Nigeria has been ranked the twelfth poorest nation on the earth by GDP per capita in 2025, in accordance with new knowledge printed by Visible Capitalist utilizing figures from the Worldwide Financial Fund (IMF).
Out of 189 international locations reviewed, Nigeria got here in at 178th place, with a mean {economic} output of simply $807 per individual.
The report defined that whereas Nigeria is one in all Africa’s largest economies by complete GDP, its huge inhabitants drags down its GDP per capita, a key measure of particular person wealth.
“GDP per capita provides a fast litmus take a look at of how wealth is generated per individual inside a rustic. By dividing complete {economic} output by inhabitants, it ranges the enjoying subject between nations of very completely different sizes,” the report acknowledged.
South Sudan was listed because the poorest nation globally, with a GDP per capita of $251, adopted by Yemen, Burundi, the Central African Republic, and Malawi.
Nigeria’s rating highlights the deep {economic} struggles that persist throughout the nation. Regardless of its oil wealth and place as a continental powerhouse, a lot of the inhabitants continues to dwell in poverty.
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“Persistent battle, fragile establishments, and restricted industrial bases proceed to suppress revenue development in lots of them, at the same time as the worldwide economic system rebounds after the pandemic,” Visible Capitalist defined, referring to low-income nations.
In keeping with IMF knowledge, India additionally made the checklist, coming in because the fiftieth poorest nation, regardless of being the fourth-largest economic system on the earth. It recorded a GDP per capita of $2,878, underscoring how inhabitants measurement can obscure general wealth figures.
“Extra startlingly, India makes the checklist as properly. It’s the fiftieth poorest by GDP per capita at $2,878, a uncommon case of a worldwide high 5 economic system by GDP having low ranges of particular person productiveness.
“Nigeria is one other much less dramatic instance of enormous economic system whose inhabitants brings down its GDP per capita,” the report added.
A number of different African international locations had been ranked among the many poorest globally, together with Madagascar, Sudan, the Democratic Republic of Congo, Mozambique, and Niger.
No knowledge was out there for seven international locations, together with Afghanistan, Eritrea, Lebanon, Pakistan, Sri Lanka, Syria, and Palestine.
