As shared by Nasir Ahmad El-Rufai: “NIGERIA UPDATE: Based on purchasing power parity, Nigeria’s GDP as at 2023 was estimated to be 19th highest in the world and still the largest in Africa…..see below:
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“LATEST ESTIMATES FOR GROSS DOMESTIC PRODUCT IN PPP IN $ Trillions ADJUSTED FOR BASE YEAR AND INFORMAL ECONOMY
Nigeria GDP is estimated to be $2.419 trillion dollars by World Economics for 2023 – 89% larger than official estimates.
The official estimate for Nigeria’s GDP published by the World Bank was $1.277 trillion at the end of 2023 in puchasing power partity terms.
World Economics has developed a database presenting GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.
World Economics estimates Nigeria’s GDP to be $2.419 trillion – 89% larger than official estimates.
Nigeria’s data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries.
Data source: World Economics Research, London”
NIGERIA UPDATE: Based on purchasing power parity, Nigeria’s GDP as at 2023 was estimated to be 19th highest in the world and still the largest in Africa…..see below:
LATEST ESTIMATES FOR GROSS DOMESTIC PRODUCT IN PPP IN $ Trillions ADJUSTED FOR BASE YEAR AND INFORMAL ECONOMY…
— Nasir Ahmad El-Rufai (@elrufai) December 10, 2024
