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Elon Musk Reacts as Nigeria Makes Top 10 List of Countries Contributing to Global GDP
In a surprising twist on global economic rankings, Nigeria has been cited among the top 10 countries contributing to global real GDP growth this year, prompting a reaction from billionaire tech magnate Elon Musk.
Data attributed to the International Monetary Fund (IMF) for 2026 shows China and India leading global real GDP expansion, with China’s contribution estimated at roughly 26.6% and
India’s at 17.0%. Nigeria, together with other emerging economies such as Brazil and Indonesia, was listed as accounting for around 1.5 % of global growth, placing it in the top 10 contributors globally.
The ranking highlights the shifting dynamics of the world economy, as growth increasingly comes from large developing nations rather than traditional Western economic powerhouses.
Reacting to these figures on social media, Musk underscored the broader theme of changing global economic power. “The balance of power is changing,” he wrote in a brief post, linking to IMF data that emphasised the outsized roles of China and India in driving global growth — while also indirectly drawing attention to the rising contributions of other emerging markets.
Market commentators and analysts say the inclusion of Nigeria reflects both demographic momentum — Africa’s most populous nation — and a rebound in several key sectors, including telecommunications, real estate, and trade. The news has been met with enthusiasm by some observers in Nigeria, who see it as validation of long-term economic reforms and diversification efforts.
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