Domestic comprehensive wealth per capita index in Nigeria
Nigeria: Domestic comprehensive wealth per capita index was 19,071 current US$ in 2020. ▼ Falling
Latest (2020)
19,071 current US$
Change on year
down 12.2%
World rank
112th
of 151 countries
All-time high
33,500 current US$
in 1998
All-time low
17,329 current US$
in 2017
Years of data
26
1995–2020
Domestic comprehensive wealth per capita index in Nigeria, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
In 2020, domestic comprehensive wealth per capita index in Nigeria stood at 19,071 current US$.
That represents a change of down 12.2% on the previous year and down 41.1% over ten years.
Over the whole period, domestic comprehensive wealth per capita index in Nigeria peaked at 33,500 current US$ in 1998 and was at its lowest, 17,329 current US$, in 2017.
That places Nigeria 112th out of 151 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Domestic comprehensive wealth per capita index in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 27,790 current US$ | — |
| 1996 | 30,606 current US$ | +10.1% |
| 1997 | 32,038 current US$ | +4.7% |
| 1998 | 33,500 current US$ | +4.6% |
| 1999 | 18,348 current US$ | -45.2% |
| 2000 | 17,812 current US$ | -2.9% |
| 2001 | 19,015 current US$ | +6.8% |
| 2002 | 19,514 current US$ | +2.6% |
| 2003 | 18,454 current US$ | -5.4% |
| 2004 | 17,995 current US$ | -2.5% |
| 2005 | 21,862 current US$ | +21.5% |
| 2006 | 25,177 current US$ | +15.2% |
| 2007 | 26,175 current US$ | +4.0% |
| 2008 | 31,770 current US$ | +21.4% |
| 2009 | 22,050 current US$ | -30.6% |
| 2010 | 32,368 current US$ | +46.8% |
| 2011 | 25,320 current US$ | -21.8% |
| 2012 | 26,716 current US$ | +5.5% |
| 2013 | 25,799 current US$ | -3.4% |
| 2014 | 26,845 current US$ | +4.1% |
| 2015 | 20,762 current US$ | -22.7% |
| 2016 | 18,248 current US$ | -12.1% |
| 2017 | 17,329 current US$ | -5.0% |
| 2018 | 19,874 current US$ | +14.7% |
| 2019 | 21,720 current US$ | +9.3% |
| 2020 | 19,071 current US$ | -12.2% |
Nigeria compared with similar countries
- Nigeria's 19,071 current US$ is below the median for lower middle income countries, which is 19,540 current US$, 98% of the median. (39 countries reporting)
- Nigeria's 19,071 current US$ is above the median for Sub-Saharan Africa, which is 13,866 current US$, 1.4× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28,457 current US$ | 18,348 current US$ | 33,500 current US$ | 5 |
| 2000s | 21,982 current US$ | 17,812 current US$ | 31,770 current US$ | 10 |
| 2010s | 23,498 current US$ | 17,329 current US$ | 32,368 current US$ | 10 |
| 2020s | 19,071 current US$ | 19,071 current US$ | 19,071 current US$ | 1 |
Countries ranked near Nigeria
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
Frequently asked questions
- What is domestic comprehensive wealth per capita index in Nigeria?
- Domestic comprehensive wealth per capita index in Nigeria was 19,071 current US$ in 2020, according to the World Bank.
- What is the highest domestic comprehensive wealth per capita index recorded in Nigeria?
- The highest recorded value was 33,500 current US$ in 1998.
- What is the lowest domestic comprehensive wealth per capita index recorded in Nigeria?
- The lowest recorded value was 17,329 current US$ in 2017.
- How does Nigeria rank for domestic comprehensive wealth per capita index?
- Nigeria ranks 112th out of 151 countries with data for 2020.
- Is domestic comprehensive wealth per capita index rising or falling in Nigeria?
- Over the last ten years it is down 41.1%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from the World Bank, published as part of Domestic comprehensive wealth per capita index (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).