{"id":174130,"date":"2024-06-08T19:32:21","date_gmt":"2024-06-08T17:32:21","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigerias-economyll-hit-1-85tn-by-2029-imf\/"},"modified":"2024-06-08T19:32:21","modified_gmt":"2024-06-08T17:32:21","slug":"nigerias-economyll-hit-1-85tn-by-2029-imf","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigerias-economyll-hit-1-85tn-by-2029-imf\/","title":{"rendered":"Nigeria&#8217;s Economy&#8217;ll Hit $1.85tn By 2029 &#8211; IMF"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"19\">The International Monetary Fund has predicted that Nigeria&#8217;s economy will reach $1.85tn by 2029, in Purchasing Power Parity terms.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"16\">The projection suggests a significant growth trajectory for the country&#8217;s economy over the next five years.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"24\">According to the IMF data, Nigeria&#8217;s Gross Domestic Product in PPP terms has been steadily increasing, from $1.36tn in 2023 to $1.852tn in 2029.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"40\">GDP is the most commonly used single measure of a country&#8217;s overall economic activity. PPP is a theory that relates&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202406070463.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 West Africa <a title=\"Nigeria\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/west-africa\/nigeria\/\">Nigeria<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund has predicted that Nigeria&#8217;s economy will reach $1.85tn by 2029, in Purchasing Power Parity terms. The projection suggests a significant growth trajectory for the country&#8217;s economy over the next five years. According to the IMF data, Nigeria&#8217;s Gross Domestic Product in PPP terms has been steadily increasing, from $1.36tn in 2023 [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":174131,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[249],"tags":[48728,258,256,48727,8032,1283,257,393,5761,254],"class_list":["post-174130","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria","tag-1-85tn","tag-africa","tag-africa-news","tag-economyll","tag-hit","tag-imf","tag-news","tag-nigeria-news","tag-nigerias","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/174130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=174130"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/174130\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/174131"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=174130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=174130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=174130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}