Is gross national income — value standard local currency, per unit of gdp rising or falling in Nigeria?

Over the last ten years it is up 200.2%. The long-run trend across the full record is volatile.

Gross National Income — Value Standard Local Currency, per unit of GDP in Nigeria

Name: Gross National Income — Value Standard Local Currency, per unit of GDP in Nigeria
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Nigeria: Gross National Income — Value Standard Local Currency, per unit of GDP was 0.0004 million SLC per US$ of GDP in 2023. ◆ Volatile

Latest (2023)

0.0004 million SLC per US$ of GDP

Change on year

up 53.5%

World rank

39th

of 193 countries

All-time high

0.0004 million SLC per US$ of GDP

in 2023

All-time low

0 million SLC per US$ of GDP

in 1981

Years of data

1970–2023

Gross National Income — Value Standard Local Currency, per unit of GDP in Nigeria, 1970–2023

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

Analysis

The most recent figure for gross national income — value standard local currency, per unit of gdp in Nigeria is 0.0004 million SLC per US$ of GDP, measured in 2023. That is the highest value across all 54 years on record.

That represents a change of up 53.5% on the previous year and up 200.2% over ten years.

Over the whole period, gross national income — value standard local currency, per unit of gdp in Nigeria peaked at 0.0004 million SLC per US$ of GDP in 2023 and was at its lowest, 0 million SLC per US$ of GDP, in 1981.

Nigeria ranks 39th of 193 countries on this measure, 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 unit of GDP in Nigeria, year by year

Annual values for Gross National Income — Value Standard Local Currency, per unit of GDP in Nigeria, 1970 to 2023.
Year	million SLC per US$ of GDP	Change
1970	0 million SLC per US$ of GDP	—
1971	0 million SLC per US$ of GDP	+58.2%
1972	0 million SLC per US$ of GDP	-16.0%
1973	0 million SLC per US$ of GDP	-7.0%
1974	0 million SLC per US$ of GDP	-5.3%
1975	0 million SLC per US$ of GDP	+12.8%
1976	0 million SLC per US$ of GDP	-4.7%
1977	0 million SLC per US$ of GDP	+20.2%
1978	0 million SLC per US$ of GDP	+8.4%
1979	0 million SLC per US$ of GDP	-11.2%
1980	0 million SLC per US$ of GDP	-14.1%
1981	0 million SLC per US$ of GDP	-59.2%
1982	0 million SLC per US$ of GDP	+22.4%
1983	0 million SLC per US$ of GDP	+57.4%
1984	0 million SLC per US$ of GDP	+37.2%
1985	0 million SLC per US$ of GDP	+12.5%
1986	0 million SLC per US$ of GDP	+36.7%
1987	0 million SLC per US$ of GDP	+22.1%
1988	0 million SLC per US$ of GDP	+39.8%
1989	0 million SLC per US$ of GDP	+49.7%
1990	0 million SLC per US$ of GDP	-3.6%
1991	0 million SLC per US$ of GDP	+9.5%
1992	0 million SLC per US$ of GDP	+67.7%
1993	0 million SLC per US$ of GDP	+29.1%
1994	0 million SLC per US$ of GDP	+2.9%
1995	0 million SLC per US$ of GDP	+0.9%
1996	0 million SLC per US$ of GDP	+0.0%
1997	0 million SLC per US$ of GDP	+0.0%
1998	0 million SLC per US$ of GDP	+0.0%
1999	0.0001 million SLC per US$ of GDP	+317.1%
2000	0.0001 million SLC per US$ of GDP	+9.6%
2001	0.0001 million SLC per US$ of GDP	+10.4%
2002	0.0001 million SLC per US$ of GDP	+10.0%
2003	0.0001 million SLC per US$ of GDP	+7.6%
2004	0.0001 million SLC per US$ of GDP	+4.3%
2005	0.0001 million SLC per US$ of GDP	-1.6%
2006	0.0001 million SLC per US$ of GDP	-0.9%
2007	0.0001 million SLC per US$ of GDP	-7.5%
2008	0.0001 million SLC per US$ of GDP	-5.7%
2009	0.0001 million SLC per US$ of GDP	+23.5%
2010	0.0001 million SLC per US$ of GDP	+5.6%
2011	0.0001 million SLC per US$ of GDP	+1.4%
2012	0.0001 million SLC per US$ of GDP	+2.5%
2013	0.0001 million SLC per US$ of GDP	-0.7%
2014	0.0002 million SLC per US$ of GDP	+2.3%
2015	0.0002 million SLC per US$ of GDP	+24.4%
2016	0.0002 million SLC per US$ of GDP	+25.3%
2017	0.0003 million SLC per US$ of GDP	+19.6%
2018	0.0003 million SLC per US$ of GDP	-0.5%
2019	0.0002 million SLC per US$ of GDP	-28.2%
2020	0.0002 million SLC per US$ of GDP	+19.9%
2021	0.0003 million SLC per US$ of GDP	+11.2%
2022	0.0003 million SLC per US$ of GDP	+7.5%
2023	0.0004 million SLC per US$ of GDP	+53.5%

Nigeria compared with similar countries

Nigeria's 0.0004 million SLC per US$ of GDP is above the median for lower middle income countries, which is 0.0001 million SLC per US$ of GDP, 4.6× the median. (44 countries reporting)
Nigeria's 0.0004 million SLC per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0005 million SLC per US$ of GDP, 91% of the median. (45 countries reporting)

Biggest year-on-year movements

Years where Gross National Income — Value Standard Local Currency, 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	+317.1%	0 million SLC per US$ of GDP	0.0001 million SLC per US$ of GDP

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	10
1980s	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	10
1990s	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	0.0001 million SLC per US$ of GDP	10
2000s	0.0001 million SLC per US$ of GDP	0.0001 million SLC per US$ of GDP	0.0001 million SLC per US$ of GDP	10
2010s	0.0002 million SLC per US$ of GDP	0.0001 million SLC per US$ of GDP	0.0003 million SLC per US$ of GDP	10
2020s	0.0003 million SLC per US$ of GDP	0.0002 million SLC per US$ of GDP	0.0004 million SLC per US$ of GDP	4

Countries ranked near Nigeria

36 Costa Rica 0.0005 million SLC per US$ of GDP compare
37 Mali 0.0005 million SLC per US$ of GDP compare
38 Comoros 0.0005 million SLC per US$ of GDP compare
40 Kazakhstan 0.0004 million SLC per US$ of GDP compare
41 Armenia 0.0004 million SLC per US$ of GDP compare
42 Hungary 0.0003 million SLC per US$ of GDP compare

See the full ranking of 193 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 gross national income — value standard local currency, per unit of gdp in Nigeria?: Gross national income — value standard local currency, per unit of gdp in Nigeria was 0.0004 million SLC per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest gross national income — value standard local currency, per unit of gdp recorded in Nigeria?: The highest recorded value was 0.0004 million SLC per US$ of GDP in 2023.
What is the lowest gross national income — value standard local currency, per unit of gdp recorded in Nigeria?: The lowest recorded value was 0 million SLC per US$ of GDP in 1981.
How does Nigeria rank for gross national income — value standard local currency, per unit of gdp?: Nigeria ranks 39th out of 193 countries with data for 2023.
Is gross national income — value standard local currency, per unit of gdp rising or falling in Nigeria?: Over the last ten years it is up 200.2%. 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 unit of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

Gross National Income — Value Standard Local Currency, per unit of GDP in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-per-unit-of-gdp/nigeria/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-per-unit-of-gdp/nigeria/">Gross National Income — Value Standard Local Currency, per unit of GDP in Nigeria</a> — Statizoid

How this figure is calculated

Gross National Income — Value Standard Local Currency divided by GDP (current US$), 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 ÷ GDP (current US$)

Computed from

Gross National Income — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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: Gross National Income — Value Standard Local Currency, per unit of GDP
Unit: million SLC per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 193 places, 9,251 data points, 1970–2023
Last refreshed: 22 September 2026

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