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The Netherlands vs Nigeria: Economic Indicators Comparison

The Netherlands with a GDP of $913.7B ranked the 17th largest economy in the world, while Nigeria ranked 32nd with $397.3B. By GDP 5-years average growth and GDP per capita, the Netherlands and Nigeria ranked 121st vs 132nd and 15th vs 149th, respectively.

Gross Domestic Product & Income

StatNetherlandsNigeria
GDP$913.7B$397.3B
GDP growth, 1 year2.5%1.9%
GDP growth, 5-years average2.2%2%
Population17.2M190.9M
GDP per capita$53k$2k
GDP per capita growth2%-0.67%
Purchasing Power Parity conversion factor0.8110.03
Price level ratio of PPP conversion factor GDP to market exchange rate0.940.34
GDP per capita, PPP adjusted$56k$6k
GNI, Atlas method$883.2B$384.8B
GNI per capita$51k$2k
GNI, PPP adjusted$980.2B$1.1T
GNI per capita, PPP adjusted$57k$5.7k

Financial system and Human development

StatNetherlandsNigeria
Income Tax Rate52%24%
Corporate Tax Rate25%30%
Inflation, consumer prices1.6%12.1%
Inflation, GDP deflator2.2%10.2%
Unemployment3.9%6%
Economic Freedom Index7757.2
Personal Freedom Index9.236.01
Human Freedom Index8.496.1
Property Rights Index9038.1
Judical Effectiveness Index73.932.2
Business Freedom Index80.454.7
Fiscal Health Index94.164.1
Labor Freedom Index60.284
Investment Freedom Index9045
Financial Freedom Index8040
Trade Freedom Index86.462.4
Monetary Freedom Index82.561.7
Government Spending Index45.296.2
Tax Burden Index51.785.1
Government Integrity Index90.122.3
Corruption Perceptions Index8227
Life expectancy at birth, years81.654
Suicide mortality rate, per 100,000 people12.69.5
Mortality caused by road traffic injury, per 100,000 people3.821.4
Intentional homicides, per 100,000 people0.89.9
International tourism, number of arrivals18.8M5.3M

Government debt & reserves

StatNetherlandsNigeria
Central government debt, % of GDP54.4%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 GNI18.4%1.4%
Gross savings, % of GDP31.9%19.3%
Gross capital formation, % of GDP20.7%19.8%
Total reserves including gold$38.4B$42.8B
Foreign direct investment net inflows-$239.3B$2B

Exports, imports and economic structure

StatNetherlandsNigeria
Exports of goods and services, % of GDP84.3%15.5%
Imports of goods and services, % of GDP73.3%17.5%
Current account balance (balance of payments)$99.1B$5.3B
Revenue excluding grants, % of GDP39.1%N/A
Grants excluding technical cooperation, BoPN/A$2B
Personal remittances received$2.5B$24.3B
Industry including construction value added, % of GDP17.9%25.7%
Agriculture, forestry and fishing value added, % of GDP1.6%21.2%
Charges for the use of intellectual property, payments BoP$41.9B$252.8M
Charges for the use of intellectual property, receipts BoP$35B$7.8M
Expense, % of GDP37.8%N/A
Government Expenditure, % of GDP42.7%11.2%

Compare with countries close by GDP per capita

Netherlands vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k

Nigeria vs

CountryGDP
per capita
Population
Philippines
$3.1k
101M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
850k
Papua New Guinea
$2.7k
7.32M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.77M
Honduras
$2.5k
8.1M
Ghana
$2.2k
28.3M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
14.1M
Solomon Islands
$2.1k
561k
East Timor
$2k
1.18M
Syria
$2k
19.8M
Nicaragua
$2k
6.22M
India
$2k
1.35B
Sao Tome and Principe
$2k
193k
Ivory Coast
$1.7k
20.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
24.9M
Bangladesh
$1.7k
157M
Kiribati
$1.6k
102k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
14.1M
Cambodia
$1.5k
15.1M
Pakistan
$1.5k
197M
Comoros
$1.4k
735k
Myanmar
$1.3k
53.3M