Is adjusted savings: education expenditure (current us$), per unit of gdp rising or falling in Nigeria?

Over the last ten years it is down 26.3%. The long-run trend across the full record is volatile.

Adjusted savings: education expenditure (current US$), per unit of GDP in Nigeria

Name: Adjusted savings: education expenditure (current US$), per unit of GDP in Nigeria
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Nigeria: Adjusted savings: education expenditure (current US$), per unit of GDP was 0.0059 current US$ per US$ of GDP in 2021. ◆ Volatile

Latest (2021)

0.0059 current US$ per US$ of GDP

Change on year

up 0.0%

World rank

193rd

of 194 countries

All-time high

0.0506 current US$ per US$ of GDP

in 1981

All-time low

0.002 current US$ per US$ of GDP

in 1998

Years of data

1970–2021

Adjusted savings: education expenditure (current US$), per unit of GDP in Nigeria, 1970–2021

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

The most recent figure for adjusted savings: education expenditure (current us$), per unit of gdp in Nigeria is 0.0059 current US$ per US$ of GDP, measured in 2021.

That represents a change of down 26.3% over ten years.

Over the whole period, adjusted savings: education expenditure (current us$), per unit of gdp in Nigeria peaked at 0.0506 current US$ per US$ of GDP in 1981 and was at its lowest, 0.002 current US$ per US$ of GDP, in 1998.

Nigeria ranks 193rd of 194 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Adjusted savings: education expenditure (current US$), per unit of GDP in Nigeria, year by year

Annual values for Adjusted savings: education expenditure (current US$), per unit of GDP in Nigeria, 1970 to 2021.
Year	current US$ per US$ of GDP	Change
1970	0.0148 current US$ per US$ of GDP	—
1971	0.0139 current US$ per US$ of GDP	-6.0%
1972	0.0306 current US$ per US$ of GDP	+120.2%
1973	0.0309 current US$ per US$ of GDP	+0.7%
1974	0.0232 current US$ per US$ of GDP	-24.9%
1975	0.0166 current US$ per US$ of GDP	-28.3%
1976	0.0324 current US$ per US$ of GDP	+95.4%
1977	0.0208 current US$ per US$ of GDP	-35.9%
1978	0.0331 current US$ per US$ of GDP	+59.1%
1979	0.0229 current US$ per US$ of GDP	-30.9%
1980	0.0316 current US$ per US$ of GDP	+38.3%
1981	0.0506 current US$ per US$ of GDP	+60.0%
1982	0.0496 current US$ per US$ of GDP	-1.9%
1983	0.0451 current US$ per US$ of GDP	-9.2%
1984	0.0403 current US$ per US$ of GDP	-10.5%
1985	0.0357 current US$ per US$ of GDP	-11.6%
1986	0.0307 current US$ per US$ of GDP	-13.8%
1987	0.0257 current US$ per US$ of GDP	-16.3%
1988	0.0221 current US$ per US$ of GDP	-14.1%
1989	0.0169 current US$ per US$ of GDP	-23.6%
1990	0.0124 current US$ per US$ of GDP	-26.5%
1991	0.0067 current US$ per US$ of GDP	-46.3%
1992	0.0073 current US$ per US$ of GDP	+9.9%
1993	0.0038 current US$ per US$ of GDP	-48.0%
1994	0.0033 current US$ per US$ of GDP	-12.6%
1995	0.0025 current US$ per US$ of GDP	-24.2%
1996	0.0022 current US$ per US$ of GDP	-11.4%
1997	0.0022 current US$ per US$ of GDP	-1.1%
1998	0.002 current US$ per US$ of GDP	-8.8%
1999	0.0083 current US$ per US$ of GDP	+312.9%
2000	0.0078 current US$ per US$ of GDP	-6.5%
2001	0.0079 current US$ per US$ of GDP	+2.2%
2002	0.008 current US$ per US$ of GDP	+0.1%
2003	0.0079 current US$ per US$ of GDP	-1.0%
2004	0.0079 current US$ per US$ of GDP	+0.1%
2005	0.0079 current US$ per US$ of GDP	-0.4%
2006	0.0083 current US$ per US$ of GDP	+6.1%
2007	0.0081 current US$ per US$ of GDP	-2.4%
2008	0.0081 current US$ per US$ of GDP	-0.2%
2009	0.0081 current US$ per US$ of GDP	-0.5%
2010	0.008 current US$ per US$ of GDP	-0.4%
2011	0.008 current US$ per US$ of GDP	-0.2%
2012	0.0081 current US$ per US$ of GDP	+0.8%
2013	0.0081 current US$ per US$ of GDP	-0.2%
2014	0.0082 current US$ per US$ of GDP	+1.7%
2015	0.0083 current US$ per US$ of GDP	+0.7%
2016	0.0083 current US$ per US$ of GDP	+0.5%
2017	0.0082 current US$ per US$ of GDP	-0.9%
2018	0.0081 current US$ per US$ of GDP	-1.6%
2019	0.0055 current US$ per US$ of GDP	-32.0%
2020	0.0059 current US$ per US$ of GDP	+7.2%
2021	0.0059 current US$ per US$ of GDP	+0.0%

Nigeria compared with similar countries

Nigeria's 0.0059 current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0353 current US$ per US$ of GDP, 17% of the median. (47 countries reporting)
Nigeria's 0.0059 current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0313 current US$ per US$ of GDP, 19% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Adjusted savings: education expenditure (current US$), per unit of GDP 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
1999	+312.9%	0.002 current US$ per US$ of GDP	0.0083 current US$ per US$ of GDP
1972	+120.2%	0.0139 current US$ per US$ of GDP	0.0306 current US$ per US$ of GDP
1976	+95.4%	0.0166 current US$ per US$ of GDP	0.0324 current US$ per US$ of GDP

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	0.0239 current US$ per US$ of GDP	0.0139 current US$ per US$ of GDP	0.0331 current US$ per US$ of GDP	10
1980s	0.0348 current US$ per US$ of GDP	0.0169 current US$ per US$ of GDP	0.0506 current US$ per US$ of GDP	10
1990s	0.0051 current US$ per US$ of GDP	0.002 current US$ per US$ of GDP	0.0124 current US$ per US$ of GDP	10
2000s	0.008 current US$ per US$ of GDP	0.0078 current US$ per US$ of GDP	0.0083 current US$ per US$ of GDP	10
2010s	0.0079 current US$ per US$ of GDP	0.0055 current US$ per US$ of GDP	0.0083 current US$ per US$ of GDP	10
2020s	0.0059 current US$ per US$ of GDP	0.0059 current US$ per US$ of GDP	0.0059 current US$ per US$ of GDP	2

Countries ranked near Nigeria

190 Somalia 0.0079 current US$ per US$ of GDP compare
191 Equatorial Guinea 0.0075 current US$ per US$ of GDP compare
192 French Polynesia 0.006 current US$ per US$ of GDP compare
194 New Caledonia 0.0042 current US$ per US$ of GDP compare

See the full ranking of 194 places →

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)

All data for Nigeria →

Frequently asked questions

What is adjusted savings: education expenditure (current us$), per unit of gdp in Nigeria?: Adjusted savings: education expenditure (current us$), per unit of gdp in Nigeria was 0.0059 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
What is the highest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Nigeria?: The highest recorded value was 0.0506 current US$ per US$ of GDP in 1981.
What is the lowest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Nigeria?: The lowest recorded value was 0.002 current US$ per US$ of GDP in 1998.
How does Nigeria rank for adjusted savings: education expenditure (current us$), per unit of gdp?: Nigeria ranks 193rd out of 194 countries with data for 2021.
Is adjusted savings: education expenditure (current us$), per unit of gdp rising or falling in Nigeria?: Over the last ten years it is down 26.3%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?: The figures come from Statizoid (derived), published as part of Adjusted savings: education expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Adjusted savings: education expenditure (current US$), per unit of GDP in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/adjusted-savings-education-expenditure-current-us-per-unit-of-gdp/nigeria/

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How this figure is calculated

Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Adjusted savings: education expenditure (current US$) ÷ GDP (current US$)

Computed from

Adjusted savings: education expenditure Staff estimates, World Bank (WB)
GDP Country official statistics, National Statistical Organizations and/or Central Banks

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator: Adjusted savings: education expenditure (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 194 places, 8,330 data points, 1970–2021
Last refreshed: 27 September 2026

Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.