Despite Lagos boasting a Gross Domestic Product (GDP) of $259bn, the daily realities of many residents tell a different story ...

Lagos GDP has reached $259 billion, solidifying its position as Africa’s second-largest economy behind Cairo. The Gross ...

2021 cycle at the GDP level. Figure 1 shows the distribution of PPP-based global output by geographic region and World Bank’s Fiscal Year 2023 (FY23) income group against shares of the global ...

Former Lagos State governorship candidate of the Labour Party (LP), Gbadebo Rhodes-Vivour, has criticized the state government over persistent economic challenges and poor living conditions for ...

Olu, governor of Lagos, says the state's gross domestic product (GDP) based on purchasing power parity  (PP) hit $259.75 billion in 2023 -- the second highest in Africa.

The World Bank uses market-based rates to determine the weights in its regional and global aggregations of real GDP, whereas the IMF and the Organization for Economic Cooperation and Development use ...

LAGOS – Lagos State has cemented its position as one of Africa’s economic powerhouses, with its Gross Domestic Product (GDP) reaching an impressive $259 billion based on purchasing power parity (PPP).

Commercial drilling began in 2019. As of January 2025, India’s GDP per capita is $2,940 (Nominal) and $11,940 (PPP). In the GDP per capita ranking for 2025, India stands at the 124th position ...

The World Bank uses market-based rates to determine the weights in its regional and global aggregations of real GDP, whereas the IMF and the Organisation for Economic Co-operation and Development use ...

They provide a measure of what an economy’s local currency can buy in another economy. PPP-based comparisons of economic output differ from market exchange rate-based comparisons as the latter do not ...

Vivour, the 2023 governorship candidate of the Labour Party (LP) in Lagos State, has faulted the claim by Babajide Sanwo-Olu, ...