Nigeria vs Sudan: Economic Indicators Comparison

Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while Sudan ranked 92nd with $40.9B. By GDP 5-years average growth and GDP per capita, Nigeria and Sudan ranked 132nd vs 141st and 149th vs 171st, respectively.

Gross Domestic Product & Income

StatNigeriaSudan
GDP$397.3B$40.9B
GDP growth, 1 year1.9%-2.1%
GDP growth, 5-years average2%1.8%
Population190.9M40.5M
GDP per capita$2k$977
GDP per capita growth-0.67%-4.63%
Purchasing Power Parity conversion factor110.035
Price level ratio of PPP conversion factor GDP to market exchange rate0.340.2
GDP per capita, PPP adjusted$6k$4.2k
GNI, Atlas method$384.8B$65.2B
GNI per capita$2k$1.6k
GNI, PPP adjusted$1.1T$185.1B
GNI per capita, PPP adjusted$5.7k$4.4k

Financial system and Human development

StatNigeriaSudan
Income Tax Rate24%10%
Corporate Tax Rate30%35%
Inflation, consumer prices12.1%63.3%
Inflation, GDP deflator10.2%23.9%
Unemployment6%12.9%
Economic Freedom Index57.245
Personal Freedom Index6.013.82
Human Freedom Index6.14.44
Property Rights Index38.133.7
Judical Effectiveness Index32.220.8
Business Freedom Index54.753.5
Fiscal Health Index64.112.4
Labor Freedom Index8460
Investment Freedom Index455
Financial Freedom Index4020
Trade Freedom Index62.452
Monetary Freedom Index61.777
Government Spending Index96.294.5
Tax Burden Index85.186.1
Government Integrity Index22.325.5
Corruption Perceptions Index2716
Life expectancy at birth, years5464.9
Suicide mortality rate, per 100,000 people9.58.1
Mortality caused by road traffic injury, per 100,000 people21.425.7
Intentional homicides, per 100,000 people9.95.2
International tourism, number of arrivals5.3M836k

Government debt & reserves

StatNigeriaSudan
Central government debt, % of GDP28.4%163.2%
External debt stocks, % of GNI12.4%56.9%
External debt stocks$47B$21.6B
Short-term debt, % of total reserves0%2986.8%
Total debt service, % of exports and primary income8.3%4.2%
Adjusted net savings including particulate emission damage, % of GNI1.4%0.2%
Gross savings, % of GDP19.3%15.1%
Gross capital formation, % of GDP19.8%19.3%
Total reserves including gold$42.8B$177.9M
Foreign direct investment net inflows$2B$1.1B

Exports, imports and economic structure

StatNigeriaSudan
Exports of goods and services, % of GDP15.5%10.2%
Imports of goods and services, % of GDP17.5%12.3%
Current account balance (balance of payments)$5.3B-$4.7B
Revenue excluding grants, % of GDPN/A9.5%
Grants excluding technical cooperation, BoP$2B$918.4M
Personal remittances received$24.3B$425.2M
Industry including construction value added, % of GDP25.7%2.4%
Agriculture, forestry and fishing value added, % of GDP21.2%31.5%
Charges for the use of intellectual property, payments BoP$252.8M$56k
Charges for the use of intellectual property, receipts BoP$7.8M$479
Expense, % of GDPN/A10.5%
Government Expenditure, % of GDP11.2%13.6%

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

Sudan vs

CountryGDP
per capita
Population
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
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M