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Nigeria GDP per Capita

Nigeria's GDP per capita rose to $2,447.64 in 2024, up from $2,416.36 in 2023, according to World Bank. This represents an increase of 1.3% ($31.28) from the previous year. Nigeria has GDP per capita lower than the global median ($2,448 vs median $6,791). Compared with the median in Africa, Nigeria is higher ($2,448 vs regional median $1,393) and ranks 16th out of 52 countries in Africa.

Nigeria's GDP fell to $187.76 billion in 2024, down from $363.85 billion in 2023.

Yearly Historical Data (1960-2024)

(in USD)
Year GDP per Capita (USD)
2024 2,447.64
2023 2,416.36
2022 2,398.99
2021 2,372.57
2020 2,337.58
2019 2,431.54
2018 2,431.78
2017 2,441.71
2016 2,481.81
2015 2,585.73
2014 2,583.62
2013 2,495.34
2012 2,403.65
2011 2,370.98
2010 2,315.47
2009 2,204.61
2008 2,098.28
2007 2,020.83
2006 1,949.16
2005 1,889.25
2004 1,824.8
2003 1,717.21
2002 1,644.4
2001 1,465.46
2000 1,421.68
1999 1,390.47
1998 1,419.32
1997 1,420.24
1996 1,416.1
1995 1,395.07
1994 1,433.39
1993 1,498.96
1992 1,571.19
1991 1,541.59
1990 1,577.2
1989 1,449.68
1988 1,461.19
1987 1,398.25
1986 1,391.48
1985 1,428.93
1984 1,387.92
1983 1,440.02
1982 1,659.1
1981 1,834.29
1980 2,177.42
1979 2,155.79
1978 2,082.55
1977 2,278.7
1976 2,214.32
1975 2,089.86
1974 2,267.04
1973 2,093.64
1972 2,036.69
1971 2,018.17
1970 1,808.39
1969 1,480.05
1968 1,218.43
1967 1,260.73
1966 1,528.59
1965 1,631.56
1964 1,589.68
1963 1,547.48
1962 1,455.82
1961 1,428.12
1960 1,454.98
Nigeria GDP per Capita : Definition
GDP per Capita measures total economic output for Nigeria divided by the number of people, adjusted to 2015 prices and measured in US dollars.
Indicator Last Value Prior Value Period
GDP $187.76B $363.85B 2024
GDP Annual Growth Rate 3.43% 2.86% 2024
GDP Growth Rate (QoQ) 10% 0% Sep'24
GDP Growth Rate (YoY) 4.2% 3.1% Jun'25
GDP per Capita PPP $5,665.45 $5,593.06 2024
R&D Expenditure (% GDP) 0.28% 0.13% 2019
Real GDP $569.52B $550.65B 2024