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 206,139,587 people, it is one of the most populous country in thw world and has a population density of 223 people per km2.

It's capital is Abuja and its currency is Nairas

Nigeria is holding the 31 position by nominal GDP. Its national debt in 2020 was 129,946 millions of euros (148,091 millions of dollars), ( 34.49% debt-to-GDP ratio) and its public debt per capita is €630 euros per inhabitant$718 dollars per inhabitant.

The last annual rate of CPI published in Nigeria was on April of 2022 and it was 16.8%.

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 0.539 points in 2019, leaving it in 161th place in the table of 189 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
Gouvernement
Annual GDP [+]2020€376,808M
Annual GDP [+]2020$429,423M
GDP per capita [+]2020€1,828
GDP per capita [+]2020$2,083
Debt (M.€.) [+]2020129,946
Debt ($M) [+]2020148,091
Debt (%GDP) [+]202034.49%
Debt Per Capita [+]2020€630
Debt Per Capita [+]2020$718
Deficit (M.€) [+]2020-21,312
Deficit ($M) [+]2020-24,288
Deficit (%GDP) [+]2020-5.66%
Expenditure (M.€) [+]202045,131.0
Expenditure ($M) [+]202051,432.8
Education Expenditure ($M) [+]1975851.1
Education Expenditure (%Bud.) [+]20215.68%
Gov. Health Exp. (M.€) [+]20171,775.9
Gov. Health Exp.($M) [+]20172,001.4
Gov. Health Exp. (%Bud.) [+]20174.60%
Defence Expenditure (M.€) [+]20202,366.0
Defence Expenditure ($M) [+]20202,696.4
Defence Expenditure (%Bud.) [+]20204.96%
Expenditure (%GDP) [+]202011.98%
Expenditure Per Capita [+]2020€219
Expenditure Per Capita [+]2020$250
Education Expenditure P.C [+]1975$13
Gov. Health Exp. P.C. [+]2017€9
Gov. Health Exp. P.C. [+]2017$10
Defence Expenditure P.C. [+]2020€11
Defence Expenditure P.C. [+]2020$13
S&P Rating [+]03/26/2020B-
Fitch Rating [+]04/06/2020B
Corruption Index [+]202124
Competitiveness Ranking [+]2019116º
Fragile States Index [+]201899.9
RTI Raking [+]09/28/201861º
Innovation Ranking [+]2018118º
Labour
Unemployment rate [+]2016Q47.2%
Unemployed [+]2016Q45,821K
NMW [+]2013$114.4
NMW [+]2013€87.9
Human Capital Ranking [+]2017114º
Markets
Euro / Nairas [+]05/24/2022445.1145
US Dollar exchange rate [+]05/24/2022415.1800
Prices
CPI (overall index) [+]April 202216.8%
Money Market
Key rates [+]05/25/202213.00%
Business
Doing Business [+]2019146º
Passengers vehicles Year [+]December 20195,100
Annual Vehicles/ 1,000 p. [+]December 20190.05
Vehicles / 1,000 people [+]201520.70
Taxes
Tax Revenue (%GDP) [+]20196.0%
Standard VAT [+]01/01/20207.50%
Top tax rate + SSC [+]202024.0%
Trade
Annual arrivals [+]20165,265,000
Exports [+]2021€38,993.4M
Exports [+]2021$46,117.4M
Exports % GDP [+]20208.28%
Imports [+]2021€63,161.0M
Imports [+]2021$74,700.5M
Imports % GDP [+]202012.87%
Trade balance [+]2021€-24,167.7M
Trade balance [+]2021$-28,583.1M
Trade balance % GDP [+]2020-4.59%
Socio-Demography
Global AgeWatch Ranking [+]201586º
Density [+]2020223
Global Peace Ranking [+]2021146º
Remittance received ($M) [+]201721,967.2
% Immigrant [+]20190.63%
% Emigrant [+]20190.72%
Birth Rate [+]201937.45‰
Remittance sent ($M) [+]20171,143.7
Crude death rate [+]201911.63‰
Fertility Rate [+]20195.32
% risk of poverty [+]201840.1%
Population [+]2020206,139,587
Immigrant stock [+]20191,256,408
Emigrant stock [+]20191,438,331
HDI [+]20190.539
Gender Gap Ranking [+]2020128º
Life expectancy [+]201954.69
Suicides [+]201518,095
Suicide rate [+]20159.99
Number of homicides [+]201664,201
Rate Homicides per 100.000 [+]201634.52
Energy and Environment
CO2 Tons per capita [+]20200.62
Annual crude oil production [+]20211,541
Crude Oil Reserves [+]202136,890.0
Consumption GWh [+]201924,611
Generation GWh [+]202028,154
Others
COVID-19 - Deaths [+]05/23/20223,143
COVID-19 - Confirmed [+]05/23/2022255,937
Fully vaccinated [+]05/15/202216,817,979
COVID-19 - Deaths per million population [+]05/23/202215.25
Doses administered [+]05/15/202241,091,354