Search results
Results from the WOW.Com Content Network
The estimates can therefore differ from other estimates, like the national poverty rate. Nigeria is the country with the most people living in extreme poverty worldwide since 2019, overtaking much more populous India. [1] The poverty rate in Nigeria remains one of the world's highest and is especially high in the north of the country.
Nigeria had one of the world's highest economic growth rates, averaging 7.4% according to the Nigeria economic report that was released in July 2019 by the World Bank. [1] Following the oil price collapse in 2014–2016, combined with negative production shocks, the gross domestic product (GDP) growth rate dropped to 2.7% in 2015.
This article presents two lists of Nigerian states by Human Development Index (HDI), including the Federal Capital Territory. The first list from the Radboud University Nijmegen ranks the states by the international HDI-methology. The second list ranks the states by an own methology from the United Nations Development Programme.
Nigeria: Sub-Saharan Africa Lower middle income 40.1% 2018 Nicaragua: Latin America & Caribbean Lower middle income N/A Netherlands: Europe & Central Asia High income 14.5% 2021 Norway: Europe & Central Asia High income 12.2% 2021 Nepal: South Asia Lower middle income 20.3% 2022 Nauru: East Asia & Pacific High income N/A
The table below presents the latest Human Development Index (HDI) for countries in Africa as included in the United Nations Development Programme's Human Development Report, released on 13 March 2024 and based on data collected in 2024.
Over 1.2 million people living in Nigeria (0.5% of its total population, or 1 in every 200 people living in Nigeria) are from a continent other than Africa. There are 100,000 people from the United States, [ 14 ] 75,000 are from Lebanon , [ 15 ] 60,000 are from China [ 16 ] and 16,000 are from the United Kingdom.
Income ratios include the pre-tax national income share held by top 10% of the population and the ratio of the upper bound value of the ninth decile (i.e. the 10% of people with highest income) to that of the upper bound value of the first decile (the ratio of the average income of the richest 10% to the poorest 10%).
One relative measurement would be to compare the total wealth of the poorest one-third of the population with the total wealth of the richest 1% of the population. In this case, the number of people counted as poor could increase while their income rises. There are several different income inequality metrics; one example is the Gini coefficient.