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Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Repair Windows errors before they cause bigger problemsFix Now →Scan for outdated or missing drivers - takes under a minuteDriver Scan →Nigeria has the much larger economy, while Benin’s GDP per person is higher in the latest comparable World Bank figures surfaced here. In 2024, Nigeria’s GDP was US$252.26 billion, compared with US$21.5 billion for Benin; GDP per capita was about US$1,084.2 in Nigeria and US$1,485.6 in Benin. The answer to “Which country is richer?” therefore depends on whether you mean the size of the whole economy or average output per person.
How do Benin and Nigeria compare by GDP?
For a same-year comparison of total economic output, Nigeria is far ahead. The World Bank’s 2024 figures put Nigeria’s GDP at US$252.26 billion and Benin’s at US$21.5 billion. These are current-US-dollar estimates, so exchange-rate movements affect their dollar value.
| Measure | Benin | Nigeria | What it shows |
|---|---|---|---|
| GDP, 2024 | US$21.5 billion (World Bank, April 2026 Macro Poverty Outlook) | US$252.26 billion (World Bank country data) | Nigeria’s total economy is much larger. |
| GDP per capita, 2024 | About US$1,485.6 (World Bank, April 2026 Macro Poverty Outlook) | US$1,084.2 (World Bank country data) | Benin’s average output per person is higher in this comparison. |
The GDP values come from different World Bank publications, but both refer to 2024. Figures can be revised or rounded differently across releases.
Which country is richer per person?
Benin is ahead on 2024 GDP per capita: approximately US$1,485.6, against US$1,084.2 for Nigeria. GDP per capita divides a country’s total output by its population. It is an average, not the income that a typical resident receives, and it does not show how output is distributed.
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GDP per capita is also not the same as personal net worth, take-home pay, or household consumption. To understand living standards, a fuller comparison would consider income or consumption distribution, poverty, local prices, and access to services.
Why the definition of “wealthier” matters
- Total economic size: Use GDP when asking which country has the larger economy. On the matched 2024 figures above, Nigeria leads.
- Average domestic output: Use GDP per capita when comparing output divided by population. Benin leads in the cited 2024 figures.
- Income received by residents: Gross national income (GNI) per capita is a different measure from GDP per capita. The World Bank reports Benin’s 2024 GNI per capita, Atlas method, at US$1,430.
- Purchasing power: Current-US-dollar figures are not adjusted for differences in local prices. Purchasing-power-parity (PPP) figures address local purchasing power differently and should not be mixed with nominal dollar values in one ranking.
Do growth and poverty change the comparison?
Growth describes change, not economic size
The World Bank’s April 2026 Macro Poverty Outlook reports Benin’s GDP growth at 8.1% in 2025 and projects growth to moderate to 7.1% in 2026–28. A growth rate indicates how quickly output changed over a period; it does not mean Benin’s economy is larger than Nigeria’s or establish how gains are shared.
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Poverty figures need matching definitions
The World Bank Poverty and Inequality Platform reports that 27.22% of Benin’s population was below the $3.00-a-day poverty line in 2021, using 2021 PPP. The World Bank’s Nigeria country page estimates that 69.6% of Nigeria’s population was below its lower-middle-income poverty line in 2025, and reports 50.8% in extreme poverty. Those Nigeria estimates should not be ranked directly against Benin’s 2021 figure: the years and poverty-line definitions differ. A fair poverty comparison requires aligned years, lines, PPP basis, and methodology.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What about the newer 2025 Benin figures?
The World Bank country-data series surfaced here reports Benin’s 2025 GDP at US$24.57 billion and GDP per capita at US$1,658.3. Those observations do not create a same-year comparison with Nigeria’s 2024 figures. Use the matched 2024 values for the direct country-versus-country comparison rather than pairing Benin’s 2025 data with Nigeria’s 2024 data.
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Economic datasets are updated over time. The World Bank’s July 2026 World Development Indicators release included updated global data and ranking tables for 2025 GDP, PPP GDP, GNI, GNI per capita, and population, so later releases may revise displayed figures.
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