Comparisons / Comparison of Nigeria and Tanzania

Comparison of Nigeria and Tanzania [S]ave

Attribute
Nigeria
×

Tanzania
×
Geography
Area (km²)923,768947,300
ContinentAfricaAfrica
Land area (km²)910,768885,800
Water area (km²)13,00061,500
Land boundaries (km)4,4774,161
Border countries
  • Benin
  • Cameroon
  • Chad
  • Niger
  • Burundi
  • Democratic Republic of the Congo
  • Kenya
  • Malawi
  • Mozambique
  • Rwanda
  • Uganda
  • Zambia
Coastline (km)8531,424
Mean elevation (m)3801,018
Lowest point (m)00
Highest point (m)2,4195,895
People
Population214,028,30258,552,845
Official languages
  • English
  • English
  • Kiswahili or Swahili
ReligionMuslimChristian
Government
Long country nameFederal Republic of NigeriaUnited Republic of Tanzania
Short country nameNigeriaTanzania
Long local name-Jamhuri ya Muungano wa Tanzania
Short local name-Tanzania
Former name-
  • German East Africa
  • Trust Territory of Tanganyika
  • United Republic of Tanganyika and Zanzibar
Government typeFederal presidential republicPresidential republic
CapitalAbujaDar es Salaam
Economy
GDP (PPP) (USD)1,121,000,000,000162,500,000,000
GDP (OER) (USD)376,400,000,00051,760,000,000
GDP (real growth rate) (%)0.86
GDP - per capita (PPP) (USD)5,9003,200
Gross national saving (% of GDP)18.225
Labor force60,080,00024,890,000
Unemployment rate (%)16.510.3
Population below poverty line (%)7022.8
Budget revenues (USD)12,920,000,0007,873,000,000
Budget expenditures (USD)19,540,000,0008,818,000,000
Military expenditures (% of GDP)0.511.21
Taxes and other revenues (% of GDP)3.415.2
Budget surplus or deficit (% of GDP)-1.8-1.8
Public debt (% of GDP)21.837
Inflation rate (%)16.55.3
Central bank discount rate (%)4.258.25
Commercial bank prime lending rate (%)17.5817.62
Stock of narrow money (USD)36,130,000,0005,002,000,000
Stock of broad money (USD)36,130,000,0005,002,000,000
Stock of domestic credit (USD)84,660,000,0009,045,000,000
Market value of publicly traded shares (USD)53,070,000,0001,803,000,000
Current account balance (USD)10,380,000,000-1,464,000,000
Exports (USD)1,146,000,0004,971,000,000
Imports (USD)32,670,000,0007,869,000,000
Reserves of foreign exchange and gold (USD)38,770,000,0005,301,000,000
External debt (USD)40,960,000,00017,660,000,000
National currencynairasTanzanian shillings
National currency (code)NGNTZS
National currency (symbol)-
National currency rate to USD323.52



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