Greece vs Nigeria: Economic Indicators Comparison
Gross Domestic Product & Income
Stat | Greece | Nigeria |
---|---|---|
GDP | $218B | $397.3B |
GDP growth, 1 year | 2.1% | 1.9% |
GDP growth, 5-years average | 0.7% | 2% |
Population | 10.8M | 190.9M |
GDP per capita | $20k | $2k |
GDP per capita growth | 2.19% | -0.67% |
Purchasing Power Parity conversion factor | 0.58 | 110.03 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.69 | 0.34 |
GDP per capita, PPP adjusted | $29k | $6k |
GNI, Atlas method | $212B | $384.8B |
GNI per capita | $20k | $2k |
GNI, PPP adjusted | $318.3B | $1.1T |
GNI per capita, PPP adjusted | $30k | $5.7k |
Financial system and Human development
Stat | Greece | Nigeria |
---|---|---|
Income Tax Rate | 42% | 24% |
Corporate Tax Rate | 28% | 30% |
Inflation, consumer prices | 0.8% | 12.1% |
Inflation, GDP deflator | 0.5% | 10.2% |
Unemployment | 19.2% | 6% |
Economic Freedom Index | 59.9 | 57.2 |
Personal Freedom Index | 8.52 | 6.01 |
Human Freedom Index | 7.77 | 6.1 |
Property Rights Index | 57 | 38.1 |
Judical Effectiveness Index | 48.6 | 32.2 |
Business Freedom Index | 73.7 | 54.7 |
Fiscal Health Index | 80 | 64.1 |
Labor Freedom Index | 52 | 84 |
Investment Freedom Index | 55 | 45 |
Financial Freedom Index | 50 | 40 |
Trade Freedom Index | 81.4 | 62.4 |
Monetary Freedom Index | 79.4 | 61.7 |
Government Spending Index | 31.5 | 96.2 |
Tax Burden Index | 59 | 85.1 |
Government Integrity Index | 51.2 | 22.3 |
Corruption Perceptions Index | 45 | 27 |
Life expectancy at birth, years | 81.4 | 54 |
Suicide mortality rate, per 100,000 people | 5 | 9.5 |
Mortality caused by road traffic injury, per 100,000 people | 9.2 | 21.4 |
Intentional homicides, per 100,000 people | 0.7 | 9.9 |
International tourism, number of arrivals | 30.1M | 5.3M |
Government debt & reserves
Stat | Greece | Nigeria |
---|---|---|
Central government debt, % of GDP | 183.3% | 28.4% |
External debt stocks, % of GNI | N/A | 12.4% |
External debt stocks | N/A | $47B |
Short-term debt, % of total reserves | N/A | 0% |
Total debt service, % of exports and primary income | N/A | 8.3% |
Adjusted net savings including particulate emission damage, % of GNI | -3.1% | 1.4% |
Gross savings, % of GDP | 12.9% | 19.3% |
Gross capital formation, % of GDP | 13.1% | 19.8% |
Total reserves including gold | $7.6B | $42.8B |
Foreign direct investment net inflows | $4B | $2B |
Exports, imports and economic structure
Stat | Greece | Nigeria |
---|---|---|
Exports of goods and services, % of GDP | 36.1% | 15.5% |
Imports of goods and services, % of GDP | 36.4% | 17.5% |
Current account balance (balance of payments) | -$6.2B | $5.3B |
Revenue excluding grants, % of GDP | 46% | N/A |
Grants excluding technical cooperation, BoP | N/A | $2B |
Personal remittances received | $489.7M | $24.3B |
Industry including construction value added, % of GDP | 15.3% | 25.7% |
Agriculture, forestry and fishing value added, % of GDP | 3.7% | 21.2% |
Charges for the use of intellectual property, payments BoP | $383M | $252.8M |
Charges for the use of intellectual property, receipts BoP | $95.8M | $7.8M |
Expense, % of GDP | 46.6% | N/A |
Government Expenditure, % of GDP | 47.8% | 11.2% |