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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Belgium & Nigeria

Belgium Flag svg Nigeria Flag svg

Belgium vs Nigeria

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Belgium Nigeria
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World Rank 27 4.73 World Rank 28 4.72
One of the smallest nations in Europe is the Kingdom of Belgium. It is located in Western Europe. They have four different neighbours, namely France, Germany, Netherlands, and Luxembourg. The total land area is very small, because there are 30,600 square kilometers, giving them 136th place in terms of land coverage. More about Belgium The Federal Republic of Nigeria is one of the largest and most prosperous nations in Africa. It is located in West Africa and shares borders with Niger, Chad, Cameroon, and Benin. Being a federal republic, it is divided into 36 states. However, there is also the Federal Capital Territory, which is the capital of the nation Abuja. Interestingly, the largest city in the country and in the entire African continent is Lagos. More about Nigeria

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Belgium Nigeria
Position in the ranking of countries 23 (2023) 40 (2023)
GDP [US$] 644,782,756,682 363,846,332,834
Percentage of the other 177.2 % 56.4 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

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(United States of America (USA))

Belgium Nigeria
Position in the ranking of countries 22 (2023) 41 (2023)
GNI [US$] 648,332,611,927 352,906,093,813
Percentage of the other 183.7 % 54.4 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Belgium Nigeria
Position in the ranking of countries 114 (2023) 53 (1960)
External balance [US$] -3,866,292,231 -322,411,051
Percentage of the other 1199.2 % 8.3 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

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(Eswatini)

Belgium Nigeria
Position in the ranking of countries 114 (2023) 53 (1960)
Unemployment [%] 5.49 2.99
Percentage of the other 183.6 % 54.5 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Belgium Nigeria
Position in the ranking of countries 78 (2023) 6 (2023)
Population 11,787,423 227,882,945
Percentage of the other 5.2 % 1933.3 %

Population growth (annual %)

Density

Gender

Demography