Indicators of economy in Nigeria
The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.181 US Dollar per capita. The GDP in Nigeria reached 2.230 US Dollar per capita. The gross national product has been at 2.030 US Dollar per capita. Nigeria is therefore currently ranked 26 of the major economies.
Inflation in Nigeria was in 2019 at around 11.40%. For the the EU, the average of the same was year at 1.63%.
Compared to Germany, the prices for convenience goods are approximately 52.40% lower.
The Corruption Perceptions Index for the public sector counts 26 and is compared to other countries very bad.Back to overview: Nigeria