Nigeria - GDP per capita

GDP per capita (current US$)

The latest value for GDP per capita (current US$) in Nigeria was $2,175.67 as of 2016. Over the past 56 years, the value for this indicator has fluctuated between $3,221.68 in 2014 and $92.96 in 1960.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $92.96
1961 $96.98
1962 $104.39
1963 $107.54
1964 $113.17
1965 $117.19
1966 $124.31
1967 $99.41
1968 $97.20
1969 $121.25
1970 $224.11
1971 $160.25
1972 $209.24
1973 $252.25
1974 $402.87
1975 $438.34
1976 $556.66
1977 $536.12
1978 $527.15
1979 $661.98
1980 $873.96
1981 $809.15
1982 $663.43
1983 $446.14
1984 $349.71
1985 $345.33
1986 $241.46
1987 $273.47
1988 $257.29
1989 $260.99
1990 $322.84
1991 $280.30
1992 $292.36
1993 $153.65
1994 $171.67
1995 $264.30
1996 $315.97
1997 $315.55
1998 $274.99
1999 $300.61
2000 $379.12
2001 $351.80
2002 $459.46
2003 $512.65
2004 $648.82
2005 $807.89
2006 $1,019.74
2007 $1,136.83
2008 $1,383.89
2009 $1,097.66
2010 $2,327.32
2011 $2,527.94
2012 $2,755.30
2013 $2,996.96
2014 $3,221.68
2015 $2,655.16
2016 $2,175.67

GDP per capita (current LCU)

The value for GDP per capita (current LCU) in Nigeria was 551,511.40 as of 2016. As the graph below shows, over the past 56 years this indicator reached a maximum value of 551,511.40 in 2016 and a minimum value of 66.40 in 1960.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 66.40
1961 69.27
1962 74.56
1963 76.82
1964 80.84
1965 83.71
1966 88.79
1967 71.01
1968 69.43
1969 86.61
1970 160.08
1971 181.09
1972 188.10
1973 203.82
1974 317.87
1975 362.07
1976 438.65
1977 499.66
1978 520.29
1979 601.08
1980 684.31
1981 685.35
1982 692.62
1983 729.44
1984 789.30
1985 879.55
1986 872.87
1987 1,270.27
1988 1,635.61
1989 2,460.59
1990 2,955.29
1991 3,367.27
1992 5,542.18
1993 6,960.20
1994 8,974.90
1995 18,595.84
1996 25,277.37
1997 25,603.91
1998 24,198.89
1999 27,757.66
2000 38,555.41
2001 39,131.13
2002 55,400.52
2003 66,245.95
2004 86,219.74
2005 106,055.70
2006 131,191.70
2007 143,022.40
2008 164,055.00
2009 163,443.70
2010 349,791.70
2011 391,174.50
2012 433,955.80
2013 471,456.10
2014 510,805.40
2015 525,316.40
2016 551,511.40

GDP per capita (constant 2010 US$)

The latest value for GDP per capita (constant 2010 US$) in Nigeria was 2,456 as of 2016. Over the past 56 years, the value for this indicator has fluctuated between 2,563 in 2014 and 1,089 in 1968.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 1,300
1961 1,276
1962 1,301
1963 1,383
1964 1,421
1965 1,459
1966 1,367
1967 1,127
1968 1,089
1969 1,323
1970 1,616
1971 1,804
1972 1,821
1973 1,873
1974 2,029
1975 1,872
1976 1,983
1977 2,040
1978 1,865
1979 1,933
1980 1,957
1981 1,655
1982 1,595
1983 1,477
1984 1,411
1985 1,489
1986 1,324
1987 1,151
1988 1,206
1989 1,251
1990 1,374
1991 1,332
1992 1,304
1993 1,298
1994 1,278
1995 1,243
1996 1,273
1997 1,276
1998 1,279
1999 1,253
2000 1,287
2001 1,311
2002 1,326
2003 1,427
2004 1,860
2005 1,875
2006 1,977
2007 2,057
2008 2,129
2009 2,217
2010 2,327
2011 2,377
2012 2,413
2013 2,476
2014 2,563
2015 2,563
2016 2,456

GDP per capita (constant LCU)

The value for GDP per capita (constant LCU) in Nigeria was 369,120 as of 2016. As the graph below shows, over the past 56 years this indicator reached a maximum value of 385,228 in 2014 and a minimum value of 163,696 in 1968.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 195,380
1961 191,823
1962 195,591
1963 207,935
1964 213,630
1965 219,323
1966 205,531
1967 169,452
1968 163,696
1969 198,808
1970 242,910
1971 271,131
1972 273,720
1973 281,533
1974 305,022
1975 281,322
1976 298,047
1977 306,648
1978 280,307
1979 290,461
1980 294,148
1981 248,688
1982 239,747
1983 221,940
1984 212,022
1985 223,857
1986 199,012
1987 173,012
1988 181,230
1989 187,975
1990 206,575
1991 200,139
1992 196,002
1993 195,153
1994 192,080
1995 186,781
1996 191,289
1997 191,816
1998 192,179
1999 188,331
2000 193,442
2001 196,966
2002 199,332
2003 214,461
2004 279,564
2005 281,813
2006 297,095
2007 309,139
2008 319,934
2009 333,135
2010 349,792
2011 357,204
2012 362,648
2013 372,130
2014 385,228
2015 385,142
2016 369,120

GDP per capita, PPP (current international $)

The latest value for GDP per capita, PPP (current international $) in Nigeria was 5,872 as of 2016. Over the past 26 years, the value for this indicator has fluctuated between 6,050 in 2015 and 1,966 in 1990.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 1,966
1991 1,968
1992 1,971
1993 2,009
1994 2,020
1995 2,005
1996 2,091
1997 2,133
1998 2,160
1999 2,149
2000 2,258
2001 2,351
2002 2,416
2003 2,651
2004 3,551
2005 3,694
2006 4,014
2007 4,288
2008 4,525
2009 4,748
2010 5,046
2011 5,259
2012 5,438
2013 5,670
2014 5,975
2015 6,050
2016 5,872

GDP per capita, PPP (constant 2011 international $)

The latest value for GDP per capita, PPP (constant 2011 international $) in Nigeria was 5,435 as of 2016. Over the past 26 years, the value for this indicator has fluctuated between 5,672 in 2014 and 2,750 in 1995.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 3,042
1991 2,947
1992 2,886
1993 2,873
1994 2,828
1995 2,750
1996 2,816
1997 2,824
1998 2,830
1999 2,773
2000 2,848
2001 2,900
2002 2,935
2003 3,158
2004 4,116
2005 4,149
2006 4,374
2007 4,552
2008 4,711
2009 4,905
2010 5,150
2011 5,259
2012 5,339
2013 5,479
2014 5,672
2015 5,671
2016 5,435

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts