ECONDEX

Economic and development data for every country, explained with the numbers checked.

Nigeria

Sub-Saharan Africa. Lower middle income. Capital: Abuja. Population 237,527,782 (2025).

Key trends

GDP per person (PPP) (constant international $)
4,864 6,837 8,810 1995 2025 8,145
GDP growth (%)
−5.9 4.5 14.9 1995 2025 4.0
Inflation, consumer prices (% annual)
8.0 39.8 71.6 1995 2025 23.0
Life expectancy at birth (years)
46.0 50.2 54.5 1995 2024 54.6

Indicators

Each country reports for different years, so check the year beside every figure. Rank 1 is the highest value among countries with recent data.

Economy

IndicatorLatestYear 5-yr change10-yr change RankTrend
GDP per person (PPP)constant international $ 8,145 2025 +481 −747 141 of 199
GDP growth% 4.0% 2025 +10.4 pp +1.4 pp 77 of 209
GDP per person growth% 1.9% 2025 +10.2 pp +1.8 pp 121 of 209
GNI per person (Atlas method)current US$ 1,360 2025 −1,100 −1,400 175 of 201
Foreign direct investment, net inflows% of GDP 1.4% 2025 +1.0 pp +0.8 pp 126 of 195

Prices and jobs

IndicatorLatestYear 5-yr change10-yr change RankTrend
Inflation, consumer prices% annual 23.0% 2025 +9.8 pp +14.0 pp 10 of 180
Unemployment (modelled ILO estimate)% of labour force 3.1% 2025 −2.7 pp −1.1 pp 143 of 186

People and health

IndicatorLatestYear 5-yr change10-yr change RankTrend
Populationpeople 237,527,782 2025 +23,531,601 +46,855,904 6 of 217
Population growth% annual 2.1% 2025 −0.1 pp −0.5 pp 45 of 217
Urban population% of total 63.8% 2025 +4.0 pp +8.0 pp 112 of 217
Life expectancy at birthyears 54.6 2024 +1.6 +2.7 217 of 217
Infant mortalityper 1,000 live births 69.8 2024 +0.7 +1.7 2 of 196
Health spending% of GDP 4.2% 2023 +1.1 pp +0.8 pp 151 of 193

Education

IndicatorLatestYear 5-yr change10-yr change RankTrend
Adult literacy rate% of people aged 15+ 70.4% 2024 +7.3 pp +12.2 pp 69 of 86
Government spending on education% of GDP 0.3% 2023 −0.1 pp −0.2 pp 170 of 171

Access and infrastructure

IndicatorLatestYear 5-yr change10-yr change RankTrend
Internet users% of population 41.2% 2024 +11.5 pp +20.2 pp 156 of 185
Access to electricity% of population 62.5% 2024 +7.1 pp +8.3 pp 183 of 215

Inequality and poverty

IndicatorLatestYear 5-yr change10-yr change RankTrend
Gini index (inequality)index, 0 to 100 33.9 2022 −1.2 −1.6 44 of 85
Poverty headcount ratio% of population, at the World Bank international poverty line 41.8% 2022 +7.6 pp +4.4 pp 5 of 85

Environment and energy

IndicatorLatestYear 5-yr change10-yr change RankTrend
Renewable energy% of final energy consumption 80.3% 2021 −0.8 pp −3.8 pp 16 of 212

* Latest figure is too old to be included in rankings or peer medians.

Advanced metrics

Indicator Own history Versus peers (latest) Growth and catch-up
10-yr meanZ-score Income group medianRegion medianVolatility (σ) 10-yr CAGR% of high-income median10 yrs earlier
GDP per person (PPP) 8,139 0.0 6,095 3,781 432 −0.9% 17% 20%
GDP growth 1.2% +0.9 4.3% 4.6% 3.2 – – –
GDP per person growth −1.0% +0.9 2.7% 2.5% 3.1 – – –
GNI per person (Atlas method) 2,392 −2.5 2,750 1,355 410 −6.8% 4% 10%
Foreign direct investment, net inflows 0.5% +3.6 1.9% 2.0% 0.3 – – –
Inflation, consumer prices 17.2% +0.8 3.6% 3.5% 7.2 – – –
Unemployment (modelled ILO estimate) 4.5% −1.5 5.1% 5.4% 0.9 – – –
Population 211,703,334 +1.8 12,348,573 14,957,094 14,036,165 +2.2% 8,105% 7,256%
Population growth 2.2% −1.0 1.7% 2.3% 0.2 – – –
Urban population 59.4% +1.8 50.9% 44.9% 2.4 – – –
Life expectancy at birth 52.9 +2.0 67.9 64.3 0.9 – – –
Infant mortality 69.0 +0.9 28.7 37.2 0.9 – – –
Health spending 3.5% +1.6 4.5% 4.4% 0.4 – – –
Government spending on education 0.4% −1.6 4.0% 3.3% 0.1 – – –
Internet users 29.8% +1.7 57.9% 36.8% 6.8 – – –
Access to electricity 56.9% +1.9 88.7% 57.8% 3.0 – – –
Renewable energy 81.6% −0.9 42.5% 70.6% 1.4 – – –

Compare Nigeria with other countries