Compare the economies of the countries

Table of Contents

Economy power of Mongolia & Nigeria

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Mongolia vs Nigeria

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Mongolia Nigeria
World map with selected countries highlighted.
A landlocked nation of Mongolia is located in East Asia and it borders Russia and China. Though it does not share borders with Kazakhstan, they are only 37 kilometers between them. With the land area of over 1.564 million square kilometers, it is the 18th largest sovereign state in the world. However, because of only 3.3 million residents, it is at the same time one of the most sparsely populated ones. More about Mongolia 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)

Mongolia Nigeria
Position in the ranking of countries
GDP [US$] 20,325,121,393 363,846,332,834
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

Mongolia Nigeria
Position in the ranking of countries
GNI [US$] 18,096,012,116 352,906,093,813
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)

Mongolia Nigeria
Position in the ranking of countries
External balance [US$] 1,961,371,705 -322,411,051
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)

Mongolia Nigeria
Position in the ranking of countries
Unemployment [%] 5.42 2.99
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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(India)

Mongolia Nigeria
Position in the ranking of countries
Population 3,481,145 227,882,945
Percentage of the other

Population growth (annual %)

Density

Gender

Demography