Create Build Optimize Nigeria
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25/03/2023
The number of startups in Nigeria was estimated to have exceeded 3,360 in 2022, the highest number in Africa. To follow, Kenya and South Africa counted approximately 1,000 and over 660 startups in the same year, respectively.
Other key African markets for startups were Ghana, Morocco, Tunisia, and Rwanda.
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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25/03/2023
Nigeria’s economic freedom score is 53.9, making its economy the 124th freest in the 2023 Index. Its score is 0.5 point lower than last year. Nigeria is ranked 22nd out of 46 countries in the Sub-Saharan Africa region, and its overall score is below the world average.
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