1. EconomyNigeria

   Nigeria: in 14 years out of 18 the IMF expected lower inflation than came

   Each April the IMF forecasts the next year. For Nigeria, in 2008–2025 inflation came in above the forecast in 14 of 18 years, typically by 2.6 percentage points. The biggest miss: 2024 — in April 2023 the IMF expected 15.8%, the outcome was 33.2%.

   Source: IMF World Economic Outlook 2007–2026Open on the chart →

More findings

• Nigeria now has more people than Russia
• Nigeria: twice as many babies are born as in the whole EU
• Nigeria: the economy “grew” 77% in six months, retroactively
• GDP growth plans for a deadline year in 5 countries: 2 of 7 came true. Nigeria expected 7% in 2020 and got minus 6.4%
• Promises to hold inflation in 6 countries: 3 of 8 came true. Turkey promised under 10% by 2023 and got 53.9%
• Goals to cut infant mortality: 4 of 10 came true on time. Turkey promised below 5 per 1,000 by 2023 and had 9.8

All findings →