The African Financial Review July-August 2014 | Page 25

market prices increased to US $1,232.6 billion in 2007 from US$
1,083.51billion in the previous year. This figure later dropped to
US$ US$1,034.2 billion in the first quarter of year 2009 (CBN,
2009). The IMF (2009) added that, for some emerging economies,
the GDP at current market prices in 2007 stood at US$273 &