Income share of the richest 1%: World Inequality Database vs. World Bank in Nigeria
Nigeria: Income share of the richest 1%: World Inequality Database vs. World Bank was 12.0% in 2022. ▲ Rising
Income share of the richest 1%: World Inequality Database vs. World Bank in Nigeria, 1985–2022
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Nigeria recorded 12.0% for income share of the richest 1%: world inequality database vs. world bank in 2022.
Compared with earlier readings it is up 30.1% over ten years.
Over the whole period, income share of the richest 1%: world inequality database vs. world bank in Nigeria peaked at 12.8% in 2003 and was at its lowest, 8.9%, in 1985.
Nigeria ranks 64th of 109 countries on this measure, in the middle of the range.
Income share of the richest 1%: World Inequality Database vs. World Bank in Nigeria, year by year
| Year | % | Change |
|---|---|---|
| 1985 | 8.9% | — |
| 1992 | 10.6% | +18.9% |
| 2003 | 12.8% | +20.8% |
| 2010 | 9.6% | -25.1% |
| 2012 | 9.2% | -4.4% |
| 2015 | 9.8% | +6.8% |
| 2018 | 11.1% | +12.6% |
| 2022 | 12.0% | +8.1% |
Nigeria compared with similar countries
- Nigeria's 12.0% is below the median for lower middle income countries, which is 15.6%, 77% of the median. (23 countries reporting)
- Nigeria's 12.0% is below the median for Sub-Saharan Africa, which is 13.8%, 87% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.9% | 8.9% | 8.9% | 1 |
| 1990s | 10.6% | 10.6% | 10.6% | 1 |
| 2000s | 12.8% | 12.8% | 12.8% | 1 |
| 2010s | 9.9% | 9.2% | 11.1% | 4 |
| 2020s | 12.0% | 12.0% | 12.0% | 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 income share of the richest 1%: world inequality database vs. world bank in Nigeria?
- Income share of the richest 1%: world inequality database vs. world bank in Nigeria was 12.0% 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%: world inequality database vs. world bank recorded in Nigeria?
- The highest recorded value was 12.8% in 2003.
- What is the lowest income share of the richest 1%: world inequality database vs. world bank recorded in Nigeria?
- The lowest recorded value was 8.9% in 1985.
- How does Nigeria rank for income share of the richest 1%: world inequality database vs. world bank?
- Nigeria ranks 64th out of 109 countries with data for 2022.
- Is income share of the richest 1%: world inequality database vs. world bank rising or falling in Nigeria?
- Over the last ten years it is up 30.1%. 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%: World Inequality Database vs. World Bank. Statizoid updates them automatically from the source API.
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About this data
Share of income received by the richest 1% of the population. Income here is measured after taxes and benefits.