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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Malawi & Nigeria

Malawi Flag svg Nigeria Flag svg

Malawi vs Nigeria

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Malawi Nigeria
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World Rank 101 2.03 World Rank 24 5.34
Formerly known as Nyasaland, Malawi is a landlocked country located in the southeastern region of Africa. Its official name is the Republic of Malawi and is bordered by Zambia, Tanzania, and Mozambique. With the land coverage of 118,484 square kilometers, it is a very small nation.  More about Malawi 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))

Malawi Nigeria
Position in the ranking of countries
GDP [US$] 12,626,717,491 440,833,583,992
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

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(United States of America (USA))

Malawi Nigeria
Position in the ranking of countries
GNI [US$] 12,398,475,305 423,882,311,505
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)

Malawi Nigeria
Position in the ranking of countries
External balance [US$] - -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)

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(South Africa)

Malawi Nigeria
Position in the ranking of countries
Unemployment [%] 5.66 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)

Malawi Nigeria
Position in the ranking of countries
Population 19,889,742 213,401,323
Percentage of the other

Population growth (annual %)

Density

Gender

Demography