Bhutan vs Nigeria: Economic Indicators Comparison

Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while Bhutan ranked 172nd with $2.4B. By GDP 5-years average growth and GDP per capita, Nigeria and Bhutan ranked 132nd vs 23rd and 149th vs 129th, respectively.

Gross Domestic Product & Income

StatBhutanNigeria
GDP$2.4B$397.3B
GDP growth, 1 year5.8%1.9%
GDP growth, 5-years average6.1%2%
Population808k190.9M
GDP per capita$3.2k$2k
GDP per capita growth1.82%-0.67%
Purchasing Power Parity conversion factor21.81110.03
Price level ratio of PPP conversion factor GDP to market exchange rate0.320.34
GDP per capita, PPP adjusted$9.5k$6k
GNI, Atlas method$2.2B$384.8B
GNI per capita$3k$2k
GNI, PPP adjusted$7B$1.1T
GNI per capita, PPP adjusted$9.3k$5.7k

Financial system and Human development

StatBhutanNigeria
Income Tax Rate25%24%
Corporate Tax Rate30%30%
Inflation, consumer prices3.6%12.1%
Inflation, GDP deflator1.8%10.2%
Unemployment2.2%6%
Economic Freedom Index62.157.2
Personal Freedom Index6.96.01
Human Freedom Index6.856.1
Property Rights Index69.938.1
Judical Effectiveness Index46.432.2
Business Freedom Index68.254.7
Fiscal Health Index74.864.1
Labor Freedom Index79.484
Investment Freedom Index2045
Financial Freedom Index3040
Trade Freedom Index79.462.4
Monetary Freedom Index71.661.7
Government Spending Index71.196.2
Tax Burden Index82.985.1
Government Integrity Index51.222.3
Corruption Perceptions Index6827
Life expectancy at birth, years71.154
Suicide mortality rate, per 100,000 people11.49.5
Mortality caused by road traffic injury, per 100,000 people17.421.4
Intentional homicides, per 100,000 people1.69.9
International tourism, number of arrivals274k5.3M

Government debt & reserves

StatBhutanNigeria
Central government debt, % of GDP102.6%28.4%
External debt stocks, % of GNI109.2%12.4%
External debt stocks$2.5B$47B
Short-term debt, % of total reserves0.4%0%
Total debt service, % of exports and primary income10.7%8.3%
Adjusted net savings including particulate emission damage, % of GNI23.3%1.4%
Gross savings, % of GDP21.6%19.3%
Gross capital formation, % of GDP47.5%19.8%
Total reserves including gold$987.2M$42.8B
Foreign direct investment net inflows$2.6M$2B

Exports, imports and economic structure

StatBhutanNigeria
Exports of goods and services, % of GDP30.8%15.5%
Imports of goods and services, % of GDP55.9%17.5%
Current account balance (balance of payments)-$497.6M$5.3B
Revenue excluding grants, % of GDP18.5%N/A
Grants excluding technical cooperation, BoP$49.2M$2B
Personal remittances received$58.1M$24.3B
Industry including construction value added, % of GDP38.3%25.7%
Agriculture, forestry and fishing value added, % of GDP15.9%21.2%
Charges for the use of intellectual property, payments BoP$304k$252.8M
Charges for the use of intellectual property, receipts BoP$11k$7.8M
Expense, % of GDP18.5%N/A
Government Expenditure, % of GDP31.1%11.2%

Compare with countries close by GDP per capita

Bhutan vs

CountryGDP
per capita
Population
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M

Nigeria vs

CountryGDP
per capita
Population
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M