Nigeria’s GDP per capita has dropped to 835 U.S. dollars, a significant decline from its 2023 range of 1,597–2,460 dollars, according to the International Monetary Fund. The sharp decrease reflects the impact of inflation, a weakening naira, and widening fiscal deficits on the country's economy.
Thursday, February 13, 2025
Video - Nigeria’s GDP per capita falls to U.S. $835
Nigeria’s GDP per capita has dropped to 835 U.S. dollars, a significant decline from its 2023 range of 1,597–2,460 dollars, according to the International Monetary Fund. The sharp decrease reflects the impact of inflation, a weakening naira, and widening fiscal deficits on the country's economy.
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