Extreme poverty rate — all countries

Extreme poverty rate — Nigeria

Extreme poverty rate in Nigeria in 2022 — 41.8%. Ranked 70 in the world out of 73. Since 1985, the indicator has fallen by 9.3 pp.

2022 41.8% +7.6 pp vs 2018
World rank 70of 73
Period maximum 60.9%1996
Period minimum 34.2%2018

Trend over time

1985–2022 · % of population

Extreme poverty rate — Nigeria, 1985–2022304050607019851989199319972001200520092013201720211985: 51.1%1992: 55.2%1996: 60.9%2003: 51.1%2010: 38.5%2012: 37.4%2015: 35.8%2018: 34.2%2022: 41.8%
Change over the period: −9.3 pp Annual average: -0.25 pp

Comparison, 2022

How the value compares with the world and the groups this territory belongs to: Nigeria

Nigeria 41.8%
World 10.9%
Extreme poverty rate — Nigeria, by year Nigeria All countries CSV XLSX
Year % Change, pp
2022 41.8
2018 34.2
2015 35.8
2012 37.4
2010 38.5
2003 51.1
1996 60.9
1992 55.2
1985 51.1

About the indicator

The share of the population whose consumption or income falls below the international extreme poverty line — $2.15 a day in 2017 prices at purchasing power parity. This is the very indicator by which the first UN Sustainable Development Goal is tracked. The line is revised as the PPP conversion factors are updated, so historical values are recalculated retrospectively.

Important: The estimates are built on household surveys held once every few years; between surveys the values are interpolated.

Source: World Development Indicators (World Bank), license CC BY 4.0.