Nigeria, is a country located at Western Africa, it has an area of 923,770 Km2.

Nigeria, with apopulation of 227,882,945 people, it is one of the most populous country in thw world and has a population density of 247 people per km2.

It's capital is Abuja and its currency is Nairas

Nigeria is holding the 57 position by nominalGDP. Itsnational debt in 2024 was91,642 millions of euros (99,162 millions of dollars), ( 39.33% debt-to-GDP ratio) and its public debt per capita is€402 euros per inhabitant$435 dollars per inhabitant.

The last annual rate ofCPI published in Nigeria was on September of 2025 and it was 18%.

In terms ofthe human development index (HDI) of Nigeria, which is the index used by the United Nations to measure the progress of a country, was 0.548 points in 2022, leaving it in 161th place in the table of 193 countries published.

If the reason to visit Nigeria are business, you must know it's in the 146th of theDoing Business ranking, which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about theeconomy and demography of Nigeria, if you want to see information about other countries clickhere

Abuja: Monthly Temp.
Abuja: Monthly Rainfall
Nigeria Economy
Gouvernement
GDP Growth (%) [+]20244.1%
Annual GDP [+]2024€232,991M
Annual GDP [+]2024$252,109M
GDP per capita [+]2024€1,001
GDP per capita [+]2024$1,084
Debt (M.€.) [+]202491,642
Debt ($M) [+]202499,162
Debt (%GDP) [+]202439.33%
Debt Per Capita [+]2024€402
Debt Per Capita [+]2024$435
Deficit (M.€) [+]2024-3,651
Deficit ($M) [+]2024-3,951
Deficit (%GDP) [+]2024-1.57%
Expenditure (M.€) [+]202428,710.2
Expenditure ($M) [+]202431,066.0
Education Expenditure (M.€) [+]20231,437.7
Education Expenditure ($M) [+]20231,555.0
Education Expenditure (%Bud.) [+]20242.98%
Gov. Health Exp. (M.€) [+]20222,810.2
Gov. Health Exp.($M) [+]20222,942.5
Gov. Health Exp. (%Bud.) [+]20224.31%
Defence Expenditure (M.€) [+]20233,637.7
Defence Expenditure ($M) [+]20233,934.5
Defence Expenditure (%Bud.) [+]20235.52%
Expenditure (%GDP) [+]202412.32%
Expenditure Per Capita [+]2024€126
Expenditure Per Capita [+]2024$136
Education Expenditure P.C [+]2023€6
Education Expenditure P.C [+]2023$7
Gov. Health Exp. P.C. [+]2022€13
Gov. Health Exp. P.C. [+]2022$13
Defence Expenditure P.C. [+]2023€16
Defence Expenditure P.C. [+]2023$17
S&P Rating [+]08/04/2023B-
Fitch Rating [+]11/11/2022B-
Corruption Index [+]202325
Competitiveness Ranking [+]2019116º
Fragile States Index [+]202496.6
RTI Raking [+]202464º
Innovation Ranking [+]2024113º
Labour
Unemployment rate [+]2024Q23.1%
Unemployed [+]2024Q23,018K
NMW [+]2024$72.3
NMW [+]2024€65.4
Human Capital Ranking [+]2017114º
Markets
Euro / Nairas [+]10/24/20251,695.7513
US Dollar exchange rate [+]10/24/20251,457.4571
Prices
CPI (overall index) [+]September 202518.0%
Money Market
Key rates [+]09/24/202527.00%
Business
Doing Business [+]2019146º
Passengers vehicles Year [+]December 20195,100
Annual Vehicles/ 1,000 p. [+]December 20190.05
Vehicles / 1,000 people [+]202054.23
Taxes
Tax Revenue (%GDP) [+]20227.9%
Standard VAT [+]01/01/20207.50%
Top tax rate + SSC [+]202024.0%
Trade
Annual arrivals [+]2022528,000
Exports [+]2023€51,032.9M
Exports [+]2023$55,181.8M
Exports % GDP [+]202311.33%
Imports [+]2023€45,711.3M
Imports [+]2023$49,427.7M
Imports % GDP [+]202310.14%
Trade balance [+]2023€5,321.5M
Trade balance [+]2023$11,943.9M
Trade balance % GDP [+]20231.18%
Socio-Demography
Global AgeWatch Ranking [+]201586º
Density [+]2023247
Global Peace Ranking [+]2024147º
Remittance received ($M) [+]201721,967.2
% Immigrant [+]20200.61%
% Emigrant [+]20200.78%
Birth Rate [+]202332.95‰
Remittance sent ($M) [+]20171,143.7
Crude death rate [+]202311.74‰
Fertility Rate [+]20234.48
% risk of poverty [+]201840.1%
Population [+]2023227,882,945
Immigrant stock [+]20201,308,568
Emigrant stock [+]20201,670,455
HDI [+]20220.548
Gender Gap Ranking [+]2024125º
Life expectancy [+]202354.46
Suicides [+]201518,095
Suicide rate [+]20159.49
Number of homicides [+]202335,884
Rate Homicides per 100.000 [+]202315.75
Energy and Environment
CO2 Tons per capita [+]20230.58
Annual crude oil production [+]20241,489
Crude Oil Reserves [+]202136,890.0
Consumption GWh [+]202334,218
Generation GWh [+]202342,509
Others
COVID-19 - Deaths [+]09/28/20253,155
COVID-19 - Confirmed [+]09/28/2025267,227
Fully vaccinated [+]11/05/202381,297,810
COVID-19 - Deaths per million population [+]09/28/202513.84
Doses administered [+]11/05/2023133,048,024