Labor share of gdp in Nigeria

Nigeria: Labor share of gdp was 68.2 in 2020. β–² Rising

Latest (2020)
68.2
Change on year
down 1.4%
World rank
2nd
of 186 countries
All-time high
69.2
in 2019
All-time low
62.4
in 2010
Years of data
17
2004–2020

Labor share of gdp in Nigeria, 2004–2020

02040602004201220202004: 62.72005: 63.32006: 63.32007: 632008: 62.92009: 62.52010: 62.42011: 63.42012: 65.22013: 65.92014: 66.42015: 64.12016: 62.92017: 66.12018: 672019: 69.22020: 68.2

Source: Our World in Data.

Analysis

The most recent figure for labor share of gdp in Nigeria is 68.2, measured in 2020.

That represents a change of down 1.4% on the previous year and up 9.3% over ten years.

Over the whole period, labor share of gdp in Nigeria peaked at 69.2 in 2019 and was at its lowest, 62.4, in 2010.

That places Nigeria 2nd out of 186 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 62.95 62.5 63.3 6
2010s 65.26 62.4 69.2 10
2020s 68.2 68.2 68.2 1

Countries ranked near Nigeria

  1. 1 Switzerland 68.4 compare
  2. 3 Iceland 66.3 compare
  3. 4 Chile 65 compare
  4. 5 Vanuatu 63.8 compare

See the full ranking of 186 places β†’

More work & labour data for Nigeria

All data for Nigeria β†’

Frequently asked questions

What is labor share of gdp in Nigeria?
Labor share of gdp in Nigeria was 68.2 in 2020, according to Our World in Data.
What is the highest labor share of gdp recorded in Nigeria?
The highest recorded value was 69.2 in 2019.
What is the lowest labor share of gdp recorded in Nigeria?
The lowest recorded value was 62.4 in 2010.
How does Nigeria rank for labor share of gdp?
Nigeria ranks 2nd out of 186 countries with data for 2020.
Is labor share of gdp rising or falling in Nigeria?
Over the last ten years it is up 9.3%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 17 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Labor share of gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
186 places, 3,162 data points, 2004–2020
Last refreshed