Adjusted net national income in Nigeria
Nigeria: Adjusted net national income was 363.31 billion current US$ in 2021. ◆ Volatile
Latest (2021)
363.31 billion current US$
Change on year
down 0.0%
World rank
30th
of 184 countries
All-time high
483.59 billion current US$
in 2014
All-time low
7.80 billion current US$
in 1971
Years of data
52
1970–2021
Adjusted net national income in Nigeria, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted net national income in Nigeria is 363.31 billion current US$, measured in 2021.
That represents a change of up 12.3% over ten years.
Over the whole period, adjusted net national income in Nigeria peaked at 483.59 billion current US$ in 2014 and was at its lowest, 7.80 billion current US$, in 1971.
That places Nigeria 30th out of 184 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 11.02 billion current US$ | — |
| 1971 | 7.80 billion current US$ | -29.2% |
| 1972 | 10.19 billion current US$ | +30.7% |
| 1973 | 12.46 billion current US$ | +22.3% |
| 1974 | 17.08 billion current US$ | +37.0% |
| 1975 | 21.31 billion current US$ | +24.8% |
| 1976 | 28.04 billion current US$ | +31.5% |
| 1977 | 27.24 billion current US$ | -2.8% |
| 1978 | 28.96 billion current US$ | +6.3% |
| 1979 | 28.70 billion current US$ | -0.9% |
| 1980 | 43.70 billion current US$ | +52.3% |
| 1981 | 141.87 billion current US$ | +224.6% |
| 1982 | 125.80 billion current US$ | -11.3% |
| 1983 | 84.40 billion current US$ | -32.9% |
| 1984 | 62.55 billion current US$ | -25.9% |
| 1985 | 61.28 billion current US$ | -2.0% |
| 1986 | 46.53 billion current US$ | -24.1% |
| 1987 | 42.86 billion current US$ | -7.9% |
| 1988 | 42.50 billion current US$ | -0.8% |
| 1989 | 32.72 billion current US$ | -23.0% |
| 1990 | 39.38 billion current US$ | +20.4% |
| 1991 | 38.35 billion current US$ | -2.6% |
| 1992 | 36.25 billion current US$ | -5.5% |
| 1993 | 18.50 billion current US$ | -49.0% |
| 1994 | 25.14 billion current US$ | +35.9% |
| 1995 | 34.14 billion current US$ | +35.8% |
| 1996 | 39.85 billion current US$ | +16.8% |
| 1997 | 43.30 billion current US$ | +8.6% |
| 1998 | 45.41 billion current US$ | +4.9% |
| 1999 | 50.52 billion current US$ | +11.3% |
| 2000 | 50.25 billion current US$ | -0.6% |
| 2001 | 57.91 billion current US$ | +15.3% |
| 2002 | 77.79 billion current US$ | +34.3% |
| 2003 | 83.56 billion current US$ | +7.4% |
| 2004 | 106.28 billion current US$ | +27.2% |
| 2005 | 134.26 billion current US$ | +26.3% |
| 2006 | 199.19 billion current US$ | +48.4% |
| 2007 | 227.24 billion current US$ | +14.1% |
| 2008 | 275.01 billion current US$ | +21.0% |
| 2009 | 247.41 billion current US$ | -10.0% |
| 2010 | 293.43 billion current US$ | +18.6% |
| 2011 | 323.49 billion current US$ | +10.2% |
| 2012 | 371.53 billion current US$ | +14.9% |
| 2013 | 423.72 billion current US$ | +14.0% |
| 2014 | 483.59 billion current US$ | +14.1% |
| 2015 | 427.30 billion current US$ | -11.6% |
| 2016 | 354.21 billion current US$ | -17.1% |
| 2017 | 321.49 billion current US$ | -9.2% |
| 2018 | 348.41 billion current US$ | +8.4% |
| 2019 | 375.14 billion current US$ | +7.7% |
| 2020 | 363.36 billion current US$ | -3.1% |
| 2021 | 363.31 billion current US$ | -0.0% |
Nigeria compared with similar countries
- Nigeria's 363.31 billion current US$ is above the median for lower middle income countries, which is 19.04 billion current US$, 19.1× the median. (46 countries reporting)
- Nigeria's 363.31 billion current US$ is above the median for Sub-Saharan Africa, which is 10.92 billion current US$, 33.3× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Adjusted net national income in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | +224.6% | 43.70 billion current US$ | 141.87 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.28 billion current US$ | 7.80 billion current US$ | 28.96 billion current US$ | 10 |
| 1980s | 68.42 billion current US$ | 32.72 billion current US$ | 141.87 billion current US$ | 10 |
| 1990s | 37.08 billion current US$ | 18.50 billion current US$ | 50.52 billion current US$ | 10 |
| 2000s | 145.89 billion current US$ | 50.25 billion current US$ | 275.01 billion current US$ | 10 |
| 2010s | 372.23 billion current US$ | 293.43 billion current US$ | 483.59 billion current US$ | 10 |
| 2020s | 363.34 billion current US$ | 363.31 billion current US$ | 363.36 billion current US$ | 2 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is adjusted net national income in Nigeria?
- Adjusted net national income in Nigeria was 363.31 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted net national income recorded in Nigeria?
- The highest recorded value was 483.59 billion current US$ in 2014.
- What is the lowest adjusted net national income recorded in Nigeria?
- The lowest recorded value was 7.80 billion current US$ in 1971.
- How does Nigeria rank for adjusted net national income?
- Nigeria ranks 30th out of 184 countries with data for 2021.
- Is adjusted net national income rising or falling in Nigeria?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income (current US$). Statizoid updates them automatically from the source API.
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About this data
Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.