Country vs country: Economy Stats: compare key data on Australia & Nigeria and Economy Stats: compare key data on Australia & Nigeria compared Economy

STAT Australia Nigeria HISTORY
Budget > Revenues $504.70 billion
Ranked 10th. 23 times more than Nigeria 		$22.35 billion
Ranked 67th.
Budget surplus > + or deficit > - -3.4% of GDP
Ranked 109th. 62% more than Nigeria 		-2.1% of GDP
Ranked 72nd.
Debt > Government debt > Public debt, share of GDP 29.3 CIA
Ranked 117th. 56% more than Nigeria 		18.8 CIA
Ranked 129th.
Overview The Australian economy has experienced continuous growth and features low unemployment, contained inflation, very low public debt, and a strong and stable financial system. By 2012, Australia had experienced more than 20 years of continued economic growth, averaging 3.5% a year. Demand for resources and energy from Asia and especially China has grown rapidly, creating a channel for resources investments and growth in commodity exports. The high Australian dollar has hurt the manufacturing sector, while the services sector is the largest part of the Australian economy, accounting for about 70% of GDP and 75% of jobs. Australia was comparatively unaffected by the global financial crisis as the banking system has remained strong and inflation is under control. Australia has benefited from a dramatic surge in its terms of trade in recent years, stemming from rising global commodity prices. Australia is a significant exporter of natural resources, energy, and food. Australia's abundant and diverse natural resources attract high levels of foreign investment and include extensive reserves of coal, iron, copper, gold, natural gas, uranium, and renewable energy sources. A series of major investments, such as the US$40 billion Gorgon Liquid Natural Gas project, will significantly expand the resources sector. Australia is an open market with minimal restrictions on imports of goods and services. The process of opening up has increased productivity, stimulated growth, and made the economy more flexible and dynamic. Australia plays an active role in the World Trade Organization, APEC, the G20, and other trade forums. Australia has bilateral free trade agreements (FTAs) with Chile, Malaysia, New Zealand, Singapore, Thailand, and the US, has a regional FTA with ASEAN and New Zealand, is negotiating agreements with China, India, Indonesia, Japan, and the Republic of Korea, as well as with its Pacific neighbors and the Gulf Cooperation Council countries, and is also working on the Trans-Pacific Partnership Agreement with Brunei Darussalam, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the US, and Vietnam. Oil-rich Nigeria has been hobbled by political instability, corruption, inadequate infrastructure, and poor macroeconomic management, but in 2008 began pursuing economic reforms. Nigeria's former military rulers failed to diversify the economy away from its overdependence on the capital-intensive oil sector, which provides 95% of foreign exchange earnings and about 80% of budgetary revenues. Following the signing of an IMF stand-by agreement in August 2000, Nigeria received a debt-restructuring deal from the Paris Club and a $1 billion credit from the IMF, both contingent on economic reforms. Nigeria pulled out of its IMF program in April 2002, after failing to meet spending and exchange rate targets, making it ineligible for additional debt forgiveness from the Paris Club. In November 2005, Abuja won Paris Club approval for a debt-relief deal that eliminated $18 billion of debt in exchange for $12 billion in payments - a total package worth $30 billion of Nigeria's total $37 billion external debt. Since 2008 the government has begun to show the political will to implement the market-oriented reforms urged by the IMF, such as modernizing the banking system, removing subsidies, and resolving regional disputes over the distribution of earnings from the oil industry. GDP rose strongly in 2007-12 because of growth in non-oil sectors and robust global crude oil prices. President JONATHAN has established an economic team that includes experienced and reputable members and has announced plans to increase transparency, diversify economic growth, and improve fiscal management. Lack of infrastructure and slow implementation of reforms are key impediments to growth. The government is working toward developing stronger public-private partnerships for roads, agriculture, and power. Nigeria's financial sector was hurt by the global financial and economic crises, but the Central Bank governor has taken measures to restructure and strengthen the sector to include imposing mandatory higher minimum capital requirements.
Exports $257.90 billion
Ranked 22nd. 3 times more than Nigeria 		$95.68 billion
Ranked 38th.
GDP $1.52 trillion
Ranked 13th. 6 times more than Nigeria 		$262.61 billion
Ranked 37th.
GDP > Composition, by sector of origin > Services 68.9%
Ranked 55th. 3 times more than Nigeria 		26%
Ranked 185th.
GDP > Per capita $37,828.78 per capita
Ranked 15th. 16 times more than Nigeria 		$2,334.26 per capita
Ranked 82nd.
GDP > Per capita > PPP $42,000.00
Ranked 10th. 16 times more than Nigeria 		$2,700.00
Ranked 141st.
GDP > Purchasing power parity per capita $40,316.70
Ranked 11th. 17 times more than Nigeria 		$2,315.48
Ranked 138th.
GDP per capita $67,035.57
Ranked 5th. 43 times more than Nigeria 		$1,555.41
Ranked 133th.
Gross National Income $386.00 billion
Ranked 14th. 10 times more than Nigeria 		$37.13 billion
Ranked 48th.
Inflation rate > Consumer prices 1.8%
Ranked 168th. 		12.2%
Ranked 17th. 7 times more than Australia
Public debt 32.4% of GDP
Ranked 107th. 81% more than Nigeria 		17.9% of GDP
Ranked 130th.
Unemployment rate 5.2%
Ranked 88th. 6% more than Nigeria 		4.9%
Ranked 90th.
Exports per capita $11,369.45
Ranked 28th. 20 times more than Nigeria 		$566.71
Ranked 124th.
Distribution of family income > Gini index 30.3
Ranked 29th. 		43.7
Ranked 6th. 44% more than Australia
Human Development Index 0.955
Ranked 3rd. 2 times more than Nigeria 		0.453
Ranked 158th.
Tourist arrivals > Per capita 265.91 per 1,000 people
Ranked 82nd. 35 times more than Nigeria 		7.67 per 1,000 people
Ranked 167th.
GDP > Purchasing power parity $961.00 billion
Ranked 18th. 2 times more than Nigeria 		$444.30 billion
Ranked 30th.
Currency > PPP conversion factor to official exchange rate ratio 1.13
Ranked 14th. 69% more than Nigeria 		0.67
Ranked 43th.
Fiscal year 1 calendar year
GDP > Composition by sector > Industry 26.6%
Ranked 108th. 		43%
Ranked 24th. 62% more than Australia
Currency > Official exchange rate > LCU per US$, period average $0.97
Ranked 155th. 		$156.81
Ranked 45th. 162 times more than Australia
Inequality > GINI index 35.19
Ranked 15th. 		42.93
Ranked 9th. 22% more than Australia
Imports per capita $11,594.28
Ranked 29th. 37 times more than Nigeria 		$316.05
Ranked 158th.
Gross National Income per capita $19,883.58
Ranked 19th. 67 times more than Nigeria 		$294.69
Ranked 136th.
Tax > Highest marginal tax rate > Individual rate 45%
Ranked 13th. 80% more than Nigeria 		25%
Ranked 15th.
GDP per capita in 1950 $7,218.00
Ranked 5th. 13 times more than Nigeria 		$547.00
Ranked 48th.
Technology index 4.93
Ranked 16th. 65% more than Nigeria 		2.99
Ranked 86th.
Development > Human Development Index 0.938
Ranked 2nd. Twice as much as Nigeria 		0.471
Ranked 151st.
GDP > Per capita > PPP per thousand people $1.85
Ranked 81st. 116 times more than Nigeria 		$0.02
Ranked 180th.
Exports > Commodities coal, iron ore, gold, meat, wool, alumina, wheat, machinery and transport equipment petroleum and petroleum products 95%, cocoa, rubber
Poverty and inequality > Richest quintile to poorest quintile ratio 7
Ranked 1st. 		9.7
Ranked 11th. 39% more than Australia
Imports $263.00 billion
Ranked 20th. 5 times more than Nigeria 		$53.36 billion
Ranked 51st.
Budget > Expenditures $556.10 billion
Ranked 11th. 20 times more than Nigeria 		$27.87 billion
Ranked 66th.
GINI index 35.19
Ranked 11th. 		43.7
Ranked 14th. 24% more than Australia
Reserves of foreign exchange and gold per capita $1,280.46
Ranked 44th. 4 times more than Nigeria 		$348.74
Ranked 93th.
Debt > Net foreign assets > Current LCU -335,508,786,761.999
Ranked 165th. 		8.71 trillion
Ranked 18th.
Tourist arrivals 5.59 million
Ranked 35th. 5 times more than Nigeria 		1.11 million
Ranked 78th.
Budget > Revenues > Per capita $15,753.02 per capita
Ranked 19th. 137 times more than Nigeria 		$114.63 per capita
Ranked 79th.
Inbound tourism income > Current US$ $28.47 billion
Ranked 9th. 49 times more than Nigeria 		$586.00 million
Ranked 99th.
GDP per person 42,278.74
Ranked 15th. 38 times more than Nigeria 		1,118.11
Ranked 127th.
Exports > Main exports Ores and metals; wool, food and live animals; fuels, transport machinery and equipment Petroleum, petroleum products, cocoa, rubber
Budget > Revenues per capita $17,951.26
Ranked 11th. 158 times more than Nigeria 		$113.71
Ranked 130th.
Debt > External $1.50 trillion
Ranked 12th. 112 times more than Nigeria 		$13.40 billion
Ranked 89th.
Gross domestic savings > Current US$ per capita 7,443.47$
Ranked 19th. 27 times more than Nigeria 		274.82$
Ranked 75th.
Central bank discount rate 3%
Ranked 3rd. 		4.25%
Ranked 71st. 42% more than Australia
Debt > External > Per capita $40,368.64 per capita
Ranked 13th. 681 times more than Nigeria 		$59.30 per capita
Ranked 129th.
GDP > Composition by sector > Services 69.4%
Ranked 48th. 3 times more than Nigeria 		26%
Ranked 174th.
Tax > GDP > Constant LCU 1.45 trillion
Ranked 59th. 61% more than Nigeria 		902.79 billion
Ranked 72nd.
Tourism > International tourism, number of arrivals per capita 0.263
Ranked 95th. 60 times more than Nigeria 		0.00435
Ranked 162nd.
International tourism > Receipts > Current US$ > Per $ GDP 28.17$ per $1,000 of GDP
Ranked 66th. 41 times more than Nigeria 		0.68$ per $1,000 of GDP
Ranked 131st.
Consumer price index 116.1%
Ranked 90th. 		207.54%
Ranked 13th. 79% more than Australia
GDP > Composition by sector > Agriculture 4%
Ranked 139th. 		30.9%
Ranked 25th. 8 times more than Australia
GDP per capita > PPP > Current international $ 31,794.13 PPP $
Ranked 17th. 28 times more than Nigeria 		1,127.53 PPP $
Ranked 145th.
Industries mining, industrial and transportation equipment, food processing, chemicals, steel crude oil, coal, tin, columbite; rubber products, wood; hides and skins, textiles, cement and other construction materials, food products, footwear, chemicals, fertilizer, printing, ceramics, steel
GDP > Composition, by end use > Imports of goods and services -22%
Ranked 13th. 		-22.8%
Ranked 15th. 4% more than Australia
GDP per capita in 1973 $12,485.00
Ranked 10th. 11 times more than Nigeria 		$1,120.00
Ranked 43th.
GDP per capita > Constant LCU 39738.41 1822.57
Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US $22.57 billion
Ranked 15th. 4 times more than Nigeria 		$5.79 billion
Ranked 33th.
Labor force 12
Ranked 115th. 2 times more than Nigeria 		5
Ranked 153th.
GDP > Real growth rate 3.7%
Ranked 87th. 		6.6%
Ranked 33th. 78% more than Australia
Debt > Government debt > Gross government debt, share of GDP 27.16 IMF
Ranked 136th. 53% more than Nigeria 		17.76 IMF
Ranked 154th.
Debt > Central government debt, total > Current LCU 430.18 billion
Ranked 29th. 		736.08 billion
Ranked 22nd. 71% more than Australia
International tourism > Number of arrivals 5.5 million
Ranked 33th. 6 times more than Nigeria 		962,000
Ranked 78th.
Economic growth > Per capita -0.76
Ranked 74th. 		3.2
Ranked 21st.
Foreign direct investment > Net > BoP > Current US$ per capita 42.74 BoP $
Ranked 73th. 3 times more than Nigeria 		14.42 BoP $
Ranked 84th.
GDP per capita > Constant 2000 US$ 23,039.43 constant 2000 US$
Ranked 20th. 50 times more than Nigeria 		459.31 constant 2000 US$
Ranked 129th.
Economic freedom 82.6
Ranked 3rd. 50% more than Nigeria 		55.1
Ranked 121st.
GDP > Official exchange rate per capita $55,290.43
Ranked 6th. 43 times more than Nigeria 		$1,294.24
Ranked 131st.
Stock of direct foreign investment > At home $610.80 billion
Ranked 13th. 8 times more than Nigeria 		$76.75 billion
Ranked 43th.
Current account balance $-57,140,000,000.00
Ranked 175th. 		$20.35 billion
Ranked 18th.
Agriculture > Products wheat, barley, sugarcane, fruits; cattle, sheep, poultry cocoa, peanuts, cotton, palm oil, corn, rice, sorghum, millet, cassava (tapioca), yams, rubber; cattle, sheep, goats, pigs; timber; fish
Trade > Imports per capita $9,082.13
Ranked 24th. 42 times more than Nigeria 		$214.02
Ranked 129th.
Currency Australian dollar naira
Current account balance > BoP > Current US$ per capita -2,073.392 BoP $
Ranked 129th. 		173.38 BoP $
Ranked 27th.
GNI per capita $49,790.00
Ranked 1st. 39 times more than Nigeria 		$1,280.00
Ranked 53th.
GDP > Purchasing power parity > Per capita $37,828.78 per capita
Ranked 15th. 16 times more than Nigeria 		$2,334.26 per capita
Ranked 82nd.
Companies > Listed domestic companies, total 1,959
Ranked 9th. 10 times more than Nigeria 		192
Ranked 43th.
Trade > Exports per capita $9,548.93
Ranked 25th. 20 times more than Nigeria 		$477.94
Ranked 106th.
Current account balance per capita 0.0
Ranked 128th. 		$173.88
Ranked 36th.
Money and quasi money > M2 > Current LCU 728971000000 2631100000000
Tourism > International tourism, number of arrivals 5.88 million
Ranked 43th. 8 times more than Nigeria 		715,000
Ranked 103th.
Gross national saving 25.2% of GDP
Ranked 45th. 58% more than Nigeria 		15.9% of GDP
Ranked 98th.
Tax > GDP > Constant LCU per capita 63,992.84
Ranked 74th. 12 times more than Nigeria 		5,347.24
Ranked 152nd.
Retail > Gross value added by wholesale, retail trade, restaurants and hotels 171.09 billion
Ranked 13th. 4 times more than Nigeria 		41.05 billion
Ranked 38th.
Companies > Market capitalization of listed companies > Current US$ per capita $56,712.24
Ranked 9th. 170 times more than Nigeria 		$333.99
Ranked 95th.
Market capitalization of listed companies > Current US$ per capita 39,425.43$
Ranked 16th. 172 times more than Nigeria 		229$
Ranked 53th.
Household final > Consumption expenditure > Current US$ per capita 19,092.64$
Ranked 12th. 73 times more than Nigeria 		260.48$
Ranked 122nd.
Budget > Expenditures per capita $19,328.99
Ranked 11th. 104 times more than Nigeria 		$185.03
Ranked 126th.
Reserves > Total reserves > Includes gold, current US$ $49.14 billion
Ranked 36th. 3% more than Nigeria 		$47.55 billion
Ranked 37th.
Stock of broad money None None
Exchange rates Australian dollars (AUD) per US dollar -<br />0.97 (2012 est.)<br />0.97 (2011 est.)<br />1.09 (2010)<br />1.28 (2009)<br />1.21 (2008) nairas (NGN) per US dollar -<br />156.81 (2012 est.)<br />154.74 (2011 est.)<br />150.3 (2010 est.)<br />148.9 (2009)<br />117.8 (2008)
Debt > External per capita $39,251.23
Ranked 15th. 722 times more than Nigeria 		$54.40
Ranked 128th.
Size of economy > Share of world GDP 1.21%
Ranked 14th. 10 times more than Nigeria 		0.12%
Ranked 54th.
Gross fixed capital formation > Current US$ > Per $ GDP 0.255$ per $1 of GDP
Ranked 36th. 22% more than Nigeria 		0.209$ per $1 of GDP
Ranked 77th.
Exports > Partners China 29.5%, Japan 19.3%, South Korea 8%, India 4.9% US 16.8%, India 11.5%, Netherlands 8.6%, Spain 7.8%, Brazil 7.6%, UK 5.1%, Germany 4.9%, Japan 4.1%, France 4.1%
GDP > Official exchange rate $1.52 trillion
Ranked 12th. 6 times more than Nigeria 		$266.60 billion
Ranked 36th.
GDP per capita > PPP > Constant 2000 international $ 28,285.86 PPP 2000 $
Ranked 17th. 28 times more than Nigeria 		1,003.11 PPP 2000 $
Ranked 145th.
Investment > Gross fixed 28.2% of GDP
Ranked 27th. 50% more than Nigeria 		18.8% of GDP
Ranked 109th.
Interest rate spread > Lending rate minus deposit rate 5.35%
Ranked 89th. 		7.42%
Ranked 58th. 39% more than Australia
Income receipts > BoP > Current US$ per capita 797.45 BoP $
Ranked 28th. 158 times more than Nigeria 		5.05 BoP $
Ranked 112th.
Bank liquid > Reserves to bank assets ratio 0.79
Ranked 158th. 		16.7
Ranked 47th. 21 times more than Australia
Tax > Highest marginal tax rate > Corporate rate 30%
Ranked 38th. The same as Nigeria 		30%
Ranked 39th.
Stock of narrow money None None
GDP > Composition, by sector of origin > Industry 27.2%
Ranked 103th. 		43%
Ranked 28th. 58% more than Australia
Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita $6,863.15
Ranked 31st. 13 times more than Nigeria 		$517.09
Ranked 87th.
Debt > Net domestic credit > Current LCU 2.27 trillion
Ranked 45th. 		14.67 trillion
Ranked 18th. 6 times more than Australia
Net current transfers from abroad > Constant LCU -389562400 10639650000
Foreign direct investment > Net inflows > BoP > Current US$ per capita -1,687.696 BoP $
Ranked 165th. 		14.42 BoP $
Ranked 113th.
GDP > Current LCU 959207700000 12989630000000
High-technology > Exports > Current US$ > Per capita $197,747.91 per 1,000 people
Ranked 36th. 1992 times more than Nigeria 		$99.26 per 1,000 people
Ranked 108th.
GDP > Composition, by sector of origin > Agriculture 3.9%
Ranked 137th. 		30.9%
Ranked 21st. 8 times more than Australia
Savings > Gross domestic savings > Current US$ per capita $19,058.32
Ranked 7th. 30 times more than Nigeria 		$634.15
Ranked 73th.
Net barter terms of trade 131.08%
Ranked 1st. 7% more than Nigeria 		122.35%
Ranked 7th.
Tax > Tax payments > Number 11
Ranked 142nd. 		47
Ranked 24th. 4 times more than Australia
Real interest rate 4.2%
Ranked 75th. 		-7.02%
Ranked 123th.
Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP 693.7 BoP $ per $1 million of
Ranked 32nd. 2 times more than Nigeria 		277.74 BoP $ per $1 million of
Ranked 54th.
Inflation 112.58
Ranked 121st. 		141.96
Ranked 33th. 26% more than Australia
Outbound tourist spending 24.9 billion
Ranked 12th. 5 times more than Nigeria 		4.77 billion
Ranked 36th.
Income > GNI, PPP > Current international $ per capita $43,298.36
Ranked 11th. 18 times more than Nigeria 		$2,449.46
Ranked 127th.
Income > GNI per capita, PPP > Current international $ $43,300.00
Ranked 11th. 18 times more than Nigeria 		$2,450.00
Ranked 127th.
GDP > By type of expenditure > Household consumption expenditure per capita 38,080.65
Ranked 6th. 37 times more than Nigeria 		1,042.62
Ranked 154th.
Reserves of foreign exchange and gold $49.15 billion
Ranked 38th. 6% more than Nigeria 		$46.41 billion
Ranked 41st.
Size of economy > GDP > GDP growth 3.4%
Ranked 89th. 		6.55%
Ranked 31st. 93% more than Australia
GDP > Constant 2000 US$ 468.37 billion constant 2000 US$
Ranked 14th. 8 times more than Nigeria 		60.41 billion constant 2000 US$
Ranked 51st.
Tax > Highest marginal tax rate > Individual > On income exceeding > US$ $133,560.00
Ranked 8th. 86 times more than Nigeria 		$1,553.40
Ranked 13th.
International tourism > Expenditures > Current US$ per capita 739.21$
Ranked 17th. 68 times more than Nigeria 		10.8$
Ranked 115th.
Purchasing power parity conversion factor > LCU per international $ 1.48 87.59
GDP > Composition, by end use > Household consumption 54.9%
Ranked 142nd. 16% more than Nigeria 		47.4%
Ranked 163th.
Current transfers > Receipts > BoP > Current US$ 3.26 billion BoP $
Ranked 38th. 		3.33 billion BoP $
Ranked 37th. 2% more than Australia
Innovation > Patent applications, residents per million 106.75
Ranked 27th. 851 times more than Nigeria 		0.126
Ranked 68th.
Tax > Taxes on income, profits and capital gains > Current LCU 204.92 billion
Ranked 30th. 14 times more than Nigeria 		14.14 billion
Ranked 79th.
Debt > Net current transfers from abroad > Current LCU -1,430,131,088.566
Ranked 121st. 		3.39 trillion
Ranked 7th.
Debt > Government debt > Net government debt, share of GDP 11.64 IMF
Ranked 74th. 		13.28 IMF
Ranked 73th. 14% more than Australia
GDP > PPP > Constant 2000 international $ per capita 28,194.6 PPP 2000 $
Ranked 17th. 30 times more than Nigeria 		945.22 PPP 2000 $
Ranked 145th.
Consumption > Consumption by sector > Equals: Household final consumption expenditure 738.41 billion USD
Ranked 12th. 8 times more than Nigeria 		95.91 billion USD
Ranked 37th.
Debt > Central government debt, total > Current LCU per capita 19,269.88
Ranked 33th. 4 times more than Nigeria 		4,868.01
Ranked 52nd.
Net income > BoP > Current US$ > Per capita -1,362,110.286 BoP $ per 1,000 people
Ranked 132nd. 29 times more than Nigeria 		-47,623.385 BoP $ per 1,000 people
Ranked 65th.
GDP > CIA Factbook $571.40 billion
Ranked 16th. 5 times more than Nigeria 		$114.80 billion
Ranked 54th.
Poverty and inequality > Poorest's share in national income or consumption 5.9%
Ranked 9th. About the same as Nigeria 		5.89%
Ranked 9th.
Debt > Net foreign assets > Current LCU per capita -14,790.809
Ranked 164th. 		51,614.17
Ranked 56th.
Tax > GDP > Current LCU 1.47 trillion
Ranked 78th. 		41.18 trillion
Ranked 20th. 28 times more than Australia
GDP > PPP per capita $30,105.33
Ranked 14th. 26 times more than Nigeria 		$1,143.91
Ranked 145th.
GNI 900.68 billion
Ranked 14th. 6 times more than Nigeria 		162.9 billion
Ranked 42nd.
GDP > PPP $605.94 billion
Ranked 16th. 4 times more than Nigeria 		$155.57 billion
Ranked 50th.
Development > Human Development Index > Inequality adjusted 0.864
Ranked 2nd. 3 times more than Nigeria 		0.276
Ranked 118th.
Market capitalization of listed companies > Current US$ 804.07 billion$
Ranked 10th. 24 times more than Nigeria 		32.82 billion$
Ranked 29th.
Companies > Listed domestic companies, total per million 86.36
Ranked 9th. 76 times more than Nigeria 		1.14
Ranked 106th.
Tax > GDP > Current US$ per capita $67,555.76
Ranked 6th. 43 times more than Nigeria 		$1,555.36
Ranked 135th.
Trade > Exports to US $1.43 billion
Ranked 32nd. 		$2.64 billion
Ranked 20th. 85% more than Australia
Industrial production growth rate 3.5%
Ranked 77th. 52% more than Nigeria 		2.3%
Ranked 93th.
Purchasing power parity > GDP per capita > PPP > Current international $ $39,230.73
Ranked 10th. 18 times more than Nigeria 		$2,203.35
Ranked 124th.
World trade > Exports 205.67 billion
Ranked 27th. 3 times more than Nigeria 		62.05 billion
Ranked 38th.
Labor force > By occupation > Agriculture 3.6%
Ranked 155th. 		70%
Ranked 32nd. 19 times more than Australia
Tourist arrivals by region of origin > Europe 1.33 million
Ranked 41st. 3 times more than Nigeria 		459,985
Ranked 63th.
Bank capital to assets ratio 5.9%
Ranked 61st. 		9.9%
Ranked 33th. 68% more than Australia
Labor force > By occupation > Services 75%
Ranked 2nd. 4 times more than Nigeria 		20%
Ranked 3rd.
Companies > Stock market > Stocks traded, total value > Current US$ per capita $46,361.51
Ranked 4th. 1862 times more than Nigeria 		$24.90
Ranked 85th.
Lending interest rate 9.06%
Ranked 94th. 		17.95%
Ranked 27th. 98% more than Australia
Industrial > Production growth rate 3%
Ranked 105th. 		4%
Ranked 84th. 33% more than Australia
Tax > Taxes on income, profits and capital gains > Current LCU per capita 9,179.53
Ranked 35th. 98 times more than Nigeria 		93.49
Ranked 113th.
Tax > GDP per capita > Constant LCU 63,992.84
Ranked 74th. 12 times more than Nigeria 		5,347.24
Ranked 152nd.
Spending > Household final consumption expenditure per capita > Constant 2000 US$ $21,651.27
Ranked 10th. 41 times more than Nigeria 		$522.34
Ranked 90th.
Income > GDP per capita, PPP > Current international $ $44,597.83
Ranked 10th. 17 times more than Nigeria 		$2,665.68
Ranked 133th.
Debt > Interest rates > Central bank discount rate 2.5%
Ranked 82nd. 		9.5%
Ranked 38th. 4 times more than Australia
Currency > Real effective exchange rate index > 2005 = 100 126.05
Ranked 22nd. 		135.58
Ranked 8th. 8% more than Australia
Net domestic credit > Current LCU 1053199000000 1169839000000
International tourism > Receipts > Current US$ per capita 1,011.88$
Ranked 21st. 2808 times more than Nigeria 		0.36$
Ranked 137th.
Retail > Gross value added by wholesale, retail trade, restaurants and hotels per capita 7,542.37
Ranked 16th. 31 times more than Nigeria 		243.13
Ranked 151st.
GDP > By type of expenditure > Household consumption expenditure 863.81 billion
Ranked 11th. 5 times more than Nigeria 		176.03 billion
Ranked 36th.
Commercial bank prime lending rate 6.98%
Ranked 124th. 		16.79%
Ranked 34th. 2 times more than Australia
Companies > Market capitalization of listed companies > Current US$ $1.29 trillion
Ranked 9th. 23 times more than Nigeria 		$56.39 billion
Ranked 48th.
Current account balance > BoP > Current US$ -42,286,420,000 BoP $
Ranked 134th. 		24.2 billion BoP $
Ranked 13th.
Trade > Imports $200.40 billion
Ranked 20th. 6 times more than Nigeria 		$34.18 billion
Ranked 54th.
Currency > Real effective exchange rate index 125.9%
Ranked 9th. 2% more than Nigeria 		123.81%
Ranked 11th.
Currency > Official exchange rate > LCU per US$ > Period average 1.33 131.27
Oil > Exports 312,600 bbl/day
Ranked 39th. 		2.1 million bbl/day
Ranked 7th. 7 times more than Australia
GDP > CIA Factbook per capita $28,720.21
Ranked 13th. 33 times more than Nigeria 		$866.09
Ranked 149th.
GDP > Composition, by end use > Exports of goods and services 20.1%
Ranked 164th. 		55.4%
Ranked 57th. 3 times more than Australia
Purchasing power parity > GNI per capita > PPP > Current international $ $38,210.00
Ranked 8th. 18 times more than Nigeria 		$2,070.00
Ranked 118th.
Income > Health expenditure per capita, PPP > Constant 2005 international $ $3,691.55
Ranked 14th. 26 times more than Nigeria 		$139.45
Ranked 143th.
Consumption > Consumption by sector > Equals: Household final consumption expenditure per capita 33,076.97 USD
Ranked 6th. 54 times more than Nigeria 		617.26 USD
Ranked 73th.
Spending > Household final consumption expenditure > Current US$ per capita $36,154.56
Ranked 3rd. 49 times more than Nigeria 		$737.91
Ranked 110th.
Tax > GDP > Current LCU per capita 65,008.55
Ranked 89th. 		243,895.61
Ranked 64th. 4 times more than Australia
Debt > Strength of legal rights index > 0=weak to 10=strong per million 0.441
Ranked 108th. 8 times more than Nigeria 		0.0533
Ranked 171st.
Oil > Production 549,200 bbl/day
Ranked 29th. 		2.46 million bbl/day
Ranked 10th. 4 times more than Australia
Economy growth 1.29
Ranked 68th. 		5.6
Ranked 19th. 4 times more than Australia
Trade > Exports > Exports of goods and services 311.29 billion
Ranked 19th. 3 times more than Nigeria 		107.06 billion
Ranked 37th.
Purchasing power parity > Gross domestic product per capita > PPP 34,259.08
Ranked 12th. 17 times more than Nigeria 		2,000.78
Ranked 123th.
Trade > Export value index 138.27%
Ranked 17th. 		147.1%
Ranked 41st. 6% more than Australia
Debt > Interest payments > Current LCU 16.99 billion
Ranked 51st. 		158 billion
Ranked 21st. 9 times more than Australia
Electricity > Consumption per capita 10,540.39 kWh
Ranked 9th. 88 times more than Nigeria 		119.97 kWh
Ranked 125th.
Market capitalization of listed companies > Current US$ > Per $ GDP 1,097.71$ per $1,000 of GDP
Ranked 23th. 6 times more than Nigeria 		195.61$ per $1,000 of GDP
Ranked 79th.
GDP > CIA Factbook > Per capita $28,752.58 per capita
Ranked 13th. 34 times more than Nigeria 		$852.52 per capita
Ranked 157th.
Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita $19,670.48
Ranked 9th. 23 times more than Nigeria 		$872.59
Ranked 94th.
GDP > Composition, by end use > Government consumption 18.2%
Ranked 63th. 54% more than Nigeria 		11.8%
Ranked 144th.
GDP > Per $ GDP $37,828.78 per $1 of GDP
Ranked 15th. 16 times more than Nigeria 		$2,334.26 per $1 of GDP
Ranked 82nd.
Spending > Household final consumption expenditure, etc. > Current US$ $827.42 billion
Ranked 13th. 7 times more than Nigeria 		$124.58 billion
Ranked 43th.
Entrepreneurship > Starting a Business > Index ranking 2
Ranked 153th. 		105
Ranked 50th. 53 times more than Australia
GDP > Constant 2000 US$ per capita 22,965.1 constant 2000 US$
Ranked 20th. 53 times more than Nigeria 		432.8 constant 2000 US$
Ranked 129th.
GNI > Current US$ per capita 34,559.4$
Ranked 15th. 56 times more than Nigeria 		621.5$
Ranked 126th.
Gross domestic savings > Current US$ 149.82 billion$
Ranked 15th. 4 times more than Nigeria 		38.36 billion$
Ranked 34th.
Trade > Exports $210.70 billion
Ranked 20th. 3 times more than Nigeria 		$76.33 billion
Ranked 38th.
Purchasing power parity > GDP > PPP > Current international $ $858.17 billion
Ranked 17th. 3 times more than Nigeria 		$340.92 billion
Ranked 31st.
Entrepreneurship > Hiring and Firing > Index ranking 14
Ranked 140th. 		27
Ranked 127th. 93% more than Australia
Income > GDP, PPP > Current international $ per capita $44,597.83
Ranked 10th. 17 times more than Nigeria 		$2,665.68
Ranked 133th.
Total > Reserves in months of imports 2.68
Ranked 82nd. 		10.72
Ranked 6th. 4 times more than Australia
Imports > Commodities machinery and transport equipment, computers and office machines, telecommunication equipment and parts; crude oil and petroleum products machinery, chemicals, transport equipment, manufactured goods, food and live animals
Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults 165.95
Ranked 5th. 15 times more than Nigeria 		11.39
Ranked 120th.
Inflation > Consumer price index > 2005 = 100 121.81
Ranked 133th. 		200.79
Ranked 26th. 65% more than Australia
Gross domestic savings > Current US$ > Per $ GDP 228.51$ per $1,000 of GDP
Ranked 63th. 		387.68$ per $1,000 of GDP
Ranked 17th. 70% more than Australia
GDP > Constant LCU 807842200000 239722600000
Poverty and inequality > Inequality adjusted income index 0.719
Ranked 15th. 2 times more than Nigeria 		0.295
Ranked 107th.
Welfare > Revenue, excluding grants > Current LCU 321.27 billion
Ranked 46th. 		2.39 trillion
Ranked 21st. 7 times more than Australia
Labor force per thousand people 0.000539
Ranked 100th. 19 times more than Nigeria 		2.87e-05
Ranked 229th.
Trade > Imports > Imports of goods and services 322.15 billion
Ranked 16th. 4 times more than Nigeria 		83.67 billion
Ranked 41st.
GDP > Median household income (PPP) $56,797.00
Ranked 5th. 17 times more than Nigeria 		$3,253.00
Ranked 110th.
Debt > Government debt > Net government debt, share of GDP per million people 0.523 IMF
Ranked 73th. 7 times more than Nigeria 		0.0761 IMF
Ranked 82nd.
Public institution index 6.1
Ranked 12th. 84% more than Nigeria 		3.31
Ranked 94th.
GNI > Atlas method > Current US$ per capita 33,008.29$
Ranked 17th. 62 times more than Nigeria 		530.35$
Ranked 124th.
Income > GDP, PPP > Current international $ $1.01 trillion
Ranked 18th. 2 times more than Nigeria 		$450.06 billion
Ranked 28th.
Income > Household final consumption expenditure, PPP > Constant 2005 international $ $446.20 billion
Ranked 18th. 3 times more than Nigeria 		$147.32 billion
Ranked 41st.
Income > GNI, PPP > Current international $ $982.16 billion
Ranked 18th. 2 times more than Nigeria 		$413.55 billion
Ranked 31st.
Currency > Monetary unit 1 Australian dollar = 100 cents 1 Nigerian naira = 100 kobo
Budget > Expenditures > Per $ GDP $0.34 per $1 of GDP
Ranked 54th. 2 times more than Nigeria 		$0.16 per $1 of GDP
Ranked 124th.
Taxes and other revenues 33.2% of GDP
Ranked 67th. 4 times more than Nigeria 		8.4% of GDP
Ranked 180th.
Balance of payments > Current account > Goods > Services and income > Exports > Goods and services > Current U $234.30 billion
Ranked 21st. 4 times more than Nigeria 		$61.55 billion
Ranked 42nd.
Balance of payments > Financial > Reserves -1,402,666,992.08
Ranked 125th. 		10.51 billion
Ranked 11th.
Balance of payments > Current account > Balances > Current account balance > Current US$ $-47,786,269,398.64
Ranked 150th. 		$21.66 billion
Ranked 14th.
Government > Sovereign wealth funds > Assets 89 billion USD
Ranked 12th. 59 times more than Nigeria 		1.5 billion USD
Ranked 36th.
Oil > Proved reserves 3.32 billion bbl
Ranked 27th. 		37.2 billion bbl
Ranked 10th. 11 times more than Australia
Companies > Ease of doing business index > 1=most business-friendly regulations 11
Ranked 178th. 		147
Ranked 43th. 13 times more than Australia
Natural gas > Production 45.11 billion cu m
Ranked 15th. 94% more than Nigeria 		23.21 billion cu m
Ranked 22nd.
GDP deflator 118.74
Ranked 132nd. 		5,418.61
Ranked 12th. 46 times more than Australia
Oil > Consumption 960,800 bbl/day
Ranked 22nd. 3 times more than Nigeria 		279,000 bbl/day
Ranked 46th.
Tourism > International tourism, receipts > Current US$ $34.17 billion
Ranked 9th. 50 times more than Nigeria 		$688.00 million
Ranked 104th.
Electricity > Consumption 225.4 billion kWh
Ranked 13th. 12 times more than Nigeria 		18.14 billion kWh
Ranked 53th.
Spending > Final consumption expenditure > Constant 2000 US$ per capita $28,284.11
Ranked 16th. 39 times more than Nigeria 		$727.34
Ranked 83th.
Tax > GDP > Current US$ $1.53 trillion
Ranked 13th. 6 times more than Nigeria 		$262.60 billion
Ranked 38th.
Currency > GDP > Constant 2000 US$ per capita $37,304.64
Ranked 17th. 35 times more than Nigeria 		$1,071.52
Ranked 133th.
Net trade in goods and services > BoP > Current US$ -14,233,030,000 BoP $
Ranked 130th. 		27.62 billion BoP $
Ranked 13th.
Portfolio investment > Excluding LCFAR > BoP > Current US$ -78,511,390,000 BoP $
Ranked 110th. 		2.87 billion BoP $
Ranked 2nd.
Net capital account > BoP > Current US$ 886.26 million BoP $
Ranked 12th. 39 times more than Nigeria 		22.57 million BoP $
Ranked 68th.
Budget > Expenditures > Per capita $15,454.50 per capita
Ranked 18th. 83 times more than Nigeria 		$186.53 per capita
Ranked 76th.
GDP > Composition, by end use > Investment in inventories 0.4%
Ranked 90th. 		0.0
Ranked 132nd.
Tourist arrivals by region of origin > Africa 70,876
Ranked 41st. 		1.92 million
Ranked 2nd. 27 times more than Australia
Trade > Exports > By good > Chocolate cocoa preparations 144,081
Ranked 13th. 346 times more than Nigeria 		416
Ranked 68th.
Purchasing power parity > GNI > PPP > Current international $ $835.74 billion
Ranked 17th. 3 times more than Nigeria 		$321.01 billion
Ranked 32nd.
Debt > External > Per $ GDP $817.65 per $1,000 of GDP
Ranked 25th. 14 times more than Nigeria 		$57.33 per $1,000 of GDP
Ranked 119th.
Trade > Exports > By good > Passenger cars etc 1.79 million
Ranked 20th. 54329 times more than Nigeria 		33
Ranked 86th.
GNI > PPP > Current international $ 621.86 billion PPP $
Ranked 16th. 5 times more than Nigeria 		130.21 billion PPP $
Ranked 53th.
High-technology > Exports > Current US$ $4.15 billion
Ranked 32nd. 286 times more than Nigeria 		$14.52 million
Ranked 82nd.
Stock of direct foreign investment > Abroad $426.00 billion
Ranked 16th. 57 times more than Nigeria 		$7.44 billion
Ranked 58th.
Oil > Exports per thousand people 14.35 bbl/day
Ranked 39th. 6% more than Nigeria 		13.53 bbl/day
Ranked 40th.
Final > Consumption expenditure > Etc. > Current US$ 505.81 billion$
Ranked 11th. 8 times more than Nigeria 		60.59 billion$
Ranked 43th.
Gross National Income > Constant LCU 793542500000 286976500000
GDP > Constant 2000 US$ > Per capita 23,039.43 constant 2000 US$ per c
Ranked 20th. 54 times more than Nigeria 		427.38 constant 2000 US$ per c
Ranked 134th.
Deposit interest rate 3.7%
Ranked 78th. 		10.53%
Ranked 18th. 3 times more than Australia
National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ $25,056.15
Ranked 18th. 49 times more than Nigeria 		$506.26
Ranked 126th.
Income > GDP per capita, PPP > Constant 2005 international $ $35,668.77
Ranked 15th. 15 times more than Nigeria 		$2,335.35
Ranked 133th.
Scientific and technical journals > Articles published 17,830.6
Ranked 12th. 42 times more than Nigeria 		427.4
Ranked 54th.
Net income > BoP > Current US$ -27,690,340,000 BoP $
Ranked 136th. 4 times more than Nigeria 		-6,731,856,000 BoP $
Ranked 123th.
Goods imports > BoP > Current US$ 120.39 billion BoP $
Ranked 18th. 7 times more than Nigeria 		17.29 billion BoP $
Ranked 54th.
Foreign direct investment > Net > BoP > Current US$ > Per capita 42,879.53 BoP $ per 1,000 people
Ranked 74th. 3 times more than Nigeria 		14,243.23 BoP $ per 1,000 people
Ranked 85th.
GDP per unit of energy use 4.84 PPP 2000 $/kg of oil eq.
Ranked 60th. 4 times more than Nigeria 		1.38 PPP 2000 $/kg of oil eq.
Ranked 118th.
Oil > Consumption per thousand people 43.54 bbl/day
Ranked 36th. 25 times more than Nigeria 		1.75 bbl/day
Ranked 175th.
Budget > Revenues > Per $ GDP $0.35 per $1 of GDP
Ranked 52nd. 2 times more than Nigeria 		$0.15 per $1 of GDP
Ranked 125th.
Natural gas > Production per capita 2,044.39 cu m
Ranked 9th. 14 times more than Nigeria 		149.37 cu m
Ranked 42nd.
International tourism > Expenditures for travel items > Current US$ $18.73 billion
Ranked 14th. 5 times more than Nigeria 		$3.62 billion
Ranked 40th.
Researchers in RandD > Per million people 3,758.92 per million people
Ranked 6th. 248 times more than Nigeria 		15.16 per million people
Ranked 8th.
Government spending > Subsidies and other transfers > Current LCU per capita 11,623.37
Ranked 38th. 88% more than Nigeria 		6,190.58
Ranked 59th.
Government spending > Subsidies and other transfers > Current LCU 259.48 billion
Ranked 39th. 		936.07 billion
Ranked 18th. 4 times more than Australia
Currency > DEC alternative conversion factor > LCU per US$ 1.31 131.27
Labor force > By occupation > Industry 21.1%
Ranked 66th. 2 times more than Nigeria 		10%
Ranked 142nd.
Stocks traded > Total value > Current US$ 616.12 billion$
Ranked 13th. 173 times more than Nigeria 		3.56 billion$
Ranked 30th.
GDP > Composition, by end use > Investment in fixed capital 28.5%
Ranked 43th. 3 times more than Nigeria 		8.2%
Ranked 188th.
Trade > Exports > Goods and services 20%
Ranked 126th. 		52%
Ranked 38th. 3 times more than Australia
Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP 0.204 BoP $ per $1 of GDP
Ranked 124th. 		0.249 BoP $ per $1 of GDP
Ranked 119th. 22% more than Australia
Foreign direct investment > Net > BoP > Current US$ 871.7 million BoP $
Ranked 46th. 		2.01 billion BoP $
Ranked 30th. 2 times more than Australia
Royalty and license fees > Payments > BoP > Current US$ 1.64 billion BoP $
Ranked 15th. 36 times more than Nigeria 		45.26 million BoP $
Ranked 52nd.
Stock of direct foreign investment > At home per capita $26,926.94
Ranked 11th. 59 times more than Nigeria 		$454.59
Ranked 89th.
Spending > Household final consumption expenditure > Constant 2000 US$ per capita $21,651.27
Ranked 10th. 41 times more than Nigeria 		$522.34
Ranked 90th.
Reserves > Total reserves minus gold > Current US$ $44.87 billion
Ranked 34th. 		$46.41 billion
Ranked 32nd. 3% more than Australia
Spending > Final consumption expenditure > Constant 2000 US$ $641.59 billion
Ranked 16th. 5 times more than Nigeria 		$122.80 billion
Ranked 40th.
Savings > Gross domestic savings > Current US$ $432.31 billion
Ranked 9th. 4 times more than Nigeria 		$107.07 billion
Ranked 29th.
Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country 104.94
Ranked 161st. 		222.11
Ranked 54th. 2 times more than Australia
Balance of payments > Current account > Balances > Net trade in goods > US$ $-4,914,841,830.81
Ranked 119th. 		$29.04 billion
Ranked 14th.
Trade > Exports > Goods 193.97 billion
Ranked 19th. 6 times more than Nigeria 		30.28 billion
Ranked 47th.
World Bank exchange rate 1.36
Ranked 136th. 		148.9
Ranked 43th. 109 times more than Australia
Electricity > Production 232 billion kWh
Ranked 15th. 12 times more than Nigeria 		20.13 billion kWh
Ranked 33th.
Electricity > Imports per capita 0.0
Ranked 131st. 		0.0
Ranked 132nd.
Stock of money $298.50 billion
Ranked 7th. 14 times more than Nigeria 		$21.72 billion
Ranked 40th.
GDP growth > Duration 1980-2000 52%
Ranked 28th. 		-22%
Ranked 96th.
Gross national expenditure > Current US$ > Per $ GDP 1.03$ per $1 of GDP
Ranked 90th. 25% more than Nigeria 		0.821$ per $1 of GDP
Ranked 130th.
Gross fixed capital formation > Current US$ per capita 8,290.69$
Ranked 8th. 56 times more than Nigeria 		147.88$
Ranked 108th.
Patent applications > Residents 2,718
Ranked 12th. 227 times more than Nigeria 		12
Ranked 51st.
GNI > Atlas method > Current US$ > Per capita 33,115.13$ per capita
Ranked 16th. 63 times more than Nigeria 		523.7$ per capita
Ranked 126th.
Income > GNI per capita, PPP > Constant 2005 international $ $34,522.23
Ranked 12th. 16 times more than Nigeria 		$2,127.26
Ranked 87th.
Income > GDP, PPP > Constant 2005 international $ per capita $35,668.77
Ranked 15th. 15 times more than Nigeria 		$2,335.35
Ranked 133th.
Income > GNI, PPP > Constant 2005 international $ $783.09 billion
Ranked 18th. 2 times more than Nigeria 		$359.15 billion
Ranked 29th.
International tourism > Receipts > Current US$ 20.64 billion$
Ranked 7th. 421 times more than Nigeria 		49 million$
Ranked 129th.
Terms of trade 79
Ranked 57th. 2 times more than Nigeria 		33
Ranked 101st.
Oil > Production per thousand people 24.89 bbl/day
Ranked 31st. 62% more than Nigeria 		15.39 bbl/day
Ranked 38th.
Gross savings > Current US$ per capita 6,365.21$
Ranked 13th. 30 times more than Nigeria 		211.78$
Ranked 78th.
Innovation > Patent applications, residents 2,383
Ranked 18th. 199 times more than Nigeria 		12
Ranked 58th.
Innovation > Patent applications, nonresidents per million 1,036.69
Ranked 4th. 403 times more than Nigeria 		2.57
Ranked 70th.
Trade > Exports > Export growth in USD 356.04
Ranked 29th. 50% more than Nigeria 		238.08
Ranked 60th.
Innovation > Scientific and technical journal articles 18,923.3
Ranked 13th. 41 times more than Nigeria 		461.8
Ranked 55th.
GDP > PPP > Current international $ per capita 31,691.55 PPP $
Ranked 17th. 30 times more than Nigeria 		1,062.45 PPP $
Ranked 145th.
Welfare > Revenue, excluding grants > Current LCU per capita 14,391.53
Ranked 47th. 		15,785.82
Ranked 53th. 10% more than Australia
Transnational corporations > Affiliates 2,539
Ranked 29th. 53 times more than Nigeria 		48
Ranked 95th.
Oil > Imports per thousand people 33.58 bbl/day
Ranked 35th. 28 times more than Nigeria 		1.21 bbl/day
Ranked 148th.
Imports > Partners China 18.4%, US 11.7%, Japan 7.9%, Singapore 6%, Germany 4.6%, Thailand 4.2%, South Korea 4.1% China 18.3%, US 10.1%, India 5.5%
Oil > Imports 731,400 bbl/day
Ranked 18th. 4 times more than Nigeria 		187,700 bbl/day
Ranked 47th.
Electricity > Production per capita 10,652.56 kWh
Ranked 10th. 80 times more than Nigeria 		133.13 kWh
Ranked 99th.
Market value of publicly traded shares $1.40 trillion
Ranked 1st. 36 times more than Nigeria 		$39.27 billion
Ranked 51st.
GDP growth > Duration 1975-2000 1.9%
Ranked 51st. 		-0.7%
Ranked 117th.
Trade > Imports > By good > Passenger cars etc 6.98 million
Ranked 10th. 21 times more than Nigeria 		331,753
Ranked 52nd.
Trade balance with US $1.43 billion
Ranked 2nd. 		$-2,427,600,000.00
Ranked 213th.
Trade > Exports > Goods and services > Constant 2000 US$ 91.98 billion constant 2000 US$
Ranked 24th. 3 times more than Nigeria 		28.47 billion constant 2000 US$
Ranked 37th.
Services > Etc. > Value added > Constant 2000 US$ 293.62 billion constant 2000 US$
Ranked 12th. 23 times more than Nigeria 		12.63 billion constant 2000 US$
Ranked 54th.
Household final > Consumption expenditure > Current US$ 384.29 billion$
Ranked 12th. 11 times more than Nigeria 		36.36 billion$
Ranked 46th.
Merchandise > Exports > Current US$ 105.83 billion$
Ranked 26th. 3 times more than Nigeria 		42.28 billion$
Ranked 42nd.
Gross fixed capital formation > Current US$ 166.87 billion$
Ranked 12th. 8 times more than Nigeria 		20.64 billion$
Ranked 41st.
Household final > Consumption expenditure > Current US$ > Per capita 19,126.28$ per capita
Ranked 13th. 74 times more than Nigeria 		257.22$ per capita
Ranked 125th.
Research and development spending 1.7%
Ranked 18th. 17 times more than Nigeria 		0.1%
Ranked 64th.
Tax > Time to prepare and pay taxes > Hours 107
Ranked 152nd. 		938
Ranked 4th. 9 times more than Australia
Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU 1.25 trillion
Ranked 12th. 		8.93 trillion
Ranked 19th. 7 times more than Australia
Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$ $370.15 million
Ranked 32nd. 		$-38,742,919,106.93
Ranked 142nd.
Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo $271.62 billion
Ranked 23th. 3 times more than Nigeria 		$80.81 billion
Ranked 36th.
Commercial service imports > Current US$ 28.75 billion$
Ranked 21st. 4 times more than Nigeria 		7.32 billion$
Ranked 47th.
Foreign direct investment > Net > BoP > Current US$ > Per $ GDP 1.19 BoP $ per $1,000 of GDP
Ranked 100th. 		20.35 BoP $ per $1,000 of GDP
Ranked 68th. 17 times more than Australia
Royalty and license fees > Payments > BoP > Current US$ per capita 80.64 BoP $
Ranked 18th. 249 times more than Nigeria 		0.324 BoP $
Ranked 95th.
Trade > Imports of goods > Services and income > BoP > Current US$ per capita 9,497.14 BoP $
Ranked 29th. 41 times more than Nigeria 		229.58 BoP $
Ranked 121st.
Net income > BoP > Current US$ per million -1,357,715,692.235 BoP $
Ranked 130th. 28 times more than Nigeria 		-48,227,338.392 BoP $
Ranked 64th.
Commercial service imports > Current US$ > Per capita 1,414.4$ per capita
Ranked 37th. 27 times more than Nigeria 		51.79$ per capita
Ranked 118th.
Natural gas > Proved reserves per capita 139,536.55 cu m
Ranked 15th. 4 times more than Nigeria 		32,230.38 cu m
Ranked 27th.
Natural gas > Consumption 26.41 billion cu m
Ranked 21st. 4 times more than Nigeria 		7.22 billion cu m
Ranked 44th.
Natural gas > Proved reserves 3.12 trillion cu m
Ranked 11th. 		5.29 trillion cu m
Ranked 7th. 70% more than Australia
External debt > Date of information 30 June 2006 est. 2006 est.
Tourism > International tourism, receipts for travel items > Current US$ per capita $1,409.07
Ranked 22nd. 371 times more than Nigeria 		$3.79
Ranked 144th.
Tourism > International tourism, expenditures > Current US$ $33.55 billion
Ranked 11th. 4 times more than Nigeria 		$9.53 billion
Ranked 29th.
Companies > Ease of doing business index > 1=most business-friendly regulations per million 0.441
Ranked 175th. 		0.817
Ranked 165th. 85% more than Australia
International tourism > Receipts for travel items > Current US$ $25.06 billion
Ranked 9th. 113 times more than Nigeria 		$221.00 million
Ranked 115th.
Tourism receipts > International > Per $ GDP $28.16 per $1,000 of GDP
Ranked 85th. 60 times more than Nigeria 		$0.47 per $1,000 of GDP
Ranked 152nd.
Trade > Tariffs > Binding coverage > All products 97.07%
Ranked 17th. 5 times more than Nigeria 		19.26%
Ranked 76th.
GDP > PPP > Constant 2000 international $ > Per capita 28,285.86 PPP 2000 $ per capita
Ranked 17th. 30 times more than Nigeria 		933.38 PPP 2000 $ per capita
Ranked 147th.
GDP > PPP > Current international $ > Per capita 31,794.13 PPP $ per capita
Ranked 17th. 30 times more than Nigeria 		1,049.15 PPP $ per capita
Ranked 147th.
Financial sector > Interest rates > Interest rate spread > Lending rate minus deposit rate 3.74%
Ranked 79th. 7% more than Nigeria 		3.51%
Ranked 82nd.
International tourism > Expenditures > Current US$ 15.08 billion$
Ranked 12th. 10 times more than Nigeria 		1.47 billion$
Ranked 45th.
Trade > Exports > Per $ GDP $0.16 per $1 of GDP
Ranked 130th. 		$0.50 per $1 of GDP
Ranked 36th. 3 times more than Australia
Tax > Tax payments > Number per million 0.485
Ranked 150th. 74% more than Nigeria 		0.278
Ranked 164th.
Trade > Exports > Export growth 168.22
Ranked 49th. 56% more than Nigeria 		107.89
Ranked 99th.
Purchasing power parity > GDP > PPP > Constant 2005 international $ $749.41 billion
Ranked 17th. 2 times more than Nigeria 		$309.58 billion
Ranked 29th.
Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $ $1.57
Ranked 114th. 		$101.55
Ranked 38th. 65 times more than Australia
Tourism expenditures > International $13.00 billion
Ranked 12th. 9 times more than Nigeria 		$1.47 billion
Ranked 43th.
Trade > Exports > By good > Perfume toilet cosmetics 168,967
Ranked 22nd. 1182 times more than Nigeria 		143
Ranked 88th.

Adblocker detected! Please consider reading this notice.

We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading.

We don't have any banner, Flash, animation, obnoxious sound, or popup ad. We do not implement these annoying types of ads!

We need money to operate the site, and almost all of it comes from our online advertising.

Please add www.nationmaster.com to your ad blocking whitelist or disable your adblocking software.

×