Compare the economies of the countries

Economy power of Libya & Nigeria

Libya vs Nigeria

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Libya Nigeria

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World Rank 73 2.32 World Rank 28 4.72

Officially known as the State of Libya, the nation is located in the northern part of Africa, in the Maghreb region. It borders Sudan, Chad, Algeria, Niger, Tunisia, and Egypt. This is the fourth largest country in Africa thanks to its enormous land coverage of 1.8 million square kilometers. It is also the 16th largest nation worldwide. More about Libya 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)

(United States of America (USA))

	Libya	Nigeria
Position in the ranking of countries
GDP [US$]	45,096,462,972	363,846,332,834
Percentage of the other

Gross national income (GNI, Inflation)

Gross national income

(United States of America (USA))

	Libya	Nigeria
Position in the ranking of countries
GNI [US$]	45,309,062,967	352,906,093,813
Percentage of the other

International trade (Export, Import)

External balance on goods and services

(China)

	Libya	Nigeria
Position in the ranking of countries
External balance [US$]	6,571,580,007	-322,411,051
Percentage of the other

Employment by sector, Unemployment

Unemployment (% of total labor force)

(Eswatini)

	Libya	Nigeria
Position in the ranking of countries
Unemployment [%]	18.61	2.99
Percentage of the other

Population (total, growth, density, demgraphy)

Total population

(India)

	Libya	Nigeria
Position in the ranking of countries
Population	7,305,659	227,882,945
Percentage of the other

Compare the economies of the countries

Table of Contents

Economy power of Libya & Nigeria

Libya vs Nigeria

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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)

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

Population growth (annual %)

Density

Gender

Demography