Nigeria vs Venezuela, Bolivarian Republic of: Wage bill as a percentage of GDP
Nigeria
1.7%
in 2022
Venezuela, Bolivarian Republic of
1.4%
in 2022
Nigeria rank
188th
Venezuela, Bolivarian Republic of rank
190th
Wage bill as a percentage of GDP over time
- Nigeria
- Venezuela, Bolivarian Republic of
How they compare
Nigeria currently reports 1.7% against 1.4% in Venezuela, Bolivarian Republic of, a difference of 0.3%.
That makes Nigeria's figure about 1.2 times Venezuela, Bolivarian Republic of's.
The two have swapped places 1 time across 21 shared years of data; in 2002 it was Venezuela, Bolivarian Republic of ahead.
Nigeria ranks 188th and Venezuela, Bolivarian Republic of ranks 190th of 191 countries.
Across the 3 decades both report, Nigeria averaged higher in 1 and Venezuela, Bolivarian Republic of in 2.
Head to head by decade
| Decade | Nigeria | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.2% | 4.4% | 2.2% | Venezuela, Bolivarian Republic of |
| 2010s | 2.0% | 3.7% | 1.8% | Venezuela, Bolivarian Republic of |
| 2020s | 1.8% | 0.7% | 1.0% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher wage bill as a percentage of gdp, Nigeria or Venezuela, Bolivarian Republic of?
- Nigeria, at 1.7% against 1.4% in Venezuela, Bolivarian Republic of as of 2022.
- What is the difference in wage bill as a percentage of gdp between Nigeria and Venezuela, Bolivarian Republic of?
- 0.3%, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Venezuela, Bolivarian Republic of?
- 21 years are reported by both, from 2002 to 2022.
- How do Nigeria and Venezuela, Bolivarian Republic of rank globally for wage bill as a percentage of gdp?
- Nigeria ranks 188th and Venezuela, Bolivarian Republic of ranks 190th of 191 countries.
- Where does this data come from?
- The World Bank, published as Wage bill as a percentage of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.