Nigeria, 12th poorest country by GDP in 2025 — Report
Nigeria has been ranked the 12th poorest nation on this planet by irascible home product per capita in 2025, in accordance to fresh files from the Global Monetary Fund published by Visible Capitalist.
The file, launched on June 24, shows Nigeria’s GDP per capita at $807, putting it amongst the backside 15 out of fifty countries surveyed. South Sudan tops the record because the poorest nation, with a GDP per capita of $251, followed by Yemen, Burundi, the Central African Republic and Malawi.
Despite being one amongst Africa’s largest economies by complete GDP, Nigeria’s ranking highlights the power financial hardship confronted by its inhabitants. The decide reflects the reasonable financial output per person and serves as a tough measure of earnings ranges and long-established of dwelling internal a nation.
Visible Capitalist popular that Africa stays basically the most represented plan amongst the enviornment’s poorest countries by this measure, accounting for a vital quantity of the backside 50. The file attributes the bad rankings to factors equivalent to conflict, ragged establishments, underdeveloped infrastructure and dinky industrial output, which hang stifled financial insist across many African countries.
The records furthermore bid that while Nigeria’s economy is expansive in absolute terms, its inhabitants size a great deal drags down its per capita output. Analysts suppose this reflects deep structural factors within the nation’s economy, with earnings and opportunities concentrated amongst a little elite while the bulk fight with poverty, inflation and inadequate public services.
The file additional underscores the commercial hole between Africa and the comfort of the enviornment. Whereas the realm reasonable GDP per capita in 2025 is estimated at $14,213, Nigeria’s decide is virtually 18 times decrease. In complete, Africa accounts for 19 percent of the realm inhabitants however simplest 3 percent of world financial output.
India furthermore seems on the record because the fiftieth poorest nation with a GDP per capita of $2,878, despite ranking because the fourth-largest economy on this planet by complete GDP. Specialists suppose the case of India and Nigeria illustrates how complete nationwide output doesn't basically translate to popular prosperity.
Whereas GDP per capita is no longer a complete measure of wealth or dwelling standards, it presents perception into how noteworthy financial productivity is generated per citizen. Economists warn that except Nigeria invests in inclusive insist, job introduction and key sectors love schooling, health and infrastructure, its construction will continue to ride within the wait on of.
The file ranks assorted African countries equivalent to Madagascar, Sudan, the Democratic Republic of Congo, Mozambique and Niger amongst the poorest globally. It adds that without sustained reforms, many countries on the continent may possibly maybe remain trapped in cycles of low productivity and poverty.
