National comprehensive wealth per capita index in Nigeria
Nigeria: National comprehensive wealth per capita index was 21,249 real chained 2019 US$ in 2020. ▬ Flat
National comprehensive wealth per capita index 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$.
Analysis
Nigeria recorded 21,249 real chained 2019 US$ for national comprehensive wealth per capita index in 2020.
The figure is down 0.7% on the previous year and down 8.3% over ten years.
Over the whole period, national comprehensive wealth per capita index in Nigeria peaked at 24,116 real chained 2019 US$ in 2006 and was at its lowest, 18,006 real chained 2019 US$, in 1995.
That places Nigeria 104th out of 150 countries with data for 2020, putting it in the middle of the range.
National comprehensive wealth per capita index in Nigeria, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 18,006 real chained 2019 US$ | — |
| 1996 | 20,033 real chained 2019 US$ | +11.3% |
| 1997 | 20,689 real chained 2019 US$ | +3.3% |
| 1998 | 21,388 real chained 2019 US$ | +3.4% |
| 1999 | 21,932 real chained 2019 US$ | +2.5% |
| 2000 | 22,060 real chained 2019 US$ | +0.6% |
| 2001 | 22,720 real chained 2019 US$ | +3.0% |
| 2002 | 23,008 real chained 2019 US$ | +1.3% |
| 2003 | 23,180 real chained 2019 US$ | +0.7% |
| 2004 | 23,294 real chained 2019 US$ | +0.5% |
| 2005 | 23,632 real chained 2019 US$ | +1.4% |
| 2006 | 24,116 real chained 2019 US$ | +2.1% |
| 2007 | 23,751 real chained 2019 US$ | -1.5% |
| 2008 | 23,542 real chained 2019 US$ | -0.9% |
| 2009 | 23,201 real chained 2019 US$ | -1.4% |
| 2010 | 23,182 real chained 2019 US$ | -0.1% |
| 2011 | 22,698 real chained 2019 US$ | -2.1% |
| 2012 | 22,160 real chained 2019 US$ | -2.4% |
| 2013 | 21,416 real chained 2019 US$ | -3.4% |
| 2014 | 21,190 real chained 2019 US$ | -1.1% |
| 2015 | 21,090 real chained 2019 US$ | -0.5% |
| 2016 | 21,589 real chained 2019 US$ | +2.4% |
| 2017 | 21,577 real chained 2019 US$ | -0.1% |
| 2018 | 21,473 real chained 2019 US$ | -0.5% |
| 2019 | 21,388 real chained 2019 US$ | -0.4% |
| 2020 | 21,249 real chained 2019 US$ | -0.7% |
Nigeria compared with similar countries
- Nigeria's 21,249 real chained 2019 US$ is above the median for lower middle income countries, which is 18,187 real chained 2019 US$, 1.2× the median. (38 countries reporting)
- Nigeria's 21,249 real chained 2019 US$ is above the median for Sub-Saharan Africa, which is 13,250 real chained 2019 US$, 1.6× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20,410 real chained 2019 US$ | 18,006 real chained 2019 US$ | 21,932 real chained 2019 US$ | 5 |
| 2000s | 23,250 real chained 2019 US$ | 22,060 real chained 2019 US$ | 24,116 real chained 2019 US$ | 10 |
| 2010s | 21,776 real chained 2019 US$ | 21,090 real chained 2019 US$ | 23,182 real chained 2019 US$ | 10 |
| 2020s | 21,249 real chained 2019 US$ | 21,249 real chained 2019 US$ | 21,249 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 national comprehensive wealth per capita index in Nigeria?
- National comprehensive wealth per capita index in Nigeria was 21,249 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 national comprehensive wealth per capita index recorded in Nigeria?
- The highest recorded value was 24,116 real chained 2019 US$ in 2006.
- What is the lowest national comprehensive wealth per capita index recorded in Nigeria?
- The lowest recorded value was 18,006 real chained 2019 US$ in 1995.
- How does Nigeria rank for national comprehensive wealth per capita index?
- Nigeria ranks 104th out of 150 countries with data for 2020.
- Is national comprehensive wealth per capita index rising or falling in Nigeria?
- Over the last ten years it is down 8.3%. The long-run trend across the full record is flat.
- 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 National comprehensive wealth per capita index (real chained 2019 US$). Statizoid updates them automatically from the source API.
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About this data
Total wealth is calculated as the sum of produced capital, natural capital, human capital, and net foreign assets. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.