National comprehensive wealth per capita in Nigeria
Nigeria: National comprehensive wealth per capita was 18,702 current US$ in 2020. ▼ Falling
Latest (2020)
18,702 current US$
Change on year
down 12.6%
World rank
108th
of 151 countries
All-time high
33,241 current US$
in 1998
All-time low
17,032 current US$
in 2017
Years of data
26
1995–2020
National comprehensive wealth per capita in Nigeria, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
In 2020, national comprehensive wealth per capita in Nigeria stood at 18,702 current US$.
The figure is down 12.6% on the previous year and down 42.1% over ten years.
Over the whole period, national comprehensive wealth per capita in Nigeria peaked at 33,241 current US$ in 1998 and was at its lowest, 17,032 current US$, in 2017.
That places Nigeria 108th out of 151 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
National comprehensive wealth per capita in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 27,429 current US$ | — |
| 1996 | 30,290 current US$ | +10.4% |
| 1997 | 31,766 current US$ | +4.9% |
| 1998 | 33,241 current US$ | +4.6% |
| 1999 | 18,052 current US$ | -45.7% |
| 2000 | 17,548 current US$ | -2.8% |
| 2001 | 18,765 current US$ | +6.9% |
| 2002 | 19,222 current US$ | +2.4% |
| 2003 | 18,143 current US$ | -5.6% |
| 2004 | 17,721 current US$ | -2.3% |
| 2005 | 21,702 current US$ | +22.5% |
| 2006 | 25,214 current US$ | +16.2% |
| 2007 | 26,232 current US$ | +4.0% |
| 2008 | 31,865 current US$ | +21.5% |
| 2009 | 22,015 current US$ | -30.9% |
| 2010 | 32,289 current US$ | +46.7% |
| 2011 | 25,188 current US$ | -22.0% |
| 2012 | 26,540 current US$ | +5.4% |
| 2013 | 25,513 current US$ | -3.9% |
| 2014 | 26,387 current US$ | +3.4% |
| 2015 | 20,183 current US$ | -23.5% |
| 2016 | 17,911 current US$ | -11.3% |
| 2017 | 17,032 current US$ | -4.9% |
| 2018 | 19,590 current US$ | +15.0% |
| 2019 | 21,388 current US$ | +9.2% |
| 2020 | 18,702 current US$ | -12.6% |
Nigeria compared with similar countries
- Nigeria's 18,702 current US$ is above the median for lower middle income countries, which is 18,120 current US$, 1.0× the median. (39 countries reporting)
- Nigeria's 18,702 current US$ is above the median for Sub-Saharan Africa, which is 13,614 current US$, 1.4× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28,156 current US$ | 18,052 current US$ | 33,241 current US$ | 5 |
| 2000s | 21,843 current US$ | 17,548 current US$ | 31,865 current US$ | 10 |
| 2010s | 23,202 current US$ | 17,032 current US$ | 32,289 current US$ | 10 |
| 2020s | 18,702 current US$ | 18,702 current US$ | 18,702 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 national comprehensive wealth per capita in Nigeria?
- National comprehensive wealth per capita in Nigeria was 18,702 current US$ in 2020, according to the World Bank.
- What is the highest national comprehensive wealth per capita recorded in Nigeria?
- The highest recorded value was 33,241 current US$ in 1998.
- What is the lowest national comprehensive wealth per capita recorded in Nigeria?
- The lowest recorded value was 17,032 current US$ in 2017.
- How does Nigeria rank for national comprehensive wealth per capita?
- Nigeria ranks 108th out of 151 countries with data for 2020.
- Is national comprehensive wealth per capita rising or falling in Nigeria?
- Over the last ten years it is down 42.1%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from the World Bank, published as part of National comprehensive wealth per capita (current US$). Statizoid updates them automatically from the source API.
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