Palma ratio (before tax) in Nigeria

Nigeria: Palma ratio (before tax) was 4.06 in 2022. ▼ Falling

Latest (2022)
4.06
World rank
62nd
of 113 countries
All-time high
6.6
in 1992
All-time low
4.06
in 2022
Years of data
8
1985–2022

Palma ratio (before tax) in Nigeria, 1985–2022

02461985200320221985: 51992: 6.62003: 5.42010: 4.32012: 4.32015: 4.42018: 4.32022: 4.1

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

Analysis

In 2022, palma ratio (before tax) in Nigeria stood at 4.06. That is the lowest value across all 8 years on record.

Compared with earlier readings it is down 5.3% over ten years.

Over the whole period, palma ratio (before tax) in Nigeria peaked at 6.6 in 1992 and was at its lowest, 4.06, in 2022.

Nigeria ranks 62nd of 113 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1980s 4.95 4.95 4.95 1
1990s 6.6 6.6 6.6 1
2000s 5.43 5.43 5.43 1
2010s 4.32 4.28 4.38 4
2020s 4.06 4.06 4.06 1

Countries ranked near Nigeria

  1. 59 Niger 4.22 compare
  2. 60 Estonia 4.14 compare
  3. 61 Singapore 4.14 compare
  4. 63 Guinea-Bissau 4.03 compare
  5. 64 Iran 3.95 compare
  6. 65 Russia 3.9 compare

See the full ranking of 113 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is palma ratio (before tax) in Nigeria?
Palma ratio (before tax) in Nigeria was 4.06 in 2022, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest palma ratio (before tax) recorded in Nigeria?
The highest recorded value was 6.6 in 1992.
What is the lowest palma ratio (before tax) recorded in Nigeria?
The lowest recorded value was 4.06 in 2022.
How does Nigeria rank for palma ratio (before tax)?
Nigeria ranks 62nd out of 113 countries with data for 2022.
Is palma ratio (before tax) rising or falling in Nigeria?
Over the last ten years it is down 5.3%. The long-run trend across the full record is falling.
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 Palma ratio (before tax). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Palma ratio (before tax)
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

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality. Inequality is measured here in terms of income before taxes and benefits.