Nigeria vs San Marino: Economic Indicators Comparison

Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while San Marino ranked 177th with $1.6B. By GDP per capita, Nigeria and San Marino ranked 149th vs 18th, respectively.

Gross Domestic Product & Income

Stat	Nigeria	San Marino
GDP	$397.3B	$1.6B
GDP growth, 1 year	1.9%	1.5%
GDP growth, 5-years average	2%	N/A
Population	190.9M	33k
GDP per capita	$2k	$48k
GDP per capita growth	-0.67%	1%
Purchasing Power Parity conversion factor	110.03	0.68
Price level ratio of PPP conversion factor GDP to market exchange rate	0.34	0.77
GDP per capita, PPP adjusted	$6k	$63k
GNI, Atlas method	$384.8B	N/A
GNI per capita	$2k	N/A
GNI, PPP adjusted	$1.1T	N/A
GNI per capita, PPP adjusted	$5.7k	N/A

Financial system and Human development

Stat	Nigeria	San Marino
Income Tax Rate	24%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	12.1%	1%
Inflation, GDP deflator	10.2%	0.9%
Unemployment	6%	6.4%
Economic Freedom Index	57.2	76
Personal Freedom Index	6.01	8.1
Human Freedom Index	6.1	8.2
Property Rights Index	38.1	N/A
Judical Effectiveness Index	32.2	N/A
Business Freedom Index	54.7	N/A
Fiscal Health Index	64.1	N/A
Labor Freedom Index	84	N/A
Investment Freedom Index	45	N/A
Financial Freedom Index	40	N/A
Trade Freedom Index	62.4	N/A
Monetary Freedom Index	61.7	N/A
Government Spending Index	96.2	N/A
Tax Burden Index	85.1	N/A
Government Integrity Index	22.3	N/A
Corruption Perceptions Index	27	80
Life expectancy at birth, years	54	85.4
Suicide mortality rate, per 100,000 people	9.5	0.5
Mortality caused by road traffic injury, per 100,000 people	21.4	0
Intentional homicides, per 100,000 people	9.9	0
International tourism, number of arrivals	5.3M	84k

Government debt & reserves

Stat	Nigeria	San Marino
Central government debt, % of GDP	28.4%	53.8%
External debt stocks, % of GNI	12.4%	N/A
External debt stocks	$47B	N/A
Short-term debt, % of total reserves	0%	N/A
Total debt service, % of exports and primary income	8.3%	N/A
Adjusted net savings including particulate emission damage, % of GNI	1.4%	N/A
Gross savings, % of GDP	19.3%	N/A
Gross capital formation, % of GDP	19.8%	N/A
Total reserves including gold	$42.8B	$339M
Foreign direct investment net inflows	$2B	$390k

Exports, imports and economic structure

Stat	Nigeria	San Marino
Exports of goods and services, % of GDP	15.5%	N/A
Imports of goods and services, % of GDP	17.5%	N/A
Current account balance (balance of payments)	$5.3B	N/A
Revenue excluding grants, % of GDP	N/A	39.8%
Grants excluding technical cooperation, BoP	$2B	N/A
Personal remittances received	$24.3B	N/A
Industry including construction value added, % of GDP	25.7%	N/A
Agriculture, forestry and fishing value added, % of GDP	21.2%	N/A
Charges for the use of intellectual property, payments BoP	$252.8M	N/A
Charges for the use of intellectual property, receipts BoP	$7.8M	N/A
Expense, % of GDP	N/A	42.2%
Government Expenditure, % of GDP	11.2%	N/A