Income share of the richest 1% (before tax) in Nigeria

Nigeria: Income share of the richest 1% (before tax) was 12.3% in 2022. ▲ Rising

Latest (2022)
12.3%
World rank
76th
of 113 countries
All-time high
13.6%
in 2003
All-time low
9.3%
in 1985
Years of data
8
1985–2022

Income share of the richest 1% (before tax) in Nigeria, 1985–2022

0510151985200320221985: 9.3 %1992: 11.3 %2003: 13.6 %2010: 10.2 %2012: 10.2 %2015: 10.3 %2018: 11.6 %2022: 12.3 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

Nigeria recorded 12.3% for income share of the richest 1% (before tax) in 2022.

Compared with earlier readings it is up 20.6% over ten years.

Over the whole period, income share of the richest 1% (before tax) in Nigeria peaked at 13.6% in 2003 and was at its lowest, 9.3%, in 1985.

Nigeria ranks 76th of 113 countries on this measure, in the middle of the range.

Income share of the richest 1% (before tax) in Nigeria, year by year

Annual values for Income share of the richest 1% (before tax) in Nigeria, 1985 to 2022.
Year % Change
1985 9.3%
1992 11.3% +21.6%
2003 13.6% +20.7%
2010 10.2% -24.7%
2012 10.2% -0.5%
2015 10.3% +1.1%
2018 11.6% +12.5%
2022 12.3% +6.0%

Nigeria compared with similar countries

  • Nigeria's 12.3% is below the median for lower middle income countries, which is 16.2%, 76% of the median. (24 countries reporting)
  • Nigeria's 12.3% is below the median for Sub-Saharan Africa, which is 14.5%, 85% of the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 9.3% 9.3% 9.3% 1
1990s 11.3% 11.3% 11.3% 1
2000s 13.6% 13.6% 13.6% 1
2010s 10.6% 10.2% 11.6% 4
2020s 12.3% 12.3% 12.3% 1

Countries ranked near Nigeria

  1. 73 Denmark 12.6% compare
  2. 74 Argentina 12.5% compare
  3. 75 Spain 12.5% compare
  4. 77 Cote d'Ivoire 12.1% compare
  5. 78 Mali 12.1% compare
  6. 79 France 12.1% compare

See the full ranking of 113 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is income share of the richest 1% (before tax) in Nigeria?
Income share of the richest 1% (before tax) in Nigeria was 12.3% in 2022, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest income share of the richest 1% (before tax) recorded in Nigeria?
The highest recorded value was 13.6% in 2003.
What is the lowest income share of the richest 1% (before tax) recorded in Nigeria?
The lowest recorded value was 9.3% in 1985.
How does Nigeria rank for income share of the richest 1% (before tax)?
Nigeria ranks 76th out of 113 countries with data for 2022.
Is income share of the richest 1% (before tax) rising or falling in Nigeria?
Over the last ten years it is up 20.6%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Income share of the richest 1% (before tax). Statizoid updates them automatically from the source API.

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Income share of the richest 1% (before tax) in Nigeria. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/incomes-of-the-richest/nigeria/

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About this data

Indicator
Income share of the richest 1% (before tax)
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
113 places, 3,075 data points, 1820–2024
Last refreshed

Share of income received by the richest 1%. Income here is measured before taxes and benefits.