Foreign assets per capita in Nigeria

Nigeria: Foreign assets per capita was 370.44 real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
370.44 real chained 2019 US$
Change on year
down 16.0%
World rank
126th
of 149 countries
All-time high
2,053 real chained 2019 US$
in 2008
All-time low
370.44 real chained 2019 US$
in 2020
Years of data
26
1995–2020

Foreign assets per capita in Nigeria, 1995–2020

5001.0k1.5k2.0k1995200720201995: 1.2k real chained 2019 US$1996: 1.1k real chained 2019 US$1997: 1.4k real chained 2019 US$1998: 1.3k real chained 2019 US$1999: 815.3 real chained 2019 US$2000: 1.1k real chained 2019 US$2001: 1.0k real chained 2019 US$2002: 783.6 real chained 2019 US$2003: 740.3 real chained 2019 US$2004: 1,000 real chained 2019 US$2005: 1.3k real chained 2019 US$2006: 1.7k real chained 2019 US$2007: 1.9k real chained 2019 US$2008: 2.1k real chained 2019 US$2009: 1.6k real chained 2019 US$2010: 1.3k real chained 2019 US$2011: 1.3k real chained 2019 US$2012: 1.3k real chained 2019 US$2013: 1.2k real chained 2019 US$2014: 1.1k real chained 2019 US$2015: 695.2 real chained 2019 US$2016: 504.1 real chained 2019 US$2017: 505.8 real chained 2019 US$2018: 494.9 real chained 2019 US$2019: 441.1 real chained 2019 US$2020: 370.4 real chained 2019 US$

Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.

Analysis

Nigeria recorded 370.44 real chained 2019 US$ for foreign assets per capita in 2020. That is the lowest value across all 26 years on record.

That represents a change of down 16.0% on the previous year and down 72.4% over ten years.

Over the whole period, foreign assets per capita in Nigeria peaked at 2,053 real chained 2019 US$ in 2008 and was at its lowest, 370.44 real chained 2019 US$, in 2020.

Nigeria ranks 126th of 149 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,141 real chained 2019 US$ 815.29 real chained 2019 US$ 1,366 real chained 2019 US$ 5
2000s 1,329 real chained 2019 US$ 740.3 real chained 2019 US$ 2,053 real chained 2019 US$ 10
2010s 889.74 real chained 2019 US$ 441.06 real chained 2019 US$ 1,340 real chained 2019 US$ 10
2020s 370.44 real chained 2019 US$ 370.44 real chained 2019 US$ 370.44 real chained 2019 US$ 1

Countries ranked near Nigeria

  1. 123 Mozambique 420.49 real chained 2019 US$ compare
  2. 124 Nepal 415.52 real chained 2019 US$ compare
  3. 125 Laos 373.2 real chained 2019 US$ compare
  4. 127 Ghana 319.15 real chained 2019 US$ compare
  5. 128 Bangladesh 307.19 real chained 2019 US$ compare
  6. 129 Haiti 269.87 real chained 2019 US$ compare

See the full ranking of 150 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is foreign assets per capita in Nigeria?
Foreign assets per capita in Nigeria was 370.44 real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
What is the highest foreign assets per capita recorded in Nigeria?
The highest recorded value was 2,053 real chained 2019 US$ in 2008.
What is the lowest foreign assets per capita recorded in Nigeria?
The lowest recorded value was 370.44 real chained 2019 US$ in 2020.
How does Nigeria rank for foreign assets per capita?
Nigeria ranks 126th out of 149 countries with data for 2020.
Is foreign assets per capita rising or falling in Nigeria?
Over the last ten years it is down 72.4%. The long-run trend across the full record is falling.
Where does this Nigeria data come from?
The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Foreign assets per capita (real chained 2019 US$). Statizoid updates them automatically from the source API.

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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Foreign assets per capita (real chained 2019 US$)
Unit
real chained 2019 US$
Source
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
150 places, 3,820 data points, 1995–2020
Last refreshed

Net foreign assets is foreign assets minus foreign liabilities. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.