
Nigeria
West Africa ยท Africa
Population
232.7M
GDP (Nominal)
$252B
Capital City
Abuja
Currency
NGN (Nigerian Naira)
Avg Salary
$80/mo
Region
West Africa
Livability Index 2026
19.3/100
Cost of Living
1/100
Avg Salary
33.8/100
Safety
48.7/100
Healthcare
50/100
Education
38/100
Overall Livability
Institutional Summary
Nigeria is Africa's most populous country and a major cultural and economic powerhouse. However, it currently faces severe macroeconomic headwinds, including soaring inflation and security challenges.
Cost of Living
Monthly Rent (1BR)$150
Monthly Groceries$100
Monthly Transport$20
Utilities & Internet$55
Estimated Total Monthly
$325 /person
AI Algorithm Summary
Major Strengths
- โข Extremely affordable cost of living
Algorithmic Red Flags
- โข Significant safety and crime concerns (Score: 33.8)
Economic Performance
๐ GrowingGDP Per Capita
$1,082
Inflation Rate
33.2%
Unemployment
4.9%
5-Year GDP Trend
Migration & Visa
Subject to Regularization (STR) Visa
Temporary Work Permit (TWP)
Business Visa
Visa Difficulty
4/10
PR Eligibility
Permanent residency is difficult to obtain; most expats remain on renewable work permits
Employment Landscape
Avg Monthly Salary
$80
Trending
Top Performing Industries
Oil & Gas
Telecommunications
Agriculture
Film (Nollywood) & Entertainment
Social Indicators
Life Expectancy
55 Yrs
Literacy Rate
62%
Top Universities (QS Rank)
University of Ibadan#1001
Compare Nigeria
Benchmark against other Tier-1 economies provides critical context for relocation or institutional investment decisions.
