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Nigeria GDP Per Capita (2026)

Latest Update: September 2026
Source: IMF
Nigeria has one of Africa’s largest economies, supported by oil and gas, services, agriculture, telecommunications, trade, manufacturing, finance, and a large domestic consumer market. GDP per capita is particularly important because Nigeria’s very large population creates a substantial difference between total economic output and output measured per resident. Explore Nigeria’s latest GDP per capita data, historical trends, growth patterns, and economic comparisons below.
GDP Per Capita 2026
$1,556
Est. in USD
World Rank
#164
Out of 195 countries
Change vs 2025
+27.2%
+$333
Africa Rank
#30
Out of 54 countries

1. Nigeria GDP Per Capita in 2026

Nigeria’s GDP per capita measures the amount of economic output generated for each resident and provides a population-adjusted view of the country’s economy. Energy, agriculture, services, trade, telecommunications, and industry all contribute to national production. Because of Nigeria’s large population, GDP per capita offers important context that total GDP alone cannot provide when making international comparisons.

2. Nigeria GDP Per Capita Growth (1990–2026)

3. Nigeria GDP Per Capita (Historical Data)

Year GDP Per Capita (USD) Annual Change
2026 $1,556 +27.2%
2025 $1,223 +12.8%
2024 $1,084 -49.3%
2023 $2,139 -26.1%
2022 $2,893 +3.7%
2021 $2,789 -0.3%
2020 $2,798 -12.3%
2019 $3,190 +10.1%
2018 $2,898 +9.7%
2017 $2,642 -9.5%

4. Nigeria GDP Per Capita Growth

1-Year Change
+27.2%
(2025 to 2026)
5-Year Change
-44.2%
(2021 to 2026)
10-Year Change
-46.7%
(2016 to 2026)
20-Year Change
-26.4%
(2006 to 2026)
Nigeria’s GDP per capita can change significantly as oil prices, energy production, inflation, exchange rates, population growth, investment, and domestic economic conditions evolve. Rapid population expansion can also affect how quickly per-person output rises even when total GDP increases. Historical data helps show how economic output per resident has developed across periods of commodity booms, slowdowns, and structural change.

5. Nigeria GDP Per Capita vs Africa and World

Nigeria
$1,556
Africa Average
$3,302
World Average
$25,179
$0 $12,590 $25,179
USD
Nigeria’s GDP per capita is approximately 52.9% below the Africa average and 93.8% below the world average.

6. Nigeria GDP Per Capita Ranking in Africa

Rank Country GDP Per Capita (USD)
#27 Guinea $1,848
#28 Zambia $1,831
#29 Benin $1,809
#30 Nigeria $1,556
#31 Uganda $1,476
#32 Guinea-Bissau $1,449
#33 Tanzania $1,362

7. GDP vs GDP Per Capita in Nigeria

Nigeria GDP (Nominal)
$377.4 Billion
(2026)
Nigeria GDP Per Capita
$1,556
(2026)
Nigeria’s total GDP captures the overall scale of economic activity generated across the country, while GDP per capita divides that production by population. Total GDP helps show Nigeria’s importance within Africa, whereas GDP per capita provides a clearer measure of economic output generated for each resident. Together, both indicators offer a more complete view of economic size and population-adjusted performance.
Explore more: Nigeria GDP

8. Nigeria GDP Per Capita Forecast

Year GDP Per Capita (USD) Change
2027 $1,565 +0.6%
2028 $1,604 +2.5%
2029 $1,684 +5.0%
2030 $1,763 +4.7%
Nigeria GDP per capita is projected to reach $1,763 by 2030, representing a 13.3% increase from the 2026 level.

9. Nigeria GDP Per Capita: Key Findings

Nigeria GDP per capita is estimated at $1,556 in 2026.
It ranks #164 globally and #30 in Africa.
GDP per capita increased by 27.2% compared with 2025.
Over the last 5 years, GDP per capita declined by 44.2%.
Over the last 10 years, GDP per capita declined by 46.7%.
It is approximately 52.9% below the Africa average.
It is approximately 93.8% below the world average.
The forecast reaches $1,763 by 2030, 13.3% above the 2026 level.

10. What Is GDP Per Capita?

GDP per capita is the total economic output of a country divided by its population.
GDP Per Capita = GDP ÷ Population
It helps measure the average economic output per person and is widely used to compare economic performance across countries. Higher values generally indicate greater economic output per resident.

11. Methodology and Data Sources

Additional Sources: World Bank, United Nations
Population Source: UN Population Division
Currency: Current USD (Nominal)
Update Frequency: Annually
Last Updated: September 2026

12. Nigeria GDP Per Capita FAQs

Nigeria GDP per capita is estimated at $1,556 in 2026.
Nigeria ranks #164 globally and #30 in Africa by GDP per capita.
Yes. GDP per capita increased by approximately 27.2% compared with 2025.
Nigeria GDP per capita was approximately $3,651 in 2015.
Nigeria GDP per capita is approximately 52.9% below the Africa average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.