Country comparison Nigeria vs Palau

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Gouvernement
GDP Growth (%) [+]20244.1%chart1.4%2023GDP Growth (%) [+]
Annual GDP [+]2024€232,991Mchart€254M2023Annual GDP [+]
Annual GDP [+]2024$252,109Mchart$275M2023Annual GDP [+]
GDP per capita [+]2024€1,001chart€14,4452023GDP per capita [+]
GDP per capita [+]2024$1,084chart$15,6232023GDP per capita [+]
Debt (M.€.) [+]202491,642chart1952023Debt (M.€.) [+]
Debt ($M) [+]202499,162chart2112023Debt ($M) [+]
Debt (%GDP) [+]202439.33%chart76.77%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€394chart€10,8382023Debt Per Capita [+]
Debt Per Capita [+]2024$426chart$11,7222023Debt Per Capita [+]
Deficit (M.€) [+]2024-3,651chart32023Deficit (M.€) [+]
Deficit ($M) [+]2024-3,951chart32023Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.57%chart1.02%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202428,710.2chart126.72023Expenditure (M.€) [+]
Expenditure ($M) [+]202431,066.0chart137.02023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,437.7chart9.02023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20231,555.0chart9.72023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20242.98%chart9.77%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,018.4chart16.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,183.4chart18.22023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20234.31%chart13.26%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,294.1
Defence Expenditure ($M) [+]20241,400.3
Defence Expenditure (%Bud.) [+]20243.07%
Expenditure (%GDP) [+]202412.32%chart49.84%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€123chart€7,0372023Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$134chart$7,6112023Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€6chart€5092023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$7chart$5512023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€9chart€9482023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$10chart$1,0252023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€6
Defence Expenditure P.C. [+]2024$6
S&P Rating [+]11/14/2025B-
Fitch Rating [+]11/11/2022B-
Corruption Index [+]202325
Competitiveness Ranking [+]2019116º
Fragile States Index [+]202496.6
RTI Raking [+]202464ºchart140º2024RTI Raking [+]
Innovation Ranking [+]2024113º
Labour
Unemployment rate [+]2024Q23.1%
Unemployed [+]2024Q23,018K
NMW [+]2024$72.3chart$883.02024NMW [+]
NMW [+]2024€65.4chart€799.12024NMW [+]
Human Capital Ranking [+]2017114º
Markets
Euro / Nairas [+]01/21/20261,664.8911
US Dollar exchange rate [+]01/21/20261,420.1920
Prices
CPI (overall index) [+]December 2025-94.7%
Money Market
Key rates [+]09/24/202527.00%
Business
Doing Business [+]2019146ºchart145º2020Doing 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 [+]2022528,000chart18,4002020Annual arrivals [+]
Exports [+]2023€51,032.9Mchart€1.7M2023Exports [+]
Exports [+]2023$55,181.8Mchart$1.9M2023Exports [+]
Exports % GDP [+]202311.33%chart0.68%2023Exports % GDP [+]
Imports [+]2023€45,711.3Mchart€224.0M2023Imports [+]
Imports [+]2023$49,427.7Mchart$242.2M2023Imports [+]
Imports % GDP [+]202310.14%chart88.09%2023Imports % GDP [+]
Trade balance [+]2023€5,321.5Mchart€-222.2M2023Trade balance [+]
Trade balance [+]2023$11,943.9Mchart$-240.4M2023Trade balance [+]
Trade balance % GDP [+]20231.18%chart-87.41%2023Trade balance % GDP [+]
Socio-Demography
Global AgeWatch Ranking [+]201586º
Density [+]2024252chart392024Density [+]
Global Peace Ranking [+]2024147º
Remittance received ($M) [+]201721,967.2chart2.42017Remittance received ($M) [+]
% Immigrant [+]20200.61%chart28.27%2020% Immigrant [+]
% Emigrant [+]20200.78%chart14.76%2020% Emigrant [+]
Birth Rate [+]202332.95‰chart10.90‰2023Birth Rate [+]
Remittance sent ($M) [+]20171,143.7chart18.12017Remittance sent ($M) [+]
Crude death rate [+]202311.74‰chart11.50‰2023Crude death rate [+]
Fertility Rate [+]20234.48chart1.912023Fertility Rate [+]
% risk of poverty [+]202356.2%chart24.9%2006% risk of poverty [+]
Population [+]2024232,679,478chart18,0002024Population [+]
Immigrant stock [+]20201,308,568chart5,0882020Immigrant stock [+]
Emigrant stock [+]20201,670,455chart2,6562020Emigrant stock [+]
HDI [+]20220.548chart0.7972022HDI [+]
Gender Gap Ranking [+]2024125º
Life expectancy [+]202354.46chart69.272023Life expectancy [+]
Suicides [+]201518,095
Suicide rate [+]20159.49
Number of homicides [+]202335,884chart22018Number of homicides [+]
Rate Homicides per 100.000 [+]202315.75chart11.232018Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20230.58chart62.592023CO2 Tons per capita [+]
Annual crude oil production [+]20241,489
Crude Oil Reserves [+]202136,890.0
Consumption GWh [+]202334,218
Generation GWh [+]202342,509
Others
COVID-19 - Deaths [+]12/28/20253,155chart1012/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025267,229chart6,37212/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]11/05/202381,297,810
COVID-19 - Deaths per million population [+]12/28/202513.56chart555.5612/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]11/05/2023133,048,024chart31,93111/04/2021Doses administered [+]
Nigeria
Palau
  • Capital: Ngerulmud
  • Population: 18,000
  • Surface Area: 460 km2
  • Currency: United States dollars
  • Religion: Mostly Christianity
  • Belongs to: ACP, IMF, UN, PIF