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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Nigeria & Portugal

Nigeria Flag svg Portugal Flag svg

Nigeria vs Portugal

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Nigeria Portugal
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World Rank 24 5.34 World Rank 56 2.88
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 Officially known as the Portugese Republic, the nation is located on the Iberian Peninsula in soutwestern part of Europe. As a result of its position, it is considered the westernmost sovereign state in Mainland Europe. The only sharing border they have (besides the enormous coastline with the Atlantic Ocean) is with Spain. The capital and largest city in Portugal is Lisbon. It is important to notice that it is one of the oldest nations in Europe. More about Portugal

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Nigeria Portugal
Position in the ranking of countries
GDP [US$] 440,833,583,992 253,663,144,586
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 Portugal
Position in the ranking of countries
GNI [US$] 423,882,311,505 250,592,690,421
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 Portugal
Position in the ranking of countries
External balance [US$] -4,847,531,323 -7,566,241,687
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 Portugal
Position in the ranking of countries
Unemployment [%] 5.94 6.58
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 Portugal
Position in the ranking of countries
Population 213,401,323 10,325,147
Percentage of the other

Population growth (annual %)

Density

Gender

Demography