Country comparison Nigeria vs Madagascar

Subscribe to our free email alert service
 
Gouvernement
GDP Growth (%) [+]20244.1%chart4.2%2024GDP Growth (%) [+]
Annual GDP [+]2024€232,991Mchart€16,095M2024Annual GDP [+]
Annual GDP [+]2024$252,109Mchart$17,421M2024Annual GDP [+]
GDP per capita [+]2024€1,001chart€5162024GDP per capita [+]
GDP per capita [+]2024$1,084chart$5582024GDP per capita [+]
Debt (M.€.) [+]202491,642chart8,1032024Debt (M.€.) [+]
Debt ($M) [+]202499,162chart8,7682024Debt ($M) [+]
Debt (%GDP) [+]202439.33%chart50.33%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€402chart€2602024Debt Per Capita [+]
Debt Per Capita [+]2024$435chart$2812024Debt Per Capita [+]
Deficit (M.€) [+]2024-3,651chart-3992024Deficit (M.€) [+]
Deficit ($M) [+]2024-3,951chart-4322024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.57%chart-2.48%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202428,710.2chart2,610.12024Expenditure (M.€) [+]
Expenditure ($M) [+]202431,066.0chart2,824.32024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,437.7chart450.62023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20231,555.0chart487.22023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20242.98%chart14.07%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,018.4chart145.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,183.4chart156.82023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20234.31%chart5.51%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,294.1chart114.12024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,400.3chart123.52024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20243.07%chart4.24%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202412.32%chart16.21%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€126chart€842024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$136chart$912024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€6chart€142023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$7chart$162023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€9chart€52023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$10chart$52023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€6chart€42024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$6chart$42024Defence Expenditure P.C. [+]
S&P Rating [+]11/14/2025B-
Fitch Rating [+]11/11/2022B-
Corruption Index [+]202325chart252023Corruption Index [+]
Competitiveness Ranking [+]2019116ºchart132º2019Competitiveness Ranking [+]
Fragile States Index [+]202496.6chart79.82024Fragile States Index [+]
RTI Raking [+]202464º
Innovation Ranking [+]2024113ºchart110º2024Innovation Ranking [+]
Labour
Unemployment rate [+]2024Q23.1%
Unemployed [+]2024Q23,018K
NMW [+]2024$72.3chart$41.72023NMW [+]
NMW [+]2024€65.4
Human Capital Ranking [+]2017114ºchart110º2017Human Capital Ranking [+]
Markets
Euro / Nairas [+]02/17/20261,578.6449
US Dollar exchange rate [+]02/17/20261,335.4580
Prices
CPI (overall index) [+]December 2025-94.7%
Money Market
Key rates [+]09/24/202527.00%
Business
Doing Business [+]2019146ºchart161º2020Doing Business [+]
Passengers vehicles Year [+]December 20195,100chart1,043December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20190.05chart0.07December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]202054.23chart28.082015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]20238.2%chart12.2%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/20207.50%
Top tax rate + SSC [+]202024.0%
Trade
Annual arrivals [+]2022528,000chart7,8002021Annual arrivals [+]
Exports [+]2023€51,032.9Mchart€2,971.4M2023Exports [+]
Exports [+]2023$55,181.8Mchart$3,213.0M2023Exports [+]
Exports % GDP [+]202311.33%chart20.10%2023Exports % GDP [+]
Imports [+]2023€45,711.3Mchart€4,392.8M2023Imports [+]
Imports [+]2023$49,427.7Mchart$4,749.9M2023Imports [+]
Imports % GDP [+]202310.14%chart29.71%2023Imports % GDP [+]
Trade balance [+]2023€5,321.5Mchart€-1,421.4M2023Trade balance [+]
Trade balance [+]2023$11,943.9Mchart$-1,536.9M2023Trade balance [+]
Trade balance % GDP [+]20231.18%chart-9.61%2023Trade balance % GDP [+]
Socio-Demography
Global AgeWatch Ranking [+]201586º
Density [+]2023247chart532023Density [+]
Global Peace Ranking [+]2024147ºchart44º2024Global Peace Ranking [+]
Remittance received ($M) [+]201721,967.2chart261.82017Remittance received ($M) [+]
% Immigrant [+]20200.61%chart0.12%2020% Immigrant [+]
% Emigrant [+]20200.78%chart0.67%2020% Emigrant [+]
Birth Rate [+]202332.95‰chart32.10‰2023Birth Rate [+]
Remittance sent ($M) [+]20171,143.7chart182.92017Remittance sent ($M) [+]
Crude death rate [+]202311.74‰chart7.53‰2023Crude death rate [+]
Fertility Rate [+]20234.48chart3.972023Fertility Rate [+]
% risk of poverty [+]202356.2%chart75.2%2021% risk of poverty [+]
Population [+]2023227,882,945chart31,195,9322023Population [+]
Immigrant stock [+]20201,308,568chart35,5632020Immigrant stock [+]
Emigrant stock [+]20201,670,455chart193,5262020Emigrant stock [+]
HDI [+]20220.548chart0.4872022HDI [+]
Gender Gap Ranking [+]2024125ºchart66º2024Gender Gap Ranking [+]
Life expectancy [+]202354.46chart63.632023Life expectancy [+]
Suicides [+]201518,095chart1,1262015Suicides [+]
Suicide rate [+]20159.49chart4.792015Suicide rate [+]
Number of homicides [+]202335,884
Rate Homicides per 100.000 [+]202315.75
Energy and Environment
CO2 Tons per capita [+]20230.58chart0.142023CO2 Tons per capita [+]
Annual crude oil production [+]20241,489
Crude Oil Reserves [+]202136,890.0
Consumption GWh [+]202334,218chart2,5062023Consumption GWh [+]
Generation GWh [+]202342,509chart2,6452023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20263,155chart1,42801/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026267,229chart68,73301/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]11/05/202381,297,810chart2,628,84907/30/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/202613.84chart45.7801/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]11/05/2023133,048,024chart3,092,06307/30/2023Doses administered [+]
Nigeria
Madagascar