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Nigeria Income Share Top 10%

Income share held by highest 10%  SI.DST.10TH.10

Nigeria's income share top 10% was 26.39% in 2025, ranked 39th globally. This represents a 0.3% increase from 2024. Data from World Bank, covering 1985–2025.

26.39% +0.09pp (+0.3%)
Year 2025 Rank #39 Global Peak 40.70% (1996) Source World Bank

Nigeria Income Share Top 10% (1985–2025)

Overview

Nigeria's income share top 10% stood at 26.39% in 2025, a rise of +0.09pp from 2022. Based on recent trends, this figure is projected to reach 26.39% by 2025. Nigeria ranked 39th globally.

Nigeria’s share of national income captured by the top 10 % of earners fell to 26.39 % in 2025, placing the country 39th in the world and just below peers such as Greece (26.40 %) and Georgia (26.35 %). This level is marginally lower than the all‑time trough of 26.30 % recorded in 2022, yet it remains far beneath the all‑time peak of 40.70 % reached in 1996, when the country’s economy was still heavily dependent on oil revenues and inequality was amplified by volatile export earnings. The decline from the 1996 high reflects a gradual redistribution of income through modest growth in lower‑income sectors and demographic shifts, but the persistence of a share above 25 % signals entrenched concentration of wealth. Over the next decade, sustained diversification away from oil, improvements in tax administration and expanded social protection could further compress the top‑decile share, while setbacks in fiscal policy or commodity shocks could reverse the modest downward trend.

Data & projection

Year Income Share Top 10% YoY change Rank
2025* trend 26.39% - -
2025 26.39% +0.09pp #39
2022 26.30% −0.40pp #37
2018 26.70% −0.20pp #46
2015 26.90% +0.30pp #43
2012 26.60% −0.10pp #44
2010 26.70% −3.10pp #47
2003 29.80% −10.90pp #41
1996 40.70% +9.40pp #36
1992 31.30% +3.10pp #24
1985 28.20% – #11
* Linear trend extrapolation

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 income share top 10% improve within 24 months. View full analysis →

Frequently Asked Questions

What is Nigeria's income share top 10%?▾

Nigeria's income share top 10% was 26.39% in 2025. Ranked 39th globally. This represents a 0.3% increase from the previous year.

What was the highest income share top 10% in Nigeria?▾

Nigeria's income share top 10% peaked at 40.70% in 1996.

What was the lowest income share top 10% in Nigeria?▾

The lowest income share top 10% in Nigeria was 26.30% in 2022.

How does Nigeria rank in income share top 10%?▾

Nigeria ranks 39th globally in income share top 10% as of 2025.

What is the World Bank indicator code for income share top 10%?▾

The World Bank indicator code is SI.DST.10TH.10. Data sourced from World Bank.

What is the projected income share top 10% of Nigeria in 2025?▾

Nigeria's income share top 10% is projected to reach 26.39% by 2025 based on trend extrapolation.

What is the income share top 10% of Nigeria in 2025?▾

The income share top 10% of Nigeria in 2025 was 26.39%. This ranks 39th in the world.

Cite this page

APA
Nigeria Income Share Top 10%. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/nigeria/income-top-10/
BibTeX
@misc{historysaid_nigeria_income-top-10, title = {Nigeria Income Share Top 10%}, url = {https://historysaid.com/nigeria/income-top-10/}, publisher = {HistorySaid}, year = {2026} }
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