Nigeria Not Among Top 15 Richest African Countries by GDP per Capita

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Nigeria, despite being Africa’s largest economy by nominal GDP, is not ranked among the top 15 richest countries on the continent when measured by GDP per capita.

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Q According to recent data, smaller nations with higher economic output relative to their population sizes, such as Seychelles, Mauritius, and Botswana, have surpassed Nigeria in terms of wealth per individual.

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Nigeria’s GDP per capita remains lower due to its large population and socio-economic challenges. This highlights the disparity between total national income and the average wealth of citizens, shedding light on the nation’s struggle to achieve equitable economic growth.

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