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Nigeria GDP per Capita

GDP divided by midyear population  NY.GDP.PCAP.CD

Nigeria's gdp per capita was $1,200 in 2025, ranked 166th globally. This represents a 10.6% increase from 2024. Data from World Bank, covering 1960–2025.

$1,200 +$115 (+10.6%)
Year 2025 Rank #166 Global Peak $3,190 (2019) Source World Bank

Nigeria GDP per Capita (1960–2025)

Overview

Nigeria's gdp per capita stood at $1,200 in 2025, a rise of +$115 from 2024. The IMF projects $1,200 by 2025. Nigeria ranked 166th globally.

Nigeria’s GDP per capita has risen from an all‑time trough of 93.14 in 1960 to a peak of 3,189.81 in 2019, reflecting more than a thirty‑fold increase over six decades, yet the 2025 figure of 1,199.62 places the country at 166th in the world. The post‑oil boom of the early 2000s accelerated growth, but persistent structural constraints and volatile commodity prices have kept per‑capita income below the levels of regional peers such as Tanzania (1,301.74) and Guinea‑Bissau (1,225.35). Although the 2025 value remains above the 1960 trough, it is still far short of the 2019 high, indicating a reversal after the pre‑pandemic expansion. Continued diversification away from oil, improvements in infrastructure, and stable macro‑policy could help Nigeria sustain a gradual upward trajectory and close the gap with its higher‑ranking neighbours.

Data & projection

Year GDP per Capita YoY change Rank
2030* IMF $1,683 - -
2029* IMF $1,582 - -
2028* IMF $1,486 - -
2027* IMF $1,451 - -
2026* IMF $1,378 - -
2025* IMF $1,200 - -
2025 $1,200 +$115 #166
2024 $1,084 −$1,054 #180
2023 $2,139 −$755 #163
2022 $2,899 +$110 #157
2021 $2,787 −$10 #155
2020 $2,797 −$393 #155
2019 $3,190 +$292 #154
2018 $2,058 −$584 #164
2017 $1,876 −$1,042 #167
2016 $2,070 −$1,580 #162
2015 $2,586 −$1,778 #154
2014 $3,089 −$970 #150
2013 $2,873 −$861 #152
2012 $2,633 −$817 #154
2011 $2,418 −$743 #155
Show all years (1960-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +20.5% GDP growth 4.1% C/A balance 6.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Nigeria matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp per capita improve within 24 months. View full analysis →

Frequently Asked Questions

What is Nigeria's gdp per capita?▾

Nigeria's gdp per capita was $1,200 in 2025. Ranked 166th globally. This represents a 10.6% increase from the previous year.

What was the highest gdp per capita in Nigeria?▾

Nigeria's gdp per capita peaked at $3,190 in 2019.

What was the lowest gdp per capita in Nigeria?▾

The lowest gdp per capita in Nigeria was $93 in 1960.

How does Nigeria rank in gdp per capita?▾

Nigeria ranks 166th globally in gdp per capita as of 2025.

What is the World Bank indicator code for gdp per capita?▾

The World Bank indicator code is NY.GDP.PCAP.CD. Data sourced from World Bank.

What is the projected gdp per capita of Nigeria in 2025?▾

Nigeria's gdp per capita is projected to reach $1,200 by 2025 based on IMF projection.

What is the gdp per capita of Nigeria in 2025?▾

The gdp per capita of Nigeria in 2025 was $1,200. This ranks 166th in the world.

Cite this page

APA
Nigeria GDP per Capita. HistorySaid. Retrieved November 2, 2026, from https://historysaid.com/nigeria/gdp-per-capita/
BibTeX
@misc{historysaid_nigeria_gdp-per-capita, title = {Nigeria GDP per Capita}, url = {https://historysaid.com/nigeria/gdp-per-capita/}, publisher = {HistorySaid}, year = {2026} }
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