Bbc news nigeria overtake south africa in continents largest economy
I think there may be some misinformation here.
According to the latest data from the International Monetary Fund (IMF), South Africa remains the largest economy in Africa, not Nigeria. As of 2021, South Africa's nominal GDP is approximately $340 billion, while Nigeria's nominal GDP is around $250 billion.
While Nigeria has been growing rapidly in recent years, it still lags behind South Africa in terms of economic size. Nigeria's economy is the largest in Africa in terms of population, but not in terms of GDP.
Here are the latest GDP figures from the IMF:
- South Africa: $340 billion (2021 est.)
- Nigeria: $250 billion (2021 est.)
It's worth noting that the IMF's GDP figures are subject to revision and may change over time. However, as of now, South Africa remains the largest economy in Africa.
If you have any specific sources or articles that suggest Nigeria has overtaken South Africa, I'd be happy to take a look and provide more context.