The GDP of Nigeria is $432.3 billion, which equates to a GDP per capita of $206. The African country is ranked 125 out of 127 on the Economic Complexity Index (ECI). Nigeria’s Top 5 Commodity Exports Crude Petroleum– $30 billion ...
China’s recent post-COVID-19 reopening is driving a consumer rebound, supporting regional and global growth. We expect China’s economy to grow 5.8 per cent in 2023, up from 3.0 per cent in 2022. Household consumption is likely to contribute 4-4.5ppt to this year’s GDP growth, up fro...
Yameogo, C.E., Dauda, R.O.: The effect of income inequality and economic growth on environmental quality: a comparative analysis between Burkina Faso and Nigeria. J. Pub. Aff. 22, e2566 (2020) Article Google Scholar Yang, Y., Greaney, T.M.: Economic growth and income inequality in...
GDP Per Capita: $16,162 GDP Growth (2008-2018): -0.16% Overall, Hungary ranked135thout of 196 countries in terms of GDP per capita growth. Details on Hungary’s Exports/Imports Additional information on Hungary’s exports and imports is useful to get an idea of where the country stands ...
South Africa is Africa’s largest and most developed market, accounting for 10.4 per cent of the MSCI EmergingMarkets Index. The next two biggest are Egypt (0.8 per cent) and Morocco (0.3 per cent). Others, such as Kenya, Ghana, Nigeria, Tunisia, Namibia, Botswana, Zimbabwe and Ivory Coa...
Nigeria Turkey You’ll notice that all four of these appeared in the Next Eleven category – think of MINT as an update to N-11. The economic outlook for MINT countries is bright: Goldman Sachs predicts that all four nations could be inside the top 20 economies by 2050, with ...
Renaming a government's ministry alone won't achieve much. So, it is imperative that the Nigerian government support the lofty move with sufficient investment in digital technologies if it truly desires to turn its economy around. This is one area Nigeria needs to learn from China where the ...
Nigeria,the first African country to roll out a CBDC, launched eNaira in October 2021. Sub-Saharan Africa is poised to adopt CBDCs. The widespread use of M-PESA, a mobile money transfer service, has established a strong social and financial infrastructurefor the potential future use of CBDCs...
25 Nigeria 1,280,716 BRICS current and prospective members * International dollars represent the purchasing power equivalent of US$1 when comparing national economies. Source – World Bank, RBC Wealth Management The power of pragmatic policy From our vantage point, the Western press and foreign ...
2024 Review: Major events, reforms that shaped Nigeria’s education sector, Premium Times Looking back 2024: Education sector in Bangladesh remains neglected, New Age “Learning losses to the students of all levels [in Bangladesh] were caused by not only the mass uprising, which began with the...