Nigeria economy! Nigeria’s economy explained. Nigeria’s labor market, standard of living, trade balance, trading partners, government budget, debt and GDP growth for 2020 are presented.<br /><br />Nigeria has the largest economy on the African continent. Nigeria's nominal GDP in 2018 was 397 billion U.S. dollars, ranking ahead of South Africa (368 billion USD).<br />https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=NG&most_recent_value_desc=true<br /><br />This video about the Nigerian economy was created in February 2020.<br /><br /><br />Sources:<br /><br />Nigeria Population<br />https://www.worldometers.info/world-population/nigeria-population/<br /><br />GNI per capita, Atlas method (2018, current US$):<br />https://data.worldbank.org/indicator/NY.GNP.PCAP.CD<br /><br />Nigeria 2020 Economic Overview<br />https://www.worldbank.org/en/country/nigeria/overview<br /><br />Nigeria Unemployment Rate<br />https://tradingeconomics.com/nigeria/unemployment-rate<br />https://www.worldbank.org/en/country/nigeria/overview<br /><br />Unemployment Rate 2020 in Nigeria<br />https://www.pressreader.com/nigeria/daily-trust/20190503/282389810907880<br />https://www.premiumtimesng.com/news/top-news/328137-nigerias-unemployment-rate-hits-33-5-per-cent-by-2020-minister.html<br /><br />Nigerian Labor Force<br />https://data.worldbank.org/indicator/SL.TLF.TOTL.IN?locations=NG<br /><br />Employment in agriculture, industry and services<br />https://data.worldbank.org/indicator/SL.AGR.EMPL.ZS?locations=NG<br />https://data.worldbank.org/indicator/SL.IND.EMPL.ZS?locations=NG<br />https://data.worldbank.org/indicator/SL.SRV.EMPL.ZS?locations=NG<br /><br />Nigeria Exports, Imports, Trade balance - 2018 data derived from the ITC (International Trade Centre):<br />https://www.trademap.org/Country_SelProductCountry_TS.aspx?nvpm=1%7c566%7c%7c%7c%7cTOTAL%7c%7c%7c2%7c1%7c1%7c3%7c2%7c1%7c2%7c1%7c1<br /><br />Budget Deficit<br />https://tradingeconomics.com/nigeria/government-budget<br /><br />Government Debt to GDP in 2018: <br />https://tradingeconomics.com/country-list/government-debt-to-gdp<br /><br />Economic Growth<br />International Monetary Fund - World Economic Outlook Oct 2019<br />https://www.imf.org/en/Publica....tions/WEO/Issues/201

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