Economy of Nigeria
The country's currency is the Nigerian Naira. The symbol used for this currency is ₦ and is abbreviated as NGN. 7% of the country's population is unemployed. The total number of unemployed in Nigeria is 13,711,267. Each year Nigeria exports about US$93.55 billion and imports about US$55.98 billion. The country's Gini index is 43.7. Nigeria has a Human Development Index (HDI) of 0.504. The Global Peace Index (GPI) for Nigeria is 2.91. Nigeria has a public debt of 43.3% of the country's gross domestic product (GDP) as estimated in 2012. Nigeria is considered a developing country. A nation's level of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life.