Nigeria has dropped to 56th position among the 60 countries ranked at the bottom of Global Finance magazine’s 2026 GDP-per-capita purchasing-power-parity (PPP) ranking.
Nigeria’s GDP per capita was put at $9,532.92, according to reports citing the ranking, compared with its 44th position in the 2025 edition.
The latest position places Nigeria among the lower-ranked economies globally when measured by GDP per capita at PPP, a metric that adjusts economic output to account for differences in purchasing power and the cost of living.
The ranking also shows the dominance of African countries at the bottom of the table. Nine of the 10 lowest-ranked countries are in Africa, with Yemen the only non-African country in the bottom 10.
Burundi recorded the lowest GDP-per-capita figure on the ranking at $994.23, followed by the Central African Republic and South Sudan.
Nigeria’s position highlights the continuing pressure on household purchasing power and living standards, although GDP per capita at PPP should not be treated as a direct measurement of the wealth or income of individual Nigerians.
The ranking is essentially a comparative economic indicator and does not, on its own, capture income inequality or the distribution of wealth within a country.