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Economy of Nigeria vs Tajikistan compared: GDP & Debt

Updated on by Georank

Nigeria has a GDP of $291B compared to $17.7B for Tajikistan, ranking 50/197 and 140/197 by economy size, respectively.

Nigeria has $103B in government debt (35.5% of GDP), compared to $3.82B (21.6% of GDP) in Tajikistan.

Nigeria vs Tajikistan GDP by year

Nigeria
Tajikistan
1x
Year GDP, current $
Nigeria Tajikistan
2025 $290,794,361,542 $17,660,626,562
2024 $252,261,880,140 $14,425,113,700
2023 $487,387,801,878 $12,244,169,293
2022 $646,950,257,575 $10,713,525,200
2021 $609,147,716,965 $8,937,805,347
2020 $598,586,817,817 $8,133,963,551
2019 $668,219,992,687 $8,300,813,599
2018 $421,739,251,509 $7,764,999,999
2017 $375,745,731,053 $7,536,402,853
2016 $404,649,125,252 $6,992,416,097
2015 $493,026,682,801 $8,271,431,485
2014 $574,183,763,412 $9,112,605,459
2013 $520,117,180,314 $8,448,411,318
2012 $463,971,018,239 $7,633,036,903
2011 $414,466,676,831 $6,522,756,255
2010 $366,990,417,129 $5,642,221,099
2009 $295,008,835,381 $4,979,472,364
2008 $339,476,276,258 $5,161,299,725
2007 $278,260,846,800 $3,719,524,541
2006 $238,454,997,161 $2,830,213,849
2005 $175,670,569,969 $2,312,352,021
2004 $135,764,731,646 $2,076,176,869
2003 $104,738,954,264 $1,555,318,261
2002 $95,054,059,303 $1,221,106,220
2001 $73,557,840,064 $1,080,772,551
2000 $69,171,451,627 $860,541,842
1999 $59,145,077,039 $1,086,612,290
1998 $218,416,200,673 $1,320,199,582
1997 $200,850,397,618 $921,518,033
1996 $185,730,236,700 $1,043,654,822
1995 $140,919,776,986 $1,231,561,860
1994 $80,399,613,064 $1,522,001,206
1993 $56,721,051,402 $1,646,623,195
1992 $52,058,181,854 $1,908,554,572
1991 $59,526,833,412 $2,536,585,366
1990 $54,035,795,388 $2,629,395,066
1989 $44,003,061,108 -
1988 $49,648,470,440 -
1987 $52,676,041,931 -
1986 $54,805,852,581 -
1985 $73,745,821,158 -
1984 $73,484,359,521 -
1983 $97,094,911,792 -
1982 $142,769,363,314 -
1981 $164,475,209,516 -
1980 $64,201,788,123 -
1979 $47,259,911,894 -
1978 $36,527,862,209 -
1977 $36,035,407,725 -
1976 $36,308,883,249 -
1975 $27,778,934,625 -
1974 $24,846,641,318 -
1973 $15,162,871,287 -
1972 $12,274,416,018 -
1971 $9,181,769,912 -
1970 $12,546,094,982 -
1969 $6,634,317,346 -
1968 $5,200,997,920 -
1967 $5,203,237,919 -
1966 $6,366,917,453 -
1965 $5,874,537,650 -
1964 $5,552,931,319 -
1963 $5,165,590,254 -
1962 $4,909,399,176 -
1961 $4,467,287,893 -
1960 $4,196,174,502 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/nigeria/tajikistan | CC BY

GDP per capita in Nigeria vs Tajikistan by year

Nigeria
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Nigeria Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,224 - $1,637 -
2024 $1,084 $9,087 $1,362 $5,406
2023 $2,139 $8,705 $1,178 $4,964
2022 $2,899 $8,305 $1,052 $4,514
2021 $2,787 $7,588 $897 $3,986
2020 $2,797 $7,415 $834 $3,654
2019 $3,190 $7,551 $871 $3,460
2018 $2,058 $7,158 $834 $3,069
2017 $1,876 $7,037 $829 $3,017
2016 $2,070 $7,072 $789 $2,914
2015 $2,586 $7,308 $957 $2,975
2014 $3,089 $7,396 $1,082 $3,152
2013 $2,873 $7,004 $1,028 $2,919
2012 $2,633 $6,671 $952 $2,679
2011 $2,418 $6,585 $834 $2,456
2010 $2,202 $6,301 $737 $2,291
2009 $1,820 $5,927 $665 $2,171
2008 $2,154 $5,607 $703 $2,120
2007 $1,816 $5,298 $517 $1,966
2006 $1,600 $4,975 $401 $1,810
2005 $1,211 $4,678 $334 $1,673
2004 $962 $4,381 $306 $1,550
2003 $763 $4,015 $233.6 $1,396
2002 $712 $3,770 $187 $1,257
2001 $566 $3,309 $168.7 $1,139
2000 $547 $3,139 $136.9 $1,036
1999 $481 $3,002 $175 $947
1998 $1,822 $3,022 $213.7 $905
1997 $1,720 $2,990 $150.1 $855
1996 $1,633 $2,931 $172 $836
1995 $1,272 $2,835 $207 $1,006
1994 $745 $2,853 $261.3 $1,148
1993 $540 $2,921 $287.6 $1,454
1992 $509 $2,991 $338 $1,721
1991 $597 $2,870 $458 $2,417
1990 $556 $2,840 $487 $2,583
1989 $465 - - -
1988 $540 - - -
1987 $588 - - -
1986 $628 - - -
1985 $869 - - -
1984 $890 - - -
1983 $1,207 - - -
1982 $1,822 - - -
1981 $2,162 - - -
1980 $870 - - -
1979 $661 - - -
1978 $527 - - -
1977 $536 - - -
1976 $556 - - -
1975 $438 - - -
1974 $403 - - -
1973 $252.4 - - -
1972 $209.5 - - -
1971 $160.5 - - -
1970 $224.5 - - -
1969 $121.4 - - -
1968 $97.3 - - -
1967 $99.5 - - -
1966 $124.4 - - -
1965 $117.3 - - -
1964 $113.3 - - -
1963 $107.7 - - -
1962 $104.5 - - -
1961 $97.1 - - -
1960 $93.1 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/nigeria/tajikistan | CC BY

Nigeria's GDP per capita is $1,224, ranking 172/197, compared to $1,637 in Tajikistan, ranking 163/197. Adjusted for purchasing power (GDP per capita PPP), Nigeria ranks 136th at $9,087, while Tajikistan ranks 157th at $5,406.

Economic indicators

Nigeria Tajikistan
Gross domestic product
$291B
2025
$17.7B
2025
GDP rank
50/197
2025
140/197
2025
GDP growth
4.01%
2024-2025
8.4%
2024-2025
GDP per capita
$1,224
2025
$1,637
2025
GDP per capita rank
172/197
2025
163/197
2025
GDP per capita, PPP
$9,087
2024
$5,406
2024
GDP per capita PPP rank
136/197
2024
157/197
2024
Government debt
$103B
2025
$3.82B
2025
Debt-to-GDP ratio
35.5%
2025
21.6%
2025
Government debt per person
$434
2025
$354
2025
Government debt per person rank
170/185
2025
174/185
2025
Average annual personal income after taxes
$768
2026
$1,705
2026
Market capitalization of domestic companies
$86.9B
2025
n/a
Number of billionaires
4
2026
n/a
Income share by richest 10%
26.3%
2022
28.2%
2024
Income share by poorest 10%
3%
2022
2.9%
2024
Government expenditure, % of GDP
11.7%
2025
29.3%
2025
Consumer prices inflation
23%
2024-2025
3.4%
2024-2025
Central bank interest rate
26.5%
2026
7%
2026
Unemployment rate
3.45%
2024
0.08%
2016
Population
245016045
11080415

Spending and national debt comparison by year

Nigeria
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Nigeria Tajikistan
Government spending Government debt Government spending Government debt
2025 11.7% 35.5% 29.3% 21.6%
2024 12% 39.3% 27.2% 24.9%
2023 10.4% 36.3% 28% 29.9%
2022 10.6% 29.8% 27.4% 31.8%
2021 9.09% 26.6% 27.6% 42%
2020 8.73% 25.7% 29.2% 50.9%
2019 8.87% 21.4% 28.8% 43.2%
2018 9.1% 20.4% 30.9% 46.3%
2017 8.51% 18% 33.8% 46.3%
2016 6.93% 17.4% 32.7% 42.2%
2015 7.85% 14.9% 31.9% 35%
2014 9.49% 15.8% 27.5% 27.9%
2013 10% 13% 27.7% 29.3%
2012 10.5% 12.5% 24.7% 32.5%
2011 12.3% 12.4% 24.3% 35.5%
2010 11.8% 6.67% 25.9% 36.8%
2009 11% 6.12% 23.6% 36.9%
2008 10.2% 5.17% 20.2% 30.2%
2007 12.9% 5.76% 20.3% 34.3%
2006 8.75% 6.68% 21.6% 36.8%
2005 12.6% 13.4% 22.9% 45.8%
2004 13% 25.2% 20.2% 49.4%
2003 16.5% 29.9% 19.1% 69.8%
2002 13.8% 30.7% 19.1% 98.3%
2001 21.9% 37.7% 17.3% 99.4%
2000 17.6% 40.9% 18.1% 111.4%
1999 14.9% 46.1% 17.5% 107.8%
1998 11.2% 15.8% 17.1% 96.6%
1997 9.68% 17.1% - -
1996 7.87% 17.9% - -
1995 8.87% 24.2% - -
1994 12.1% 39.7% - -
1993 20% 50.4% - -
1992 15.9% 49.8% - -
1991 13.6% 53.2% - -
1990 14.2% 50.9% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/nigeria/tajikistan | CC BY

In 2025, Nigeria's government spending was $34.1B, accounting for 11.7% of its GDP, while Tajikistan spent $5.17B, or 29.3% of GDP.

Debt-to-GDP ratio is 35.5% in Nigeria and 21.6% in Tajikistan, ranking 143/185 and 171/185, respectively.

Government deficit by year

Deficit/surplus
Nigeria

Tajikistan
1x
Year Deficit/surplus, % of GDP
Nigeria Tajikistan
2025 -1.76% -1.79%
2024 -1.27% 0.32%
2023 -3.12% -0.92%
2022 -4% -0.23%
2021 -3.97% -0.64%
2020 -4.03% -4.34%
2019 -3.31% -2.04%
2018 -3.06% -2.69%
2017 -3.85% -5.65%
2016 -3.3% -2.91%
2015 -2.7% -1.96%
2014 -1.72% 0.92%
2013 -1.89% -0.73%
2012 -0.09% 0.41%
2011 0.31% 0.6%
2010 -2.96% -2.71%
2009 -3.78% -0.2%
2008 4.05% 1.94%
2007 -0.79% 2.13%
2006 6.22% 2%
2005 3.49% -2.83%
2004 3.9% -2.32%
2003 -1.56% -1.74%
2002 0.95% -2.4%
2001 -2.29% -2.11%
2000 2.89% -4.51%
1999 -1.39% -4.03%
1998 -3.47% -5.09%
1997 1.14% -
1996 3.37% -
1995 2.52% -
1994 -2.96% -
1993 -6.07% -
1992 0.94% -
1991 -1.18% -
1990 -0.48% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/nigeria/tajikistan | CC BY

In 2025, Nigeria's government deficit, the difference between spending and revenue, was $5.12B, equivalent to 1.76% of GDP. This compares to Tajikistan's deficit of $316M, or 1.79% of GDP.

Over the past 28 years, Nigeria recorded a fiscal deficit in 21 of those years, while Tajikistan ran a deficit in 21 years. On average, Nigeria posted an annual deficit equal to 1.16% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Nigeria

Tajikistan
1x
Year Consumer prices inflation
Nigeria Tajikistan
2025 23% 3.4%
2024 33.2% 3.5%
2023 24.7% 3.7%
2022 18.8% 6.6%
2021 17% 9%
2020 13.2% 8.6%
2019 11.4% 7.8%
2018 12.1% 3.8%
2017 16.5% 7.3%
2016 15.7% 5.9%
2015 9.01% 5.8%
2014 8.05% 6.1%
2013 8.5% 5%
2012 12.2% 5.8%
2011 10.8% 12.4%
2010 13.7% 6.5%
2009 12.5% 6.4%
2008 11.6% 20.4%
2007 5.39% 13.2%
2006 8.23% 10%
2005 17.9% 7.3%
2004 15% 7.2%
2003 14% 16.4%
2002 12.9% 12.2%
2001 18.9% 38.6%
2000 6.93% 32.9%
1999 6.62% 27.5%
1998 10% 43.2%
1997 8.53% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/nigeria/tajikistan | CC BY

Over the past 29 years, Nigeria has recorded an average annual inflation rate of 13.7%, compared with 14.6% in Tajikistan. In 2025, inflation was 23% in Nigeria and 3.4% in Tajikistan.

Balance of trade

Nigeria Tajikistan
Current account balance
$14B
2025
$3.02B
2025
Current account balance ranking
21/190
2025
38/190
2025
Current account balance, % of GDP
+4.83%
2025
+17.1%
2025
Goods imports
$43B
2025
$7.45B
2025
Goods exports
$57.5B
2025
$1.95B
2025
Service imports
$19.6B
2025
$1.14B
2025
Service exports
$5.06B
2025
$168M
2025
Imports of goods and services, % of GDP
16.9%
1960
47.9%
2024
Exports of goods and services, % of GDP
9.24%
1960
11.2%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Nigeria Tajikistan
Economic freedom 54.8 52.5
Economic freedom ranking 132/197 147/197
Property rights 29.7 28.4
Government integrity 23.5 18.5
Judicial effectiveness 34.4 10.1
Tax burden 84.6 94.2
Government spending 96.3 77
Fiscal health 83.5 98.6
Business freedom 50.3 60.6
Labor freedom 75.4 43.4
Monetary freedom 56.1 72.6
Trade freedom 64.4 72.2
Investment freedom 30 25
Financial freedom 30 30

Economic freedom comparison by year

Nigeria
Tajikistan
1x
Year Economic freedom index
Nigeria Tajikistan
2026 54.8 52.5
2025 53.4 51.5
2024 53.1 51.3
2023 53.9 50.6
2022 54.4 49.7
2021 58.7 55.2
2020 57.2 52.2
2019 57.3 55.6
2018 58.5 58.3
2017 57.1 58.2
2016 57.5 51.3
2015 55.6 52.7
2014 54.3 52
2013 55.1 53.4
2012 56.3 53.4
2011 56.7 53.5
2010 56.8 53
2009 55.1 54.6
2008 55.1 54.4
2007 55.6 53.6
2006 48.7 52.6
2005 48.4 50.4
2004 49.2 48.7
2003 49.5 46.5
2002 50.9 47.3
2001 49.6 46.8
2000 53.1 44.8
1999 55.7 41.2
1998 52.3 41.1
1997 52.8 -
1996 47.4 -
1995 47.3 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/nigeria/tajikistan | CC BY

The Economic Freedom Index for Nigeria is 54.8, ranking 132/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Nigeria Tajikistan
Services, % of GDP
58.2%
2025
36.5%
2024
Industry, % of GDP
16.4%
2025
32.4%
2024
Agriculture, forestry, and fishing, % of GDP
23%
2025
23.1%
2024
GNI, Atlas method
$324B
2025
$22.4B
2025
GNI per capita, PPP
$9,230
2025
$8,240
2025
Total reserves including gold
$46B
2025
$4.31B
2025
Total reserves ranking
52/177
2025
109/177
2025
Net foreign direct investment
-$2.82B
2025
$8.2M
2025
Net inflows of foreign direct investment
$1.61B
2024
$291M
2024
Net outflows of foreign direct investment
$408M
2024
$101M
2024
Servicing debt to the IMF, % of GNI
5.46%
2024
3.04%
2024
Poverty at national poverty lines
56.2%
2023
19.8%
2024
Gross capital formation, % of GDP n/a
32.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/nigeria/tajikistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.