Nigeria Underperforms in Africa’s GDP Per Capita Ranking; Nigeria 18th, Seychelles 1st

GDP per capita (i.e. gross domestic product divided by total population) is the most efficient way of measuring productivity in economies. It indicates a nation’s standard of living (think of what everyone will get if the whole “wealth” of a nation is shared equally). Here is how Africa stands, using 2022 data, courtesy of Nairametrics: … Continue reading Nigeria Underperforms in Africa’s GDP Per Capita Ranking; Nigeria 18th, Seychelles 1st