In 2020, the median age in Nigeria stood at 18.6 years. This means that, as of 2020, half of the population was younger than 18.6 years and half was older. Nigeria's population is among the youngest in Africa as well as in the world, with a mean age slightly above 18 years.

This map shows the average household size in Nigeria in 2023, in a multiscale map (Country, State, and Local Government Area). Nationally, the average household size is 4.5 people per household. It is calculated by dividing the household population by total households.The pop-up is configured to show the following information at each geography level:Average household size (people per household)Total populationTotal householdsCount of population by 15-year age increments The source of this data is Michael Bauer Research. The vintage of the data is 2023. This item was last updated in October, 2023 and is updated every 12-18 months as new annual figures are offered.Additional Esri Resources:Esri DemographicsThis item is for visualization purposes only and cannot be exported or used in analysis.We would love to hear from you. If you have any feedback regarding this item or Esri Demographics, please let us know.Permitted use of this data is covered in the DATA section of the Esri Master Agreement (E204CW) and these supplemental terms.

This statistic shows the median age of the population in Nigeria from 1950 to 2100. The median age is the age that divides a population into two numerically equal groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population. In 2020, the median age of the Nigerian population was 16.9 years.

This layer shows the average household size in Nigeria in 2023, in a multiscale map (Country, State, and Local Government Area). Nationally, the average household size is 4.5 people per household. It is calculated by dividing the household population by total households.The pop-up is configured to show the following information at each geography level:Average household size (people per household)Total populationTotal householdsCount of population by 15-year age increments The source of this data is Michael Bauer Research. The vintage of the data is 2023. This item was last updated in October, 2023 and is updated every 12-18 months as new annual figures are offered.Additional Esri Resources:Esri DemographicsThis item is for visualization purposes only and cannot be exported or used in analysis.We would love to hear from you. If you have any feedback regarding this item or Esri Demographics, please let us know.Permitted use of this data is covered in the DATA section of the Esri Master Agreement (E204CW) and these supplemental terms.

Nigeria's population structure reveals a youthful demographic, with those aged **** years comprising the largest age group compared to the total of those between the ages of 30 and 84 years. The majority of the young population are men. This demographic trend has significant implications for Nigeria's future, particularly in terms of economic development and social services. It has the potential to offer a large future workforce that could drive economic growth if it is adequately educated and employed. However, without sufficient investment in health, education, and job creation, this youth bulge could strain public resources and fuel unemployment and social unrest. Poverty challenges amid population growth Despite Nigeria's large youth population, the country faces substantial poverty challenges. This is largely due to its youth unemployment rate, which goes contrary to the expectation that the country’s large labor force would contribute to employment and the economic development of the nation. In 2022, an estimated **** million Nigerians lived in extreme poverty, defined as living on less than **** U.S. dollars a day. This number is expected to rise in the coming years, indicating a growing disparity between population growth and economic opportunities. The situation is particularly dire in rural areas, where **** million people live in extreme poverty compared to *** million in urban centers. Linguistic and ethnic diversity Nigeria's population is characterized by significant linguistic and ethnic diversity. Hausa is the most commonly spoken language at home, used by ** percent of the population, followed by Yoruba at ** percent and Igbo at ** percent. This linguistic variety reflects Nigeria's complex ethnic composition, with major groups including Hausa, Yoruba, Igbo, and Fulani. English, the country's official language, serves as the primary language of instruction in schools, promoting literacy across diverse communities.

In a study conducted in Nigeria in 2023, only one percent of respondents between 18 and 35 years old reported having, on average, ** hours of electricity supply every day. Furthermore, on average, most of the respondents among all age groups disclosed having between one and **** hours of electricity per day. For individuals over 61 years, only two percent disclosed to having any light at all daily.

Nigeria: Fertilizer use, kg per hectare of arable land: The latest value from 2022 is 7.3 kg per hectare of arable land, a decline from 18 kg per hectare of arable land in 2021. In comparison, the world average is 133.2 kg per hectare of arable land, based on data from 182 countries. Historically, the average for Nigeria from 1961 to 2022 is 6.9 kg per hectare of arable land. The minimum value, 0.1 kg per hectare of arable land, was reached in 1961 while the maximum of 22.6 kg per hectare of arable land was recorded in 2020.

Inflation Rate in Nigeria decreased to 22.97 percent in May from 23.71 percent in April of 2025. This dataset provides - Nigeria Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This map shows the purchasing power per capita in Nigeria in 2023, in a multiscale map (Country, State, and Local Government Area). Nationally, the purchasing power per capita is 680,581 Nigerian naira. Purchasing Power describes the disposable income (income without taxes and social security contributions, including received transfer payments) of a certain area's population. The figures are in Nigerian naira (NGN) per capita.The pop-up is configured to show the following information at each geography level:Purchasing power per capitaPurchasing power index per areaThe Purchasing Power Index compares the demand for a specific purchasing category in an area, with the national demand for that product or service. The index values at the national level are 100, representing average demand for the country. A value of more than 100 represents higher demand than the national average, and a value of less than 100 represents lower demand than the national average. For example, an index of 120 implies that demand in the area is 20 percent higher than the national average; an index of 80 implies that demand is 20 percent lower than the national average.The source of this data is Michael Bauer Research. The vintage of the data is 2023. This item was last updated in October, 2023 and is updated every 12-18 months as new annual figures are offered.Additional Esri Resources:Esri DemographicsThis item is for visualization purposes only and cannot be exported or used in analysis.We would love to hear from you. If you have any feedback regarding this item or Esri Demographics, please let us know.Permitted use of this data is covered in the DATA section of the Esri Master Agreement (E204CW) and these supplemental terms.

As of July 2024, Nigeria's population was estimated at around 229.5 million. Between 1965 and 2024, the number of people living in Nigeria increased at an average rate of over two percent. In 2024, the population grew by 2.42 percent compared to the previous year. Nigeria is the most populous country in Africa. By extension, the African continent records the highest growth rate in the world. Africa's most populous country Nigeria was the most populous country in Africa as of 2023. As of 2022, Lagos held the distinction of being Nigeria's biggest urban center, a status it also retained as the largest city across all of sub-Saharan Africa. The city boasted an excess of 17.5 million residents. Notably, Lagos assumed the pivotal roles of the nation's primary financial hub, cultural epicenter, and educational nucleus. Furthermore, Lagos was one of the largest urban agglomerations in the world. Nigeria's youthful population In Nigeria, a significant 50 percent of the populace is under the age of 19. The most prominent age bracket is constituted by those up to four years old: comprising 8.3 percent of men and eight percent of women as of 2021. Nigeria boasts one of the world's most youthful populations. On a broader scale, both within Africa and internationally, Niger maintains the lowest median age record. Nigeria secures the 20th position in global rankings. Furthermore, the life expectancy in Nigeria is an average of 62 years old. However, this is different between men and women. The main causes of death have been neonatal disorders, malaria, and diarrheal diseases.

Nigeria: Percent of one-year-old children with Hepatitis B immunization: The latest value from 2022 is 62 percent, unchanged from 62 percent in 2021. In comparison, the world average is 85 percent, based on data from 183 countries. Historically, the average for Nigeria from 2005 to 2022 is 49 percent. The minimum value, 18 percent, was reached in 2005 while the maximum of 66 percent was recorded in 2019.

Africa has the youngest population in the world. Among the 35 countries with the lowest median age worldwide, only three fall outside the continent. In 2023, the median age in Niger was 15.1 years, the youngest country. This means that at this age point, half of the population was younger and half older. A young population reflects several demographic characteristics of a country. For instance, together with a high population growth, life expectancy in Western Africa is low: this reached 57 years for men and 59 for women. Overall, Africa has the lowest life expectancy in the world.

Africa’s population is still growing Africa’s population growth can be linked to a high fertility rate along with a drop in death rates. Despite the fertility rate on the continent, following a constant declining trend, it remains far higher compared to all other regions worldwide. It was forecast to reach 4.12 children per woman, compared to a worldwide average of 2.31 children per woman in 2024. Furthermore, the crude death rate in Africa overall dropped, only increasing slightly during the coronavirus (COVID-19) pandemic. The largest populations on the continent Nigeria, Ethiopia, Egypt, and the Democratic Republic of Congo are the most populous African countries. In 2023, people living in Nigeria amounted to around 224 million, while the number for the three other countries exceeded 100 million each. Of those, the Democratic Republic of Congo sustained the fourth-highest fertility rate in Africa. Nigeria and Ethiopia also had high rates, with 5.24 and 4.16 births per woman, respectively. Although such a high fertility rate is expected to slow down, it will still impact the population structure, growing younger nations.

Nigeria inflation rate for 2023 was 24.66%, a 5.81% increase from 2022.

<ul style='margin-top:20px;'>

<li>Nigeria inflation rate for 2022 was <strong>18.85%</strong>, a <strong>1.89% increase</strong> from 2021.</li>
<li>Nigeria inflation rate for 2021 was <strong>16.95%</strong>, a <strong>3.71% increase</strong> from 2020.</li>
<li>Nigeria inflation rate for 2020 was <strong>13.25%</strong>, a <strong>1.85% increase</strong> from 2019.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

On average, the monthly cost of living for an individual in Nigeria amounted to ****** Nigerian Naira, which equaled roughly *** U.S. dollars. On the other hand, this figure added up to ******* Naira for a family, about *** U.S. dollars. In 2020, the minimum wage in Nigeria reached ****** Naira.

The national minimum wage for federal workers in Nigeria reached ****** Nigerian naira (NGN) in 2024, which equaled about ** U.S. dollars. On July 23, 2024, this minimum wage of ****** NGN was passed into law, increasing from the previous amount of ****** NGN. According to most recent data, the monthly cost of living for an individual in Nigeria amounted to ****** NGN on average, whereas this figure added up to over ******* NGN for a family. Dependency ratio In 2023, the labor dependency ratio in Nigeria was estimated at *** percent, showing no significant change since 2012. This metric represents the proportion of dependents who are either not part of the workforce or are unemployed, in relation to the total employed population. Nigeria's compensation trends and workload statistics In 2023, individuals working in executive management and change roles garnered the highest average annual salary in Nigeria at ****** U.S. dollars. In the same year, the employed workforce in Nigeria contributed to a collective weekly workload exceeding *** billion hours. Two years earlier, the workload was estimated at about *** billion hours.

Nigeria Working Age Population data was reported at 122,049,400.000 Person in Dec 2020. This records an increase from the previous number of 116,871,186.000 Person for Jun 2020. Nigeria Working Age Population data is updated quarterly, averaging 109,015,323.000 Person from Dec 2014 (Median) to Dec 2020, with 18 observations. The data reached an all-time high of 122,049,400.000 Person in Dec 2020 and a record low of 101,769,739.000 Person in Dec 2014. Nigeria Working Age Population data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s Nigeria – Table NG.G005: Labour Force Statistics (Discontinued).

As of January 2024, Nigeria registered over 205 million mobile connections. The number of mobile connections corresponded to approximately 91 percent of Nigeria's total population.

The average price of premium motor spirit in Nigeria increased by nearly 15 percent between September and October 2024. From July 2019 to July 2024, the largest jump was recorded in June 2023, when the average price of petrol increased by 129.23 percent.

As of July 2024 the average price of gasoline in Nigeria was ****** Nigerian naira (NGN) per liter, about **** U.S. dollars. The North-West state recorded the highest prices nationwide, at ***** NGN, roughly **** U.S. dollars. In contrast, consumers in the South-South zone paid the lowest prices.

Key information about Nigeria Total Imports

• Nigeria Total Imports recorded 3.0 USD bn in Mar 2023, compared with a value of 4.1 USD bn in the previous month
• Nigeria Total Imports data is updated monthly, available from Jan 2003 to Mar 2023, with an average number of 2.9 USD bn
• The data reached an all-time high of 10.3 USD bn in Mar 2011 and a record low of 699.9 USD mn in Jan 2005

CEIC converts monthly Total Imports into USD. The National Bureau of Statistics provides Total Imports, CIF, in local currency. The Central Bank of Nigeria average market exchange rate is used for currency conversions.


Further information about Nigeria Total Imports

• In the latest reports, Nigeria Total Imports dropped 59.8 % YoY in Mar 2023
• Total Exports dropped 18.7 % YoY, to 5.0 USD bn in Mar 2023
• Nigeria Trade Balance recorded a surplus of 2.0 USD bn in Mar 2023