Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,166,186 members, 7,864,089 topics. Date: Tuesday, 18 June 2024 at 11:34 AM

Nigeria Is 33 Largest Economy In The World(ppp). - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria Is 33 Largest Economy In The World(ppp). (553 Views)

PPP To Buhari, NASS: Commence Referendum For Biafra Agitators. / Latest IMF Figures Show Nigeria As World's 22nd Largest Economy / Nigerian States From Richest To Poorest (ppp) (2) (3) (4)

(1) (Reply)

Nigeria Is 33 Largest Economy In The World(ppp). by baron2000(m): 7:00pm On Mar 17, 2010
This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The differences between the OER- and PPP-denominated GDP values for most of the wealthy industrialized countries are generally much smaller.


Rank
country GDP (purchasing power parity) Date of Information

1 European Union $ 14,510,000,000,000 2009 est.

2 United States $ 14,260,000,000,000 2009 est.

3 China $ 8,791,000,000,000 2009 est.

4 Japan $ 4,141,000,000,000 2009 est.


5 India $ 3,561,000,000,000 2009 est.


6 Germany $ 2,812,000,000,000 2009 est.

7 United Kingdom $ 2,165,000,000,000 2009 est.

8 Russia $ 2,117,000,000,000 2009 est.

9 France $ 2,113,000,000,000 2009 est.

10 Brazil $ 2,024,000,000,000 2009 est.
.
.
.
.
.
.
.
.
.
26 South Africa $ 488,600,000,000 2009 est.

27 Egypt $ 470,400,000,000 2009 est.
.
.
32 Venezuela $ 355,200,000,000 2009 est.

33 Nigeria $ 353,200,000,000 2009 est.





for a comprehensive list , https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html?countryName=Nigeria&countryCode=ni&regionCode=af&rank=33#ni
Re: Nigeria Is 33 Largest Economy In The World(ppp). by fegflu: 7:44pm On Mar 17, 2010
Mumu, were u for get this information. My friend peace off. Do u knw wat it takes to be 33 largest economy in the world, rubbish
Re: Nigeria Is 33 Largest Economy In The World(ppp). by Ikengawo: 6:12am On Mar 18, 2010
the CIAworldfactbook and UN statistics you slowpoke.


lol my friend, i posted this not to long ago and everyone on this site wanted me dead. if i were you i'd lay low cause it's about to get ugly.

(1) (Reply)

Efcc Should Stop Running After Politician ! / Jonathan Bars Ex-ministers From Foreign Trips / Nigeria Islamic Court Bans Online Chat On Amputation Case

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 14
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.