Gross National Income — Value Standard Local Currency, per capita in Nigeria

Nigeria: Gross National Income — Value Standard Local Currency, per capita was 0.9439 million SLC per person in 2023. ◆ Volatile

Latest (2023)
0.9439 million SLC per person
Change on year
up 13.3%
World rank
43rd
of 194 countries
All-time high
0.9439 million SLC per person
in 2023
All-time low
0.0004 million SLC per person
in 1970
Years of data
54
1970–2023

Gross National Income — Value Standard Local Currency, per capita in Nigeria, 1970–2023

00.20.40.60.81197019962023

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

In 2023, gross national income — value standard local currency, per capita in Nigeria stood at 0.9439 million SLC per person. That is the highest value across all 54 years on record.

That represents a change of up 13.3% on the previous year and up 123.5% over ten years.

Over the whole period, gross national income — value standard local currency, per capita in Nigeria peaked at 0.9439 million SLC per person in 2023 and was at its lowest, 0.0004 million SLC per person, in 1970.

That places Nigeria 43rd out of 194 countries with data for 2023, putting it in the top quarter.

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

Gross National Income — Value Standard Local Currency, per capita in Nigeria, year by year

Annual values for Gross National Income — Value Standard Local Currency, per capita in Nigeria, 1970 to 2023.
Year million SLC per person Change
1970 0.0004 million SLC per person
1971 0.0004 million SLC per person +13.1%
1972 0.0005 million SLC per person +9.6%
1973 0.0005 million SLC per person +12.1%
1974 0.0008 million SLC per person +51.1%
1975 0.0009 million SLC per person +22.7%
1976 0.0011 million SLC per person +21.0%
1977 0.0013 million SLC per person +15.8%
1978 0.0014 million SLC per person +6.6%
1979 0.0016 million SLC per person +11.5%
1980 0.0018 million SLC per person +13.1%
1981 0.0018 million SLC per person +1.4%
1982 0.0019 million SLC per person +3.1%
1983 0.0019 million SLC per person +4.3%
1984 0.002 million SLC per person +1.2%
1985 0.0022 million SLC per person +9.8%
1986 0.0021 million SLC per person -1.1%
1987 0.0024 million SLC per person +14.2%
1988 0.0031 million SLC per person +28.3%
1989 0.004 million SLC per person +29.1%
1990 0.0047 million SLC per person +15.2%
1991 0.0055 million SLC per person +17.5%
1992 0.0078 million SLC per person +42.8%
1993 0.0107 million SLC per person +37.0%
1994 0.0152 million SLC per person +42.1%
1995 0.0262 million SLC per person +72.3%
1996 0.0336 million SLC per person +28.4%
1997 0.0355 million SLC per person +5.4%
1998 0.0376 million SLC per person +5.9%
1999 0.0413 million SLC per person +10.0%
2000 0.0516 million SLC per person +24.8%
2001 0.0589 million SLC per person +14.3%
2002 0.0815 million SLC per person +38.3%
2003 0.094 million SLC per person +15.3%
2004 0.1236 million SLC per person +31.6%
2005 0.1532 million SLC per person +23.9%
2006 0.2004 million SLC per person +30.8%
2007 0.2103 million SLC per person +4.9%
2008 0.2352 million SLC per person +11.8%
2009 0.2454 million SLC per person +4.3%
2010 0.3135 million SLC per person +27.7%
2011 0.3491 million SLC per person +11.4%
2012 0.3897 million SLC per person +11.6%
2013 0.4223 million SLC per person +8.4%
2014 0.4646 million SLC per person +10.0%
2015 0.4838 million SLC per person +4.1%
2016 0.4855 million SLC per person +0.3%
2017 0.5265 million SLC per person +8.4%
2018 0.5747 million SLC per person +9.2%
2019 0.6398 million SLC per person +11.3%
2020 0.6727 million SLC per person +5.2%
2021 0.7455 million SLC per person +10.8%
2022 0.8334 million SLC per person +11.8%
2023 0.9439 million SLC per person +13.3%

Biggest year-on-year movements

Years where Gross National Income — Value Standard Local Currency, per capita 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.

YearChange FromTo
1995 +72.3% 0.0152 million SLC per person 0.0262 million SLC per person

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0009 million SLC per person 0.0004 million SLC per person 0.0016 million SLC per person 10
1980s 0.0023 million SLC per person 0.0018 million SLC per person 0.004 million SLC per person 10
1990s 0.0218 million SLC per person 0.0047 million SLC per person 0.0413 million SLC per person 10
2000s 0.1454 million SLC per person 0.0516 million SLC per person 0.2454 million SLC per person 10
2010s 0.465 million SLC per person 0.3135 million SLC per person 0.6398 million SLC per person 10
2020s 0.7989 million SLC per person 0.6727 million SLC per person 0.9439 million SLC per person 4

Countries ranked near Nigeria

  1. 40 Senegal 1.01 million SLC per person compare
  2. 41 Sudan 0.9789 million SLC per person compare
  3. 42 Albania 0.9455 million SLC per person compare
  4. 44 Norway 0.9337 million SLC per person compare
  5. 45 Benin 0.8386 million SLC per person compare
  6. 46 Uruguay 0.8032 million SLC per person compare

See the full ranking of 194 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is gross national income — value standard local currency, per capita in Nigeria?
Gross national income — value standard local currency, per capita in Nigeria was 0.9439 million SLC per person in 2023, according to Statizoid (derived).
What is the highest gross national income — value standard local currency, per capita recorded in Nigeria?
The highest recorded value was 0.9439 million SLC per person in 2023.
What is the lowest gross national income — value standard local currency, per capita recorded in Nigeria?
The lowest recorded value was 0.0004 million SLC per person in 1970.
How does Nigeria rank for gross national income — value standard local currency, per capita?
Nigeria ranks 43rd out of 194 countries with data for 2023.
Is gross national income — value standard local currency, per capita rising or falling in Nigeria?
Over the last ten years it is up 123.5%. 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 Gross National Income — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.

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Gross National Income — Value Standard Local Currency, per capita in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-per-capita/nigeria/

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How this figure is calculated

Gross National Income — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross National Income — Value Standard Local Currency ÷ Population, total

Computed from

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
Gross National Income — Value Standard Local Currency, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,756 data points, 1970–2023
Last refreshed

Gross National Income — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.