Nigeria: GDP per capita, constant dollars
* indicates monthly or quarterly data series
Nigeria |
GDP per capita, constant dollars |
---|---|
Latest value | 2,460.39 |
Year | 2023 |
Measure | U.S. dollars |
Data availability | 1960 - 2023 |
Average | 1,886.05 |
Min - Max | 1,223.53 - 2,679.55 |
Source | The World Bank |
The latest value from 2023 is 2460.39 U.S. dollars, an increase from 2449.59 U.S. dollars in 2022. In comparison, the world average is 14679.80 U.S. dollars, based on data from 180 countries. Historically, the average for Nigeria from 1960 to 2023 is 1886.05 U.S. dollars. The minimum value, 1223.53 U.S. dollars, was reached in 1968 while the maximum of 2679.55 U.S. dollars was recorded in 2015.
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Definition: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2015 U.S. dollars.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Economic growth | 2.86 | 2023 | percent |
GDP, constant dollars | 550.6 | 2023 | billion U.S. dollars |
GDP, current U.S. dollars | 362.81 | 2023 | billion U.S. dollars |
GDP per capita, current dollars | 1,621.12 | 2023 | U.S. dollars |
GDP per capita, PPP | 5,695 | 2023 | U.S. dollars |
GDP per capita, constant dollars | 2,460.39 | 2023 | U.S. dollars |
Economic growth, quarterly | 3.01 | Q2/2024 | percent |
Gross Domestic Product (GDP) | 62,232.72 | Q2/2024 | billion |