Human capital in Nigeria

Nigeria: Human capital was 1.22 trillion current US$ in 2020. β–² Rising

Latest (2020)
1.22 trillion current US$
Change on year
down 9.1%
World rank
46th
of 150 countries
All-time high
2.81 trillion current US$
in 2010
All-time low
515.25 billion current US$
in 1999
Years of data
26
1995–2020

Human capital in Nigeria, 1995–2020

500.0B1.0T1.5T2.0T2.5T3.0T1995200720201995: 1.2T current US$1996: 1.6T current US$1997: 1.8T current US$1998: 2.0T current US$1999: 515.2B current US$2000: 540.9B current US$2001: 720.0B current US$2002: 953.3B current US$2003: 950.6B current US$2004: 719.2B current US$2005: 913.7B current US$2006: 1.2T current US$2007: 1.4T current US$2008: 1.7T current US$2009: 1.6T current US$2010: 2.8T current US$2011: 1.2T current US$2012: 1.4T current US$2013: 1.5T current US$2014: 1.7T current US$2015: 1.4T current US$2016: 1.1T current US$2017: 1.1T current US$2018: 1.2T current US$2019: 1.3T current US$2020: 1.2T current US$

Source: World Bank. Measured in current US$.

Analysis

The most recent figure for human capital in Nigeria is 1.22 trillion current US$, measured in 2020.

That represents a change of down 9.1% on the previous year and down 56.7% over ten years.

Over the whole period, human capital in Nigeria peaked at 2.81 trillion current US$ in 2010 and was at its lowest, 515.25 billion current US$, in 1999.

Nigeria ranks 46th of 150 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.43 trillion current US$ 515.25 billion current US$ 2.03 trillion current US$ 5
2000s 1.06 trillion current US$ 540.87 billion current US$ 1.66 trillion current US$ 10
2010s 1.47 trillion current US$ 1.06 trillion current US$ 2.81 trillion current US$ 10
2020s 1.22 trillion current US$ 1.22 trillion current US$ 1.22 trillion current US$ 1

Countries ranked near Nigeria

  1. 43 Czechia 1.43 trillion current US$ compare
  2. 44 Portugal 1.27 trillion current US$ compare
  3. 45 Peru 1.26 trillion current US$ compare
  4. 47 Egypt 1.19 trillion current US$ compare
  5. 48 Romania 1.13 trillion current US$ compare
  6. 49 Ethiopia 1.07 trillion current US$ compare

See the full ranking of 151 places β†’

More reference data data for Nigeria

All data for Nigeria β†’

Frequently asked questions

What is human capital in Nigeria?
Human capital in Nigeria was 1.22 trillion current US$ in 2020, according to the World Bank.
What is the highest human capital recorded in Nigeria?
The highest recorded value was 2.81 trillion current US$ in 2010.
What is the lowest human capital recorded in Nigeria?
The lowest recorded value was 515.25 billion current US$ in 1999.
How does Nigeria rank for human capital?
Nigeria ranks 46th out of 150 countries with data for 2020.
Is human capital rising or falling in Nigeria?
Over the last ten years it is down 56.7%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from the World Bank, published as part of Human capital (current US$). Statizoid updates them automatically from the source API.

Download this data

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

About this data

Indicator
Human capital (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed