Human capital in Nigeria
Nigeria: Human capital was 1.22 trillion current US$ in 2020. ▲ Rising
Latest (2020)
1.22 trillion current US$
Change on year
down 9.1%
World rank
46th
of 151 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
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$, in 1999.
Nigeria ranks 46th of 151 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Human capital in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 1.25 trillion current US$ | — |
| 1996 | 1.57 trillion current US$ | +26.0% |
| 1997 | 1.78 trillion current US$ | +13.3% |
| 1998 | 2.03 trillion current US$ | +14.1% |
| 1999 | 515.25 billion current US$ | -74.7% |
| 2000 | 540.87 billion current US$ | +5.0% |
| 2001 | 719.99 billion current US$ | +33.1% |
| 2002 | 953.30 billion current US$ | +32.4% |
| 2003 | 950.64 billion current US$ | -0.3% |
| 2004 | 719.20 billion current US$ | -24.3% |
| 2005 | 913.71 billion current US$ | +27.0% |
| 2006 | 1.21 trillion current US$ | +32.9% |
| 2007 | 1.39 trillion current US$ | +14.4% |
| 2008 | 1.66 trillion current US$ | +19.4% |
| 2009 | 1.56 trillion current US$ | -5.8% |
| 2010 | 2.81 trillion current US$ | +79.9% |
| 2011 | 1.24 trillion current US$ | -56.0% |
| 2012 | 1.39 trillion current US$ | +12.2% |
| 2013 | 1.52 trillion current US$ | +9.7% |
| 2014 | 1.65 trillion current US$ | +8.4% |
| 2015 | 1.40 trillion current US$ | -15.4% |
| 2016 | 1.14 trillion current US$ | -18.3% |
| 2017 | 1.06 trillion current US$ | -7.1% |
| 2018 | 1.19 trillion current US$ | +12.2% |
| 2019 | 1.34 trillion current US$ | +12.6% |
| 2020 | 1.22 trillion current US$ | -9.1% |
Nigeria compared with similar countries
- Nigeria's 1.22 trillion current US$ is above the median for lower middle income countries, which is 134.02 billion current US$, 9.1× the median. (39 countries reporting)
- Nigeria's 1.22 trillion current US$ is above the median for Sub-Saharan Africa, which is 74.23 billion current US$, 16.4× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.43 trillion current US$ | 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
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 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 151 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.
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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).