Watch: NIGERIA VS MEXICO: Which Country Is Better? Which Would You Live, Work Or Invest?
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Nigeria Vs Mexico; which Country is better?
Hello, touristers, if you are used to content on our channel then you’d be aware that we primarily focus on content that is exclusively African, but we’ve decided to mix things up a bit and hopefully make it a little more interesting. And I promise we’re going to have a lot of fun on the way. It's time we take this show overseas. We’re going across the Atlantic, all the way to South America. It’s a showdown like no other, as Africa's finest take on South America, and the world. It's Nigeria vs Mexico. Back in Africa, nobody stood a chance against the all-mighty Nigeria. It was almost a little bit unfair, so let’s see how Nigeria fairs against competition its own size and since our world tour kicks off in South America. who better than Mexico to kick things off. But before we dive into Nigeria vs Mexico please take a second to hit the like button as it enables more people to view our content. Have you done that? Let’s move on
Alright then, let’s get this show on the road. Both Nigeria and Mexico are very influential in their respective continents and both also play a huge role on the world stage. Both have huge entertainment industries with worldwide appeal, with Mexican telenovelas being one of the most widely spread in the world and Nigeria Dramas killing on the world stage as well. But our focus is not on their similarities. We want to really look into the differences between Nigeria and Mexico and as always, we aren’t going to make the decision on who exactly among the two is better, we’ll just give you all the facts and let you decide which is better.
Let’s Kick it Off With Economy.
A determining factor of how well a country is doing is based on its economic output. This is usually measured according to its GDP or Gross Domestic Product. The GDP is important because it gives information about the size of the economy and how an economy is performing. The growth rate of real GDP is often used as an indicator of the general health of the economy. In broad terms, an increase in real GDP is interpreted as a sign that the economy is doing well. Nigeria has a GDP of 1.221 trillion dollars and Mexico has a GDP of 1.119 trillion dollars.
We also have to look at the national debt. National debt refers to the sum of all government borrowings owed to lenders within the country. Nigeria’s public debt is 21.8% of GDP and Mexico has a public debt of 54.3% of GDP. The GDP per capita is calculated by dividing the total GDP by the number of people living in the country. A higher GDP per capita indicates a superior standard of living. Nigeria has a GDP per capita of 6,130 dollars and Mexico has a GDP per capita of 20,645 dollars. This is large because of Nigeria's problem…Nigeria’s economy is bigger than that of Mexico but Mexicans have a higher standard of living than Nigerians.
Other Beautiful content you can watch on our channel.
WHY IS SOUTH AFRICA SO RICH? https://youtu.be/ZplB13Qt6nU
WHY IS NIGERIA SO RICH? https://www.youtube.com/watch?v=irHcy...
WHY IS GHANA SO RICH? https://www.youtube.com/watch?v=nQ-AI...
Ongoing Multibillion-Dollar Projects In Africa: https://www.youtube.com/watch?v=7pGNM...
Ongoing Mega Projects In South Africa: https://www.youtube.com/watch?v=wg3M9...
Most Impressive Mega Projects In Ghana: https://www.youtube.com/watch?v=jO6Le...
Best Business Ideas That Will create billionaires in Africa:https://www.youtube.com/watch?v=k0l8b...
Strongest Economies InAfrica: https://www.youtube.com/watch?v=Uf1mB...
How Morocco Secretly Rules The World: https://youtu.be/BX6HuiQb49A
Dangote's 14 Billion dollar Oil refinery: https://youtu.be/qSaCGHn8Lp0
Hope you enjoyed this video...Do Leave us alike.
For any copyright, matters contact us at [email protected]
FOOTAGE licensed through Storyblocks
Nigeria Vs Mexico; which Country is better?
Hello, touristers, if you are used to content on our channel then you’d be aware that we primarily focus on content that is exclusively African, but we’ve decided to mix things up a bit and hopefully make it a little more interesting. And I promise we’re going to have a lot of fun on the way. It's time we take this show overseas. We’re going across the Atlantic, all the way to South America. It’s a showdown like no other, as Africa's finest take on South America, and the world. It's Nigeria vs Mexico. Back in Africa, nobody stood a chance against the all-mighty Nigeria. It was almost a little bit unfair, so let’s see how Nigeria fairs against competition its own size and since our world tour kicks off in South America. who better than Mexico to kick things off. But before we dive into Nigeria vs Mexico please take a second to hit the like button as it enables more people to view our content. Have you done that? Let’s move on
Alright then, let’s get this show on the road. Both Nigeria and Mexico are very influential in their respective continents and both also play a huge role on the world stage. Both have huge entertainment industries with worldwide appeal, with Mexican telenovelas being one of the most widely spread in the world and Nigeria Dramas killing on the world stage as well. But our focus is not on their similarities. We want to really look into the differences between Nigeria and Mexico and as always, we aren’t going to make the decision on who exactly among the two is better, we’ll just give you all the facts and let you decide which is better.
Let’s Kick it Off With Economy.
A determining factor of how well a country is doing is based on its economic output. This is usually measured according to its GDP or Gross Domestic Product. The GDP is important because it gives information about the size of the economy and how an economy is performing. The growth rate of real GDP is often used as an indicator of the general health of the economy. In broad terms, an increase in real GDP is interpreted as a sign that the economy is doing well. Nigeria has a GDP of 1.221 trillion dollars and Mexico has a GDP of 1.119 trillion dollars.
We also have to look at the national debt. National debt refers to the sum of all government borrowings owed to lenders within the country. Nigeria’s public debt is 21.8% of GDP and Mexico has a public debt of 54.3% of GDP. The GDP per capita is calculated by dividing the total GDP by the number of people living in the country. A higher GDP per capita indicates a superior standard of living. Nigeria has a GDP per capita of 6,130 dollars and Mexico has a GDP per capita of 20,645 dollars. This is large because of Nigeria's problem…Nigeria’s economy is bigger than that of Mexico but Mexicans have a higher standard of living than Nigerians.
Other Beautiful content you can watch on our channel.
WHY IS SOUTH AFRICA SO RICH? https://youtu.be/ZplB13Qt6nU
WHY IS NIGERIA SO RICH? https://www.youtube.com/watch?v=irHcy...
WHY IS GHANA SO RICH? https://www.youtube.com/watch?v=nQ-AI...
Ongoing Multibillion-Dollar Projects In Africa: https://www.youtube.com/watch?v=7pGNM...
Ongoing Mega Projects In South Africa: https://www.youtube.com/watch?v=wg3M9...
Most Impressive Mega Projects In Ghana: https://www.youtube.com/watch?v=jO6Le...
Best Business Ideas That Will create billionaires in Africa:https://www.youtube.com/watch?v=k0l8b...
Strongest Economies InAfrica: https://www.youtube.com/watch?v=Uf1mB...
How Morocco Secretly Rules The World: https://youtu.be/BX6HuiQb49A
Dangote's 14 Billion dollar Oil refinery: https://youtu.be/qSaCGHn8Lp0
Hope you enjoyed this video...Do Leave us alike.
For any copyright, matters contact us at [email protected]
FOOTAGE licensed through Storyblocks