Is Cameroon Richer Than Nigeria?

Nigeria has a GDP per capita of $5,900 as of 2017, while in Cameroon, the GDP per capita is $3,700 as of 2017.

Is Cameroon economy better than Nigeria?

In 2020, Cameroon did not export any services to Nigeria. Comparison In 2020, Nigeria ranked 125 in the Economic Complexity Index (ECI -1.65), and 50 in total exports ($42.4B). That same year, Cameroon ranked 121 in the Economic Complexity Index (ECI -1.37), and 126 in total exports ($3.69B).

Is Cameroon bigger than Nigeria?

Nigeria is about 1.9 times bigger than Cameroon.
Cameroon is approximately 475,440 sq km, while Nigeria is approximately 923,768 sq km, making Nigeria 94% larger than Cameroon.

Is Ghana richer than Nigeria?

Nigeria is the biggest economy on the continent; according to the World Bank, Nigeria’s GDP is more than seven times the GDP of Ghana.

What is the relationship between Nigeria and Cameroon?

Contemporary diplomatic and economic relations
Both countries are members of the Lake Chad Basin Commission and the African Union. The initial bilateral trade agreement of 1963 was revised in January 1982 and April 2014, and Nigeria is a major source of imports to Cameroon.

Is Nigeria more developed than Cameroon?

Nigeria has a GDP per capita of $5,900 as of 2017, while in Cameroon, the GDP per capita is $3,700 as of 2017.

Which African country is richer than Nigeria?

Egypt, Nigeria, Morocco, and Kenya followed, establishing the five wealthier markets in the continent.
Total private wealth in Africa as of 2021, by country (in billion U.S. dollars)

Is Cameroon one of the richest country?

Numerous African economies are unstable, poverty is widespread, and poor access to vaccines is slowing the entire continent’s recovery from the COVID-19 pandemic.
Richest African Countries 2022.

Is Cameroon a rich African country?

Cameroon is a lower-middle-income country with a population of over 25 million (2019).

What is Cameroon best known for?

Cameroon is the first country in Africa to make it to the quarter-finals of FIFA world cup. The Cameroonian national team is called the Indomitable Lions. They are one of the greatest African teams in football/soccer. They made it to the quarter-finals of the 1999 FIFA world cup.

Is Nigeria richer than us?

United States has a GDP per capita of $59,800 as of 2017, while in Nigeria, the GDP per capita is $5,900 as of 2017.

Which is the best country in Africa?

1. South Africa: At 136.02, South Africa has the highest quality of life index score in Africa. The country’s purchasing power index currently stands at 78.36. It has a healthcare index score of 63.97 and a cost of living index score of 42.09.

What is the most developed country in Africa?

Mauritius
For instance, Mauritius, Africa’s most developed country, was ranked 66 out of 189 countries.

Is Cameroon the poorest country in Africa?

Based on the per capita GDP and GNI values from 2020, Burundi ranks as the poorest country in not only Africa, but also the world.

Can a Nigerian travel to Cameroon without a passport?

Entry Requirements. Citizens of Nigeria can Visit Cameroon for a period of 90 days without a visa. Intending visitors are required to have a passport valid for at least 6 months beyond the date of departure, even though the country is visa-free for Nigerians.

Is Nigeria visa free to Cameroon?

Cameroon is popularly described as “Africa in miniature” because of its diverse nature in climate, vegetation, religion and culture. It is a visa free country for Nigerian passport holders. Visa-free travel is the ability to visit a country without having to complete lengthy visa procedures.

Which African country is fast developing?

Ethiopia and Rwanda, for example, saw some of the fastest expansions in the world—an average of more than 7.5 percent per year over the past two decades.

Is Nigeria the richest country in the world?

Known for its vibrant cultural heritage, different ethnicities, natural splendour, and large population, Nigeria remains the number one producer in terms of GDP output on the continent and Africa’s wealthiest country.

Is Cameroon a poor country?

Cameroon is a low middle-income country at two speeds: poverty and inequality are deteriorating in the northern regions notably the conflict prone North-West, while declining slightly in the rest of the country.

What is the top 10 poorest country in Africa?

That said, below are 10 poorest countries in Africa based on low GDP per capita. Burundi: Has a GPD per capita of $239 according to the World Bank. Mozambique: Has a GPD per capita of $448.5 according to the World Bank. Madagascar: Has a GPD per capita of $471.5 according to the World Bank.

Is Nigeria richer than UK?

Economy. Nigeria has a GDP per capita of $5,900 as of 2017, while in United Kingdom, the GDP per capita is $44,300 as of 2017.