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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Jamaica & Nigeria

Jamaica Flag svg Nigeria Flag svg

Jamaica vs Nigeria

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Jamaica Nigeria
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World Rank 165 1.18 World Rank 28 4.72
Jamaica is the island country located in the Caribbean Sea. In terms of size, the island is the third largest in the archipelago of the Greater Antilles. Interestingly, Jamaica is also the third largest English-speaking country in the Americas (only after The US and Canada).  More about Jamaica 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))

Jamaica Nigeria
Position in the ranking of countries 118 (2023) 40 (2023)
GDP [US$] 19,423,355,409 363,846,332,834
Percentage of the other 5.3 % 1873.2 %

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))

Jamaica Nigeria
Position in the ranking of countries 117 (2023) 41 (2023)
GNI [US$] 19,134,255,409 352,906,093,813
Percentage of the other 5.4 % 1844.4 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Jamaica Nigeria
Position in the ranking of countries 121 (2019) 53 (1960)
External balance [US$] -2,222,393,638 -322,411,051
Percentage of the other 689.3 % 14.5 %

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)

Jamaica Nigeria
Position in the ranking of countries 121 (2019) 53 (1960)
Unemployment [%] 4.88 2.99
Percentage of the other 163.2 % 61.3 %

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)

Jamaica Nigeria
Position in the ranking of countries 134 (2023) 6 (2023)
Population 2,839,786 227,882,945
Percentage of the other 1.2 % 8024.7 %

Population growth (annual %)

Density

Gender

Demography