Socioeconomic Indicators Nigeria report 2024

Market Insights report

Socioeconomic Indicators Nigeria report 2024

Global socioeconomic patterns across time highlight significant disparities in wealth, employment possibilities, demography, and social welfare.

  • The gini coefficient in Nigeria is forecast to amount to 0.35 in 2024.
  • The unemployment rate in Nigeria is forecast to 4.52% in 2024.
  • The unemployed people in Nigeria is forecast to 3.54m in 2024.
  • The employment rate in Nigeria is forecasted to 82.02% in 2024.
  • The total labor force in Nigeria is forecasted to 78.14m in 2024.
  • The labor productivity in Nigeria is forecasted to US$1.69 in 2024.
  • The total population in Nigeria is forecast to amount to 229.20m inhabitants in 2024.
  • The number of households in Nigeria is forecast to amount to 44.74m in 2024.
  • The share of population in Nigeria who earns less than $2.15 per day is forecast to amount to 28.79% in 2024.

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Table of contents

  • Overview
    • Management Summary
    • Market Definition
    • Key Takeaways
  • Country Trends
    • Number Of Households
    • Total Population
    • Labor Productivity
    • GINI Coefficient
    • Poverty Share
    • Population Share By Income Class
    • Poverty Headcount
    • Human Development Index
    • World Press Freedom Index
    • Corruption Perception Index
    • Global Innovation Index
    • Consumer Price Index For Education
    • Government Expenditure On Education - Percentage Of GDP
    • Mean Year Of Schooling
    • Unemployment Rate
    • Number Of Unemployed
    • Total Labor Force
    • Employment Rate
    • Average Weekly Working Hours - Per Employee
    • Average Hourly Earnings - Per Employee
  • Appendix
    • Statista Market Insights
    • Author

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