DEC alternative conversion factor in Nigeria

Nigeria: DEC alternative conversion factor was 1,478 ratio in 2024. β—† Volatile

Latest (2024)
1,478 ratio
Change on year
up 129.4%
World rank
23rd
of 208 countries
All-time high
1,478 ratio
in 2024
All-time low
102.11 ratio
in 2000
Years of data
25
2000–2024

DEC alternative conversion factor in Nigeria, 2000–2024

05001.0k1.5k2000201220242000: 102.1 ratio2001: 111.9 ratio2002: 121 ratio2003: 129.4 ratio2004: 133.5 ratio2005: 131.6 ratio2006: 127.4 ratio2007: 124.6 ratio2008: 117.7 ratio2009: 147.3 ratio2010: 148.8 ratio2011: 152.3 ratio2012: 155.9 ratio2013: 155.8 ratio2014: 157 ratio2015: 193 ratio2016: 253.5 ratio2017: 305.8 ratio2018: 306.1 ratio2019: 306.9 ratio2020: 356.9 ratio2021: 399.4 ratio2022: 423.9 ratio2023: 644.3 ratio2024: 1.5k ratio

Source: United Nations Statistics Division, SDG Global Database. Measured in ratio.

Analysis

The most recent figure for dec alternative conversion factor in Nigeria is 1,478 ratio, measured in 2024. That is the highest value across all 25 years on record.

That represents a change of up 129.4% on the previous year and up 841.5% over ten years.

Over the whole period, dec alternative conversion factor in Nigeria peaked at 1,478 ratio in 2024 and was at its lowest, 102.11 ratio, in 2000.

That places Nigeria 23rd out of 208 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 124.66 ratio 102.11 ratio 147.32 ratio 10
2010s 213.51 ratio 148.81 ratio 306.92 ratio 10
2020s 660.48 ratio 356.9 ratio 1,478 ratio 5

Countries ranked near Nigeria

  1. 20 Yemen 1,824 ratio compare
  2. 21 Malawi 1,738 ratio compare
  3. 22 Sudan 1,568 ratio compare
  4. 24 Republic of Korea 1,363 ratio compare
  5. 25 Rwanda 1,318 ratio compare
  6. 26 Iraq 1,300 ratio compare

See the full ranking of 214 places β†’

More development goals data for Nigeria

All data for Nigeria β†’

Frequently asked questions

What is dec alternative conversion factor in Nigeria?
Dec alternative conversion factor in Nigeria was 1,478 ratio in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest dec alternative conversion factor recorded in Nigeria?
The highest recorded value was 1,478 ratio in 2024.
What is the lowest dec alternative conversion factor recorded in Nigeria?
The lowest recorded value was 102.11 ratio in 2000.
How does Nigeria rank for dec alternative conversion factor?
Nigeria ranks 23rd out of 208 countries with data for 2024.
Is dec alternative conversion factor rising or falling in Nigeria?
Over the last ten years it is up 841.5%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of DEC alternative conversion factor (in local currency unit per United States dollar). Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).

Share, cite or embed this page

Cite this page

DEC alternative conversion factor in Nigeria. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 16 August 2026, from https://development-goals.statizoid.com/stat/dec-alternative-conversion-factor-in-local-currency-unit-per-united-states-dollar/nigeria/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under UN SDG Global Database (open, attribution requested); please keep the attribution.

<a href="https://development-goals.statizoid.com/stat/dec-alternative-conversion-factor-in-local-currency-unit-per-united-states-dollar/nigeria/">DEC alternative conversion factor in Nigeria</a> β€” Statizoid

About this data

Indicator
DEC alternative conversion factor (in local currency unit per United States dollar)
Unit
ratio
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
214 places, 5,313 data points, 2000–2024
Last refreshed