Gross domestic product (GDP), Per capita, purchasing power parity in Nigeria

Nigeria: Gross domestic product (GDP), Per capita, purchasing power parity was 12,131 in 2031. ▲ Rising

Latest (2031)
12,131
Change on year
up 3.9%
World rank
24th
of 26 countries
All-time high
12,131
in 2031
All-time low
2,488
in 1991
Years of data
42
1990–2031

Gross domestic product (GDP), Per capita, purchasing power parity in Nigeria, 1990–2031

2.0k4.0k6.0k8.0k10.0k12.0k1990201020311990: 2.5k1991: 2.5k1992: 2.5k1993: 2.6k1994: 2.5k1995: 2.6k1996: 2.6k1997: 2.7k1998: 2.7k1999: 2.7k2000: 2.8k2001: 3.0k2002: 3.4k2003: 3.7k2004: 4.0k2005: 4.3k2006: 4.6k2007: 4.9k2008: 5.2k2009: 5.6k2010: 6.1k2011: 6.3k2012: 6.5k2013: 6.8k2014: 7.2k2015: 7.3k2016: 7.0k2017: 7.0k2018: 7.2k2019: 7.6k2020: 7.4k2021: 7.6k2022: 8.3k2023: 8.7k2024: 9.1k2025: 9.5k2026: 10.0k2027: 10.4k2028: 10.8k2029: 11.2k2030: 11.7k2031: 12.1k

Source: International Monetary Fund.

Analysis

The most recent figure for gross domestic product (gdp), per capita, purchasing power parity in Nigeria is 12,131, measured in 2031. That is the highest value across all 42 years on record.

Compared with earlier readings it is up 3.9% on the previous year and up 59.9% over ten years.

Over the whole period, gross domestic product (gdp), per capita, purchasing power parity in Nigeria peaked at 12,131 in 2031 and was at its lowest, 2,488, in 1991.

Nigeria ranks 24th 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), Per capita, purchasing power parity in Nigeria, year by year

Annual values for Gross domestic product (GDP), Per capita, purchasing power parity (PPP) international dollar, ICP benchmarks 2017-2021 (9/26/2025) in Nigeria, 1990 to 2031.
Year Value Change
1990 2,490
1991 2,488 -0.1%
1992 2,526 +1.6%
1993 2,552 +1.0%
1994 2,539 -0.5%
1995 2,566 +1.1%
1996 2,641 +2.9%
1997 2,686 +1.7%
1998 2,704 +0.7%
1999 2,679 -1.0%
2000 2,808 +4.8%
2001 2,976 +6.0%
2002 3,365 +13.1%
2003 3,651 +8.5%
2004 4,023 +10.2%
2005 4,314 +7.2%
2006 4,611 +6.9%
2007 4,938 +7.1%
2008 5,242 +6.2%
2009 5,552 +5.9%
2010 6,075 +9.4%
2011 6,323 +4.1%
2012 6,533 +3.3%
2013 6,815 +4.3%
2014 7,179 +5.3%
2015 7,252 +1.0%
2016 7,026 -3.1%
2017 7,037 +0.1%
2018 7,158 +1.7%
2019 7,551 +5.5%
2020 7,415 -1.8%
2021 7,588 +2.3%
2022 8,304 +9.4%
2023 8,712 +4.9%
2024 9,100 +4.5%
2025 9,533 +4.8%
2026 9,994 +4.8%
2027 10,435 +4.4%
2028 10,817 +3.7%
2029 11,239 +3.9%
2030 11,679 +3.9%
2031 12,131 +3.9%

Nigeria compared with similar countries

  • Nigeria's 12,131 is above the median for lower middle income countries, which is 12,131, 1.0× the median. (5 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 2,587 2,488 2,704 10
2000s 4,148 2,808 5,552 10
2010s 6,895 6,075 7,551 10
2020s 9,314 7,415 11,239 10
2030s 11,905 11,679 12,131 2

Countries ranked near Nigeria

  1. 21 Iran, Islamic Republic of 23,479 compare
  2. 22 Ecuador 21,437 compare
  3. 23 India 18,485 compare
  4. 25 Ghana 11,708 compare
  5. 26 Honduras 10,066 compare

See the full ranking of 26 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is gross domestic product (gdp), per capita, purchasing power parity in Nigeria?
Gross domestic product (gdp), per capita, purchasing power parity in Nigeria was 12,131 in 2031, according to International Monetary Fund.
What is the highest gross domestic product (gdp), per capita, purchasing power parity recorded in Nigeria?
The highest recorded value was 12,131 in 2031.
What is the lowest gross domestic product (gdp), per capita, purchasing power parity recorded in Nigeria?
The lowest recorded value was 2,488 in 1991.
How does Nigeria rank for gross domestic product (gdp), per capita, purchasing power parity?
Nigeria ranks 24th out of 26 countries with data for 2031.
Is gross domestic product (gdp), per capita, purchasing power parity rising or falling in Nigeria?
Over the last ten years it is up 59.9%. 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), Per capita, purchasing power parity (PPP) international dollar, ICP benchmarks 2017-2021 (9/26/2025). Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Per capita, purchasing power parity in Nigeria. Statizoid, drawing on International Monetary Fund. Retrieved 15 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-per-capita-purchasing-power-parity-ppp-international-dollar/nigeria/

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About this data

Indicator
Gross domestic product (GDP), Per capita, purchasing power parity (PPP) international dollar, ICP benchmarks 2017-2021 (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
26 places, 1,277 data points, 1980–2031
Last refreshed

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.