Poverty in Nigeria in 2023: Triangulating various sources

Godstime Eigbiremolen, Christoph Lakner, Utz Pape, Anubhava Singla, Sering Touray and Nishant Yonzan

No 52, Global Poverty Monitoring Technical Note Series from The World Bank

Abstract: This note triangulates various data sources to estimate the trend in extreme poverty – that is, those living on less than $3.00/day international poverty line in 2021 purchasing power parity – in Nigeria after 2018. Extreme poverty in Nigeria has risen significantly from 34.2 percent in 2018/19 to 41.8 percent in 2022/23 according to the 2022/23 Nigeria Living Standards Surveys, or from 37.1 percent in 2018/19 to 48.3 percent in 2023/24 according the 2023/24 General Household Survey-Panel. There is considerable volatility especially in 2023, so different fieldwork timing can lead to differences in results. Microsimulations using the 2018/19 survey and trends in macroeconomic indicators confirm these broad patterns.

Pages: 24 pages
Date: 2026-07
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbgpmt:52

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