Prosperity gap (average shortfall from a prosperity standard) in Nigeria
Nigeria: Prosperity gap (average shortfall from a prosperity standard) was 9.8 average shortfall from a prosperity standard of $28/day in 2022. ▼ Falling
Latest (2022)
9.8 average shortfall from a prosperity standard of $28/day
World rank
11th
of 123 countries
All-time high
17.7 average shortfall from a prosperity standard of $28/day
in 1996
All-time low
8.7 average shortfall from a prosperity standard of $28/day
in 2015
Years of data
9
1985–2022
Prosperity gap in Nigeria, 1985–2022
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Measured in average shortfall from a prosperity standard of $28/day.
Analysis
The most recent figure for prosperity gap in Nigeria is 9.8 average shortfall from a prosperity standard of $28/day, measured in 2022.
Compared with earlier readings it is up 8.9% over ten years.
Over the whole period, prosperity gap in Nigeria peaked at 17.7 average shortfall from a prosperity standard of $28/day in 1996 and was at its lowest, 8.7 average shortfall from a prosperity standard of $28/day, in 2015.
That places Nigeria 11th out of 123 countries with data for 2022, putting it in the top 10%.
Prosperity gap (average shortfall from a prosperity standard) in Nigeria, year by year
| Year | average shortfall from a prosperity standard of $28/day | Change |
|---|---|---|
| 1985 | 11.9 average shortfall from a prosperity standard of $28/day | — |
| 1992 | 16.6 average shortfall from a prosperity standard of $28/day | +39.5% |
| 1996 | 17.7 average shortfall from a prosperity standard of $28/day | +6.6% |
| 2003 | 12.7 average shortfall from a prosperity standard of $28/day | -28.2% |
| 2010 | 9.1 average shortfall from a prosperity standard of $28/day | -28.3% |
| 2012 | 9 average shortfall from a prosperity standard of $28/day | -1.1% |
| 2015 | 8.7 average shortfall from a prosperity standard of $28/day | -3.3% |
| 2018 | 8.7 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2022 | 9.8 average shortfall from a prosperity standard of $28/day | +12.6% |
Nigeria compared with similar countries
- Nigeria's 9.8 average shortfall from a prosperity standard of $28/day is above the median for lower middle income countries, which is 5.5 average shortfall from a prosperity standard of $28/day, 1.8× the median. (29 countries reporting)
- Nigeria's 9.8 average shortfall from a prosperity standard of $28/day is above the median for Sub-Saharan Africa, which is 9.1 average shortfall from a prosperity standard of $28/day, 1.1× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 11.9 average shortfall from a prosperity standard of $28/day | 11.9 average shortfall from a prosperity standard of $28/day | 11.9 average shortfall from a prosperity standard of $28/day | 1 |
| 1990s | 17.15 average shortfall from a prosperity standard of $28/day | 16.6 average shortfall from a prosperity standard of $28/day | 17.7 average shortfall from a prosperity standard of $28/day | 2 |
| 2000s | 12.7 average shortfall from a prosperity standard of $28/day | 12.7 average shortfall from a prosperity standard of $28/day | 12.7 average shortfall from a prosperity standard of $28/day | 1 |
| 2010s | 8.88 average shortfall from a prosperity standard of $28/day | 8.7 average shortfall from a prosperity standard of $28/day | 9.1 average shortfall from a prosperity standard of $28/day | 4 |
| 2020s | 9.8 average shortfall from a prosperity standard of $28/day | 9.8 average shortfall from a prosperity standard of $28/day | 9.8 average shortfall from a prosperity standard of $28/day | 1 |
Countries ranked near Nigeria
- 9 Tanzania 10.6 average shortfall from a prosperity standard of $28/day compare
- 10 Kenya 9.9 average shortfall from a prosperity standard of $28/day compare
- 12 Burkina Faso 9.4 average shortfall from a prosperity standard of $28/day compare
- 13 Ethiopia 9.1 average shortfall from a prosperity standard of $28/day compare
- 13 Guinea-Bissau 9.1 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for Nigeria
- Number of income/consumption surveys in the past decade available via the World Bank 2 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 4.48 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 1,558 kg per hectare (2024)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2024)
- Cereal yield vs extreme poverty, annual growth rate 0.607 % change on previous year (2024)
- Tax revenues vs income inequality, gaps filled 7.17 (2007)
- Tax revenue as share of GDP vs. income inequality 7.2% (2007)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2007)
Frequently asked questions
- What is prosperity gap in Nigeria?
- Prosperity gap in Nigeria was 9.8 average shortfall from a prosperity standard of $28/day in 2022, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest prosperity gap recorded in Nigeria?
- The highest recorded value was 17.7 average shortfall from a prosperity standard of $28/day in 1996.
- What is the lowest prosperity gap recorded in Nigeria?
- The lowest recorded value was 8.7 average shortfall from a prosperity standard of $28/day in 2015.
- How does Nigeria rank for prosperity gap?
- Nigeria ranks 11th out of 123 countries with data for 2022.
- Is prosperity gap rising or falling in Nigeria?
- Over the last ten years it is up 8.9%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.
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About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.