Nominal GDP of USD 363 billion in 2023. GDP per capita of USD 1,636 compared to the global average of USD 10,589. Average real GDP growth of 2.3% over the last decade. Share of the region's population Created with Highcharts 12.1.2Nigeria25.2%Nigeria25.2%Ethiopia12.1%...
widespread lack of access: due to persistent civil conflict in the northern areas, floods, high food prices, and an economic slowdown - about 25.3 million people are projected to face acute food insecurity during the June to August 2023 lean season; this would be a significant deterioration comp...
GDP Per Capita, PPP $6,318 GDP $363 billion Population 223,804,632 Area 923,768 SQ.KM The Federal Republic of Nigeria claimed its independence from the U. K. in 1960, becoming the most populous country in Africa. The Niger River connects Nigeria to its West African neighbors along the ...
Hong Kong GDP Forecast: $1.315 Trillion in 2024, $1.357 Trillion projected for 2025 (PPP). GDP in Nigeria is estimated to be $1.315 Trillion international dollars at the end of 2024 in GDP PPP terms. Looking ahead to 2025, projections suggest Hong Kong's 2025 GDP estimate could be $1.357...
Definition:GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchase...
Economy of Nigeria : Gross Domestic Product GDP- $387 billion GDP per Capita- $2,600 GDP growth rate- 8.2% Economy of Nigeria : Type of Economy -Nigeria has a Mixed Economy - Government controls much of the Oil and Banking industries, but allows private ownership in smaller, service orient...
that the real gross domestic product (GDP) growth of the Western and Central Africa (AFW) subregion is estimated to decline to 3.4 per cent in 2023, from 3.7 per cent in 2022, while that of Eastern and Southern Africa (AFE) declines to 3.0 per cent in 2023, from 3.5 per cent in ...
The table below is an imperfect attempt at assessing Nigeria's Income per capita level (proxied as World Economics GDP per capita) and Nigeria's Asset wealth per capita (proxied by data derived from the Credit Suisse Wealth Report), and using Untited Nations population data. ...
The main drivers are GDP/capita, level of digitization, and consumer attitudes toward apps. Additional notes:The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated ...
that credit to the private sector by banks also has a positive impact on GDP; that the value of share traded in stock market, the turnover ratio, the investments all have positive influence on economic growth; that inflation and government expenditure are strong policy variables in the long ru...