Country comparison Nigeria vs Federated States of Micronesia

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Gouvernement
Annual GDP [+]2022€452,971Mchart€403M2022Annual GDP [+]
Annual GDP [+]2022$477,376Mchart$424M2022Annual GDP [+]
GDP per capita [+]2022€2,123chart€3,5592022GDP per capita [+]
GDP per capita [+]2022$2,237chart$3,7482022GDP per capita [+]
Debt (M.€.) [+]2022179,583chart532021Debt (M.€.) [+]
Debt ($M) [+]2022189,258chart632021Debt ($M) [+]
Debt (%GDP) [+]202239.65%chart15.49%2021Debt (%GDP) [+]
Debt Per Capita [+]2022€842chart€4712021Debt Per Capita [+]
Debt Per Capita [+]2022$887chart$5572021Debt Per Capita [+]
Deficit (M.€) [+]2022-25,381chart152021Deficit (M.€) [+]
Deficit ($M) [+]2022-26,749chart182021Deficit ($M) [+]
Deficit (%GDP) [+]2022-5.60%chart4.52%2021Deficit (%GDP) [+]
Expenditure (M.€) [+]202265,194.8chart217.12021Expenditure (M.€) [+]
Expenditure ($M) [+]202268,707.3chart257.02021Expenditure ($M) [+]
33.02018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]1975851.1chart39.02018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20215.14%chart18.11%2019Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20171,772.3chart10.42017Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20172,001.4chart11.72017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20174.60%chart4.95%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20222,878.8
Defence Expenditure ($M) [+]20223,033.9
Defence Expenditure (%Bud.) [+]20224.22%
Expenditure (%GDP) [+]202214.39%chart63.33%2021Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€306chart€1,9192021Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$322chart$2,2722021Expenditure Per Capita [+]
€3162018Education Expenditure P.C [+]
Education Expenditure P.C [+]1975$14chart$3742018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2017€9chart€972017Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2017$10chart$1102017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€13
Defence Expenditure P.C. [+]2022$14
S&P Rating [+]08/04/2023B-
Fitch Rating [+]11/11/2022B-
Corruption Index [+]202224
Competitiveness Ranking [+]2019116º
Fragile States Index [+]201899.9chart74.42018Fragile States Index [+]
RTI Raking [+]202262º
Innovation Ranking [+]2018118º
Labour
Unemployment rate [+]2023Q13.1%
Unemployed [+]2023Q12,255K
NMW [+]2022$70.4
NMW [+]2022€64.2
Human Capital Ranking [+]2017114º
Markets
Euro / Nairas [+]03/15/20241,712.1456
US Dollar exchange rate [+]03/15/20241,572.5070
Prices
CPI (overall index) [+]February 202431.7%
Money Market
Key rates [+]02/28/202422.75%
Business
Doing Business [+]2019146ºchart158º2020Doing Business [+]
Passengers vehicles Year [+]December 20195,100
Annual Vehicles/ 1,000 p. [+]December 20190.05
Vehicles / 1,000 people [+]202055.71
Taxes
Tax Revenue (%GDP) [+]20216.7%
Standard VAT [+]01/01/20207.50%
Top tax rate + SSC [+]202024.0%
Trade
Annual arrivals [+]20165,265,000chart19,2002018Annual arrivals [+]
Exports [+]2021€38,993.4Mchart€60.0M2021Exports [+]
Exports [+]2021$46,117.4Mchart$71.0M2021Exports [+]
Exports % GDP [+]202110.45%chart17.57%2021Exports % GDP [+]
Imports [+]2021€63,161.0Mchart€137.8M2021Imports [+]
Imports [+]2021$74,700.5Mchart$163.0M2021Imports [+]
Imports % GDP [+]202116.93%chart40.34%2021Imports % GDP [+]
Trade balance [+]2021€-24,167.7Mchart€-77.8M2021Trade balance [+]
Trade balance [+]2021$-28,583.1Mchart$-92.0M2021Trade balance [+]
Trade balance % GDP [+]2021-6.48%chart-22.77%2021Trade balance % GDP [+]
Socio-Demography
Global AgeWatch Ranking [+]201586º
Density [+]2021231chart1622021Density [+]
Global Peace Ranking [+]2023144º
Remittance received ($M) [+]201721,967.2chart24.02017Remittance received ($M) [+]
% Immigrant [+]20200.63%chart2.53%2020% Immigrant [+]
% Emigrant [+]20200.80%chart22.25%2020% Emigrant [+]
Birth Rate [+]202137.12‰chart20.78‰2021Birth Rate [+]
Remittance sent ($M) [+]20171,143.7chart6.22017Remittance sent ($M) [+]
Crude death rate [+]202113.08‰chart6.21‰2021Crude death rate [+]
Fertility Rate [+]20215.24chart2.712021Fertility Rate [+]
% risk of poverty [+]201840.1%chart41.2%2013% risk of poverty [+]
Population [+]2021213,401,323chart113,1312021Population [+]
Immigrant stock [+]20201,308,568chart2,8322020Immigrant stock [+]
Emigrant stock [+]20201,670,455chart24,9452020Emigrant stock [+]
HDI [+]20210.535chart0.6282021HDI [+]
Gender Gap Ranking [+]2023130º
Life expectancy [+]202152.68chart70.712021Life expectancy [+]
Suicides [+]201518,095chart122015Suicides [+]
Suicide rate [+]20159.83chart11.282015Suicide rate [+]
Number of homicides [+]201944,200chart12019Number of homicides [+]
Rate Homicides per 100.000 [+]201921.74chart0.902019Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20210.60
Annual crude oil production [+]20221,291
Crude Oil Reserves [+]202136,890.0
Consumption GWh [+]202126,596
Generation GWh [+]202131,458
Others
COVID-19 - Deaths [+]03/05/20243,155chart6503/05/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/05/2024267,188chart26,54703/05/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]11/05/202381,297,808
COVID-19 - Deaths per million population [+]03/05/202414.78chart574.5603/05/2024COVID-19 - Deaths per million population [+]
Doses administered [+]11/05/2023133,048,021chart77,14211/04/2021Doses administered [+]
  • Capital: Palikir
  • Population: 113,131
  • Surface Area: 700 km2
  • Currency: United States dollars
  • Religion: Mostly Christianity
  • Belongs to: ACP, IMF, UN, PIF