France vs Nigeria: Economic Indicators Comparison

France with a GDP of $2.8T ranked the 6th largest economy in the world, while Nigeria ranked 32nd with $397.3B. By GDP 5-years average growth and GDP per capita, France and Nigeria ranked 149th vs 132nd and 27th vs 149th, respectively.

Gross Domestic Product & Income

StatFranceNigeria
GDP$2.8T$397.3B
GDP growth, 1 year1.5%1.9%
GDP growth, 5-years average1.4%2%
Population66.6M190.9M
GDP per capita$41k$2k
GDP per capita growth1.54%-0.67%
Purchasing Power Parity conversion factor0.77110.03
Price level ratio of PPP conversion factor GDP to market exchange rate0.910.34
GDP per capita, PPP adjusted$46k$6k
GNI, Atlas method$2.8T$384.8B
GNI per capita$41k$2k
GNI, PPP adjusted$3.1T$1.1T
GNI per capita, PPP adjusted$46k$5.7k

Financial system and Human development

StatFranceNigeria
Income Tax Rate45%24%
Corporate Tax Rate31%30%
Inflation, consumer prices2.1%12.1%
Inflation, GDP deflator0.8%10.2%
Unemployment9.2%6%
Economic Freedom Index6657.2
Personal Freedom Index8.966.01
Human Freedom Index8.256.1
Property Rights Index85.938.1
Judical Effectiveness Index71.232.2
Business Freedom Index82.554.7
Fiscal Health Index67.164.1
Labor Freedom Index46.184
Investment Freedom Index7545
Financial Freedom Index7040
Trade Freedom Index81.462.4
Monetary Freedom Index76.761.7
Government Spending Index4.596.2
Tax Burden Index48.885.1
Government Integrity Index83.322.3
Corruption Perceptions Index7227
Life expectancy at birth, years82.554
Suicide mortality rate, per 100,000 people17.79.5
Mortality caused by road traffic injury, per 100,000 people5.521.4
Intentional homicides, per 100,000 people1.39.9
International tourism, number of arrivals89.3M5.3M

Government debt & reserves

StatFranceNigeria
Central government debt, % of GDP98.6%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 GNI9.3%1.4%
Gross savings, % of GDP22.9%19.3%
Gross capital formation, % of GDP23.5%19.8%
Total reserves including gold$166.5B$42.8B
Foreign direct investment net inflows$59.9B$2B

Exports, imports and economic structure

StatFranceNigeria
Exports of goods and services, % of GDP31.3%15.5%
Imports of goods and services, % of GDP32.1%17.5%
Current account balance (balance of payments)-$19B$5.3B
Revenue excluding grants, % of GDP44.7%N/A
Grants excluding technical cooperation, BoPN/A$2B
Personal remittances received$27B$24.3B
Industry including construction value added, % of GDP16.9%25.7%
Agriculture, forestry and fishing value added, % of GDP1.6%21.2%
Charges for the use of intellectual property, payments BoP$15.9B$252.8M
Charges for the use of intellectual property, receipts BoP$16.8B$7.8M
Expense, % of GDP47.5%N/A
Government Expenditure, % of GDP56.4%11.2%

Compare with countries close by GDP per capita

France vs

CountryGDP
per capita
Population
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M

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