The DR Congo vs Nigeria: Economic Indicators Comparison
Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while the DR Congo ranked 87th with $47.2B. By GDP 5-years average growth and GDP per capita, Nigeria and the DR Congo ranked 132nd vs 30th and 149th vs 188th, respectively.
Gross Domestic Product & Income
Stat | DR Congo | Nigeria |
---|---|---|
GDP | $47.2B | $397.3B |
GDP growth, 1 year | 3.9% | 1.9% |
GDP growth, 5-years average | 5.2% | 2% |
Population | 86.8M | 190.9M |
GDP per capita | $562 | $2k |
GDP per capita growth | 2.4% | -0.67% |
Purchasing Power Parity conversion factor | 977.82 | 110.03 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.6 | 0.34 |
GDP per capita, PPP adjusted | $767 | $6k |
GNI, Atlas method | $41.5B | $384.8B |
GNI per capita | $490 | $2k |
GNI, PPP adjusted | $75.6B | $1.1T |
GNI per capita, PPP adjusted | $900 | $5.7k |
Financial system and Human development
Stat | DR Congo | Nigeria |
---|---|---|
Income Tax Rate | 30% | 24% |
Corporate Tax Rate | 40% | 30% |
Inflation, consumer prices | 29.3% | 12.1% |
Inflation, GDP deflator | 30.1% | 10.2% |
Unemployment | 4.2% | 6% |
Economic Freedom Index | 49.5 | 57.2 |
Personal Freedom Index | 5.46 | 6.01 |
Human Freedom Index | 5.27 | 6.1 |
Property Rights Index | 30.1 | 38.1 |
Judical Effectiveness Index | 26.5 | 32.2 |
Business Freedom Index | 51.2 | 54.7 |
Fiscal Health Index | 98 | 64.1 |
Labor Freedom Index | 41.6 | 84 |
Investment Freedom Index | 30 | 45 |
Financial Freedom Index | 20 | 40 |
Trade Freedom Index | 64.6 | 62.4 |
Monetary Freedom Index | 49.6 | 61.7 |
Government Spending Index | 95.4 | 96.2 |
Tax Burden Index | 74.4 | 85.1 |
Government Integrity Index | 13.1 | 22.3 |
Corruption Perceptions Index | 20 | 27 |
Life expectancy at birth, years | 60 | 54 |
Suicide mortality rate, per 100,000 people | 5.7 | 9.5 |
Mortality caused by road traffic injury, per 100,000 people | 33.7 | 21.4 |
Intentional homicides, per 100,000 people | 13.6 | 9.9 |
International tourism, number of arrivals | 351k | 5.3M |
Government debt & reserves
Stat | DR Congo | Nigeria |
---|---|---|
Central government debt, % of GDP | 15.7% | 28.4% |
External debt stocks, % of GNI | 10.9% | 12.4% |
External debt stocks | $5B | $47B |
Short-term debt, % of total reserves | 14.6% | 0% |
Total debt service, % of exports and primary income | 2.4% | 8.3% |
Adjusted net savings including particulate emission damage, % of GNI | -4.4% | 1.4% |
Gross savings, % of GDP | 21.1% | 19.3% |
Gross capital formation, % of GDP | 25.8% | 19.8% |
Total reserves including gold | $665.3M | $42.8B |
Foreign direct investment net inflows | $1.3B | $2B |
Exports, imports and economic structure
Stat | DR Congo | Nigeria |
---|---|---|
Exports of goods and services, % of GDP | 33.6% | 15.5% |
Imports of goods and services, % of GDP | 37.3% | 17.5% |
Current account balance (balance of payments) | -$2.2B | $5.3B |
Revenue excluding grants, % of GDP | 11.4% | N/A |
Grants excluding technical cooperation, BoP | $2.2B | $2B |
Personal remittances received | $1.8B | $24.3B |
Industry including construction value added, % of GDP | 44.1% | 25.7% |
Agriculture, forestry and fishing value added, % of GDP | 19.1% | 21.2% |
Charges for the use of intellectual property, payments BoP | $10.7M | $252.8M |
Charges for the use of intellectual property, receipts BoP | $108.5M | $7.8M |
Expense, % of GDP | 11.5% | N/A |
Government Expenditure, % of GDP | 12.4% | 11.2% |