Nigeria has fallen 12 places in the 2026 Global Finance ranking of the world’s poorest countries, highlighting a decline in its relative economic standing despite remaining outside the bottom 10.
Nigeria ranked 56th among the 60 poorest countries globally, compared with 44th in the 2025 ranking, according to the latest report by Global Finance magazine.
The ranking is based on gross domestic product (GDP) per capita at purchasing power parity (PPP), which adjusts income levels for differences in the cost of goods and services across countries and provides a measure of living standards.
Nigeria recorded a GDP per capita of $9,532.92 on a PPP basis in the latest ranking.
The movement means Nigeria is now closer to the bottom of the 60-country ranking, although it remains above the 10 countries classified as the world’s poorest economies.
