PPP conversion factor for private consumption in Nigeria
Nigeria: PPP conversion factor for private consumption was 318.06 LCU per international $ in 2025. ◆ Volatile
PPP conversion factor for private consumption in Nigeria, 1990–2025
Source: ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data. Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor for private consumption in Nigeria is 318.06 LCU per international $, measured in 2025. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 19.8% on the previous year and up 226.6% over ten years.
Over the whole period, ppp conversion factor for private consumption in Nigeria peaked at 318.06 LCU per international $ in 2025 and was at its lowest, 3.13 LCU per international $, in 1990.
Nigeria ranks 26th of 201 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.21 LCU per international $ | 3.13 LCU per international $ | 28.19 LCU per international $ | 10 |
| 2000s | 48.65 LCU per international $ | 29.16 LCU per international $ | 69.52 LCU per international $ | 10 |
| 2010s | 101.01 LCU per international $ | 77.8 LCU per international $ | 132.44 LCU per international $ | 10 |
| 2020s | 209.77 LCU per international $ | 142.75 LCU per international $ | 318.06 LCU per international $ | 6 |
Countries ranked near Nigeria
- 23 Chile 486.88 LCU per international $ compare
- 24 Rwanda 372.71 LCU per international $ compare
- 25 Angola 364.1 LCU per international $ compare
- 27 Costa Rica 314.54 LCU per international $ compare
- 28 Gabon 280.85 LCU per international $ compare
- 29 Equatorial Guinea 275.68 LCU per international $ compare
More economy & growth data for Nigeria
- Inflation of consumer prices 23.0% (2025)
- GDP per capita 2,369 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.3% (2025)
- Gross domestic product (GDP) 562.59 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,369 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,518 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 35.23 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 23.20 billion current US$ (2025)
- Taxes less subsidies on products 10.36 trillion current LCU (2025)
- Taxes less subsidies on products 6.82 billion current US$ (2025)
Frequently asked questions
- What is ppp conversion factor for private consumption in Nigeria?
- Ppp conversion factor for private consumption in Nigeria was 318.06 LCU per international $ in 2025, according to ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Nigeria?
- The highest recorded value was 318.06 LCU per international $ in 2025.
- What is the lowest ppp conversion factor for private consumption recorded in Nigeria?
- The lowest recorded value was 3.13 LCU per international $ in 1990.
- How does Nigeria rank for ppp conversion factor for private consumption?
- Nigeria ranks 26th out of 201 countries with data for 2025.
- Is ppp conversion factor for private consumption rising or falling in Nigeria?
- Over the last ten years it is up 226.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data, published as part of PPP conversion factor for private consumption. Statizoid updates them automatically from the source API.
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