Nigeria Nigeria

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Nigeria, is a country located at Western Africa, it has an area of 923,770 Km2.

Nigeria, with a population of 213,401,323 people, it is one of the most populous country in thw world and has a population density of 231 people per km2.

It's capital is Abuja and its currency is Nairas

Nigeria is holding the 33 position by nominal GDP. Its national debt in 2020 was 129,758 millions of euros (148,091 millions of dollars), ( 34.49% debt-to-GDP ratio) and its public debt per capita is €623 euros per inhabitant$711 dollars per inhabitant.

The last annual rate of CPI published in Nigeria was on February of 2023 and it was 21.9%.

In terms of the human development index (HDI) of Nigeria, which is the index used by the United Nations to measure the progress of a country, was 0.535 points in 2021, leaving it in 164th place in the table of 191 countries published.

If the reason to visit Nigeria are business, you must know it's in the 146th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Nigeria, if you want to see information about other countries click here

Abuja: Monthly Temp.
Abuja: Monthly Rainfall
Nigeria Economy
Annual GDP [+]2021€373,639M
Annual GDP [+]2021$440,834M
GDP per capita [+]2021€1,751
GDP per capita [+]2021$2,066
Debt (M.€.) [+]2020129,758
Debt ($M) [+]2020148,091
Debt (%GDP) [+]202034.49%
Debt Per Capita [+]2020€623
Debt Per Capita [+]2020$711
Deficit (M.€) [+]2020-20,988
Deficit ($M) [+]2020-23,954
Deficit (%GDP) [+]2020-5.58%
Expenditure (M.€) [+]202045,466.6
Expenditure ($M) [+]202051,890.2
Education Expenditure ($M) [+]1975851.1
Education Expenditure (%Bud.) [+]20215.68%
Gov. Health Exp. (M.€) [+]20171,772.3
Gov. Health Exp.($M) [+]20172,001.4
Gov. Health Exp. (%Bud.) [+]20174.60%
Defence Expenditure (M.€) [+]20213,625.2
Defence Expenditure ($M) [+]20214,277.2
Defence Expenditure (%Bud.) [+]20217.32%
Expenditure (%GDP) [+]202012.08%
Expenditure Per Capita [+]2020€218
Expenditure Per Capita [+]2020$249
Education Expenditure P.C [+]1975$14
Gov. Health Exp. P.C. [+]2017€9
Gov. Health Exp. P.C. [+]2017$10
Defence Expenditure P.C. [+]2021€17
Defence Expenditure P.C. [+]2021$20
S&P Rating [+]02/03/2023B-
Fitch Rating [+]11/11/2022B-
Corruption Index [+]202224
Competitiveness Ranking [+]2019116º
Fragile States Index [+]201899.9
RTI Raking [+]09/28/201861º
Innovation Ranking [+]2018118º
Unemployment rate [+]2016Q47.2%
Unemployed [+]2016Q45,821K
NMW [+]2022$72.6
NMW [+]2022€64.2
Human Capital Ranking [+]2017114º
Euro / Nairas [+]03/29/2023499.6639
US Dollar exchange rate [+]03/29/2023460.3500
CPI (overall index) [+]February 202321.9%
Money Market
Key rates [+]03/22/202318.00%
Doing Business [+]2019146º
Passengers vehicles Year [+]December 20195,100
Annual Vehicles/ 1,000 p. [+]December 20190.05
Vehicles / 1,000 people [+]201520.38
Tax Revenue (%GDP) [+]20205.5%
Standard VAT [+]01/01/20207.50%
Top tax rate + SSC [+]202024.0%
Annual arrivals [+]20165,265,000
Exports [+]2021€38,993.4M
Exports [+]2021$46,117.4M
Exports % GDP [+]202110.44%
Imports [+]2021€63,161.0M
Imports [+]2021$74,700.5M
Imports % GDP [+]202116.90%
Trade balance [+]2021€-24,167.7M
Trade balance [+]2021$-28,583.1M
Trade balance % GDP [+]2021-6.47%
Global AgeWatch Ranking [+]201586º
Density [+]2021231
Global Peace Ranking [+]2022143º
Remittance received ($M) [+]201721,967.2
% Immigrant [+]20190.62%
% Emigrant [+]20190.71%
Birth Rate [+]202037.47‰
Remittance sent ($M) [+]20171,143.7
Crude death rate [+]202013.00‰
Fertility Rate [+]20205.31
% risk of poverty [+]201840.1%
Population [+]2021213,401,323
Immigrant stock [+]20191,256,408
Emigrant stock [+]20191,438,331
HDI [+]20210.535
Gender Gap Ranking [+]2022123º
Life expectancy [+]202052.89
Suicides [+]201518,095
Suicide rate [+]20159.83
Number of homicides [+]201944,200
Rate Homicides per 100.000 [+]201921.99
Energy and Environment
CO2 Tons per capita [+]20210.60
Annual crude oil production [+]20211,541
Crude Oil Reserves [+]202136,890.0
Consumption GWh [+]202126,596
Generation GWh [+]202131,458
COVID-19 - Deaths [+]03/29/20233,155
COVID-19 - Confirmed [+]03/29/2023266,660
Fully vaccinated [+]03/19/202369,793,071
COVID-19 - Deaths per million population [+]03/29/202314.78
Doses administered [+]03/19/2023116,606,863