Gross domestic product (GDP), Current prices, Per capita, US dollar in Nigeria
Nigeria: Gross domestic product (GDP), Current prices, Per capita, US dollar was 1,844 in 2031. ▲ Rising
Gross domestic product (GDP), Current prices, Per capita, US dollar in Nigeria, 1990–2031
Source: International Monetary Fund.
Analysis
In 2031, gross domestic product (gdp), current prices, per capita, us dollar in Nigeria stood at 1,844.
The figure is up 4.6% on the previous year and down 33.9% over ten years.
Over the whole period, gross domestic product (gdp), current prices, per capita, us dollar in Nigeria peaked at 4,363 in 2014 and was at its lowest, 667.01, in 1999.
Nigeria ranks 26th of 26 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 42 years of available data.
Gross domestic product (GDP), Current prices, Per capita, US dollar in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 935.18 | — |
| 1991 | 878.86 | -6.0% |
| 1992 | 742.33 | -15.5% |
| 1993 | 783.75 | +5.6% |
| 1994 | 1,074 | +37.0% |
| 1995 | 1,722 | +60.3% |
| 1996 | 2,185 | +26.9% |
| 1997 | 2,310 | +5.7% |
| 1998 | 2,504 | +8.4% |
| 1999 | 667.01 | -73.4% |
| 2000 | 764.71 | +14.6% |
| 2001 | 801.08 | +4.8% |
| 2002 | 1,000 | +24.9% |
| 2003 | 1,064 | +6.4% |
| 2004 | 1,310 | +23.0% |
| 2005 | 1,656 | +26.5% |
| 2006 | 2,113 | +27.6% |
| 2007 | 2,454 | +16.1% |
| 2008 | 3,002 | +22.3% |
| 2009 | 2,631 | -12.4% |
| 2010 | 3,161 | +20.2% |
| 2011 | 3,451 | +9.2% |
| 2012 | 3,734 | +8.2% |
| 2013 | 4,059 | +8.7% |
| 2014 | 4,363 | +7.5% |
| 2015 | 3,651 | -16.3% |
| 2016 | 2,918 | -20.1% |
| 2017 | 2,642 | -9.5% |
| 2018 | 2,898 | +9.7% |
| 2019 | 3,190 | +10.1% |
| 2020 | 2,798 | -12.3% |
| 2021 | 2,789 | -0.3% |
| 2022 | 2,893 | +3.7% |
| 2023 | 2,139 | -26.1% |
| 2024 | 1,084 | -49.3% |
| 2025 | 1,223 | +12.8% |
| 2026 | 1,556 | +27.2% |
| 2027 | 1,565 | +0.6% |
| 2028 | 1,604 | +2.5% |
| 2029 | 1,684 | +5.0% |
| 2030 | 1,763 | +4.7% |
| 2031 | 1,844 | +4.6% |
Nigeria compared with similar countries
- Nigeria's 1,844 is below the median for lower middle income countries, which is 4,421, 42% of the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,380 | 667.01 | 2,504 | 10 |
| 2000s | 1,680 | 764.71 | 3,002 | 10 |
| 2010s | 3,407 | 2,642 | 4,363 | 10 |
| 2020s | 1,933 | 1,084 | 2,893 | 10 |
| 2030s | 1,803 | 1,763 | 1,844 | 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 gross domestic product (gdp), current prices, per capita, us dollar in Nigeria?
- Gross domestic product (gdp), current prices, per capita, us dollar in Nigeria was 1,844 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, per capita, us dollar recorded in Nigeria?
- The highest recorded value was 4,363 in 2014.
- What is the lowest gross domestic product (gdp), current prices, per capita, us dollar recorded in Nigeria?
- The lowest recorded value was 667.01 in 1999.
- How does Nigeria rank for gross domestic product (gdp), current prices, per capita, us dollar?
- Nigeria ranks 26th out of 26 countries with data for 2031.
- Is gross domestic product (gdp), current prices, per capita, us dollar rising or falling in Nigeria?
- Over the last ten years it is down 33.9%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Per capita, US dollar (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.