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Nigeria Now Tops South Africa As The Continent's Biggest Economy - Politics (13) - Nairaland

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Africa Day 2020: President Buhari Preaches Peace Across The Continent / Nigeria Re-emergence As Africa’s Biggest Economy, An Economic Scorecard Of PMB / Nigeria Has Taken Over South Africa As Africa Biggest Economy ~ BBC (2) (3) (4)

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Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by johnHerba(m): 2:13am On Mar 08, 2020
Re: Nigeria Now Tops South Africa As The Continent's Biggest Economy by 9jaRealist: 1:26am On Mar 12, 2020
Area4Area:
As far as Nigeria and other countries heavily dependent on oil is concerned, when price of oil goes up, GDP growth and size goes up, price comes down and it drags others down too

No, it does not change REAL GDP.

If you are producing 1 barrel of oil, it will still be 1 barrel of oil regardless of price...
The only way it COULD is if your goods are so price elastic that you produce more or less depending on price.
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