So where did you put Liechtenstein and Monaco? Not sure this list is correct.

Odingo1:


That is just because they are tiny countries with little population, USA is far richer than all of them.

USA total earning per a year is more than 19 trillion dollars, but when you divide it by a population of about 300 million people the GDP will go down, the same with China, Germany, France, Uk

Lol

nograv:


Stay and fix our country.

A good start is picking a better leader, not atiku and the Daura vegetable isnt an option...

Someone like Donald Duke or even Omoyele Sowore..

dos people too will cum n eat dia own Good luck n PMB ve good will 4dis country but people wit dem dnt want dat

sweerychick:
.if not for greed and ethnic differences Nigeria should have been in the first five

Is any of the countries in that list upto 15million people? NO
Nigeria is 150million as at 2014, so wake up Nigeria can't make the list.

dam1l0la:


All those countries are lowly populated, that's what makes their money enough when distributed with the population. Nigeria is richer, bjh with high population. I'm saying this in respect of those 10 countries ni o, not comparing with highly populated and yet developed countries like China and US

You are right. What most of those countries have in common is that they are small countries with a small population. This makes distribution of wealth more evenly.

Hmmmmm
Nigeria can't even avoid to stay in number 2
Wit all our resources Oga oooo
I know Nigeria can't make it to d top but if there re talking about embezzlement country
Omo forget we're number 1

drakeli:
Non of these countries is as rich as the UK , USA and China in terms of their economic turnover and national reserves. They are simply the countries with the highest GDP per capita. These simply translates that they have very small population compared to their resources. Which means in a lay man language, their population is so small enough for every citizen to have a big share of the country’s wealth more than citizens of other countries . This does not make the total of their wealth up to that of these other countries mentioned above.

You're right. The purpose of posting this article on nairaland however is so that people here will realize subliminally that the problem of Nigeria is not just bad leaders. Over population is by itself another problem. Take a look at it like this. The country can improve the economy considerably but if the population keeps increasing exponentially, it will be really difficult to get the GDP to something impressive.

USA is richest for the mere fact they can print paper (dollar) enough to buy the entire world if they wanted.

okosodo:
Hausa people can never allow us achieve any of this feat

Stop drug peddling and human trafficking first.

internationalman:
And yet these countries are still substandard to the US, UK China and the likes.

So Qatar, Norway are substandard in your backward reasoning? Looks like you have a different dictionary where Substandard has a different meaning

abangaLEE:
I tell u, that Macao is not as rich as Dangote let alone Nigeria abegi tell me another thing joor

if you know the meaning of GDP per capital and the calculation, i'm pretty sure you wouldn't have debunked this simple fact. You need to get an Economics textbook

okosodo:
Hausa people can never allow us achieve any of this feat

Are the Hausa that influential to stop u from achieving greatness? How will they do that?

okosodo:
Hausa people can never allow us achieve any of this feat

how Una wan achieve when alcohol and kpekus no go allow una focus

internationalman:
And yet these countries are still substandard to the US, UK China and the likes.

You don't know what you're saying

Henryjr:
We said so, that is per capita GDP and not gross gdp. The likes of USA, China et al has a bigger n powerful economy than those shits mentioned. They can be rated higher if u talk abt welfare but can't be compared to d power houses. Some of them has lesser GDP compared to our own Nigeria. #Economics

you are so stupid for calling those countries shity countries.

internationalman:
And yet these countries are still substandard to the US, UK China and the likes.

sub standard as in how there is a difference between being rich and powerful or great. These might not be as powerful as the countries u listed cos being powerful is a combination of different things and not just being rich. Like your influence and the size if your economy but that doesn't change the fact that these countries have a higher standard of living compared to the countries u listed.

sweerychick:
.if not for greed and ethnic differences Nigeria should have been in the first five

Impossible. And this your assertion is one of the reasons why. You just speak out of emotion and not analytically and this lack of critical thinking is why we are where we are. The average Nigerian is too ignorant to be in that list.
First and last of all, looking at the list you immediately observe that all these countries are sparsely populated so the revenue generated is not spread thin as in Nigeria but more concentrated. None of these countries is heavily industrialized so just don't go the way if work ethic or technology. They are just better managers ond keep their loins in check and their borders tight. They are all very introverted countries and territories. The US has incredible productivity so has China but they are all weighed down by huge populations so are not there.

Nigeria on the other hand has every possible bad index. Highly ignorant, poorly educated, sexually indisciplined, lazy, corrupt. No amount of natural resources can overcome these debilitating challenges. Our population however is the primary reason why this country can never become rich. It is the same for a family, a community, a state and of course a nation.

okosodo:
Hausa people can never allow us achieve any of this feat

because they are downright backwards educationally and they keep breeding like pigs

abangaLEE:
I tell u, that Macao is not as rich as Dangote let alone Nigeria abegi tell me another thing joor

Typical Nigerian always living in delusion. Tickling their selves and laughing.

okosodo:
Hausa people can never allow us achieve any of this feat

I seconded you

abangaLEE:
I tell u, that Macao is not as rich as Dangote let alone Nigeria abegi tell me another thing joor

they said gdp/capital income

Let's just wait and hear from Lai Mohammed this not the final decision yet!. I think they will still re-write the list and include Nigeria among top 3.

Why is wakanda not number one??

internationalman:
And yet these countries are still substandard to the US, UK China and the likes.

There is a clear distinction between richest economy and rich nations.
If you consider Keenly, all the countries mentioned have very low population. The volume of what a country produces when divided by the population gives the GDP. Consequently, a country with a high population is bound to have a low GDP.
That a nation is declared "rich" does not necessarily mean every citizen there is well to do. How the wealth is distributed matters much.
Well, now am thinking seriously about living in Singapore

allanphash7:
Where is Nigeria

it is not as if I wasn't impressed at how much Dubai has been transformed. Nevertheless, if you must juxtapose, show pictures taken from the same spot. Cos in the second pic, here is a lake or river? Or is it artificial?

In any case, Dubai is a modern day wonder.

Pussyisfood:


You're right. The purpose of posting this article on nairaland however is so that people here will realize subliminally that the problem of Nigeria is not just bad leaders. Over population is by itself another problem. Take a look at it like this. The country can improve the economy considerably but if the population keeps increasing exponentially, it will be really difficult to get the GDP to something impressive.

Make dem trim am na

Barcanister:
This ojoro now,, we ve more churches and Mosques than dis people.. Why IMF??

These countries don't tithe or pay offering.. They Were caused countries but why IMF??

We leave our businesses to go to church everyday, we fast 50days, we go to mountains, we shout and pray like jobless people so dat we can be d richest country in d world.. But why IMF?

We so much believe in miracle and prosperity rather than working.. Why IMF?

OK but our pastors and politicians are so rich that 80% of the population were so poor I mean very poor.. we shd make d list.. Why IMF..

we are not doing enough . We are purpose to fast for 90% days, increase our tithe, scar our forehead more when praying. Or maybe this imf is biase.

lordraiden:
Where is Nigeria my dear country. Most of this countries are oil producing ... Yet 4ck-geria with one of the best oil in the world won't even be among the top 100 richest countries

As long as the oyel wealth is used to develope areas where it is not produced to the detriment of the real owners, it will continue to be a curse and not a blessing.

kelvinklein219:
What is nigeria now doing with 180+ million people, yet we are very lazy.. Lets just keep on selling oil abeg

180+ million people but poor human resources. Nigeria has lots of natural resources but lacks good value system that would have made this Country great. Some years back, Nigerian comedians made jest of the Ghanian cedi but today...(I reserve my comment).
Look at how Lee Kuan Yew (LKY) transformed Singapore from a 'third world' country to a 'first world'. The general populace is playing the blame game while the ruling class is using us as pawns...smh.
It's high time we overlooked our ethnic and religious differences and do things differently.

My 1kobo thought and advice.

And i was expecting to see countries like USA,China,Germany etc

have been to Luxembourg, it's a very fun place.. The fun over there is so much.. can't wait to visit Luxembourg again!


,#YOLO

miguel4suee:
with time we might get there.

if i hear? You don't sit down and dream things to happen. For example when ambode said he was going to ban the yellow buses, people were arguing on tv, radio and online about how modern and civilize it'll look. Some were saying it will increase crime.but i never hear anyone argue about which nigerian company is going to produce the new vehicles.
5000 vehicles is no small number. If we commission a nigeria company to produce them, little by little we'll get there. Benz and others started same way.