Wage bill as a percentage of GDP in Nigeria

Nigeria: Wage bill as a percentage of GDP was 1.7% in 2022. ▼ Falling

Latest (2022)
1.7%
Change on year
down 2.4%
World rank
187th
of 190 countries
All-time high
2.7%
in 2002
All-time low
1.6%
in 2019
Years of data
21
2002–2022

Wage bill as a percentage of GDP in Nigeria, 2002–2022

01232002201220222002: 2.72003: 2.32004: 2.12005: 22006: 1.82007: 2.32008: 2.42009: 2.12010: 2.52011: 2.42012: 22013: 2.22014: 1.82015: 2.32016: 1.62017: 1.82018: 1.72019: 1.62020: 1.82021: 1.72022: 1.7

Source: World Bank.

Analysis

Nigeria recorded 1.7% for wage bill as a percentage of gdp in 2022.

The figure is down 2.4% on the previous year and down 17.5% over ten years.

Over the whole period, wage bill as a percentage of gdp in Nigeria peaked at 2.7% in 2002 and was at its lowest, 1.6%, in 2019.

Nigeria ranks 187th of 190 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.2% 1.8% 2.7% 8
2010s 2.0% 1.6% 2.5% 10
2020s 1.8% 1.7% 1.8% 3

Countries ranked near Nigeria

  1. 184 Iran, Islamic Republic of 2.8% compare
  2. 185 Sudan 2.8% compare
  3. 186 Equatorial Guinea, Republic of 2.1% compare
  4. 188 Bangladesh 1.6% compare
  5. 189 Venezuela, República Bolivariana de 1.4% compare
  6. 190 India 1.0% compare

See the full ranking of 190 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is wage bill as a percentage of gdp in Nigeria?
Wage bill as a percentage of gdp in Nigeria was 1.7% in 2022, according to the World Bank.
What is the highest wage bill as a percentage of gdp recorded in Nigeria?
The highest recorded value was 2.7% in 2002.
What is the lowest wage bill as a percentage of gdp recorded in Nigeria?
The lowest recorded value was 1.6% in 2019.
How does Nigeria rank for wage bill as a percentage of gdp?
Nigeria ranks 187th out of 190 countries with data for 2022.
Is wage bill as a percentage of gdp rising or falling in Nigeria?
Over the last ten years it is down 17.5%. 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 Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.

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Wage bill as a percentage of GDP in Nigeria. Statizoid. Retrieved 19 August 2026, from https://reference.statizoid.com/stat/wage-bill-as-a-percentage-of-gdp/nigeria/

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About this data

Indicator
Wage bill as a percentage of GDP
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 4,104 data points, 2000–2022
Last refreshed