Egypt vs Nigeria: Economic Indicators Comparison

Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while Egypt ranked 45th with $250.9B. By GDP 5-years average growth and GDP per capita, Nigeria and Egypt ranked 132nd vs 49th and 149th vs 139th, respectively.

Gross Domestic Product & Income

StatEgyptNigeria
GDP$250.9B$397.3B
GDP growth, 1 year5.3%1.9%
GDP growth, 5-years average4.2%2%
Population94.8M190.9M
GDP per capita$2.5k$2k
GDP per capita growth3.19%-0.67%
Purchasing Power Parity conversion factor3.63110.03
Price level ratio of PPP conversion factor GDP to market exchange rate0.210.34
GDP per capita, PPP adjusted$13k$6k
GNI, Atlas method$275.4B$384.8B
GNI per capita$2.8k$2k
GNI, PPP adjusted$1.2T$1.1T
GNI per capita, PPP adjusted$12k$5.7k

Financial system and Human development

StatEgyptNigeria
Income Tax Rate25%24%
Corporate Tax Rate23%30%
Inflation, consumer prices20.9%12.1%
Inflation, GDP deflator21.4%10.2%
Unemployment11.4%6%
Economic Freedom Index5457.2
Personal Freedom Index5.276.01
Human Freedom Index5.826.1
Property Rights Index48.538.1
Judical Effectiveness Index51.232.2
Business Freedom Index6254.7
Fiscal Health Index2.864.1
Labor Freedom Index51.584
Investment Freedom Index6045
Financial Freedom Index5040
Trade Freedom Index70.262.4
Monetary Freedom Index61.361.7
Government Spending Index69.996.2
Tax Burden Index86.185.1
Government Integrity Index3422.3
Corruption Perceptions Index3527
Life expectancy at birth, years71.754
Suicide mortality rate, per 100,000 people49.5
Mortality caused by road traffic injury, per 100,000 people9.721.4
Intentional homicides, per 100,000 people2.59.9
International tourism, number of arrivals11.2M5.3M

Government debt & reserves

StatEgyptNigeria
Central government debt, % of GDP92.6%28.4%
External debt stocks, % of GNI40.4%12.4%
External debt stocks$98.7B$47B
Short-term debt, % of total reserves24.7%0%
Total debt service, % of exports and primary income15%8.3%
Adjusted net savings including particulate emission damage, % of GNI1.2%1.4%
Gross savings, % of GDP13.9%19.3%
Gross capital formation, % of GDP16.7%19.8%
Total reserves including gold$41.8B$42.8B
Foreign direct investment net inflows$6.8B$2B

Exports, imports and economic structure

StatEgyptNigeria
Exports of goods and services, % of GDP18.9%15.5%
Imports of goods and services, % of GDP29.4%17.5%
Current account balance (balance of payments)-$6.3B$5.3B
Revenue excluding grants, % of GDP21%N/A
Grants excluding technical cooperation, BoP$345.4M$2B
Personal remittances received$25.5B$24.3B
Industry including construction value added, % of GDP35.1%25.7%
Agriculture, forestry and fishing value added, % of GDP11.2%21.2%
Charges for the use of intellectual property, payments BoP$298M$252.8M
Charges for the use of intellectual property, receipts BoP$122M$7.8M
Expense, % of GDP30.2%N/A
Government Expenditure, % of GDP31.7%11.2%

Compare with countries close by GDP per capita

Egypt vs

CountryGDP
per capita
Population
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
Bhutan
$3.2k
808k
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
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

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
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
Lesotho
$1.3k
2.23M