Dec 2023
GDP from Agriculture 5685658.24 5698270.51 NGN Million Dec 2023

Nigeria GDP per capita
The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population.
Actual Previous Highest Lowest Dates Unit Frequency
2449.59 2429.59 2679.55 1223.53 1960 - 2022 USD Yearly
Constant 2015 USD