Nigeria—PPP Conversion Factor
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #44 of 201Updated April 2026
Latest Value
176.33
2024
YoY Change
+11.4%
2023 → 2024
Global Rank
#44
of 201 countries
Maximum
176.33
2024
Minimum
25.41
2000
CAGR
+8.4%
25 years
Last
176.33
Previous
158.29
Highest
176.33
Lowest
25.41
Source
World Bank World Development Indicators
Nigeria's ppp conversion factor was 176.33 in 2024, ranking #44 out of 201 countries. This represents a +11.4% change from 2023. Over the past 25 years, the highest recorded value was 176.33 (2024) and the lowest was 25.41 (2000). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 176.33 | +11.4% |
| 2023 | 158.29 | +7.0% |
| 2022 | 147.97 | +0.9% |
| 2021 | 146.72 | +9.0% |
| 2020 | 134.64 | +3.9% |
| 2019 | 129.65 | +4.6% |
| 2018 | 123.91 | +7.9% |
| 2017 | 114.82 | +9.9% |
| 2016 | 104.5 | +8.6% |
| 2015 | 96.19 | +4.2% |
| 2014 | 92.32 | +2.6% |
| 2013 | 89.96 | +3.8% |
| 2012 | 86.68 | +10.0% |
| 2011 | 78.78 | +7.6% |
| 2010 | 73.24 | +14.9% |
| 2009 | 63.72 | +0.1% |
| 2008 | 63.67 | +5.9% |
| 2007 | 60.14 | +4.3% |
| 2006 | 57.67 | +20.2% |
| 2005 | 48 | +16.2% |
| 2004 | 41.3 | +17.6% |
| 2003 | 35.13 | +7.7% |
| 2002 | 32.62 | +19.3% |
| 2001 | 27.36 | +7.7% |
| 2000 | 25.41 |
Top Countries — PPP Conversion Factor
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Iran, Islamic Rep. | 118,268.07 | 2024 |
| 2 | Lebanon | 23,736.79 | 2023 |
| 3 | Somalia, Fed. Rep. | 11,049.72 | 2024 |
| 4 | Viet Nam | 6,956.93 | 2024 |
| 5 | Indonesia | 4,747.91 | 2024 |
| 6 | Lao PDR | 4,381.72 | 2024 |
| 7 | Uzbekistan | 3,367.64 | 2024 |
| 8 | Guinea | 3,185.82 | 2024 |
| 9 | Paraguay | 2,618.66 | 2024 |
| 10 | Syrian Arab Republic | 1,757.52 | 2023 |