Nigeria vs Saint Kitts and Nevis: Economic Indicators Comparison

Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Nigeria and Saint Kitts and Nevis ranked 149th vs 48th, respectively.

Gross Domestic Product & Income

StatNigeriaSaint Kitts and Nevis
GDP$397.3B$1B
GDP growth, 1 year1.9%2.92%
GDP growth, 5-years average2%N/A
Population190.9M55k
GDP per capita$2k$19k
GDP per capita growth-0.67%2.15%
Purchasing Power Parity conversion factor110.031.72
Price level ratio of PPP conversion factor GDP to market exchange rate0.340.64
GDP per capita, PPP adjusted$6k$30k
GNI, Atlas method$384.8B$961.5M
GNI per capita$2k$18k
GNI, PPP adjusted$1.1T$1.5B
GNI per capita, PPP adjusted$5.7k$29k

Financial system and Human development

StatNigeriaSaint Kitts and Nevis
Income Tax Rate24%N/A
Corporate Tax Rate30%N/A
Inflation, consumer prices12.1%-1%
Inflation, GDP deflator10.2%-1.5%
Unemployment6%5.1%
Economic Freedom Index57.262
Personal Freedom Index6.016.2
Human Freedom Index6.16.2
Property Rights Index38.1N/A
Judical Effectiveness Index32.2N/A
Business Freedom Index54.7N/A
Fiscal Health Index64.1N/A
Labor Freedom Index84N/A
Investment Freedom Index45N/A
Financial Freedom Index40N/A
Trade Freedom Index62.4N/A
Monetary Freedom Index61.7N/A
Government Spending Index96.2N/A
Tax Burden Index85.1N/A
Government Integrity Index22.3N/A
Corruption Perceptions Index2760
Life expectancy at birth, years5471.3
Suicide mortality rate, per 100,000 people9.51
Mortality caused by road traffic injury, per 100,000 people21.42
Intentional homicides, per 100,000 people9.934.2
International tourism, number of arrivals5.3M125k

Government debt & reserves

StatNigeriaSaint Kitts and Nevis
Central government debt, % of GDP28.4%59.9%
External debt stocks, % of GNI12.4%N/A
External debt stocks$47BN/A
Short-term debt, % of total reserves0%N/A
Total debt service, % of exports and primary income8.3%N/A
Adjusted net savings including particulate emission damage, % of GNI1.4%N/A
Gross savings, % of GDP19.3%N/A
Gross capital formation, % of GDP19.8%N/A
Total reserves including gold$42.8B$363.2M
Foreign direct investment net inflows$2B$93.6M

Exports, imports and economic structure

StatNigeriaSaint Kitts and Nevis
Exports of goods and services, % of GDP15.5%59.9%
Imports of goods and services, % of GDP17.5%58.8%
Current account balance (balance of payments)$5.3B-$72.4M
Revenue excluding grants, % of GDPN/A27.9%
Grants excluding technical cooperation, BoP$2B$15.6M
Personal remittances received$24.3B$25.9M
Industry including construction value added, % of GDP25.7%25.7%
Agriculture, forestry and fishing value added, % of GDP21.2%1.2%
Charges for the use of intellectual property, payments BoP$252.8M$1.8M
Charges for the use of intellectual property, receipts BoP$7.8M$100k
Expense, % of GDPN/A24.3%
Government Expenditure, % of GDP11.2%N/A

Compare with countries close by GDP per capita

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

Saint Kitts and Nevis vs

CountryGDP
per capita
Population
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
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M