Compare the economies of the countries

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Economy power of India & Nigeria

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India vs Nigeria

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India Nigeria
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One of the fastest developing countries at this moment and the third biggest economy in the world if we include PPP factor into equations. The Republic of India is located in South Asia and it is the second most populous country in the entire world. In terms of land, they are the seventh-largest. Interestingly, this is the most populous democracy in the world. They also have an enormous amount of native languages (around 447). More about India 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)

India Nigeria
Position in the ranking of countries
GDP [US$] 3,176,295,065,497 440,833,583,992
Percentage of the other

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

India Nigeria
Position in the ranking of countries
GNI [US$] 3,126,862,532,266 423,882,311,505
Percentage of the other

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

India Nigeria
Position in the ranking of countries
External balance [US$] -79,191,303,181 -4,847,531,323
Percentage of the other

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)

India Nigeria
Position in the ranking of countries
Unemployment [%] 7.71 5.94
Percentage of the other

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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(China)

India Nigeria
Position in the ranking of countries
Population 1,407,563,842 213,401,323
Percentage of the other

Population growth (annual %)

Density

Gender

Demography