The Gross Domestic Product per capita in Nigeria was last recorded at 5135.50 US dollars in 2019, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Nigeria, when adjusted by Purchasing Power Parity is equivalent to 29 percent of the world's average.

GDP per capita PPP in Nigeria averaged 4042.17 USD from 1990 until 2019, reaching an all time high of 5516.40 USD in 2014 and a record low of 2901.80 USD in 1995. This page provides - Nigeria GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria GDP per capita PPP - values, historical data and charts - was last updated on July of 2020. source: World Bank

GDP per capita PPP in Nigeria is expected to reach 4900.00 USD by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria GDP per capita PPP is projected to trend around 5100.00 USD in 2021 and 5250.00 USD in 2022, according to our econometric models.

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Nigeria GDP per capita PPP

Actual Previous Highest Lowest Dates Unit Frequency
5135.50 5155.10 5516.40 2901.80 1990 - 2019 USD Yearly
Constant 2017 International Dollars

Nigeria GDP Last Previous Highest Lowest Unit
GDP Growth Rate -14.30 5.59 10.59 -14.30 percent [+]
GDP Annual Growth Rate 1.87 2.55 19.17 -7.81 percent [+]
GDP 448.10 398.20 568.50 4.20 USD Billion [+]
GDP Constant Prices 16893269.79 19750934.72 19750934.72 56260.04 NGN Million [+]
Gross Fixed Capital Formation 2976480.11 2565487.78 3108123.30 17236.65 NGN Million [+]
GDP per capita 2386.90 2396.00 2563.90 1145.80 USD [+]
GDP per capita PPP 5135.50 5155.10 5516.40 2901.80 USD [+]
GDP From Agriculture 3677153.49 5093983.13 5408978.92 2594759.86 NGN Million [+]
GDP From Construction 682791.74 671110.60 752833.66 369190.91 NGN Million [+]
GDP From Manufacturing 1615390.58 1707263.24 1718985.30 875408.17 NGN Million [+]
GDP From Mining 1591248.22 1429667.98 2406675.90 1228692.98 NGN Million [+]
GDP From Public Administration 280721.30 427802.26 614330.87 280721.30 NGN Millions [+]
GDP From Services 6477202.90 7472196.49 7472196.49 4564086.31 NGN Millions [+]
GDP From Transport 296779.23 275118.66 296779.23 144848.60 NGN Millions [+]
GDP From Utilities 63971.30 120431.63 127728.46 51342.43 NGN Million [+]


Nigeria GDP per capita PPP
The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population.