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Nigeria GDP per Capita PPP

Nigeria's GDP per capita PPP rose to $5,665.45 in 2024, up from $5,593.06 in 2023, according to World Bank. This represents an increase of 1.3% (72.39) from the previous year. Nigeria has GDP per capita PPP lower than the global median (5,665.45 vs median 17,953.85). Compared with the median in Africa, Nigeria is higher (5,665.45 vs regional median 3,964.90) and ranks 22nd 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 (1990-2024)

(in International Dollars)
Year GDP per Capita PPP
2024 5,665.45
2023 5,593.06
2022 5,552.84
2021 5,491.7
2020 5,410.69
2019 5,628.18
2018 5,628.74
2017 5,651.73
2016 5,744.56
2015 5,985.09
2014 5,980.19
2013 5,775.87
2012 5,563.64
2011 5,488
2010 5,359.52
2009 5,102.92
2008 4,856.81
2007 4,677.54
2006 4,511.64
2005 4,372.98
2004 4,223.8
2003 3,974.77
2002 3,806.22
2001 3,392.04
2000 3,290.71
1999 3,218.46
1998 3,285.24
1997 3,287.37
1996 3,277.79
1995 3,229.12
1994 3,317.81
1993 3,469.58
1992 3,636.77
1991 3,568.26
1990 3,650.67
Nigeria GDP per Capita PPP : Definition
GDP per Capita PPP measures total economic output per person in Nigeria, adjusted for differences in cost of living, using 2021 international 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 $2,447.64 $2,416.36 2024
R&D Expenditure (% GDP) 0.28% 0.13% 2019
Real GDP $569.52B $550.65B 2024