Nigeria World Economy Ranking: 61 stats

Economic indicators provided by The World Bank. Freedom indexes by The Heritage and Cato Institute. Human development data from the United Nations Office of Drugs and Crime.

Gross Domestic Product & Income

Stat	Nigeria	Rank
GDP	$397.3B	32
GDP growth, 1 year	1.9%	144
GDP growth, 5-years average	2%	132
Population	190.9M	7
GDP per capita	$2k	149
GDP per capita growth	-0.67%	168
Purchasing Power Parity conversion factor	110.03	48
Price level ratio of PPP conversion factor GDP to market exchange rate	0.34	158
GDP per capita, PPP adjusted	$6k	139
GNI, Atlas method	$384.8B	32
GNI per capita	$2k	143
GNI, PPP adjusted	$1.1T	25
GNI per capita, PPP adjusted	$5.7k	135

Financial system and Human development

Stat	Nigeria	Rank
Income Tax Rate	24%	55
Corporate Tax Rate	30%	121
Inflation, consumer prices	12.1%	173
Inflation, GDP deflator	10.2%	163
Unemployment	6%	105
Economic Freedom Index	57.2	126
Personal Freedom Index	6.01	149
Human Freedom Index	6.1	151
Property Rights Index	38.1	155
Judical Effectiveness Index	32.2	131
Business Freedom Index	54.7	134
Fiscal Health Index	64.1	119
Labor Freedom Index	84	9
Investment Freedom Index	45	139
Financial Freedom Index	40	126
Trade Freedom Index	62.4	150
Monetary Freedom Index	61.7	167
Government Spending Index	96.2	2
Tax Burden Index	85.1	50
Government Integrity Index	22.3	159
Corruption Perceptions Index	27	164
Life expectancy at birth, years	54	193
Suicide mortality rate, per 100,000 people	9.5	124
Mortality caused by road traffic injury, per 100,000 people	21.4	133
Intentional homicides, per 100,000 people	9.9	159
International tourism, number of arrivals	5.3M	57

Government debt & reserves

Stat	Nigeria	Rank
Central government debt, % of GDP	28.4%	160
External debt stocks, % of GNI	12.4%	114
External debt stocks	$47B	26
Short-term debt, % of total reserves	0%	109
Total debt service, % of exports and primary income	8.3%	80
Adjusted net savings including particulate emission damage, % of GNI	1.4%	118
Gross savings, % of GDP	19.3%	103
Gross capital formation, % of GDP	19.8%	127
Total reserves including gold	$42.8B	40
Foreign direct investment net inflows	$2B	61

Exports, imports and economic structure

Stat	Nigeria	Rank
Exports of goods and services, % of GDP	15.5%	168
Imports of goods and services, % of GDP	17.5%	177
Current account balance (balance of payments)	$5.3B	28
Revenue excluding grants, % of GDP	N/A	-
Grants excluding technical cooperation, BoP	$2B	8
Personal remittances received	$24.3B	6
Industry including construction value added, % of GDP	25.7%	88
Agriculture, forestry and fishing value added, % of GDP	21.2%	33
Charges for the use of intellectual property, payments BoP	$252.8M	54
Charges for the use of intellectual property, receipts BoP	$7.8M	79
Expense, % of GDP	N/A	-
Government Expenditure, % of GDP	11.2%	177