🇳🇬 Nigeria
NG / NGA #31
Nomad Score
48.0
Cities
19
Region
African Union,
Sahel,
OPEC,
Africa,
Africa,
Western Africa,
MINT Countries,
Next Eleven,
Emerging Markets,
Developing Countries
Currency
NGN
📊 KEY INDICATORS
GDP per capita (PPP) (2030)
$14,110
GDP (2030)
$443.6B
GDP Growth (2030)
4.0%
→
Inflation (2030)
10.0%
↓
Unemployment (2025)
3.1%
↑
Population (2030)
263.7M
Pop. Growth (2030)
2.1%
→
Gini Index (2022)
33.9
Govt Debt (2030)
33.8% of GDP
Current Account (2030)
1.3% of GDP
FDI Inflows (2024)
$1.1B
Life Expectancy (2023)
54.5 yrs
Health Spending (2023)
4.2% of GDP
Internet Users (2023)
39.2%
Mobile Subs (2023)
98.5/100
Exchange Rate (2024)
1,478.97/USD
Foreign Reserves (2024)
$38.6B
💰 GDP OVERVIEW
👤 GDP PER CAPITA (PPP)
📉 INFLATION (CPI)
👷 UNEMPLOYMENT
👥 POPULATION
🏛 FISCAL & TRADE
Govt Debt (2030)
33.8% of GDP
Current Account (2030)
1.3% of GDP
FDI Inflows (2024)
$1.1B
⚖️ INCOME INEQUALITY (GINI)
Gini Index (2022)
0.34
Assessment
Moderate inequality
🏢 BUSINESS ENVIRONMENT
New Business Density (2022)
1.16/1k
Services Sector (2024)
53.7% of GDP
🏧 FINANCIAL ACCESS & COSTS
ATMs per 100k (2023)
13.6
Bank Branches per 100k (2022)
4.4
ICT Service Exports (2024)
4.0%
📋 HISTORICAL DATA
| Year | GDP | GDP/cap PPP | Growth | Inflation | Unemp. | Population | Gini | Debt | Curr. Acct | FDI | Life Exp. | Health | Internet | FX Rate |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2030 * | $443.6B | $14,110 | 4.0% | 10.0% | - | 263.7M | - | 33.8% | 1.3% | - | - | - | - | - |
| 2029 * | $408.4B | $13,264 | 4.0% | 12.0% | - | 258.2M | - | 34.1% | 1.9% | - | - | - | - | - |
| 2028 * | $375.9B | $12,465 | 4.0% | 15.0% | - | 252.9M | - | 34.4% | 2.5% | - | - | - | - | - |
| 2027 * | $359.3B | $12,165 | 4.0% | 17.0% | - | 247.7M | - | 35.3% | 3.0% | - | - | - | - | - |
| 2026 * | $334.3B | $11,559 | 4.2% | 22.0% | - | 242.6M | - | 35.0% | 3.6% | - | - | - | - | - |
| 2025 | $285.0B | $10,061 | 3.9% | 23.0% | 3.1% | 237.6M | - | 36.4% | 5.7% | - | - | - | - | - |
| 2024 | $252.1B | $9,087 | 4.1% | 31.4% | 3.1% | 232.7M | - | 39.3% | 6.8% | $1.1B | - | - | - | 1,478.97 |
| 2023 | $487.3B | $8,705 | 3.3% | 24.7% | 3.1% | 227.9M | - | 36.3% | 1.3% | $1.9B | 54.5 | 4.2% | 39.2% | 645.19 |
| 2022 | $645.7B | $8,305 | 4.3% | 18.8% | 3.8% | 223.2M | 33.9 | 29.8% | 0.2% | -$186.8M | 54.1 | 4.2% | 37.7% | 425.98 |
| 2021 | $609.5B | $7,588 | 1.1% | 17.0% | 5.4% | 218.5M | - | 26.6% | -0.5% | $3.3B | 53.5 | 4.1% | 35.5% | 401.15 |
| 2020 | $598.7B | $7,415 | -6.4% | 13.2% | 5.7% | 214.0M | - | 25.7% | -2.7% | $2.4B | 53.1 | 3.4% | 31.9% | 358.81 |
| 2019 | $668.2B | $7,551 | 2.2% | 11.4% | 5.2% | 209.5M | - | 21.4% | -2.0% | $2.3B | 53.0 | 3.0% | 29.7% | 306.92 |
| 2018 | $593.9B | $7,158 | 1.9% | 12.1% | 22.6% | 204.9M | 35.1 | 20.4% | 1.2% | $775.2M | 52.7 | 3.1% | 27.7% | 306.08 |
| 2017 | $529.1B | $7,037 | 0.8% | 16.5% | 17.5% | 200.3M | - | 18.0% | 2.6% | $2.4B | 52.4 | 3.8% | 25.9% | 305.79 |
| 2016 | $570.4B | $7,073 | -1.6% | 15.7% | 13.4% | 195.4M | - | 17.4% | 0.9% | $3.5B | 52.2 | 3.7% | 24.1% | 253.49 |
| 2015 | $696.1B | $7,308 | 2.7% | 9.0% | 9.0% | 190.7M | 35.9 | 14.9% | -2.2% | $3.1B | 51.9 | 3.6% | 22.5% | 192.44 |
| 2014 | $811.1B | $7,396 | 6.3% | 8.0% | 7.8% | 185.9M | - | 12.9% | 0.1% | $4.7B | 51.9 | 3.4% | 21.0% | 158.55 |
| 2013 | $734.9B | $7,004 | 5.4% | 8.5% | 10.0% | 181.0M | - | 13.0% | 2.6% | $5.6B | 51.8 | 3.4% | 19.1% | 157.31 |
| 2012 | $657.9B | $6,671 | 4.3% | 12.2% | 10.6% | 176.2M | 35.5 | 12.5% | 2.6% | $7.1B | 51.7 | 3.4% | 16.1% | 157.50 |
| 2011 | $591.4B | $6,585 | 4.9% | 10.8% | 6.0% | 171.4M | - | 12.4% | 1.8% | $8.8B | 51.5 | 3.3% | 13.8% | 153.86 |
| 2010 | $526.8B | $6,301 | 11.3% | 13.7% | 5.1% | 166.6M | 35.7 | 6.7% | 2.5% | $6.0B | 51.3 | 3.3% | 11.5% | 150.30 |
| 2009 | $425.9B | $5,927 | 8.4% | 12.5% | 3.8% | 161.9M | - | 6.1% | 3.3% | $8.6B | 51.1 | 3.6% | 9.3% | 148.88 |
| 2008 | $472.3B | $5,607 | 7.2% | 11.6% | 3.8% | 157.3M | - | 5.2% | 6.2% | $8.2B | 50.8 | 3.7% | 8.0% | 118.57 |
| 2007 | $375.1B | $5,298 | 7.3% | 5.4% | 3.8% | 152.8M | - | 5.8% | 7.4% | $6.0B | 50.4 | 3.9% | 6.8% | 125.81 |
| 2006 | $313.7B | $4,975 | 6.7% | 8.2% | 3.8% | 148.5M | - | 6.7% | 11.6% | $4.9B | 49.9 | 4.3% | 5.6% | 128.65 |
| 2005 | $238.9B | $4,678 | 7.0% | 17.9% | 3.7% | 144.3M | - | 13.4% | 15.3% | $5.0B | 49.5 | 4.5% | 3.6% | 131.27 |
🧭 CONTINUE EXPLORING NIGERIA