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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Nigeria & European Union (EU)

Nigeria Flag svg European Union (EU) Flag svg

Nigeria vs European Union (EU)

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Nigeria European Union (EU)
World map with selected countries highlighted.
World Rank 24 5.34
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 The European Union is a political and economic union of 27 member states that are located in Europe. Its members have a total land coverage of 4,233,255 square kilometers. The population of the EU is about 447 million. List of member states: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany,Greece Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden. More about European Union (EU)

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Nigeria European Union (EU)
Position in the ranking of countries
GDP [US$] 440,833,583,992 17,177,419,592,825
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))

Nigeria European Union (EU)
Position in the ranking of countries
GNI [US$] 423,882,311,505 17,265,699,183,045
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)

Nigeria European Union (EU)
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)

Nigeria European Union (EU)
Position in the ranking of countries
Unemployment [%] 5.94 7.00
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)

Nigeria European Union (EU)
Position in the ranking of countries
Population 213,401,323 447,199,800
Percentage of the other

Population growth (annual %)

Density

Gender

Demography