The GDP per capita represents the total value of a country's economic output per person. It is calculated by dividing the nation's GDP by its population and is expressed in U.S. dollars for the most ...
In its report, the IMF says Nigeria’s GDP per capita has fallen to its lowest level of $835.49 in 2025 from $877.07 in 2024, indicating a 4.74 per cent dip. The GDP per capita is a country’s ...
PPP-based GDP per capita (map 1.1) and PPP-based household consumption per capita are sometimes considered indicators of the material well-being of individuals and households within an economy.
SAMI TUNJI examines how the rebasing, which shifts the base year from 2010 to 2019, could significantly alter Nigeria’s economic metrics, including GDP size, per capita income, debt-to-GDP ratio ...
Types of GDP are nominal GDP, which measures the value of goods and services at current market prices, without adjusting for inflation; Real GDP adjusts for inflation, providing a more accurate ...
Additionally, the reduction in inflation to 24.5% in January, coupled with rising Foreign Direct Investment (FDI) and a growing Gross Domestic Product (GDP), further strengthens Nigeria’s appeal.