Unemployment

4.1%

0.5

Unemployment

8.8%

-0.5

CPI

3.2%

-0.2

CPI

1.3%

0.5

Unemployment

4.2%

0.3

CPI

287.9%

11.7

CPI

2.3%

-0.6

CPI

2.2%

-0.4

  1. Countries data: Demographic and economy

Country comparison Nigeria vs Hungary

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Unemployment rate (LFS) Nigeria vs Hungary comparison
 
Gouvernement
5,350K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2022€452,971Mchart€196,391M2023Annual GDP [+]
Annual GDP [+]2022$477,376Mchart$212,358M2023Annual GDP [+]
GDP per capita [+]2022€2,123chart€20,4802023GDP per capita [+]
GDP per capita [+]2022$2,237chart$22,1212023GDP per capita [+]
€51,361M2023Q4Quarterly GDP [+]
Debt (M.€.) [+]2022179,583chart144,0292023Debt (M.€.) [+]
Debt ($M) [+]2022189,258chart155,7392023Debt ($M) [+]
Debt (%GDP) [+]202239.65%chart73.50%2023Debt (%GDP) [+]
Debt Per Capita [+]2022€842chart€15,0032023Debt Per Capita [+]
Debt Per Capita [+]2022$887chart$16,2232023Debt Per Capita [+]
Deficit (M.€) [+]2022-25,381chart-13,1432023Deficit (M.€) [+]
Deficit ($M) [+]2022-26,749chart-14,2112023Deficit ($M) [+]
Deficit (%GDP) [+]2022-5.60%chart-6.70%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202265,194.8chart96,456.82023Expenditure (M.€) [+]
Expenditure ($M) [+]202268,707.3chart104,298.72023Expenditure ($M) [+]
6,289.62018Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]1975851.1chart7,423.72018Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20215.14%chart10.08%2018Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20171,772.3chart8,300,748,805.22022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20172,001.4chart7,095.32019Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20174.60%chart10.08%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20222,878.8chart2,571.62022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20223,033.9chart2,746.52022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20224.22%chart3.30%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202214.39%chart49.10%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€306chart€10,0482023Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$322chart$10,8652023Expenditure Per Capita [+]
€6442018Education Expenditure P.C [+]
Education Expenditure P.C [+]1975$14chart$7592018Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2017€9chart€8572022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2017$10chart$7262019Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€13chart€2662022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$14chart$2832022Defence Expenditure P.C. [+]
Baa209/01/2023Moody's Rating [+]
S&P Rating [+]08/04/2023B-BBB-01/27/2023S&P Rating [+]
Fitch Rating [+]11/11/2022B-BBB02/14/2020Fitch Rating [+]
Corruption Index [+]202224chart422022Corruption Index [+]
Competitiveness Ranking [+]2019116ºchart47º2019Competitiveness Ranking [+]
Fragile States Index [+]201899.9chart50.22018Fragile States Index [+]
RTI Raking [+]202262ºchart65º2022RTI Raking [+]
Innovation Ranking [+]2018118ºchart33º2018Innovation Ranking [+]
Labour
4.4%February 2024Unemployment Rate [+]
Unemployment rate [+]2023Q13.1%chart4.4%2023Q4Unemployment rate [+]
Unemployed [+]2023Q12,255Kchart220K2023Q4Unemployed [+]
NMW [+]2022$70.4chart$953.52024NMW [+]
NMW [+]2022€64.2chart€697.02024NMW [+]
$17,0302022Average Wage [+]
€16,1722022Average Wage [+]
Human Capital Ranking [+]2017114ºchart39º2017Human Capital Ranking [+]
Markets
Euro / Nairas [+]04/22/20241,331.8137chart393.630004/23/2024Euro / Hungarian forints [+]
US Dollar exchange rate [+]04/22/20241,251.5870chart279.800001/18/2019US Dollar exchange rate [+]
48.71%04/22/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]March 202433.2%chart3.6%March 2024CPI (overall index) [+]
3.6%March 2024HICP [+]
-5.9%February 2024PPI Year on Year [+]
Money Market
Key rates [+]03/26/202424.75%chart7.75%04/24/2024Key rates [+]
Business
Doing Business [+]2019146ºchart52º2020Doing Business [+]
1.3%February 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 20195,100chart111,536December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20190.05chart14.12December 2022Annual Vehicles/ 1,000 p. [+]
441,7292022Motor vehicle production [+]
Vehicles / 1,000 people [+]202055.71chart478.152021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]20216.7%chart34.9%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/20207.50%chart27.00%01/01/2012Standard VAT [+]
Top tax rate + SSC [+]202024.0%chart33.5%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20165,265,000chart16,937,0002019Annual arrivals [+]
Exports [+]2023€53,537.7Mchart€148,764.9M2023Exports [+]
Exports [+]2023$57,890.3Mchart$160,954.8M2023Exports [+]
Exports % GDP [+]202213.22%chart75.75%2023Exports % GDP [+]
Imports [+]2023€42,491.8Mchart€144,214.9M2023Imports [+]
Imports [+]2023$45,946.4Mchart$155,966.3M2023Imports [+]
Imports % GDP [+]202212.65%chart73.43%2023Imports % GDP [+]
Trade balance [+]2023€11,045.9Mchart€4,550.1M2023Trade balance [+]
Trade balance [+]2023$11,943.9Mchart$4,988.5M2023Trade balance [+]
Trade balance % GDP [+]20220.57%chart2.32%2023Trade balance % GDP [+]
-10.1%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201586ºchart39º2015Global AgeWatch Ranking [+]
Density [+]2021231chart1032022Density [+]
Global Peace Ranking [+]2023144ºchart18º2023Global Peace Ranking [+]
1.80‰2022Crude divorce rate [+]
Remittance received ($M) [+]201721,967.2chart4,692.22017Remittance received ($M) [+]
% Immigrant [+]20200.63%chart6.01%2020% Immigrant [+]
% Emigrant [+]20200.80%chart7.34%2020% Emigrant [+]
Birth Rate [+]202137.12‰chart9.30‰2022Birth Rate [+]
Remittance sent ($M) [+]20171,143.7chart1,093.12017Remittance sent ($M) [+]
Crude death rate [+]202113.08‰chart14.20‰2022Crude death rate [+]
Fertility Rate [+]20215.24chart1.562022Fertility Rate [+]
6.60‰2022Crude marriage rate [+]
% risk of poverty [+]201840.1%chart12.1%2022% risk of poverty [+]
Population [+]2021213,401,323chart9,599,7442022Population [+]
Immigrant stock [+]20201,308,568chart584,5672020Immigrant stock [+]
Emigrant stock [+]20201,670,455chart714,4202020Emigrant stock [+]
HDI [+]20210.535chart0.8462021HDI [+]
Gender Gap Ranking [+]2023130ºchart99º2023Gender Gap Ranking [+]
Life expectancy [+]202152.68chart76.002022Life expectancy [+]
Suicides [+]201518,095chart1,5612021Suicides [+]
Suicide rate [+]20159.83chart16.002021Suicide rate [+]
Number of homicides [+]201944,200chart942022Number of homicides [+]
Rate Homicides per 100.000 [+]201921.74chart0.942022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20220.57chart4.952022CO2 Tons per capita [+]
Annual crude oil production [+]20231,442chart192023Annual crude oil production [+]
Crude Oil Reserves [+]202136,890.0chart12.12021Crude Oil Reserves [+]
Consumption GWh [+]202231,570chart43,1862022Consumption GWh [+]
Generation GWh [+]202236,980chart33,8372022Generation GWh [+]
Others
COVID-19 - Deaths [+]04/07/20243,155chart49,05104/07/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]04/07/2024267,188chart2,230,31204/07/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]11/05/202381,297,808chart6,207,24912/27/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]04/07/202414.78chart5,109.6204/07/2024COVID-19 - Deaths per million population [+]
Doses administered [+]11/05/2023133,048,021chart16,701,23812/04/2022Doses administered [+]
Nigeria
Hungary