Kazakhstan vs Nigeria: Economic Indicators Comparison

Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while Kazakhstan ranked 55th with $179.3B. By GDP 5-years average growth and GDP per capita, Nigeria and Kazakhstan ranked 132nd vs 95th and 149th vs 75th, respectively.

Gross Domestic Product & Income

StatKazakhstanNigeria
GDP$179.3B$397.3B
GDP growth, 1 year4.1%1.9%
GDP growth, 5-years average2.9%2%
Population18.3M190.9M
GDP per capita$9.8k$2k
GDP per capita growth2.74%-0.67%
Purchasing Power Parity conversion factor121.32110.03
Price level ratio of PPP conversion factor GDP to market exchange rate0.350.34
GDP per capita, PPP adjusted$28k$6k
GNI, Atlas method$147.6B$384.8B
GNI per capita$8.1k$2k
GNI, PPP adjusted$446.9B$1.1T
GNI per capita, PPP adjusted$24k$5.7k

Financial system and Human development

StatKazakhstanNigeria
Income Tax Rate10%24%
Corporate Tax Rate20%30%
Inflation, consumer prices6%12.1%
Inflation, GDP deflator9.2%10.2%
Unemployment4.9%6%
Economic Freedom Index69.657.2
Personal Freedom Index6.876.01
Human Freedom Index6.916.1
Property Rights Index61.338.1
Judical Effectiveness Index62.132.2
Business Freedom Index74.654.7
Fiscal Health Index84.164.1
Labor Freedom Index8684
Investment Freedom Index5045
Financial Freedom Index5040
Trade Freedom Index80.262.4
Monetary Freedom Index68.161.7
Government Spending Index85.596.2
Tax Burden Index92.385.1
Government Integrity Index40.922.3
Corruption Perceptions Index3127
Life expectancy at birth, years7354
Suicide mortality rate, per 100,000 people22.59.5
Mortality caused by road traffic injury, per 100,000 people17.621.4
Intentional homicides, per 100,000 people59.9
International tourism, number of arrivals8.8M5.3M

Government debt & reserves

StatKazakhstanNigeria
Central government debt, % of GDP21.9%28.4%
External debt stocks, % of GNI105.7%12.4%
External debt stocks$156.9B$47B
Short-term debt, % of total reserves27%0%
Total debt service, % of exports and primary income48.3%8.3%
Adjusted net savings including particulate emission damage, % of GNI5.8%1.4%
Gross savings, % of GDP30.2%19.3%
Gross capital formation, % of GDP23.8%19.8%
Total reserves including gold$31B$42.8B
Foreign direct investment net inflows$213.8M$2B

Exports, imports and economic structure

StatKazakhstanNigeria
Exports of goods and services, % of GDP37.5%15.5%
Imports of goods and services, % of GDP25.3%17.5%
Current account balance (balance of payments)-$288.9M$5.3B
Revenue excluding grants, % of GDP16%N/A
Grants excluding technical cooperation, BoP$90.9M$2B
Personal remittances received$618M$24.3B
Industry including construction value added, % of GDP33.5%25.7%
Agriculture, forestry and fishing value added, % of GDP4.4%21.2%
Charges for the use of intellectual property, payments BoP$167.7M$252.8M
Charges for the use of intellectual property, receipts BoP$912k$7.8M
Expense, % of GDP14.7%N/A
Government Expenditure, % of GDP22%11.2%

Compare with countries close by GDP per capita

Kazakhstan vs

CountryGDP
per capita
Population
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
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
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M

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