Human capital per capita in Nigeria

Nigeria: Human capital per capita was 6,731 real chained 2019 US$ in 2020. ▲ Rising

Latest (2020)
6,731 real chained 2019 US$
Change on year
up 2.1%
World rank
126th
of 150 countries
All-time high
6,731 real chained 2019 US$
in 2020
All-time low
4,606 real chained 2019 US$
in 1995
Years of data
26
1995–2020

Human capital per capita in Nigeria, 1995–2020

02.0k4.0k6.0k1995200720201995: 4.6k real chained 2019 US$1996: 4.7k real chained 2019 US$1997: 4.8k real chained 2019 US$1998: 4.9k real chained 2019 US$1999: 5.0k real chained 2019 US$2000: 5.1k real chained 2019 US$2001: 5.2k real chained 2019 US$2002: 5.3k real chained 2019 US$2003: 5.4k real chained 2019 US$2004: 5.5k real chained 2019 US$2005: 5.6k real chained 2019 US$2006: 5.7k real chained 2019 US$2007: 5.8k real chained 2019 US$2008: 5.9k real chained 2019 US$2009: 6.0k real chained 2019 US$2010: 6.1k real chained 2019 US$2011: 6.1k real chained 2019 US$2012: 6.0k real chained 2019 US$2013: 5.8k real chained 2019 US$2014: 5.9k real chained 2019 US$2015: 6.0k real chained 2019 US$2016: 6.2k real chained 2019 US$2017: 6.3k real chained 2019 US$2018: 6.4k real chained 2019 US$2019: 6.6k real chained 2019 US$2020: 6.7k real chained 2019 US$

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

In 2020, human capital per capita in Nigeria stood at 6,731 real chained 2019 US$. That is the highest value across all 26 years on record.

Compared with earlier readings it is up 2.1% on the previous year and up 11.0% over ten years.

Over the whole period, human capital per capita in Nigeria peaked at 6,731 real chained 2019 US$ in 2020 and was at its lowest, 4,606 real chained 2019 US$, in 1995.

That places Nigeria 126th out of 150 countries with data for 2020, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 4,801 real chained 2019 US$ 4,606 real chained 2019 US$ 4,996 real chained 2019 US$ 5
2000s 5,537 real chained 2019 US$ 5,091 real chained 2019 US$ 5,978 real chained 2019 US$ 10
2010s 6,132 real chained 2019 US$ 5,762 real chained 2019 US$ 6,593 real chained 2019 US$ 10
2020s 6,731 real chained 2019 US$ 6,731 real chained 2019 US$ 6,731 real chained 2019 US$ 1

Countries ranked near Nigeria

  1. 123 Uganda 6,992 real chained 2019 US$ compare
  2. 124 Azerbaijan 6,945 real chained 2019 US$ compare
  3. 125 Laos 6,754 real chained 2019 US$ compare
  4. 127 Lesotho 6,430 real chained 2019 US$ compare
  5. 128 Rwanda 6,281 real chained 2019 US$ compare
  6. 129 Haiti 6,131 real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is human capital per capita in Nigeria?
Human capital per capita in Nigeria was 6,731 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 human capital per capita recorded in Nigeria?
The highest recorded value was 6,731 real chained 2019 US$ in 2020.
What is the lowest human capital per capita recorded in Nigeria?
The lowest recorded value was 4,606 real chained 2019 US$ in 1995.
How does Nigeria rank for human capital per capita?
Nigeria ranks 126th out of 150 countries with data for 2020.
Is human capital per capita rising or falling in Nigeria?
Over the last ten years it is up 11.0%. The long-run trend across the full record is rising.
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 Human capital 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
Human capital 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
151 places, 3,885 data points, 1995–2020
Last refreshed

Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.