Croatia vs Nigeria: Economic Indicators Comparison

Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while Croatia ranked 76th with $61B. By GDP 5-years average growth and GDP per capita, Nigeria and Croatia ranked 132nd vs 118th and 149th vs 63rd, respectively.

Gross Domestic Product & Income

StatCroatiaNigeria
GDP$61B$397.3B
GDP growth, 1 year2.7%1.9%
GDP growth, 5-years average2.3%2%
Population4.1M190.9M
GDP per capita$15k$2k
GDP per capita growth3.51%-0.67%
Purchasing Power Parity conversion factor3.39110.03
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.34
GDP per capita, PPP adjusted$26k$6k
GNI, Atlas method$57.2B$384.8B
GNI per capita$14k$2k
GNI, PPP adjusted$111.1B$1.1T
GNI per capita, PPP adjusted$27k$5.7k

Financial system and Human development

StatCroatiaNigeria
Income Tax Rate40%24%
Corporate Tax Rate18%30%
Inflation, consumer prices1.5%12.1%
Inflation, GDP deflator1.8%10.2%
Unemployment8.9%6%
Economic Freedom Index62.257.2
Personal Freedom Index8.086.01
Human Freedom Index7.466.1
Property Rights Index69.938.1
Judical Effectiveness Index39.632.2
Business Freedom Index53.654.7
Fiscal Health Index89.164.1
Labor Freedom Index4484
Investment Freedom Index7545
Financial Freedom Index6040
Trade Freedom Index86.462.4
Monetary Freedom Index77.661.7
Government Spending Index34.796.2
Tax Burden Index65.985.1
Government Integrity Index5122.3
Corruption Perceptions Index4827
Life expectancy at birth, years77.854
Suicide mortality rate, per 100,000 people16.59.5
Mortality caused by road traffic injury, per 100,000 people8.121.4
Intentional homicides, per 100,000 people1.19.9
International tourism, number of arrivals16.6M5.3M

Government debt & reserves

StatCroatiaNigeria
Central government debt, % of GDP73.9%28.4%
External debt stocks, % of GNIN/A12.4%
External debt stocksN/A$47B
Short-term debt, % of total reservesN/A0%
Total debt service, % of exports and primary incomeN/A8.3%
Adjusted net savings including particulate emission damage, % of GNI10.8%1.4%
Gross savings, % of GDP24.2%19.3%
Gross capital formation, % of GDP23.1%19.8%
Total reserves including gold$20B$42.8B
Foreign direct investment net inflows$1.3B$2B

Exports, imports and economic structure

StatCroatiaNigeria
Exports of goods and services, % of GDP50.5%15.5%
Imports of goods and services, % of GDP51.4%17.5%
Current account balance (balance of payments)$1.5B$5.3B
Revenue excluding grants, % of GDP39.7%N/A
Grants excluding technical cooperation, BoP$260k$2B
Personal remittances received$2.9B$24.3B
Industry including construction value added, % of GDP20.4%25.7%
Agriculture, forestry and fishing value added, % of GDP2.9%21.2%
Charges for the use of intellectual property, payments BoP$309.7M$252.8M
Charges for the use of intellectual property, receipts BoP$63.2M$7.8M
Expense, % of GDP38.5%N/A
Government Expenditure, % of GDP46.6%11.2%

Compare with countries close by GDP per capita

Croatia vs

CountryGDP
per capita
Population
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M

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