| STAT | China | Nigeria | HISTORY |
|---|---|---|---|
| Budget > Revenues |
$1.86 trillion
Ranked 3rd. 83 times more than Nigeria |
$22.35 billion
Ranked 67th. |
|
| Budget surplus > + or deficit > - |
-1.7% of GDP
Ranked 63th. |
-2.1% of GDP
Ranked 72nd. 24% more than China |
|
| Debt > Government debt > Public debt, share of GDP |
31.7 CIA
Ranked 110th. 69% more than Nigeria |
18.8 CIA
Ranked 129th. |
|
| Overview | Since the late 1970s China has moved from a closed, centrally planned system to a more market-oriented one that plays a major global role - in 2010 China became the world's largest exporter. Reforms began with the phasing out of collectivized agriculture, and expanded to include the gradual liberalization of prices, fiscal decentralization, increased autonomy for state enterprises, creation of a diversified banking system, development of stock markets, rapid growth of the private sector, and opening to foreign trade and investment. China has implemented reforms in a gradualist fashion. In recent years, China has renewed its support for state-owned enterprises in sectors it considers important to "economic security," explicitly looking to foster globally competitive national champions. After keeping its currency tightly linked to the US dollar for years, in July 2005 China revalued its currency by 2.1% against the US dollar and moved to an exchange rate system that references a basket of currencies. From mid 2005 to late 2008 cumulative appreciation of the renminbi against the US dollar was more than 20%, but the exchange rate remained virtually pegged to the dollar from the onset of the global financial crisis until June 2010, when Beijing allowed resumption of a gradual appreciation. The restructuring of the economy and resulting efficiency gains have contributed to a more than tenfold increase in GDP since 1978. Measured on a purchasing power parity (PPP) basis that adjusts for price differences, China in 2012 stood as the second-largest economy in the world after the US, having surpassed Japan in 2001. The dollar values of China's agricultural and industrial output each exceed those of the US; China is second to the US in the value of services it produces. Still, per capita income is below the world average. The Chinese government faces numerous economic challenges, including: (a) reducing its high domestic savings rate and correspondingly low domestic demand; (b) sustaining adequate job growth for tens of millions of migrants and new entrants to the work force; (c) reducing corruption and other economic crimes; and (d) containing environmental damage and social strife related to the economy's rapid transformation. Economic development has progressed further in coastal provinces than in the interior, and by 2011 more than 250 million migrant workers and their dependents had relocated to urban areas to find work. One consequence of population control policy is that China is now one of the most rapidly aging countries in the world. Deterioration in the environment - notably air pollution, soil erosion, and the steady fall of the water table, especially in the North - is another long-term problem. China continues to lose arable land because of erosion and economic development. The Chinese government is seeking to add energy production capacity from sources other than coal and oil, focusing on nuclear and alternative energy development. In 2010-11, China faced high inflation resulting largely from its credit-fueled stimulus program. Some tightening measures appear to have controlled inflation, but GDP growth consequently slowed to under 8% for 2012. An economic slowdown in Europe contributed to China's, and is expected to further drag Chinese growth in 2013. Debt overhang from the stimulus program, particularly among local governments, and a property price bubble challenge policy makers currently. The government's 12th Five-Year Plan, adopted in March 2011, emphasizes continued economic reforms and the need to increase domestic consumption in order to make the economy less dependent on exports in the future. However, China has made only marginal progress toward these rebalancing goals. | 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 |
$1.97 trillion
Ranked 1st. 21 times more than Nigeria |
$95.68 billion
Ranked 38th. |
|
| GDP |
$8.36 trillion
Ranked 3rd. 32 times more than Nigeria |
$262.61 billion
Ranked 37th. |
|
| GDP > Per capita |
$7,368.68
per capita
Ranked 51st. 3 times more than Nigeria |
$2,334.26
per capita
Ranked 82nd. |
|
| GDP > Per capita > PPP |
$9,100.00
Ranked 92nd. 3 times more than Nigeria |
$2,700.00
Ranked 141st. |
|
| GDP > Purchasing power parity per capita |
$7,379.80
Ranked 94th. 3 times more than Nigeria |
$2,315.48
Ranked 138th. |
|
| GDP per capita |
$6,188.19
Ranked 82nd. 4 times more than Nigeria |
$1,555.41
Ranked 133th. |
|
| Gross National Income |
$1.13 trillion
Ranked 6th. 30 times more than Nigeria |
$37.13 billion
Ranked 48th. |
|
| Inflation rate > Consumer prices |
2.6%
Ranked 137th. |
12.2%
Ranked 17th. 5 times more than China |
|
| Population below poverty line |
13.4%
Ranked 7th. |
70%
Ranked 1st. 5 times more than China |
|
| Public debt |
31.7% of GDP
Ranked 111th. 77% more than Nigeria |
17.9% of GDP
Ranked 130th. |
|
| Unemployment rate |
6.5%
Ranked 67th. 33% more than Nigeria |
4.9%
Ranked 90th. |
|
| GDP > Composition, by sector of origin > Services |
44.6%
Ranked 145th. 72% more than Nigeria |
26%
Ranked 185th. |
|
| Exports per capita |
$1,459.25
Ranked 92nd. 3 times more than Nigeria |
$566.71
Ranked 124th. |
|
| Distribution of family income > Gini index |
47.4
Ranked 4th. 8% more than Nigeria |
43.7
Ranked 6th. |
|
| Human Development Index |
0.755
Ranked 84th. 67% more than Nigeria |
0.453
Ranked 158th. |
|
| Tourist arrivals > Per capita |
39.88
per 1,000 people
Ranked 118th. 5 times more than Nigeria |
7.67
per 1,000 people
Ranked 167th. |
|
| GDP > Purchasing power parity |
$12.26 trillion
Ranked 2nd. 28 times more than Nigeria |
$444.30 billion
Ranked 30th. |
|
| Currency > PPP conversion factor to official exchange rate ratio |
0.25
Ranked 132nd. |
0.67
Ranked 43th. 3 times more than China |
|
| Fiscal year | calendar year | calendar year |
|
| GDP > Composition by sector > Industry |
46.6%
Ranked 20th. 8% more than Nigeria |
43%
Ranked 24th. |
|
| Currency > Official exchange rate > LCU per US$, period average |
$6.31
Ranked 101st. |
$156.81
Ranked 45th. 25 times more than China |
|
| Inequality > GINI index |
41.53
Ranked 20th. |
42.93
Ranked 9th. 3% more than China |
|
| Imports per capita |
$1,223.81
Ranked 119th. 4 times more than Nigeria |
$316.05
Ranked 158th. |
|
| Gross National Income per capita |
$888.47
Ranked 102nd. 3 times more than Nigeria |
$294.69
Ranked 136th. |
|
| Tax > Highest marginal tax rate > Individual rate |
45%
Ranked 12th. 80% more than Nigeria |
25%
Ranked 15th. |
|
| GDP per capita in 1950 |
$614.00
Ranked 45th. 12% more than Nigeria |
$547.00
Ranked 48th. |
|
| Technology index |
3.72
Ranked 60th. 24% more than Nigeria |
2.99
Ranked 86th. |
|
| Development > Human Development Index |
0.699
Ranked 101st. 48% more than Nigeria |
0.471
Ranked 151st. |
|
| Population below poverty line > Per capita |
0.002%
per 1 million people
Ranked 27th. |
0.518%
per 1 million people
Ranked 18th. 259 times more than China |
|
| GDP > Per capita > PPP per thousand people |
$0.01
Ranked 183th. |
$0.02
Ranked 180th. 2 times more than China |
|
| Exports > Commodities | electrical and other machinery, including data processing equipment, apparel, radio telephone handsets, textiles, integrated circuits | petroleum and petroleum products 95%, cocoa, rubber | |
| Poverty and inequality > Richest quintile to poorest quintile ratio |
12.2
Ranked 2nd. 26% more than Nigeria |
9.7
Ranked 11th. |
|
| Imports |
$1.65 trillion
Ranked 2nd. 31 times more than Nigeria |
$53.36 billion
Ranked 51st. |
|
| Budget > Expenditures |
$1.99 trillion
Ranked 3rd. 71 times more than Nigeria |
$27.87 billion
Ranked 66th. |
|
| GINI index |
46.9
Ranked 6th. 7% more than Nigeria |
43.7
Ranked 14th. |
|
| Reserves of foreign exchange and gold per capita |
$1,163.99
Ranked 50th. 3 times more than Nigeria |
$348.74
Ranked 93th. |
|
| Debt > Net foreign assets > Current LCU |
25.82 trillion
Ranked 9th. 3 times more than Nigeria |
8.71 trillion
Ranked 18th. |
|
| Tourist arrivals |
53.05 million
Ranked 5th. 48 times more than Nigeria |
1.11 million
Ranked 78th. |
|
| Budget > Revenues > Per capita |
$857.64
per capita
Ranked 46th. 7 times more than Nigeria |
$114.63
per capita
Ranked 79th. |
|
| Inbound tourism income > Current US$ |
$44.13 billion
Ranked 8th. 75 times more than Nigeria |
$586.00 million
Ranked 99th. |
|
| GDP per person |
3,744.36
Ranked 92nd. 3 times more than Nigeria |
1,118.11
Ranked 127th. |
|
| Exports > Main exports | Manufactured goods, including textiles, garments, electronics, arms | Petroleum, petroleum products, cocoa, rubber | |
| Budget > Revenues per capita |
$858.93
Ranked 87th. 8 times more than Nigeria |
$113.71
Ranked 130th. |
|
| Debt > External |
$728.90 billion
Ranked 18th. 54 times more than Nigeria |
$13.40 billion
Ranked 89th. |
|
| Gross domestic savings > Current US$ per capita |
840.45$
Ranked 52nd. 3 times more than Nigeria |
274.82$
Ranked 75th. |
|
| Central bank discount rate |
2.25%
Ranked 33th. |
4.25%
Ranked 71st. 89% more than China |
|
| Debt > External > Per capita |
$274.62
per capita
Ranked 106th. 5 times more than Nigeria |
$59.30
per capita
Ranked 129th. |
|
| GDP > Composition by sector > Services |
43.7%
Ranked 145th. 68% more than Nigeria |
26%
Ranked 174th. |
|
| Tax > GDP > Constant LCU |
31.66 trillion
Ranked 11th. 35 times more than Nigeria |
902.79 billion
Ranked 72nd. |
|
| Tourism > International tourism, number of arrivals per capita |
0.0428
Ranked 135th. 10 times more than Nigeria |
0.00435
Ranked 162nd. |
|
| International tourism > Receipts > Current US$ > Per $ GDP |
14.25$
per $1,000 of GDP
Ranked 86th. 21 times more than Nigeria |
0.68$
per $1,000 of GDP
Ranked 131st. |
|
| Consumer price index |
106.78%
Ranked 143th. |
207.54%
Ranked 13th. 94% more than China |
|
| GDP > Composition by sector > Agriculture |
9.7%
Ranked 91st. |
30.9%
Ranked 25th. 3 times more than China |
|
| GDP per capita > PPP > Current international $ |
6,757.27 PPP $
Ranked 75th. 6 times more than Nigeria |
1,127.53 PPP $
Ranked 145th. |
|
| Industries | world leader in gross value of industrial output; mining and ore processing, iron, steel, aluminum, and other metals, coal; machine building; armaments; textiles and apparel; petroleum; cement; chemicals; fertilizers; consumer products, including footwear, toys, and electronics; food processing; transportation equipment, including automobiles, rail cars and locomotives, ships, and aircraft; telecommunications equipment, commercial space launch vehicles, satellites | 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 |
|
| Population below poverty line > Per $ GDP |
3%
per $1 trillion of GD
Ranked 28th. |
1,304.81%
per $1 trillion of GD
Ranked 7th. 435 times more than China |
|
| GDP > Composition, by end use > Imports of goods and services |
-23.1%
Ranked 18th. 1% more than Nigeria |
-22.8%
Ranked 15th. |
|
| GDP per capita in 1973 |
$1,186.00
Ranked 42nd. 6% more than Nigeria |
$1,120.00
Ranked 43th. |
|
| GDP per capita > Constant LCU | 6044.03 | 1822.57 |
|
| Balance of payments > Capital and financial account > Foreign direct investment > Net inflows > BoP > Current US |
$78.19 billion
Ranked 4th. 14 times more than Nigeria |
$5.79 billion
Ranked 33th. |
|
| Labor force |
798
Ranked 9th. 160 times more than Nigeria |
5
Ranked 153th. |
|
| Poverty and inequality > Population below $1 (PPP) per day |
$11.80%
Ranked 9th. |
$54.37%
Ranked 2nd. 5 times more than China |
|
| GDP > Real growth rate |
7.7%
Ranked 22nd. 17% more than Nigeria |
6.6%
Ranked 33th. |
|
| Debt > Government debt > Gross government debt, share of GDP |
22.85 IMF
Ranked 142nd. 29% more than Nigeria |
17.76 IMF
Ranked 154th. |
|
| Debt > Central government debt, total > Current LCU |
1.04 trillion
Ranked 14th. 41% more than Nigeria |
736.08 billion
Ranked 22nd. |
|
| International tourism > Number of arrivals |
46.81 million
Ranked 4th. 49 times more than Nigeria |
962,000
Ranked 78th. |
|
| Economic growth > Per capita |
8.54
Ranked 3rd. 3 times more than Nigeria |
3.2
Ranked 21st. |
|
| Foreign direct investment > Net > BoP > Current US$ per capita |
52.02 BoP $
Ranked 68th. 4 times more than Nigeria |
14.42 BoP $
Ranked 84th. |
|
| Poverty > Population under $1 a day |
18.8%
Ranked 33th. |
70.2%
Ranked 2nd. 4 times more than China |
|
| GDP per capita > Constant 2000 US$ |
1,448.78 constant 2000 US$
Ranked 92nd. 3 times more than Nigeria |
459.31 constant 2000 US$
Ranked 129th. |
|
| Economic freedom |
51.9
Ranked 136th. |
55.1
Ranked 121st. 6% more than China |
|
| GDP > Official exchange rate per capita |
$4,294.67
Ranked 95th. 3 times more than Nigeria |
$1,294.24
Ranked 131st. |
|
| Stock of direct foreign investment > At home |
$1.34 trillion
Ranked 3rd. 18 times more than Nigeria |
$76.75 billion
Ranked 43th. |
|
| Current account balance |
$193.10 billion
Ranked 2nd. 9 times more than Nigeria |
$20.35 billion
Ranked 18th. |
|
| Agriculture > Products | world leader in gross value of agricultural output; rice, wheat, potatoes, corn, peanuts, tea, millet, barley, apples, cotton, oilseed; pork; fish | cocoa, peanuts, cotton, palm oil, corn, rice, sorghum, millet, cassava (tapioca), yams, rubber; cattle, sheep, goats, pigs; timber; fish |
|
| Trade > Imports per capita |
$977.05
Ranked 91st. 5 times more than Nigeria |
$214.02
Ranked 129th. |
|
| Currency | Renminbi ; note - also referred to by the unit yuan | naira | |
| Current account balance > BoP > Current US$ per capita |
123.35 BoP $
Ranked 30th. |
173.38 BoP $
Ranked 27th. 41% more than China |
|
| GNI per capita |
$4,940.00
Ranked 28th. 4 times more than Nigeria |
$1,280.00
Ranked 53th. |
|
| GDP > Purchasing power parity > Per capita |
$7,368.68
per capita
Ranked 51st. 3 times more than Nigeria |
$2,334.26
per capita
Ranked 82nd. |
|
| Companies > Listed domestic companies, total |
2,494
Ranked 7th. 13 times more than Nigeria |
192
Ranked 43th. |
|
| Trade > Exports per capita |
$1,125.81
Ranked 83th. 2 times more than Nigeria |
$477.94
Ranked 106th. |
|
| Current account balance per capita |
$203.71
Ranked 32nd. 17% more than Nigeria |
$173.88
Ranked 36th. |
|
| Poverty > Population under $2 a day |
52.6%
Ranked 29th. |
90.8%
Ranked 1st. 73% more than China |
|
| Money and quasi money > M2 > Current LCU | 29838010000000 | 2631100000000 |
|
| Tourism > International tourism, number of arrivals |
57.58 million
Ranked 4th. 81 times more than Nigeria |
715,000
Ranked 103th. |
|
| Gross national saving |
50.1% of GDP
Ranked 4th. 3 times more than Nigeria |
15.9% of GDP
Ranked 98th. |
|
| Tax > GDP > Constant LCU per capita |
23,441.08
Ranked 108th. 4 times more than Nigeria |
5,347.24
Ranked 152nd. |
|
| Companies > Market capitalization of listed companies > Current US$ per capita |
$2,737.39
Ranked 57th. 8 times more than Nigeria |
$333.99
Ranked 95th. |
|
| Market capitalization of listed companies > Current US$ per capita |
1,850.72$
Ranked 33th. 8 times more than Nigeria |
229$
Ranked 53th. |
|
| Household final > Consumption expenditure > Current US$ per capita |
663.72$
Ranked 94th. 3 times more than Nigeria |
260.48$
Ranked 122nd. |
|
| Budget > Expenditures per capita |
$949.39
Ranked 87th. 5 times more than Nigeria |
$185.03
Ranked 126th. |
|
| Reserves > Total reserves > Includes gold, current US$ |
$3.39 trillion
Ranked 1st. 71 times more than Nigeria |
$47.55 billion
Ranked 37th. |
|
| Stock of broad money | None | None |
|
| Exchange rates | Renminbi yuan (RMB) per US dollar -<br />6.31 (2012 est.)<br />6.46 (2011 est.)<br />6.77 (2010 est.)<br />6.83 (2009)<br />6.94 (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 |
$275.44
Ranked 106th. 5 times more than Nigeria |
$54.40
Ranked 128th. |
|
| Size of economy > Share of world GDP |
3.47%
Ranked 5th. 29 times more than Nigeria |
0.12%
Ranked 54th. |
|
| Gross fixed capital formation > Current US$ > Per $ GDP |
0.423$
per $1 of GDP
Ranked 2nd. 2 times more than Nigeria |
0.209$
per $1 of GDP
Ranked 77th. |
|
| Exports > Partners | US 17.2%, Hong Kong 15.8%, Japan 7.4%, South Korea 4.3% | US 16.8%, India 11.5%, Netherlands 8.6%, Spain 7.8%, Brazil 7.6%, UK 5.1%, Germany 4.9%, Japan 4.1%, France 4.1% |
|
| Aid per capita > Current US$ |
1.35$
Ranked 132nd. |
48.94$
Ranked 57th. 36 times more than China |
|
| GDP > Official exchange rate |
$8.11 trillion
Ranked 1st. 30 times more than Nigeria |
$266.60 billion
Ranked 36th. |
|
| GDP per capita > PPP > Constant 2000 international $ |
6,011.65 PPP 2000 $
Ranked 75th. 6 times more than Nigeria |
1,003.11 PPP 2000 $
Ranked 145th. |
|
| Investment > Gross fixed |
45.9% of GDP
Ranked 3rd. 2 times more than Nigeria |
18.8% of GDP
Ranked 109th. |
|
| Interest rate spread > Lending rate minus deposit rate |
3.33%
Ranked 117th. |
7.42%
Ranked 58th. 2 times more than China |
|
| Income receipts > BoP > Current US$ per capita |
29.88 BoP $
Ranked 90th. 6 times more than Nigeria |
5.05 BoP $
Ranked 112th. |
|
| Bank liquid > Reserves to bank assets ratio |
16.29
Ranked 50th. |
16.7
Ranked 47th. 3% more than China |
|
| Tax > Highest marginal tax rate > Corporate rate |
25%
Ranked 62nd. |
30%
Ranked 39th. 20% more than China |
|
| Stock of narrow money | None | None |
|
| GDP > Composition, by sector of origin > Industry |
45.3%
Ranked 25th. 5% more than Nigeria |
43%
Ranked 28th. |
|
| Debt > Net domestic credit > Current LCU |
80.56 trillion
Ranked 9th. 5 times more than Nigeria |
14.67 trillion
Ranked 18th. |
|
| Trade > Exports > Exports of goods and services > Constant 2000 US$ per capita |
$1,008.63
Ranked 68th. 95% more than Nigeria |
$517.09
Ranked 87th. |
|
| Net current transfers from abroad > Constant LCU | 89580870000 | 10639650000 |
|
| Foreign direct investment > Net inflows > BoP > Current US$ per capita |
60.69 BoP $
Ranked 88th. 4 times more than Nigeria |
14.42 BoP $
Ranked 113th. |
|
| GDP > Current LCU | 18308500000000 | 12989630000000 |
|
| High-technology > Exports > Current US$ > Per capita |
$286,715.69
per 1,000 people
Ranked 33th. 2888 times more than Nigeria |
$99.26
per 1,000 people
Ranked 108th. |
|
| GDP > Composition, by sector of origin > Agriculture |
10.1%
Ranked 89th. |
30.9%
Ranked 21st. 3 times more than China |
|
| Savings > Gross domestic savings > Current US$ per capita |
$3,145.18
Ranked 43th. 5 times more than Nigeria |
$634.15
Ranked 73th. |
|
| Net barter terms of trade |
91.76%
Ranked 77th. |
122.35%
Ranked 7th. 33% more than China |
|
| Tax > Tax payments > Number |
7
Ranked 175th. |
47
Ranked 24th. 7 times more than China |
|
| Real interest rate |
1.6%
Ranked 98th. |
-7.02%
Ranked 123th. |
|
| Royalty and license fees > Receipts > BoP > Current US$ > Per $ GDP |
70.45 BoP $
per $1 million of
Ranked 68th. |
277.74 BoP $
per $1 million of
Ranked 54th. 4 times more than China |
|
| Inflation |
111.72
Ranked 132nd. |
141.96
Ranked 33th. 27% more than China |
|
| Poverty > Gap at $1 a day > PPP |
2.1%
Ranked 6th. |
34.51%
Ranked 2nd. 16 times more than China |
|
| Outbound tourist spending |
40.99 billion
Ranked 6th. 9 times more than Nigeria |
4.77 billion
Ranked 36th. |
|
| Income > GNI, PPP > Current international $ per capita |
$9,036.68
Ranked 82nd. 4 times more than Nigeria |
$2,449.46
Ranked 127th. |
|
| Income > GNI per capita, PPP > Current international $ |
$9,040.00
Ranked 82nd. 4 times more than Nigeria |
$2,450.00
Ranked 127th. |
|
| Reserves of foreign exchange and gold |
$3.34 trillion
Ranked 1st. 72 times more than Nigeria |
$46.41 billion
Ranked 41st. |
|
| Size of economy > GDP > GDP growth |
7.8%
Ranked 20th. 19% more than Nigeria |
6.55%
Ranked 31st. |
|
| GDP > Constant 2000 US$ |
1.89 trillion constant 2000 US$
Ranked 4th. 31 times more than Nigeria |
60.41 billion constant 2000 US$
Ranked 51st. |
|
| Tax > Highest marginal tax rate > Individual > On income exceeding > US$ |
$175,716.00
Ranked 6th. 113 times more than Nigeria |
$1,553.40
Ranked 13th. |
|
| Debt service |
7.85
Ranked 81st. |
11.96
Ranked 58th. 52% more than China |
|
| International tourism > Expenditures > Current US$ per capita |
18.96$
Ranked 95th. 76% more than Nigeria |
10.8$
Ranked 115th. |
|
| Purchasing power parity conversion factor > LCU per international $ | 2.08 | 87.59 |
|
| GDP > Composition, by end use > Household consumption |
36%
Ranked 175th. |
47.4%
Ranked 163th. 32% more than China |
|
| Current transfers > Receipts > BoP > Current US$ |
27.73 billion BoP $
Ranked 2nd. 8 times more than Nigeria |
3.33 billion BoP $
Ranked 37th. |
|
| Innovation > Patent applications, residents per million |
309.37
Ranked 6th. 2465 times more than Nigeria |
0.126
Ranked 68th. |
|
| Tax > Taxes on income, profits and capital gains > Current LCU |
1.07 trillion
Ranked 17th. 76 times more than Nigeria |
14.14 billion
Ranked 79th. |
|
| Debt > Net current transfers from abroad > Current LCU |
21.67 billion
Ranked 52nd. |
3.39 trillion
Ranked 7th. 156 times more than China |
|
| GDP > PPP > Constant 2000 international $ per capita |
6,015.25 PPP 2000 $
Ranked 76th. 6 times more than Nigeria |
945.22 PPP 2000 $
Ranked 145th. |
|
| Debt > Central government debt, total > Current LCU per capita |
831.03
Ranked 55th. |
4,868.01
Ranked 52nd. 6 times more than China |
|
| Net income > BoP > Current US$ > Per capita |
8,152.66 BoP $
per 1,000 people
Ranked 27th. |
-47,623.385 BoP $
per 1,000 people
Ranked 65th. |
|
| GDP > CIA Factbook |
$6.45 trillion
Ranked 2nd. 56 times more than Nigeria |
$114.80 billion
Ranked 54th. |
|
| Poverty and inequality > Poorest's share in national income or consumption |
4.67%
Ranked 23th. |
5.89%
Ranked 9th. 26% more than China |
|
| Debt > Net foreign assets > Current LCU per capita |
19,114.25
Ranked 77th. |
51,614.17
Ranked 56th. 3 times more than China |
|
| Tax > GDP > Current LCU |
51.93 trillion
Ranked 17th. 26% more than Nigeria |
41.18 trillion
Ranked 20th. |
|
| GDP > PPP per capita |
$5,496.37
Ranked 90th. 5 times more than Nigeria |
$1,143.91
Ranked 145th. |
|
| Economic aid > Recipient |
$1.64 billion
Ranked 3rd. |
$6.44 billion
Ranked 2nd. 4 times more than China |
|
| GNI |
5.03 trillion
Ranked 4th. 31 times more than Nigeria |
162.9 billion
Ranked 42nd. |
|
| Development > Human Development Index > Inequality adjusted |
0.543
Ranked 67th. 97% more than Nigeria |
0.276
Ranked 118th. |
|
| GDP > PPP |
$7.12 trillion
Ranked 2nd. 46 times more than Nigeria |
$155.57 billion
Ranked 50th. |
|
| Poverty > Share of all poor people |
22.12%
Ranked 2nd. 3 times more than Nigeria |
8.03%
Ranked 3rd. |
|
| Market capitalization of listed companies > Current US$ |
2.43 trillion$
Ranked 1st. 74 times more than Nigeria |
32.82 billion$
Ranked 29th. |
|
| Companies > Listed domestic companies, total per million |
1.85
Ranked 95th. 62% more than Nigeria |
1.14
Ranked 106th. |
|
| Tax > GDP > Current US$ per capita |
$6,091.01
Ranked 84th. 4 times more than Nigeria |
$1,555.36
Ranked 135th. |
|
| Trade > Exports to US |
$31.14 billion
Ranked 3rd. 12 times more than Nigeria |
$2.64 billion
Ranked 20th. |
|
| Industrial production growth rate |
7.9%
Ranked 27th. 3 times more than Nigeria |
2.3%
Ranked 93th. |
|
| Purchasing power parity > GDP per capita > PPP > Current international $ |
$6,827.95
Ranked 82nd. 3 times more than Nigeria |
$2,203.35
Ranked 124th. |
|
| World trade > Exports |
1.33 trillion
Ranked 4th. 21 times more than Nigeria |
62.05 billion
Ranked 38th. |
|
| Labor force > By occupation > Agriculture |
34.8%
Ranked 67th. |
70%
Ranked 32nd. 2 times more than China |
|
| Tourist arrivals by region of origin > Europe |
5.17 million
Ranked 20th. 11 times more than Nigeria |
459,985
Ranked 63th. |
|
| Bank capital to assets ratio |
3.8%
Ranked 77th. |
9.9%
Ranked 33th. 3 times more than China |
|
| Labor force > By occupation > Services |
35.7%
Ranked 22nd. 79% more than Nigeria |
20%
Ranked 3rd. |
|
| Companies > Stock market > Stocks traded, total value > Current US$ per capita |
$4,313.71
Ranked 30th. 173 times more than Nigeria |
$24.90
Ranked 85th. |
|
| Lending interest rate |
5.58%
Ranked 126th. |
17.95%
Ranked 27th. 3 times more than China |
|
| Industrial > Production growth rate |
11%
Ranked 16th. 3 times more than Nigeria |
4%
Ranked 84th. |
|
| Tax > Taxes on income, profits and capital gains > Current LCU per capita |
799.74
Ranked 90th. 9 times more than Nigeria |
93.49
Ranked 113th. |
|
| Poverty and inequality > Population below national poverty line > Total |
4.6%
Ranked 17th. |
62.6%
Ranked 4th. 14 times more than China |
|
| Tax > GDP per capita > Constant LCU |
23,441.08
Ranked 108th. 4 times more than Nigeria |
5,347.24
Ranked 152nd. |
|
| Spending > Household final consumption expenditure per capita > Constant 2000 US$ |
$1,214.42
Ranked 72nd. 2 times more than Nigeria |
$522.34
Ranked 90th. |
|
| Income > GDP per capita, PPP > Current international $ |
$9,083.20
Ranked 90th. 3 times more than Nigeria |
$2,665.68
Ranked 133th. |
|
| Debt > Interest rates > Central bank discount rate |
6%
Ranked 60th. |
9.5%
Ranked 38th. 58% more than China |
|
| Currency > Real effective exchange rate index > 2005 = 100 |
128.86
Ranked 18th. |
135.58
Ranked 8th. 5% more than China |
|
| Net domestic credit > Current LCU | 24836710000000 | 1169839000000 |
|
| International tourism > Receipts > Current US$ per capita |
24.42$
Ranked 97th. 68 times more than Nigeria |
0.36$
Ranked 137th. |
|
| Commercial bank prime lending rate |
6%
Ranked 135th. |
16.79%
Ranked 34th. 3 times more than China |
|
| Companies > Market capitalization of listed companies > Current US$ |
$3.70 trillion
Ranked 3rd. 66 times more than Nigeria |
$56.39 billion
Ranked 48th. |
|
| Current account balance > BoP > Current US$ |
160.82 billion BoP $
Ranked 2nd. 7 times more than Nigeria |
24.2 billion BoP $
Ranked 13th. |
|
| Trade > Imports |
$1.31 trillion
Ranked 2nd. 38 times more than Nigeria |
$34.18 billion
Ranked 54th. |
|
| Currency > Real effective exchange rate index |
92.48%
Ranked 65th. |
123.81%
Ranked 11th. 34% more than China |
|
| Currency > Official exchange rate > LCU per US$ > Period average | 7.97 | 131.27 |
|
| GDP > CIA Factbook per capita |
$5,005.43
Ranked 85th. 6 times more than Nigeria |
$866.09
Ranked 149th. |
|
| Oil > Exports |
480,600 bbl/day
Ranked 28th. |
2.1 million bbl/day
Ranked 7th. 4 times more than China |
|
| Poverty and inequality > Population in severe poverty |
4.5%
Ranked 2nd. |
33.9%
Ranked 3rd. 8 times more than China |
|
| GDP > Composition, by end use > Exports of goods and services |
25.8%
Ranked 145th. |
55.4%
Ranked 57th. 2 times more than China |
|
| Purchasing power parity > GNI per capita > PPP > Current international $ |
$6,890.00
Ranked 79th. 3 times more than Nigeria |
$2,070.00
Ranked 118th. |
|
| Income > Health expenditure per capita, PPP > Constant 2005 international $ |
$432.28
Ranked 101st. 3 times more than Nigeria |
$139.45
Ranked 143th. |
|
| Spending > Household final consumption expenditure > Current US$ per capita |
$2,209.35
Ranked 85th. 3 times more than Nigeria |
$737.91
Ranked 110th. |
|
| Tax > GDP > Current LCU per capita |
38,448.51
Ranked 106th. |
243,895.61
Ranked 64th. 6 times more than China |
|
| Debt > Strength of legal rights index > 0=weak to 10=strong per million |
0.0037
Ranked 188th. |
0.0533
Ranked 171st. 14 times more than China |
|
| Oil > Production |
4.27 million bbl/day
Ranked 4th. 74% more than Nigeria |
2.46 million bbl/day
Ranked 10th. |
|
| Economy growth |
9.1
Ranked 4th. 63% more than Nigeria |
5.6
Ranked 19th. |
|
| Purchasing power parity > Gross domestic product per capita > PPP |
6,200.21
Ranked 81st. 3 times more than Nigeria |
2,000.78
Ranked 123th. |
|
| Trade > Export value index |
230.16%
Ranked 9th. 56% more than Nigeria |
147.1%
Ranked 41st. |
|
| Debt > Interest payments > Current LCU |
150.89 billion
Ranked 22nd. |
158 billion
Ranked 21st. 5% more than China |
|
| Electricity > Consumption per capita |
2,595.39 kWh
Ranked 60th. 22 times more than Nigeria |
119.97 kWh
Ranked 125th. |
|
| Market capitalization of listed companies > Current US$ > Per $ GDP |
349.44$
per $1,000 of GDP
Ranked 55th. 79% more than Nigeria |
195.61$
per $1,000 of GDP
Ranked 79th. |
|
| GDP > CIA Factbook > Per capita |
$5,005.43 per capita
Ranked 91st. 6 times more than Nigeria |
$852.52 per capita
Ranked 157th. |
|
| Income > Household final consumption expenditure, PPP > Constant 2005 international $ per capita |
$2,434.95
Ranked 78th. 3 times more than Nigeria |
$872.59
Ranked 94th. |
|
| GDP > Composition, by end use > Government consumption |
13.5%
Ranked 122nd. 14% more than Nigeria |
11.8%
Ranked 144th. |
|
| GDP > Per $ GDP |
$7,368.68
per $1 of GDP
Ranked 51st. 3 times more than Nigeria |
$2,334.26
per $1 of GDP
Ranked 82nd. |
|
| Spending > Household final consumption expenditure, etc. > Current US$ |
$2.85 trillion
Ranked 4th. 23 times more than Nigeria |
$124.58 billion
Ranked 43th. |
|
| Bank and trade-related lending > PPG + PNG > NFL > Current US$ per capita |
1.87$
Ranked 46th. |
-1.226$
Ranked 80th. |
|
| Entrepreneurship > Starting a Business > Index ranking |
126
Ranked 30th. 20% more than Nigeria |
105
Ranked 50th. |
|
| GNI > Current US$ per capita |
1,721.94$
Ranked 95th. 3 times more than Nigeria |
621.5$
Ranked 126th. |
|
| Gross domestic savings > Current US$ |
1.1 trillion$
Ranked 1st. 29 times more than Nigeria |
38.36 billion$
Ranked 34th. |
|
| GDP > Constant 2000 US$ per capita |
1,449.64 constant 2000 US$
Ranked 92nd. 3 times more than Nigeria |
432.8 constant 2000 US$
Ranked 129th. |
|
| Poverty and inequality > Multidimensional poverty index |
0.056
Ranked 2nd. |
0.31
Ranked 3rd. 6 times more than China |
|
| Trade > Exports |
$1.51 trillion
Ranked 1st. 20 times more than Nigeria |
$76.33 billion
Ranked 38th. |
|
| Purchasing power parity > GDP > PPP > Current international $ |
$9.09 trillion
Ranked 3rd. 27 times more than Nigeria |
$340.92 billion
Ranked 31st. |
|
| Entrepreneurship > Hiring and Firing > Index ranking |
87
Ranked 67th. 3 times more than Nigeria |
27
Ranked 127th. |
|
| Income > GDP, PPP > Current international $ per capita |
$9,083.20
Ranked 90th. 3 times more than Nigeria |
$2,665.68
Ranked 133th. |
|
| Total > Reserves in months of imports |
13.47
Ranked 4th. 26% more than Nigeria |
10.72
Ranked 6th. |
|
| Imports > Commodities | electrical and other machinery, oil and mineral fuels, optical and medical equipment, metal ores, motor vehicles | machinery, chemicals, transport equipment, manufactured goods, food and live animals | |
| Debt > Banks > Automated teller machines > ATMs > Per 100,000 adults |
37.51
Ranked 79th. 3 times more than Nigeria |
11.39
Ranked 120th. |
|
| Inflation > Consumer price index > 2005 = 100 |
124.9
Ranked 114th. |
200.79
Ranked 26th. 61% more than China |
|
| GDP > Constant LCU | 7884433000000 | 239722600000 |
|
| Gross domestic savings > Current US$ > Per $ GDP |
490.41$
per $1,000 of GDP
Ranked 6th. 26% more than Nigeria |
387.68$
per $1,000 of GDP
Ranked 17th. |
|
| Poverty and inequality > Inequality adjusted income index |
0.455
Ranked 63th. 54% more than Nigeria |
0.295
Ranked 107th. |
|
| Welfare > Revenue, excluding grants > Current LCU |
4.63 trillion
Ranked 15th. 94% more than Nigeria |
2.39 trillion
Ranked 21st. |
|
| Labor force per thousand people |
0.000591
Ranked 94th. 21 times more than Nigeria |
2.87e-05
Ranked 229th. |
|
| GDP > Median household income (PPP) |
$7,540.00
Ranked 80th. 2 times more than Nigeria |
$3,253.00
Ranked 110th. |
|
| Public institution index |
4.39
Ranked 54th. 33% more than Nigeria |
3.31
Ranked 94th. |
|
| GNI > Atlas method > Current US$ per capita |
1,740.98$
Ranked 89th. 3 times more than Nigeria |
530.35$
Ranked 124th. |
|
| Income > Household final consumption expenditure, PPP > Constant 2005 international $ |
$3.29 trillion
Ranked 3rd. 22 times more than Nigeria |
$147.32 billion
Ranked 41st. |
|
| Income > GNI, PPP > Current international $ |
$12.21 trillion
Ranked 3rd. 30 times more than Nigeria |
$413.55 billion
Ranked 31st. |
|
| Income > GDP, PPP > Current international $ |
$12.27 trillion
Ranked 3rd. 27 times more than Nigeria |
$450.06 billion
Ranked 28th. |
|
| Currency > Monetary unit | 1 Renminbi (yuan) (Y) = 10 jiao = 100 fen; | 1 Nigerian naira = 100 kobo | |
| Budget > Expenditures > Per $ GDP |
$0.19
per $1 of GDP
Ranked 115th. 18% more than Nigeria |
$0.16
per $1 of GDP
Ranked 124th. |
|
| Taxes and other revenues |
22.9% of GDP
Ranked 128th. 3 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 |
$1.33 trillion
Ranked 4th. 22 times more than Nigeria |
$61.55 billion
Ranked 42nd. |
|
| Balance of payments > Financial > Reserves |
-400,508,412,140.22
Ranked 143th. |
10.51 billion
Ranked 11th. |
|
| Balance of payments > Current account > Balances > Current account balance > Current US$ |
$297.14 billion
Ranked 1st. 14 times more than Nigeria |
$21.66 billion
Ranked 14th. |
|
| Debt > External debt stocks per capita |
$509.93
Ranked 78th. 6 times more than Nigeria |
$79.83
Ranked 125th. |
|
| Government > Sovereign wealth funds > Assets |
1,308.7 billion USD
Ranked 1st. 872 times more than Nigeria |
1.5 billion USD
Ranked 36th. |
|
| Oil > Proved reserves |
20.35 billion bbl
Ranked 14th. |
37.2 billion bbl
Ranked 10th. 83% more than China |
|
| Companies > Ease of doing business index > 1=most business-friendly regulations |
96
Ranked 93th. |
147
Ranked 43th. 53% more than China |
|
| Natural gas > Production |
94.41 billion cu m
Ranked 7th. 4 times more than Nigeria |
23.21 billion cu m
Ranked 22nd. |
|
| GDP deflator |
232.21
Ranked 60th. |
5,418.61
Ranked 12th. 23 times more than China |
|
| Oil > Consumption |
9.19 million bbl/day
Ranked 2nd. 33 times more than Nigeria |
279,000 bbl/day
Ranked 46th. |
|
| Poverty > Gap at $2 a day > PPP |
12.51%
Ranked 5th. |
59.53%
Ranked 2nd. 5 times more than China |
|
| Tourism > International tourism, receipts > Current US$ |
$53.31 billion
Ranked 6th. 77 times more than Nigeria |
$688.00 million
Ranked 104th. |
|
| Electricity > Consumption |
3.44 trillion kWh
Ranked 2nd. 190 times more than Nigeria |
18.14 billion kWh
Ranked 53th. |
|
| Spending > Final consumption expenditure > Constant 2000 US$ per capita |
$1,674.55
Ranked 69th. 2 times more than Nigeria |
$727.34
Ranked 83th. |
|
| Tax > GDP > Current US$ |
$8.23 trillion
Ranked 3rd. 31 times more than Nigeria |
$262.60 billion
Ranked 38th. |
|
| Currency > GDP > Constant 2000 US$ per capita |
$3,348.01
Ranked 95th. 3 times more than Nigeria |
$1,071.52
Ranked 133th. |
|
| Portfolio investment > Excluding LCFAR > BoP > Current US$ |
-47,380,940,000 BoP $
Ranked 102nd. |
2.87 billion BoP $
Ranked 2nd. |
|
| Net trade in goods and services > BoP > Current US$ |
124.8 billion BoP $
Ranked 2nd. 5 times more than Nigeria |
27.62 billion BoP $
Ranked 13th. |
|
| Net capital account > BoP > Current US$ |
4.1 billion BoP $
Ranked 4th. 182 times more than Nigeria |
22.57 million BoP $
Ranked 68th. |
|
| Budget > Expenditures > Per capita |
$947.96
per capita
Ranked 46th. 5 times more than Nigeria |
$186.53
per capita
Ranked 76th. |
|
| GDP > Composition, by end use > Investment in inventories |
2.1%
Ranked 30th. |
0.0
Ranked 132nd. |
|
| Tourist arrivals by region of origin > Africa |
210,533
Ranked 18th. |
1.92 million
Ranked 2nd. 9 times more than China |
|
| Bank and trade-related lending > PPG + PNG > NFL > Current US$ |
2.44 billion$
Ranked 10th. |
-171,070,000$
Ranked 99th. |
|
| Trade > Exports > By good > Chocolate cocoa preparations |
28,639
Ranked 29th. 69 times more than Nigeria |
416
Ranked 68th. |
|
| Purchasing power parity > GNI > PPP > Current international $ |
$9.17 trillion
Ranked 3rd. 29 times more than Nigeria |
$321.01 billion
Ranked 32nd. |
|
| Debt > External > Per $ GDP |
$118.06
per $1,000 of GDP
Ranked 115th. 2 times more than Nigeria |
$57.33
per $1,000 of GDP
Ranked 119th. |
|
| Trade > Exports > By good > Passenger cars etc |
114,132
Ranked 37th. 3459 times more than Nigeria |
33
Ranked 86th. |
|
| GNI > PPP > Current international $ |
8.86 trillion PPP $
Ranked 2nd. 68 times more than Nigeria |
130.21 billion PPP $
Ranked 53th. |
|
| High-technology > Exports > Current US$ |
$381.34 billion
Ranked 2nd. 26268 times more than Nigeria |
$14.52 million
Ranked 82nd. |
|
| Stock of direct foreign investment > Abroad |
$509.00 billion
Ranked 15th. 68 times more than Nigeria |
$7.44 billion
Ranked 58th. |
|
| Oil > Exports per thousand people |
0.361 bbl/day
Ranked 105th. |
13.53 bbl/day
Ranked 40th. 37 times more than China |
|
| Gross National Income > Constant LCU | 7848695000000 | 286976500000 |
|
| GDP > Constant 2000 US$ > Per capita |
1,448.78 constant 2000 US$
per c
Ranked 92nd. 3 times more than Nigeria |
427.38 constant 2000 US$
per c
Ranked 134th. |
|
| Final > Consumption expenditure > Etc. > Current US$ |
1.14 trillion$
Ranked 5th. 19 times more than Nigeria |
60.59 billion$
Ranked 43th. |
|
| Deposit interest rate |
2.25%
Ranked 121st. |
10.53%
Ranked 18th. 5 times more than China |
|
| National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ |
$2,206.26
Ranked 81st. 4 times more than Nigeria |
$506.26
Ranked 126th. |
|
| Income > GDP per capita, PPP > Constant 2005 international $ |
$7,957.62
Ranked 89th. 3 times more than Nigeria |
$2,335.35
Ranked 133th. |
|
| Scientific and technical journals > Articles published |
56,805.8
Ranked 3rd. 133 times more than Nigeria |
427.4
Ranked 54th. |
|
| Foreign direct investment > Net > BoP > Current US$ > Per capita |
51,990.07 BoP $
per 1,000 people
Ranked 68th. 4 times more than Nigeria |
14,243.23 BoP $
per 1,000 people
Ranked 85th. |
|
| Net income > BoP > Current US$ |
10.64 billion BoP $
Ranked 7th. |
-6,731,856,000 BoP $
Ranked 123th. |
|
| Goods imports > BoP > Current US$ |
628.29 billion BoP $
Ranked 3rd. 36 times more than Nigeria |
17.29 billion BoP $
Ranked 54th. |
|
| GDP per unit of energy use |
4.36 PPP 2000 $/kg of oil eq.
Ranked 70th. 3 times more than Nigeria |
1.38 PPP 2000 $/kg of oil eq.
Ranked 118th. |
|
| Oil > Consumption per thousand people |
6.87 bbl/day
Ranked 130th. 4 times more than Nigeria |
1.75 bbl/day
Ranked 175th. |
|
| Budget > Revenues > Per $ GDP |
$0.18
per $1 of GDP
Ranked 117th. 18% more than Nigeria |
$0.15
per $1 of GDP
Ranked 125th. |
|
| Economic aid > Recipient per capita |
$1.25
Ranked 10th. |
$46.11
Ranked 59th. 37 times more than China |
|
| Natural gas > Production per capita |
70.58 cu m
Ranked 28th. |
149.37 cu m
Ranked 42nd. 2 times more than China |
|
| International tourism > Expenditures for travel items > Current US$ |
$36.16 billion
Ranked 6th. 10 times more than Nigeria |
$3.62 billion
Ranked 40th. |
|
| Researchers in RandD > Per million people |
708.15 per million people
Ranked 23th. 47 times more than Nigeria |
15.16 per million people
Ranked 8th. |
|
| Government spending > Subsidies and other transfers > Current LCU |
1.14 trillion
Ranked 13th. 21% more than Nigeria |
936.07 billion
Ranked 18th. |
|
| Government spending > Subsidies and other transfers > Current LCU per capita |
876.05
Ranked 83th. |
6,190.58
Ranked 59th. 7 times more than China |
|
| Currency > DEC alternative conversion factor > LCU per US$ | 8.19 | 131.27 |
|
| Labor force > By occupation > Industry |
29.5%
Ranked 25th. 3 times more than Nigeria |
10%
Ranked 142nd. |
|
| Stocks traded > Total value > Current US$ |
1.64 trillion$
Ranked 1st. 459 times more than Nigeria |
3.56 billion$
Ranked 30th. |
|
| GDP > Composition, by end use > Investment in fixed capital |
45.7%
Ranked 8th. 6 times more than Nigeria |
8.2%
Ranked 188th. |
|
| Trade > Exports > Goods and services |
26%
Ranked 112th. |
52%
Ranked 38th. Twice as much as China |
|
| Royalty and license fees > Payments > BoP > Current US$ |
5.32 billion BoP $
Ranked 8th. 118 times more than Nigeria |
45.26 million BoP $
Ranked 52nd. |
|
| Trade > Imports > Goods and services > BoP > Current US$ > Per $ GDP |
0.319 BoP $
per $1 of GDP
Ranked 98th. 28% more than Nigeria |
0.249 BoP $
per $1 of GDP
Ranked 119th. |
|
| Foreign direct investment > Net > BoP > Current US$ |
67.82 billion BoP $
Ranked 2nd. 34 times more than Nigeria |
2.01 billion BoP $
Ranked 30th. |
|
| Poverty and inequality > Population vulnerable to poverty > Proportion |
6.3%
Ranked 2nd. |
17.8%
Ranked 7th. 3 times more than China |
|
| Poverty and inequality > Causes of poverty > Health |
9.9%
Ranked 3rd. |
32.2%
Ranked 5th. 3 times more than China |
|
| Portfolio investment > Bonds > PPG + PNG > NFL > Current US$ |
2.7 billion$
Ranked 9th. |
-452,000,000$
Ranked 37th. |
|
| Stock of direct foreign investment > At home per capita |
$995.04
Ranked 76th. 2 times more than Nigeria |
$454.59
Ranked 89th. |
|
| Spending > Household final consumption expenditure > Constant 2000 US$ per capita |
$1,214.42
Ranked 72nd. 2 times more than Nigeria |
$522.34
Ranked 90th. |
|
| Reserves > Total reserves minus gold > Current US$ |
$3.33 trillion
Ranked 1st. 72 times more than Nigeria |
$46.41 billion
Ranked 32nd. |
|
| Spending > Final consumption expenditure > Constant 2000 US$ |
$2.26 trillion
Ranked 5th. 18 times more than Nigeria |
$122.80 billion
Ranked 40th. |
|
| Savings > Gross domestic savings > Current US$ |
$4.25 trillion
Ranked 1st. 40 times more than Nigeria |
$107.07 billion
Ranked 29th. |
|
| Financial sector > Exchange rates and prices > GDP deflator > Base year varies by country |
140.02
Ranked 114th. |
222.11
Ranked 54th. 59% more than China |
|
| World Bank exchange rate |
6.83
Ranked 95th. |
148.9
Ranked 43th. 22 times more than China |
|
| Balance of payments > Current account > Balances > Net trade in goods > US$ |
$249.51 billion
Ranked 1st. 9 times more than Nigeria |
$29.04 billion
Ranked 14th. |
|
| Trade > Exports > Goods |
954.29 billion
Ranked 4th. 32 times more than Nigeria |
30.28 billion
Ranked 47th. |
|
| Electricity > Production |
3.45 trillion kWh
Ranked 2nd. 171 times more than Nigeria |
20.13 billion kWh
Ranked 33th. |
|
| Private investment > Telecommunications |
0.0
Ranked 99th. |
3 billion
Ranked 6th. |
|
| Debt > Interest payments on external debt, long-term > INT, current US$ per capita |
$5.43
Ranked 79th. 6 times more than Nigeria |
$0.85
Ranked 110th. |
|
| Electricity > Imports per capita |
8.55 kWh
Ranked 59th. |
0.0
Ranked 132nd. |
|
| Stock of money |
$2.09 trillion
Ranked 2nd. 96 times more than Nigeria |
$21.72 billion
Ranked 40th. |
|
| GDP growth > Duration 1980-2000 |
382%
Ranked 1st. |
-22%
Ranked 96th. |
|
| Gross national expenditure > Current US$ > Per $ GDP |
0.944$
per $1 of GDP
Ranked 114th. 15% more than Nigeria |
0.821$
per $1 of GDP
Ranked 130th. |
|
| Gross fixed capital formation > Current US$ per capita |
725.11$
Ranked 64th. 5 times more than Nigeria |
147.88$
Ranked 108th. |
|
| Foreign aid > From United States |
65.22 million
Ranked 46th. |
363.89 million
Ranked 9th. 6 times more than China |
|
| Foreign aid > Net Foreign aid received > Current US$ |
$1.49 billion
Ranked 13th. 15% more than Nigeria |
$1.29 billion
Ranked 16th. |
|
| Patent applications > Residents |
194,579
Ranked 3rd. 16215 times more than Nigeria |
12
Ranked 51st. |
|
| Foreign aid > From Switzerland |
3.38 million
Ranked 51st. 48 times more than Nigeria |
70,000
Ranked 96th. |
|
| Foreign aid > International assistance received per capita |
1.12
Ranked 131st. |
8.53
Ranked 118th. 8 times more than China |
|
| GNI > Atlas method > Current US$ > Per capita |
1,739.93$
per capita
Ranked 90th. 3 times more than Nigeria |
523.7$
per capita
Ranked 126th. |
|
| Income > GDP, PPP > Constant 2005 international $ per capita |
$7,957.62
Ranked 89th. 3 times more than Nigeria |
$2,335.35
Ranked 133th. |
|
| Income > GNI, PPP > Constant 2005 international $ |
$10.69 trillion
Ranked 3rd. 30 times more than Nigeria |
$359.15 billion
Ranked 29th. |
|
| Income > GNI per capita, PPP > Constant 2005 international $ |
$7,917.39
Ranked 61st. 4 times more than Nigeria |
$2,127.26
Ranked 87th. |
|
| International tourism > Receipts > Current US$ |
31.84 billion$
Ranked 6th. 650 times more than Nigeria |
49 million$
Ranked 129th. |
|
| Terms of trade |
105
Ranked 28th. 3 times more than Nigeria |
33
Ranked 101st. |
|
| Oil > Production per thousand people |
3.19 bbl/day
Ranked 64th. |
15.39 bbl/day
Ranked 38th. 5 times more than China |
|
| Gross savings > Current US$ per capita |
868.08$
Ranked 43th. 4 times more than Nigeria |
211.78$
Ranked 78th. |
|
| Innovation > Patent applications, nonresidents per million |
82.27
Ranked 26th. 32 times more than Nigeria |
2.57
Ranked 70th. |
|
| Innovation > Patent applications, residents |
415,829
Ranked 1st. 34652 times more than Nigeria |
12
Ranked 58th. |
|
| Trade > Exports > Export growth in USD |
482.25
Ranked 9th. 2 times more than Nigeria |
238.08
Ranked 60th. |
|
| IBRD loans and IDA credits > PPG DOD > Current US$ |
20.88 billion$
Ranked 2nd. 11 times more than Nigeria |
1.86 billion$
Ranked 19th. |
|
| Innovation > Scientific and technical journal articles |
74,019.2
Ranked 3rd. 160 times more than Nigeria |
461.8
Ranked 55th. |
|
| GDP > PPP > Current international $ per capita |
6,761.31 PPP $
Ranked 76th. 6 times more than Nigeria |
1,062.45 PPP $
Ranked 145th. |
|
| Poverty and inequality > Population in multidimensional poverty > Proportion |
12.5%
Ranked 2nd. |
54.1%
Ranked 3rd. 4 times more than China |
|
| Welfare > Revenue, excluding grants > Current LCU per capita |
3,460.06
Ranked 97th. |
15,785.82
Ranked 53th. 5 times more than China |
|
| Poverty and inequality > Population below national poverty line > Urban |
2%
Ranked 14th. |
51.2%
Ranked 2nd. 26 times more than China |
|
| Transnational corporations > Affiliates |
364,345
Ranked 1st. 7591 times more than Nigeria |
48
Ranked 95th. |
|
| Oil > Imports per thousand people |
3.57 bbl/day
Ranked 117th. 3 times more than Nigeria |
1.21 bbl/day
Ranked 148th. |
|
| Imports > Partners | Japan 9.8%, South Korea 9.2%, US 7.1%, Germany 5.1%, Australia 4.3% | China 18.3%, US 10.1%, India 5.5% |
|
| Oil > Imports |
4.75 million bbl/day
Ranked 2nd. 25 times more than Nigeria |
187,700 bbl/day
Ranked 47th. |
|
| Electricity > Production per capita |
2,588.53 kWh
Ranked 51st. 19 times more than Nigeria |
133.13 kWh
Ranked 99th. |
|
| Market value of publicly traded shares |
$3.67 trillion
Ranked 2nd. 93 times more than Nigeria |
$39.27 billion
Ranked 51st. |
|
| GDP growth > Duration 1975-2000 |
8.1%
Ranked 2nd. |
-0.7%
Ranked 117th. |
|
| Trade > Imports > By good > Passenger cars etc |
4.44 million
Ranked 14th. 13 times more than Nigeria |
331,753
Ranked 52nd. |
|
| Trade balance with US |
$-24,670,400,000.00
Ranked 224th. 10 times more than Nigeria |
$-2,427,600,000.00
Ranked 213th. |
|
| Household final > Consumption expenditure > Current US$ |
865.31 billion$
Ranked 5th. 24 times more than Nigeria |
36.36 billion$
Ranked 46th. |
|
| Merchandise > Exports > Current US$ |
761.95 billion$
Ranked 3rd. 18 times more than Nigeria |
42.28 billion$
Ranked 42nd. |
|
| Trade > Exports > Goods and services > Constant 2000 US$ |
802.26 billion constant 2000 US$
Ranked 2nd. 28 times more than Nigeria |
28.47 billion constant 2000 US$
Ranked 37th. |
|
| Gross fixed capital formation > Current US$ |
945.34 billion$
Ranked 1st. 46 times more than Nigeria |
20.64 billion$
Ranked 41st. |
|
| Household final > Consumption expenditure > Current US$ > Per capita |
663.33$
per capita
Ranked 95th. 3 times more than Nigeria |
257.22$
per capita
Ranked 125th. |
|
| Services > Etc. > Value added > Constant 2000 US$ |
758.29 billion constant 2000 US$
Ranked 4th. 60 times more than Nigeria |
12.63 billion constant 2000 US$
Ranked 54th. |
|
| Poverty > Population under $1 a day > Per $ GDP |
2.59e-05 per $10 million
Ranked 58th. |
0.00558 per $10 million
Ranked 31st. 216 times more than China |
|
| Research and development spending |
0.1%
Ranked 65th. The same as Nigeria |
0.1%
Ranked 64th. |
|
| Tax > Time to prepare and pay taxes > Hours |
504
Ranked 19th. |
938
Ranked 4th. 86% more than China |
|
| Balance of payments > Capital and financial account > Net errors and omissions > Adjusted > BoP > Current US$ |
$-43,347,067,653.67
Ranked 143th. 12% more than Nigeria |
$-38,742,919,106.93
Ranked 142nd. |
|
| Balance of payments > Current account > Goods > Services and income > Exports of goods > Services > Income and wo |
$1.46 trillion
Ranked 4th. 18 times more than Nigeria |
$80.81 billion
Ranked 36th. |
|
| Financial sector > Monetary holdings > Liabilities > Money and quasi money > M2 > Current LCU |
61.02 trillion
Ranked 3rd. 7 times more than Nigeria |
8.93 trillion
Ranked 19th. |
|
| Royalty and license fees > Payments > BoP > Current US$ per capita |
4.08 BoP $
Ranked 65th. 13 times more than Nigeria |
0.324 BoP $
Ranked 95th. |
|
| Trade > Imports of goods > Services and income > BoP > Current US$ per capita |
567.92 BoP $
Ranked 107th. 2 times more than Nigeria |
229.58 BoP $
Ranked 121st. |
|
| Commercial service imports > Current US$ |
83.17 billion$
Ranked 7th. 11 times more than Nigeria |
7.32 billion$
Ranked 47th. |
|
| Commercial service imports > Current US$ > Per capita |
63.76$
per capita
Ranked 113th. 23% more than Nigeria |
51.79$
per capita
Ranked 118th. |
|
| Foreign direct investment > Net > BoP > Current US$ > Per $ GDP |
30.36 BoP $
per $1,000 of GDP
Ranked 52nd. 49% more than Nigeria |
20.35 BoP $
per $1,000 of GDP
Ranked 68th. |
|
| Net income > BoP > Current US$ per million |
8.16 million BoP $
Ranked 27th. |
-48,227,338.392 BoP $
Ranked 64th. |
|
| Government > Revenue > Tax > Corporate tax |
25%
Ranked 18th. |
30%
Ranked 15th. 20% more than China |
|
| Natural gas > Proved reserves per capita |
2,254.25 cu m
Ranked 61st. |
32,230.38 cu m
Ranked 27th. 14 times more than China |
|
| Natural gas > Consumption |
106.7 billion cu m
Ranked 4th. 15 times more than Nigeria |
7.22 billion cu m
Ranked 44th. |
|
| Natural gas > Proved reserves |
3.03 trillion cu m
Ranked 12th. |
5.29 trillion cu m
Ranked 7th. 75% more than China |
|
| External debt > Date of information | 2006 est. | 2006 est. | |
| Public and publicly guaranteed debt service > TDS > Current US$ |
8.77 billion$
Ranked 7th. |
8.82 billion$
Ranked 6th. 1% more than China |
|
| Balance of payments > Capital and financial account > Foreign direct investment > Net inflows in reporting econ |
$78.19 billion
Ranked 1st. 14 times more than Nigeria |
$5.79 billion
Ranked 13th. |
|
| External debt > Debt outstanding > Use of IMF credit > DOD > Current US$ |
0.0
Ranked 87th. |
0.0
Ranked 113th. |
|
| Tourism > International tourism, receipts for travel items > Current US$ per capita |
$36.06
Ranked 118th. 10 times more than Nigeria |
$3.79
Ranked 144th. |
|
| Tourism > International tourism, expenditures > Current US$ |
$79.01 billion
Ranked 4th. 8 times more than Nigeria |
$9.53 billion
Ranked 29th. |
|
| Companies > Ease of doing business index > 1=most business-friendly regulations per million |
0.0733
Ranked 187th. |
0.817
Ranked 165th. 11 times more than China |
|
| International tourism > Receipts for travel items > Current US$ |
$40.84 billion
Ranked 6th. 185 times more than Nigeria |
$221.00 million
Ranked 115th. |
|
| Tourism receipts > International > Per $ GDP |
$14.19 per $1,000 of GDP
Ranked 119th. 30 times more than Nigeria |
$0.47 per $1,000 of GDP
Ranked 152nd. |
|
| Trade > Tariffs > Binding coverage > All products |
100%
Ranked 32nd. 5 times more than Nigeria |
19.26%
Ranked 76th. |
|
| GDP > PPP > Current international $ > Per capita |
6,757.27 PPP $
per capita
Ranked 75th. 6 times more than Nigeria |
1,049.15 PPP $
per capita
Ranked 147th. |
|
| GDP > PPP > Constant 2000 international $ > Per capita |
6,011.65 PPP 2000 $
per capita
Ranked 75th. 6 times more than Nigeria |
933.38 PPP 2000 $
per capita
Ranked 147th. |
|
| Foreign aid > From European Commission |
124.73 million
Ranked 25th. 37% more than Nigeria |
91.13 million
Ranked 38th. |
|
| Financial sector > Interest rates > Interest rate spread > Lending rate minus deposit rate |
3.06%
Ranked 88th. |
3.51%
Ranked 82nd. 15% more than China |
|
| International tourism > Expenditures > Current US$ |
24.71 billion$
Ranked 6th. 17 times more than Nigeria |
1.47 billion$
Ranked 45th. |
|
| Tax > Tax payments > Number per million |
0.00518
Ranked 188th. |
0.278
Ranked 164th. 54 times more than China |
|
| Trade > Exports > Per $ GDP |
$0.36
per $1 of GDP
Ranked 66th. |
$0.50
per $1 of GDP
Ranked 36th. 38% more than China |
|
| Trade > Exports > Export growth |
438.07
Ranked 3rd. 4 times more than Nigeria |
107.89
Ranked 99th. |
|
| Purchasing power parity > PPP conversion factor > Private > Consumption > LCU per international $ |
$4.16
Ranked 89th. |
$101.55
Ranked 38th. 24 times more than China |
|
| Purchasing power parity > GDP > PPP > Constant 2005 international $ |
$8.26 trillion
Ranked 3rd. 27 times more than Nigeria |
$309.58 billion
Ranked 29th. |
|
| Tourism expenditures > International |
$21.36 billion
Ranked 6th. 15 times more than Nigeria |
$1.47 billion
Ranked 43th. |
|
| Trade > Exports > By good > Perfume toilet cosmetics |
634,586
Ranked 9th. 4438 times more than Nigeria |
143
Ranked 88th. |
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