Income share held by third 20% in Nigeria
Nigeria: Income share held by third 20% was 16.4% in 2022. ▲ Rising
Income share held by third 20% in Nigeria, 1985–2022
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
Analysis
In 2022, income share held by third 20% in Nigeria stood at 16.4%. That is the highest value across all 9 years on record.
That represents a change of up 3.1% over ten years.
Over the whole period, income share held by third 20% in Nigeria peaked at 16.4% in 2022 and was at its lowest, 12.3%, in 1996.
Nigeria ranks 59th of 121 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.5% | 15.5% | 15.5% | 1 |
| 1990s | 13.4% | 12.3% | 14.4% | 2 |
| 2000s | 15.4% | 15.4% | 15.4% | 1 |
| 2010s | 15.9% | 15.8% | 16.2% | 4 |
| 2020s | 16.4% | 16.4% | 16.4% | 1 |
Countries ranked near Nigeria
- 59 Tunisia 16.4% compare
- 61 Kazakhstan 16.3% compare
- 62 Guinea-Bissau 16.2% compare
- 62 Lithuania 16.2% compare
- 62 Thailand 16.2% compare
More poverty & inequality data for Nigeria
- Poverty headcount ratio at $8.30 a day (2021 PPP) 92.9% (2022)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 64.0% (2022)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 41.8% (2022)
- Poverty gap at $3.00 a day (2021 PPP) 13.0% (2022)
- Prosperity gap 9.8 average shortfall from a prosperity standard of $28/day (2022)
- Poverty gap at $8.30 a day (2021 PPP) 53.2% (2022)
- Poverty headcount ratio at societal poverty line 41.8% (2022)
- Poverty gap at $4.20 a day (2021 PPP) 24.6% (2022)
- Population living in slums 48.5% (2022)
- Income share held by second 20% 12.0% (2022)
Frequently asked questions
- What is income share held by third 20% in Nigeria?
- Income share held by third 20% in Nigeria was 16.4% in 2022, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest income share held by third 20% recorded in Nigeria?
- The highest recorded value was 16.4% in 2022.
- What is the lowest income share held by third 20% recorded in Nigeria?
- The lowest recorded value was 12.3% in 1996.
- How does Nigeria rank for income share held by third 20%?
- Nigeria ranks 59th out of 121 countries with data for 2022.
- Is income share held by third 20% rising or falling in Nigeria?
- Over the last ten years it is up 3.1%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Income share held by third 20%. Statizoid updates them automatically from the source API.
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About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.