Nov 272015

Nigeria largest economy

The International Monetary Fund (IMF) has listed Nigeria as the world’s 22nd largest economy in the world.

According to a survey by the IMF, with an annual growth rate of 5% during the course of 2015, Nigeria’s gross domestic product (GDP) is set to total $1.105trn in 2015, representing a 5% growth from last year.

Africa’s two other economies on the list Egypt and South Africa, who were ranked 24th and 30th respectively, enjoyed GDP growth rates of 5.2% and 2.4% respectively.

Contributed By Sonia Narula

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