PPP conversion factor, households and NPISHs Final consumption in Nigeria
Nigeria: PPP conversion factor, households and NPISHs Final consumption was 318.06 LCU per international $ in 2025. ◆ Volatile
PPP conversion factor, households and NPISHs Final consumption in Nigeria, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor, households and npishs final consumption in Nigeria is 318.06 LCU per international $, measured in 2025. That is the highest value across all 36 years on record.
That represents a change of up 19.8% on the previous year and up 226.6% over ten years.
Over the whole period, ppp conversion factor, households and npishs final consumption in Nigeria peaked at 318.06 LCU per international $ in 2025 and was at its lowest, 3.13 LCU per international $, in 1990.
That places Nigeria 26th out of 205 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
PPP conversion factor, households and NPISHs Final consumption in Nigeria, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 3.13 LCU per international $ | — |
| 1991 | 3.4 LCU per international $ | +8.4% |
| 1992 | 4.77 LCU per international $ | +40.3% |
| 1993 | 7.28 LCU per international $ | +52.7% |
| 1994 | 11.14 LCU per international $ | +53.0% |
| 1995 | 18.73 LCU per international $ | +68.1% |
| 1996 | 23.52 LCU per international $ | +25.6% |
| 1997 | 24.95 LCU per international $ | +6.1% |
| 1998 | 27.02 LCU per international $ | +8.3% |
| 1999 | 28.19 LCU per international $ | +4.3% |
| 2000 | 29.16 LCU per international $ | +3.4% |
| 2001 | 33.71 LCU per international $ | +15.6% |
| 2002 | 37.46 LCU per international $ | +11.1% |
| 2003 | 41.77 LCU per international $ | +11.5% |
| 2004 | 46.78 LCU per international $ | +12.0% |
| 2005 | 53.32 LCU per international $ | +14.0% |
| 2006 | 55.91 LCU per international $ | +4.8% |
| 2007 | 57.29 LCU per international $ | +2.5% |
| 2008 | 61.56 LCU per international $ | +7.5% |
| 2009 | 69.52 LCU per international $ | +12.9% |
| 2010 | 77.8 LCU per international $ | +11.9% |
| 2011 | 83.58 LCU per international $ | +7.4% |
| 2012 | 87.49 LCU per international $ | +4.7% |
| 2013 | 91.81 LCU per international $ | +4.9% |
| 2014 | 94.28 LCU per international $ | +2.7% |
| 2015 | 97.4 LCU per international $ | +3.3% |
| 2016 | 104.82 LCU per international $ | +7.6% |
| 2017 | 115.95 LCU per international $ | +10.6% |
| 2018 | 124.54 LCU per international $ | +7.4% |
| 2019 | 132.44 LCU per international $ | +6.3% |
| 2020 | 142.75 LCU per international $ | +7.8% |
| 2021 | 155.72 LCU per international $ | +9.1% |
| 2022 | 171.36 LCU per international $ | +10.0% |
| 2023 | 205.17 LCU per international $ | +19.7% |
| 2024 | 265.54 LCU per international $ | +29.4% |
| 2025 | 318.06 LCU per international $ | +19.8% |
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
- 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)
- GNI (current LCU), annual growth rate 17.36 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1,471 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 1.80 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -60.89 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -65.3 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 22.87 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0235 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 28.71 current US$ per person (2025)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption in Nigeria?
- Ppp conversion factor, households and npishs final consumption in Nigeria was 318.06 LCU per international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, households and npishs final consumption recorded in Nigeria?
- The highest recorded value was 318.06 LCU per international $ in 2025.
- What is the lowest ppp conversion factor, households and npishs final consumption recorded in Nigeria?
- The lowest recorded value was 3.13 LCU per international $ in 1990.
- How does Nigeria rank for ppp conversion factor, households and npishs final consumption?
- Nigeria ranks 26th out of 205 countries with data for 2025.
- Is ppp conversion factor, households and npishs final 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 International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. They convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for households and NPISHs Final consumption expenditure and the base currency is the US dollar.