Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe - Politics - Nairaland
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| Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by shogsman(m): 2:43pm On Feb 23, 2022 |
Europe is one of the biggest and richest continent in the world only second to Asia and North America,the collective wealth of Europe is almost $17t Europe is home to 44 countries , however this number is subjected to dispute as many claims the like of kazhakstan ,turkey etc are also in Europe. Albania Andorra Austria Belarus Belgium Bosnia and Herzegovina Bulgaria Croatia Czechia Denmark Estonia Finland France Germany Greece Hungary Iceland Ireland Italy Latvia Liechtenstein Lithuania Luxembourg Malta Moldova Monaco Montenegro Netherlands North Macedonia Norway Poland Portugal Romania Russia San Marino Serbia Slovakia Slovenia Spain Sweden Switzerland Ukraine United Kingdom (UK) Holy sea As of today Nigeria has a gdp of almost $500b Only 12 countries in Europe has a higher GDP than Nigeria this countries includes Russia Germany France Italy Spain Sweden Netherlands France Belgium Poland Switzerland Turkey. https://www.statista.com/statistics/383118/gross-domestic-product-gdp-in-nigeria/ However it is worthy to note even though technically Nigeria is richer than the likes of Romania, Ukraine, Czech republic, Bulgaria , Austria , Ireland, Norway, Denmark, Greece, Luxembourg , Portugal , Croatia, Belarus, Lithuania etc the standard of living in Nigeria is still poorer compared to those countries due to the corruption and mismanagement of funds in the country.
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| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by Dituta: 2:46pm On Feb 23, 2022 |
My pocket, Isioma's purse and Olawale's bank account shows no signs of the 6 Likes 1 Share |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by FERNANDEZISBACK: 2:46pm On Feb 23, 2022 |
Indeed but the country called Nigeria is a turning into a disaster on a daily basis..so unfortunate that most Nigerians will always fail to address their problem instead try to comfort themself through comparison..  I laugh Nigeria..a country that lacks foresight.. 3 Likes 1 Share |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by Kundagarten: 2:49pm On Feb 23, 2022 |
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| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by Nobody: 2:50pm On Feb 23, 2022 |
Pakisatan and New Zealand have the same gdp. Yet New Zealand's richer than Pakistan because Pakistan has a population 14 times that of New Zealand, if not much higher. Nigeria has a gdp of 500 billion. Nigeria also has 211 million people. No European country has that high a population. Hence the GDP once divided is not much. For Nigeria to be at par with euorpe we have to.raise our gdp. And it is not by selling oil or agriculture or minerals that we would achieve that 12 Likes 2 Shares |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by foryourmindlol: 3:01pm On Feb 23, 2022 |
Hahahaha! Comparing a tower of babel shithole with 200m people to European countries who are naturally partitioned by tribe and have population of 500k people. Worst comparison ever. Compare GDP per capita. 6 Likes 2 Shares |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by MikeBetty(m): 3:04pm On Feb 23, 2022 |
Higher GDP and lower standard of living. Even sudan has better standard of living than nigeria. Nigerians are fleeing to HAITI 1 Like 1 Share |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by budaatum: 3:12pm On Feb 23, 2022 |
Dituta: That might be because you are not contributing towards the GDP. After all, you should be reaping where you are sowing. |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by SUFFERInSMILIIN(m): 3:12pm On Feb 23, 2022 |
shogsman: When the people illiterate they can't believe any fake statistics or inflated statistics |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by dasparrow: 3:16pm On Feb 23, 2022 |
Corruption, tribalism and religious intolerance is the bane of Nigeria's existence. 1 Like |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by Nobody: 3:19pm On Feb 23, 2022 |
Our higher GDP is useless and nonrealistic when compared to the standard of living, infrastructure of those European countries 2 Likes 1 Share |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by RenaissanceGuy: 3:27pm On Feb 23, 2022 |
It's not GDP that determines a country's wealth, but its standard of living or its per capita income which is arrived at by dividing the GDP by the population. 3 Likes 1 Share |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by FreeStuffsNG: 3:42pm On Feb 23, 2022 |
RenaissanceGuy: How you make these incorrect assertions you all make with gusto and ignorance beggars belief! Please take time off the unsocial media and nairaland, quit wasting your life and time, pick even ordinary o' level economics textbook and read. It is because most of you are ignorant that most people in government do not take youths serious. They can easily see your ignorance. GDP is the most popular and basic of all the parameters used to measure a nation's productivity and wealth. There are others like GDP per capita, Gini coefficient and more elaborate ones like HDI. The poverty of people who are lazy and idlying away and wasting away for long on the social media is self inflicted. Something tells me that it is low self esteem that makes you downplay the significance of Nigeria being richer than 73% of Europe. You would probably be praising those countries if it is the other way around. That GDP of Nigeria is even understated. By next year when the CBN e-evaluator would have started capturing most of our exports and imports, many of you will realize that your poverty in the midst of plenty is poverty of the choice of negative mindset, indiscipline and laziness. There is a reason foreigners are trooping in . What you call problems and go on the social media to lament and go is the opportunity creating wealth for them and some resourceful Nigerians. All that most of you want is easy and free money like crypto, ponzi, bet etc while your hearts are filled with bigotry and hatred for our leaders ,especially PMB. Please amend your ways sir. Here's free book on business ideas & money sources directory for you,it's 100% free! https://www.nairaland.com/6666800/looking-business-ideas-money-fund. Cheers. 3 Likes |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by shogsman(m): 3:42pm On Feb 23, 2022 |
RenaissanceGuy:You can't achieve any of that with a low and stagnant gdp, you build a bedrock of a successful nation with it's gdp and make sure it is evenly distributed,you can't effectively distribute something that isn't sufficient 2 Likes |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by Ishitinyourlife: 3:46pm On Feb 23, 2022 |
RenaissanceGuy:Actually you're wrong, irrespective of how it is distributed the GDP nominal is the first way to measure a country's collective wealth.like the other guy said you can't distribute what you don't have 1 Like |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by RenaissanceGuy: 4:22pm On Feb 23, 2022 |
shogsman:The word 'low' is relative. What you view as low might be viewed as high by the country concerned due to its population size. So, considering our population of 200m+, our GDP of $500B is low compared to another country with a GDP of $150B and a population size of 5m people. 1 Like |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by Rossikk(m): 4:31pm On Feb 23, 2022 |
shogsman: You are an ignorant economic illiterate commenting on what you know nothing about. Do you even know what 'GDP' means? Have you calculated GDP per capita? Or you think just because nation A has a 'higher GDP' than nation B means automatically that nation A should be ''doing better''? Go and study what GDP and GDP per capita mean before coming here to blame ''corruption and mismanagement'' for your ignorance. 7 Likes 1 Share |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by aribisala0(m): 4:35pm On Feb 23, 2022 |
Ishitinyourlife:Not sure what your point is GDP per Capita is the better measure of quality of life and Nigeria is 170 n the world A great shame 2 Likes |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by Akudaisi: 4:36pm On Feb 23, 2022 |
Well I don't know school well enough but if 10 million was to be share among the Nigerian population and if 5 million was to be share with Swedish population..... Well and u're given a chance to decided which country you should be in while the sharing is being conducted ...you would be a big fool if you consider Nigeria .... U get the point now 3 Likes |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by foryourmindlol: 4:46pm On Feb 23, 2022 |
OP is dumb. If I call 5 people laborers (set A) and dash them 5k. Then call another set of laborers (set B) who are 500 in number and give them 10k. Which set of laborers are richer? This is why Nigeria will never develop. We have Hausa-Fulani and Yoruba Muslim low IQ quota system urchins voting and making decisions while actually knowledgeable people are relagated to the background. Tufia  2 Likes |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by JOemmy(m): 5:31pm On Feb 23, 2022 |
What's the use of the $500b GDP when the ordinary nigerian masses doesn't even fill the impact? All those European countries with smaller GDP still have a far better quality of life than nigeria. |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by shogsman(m): 8:00pm On Feb 23, 2022 |
foryourmindlol:Nigeria won't develop because we let unintelligent blokes with nothing to contribute to the economy like you roam around freely,the fact that dunce like you with zero manners or basic ethics are allowed on platforms like this speaks volume 1 Like |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by foryourmindlol: 8:08pm On Feb 23, 2022 |
[s] shogsman:[/s] Your utopia shithole Fraudgeria will remain an abyss of terrorism and corruption because you will keep begging for yoonity from people you hate and people that don't want you. Go your way Mr. Boko Haram terrorist. Stop giving me the "free food" you claim you are giving me. Expel Igbos with your National Assembly since you always claim majority then Carry your failed 21st century tower of babel and go and merge with Niger Republic and Chad and Mali to build a bigger megashithole
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| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by RenaissanceGuy: 9:08pm On Feb 23, 2022 |
FreeStuffsNG:Scroll up and read my reply to shogs.man and how another person Ross.ikk corroborated it. |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by pargelenis(m): 12:58pm On Feb 28, 2022 |
backbencher:I laud you sir for trying to educate this dullard OP. Unfortunately, Putin Puppets are a special breed of crètins that makes any attempt to impart logic very challenging. |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by Ogbuefi2020: 1:59pm On Feb 28, 2022 |
This is what we have been telling Yoruba people. No be by GDP, IGR or skyscrapers. Most part of Europe don't have these things, and yet well developed. The east is the most developed part of Nigeria |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by Whois(m): 2:18pm On Feb 28, 2022 |
Ogbuefi2020: The same east that most towns looks like a village inside a village  basic amenities like police station, water, bank, everyday market, connecting inner road they don't have. I'm specking from my experience in enugu and abia1 Like |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by Mossadd: 2:18pm On Feb 28, 2022 |
Large population for small GDP |
| Re: Did You Know That Nigeria Has A Higher GDP Than 73% Of Europe by shogsman(m): 2:27pm On Feb 28, 2022 |
Mossadd:You're right, Nigeria's population is almost half of Europes ,but if the GDP was equally distributed Among it's people,it would have been enough to sustain the population |
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