Nigeria
As of 2015[update], Nigeria is the world's 20th largest economy, worth more than $500 billion and $1 trillion in terms of nominal GDP and purchasing power parity respectively. It overtook South Africa to become Africa's largest economy in 2014. Also, the debt-to-GDP ratio is only 11 percent, which is 8 percent below the 2012 ratio. Nigeria is considered to be an emerging market by the World Bank; It has been identified as a regional power on the African continent, a middle power in international affairs, and has also been identified as an emerging global power. Nigeria is a member of the MINT group of countries, which are widely seen as the globe's next "BRIC-like" economies. It is also listed among the "Next Eleven" economies set to become among the biggest in the world. Nigeria is a founding member of the Commonwealth of Nations, the African Union, OPEC, and the United Nations amongst other international organisations.
Chihuahua (state)
During the 1990s after NAFTA was signed, industrial development grew rapidly with foreign investment. Large factories known as maquiladoras were built to export manufactured goods to the United States and Canada. Today, most of the maquiladoras produce electronics, automobile, and aerospace components. There are more than 406 companies operating under the federal IMMEX or Prosec program in Chihuahua. The large portion of the manufacturing sector of the state is 425 factories divided into 25 industrial parks accounting for 12.47% of the maquiladoras in Mexico, which employ 294,026 people in the state. While export-driven manufacturing is one of the most important components of the state's economy, the industrial sector is quite diverse and can be broken down into several sectors, which are: electronics, agro-industrial, wood base manufacturing, mineral, and biotech. Similar to the rest of the country, small businesses continue to be the foundation of the state’s economy. Small business employs the largest portion of the population.[citation needed]
Iran
Tehran is the country's capital and largest city, as well as its leading cultural and economic center. Iran is a major regional and middle power, exerting considerable influence in international energy security and the world economy through its large reserves of fossil fuels, which include the largest natural gas supply in the world and the fourth-largest proven oil reserves. Iran's rich cultural legacy is reflected in part by its 19 UNESCO World Heritage Sites, the fourth-largest number in Asia and 12th-largest in the world.
Southeast Asia
The region's economy greatly depends on agriculture; rice and rubber have long been prominent exports. Manufacturing and services are becoming more important. An emerging market, Indonesia is the largest economy in this region. Newly industrialised countries include Indonesia, Malaysia, Thailand, and the Philippines, while Singapore and Brunei are affluent developed economies. The rest of Southeast Asia is still heavily dependent on agriculture, but Vietnam is notably making steady progress in developing its industrial sectors. The region notably manufactures textiles, electronic high-tech goods such as microprocessors and heavy industrial products such as automobiles. Oil reserves in Southeast Asia are plentiful.
Reserve currency
The top reserve currency is generally selected by the banking community for the strength and stability of the economy in which it is used. Thus, as a currency becomes less stable, or its economy becomes less dominant, bankers may over time abandon it for a currency issued by a larger or more stable economy. This can take a relatively long time, as recognition is important in determining a reserve currency. For example, it took many years after the United States overtook the United Kingdom as the world's largest economy before the dollar overtook the pound sterling as the dominant global reserve currency. In 1944, when the US dollar was chosen as the world reference currency at Bretton Woods, it was only the second currency in global reserves.
United States
The United States has a capitalist mixed economy which is fueled by abundant natural resources and high productivity. According to the International Monetary Fund, the U.S. GDP of $16.8 trillion constitutes 24% of the gross world product at market exchange rates and over 19% of the gross world product at purchasing power parity (PPP).The nominal GDP of the U.S. is estimated to be $17.528 trillion as of 2014. From 1983 to 2008, U.S. real compounded annual GDP growth was 3.3%, compared to a 2.3% weighted average for the rest of the G7. The country ranks ninth in the world in nominal GDP per capita according to the United Nations (first in the Americas) and sixth in GDP per capita at PPP. The U.S. dollar is the world's primary reserve currency.The United States is the largest importer of goods and second-largest exporter, though exports per capita are relatively low. In 2010, the total U.S. trade deficit was $635 billion. Canada, China, Mexico, Japan, and Germany are its top trading partners. In 2010, oil was the largest import commodity, while transportation equipment was the country's largest export. Japan is the largest foreign holder of U.S. public debt. The largest holder of the U.S. debt are American entities, including federal government accounts and the Federal Reserve, who hold the majority of the debt.
Chihuahua (state)
The state has the 12th-largest state economy in Mexico, accounting for 2.7% of the country’s GDP. Chihuahua has the fifth highest manufacturing GDP in Mexico and ranks second for the most factories funded by foreign investment in the country. As of 2011[update], the state had an estimated 396 billion pesos (31.1 billion dollars) of annual GDP. According to official federal statistical studies, the service sector accounted for the largest portion of the state economy at 59.28%; the manufacturing and industrial sector is estimated to account for 34.36% of the state's GDP, with the agricultural sector accounting for 6.36% of the state's GDP. Manufacturing sector was the principal foreign investment in the state followed by the mining sector. In 2011, the state received approximately 884 million dollars in remittances from the United States, which was 4.5% of all remittances from the United States to Mexico.
Seattle
Seattle's economy is driven by a mix of older industrial companies, and "new economy" Internet and technology companies, service, design and clean technology companies. The city's gross metropolitan product was $231 billion in 2010, making it the 11th largest metropolitan economy in the United States. The Port of Seattle, which also operates Seattle–Tacoma International Airport, is a major gateway for trade with Asia and cruises to Alaska, and is the 8th largest port in the United States in terms of container capacity. Though it was affected by the Great Recession, Seattle has retained a comparatively strong economy, and remains a hotbed for start-up businesses, especially in green building and clean technologies: it was ranked as America's No. 1 "smarter city" based on its government policies and green economy. In February 2010, the city government committed Seattle to becoming North America's first "climate neutral" city, with a goal of reaching zero net per capita greenhouse gas emissions by 2030.
South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by 2,798 kilometres (1,739 mi) of coastline of Southern Africa stretching along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Swaziland (Eswatini); and it surrounds the kingdom of Lesotho. South Africa is the largest country in Southern Africa and the 25th - largest country in the world by land area and, with close to 56 million people, is the world's 24th-most populous nation. It is the southernmost country on the mainland of the Old World or the Eastern Hemisphere. About 80 percent of South Africans are of Sub-Saharan African ancestry, divided among a variety of ethnic groups speaking different African languages, nine of which have official status. The remaining population consists of Africa's largest communities of European (white), Asian (Indian), and multiracial (Coloured) ancestry.
Economy of India
The economy of India is an underdeveloped mixed economy. It is the world's seventh - largest economy by nominal GDP and the third - largest by purchasing power parity (PPP). The country ranks 141st in per capita GDP (nominal) with $1723 and 123rd in per capita GDP (PPP) with $6,616 as of 2016. After 1991 economic liberalisation, India achieved 6 - 7% average GDP growth annually. In FY 2015 India's economy became the world's fastest growing major economy surpassing China. The long - term growth prospective of the Indian economy is positive due to its young population, corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy.
India
Economic liberalisation, begun in 1991, has caused India to become a fast growing major economy and a newly industrialised country.  Its gross domestic product ranks sixth in the world in market exchange rates and third in purchasing power parity.  Its per capita income ranks 133rd and 116th in the two measures.   India faces challenges of poverty, corruption, malnutrition, and inadequate public healthcare.  A nuclear weapons state and regional power, it has the second largest active military in the world and ranks high in military expenditure. India is a secular, federal republic, governed in a democratic parliamentary system, and administered in 29 states and seven union territories.  A pluralistic, multilingual and multi-ethnic society, India is home to 1.3 billion people.  It is also home to a high diversity of wildlife in a variety of protected habitats.
Economy of Texas
As a sovereign country (2016), Texas would be the 10th largest economy in the world by GDP (ahead of South Korea and Canada). Texas's household income was $48,259 in 2010 ranking 25th in the nation. The state debt in 2012 was calculated to be $121.7 billion, or $7,400 per taxpayer. Texas has the second largest population in the country after California.
Nigeria
During the oil boom of the 1970s, Nigeria joined OPEC and the huge revenue generated made the economy richer. Despite huge revenues from oil production and sale, the military administration did little to improve the standard of living of the population, help small and medium businesses, or invest in infrastructure. As oil revenues fuelled the rise of federal subventions to states, the federal government became the centre of political struggle and the threshold of power in the country. As oil production and revenue rose, the Nigerian government became increasingly dependent on oil revenues and the international commodity markets for budgetary and economic concerns. It did not develop other sources of the economy for economic stability. That spelled doom to federalism in Nigeria.
Mali Federation
The Mali Federation () was a federation in West Africa linking the French colonies of Senegal and the Sudanese Republic (or French Sudan) for a period of only two months in 1960. It was founded on 4 April 1959 as a territory with self-rule within the French Community and became independent after negotiations with France on 20 June 1960. Two months later, on 19 August 1960, the Sudanese Republic leaders in the Mali Federation mobilized the army and Senegal leaders in the federation retaliated by mobilizing the gendarmerie (national police) which resulted in a tense stand-off and the withdrawal from the federation by Senegal the next day. The Sudanese Republic officials resisted this dissolution, cut off diplomatic relations with Senegal, and defiantly changed the name of their country to Mali. For the brief existence of the Mali Federation, the premier was Modibo Keïta, who would become the first President of the Republic of Mali after the Mali Federation dissolved, and its government was based in Dakar, Senegal.
States of Nigeria
Date Events Map 1960 - 1963 At the time of independence in 1960, Nigeria was a Federal State of three Regions: Northern, Western, and Eastern. Additionally, provinces, which were a legacy of colonial times, remained extant until they were abolished in 1976. 1963 - 1967 In 1963, two provinces were detached from the Western Region to form the new Mid-Western Region. 1967 - 1976 In 1967, the regions were replaced by 12 states due to a military decree; only the former Mid-Western Region escaped division, and formed a single state following the restructuring. From 1967 to 1970 the areas of Mid-Western State and the Eastern Region attempted to secede, as a nation called Biafra during the Nigerian civil war. 1976 - 1987 In 1976, seven new states were created, making 19 altogether. 1987 - 1991 During this period, there were 21 states and later, Abuja, the Federal Capital Territory. 1991 - 1996 During this period, there were 30 states and the Federal Capital Territory. The Federal Capital Territory was established in 1991. In 1987 two new states were established, followed by another nine in 1991, bringing the total to 30. The latest change, in 1996, resulted in the present number of 36 states.
Mali
Mali (; ), officially the Republic of Mali (), is a landlocked country in West Africa. Mali is the eighth-largest country in Africa, with an area of just over . The population of Mali is /1e6 round 1 million. 67% of its population was estimated to be under the age of 25 in 2017. Its capital is Bamako. The sovereign state of Mali consists of eight regions and its borders on the north reach deep into the middle of the Sahara Desert, while the country's southern part, where the majority of inhabitants live, features the Niger and Senegal rivers. The country's economy centers on agriculture and mining. Some of Mali's prominent natural resources include gold, being the third largest producer of gold in the African continent, and salt.
Saudi Arabia
Petroleum was discovered on 3 March 1938 and followed up by several other finds in the Eastern Province. Saudi Arabia has since become the world's second largest oil producer (behind the US) and the world's largest oil exporter, controlling the world's second largest oil reserves and the sixth largest gas reserves. The kingdom is categorized as a World Bank high-income economy with a high Human Development Index and is the only Arab country to be part of the G-20 major economies. The state has attracted criticism for a variety of reasons including: its archaic treatment of women, its excessive and often extrajudicial use of capital punishment, state-sponsored discrimination against religious minorities and atheists, its role in the Yemeni Civil War, sponsorship of Islamic terrorists, and its strict interpretation of Sharia law. The kingdom has the world's third-highest military expenditure and, according to SIPRI, was the world's second largest arms importer from 2010 to 2014. Saudi Arabia is considered a regional and middle power. In addition to the GCC, it is an active member of the Organisation of Islamic Cooperation and OPEC.
Libya
Libya (; ; ), officially the State of Libya, is a country in the Maghreb region in North Africa, bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad to the south, Niger to the southwest, Algeria to the west, and Tunisia to the northwest. The sovereign state is made of three historical regions: Tripolitania, Fezzan and Cyrenaica. With an area of almost , Libya is the fourth largest country in Africa, and is the 16th largest country in the world. Libya has the 10th-largest proven oil reserves of any country in the world. The largest city and capital, Tripoli, is located in western Libya and contains over one million of Libya's six million people. The second-largest city is Benghazi, which is located in eastern Libya.
South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded on the south by 2,798 kilometres (1,739 mi) of coastline of Southern Africa stretching along the South Atlantic and Indian Oceans; on the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and on the east and northeast by Mozambique and Swaziland; and surrounds the kingdom of Lesotho. South Africa is the largest country in Southern Africa and the 25th - largest country in the world by land area and, with close to 56 million people, is the world's 24th-most populous nation. It is the southernmost country on the mainland of the Old World or the Eastern Hemisphere. About 80 percent of South Africans are of Sub-Saharan African ancestry, divided among a variety of ethnic groups speaking different African languages, nine of which have official status. The remaining population consists of Africa's largest communities of African (black), European (white), Asian (Indian), and multiracial (coloured) ancestry.
List of African countries by GDP (nominal)
2017 Rank Country Nominal GDP ($billions) Nominal GDP per capita (US $) Notes Nigeria 376.284 1,994.235 South Africa 349.299 6,179.870 Egypt 237.037 2,500.772 Algeria 178.287 4,292.272 Angola 124.209 4,407.657 6 Sudan 119.00 1,428.000 7 Morocco 109.824 3,151.145 8 Ethiopia 80.874 872.840 9 Kenya 79.511 1,701.550 10 Tanzania 51.725 1,033.567 11 Ghana 47.032 1,663.190 12 Democratic Republic of the Congo 41.441 478.237 13 Ivory Coast 40.360 1,616.981 14 Tunisia 40.275 3,496.286 15 Cameroon 34.006 1,400.743 16 Libya 31.331 4,858.672 17 Uganda 26.349 699.410 18 Zambia 25.504 1,479.542 19 Zimbabwe 17.491 1,175.723 20 Botswana 17.168 7,876.997 21 Senegal 16.463 1,038.094 22 Mali 15.318 810.771 23 Gabon 15.206 7,971.589 24 Namibia 12.687 5,413.508 25 Mozambique 12.681 429.296 26 Burkina Faso 12.569 663.806 27 Mauritius 12.428 9,794.102 28 Madagascar 11.463 447.558 29 Equatorial Guinea 10.725 12,726.956 30 Chad 9.872 810.163 31 Guinea 9.721 749.463 32 Benin 9.238 830.404 33 Rwanda 9.137 771.702 34 Congo 8.513 1,958.174 35 Niger 8.253 439.997 36 Somalia 7.382 547.32 37 Malawi 6.206 323.740 38 Eritrea 5.813 979.692 39 Mauritania 5.116 1,317.938 40 Togo 4.767 611.133 41 Swaziland 4.491 3,914.821 42 Sierra Leone 3.641 491.448 43 Burundi 3.396 312.463 44 Liberia 3.285 729.292 45 South Sudan 2.870 228.034 46 Lesotho 2.768 1,425.310 47 Djibouti 2.029 1,988.765 48 Central African Republic 1.928 386.806 49 Cape Verde 1.741 3,237.597 50 Seychelles 1.482 15,685.955 51 Guinea - Bissau 1.350 794.107 52 The Gambia 1.009 480.040 53 Comoros 0.652 787.831 54 São Tomé and Príncipe 0.379 1,785.280 -- Total 2,191.104
When did the country with Africa's largest economy become a federation of 19 states?
what country has the largest economy in africa
Nigeria
when did #1 become a federation of 19 states
1976