Country comparison Nigeria vs Federated States of Micronesia

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Gouvernement
GDP Growth (%) [+]20244.1%chart0.7%2024GDP Growth (%) [+]
Annual GDP [+]2024€232,991Mchart€436M2024Annual GDP [+]
Annual GDP [+]2024$252,109Mchart$471M2024Annual GDP [+]
GDP per capita [+]2024€1,001chart€3,8672024GDP per capita [+]
GDP per capita [+]2024$1,084chart$4,1862024GDP per capita [+]
Debt (M.€.) [+]202491,642chart562021Debt (M.€.) [+]
Debt ($M) [+]202499,162chart662021Debt ($M) [+]
Debt (%GDP) [+]202439.33%chart16.96%2021Debt (%GDP) [+]
Debt Per Capita [+]2024€402chart€5812021Debt Per Capita [+]
Debt Per Capita [+]2024$435chart$6882021Debt Per Capita [+]
Deficit (M.€) [+]2024-3,651chart142021Deficit (M.€) [+]
Deficit ($M) [+]2024-3,951chart172021Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.57%chart4.44%2021Deficit (%GDP) [+]
Expenditure (M.€) [+]202428,710.2chart220.52021Expenditure (M.€) [+]
Expenditure ($M) [+]202431,066.0chart261.02021Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,437.7chart37.82020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20231,555.0chart43.12020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20242.98%chart18.61%2020Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,018.4chart7.52023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,183.4chart8.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20234.31%chart3.43%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20233,637.7
Defence Expenditure ($M) [+]20233,934.5
Defence Expenditure (%Bud.) [+]20235.52%
Expenditure (%GDP) [+]202412.32%chart53.38%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€126chart€2,2972021Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$136chart$2,7192021Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€6chart€3892020Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$7chart$4442020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€9chart€672023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$10chart$722023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2023€16
Defence Expenditure P.C. [+]2023$17
S&P Rating [+]11/14/2025B-
Fitch Rating [+]11/11/2022B-
Corruption Index [+]202325
Competitiveness Ranking [+]2019116º
Fragile States Index [+]202496.6chart66.92024Fragile States Index [+]
RTI Raking [+]202464º
Innovation Ranking [+]2024113º
Labour
Unemployment rate [+]2024Q23.1%
Unemployed [+]2024Q23,018K
NMW [+]2024$72.3
NMW [+]2024€65.4
Human Capital Ranking [+]2017114º
Markets
Euro / Nairas [+]12/15/20251,705.1522
US Dollar exchange rate [+]12/15/20251,451.3169
Prices
CPI (overall index) [+]December 2025-94.7%
Money Market
Key rates [+]09/24/202527.00%
Business
Doing Business [+]2019146ºchart158º2020Doing Business [+]
Passengers vehicles Year [+]December 20195,100
Annual Vehicles/ 1,000 p. [+]December 20190.05
Vehicles / 1,000 people [+]202054.23
Taxes
Tax Revenue (%GDP) [+]20227.9%
Standard VAT [+]01/01/20207.50%
Top tax rate + SSC [+]202024.0%
Trade
Annual arrivals [+]2022528,000chart18,0002019Annual arrivals [+]
Exports [+]2023€51,032.9Mchart€98.0M2023Exports [+]
Exports [+]2023$55,181.8Mchart$106.0M2023Exports [+]
Exports % GDP [+]202311.33%chart23.88%2023Exports % GDP [+]
Imports [+]2023€45,711.3Mchart€278.4M2023Imports [+]
Imports [+]2023$49,427.7Mchart$301.0M2023Imports [+]
Imports % GDP [+]202310.14%chart67.81%2023Imports % GDP [+]
Trade balance [+]2023€5,321.5Mchart€-180.3M2023Trade balance [+]
Trade balance [+]2023$11,943.9Mchart$-195.0M2023Trade balance [+]
Trade balance % GDP [+]20231.18%chart-43.93%2023Trade balance % GDP [+]
Socio-Demography
Global AgeWatch Ranking [+]201586º
Density [+]2023247chart1612023Density [+]
Global Peace Ranking [+]2024147º
Remittance received ($M) [+]201721,967.2chart24.02017Remittance received ($M) [+]
% Immigrant [+]20200.61%chart2.92%2020% Immigrant [+]
% Emigrant [+]20200.78%chart25.72%2020% Emigrant [+]
Birth Rate [+]202332.95‰chart22.30‰2023Birth Rate [+]
Remittance sent ($M) [+]20171,143.7chart6.22017Remittance sent ($M) [+]
Crude death rate [+]202311.74‰chart7.64‰2023Crude death rate [+]
Fertility Rate [+]20234.48chart2.752023Fertility Rate [+]
% risk of poverty [+]202356.2%chart41.2%2013% risk of poverty [+]
Population [+]2023227,882,945chart112,6302023Population [+]
Immigrant stock [+]20201,308,568chart2,8322020Immigrant stock [+]
Emigrant stock [+]20201,670,455chart24,9452020Emigrant stock [+]
HDI [+]20220.548chart0.6342022HDI [+]
Gender Gap Ranking [+]2024125º
Life expectancy [+]202354.46chart67.202023Life expectancy [+]
Suicides [+]201518,095chart122015Suicides [+]
Suicide rate [+]20159.49chart11.392015Suicide rate [+]
Number of homicides [+]202335,884chart12019Number of homicides [+]
Rate Homicides per 100.000 [+]202315.75chart0.912019Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20230.58
Annual crude oil production [+]20241,489
Crude Oil Reserves [+]202136,890.0
Consumption GWh [+]202334,218
Generation GWh [+]202342,509
Others
COVID-19 - Deaths [+]11/23/20253,155chart6508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]11/23/2025267,227chart31,76508/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]11/05/202381,297,810
COVID-19 - Deaths per million population [+]11/23/202513.84chart577.1108/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]11/05/2023133,048,024chart77,14211/04/2021Doses administered [+]
Nigeria
Federated States of Micronesia
  • Capital: Palikir
  • Population: 112,630
  • Surface Area: 700 km2
  • Currency: United States dollars
  • Religion: Mostly Christianity
  • Belongs to: ACP, IMF, UN, PIF