Africa's Development Dynamics (AfDD) Table 29 - National wealth in Nigeria

Nigeria: Africa's Development Dynamics (AfDD) Table 29 - National wealth was 15.16 US dollar in 2018. β–Ό Falling

Latest (2018)
15.16 US dollar
Change on year
down 8.9%
World rank
58th
of 175 countries
All-time high
26.98 US dollar
in 2004
All-time low
15.16 US dollar
in 2018
Years of data
19
2000–2018

Africa's Development Dynamics (AfDD) Table 29 - National wealth in Nigeria, 2000–2018

01020302000200920182000: 20 US dollar2001: 17.8 US dollar2002: 17.2 US dollar2003: 16.4 US dollar2004: 27 US dollar2005: 26.1 US dollar2006: 25 US dollar2007: 24.2 US dollar2008: 23.6 US dollar2009: 22.7 US dollar2010: 21.7 US dollar2011: 20.6 US dollar2012: 19.7 US dollar2013: 18.8 US dollar2014: 17.8 US dollar2015: 16.9 US dollar2016: 16.4 US dollar2017: 16.6 US dollar2018: 15.2 US dollar

Source: Organisation for Economic Co-operation and Development. Measured in US dollar.

Analysis

Nigeria recorded 15.16 US dollar for africa's development dynamics (afdd) table 29 - national wealth in 2018. That is the lowest value across all 19 years on record.

Compared with earlier readings it is down 8.9% on the previous year and down 35.8% over ten years.

Over the whole period, africa's development dynamics (afdd) table 29 - national wealth in Nigeria peaked at 26.98 US dollar in 2004 and was at its lowest, 15.16 US dollar, in 2018.

That places Nigeria 58th out of 175 countries with data for 2018, putting it in the middle of the range.

The long-run direction has been consistently falling across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 22 US dollar 16.43 US dollar 26.98 US dollar 10
2010s 18.19 US dollar 15.16 US dollar 21.68 US dollar 9

Countries ranked near Nigeria

  1. 55 Iran, Islamic Republic of 16.32 US dollar compare
  2. 56 Belgium 15.33 US dollar compare
  3. 57 Paraguay 15.23 US dollar compare
  4. 59 Czechia 15.03 US dollar compare
  5. 60 Philippines 14.26 US dollar compare
  6. 61 Morocco 13.92 US dollar compare

See the full ranking of 245 places β†’

More environment data for Nigeria

All data for Nigeria β†’

Frequently asked questions

What is africa's development dynamics (afdd) table 29 - national wealth in Nigeria?
Africa's development dynamics (afdd) table 29 - national wealth in Nigeria was 15.16 US dollar in 2018, according to Organisation for Economic Co-operation and Development.
What is the highest africa's development dynamics (afdd) table 29 - national wealth recorded in Nigeria?
The highest recorded value was 26.98 US dollar in 2004.
What is the lowest africa's development dynamics (afdd) table 29 - national wealth recorded in Nigeria?
The lowest recorded value was 15.16 US dollar in 2018.
How does Nigeria rank for africa's development dynamics (afdd) table 29 - national wealth?
Nigeria ranks 58th out of 175 countries with data for 2018.
Is africa's development dynamics (afdd) table 29 - national wealth rising or falling in Nigeria?
Over the last ten years it is down 35.8%. The long-run trend across the full record is falling.
Where does this Nigeria data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 29 - National wealth β€” National wealth, forests, ecosystem services. Statizoid updates them automatically from the source API.

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Africa's Development Dynamics (AfDD) Table 29 - National wealth in Nigeria. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://environment.statizoid.com/stat/africa-s-development-dynamics-afdd-table-29-national-wealth-national-wealth-forests/nigeria/

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About this data

Indicator
Africa's Development Dynamics (AfDD) Table 29 - National wealth β€” National wealth, forests, ecosystem services
Unit
US dollar
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
245 places, 4,655 data points, 2000–2018
Last refreshed

The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 29 shows estimates of total national wealth, taking into account produced capital, human capital, and natural resources. These estimates were calculated in the World Bank publication The Changing Wealth of Nations 2021.