Showing posts with label ₦80.3 trillion GDP.. Show all posts
Showing posts with label ₦80.3 trillion GDP.. Show all posts

Sunday, April 6, 2014

Nigeria(170m) beats S.A(51m) hands down: Now the African Continent's biggest economy with ₦80.3 trillion GDP.



Nigeria’s last GDP rebasing was done in 1990


Barely days after being listed by the World Bank amongst the world’s five poorest countries, Nigeria has declared a Gross Domestic Product, GDP, of N80.3 trillion ($509.9bn), pushing ahead of South Africa as the continent’s biggest economy.

The new figure was announced Sunday by the National Bureau of Statistics after a rebasing that nearly doubled Nigeria’s GDP from N42.3 trillion.

ST

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