Human capital per capita in Nigeria
Nigeria: Human capital per capita was 6,731 real chained 2019 US$ in 2020. ▲ Rising
Human capital per capita in Nigeria, 1995–2020
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$, in 1995.
That places Nigeria 127th out of 151 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Human capital per capita in Nigeria, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 4,606 real chained 2019 US$ | — |
| 1996 | 4,704 real chained 2019 US$ | +2.1% |
| 1997 | 4,801 real chained 2019 US$ | +2.1% |
| 1998 | 4,899 real chained 2019 US$ | +2.1% |
| 1999 | 4,996 real chained 2019 US$ | +2.0% |
| 2000 | 5,091 real chained 2019 US$ | +1.9% |
| 2001 | 5,191 real chained 2019 US$ | +2.0% |
| 2002 | 5,292 real chained 2019 US$ | +2.0% |
| 2003 | 5,385 real chained 2019 US$ | +1.7% |
| 2004 | 5,484 real chained 2019 US$ | +1.8% |
| 2005 | 5,581 real chained 2019 US$ | +1.8% |
| 2006 | 5,684 real chained 2019 US$ | +1.9% |
| 2007 | 5,789 real chained 2019 US$ | +1.8% |
| 2008 | 5,896 real chained 2019 US$ | +1.8% |
| 2009 | 5,978 real chained 2019 US$ | +1.4% |
| 2010 | 6,061 real chained 2019 US$ | +1.4% |
| 2011 | 6,138 real chained 2019 US$ | +1.3% |
| 2012 | 5,953 real chained 2019 US$ | -3.0% |
| 2013 | 5,762 real chained 2019 US$ | -3.2% |
| 2014 | 5,889 real chained 2019 US$ | +2.2% |
| 2015 | 6,020 real chained 2019 US$ | +2.2% |
| 2016 | 6,156 real chained 2019 US$ | +2.3% |
| 2017 | 6,304 real chained 2019 US$ | +2.4% |
| 2018 | 6,449 real chained 2019 US$ | +2.3% |
| 2019 | 6,593 real chained 2019 US$ | +2.2% |
| 2020 | 6,731 real chained 2019 US$ | +2.1% |
Nigeria compared with similar countries
- Nigeria's 6,731 real chained 2019 US$ is below the median for lower middle income countries, which is 10,202 real chained 2019 US$, 66% of the median. (39 countries reporting)
- Nigeria's 6,731 real chained 2019 US$ is below the median for Sub-Saharan Africa, which is 7,214 real chained 2019 US$, 93% of the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,801 real chained 2019 US$ | 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
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 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 127th out of 151 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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About this data
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.