The national gross income per capita in Nigeria decreased by 230 U.S. dollars (-10.65 percent) since the previous year. In 2023, the national gross income thereby reached its lowest value in the recent years. Gross national income (GNI) per capita is the total value of money received by a country, from both domestic or foreign sources, divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which implements a price adjusted, three year moving average, smoothing out fluctuations in exchange rates.
The source adds the following information: 'GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad'. It 'uses Atlas method GNI per capita in U.S. dollars to classify countries for analytical purposes and to determine borrowing eligibility'.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
World Bank. (June 28, 2024). Gross National Income (GNI) per capita in Nigeria from 2013 to 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1291432/gross-national-income-per-capita-in-nigeria/
World Bank. "Gross National Income (GNI) per capita in Nigeria from 2013 to 2023 (in U.S. dollars)." Chart. June 28, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1291432/gross-national-income-per-capita-in-nigeria/
World Bank. (2024). Gross National Income (GNI) per capita in Nigeria from 2013 to 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1291432/gross-national-income-per-capita-in-nigeria/
World Bank. "Gross National Income (Gni) per Capita in Nigeria from 2013 to 2023 (in U.S. Dollars)." Statista, Statista Inc., 28 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1291432/gross-national-income-per-capita-in-nigeria/
World Bank, Gross National Income (GNI) per capita in Nigeria from 2013 to 2023 (in U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1291432/gross-national-income-per-capita-in-nigeria/ (last visited September 20, 2024)
Gross National Income (GNI) per capita in Nigeria from 2013 to 2023 (in U.S. dollars) [Graph], World Bank, June 28, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1291432/gross-national-income-per-capita-in-nigeria/