Net foreign assets (current LCU), per capita in Nigeria
Nigeria: Net foreign assets (current LCU), per capita was 16,962 current LCU per person in 2022. ◆ Volatile
Net foreign assets (current LCU), per capita in Nigeria, 1960–2022
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
In 2022, net foreign assets (current lcu), per capita in Nigeria stood at 16,962 current LCU per person.
Compared with earlier readings it is down 60.2% on the previous year and down 65.7% over ten years.
Over the whole period, net foreign assets (current lcu), per capita in Nigeria peaked at 57,766 current LCU per person in 2018 and was at its lowest, -40.41 current LCU per person, in 1994.
Nigeria ranks 101st of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net foreign assets (current LCU), per capita in Nigeria, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1960 | 4.91 current LCU per person | — |
| 1961 | 4.86 current LCU per person | -0.9% |
| 1962 | 4.33 current LCU per person | -10.9% |
| 1963 | 3.2 current LCU per person | -26.1% |
| 1964 | 2.7 current LCU per person | -15.8% |
| 1965 | 3.19 current LCU per person | +18.2% |
| 1966 | 2.69 current LCU per person | -15.6% |
| 1967 | 1.06 current LCU per person | -60.8% |
| 1968 | 1.49 current LCU per person | +41.1% |
| 1969 | 1.72 current LCU per person | +15.8% |
| 1970 | 2.75 current LCU per person | +59.4% |
| 1971 | 4.89 current LCU per person | +78.1% |
| 1972 | 4.16 current LCU per person | -15.0% |
| 1973 | 6.89 current LCU per person | +65.8% |
| 1974 | 56.72 current LCU per person | +722.8% |
| 1975 | 57.8 current LCU per person | +1.9% |
| 1976 | 51.02 current LCU per person | -11.7% |
| 1977 | 42.97 current LCU per person | -15.8% |
| 1978 | 20.48 current LCU per person | -52.3% |
| 1979 | 45.15 current LCU per person | +120.4% |
| 1980 | 76.01 current LCU per person | +68.3% |
| 1981 | 33.6 current LCU per person | -55.8% |
| 1982 | 13.49 current LCU per person | -59.9% |
| 1983 | 10.04 current LCU per person | -25.6% |
| 1984 | 17.24 current LCU per person | +71.7% |
| 1985 | 21.39 current LCU per person | +24.1% |
| 1986 | 51.16 current LCU per person | +139.2% |
| 1987 | 76.62 current LCU per person | +49.8% |
| 1988 | 86.66 current LCU per person | +13.1% |
| 1989 | 193.55 current LCU per person | +123.3% |
| 1990 | 425.41 current LCU per person | +119.8% |
| 1991 | 542.07 current LCU per person | +27.4% |
| 1992 | 89.59 current LCU per person | -83.5% |
| 1993 | 81.66 current LCU per person | -8.9% |
| 1994 | -40.41 current LCU per person | -149.5% |
| 1995 | 552.34 current LCU per person | -1466.9% |
| 1996 | 1,703 current LCU per person | +208.3% |
| 1997 | 1,624 current LCU per person | -4.6% |
| 1998 | 1,696 current LCU per person | +4.4% |
| 1999 | 5,252 current LCU per person | +209.7% |
| 2000 | 9,218 current LCU per person | +75.5% |
| 2001 | 10,206 current LCU per person | +10.7% |
| 2002 | 9,404 current LCU per person | -7.9% |
| 2003 | 9,886 current LCU per person | +5.1% |
| 2004 | 18,520 current LCU per person | +87.3% |
| 2005 | 26,655 current LCU per person | +43.9% |
| 2006 | 41,513 current LCU per person | +55.7% |
| 2007 | 47,697 current LCU per person | +14.9% |
| 2008 | 54,553 current LCU per person | +14.4% |
| 2009 | 44,974 current LCU per person | -17.6% |
| 2010 | 37,176 current LCU per person | -17.3% |
| 2011 | 38,766 current LCU per person | +4.3% |
| 2012 | 49,464 current LCU per person | +27.6% |
| 2013 | 45,635 current LCU per person | -7.7% |
| 2014 | 36,280 current LCU per person | -20.5% |
| 2015 | 27,925 current LCU per person | -23.0% |
| 2016 | 40,176 current LCU per person | +43.9% |
| 2017 | 54,816 current LCU per person | +36.4% |
| 2018 | 57,766 current LCU per person | +5.4% |
| 2019 | 28,374 current LCU per person | -50.9% |
| 2020 | 41,863 current LCU per person | +47.5% |
| 2021 | 42,605 current LCU per person | +1.8% |
| 2022 | 16,962 current LCU per person | -60.2% |
Nigeria compared with similar countries
- Nigeria's 16,962 current LCU per person is below the median for lower middle income countries, which is 23,725 current LCU per person, 71% of the median. (46 countries reporting)
- Nigeria's 16,962 current LCU per person is below the median for Sub-Saharan Africa, which is 25,204 current LCU per person, 67% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets (current LCU), per capita in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +1466.9% | -40.41 current LCU per person | 552.34 current LCU per person |
| 1974 | +722.8% | 6.89 current LCU per person | 56.72 current LCU per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.01 current LCU per person | 1.06 current LCU per person | 4.91 current LCU per person | 10 |
| 1970s | 29.28 current LCU per person | 2.75 current LCU per person | 57.8 current LCU per person | 10 |
| 1980s | 57.98 current LCU per person | 10.04 current LCU per person | 193.55 current LCU per person | 10 |
| 1990s | 1,192 current LCU per person | -40.41 current LCU per person | 5,252 current LCU per person | 10 |
| 2000s | 27,263 current LCU per person | 9,218 current LCU per person | 54,553 current LCU per person | 10 |
| 2010s | 41,638 current LCU per person | 27,925 current LCU per person | 57,766 current LCU per person | 10 |
| 2020s | 33,810 current LCU per person | 16,962 current LCU per person | 42,605 current LCU per person | 3 |
Countries ranked near Nigeria
- 98 China 21,482 current LCU per person compare
- 99 Romania 20,044 current LCU per person compare
- 100 Turkey 17,167 current LCU per person compare
- 102 Saint Lucia 16,897 current LCU per person compare
- 103 Honduras 16,535 current LCU per person compare
- 104 Dominica 15,937 current LCU per person compare
More financial sector data for Nigeria
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.01 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.7387 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.01 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is net foreign assets (current lcu), per capita in Nigeria?
- Net foreign assets (current lcu), per capita in Nigeria was 16,962 current LCU per person in 2022, according to Statizoid (derived).
- What is the highest net foreign assets (current lcu), per capita recorded in Nigeria?
- The highest recorded value was 57,766 current LCU per person in 2018.
- What is the lowest net foreign assets (current lcu), per capita recorded in Nigeria?
- The lowest recorded value was -40.41 current LCU per person in 1994.
- How does Nigeria rank for net foreign assets (current lcu), per capita?
- Nigeria ranks 101st out of 186 countries with data for 2022.
- Is net foreign assets (current lcu), per capita rising or falling in Nigeria?
- Over the last ten years it is down 65.7%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Net foreign assets (current LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Net foreign assets (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net foreign assets (current LCU) ÷ Population, total
Computed from
- Net foreign assets International Financial Statistics database, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Net foreign assets (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.