Youth dependency ratio reached 79.5 % in 2020 in Nigeria, according to the National Statistical Office. This is 2.49 % less than in the previous year.
Historically, youth dependency ratio in Nigeria reached an all time high of 87.2 % in 1987 and an all time low of 74.9 % in 1960. When compared to Nigeria's main peers, youth dependency ratio in Benin amounted to 68.2 %, 70.5 % in Cameroon, 87.8 % in Chad and 103 % in Niger in 2020.
Nigeria has been ranked 11th within the group of 175 countries we follow in terms of youth dependency ratio, 9 places above the position seen 10 years ago.
The youth-to-age dependency ratio is the ratio of younger dependents (people younger than 15) to the working-age population (those aged 15-64).