Nigeria's GDP Per Capita CAGR Growth

COMPOUND ANNUAL GROWTH RATE (%)

Nigeria's Compound Annual Growth Rate (CAGR) for GDP Per Capita over the last 10, 5 and 3 years was -0.6%, -0.6% and 0.6% respectively.

Nigeria's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries.

Data source: World Economics Research, London



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Country: World Economics
Data Quality Grade
(A-E)
CAGR
10-Year
(2013-2023)
CAGR
5-Year
(2018-2023)
CAGR
3-Year
(2020-2023)
Libya E 17.4% 1.5% 19.9%
Guyana E 17.3% 28.4% 10.3%
Ireland A 13.6% 7.2% 7.7%
China C 8.1% 5.9% 6.7%
Pakistan D 7.9% 0.0% 1.0%
Georgia B 7.7% 8.5% 14.7%
Bangladesh E 7.3% 5.8% 5.7%
Armenia B 7.2% 8.5% 14.0%
Ethiopia E 7.2% 4.2% 3.2%
Vietnam E 7.1% 5.2% 5.2%
Tajikistan E 6.7% 6.5% 7.7%
India C 6.5% 3.8% 7.8%
Serbia C 6.4% 9.1% 13.1%
Malta B 5.5% 1.2% 2.4%
Cote d'Ivoire D 5.4% 3.2% 4.1%
Uzbekistan E 5.4% 4.4% 5.3%
Cambodia E 5.3% 2.9% 4.3%
Rwanda D 5.2% 4.5% 6.9%
Croatia C 5.0% 5.2% 10.2%
Dominican Republic D 5.0% 2.7% 5.8%
Moldova B 5.0% 5.2% 10.4%
Bosnia and Herzegovina D 4.9% 3.7% 5.7%
Lithuania C 4.9% 3.6% 3.1%
Bulgaria C 4.8% 4.3% 6.4%
Romania C 4.8% 2.3% 3.3%
Türkiye B 4.7% 4.7% 7.7%
Panama D 4.6% 3.6% 12.9%
Kenya D 4.5% 3.6% 5.8%
Bhutan E 4.3% 1.1% 4.1%
Guinea E 4.3% 2.6% 2.4%
Laos E 4.3% 1.5% 1.5%
Indonesia C 4.0% 3.0% 4.6%
Latvia D 4.0% 2.7% 4.7%
Myanmar D 4.0% -1.6% -1.6%
Philippines C 4.0% 1.5% 4.5%
Albania C 3.9% 4.0% 7.1%
Costa Rica C 3.8% 2.6% 5.7%
Cyprus B 3.7% 3.2% 4.9%
Morocco C 3.7% 0.8% 3.6%
Taiwan A 3.7% 3.8% 3.8%
Nepal E 3.5% 1.4% 2.0%
Senegal D 3.5% 2.1% 3.2%
Poland B 3.4% 1.5% 1.6%
Turkmenistan D 3.4% 0.2% 0.3%
Hungary D 3.3% 1.5% 2.1%
Mauritius B 3.3% 1.4% 6.4%
Egypt D 3.1% 2.1% 1.5%
Malaysia B 3.1% 1.4% 3.6%
Slovenia A 3.1% 2.1% 3.8%
United Arab Emirates C 3.1% 2.9% 7.4%
Togo D 2.9% 2.4% 3.1%
Estonia D 2.8% 1.5% 1.5%
Benin D 2.7% 2.8% 2.6%
Czechia B 2.7% 1.0% 2.6%
El Salvador D 2.6% 3.0% 7.4%
Israel C 2.6% 2.4% 4.4%
Mongolia B 2.6% 1.5% 3.2%
Paraguay D 2.6% 1.9% 4.5%
Portugal B 2.6% 2.1% 5.3%
Korea, Rep. A 2.5% 1.8% 2.6%
Tanzania E 2.5% 0.9% 0.7%
Uruguay C 2.5% 1.3% 4.4%
Congo, Dem. Rep E 2.4% 1.8% 3.1%
Guatemala D 2.4% 2.9% 5.4%
North Macedonia B 2.3% 1.4% 3.1%
Singapore A 2.3% 1.5% 4.0%
Iceland B 2.2% 0.1% 2.3%
Ghana C 2.1% 0.9% 0.4%
Kyrgyzstan D 2.1% 1.6% 4.7%
Spain B 2.1% 1.0% 4.8%
Denmark B 2.0% 1.7% 3.4%
Uganda E 2.0% 2.1% 2.5%
Colombia B 1.9% 2.4% 6.4%
Burkina Faso C 1.8% 0.8% 0.7%
Cameroon E 1.8% 0.4% 1.2%
Honduras E 1.8% 1.1% 5.1%
New Zealand A 1.8% 0.2% 0.3%
Eswatini D 1.7% 2.5% 4.5%
Kazakhstan D 1.7% 1.7% 3.0%
Nicaragua E 1.7% 1.3% 4.8%
Niger E 1.7% 1.1% 1.1%
Greece B 1.6% 2.4% 6.3%
Netherlands B 1.6% 1.2% 2.8%
Oman B 1.6% 1.7% 6.7%
Slovak Republic D 1.6% 0.2% 0.6%
United States A 1.6% 1.3% 2.8%
Bolivia E 1.5% -0.5% 2.3%
Bahamas, The C 1.4% 2.1% 13.4%
Bahrain C 1.4% 2.9% 9.0%
Chile B 1.4% 1.1% 4.4%
Mexico C 1.4% 0.6% 4.9%
Thailand D 1.4% -0.2% 1.1%
Belgium B 1.3% 1.5% 3.8%
Mozambique D 1.3% 0.1% 1.7%
Sri Lanka C 1.3% -2.7% -2.9%
Italy B 1.2% 1.7% 5.8%
Japan A 1.2% 0.8% 2.8%
Mauritania E 1.2% 1.1% 2.7%
Norway B 1.2% 1.1% 2.4%
Sweden B 1.2% 0.5% 1.4%
Switzerland C 1.2% 1.0% 2.5%
United Kingdom A 1.2% 0.9% 5.0%
France A 1.1% 1.0% 3.8%
Jamaica E 1.1% 1.6% 6.2%
Mali E 1.1% -0.9% -0.8%
Papua New Guinea E 1.1% -1.8% -2.3%
Peru D 1.1% 0.3% 4.4%
Russia C 1.1% 1.6% 2.9%
Australia A 1.0% 0.9% 1.7%
Comoros D 1.0% 1.4% 3.4%
Germany B 1.0% 0.4% 1.8%
Guinea-Bissau E 0.9% 0.0% 1.0%
Canada A 0.8% 0.5% 2.5%
Finland C 0.8% 0.4% 1.2%
Austria B 0.7% 0.6% 3.2%
Hong Kong A 0.7% -0.6% 2.3%
South Africa C 0.6% -0.5% 1.9%
Saudi Arabia C 0.5% 0.0% 2.3%
Algeria C 0.4% -0.1% 2.4%
Gambia E 0.4% 0.4% 0.2%
Luxembourg B 0.4% 0.4% 1.1%
Malawi D 0.4% -0.5% -1.2%
Tunisia D 0.4% -1.3% 0.7%
Belarus C 0.3% 0.4% 0.4%
Namibia E 0.3% 0.0% 4.3%
Azerbaijan D 0.2% 1.1% 3.1%
Zambia E 0.2% -0.4% 1.7%
Madagascar E 0.1% -0.6% 1.6%
Botswana D -0.1% -0.1% 3.1%
Brazil B -0.1% 1.2% 3.2%
Central African Republic E -0.1% -2.7% -4.7%
Zimbabwe E -0.1% -1.3% 3.4%
Ukraine C -0.4% 0.3% 0.2%
Jordan C -0.5% -0.7% -0.6%
Argentina C -0.6% 0.1% 4.9%
Ecuador D -0.6% -0.8% 2.3%
Nigeria E -0.6% -0.6% 0.6%
Gabon E -0.8% -1.0% -0.7%
Sierra Leone D -1.0% 0.1% 0.5%
Liberia E -1.1% -0.5% 2.7%
Haiti E -1.2% -2.9% -2.6%
Lesotho E -1.3% -2.6% -1.2%
Qatar B -1.4% 1.2% 4.1%
Kuwait D -1.7% -1.0% 2.5%
Burundi E -1.9% -1.4% -1.0%
Chad E -2.0% -1.8% -1.7%
Lebanon E -2.1% -2.1% 5.1%
Suriname D -2.3% -3.5% -1.3%
Sudan E -2.6% -6.5% -8.4%
Yemen, Rep. E -2.6% -5.4% -4.5%
Congo, Rep. E -2.8% -2.5% -1.2%
Angola E -2.9% -3.4% -2.0%
Afghanistan E -3.1% -5.7% -8.7%

See: Data for individual countries by using country lists




Note: Data for years shown use end of of year values.

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Key:
Data Quality Grade definitions:
         A: As good as it gets;
         B: Use with caution;
         C: Unreliable for many purposes
         D: Extremely poor quality.





NIGERIA'S ECONOMICS
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NIGERIA'S ENVIRONMENT, SOCIAL & GOVERNANCE
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