Getting electricity: Price of electricity (US cents per kWh) in Nigeria
Nigeria: Getting electricity: Price of electricity (US cents per kWh) was 11.9 DB16-20 methodology in 2019. ▼ Falling
Getting electricity: Price of electricity (US cents per kWh) in Nigeria, 2014–2019
Source: World Bank. Measured in DB16-20 methodology.
Analysis
In 2019, getting electricity: price of electricity (us cents per kwh) in Nigeria stood at 11.9 DB16-20 methodology. That is the lowest value across all 6 years on record.
That represents a change of down 12.5% on the previous year and down 24.7% over ten years.
Nigeria ranks 126th of 187 countries on this measure, in the middle of the range.
Getting electricity: Price of electricity (US cents per kWh) in Nigeria, year by year
| Year | DB16-20 methodology | Change |
|---|---|---|
| 2014 | 15.8 DB16-20 methodology | — |
| 2015 | 25.9 DB16-20 methodology | +63.9% |
| 2016 | 20.1 DB16-20 methodology | -22.4% |
| 2017 | 16.8 DB16-20 methodology | -16.4% |
| 2018 | 13.6 DB16-20 methodology | -19.0% |
| 2019 | 11.9 DB16-20 methodology | -12.5% |
Countries ranked near Nigeria
More private sector data for Nigeria
- Merchandise trade 33.3% (2025)
- Food imports 11.0% (2024)
- Manufactures imports 46.0% (2024)
- Merchandise imports 41.45 billion current US$ (2025)
- Food exports 6.0% (2024)
- Manufactures exports 3.5% (2024)
- Merchandise exports 55.47 billion current US$ (2025)
- Merchandise exports (current US$), per capita 233.52 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1907 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 4.03 % change on previous year (2025)
Frequently asked questions
- What is getting electricity: price of electricity (us cents per kwh) in Nigeria?
- Getting electricity: price of electricity (us cents per kwh) in Nigeria was 11.9 DB16-20 methodology in 2019, according to the World Bank.
- What is the highest getting electricity: price of electricity (us cents per kwh) recorded in Nigeria?
- The highest recorded value was 25.9 DB16-20 methodology in 2015.
- What is the lowest getting electricity: price of electricity (us cents per kwh) recorded in Nigeria?
- The lowest recorded value was 11.9 DB16-20 methodology in 2019.
- How does Nigeria rank for getting electricity: price of electricity (us cents per kwh)?
- Nigeria ranks 126th out of 187 countries with data for 2019.
- Is getting electricity: price of electricity (us cents per kwh) rising or falling in Nigeria?
- Over the last ten years it is down 24.7%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from the World Bank, published as part of Getting electricity: Price of electricity (US cents per kWh) (DB16-20 methodology). Statizoid updates them automatically from the source API.
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About this data
The price of electricity is measured in U.S. cents per kWh. A monthly electricity consumption is assumed, for which a bill is then computed for a warehouse based in the largest business city of the economy for the month of March. The bill is then expressed back as a unit of kWh. The index is computed based on the methodology in the DB16-20 studies.