The Gross Domestic Product per capita in Nigeria was last recorded at 2273.22 US dollars in 2020. The GDP per Capita in Nigeria is equivalent to 18 percent of the world's average. source: World Bank

GDP per capita in Nigeria averaged 1746.62 USD from 1960 until 2020, reaching an all time high of 2550.47 USD in 2014 and a record low of 1139.82 USD in 1968. This page provides the latest reported value for - Nigeria GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Nigeria GDP per capita - values, historical data and charts - was last updated on July of 2021.

GDP per capita in Nigeria is expected to reach 2300.00 USD by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria GDP per capita is projected to trend around 2450.00 USD in 2022, according to our econometric models.

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Nigeria GDP per capita

Actual Previous Highest Lowest Dates Unit Frequency
2273.22 2374.37 2550.47 1139.82 1960 - 2020 USD Yearly
Constant 2010 USD

Nigeria GDP Last Previous Highest Lowest Unit
GDP Growth Rate -13.90 9.68 12.12 -14.27 percent [+]
GDP Annual Growth Rate 0.51 0.11 6.88 -6.10 percent [+]
GDP 432.30 448.10 546.70 4.20 USD Billion [+]
GDP Constant Prices 16826890.29 19550147.90 19550147.90 12583478.33 NGN Million [+]
Gross Fixed Capital Formation 2944319.35 2396979.75 3108123.30 17236.65 NGN Million [+]
GDP per capita 2273.22 2374.37 2550.47 1139.82 USD [+]
GDP per capita PPP 4916.72 5135.50 5516.39 2901.77 USD [+]
GDP From Agriculture 3760880.60 5268290.12 5484063.93 2594759.86 NGN Million [+]
GDP From Construction 692520.88 679254.80 752833.66 369190.91 NGN Million [+]
GDP From Manufacturing 1670393.69 1681421.10 1718985.30 875408.17 NGN Million [+]
GDP From Mining 1556073.55 1147137.70 2406675.90 1147137.70 NGN Million [+]
GDP From Public Administration 278241.06 435517.94 614330.87 278241.06 NGN Millions [+]
GDP From Services 6836847.32 7707176.57 7707176.57 4564086.31 NGN Millions [+]
GDP From Transport 231805.43 258748.42 296779.23 118654.96 NGN Millions [+]
GDP From Utilities 394015.61 118494.67 394015.61 51342.43 NGN Million [+]


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