In 1960, Singapore was one of the underdeveloped countries in the world with a GDP per capita of $428. By 2020, the country’s GDP per capita had surged to $65,233—152 times larger in 60 years.
On the other hand, Nigeria’s per capita income was $92.96 in 1960 and $2,250 in 2020—24 times la
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
