Divergence of GDP per capita among latecomers to the capitalist revolution in Nigeria
Nigeria: Divergence of GDP per capita among latecomers to the capitalist revolution was 5,238 2011$ in 2018. ◆ Volatile
Latest (2018)
5,238 2011$
Change on year
down 0.6%
World rank
105th
of 145 countries
All-time high
5,578 2011$
in 2015
All-time low
1,114 2011$
in 1968
Years of data
69
1950–2018
Divergence of GDP per capita among latecomers to the capitalist revolution in Nigeria, 1950–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
The most recent figure for divergence of gdp per capita among latecomers to the capitalist revolution in Nigeria is 5,238 2011$, measured in 2018.
That represents a change of down 0.6% on the previous year and up 28.2% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Nigeria peaked at 5,578 2011$ in 2015 and was at its lowest, 1,114 2011$, in 1968.
That places Nigeria 105th out of 145 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Divergence of GDP per capita among latecomers to the capitalist revolution in Nigeria, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1950 | 1,200 2011$ | — |
| 1951 | 1,262 2011$ | +5.2% |
| 1952 | 1,323 2011$ | +4.8% |
| 1953 | 1,325 2011$ | +0.2% |
| 1954 | 1,382 2011$ | +4.3% |
| 1955 | 1,379 2011$ | -0.2% |
| 1956 | 1,309 2011$ | -5.1% |
| 1957 | 1,323 2011$ | +1.1% |
| 1958 | 1,270 2011$ | -4.0% |
| 1959 | 1,288 2011$ | +1.4% |
| 1960 | 1,307 2011$ | +1.5% |
| 1961 | 1,313 2011$ | +0.5% |
| 1962 | 1,349 2011$ | +2.7% |
| 1963 | 1,433 2011$ | +6.2% |
| 1964 | 1,451 2011$ | +1.3% |
| 1965 | 1,505 2011$ | +3.7% |
| 1966 | 1,414 2011$ | -6.0% |
| 1967 | 1,160 2011$ | -18.0% |
| 1968 | 1,114 2011$ | -4.0% |
| 1969 | 1,372 2011$ | +23.2% |
| 1970 | 1,744 2011$ | +27.1% |
| 1971 | 1,894 2011$ | +8.6% |
| 1972 | 1,908 2011$ | +0.7% |
| 1973 | 2,012 2011$ | +5.5% |
| 1974 | 2,179 2011$ | +8.3% |
| 1975 | 2,051 2011$ | -5.9% |
| 1976 | 2,208 2011$ | +7.7% |
| 1977 | 2,220 2011$ | +0.5% |
| 1978 | 2,028 2011$ | -8.6% |
| 1979 | 2,104 2011$ | +3.7% |
| 1980 | 2,080 2011$ | -1.1% |
| 1981 | 1,855 2011$ | -10.8% |
| 1982 | 1,784 2011$ | -3.8% |
| 1983 | 1,631 2011$ | -8.6% |
| 1984 | 1,527 2011$ | -6.4% |
| 1985 | 1,621 2011$ | +6.2% |
| 1986 | 1,610 2011$ | -0.7% |
| 1987 | 1,556 2011$ | -3.4% |
| 1988 | 1,667 2011$ | +7.1% |
| 1989 | 1,729 2011$ | +3.7% |
| 1990 | 1,773 2011$ | +2.5% |
| 1991 | 1,759 2011$ | -0.8% |
| 1992 | 1,794 2011$ | +2.0% |
| 1993 | 1,818 2011$ | +1.3% |
| 1994 | 1,820 2011$ | +0.1% |
| 1995 | 1,851 2011$ | +1.7% |
| 1996 | 1,924 2011$ | +3.9% |
| 1997 | 1,977 2011$ | +2.8% |
| 1998 | 2,026 2011$ | +2.5% |
| 1999 | 2,035 2011$ | +0.4% |
| 2000 | 2,145 2011$ | +5.4% |
| 2001 | 2,283 2011$ | +6.4% |
| 2002 | 2,609 2011$ | +14.3% |
| 2003 | 2,848 2011$ | +9.2% |
| 2004 | 3,137 2011$ | +10.1% |
| 2005 | 3,348 2011$ | +6.7% |
| 2006 | 3,565 2011$ | +6.5% |
| 2007 | 3,817 2011$ | +7.1% |
| 2008 | 4,084 2011$ | +7.0% |
| 2009 | 4,416 2011$ | +8.1% |
| 2010 | 4,905 2011$ | +11.1% |
| 2011 | 5,136 2011$ | +4.7% |
| 2012 | 5,223 2011$ | +1.7% |
| 2013 | 5,370 2011$ | +2.8% |
| 2014 | 5,569 2011$ | +3.7% |
| 2015 | 5,578 2011$ | +0.2% |
| 2016 | 5,360 2011$ | -3.9% |
| 2017 | 5,271 2011$ | -1.7% |
| 2018 | 5,238 2011$ | -0.6% |
Nigeria compared with similar countries
- Nigeria's 5,238 2011$ is above the median for lower middle income countries, which is 4,183 2011$, 1.3× the median. (34 countries reporting)
- Nigeria's 5,238 2011$ is above the median for Sub-Saharan Africa, which is 2,046 2011$, 2.6× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1,306 2011$ | 1,200 2011$ | 1,382 2011$ | 10 |
| 1960s | 1,342 2011$ | 1,114 2011$ | 1,505 2011$ | 10 |
| 1970s | 2,035 2011$ | 1,744 2011$ | 2,220 2011$ | 10 |
| 1980s | 1,706 2011$ | 1,527 2011$ | 2,080 2011$ | 10 |
| 1990s | 1,878 2011$ | 1,759 2011$ | 2,035 2011$ | 10 |
| 2000s | 3,225 2011$ | 2,145 2011$ | 4,416 2011$ | 10 |
| 2010s | 5,294 2011$ | 4,905 2011$ | 5,578 2011$ | 9 |
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$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Nigeria?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Nigeria was 5,238 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Nigeria?
- The highest recorded value was 5,578 2011$ in 2015.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Nigeria?
- The lowest recorded value was 1,114 2011$ in 1968.
- How does Nigeria rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Nigeria ranks 105th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Nigeria?
- Over the last ten years it is up 28.2%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
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About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]