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Nigerian States by Estimated GDP, 2021 Nigerian States by GDP, 2010. The following table presents a listing of Nigeria's 36 states ranked in order of their estimated total GDP in 2021 according to a 2022 report by BudgIT. [1]
Inflation rate (in Percent) Government debt (in % of GDP) 1990 165.5 ... The current GDP per capita of Nigeria expanded 132% in the sixties reaching a peak growth of ...
Telecommunications / Postal Service is accountable for 3.87% of the GDP; Manufacturing is accountable for 3.95% of the GDP; Building & Construction is accountable for 1.94% of the GDP; Crude Petroleum & Natural Gas is accountable for 16.01% of the GDP; Agriculture is accountable for 43% of the GDP; Non-oil Growth was about 8.27%
Nigeria joined the IMF on March 30, 1961. [1] Nigeria is Africa's most populous country, with 222.182 million citizens. [1] The nation's IMF quota stands at 2454.5 million (SDR) along with its special drawing rights amounting to 3702.34 million (SDR). [1] As of July 2023, Nigeria experienced a 3.2 GDP change. [2]
The debt-to-GDP ratio of Nigeria has fluctuated over the years, reaching a peak of 75% in 1991, following the Nigerian Structural Adjustment Program, and a low of 7.3% in 2008, after the Paris Club debt relief. [5] [6] As of November 2023, the debt-to-GDP ratio of Nigeria was 38.79%, which was below the average of 56.3% for Sub-Saharan Africa ...
PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than nominal GDP. [4] On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. [5]
Nigeria’s statistics agency on Thursday reported the country’s unemployment rate as 4.1%, the lowest in many years, but one analysts said was an undercount because of the agency's new methodology.
This article lists countries alphabetically, with total government expenditure as percentage of Gross domestic product (GDP) for the listed countries. Also stated is the government revenue and net lending/borrowing of the government as percentage of GDP. All Data is based on the World Economic Outlook Databook of the International Monetary Fund.