Nigeria Government Budget  1981-2017 | Data | Chart | Calendar | Forecast

Nigeria recorded a Government Budget deficit equal to 1.60 percent of the country's Gross Domestic Product in 2015. Government Budget in Nigeria averaged -2.85 percent of GDP from 1981 until 2015, reaching an all time high of 0.80 percent of GDP in 1996 and a record low of -6.70 percent of GDP in 1990.

Nigeria Government Budget
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Nigeria Government Last Previous Highest Lowest Unit
Government Debt to GDP 18.60 12.10 75.00 7.30 percent [+]
Government Budget -1.60 -0.90 0.80 -6.70 percent of GDP [+]
Government Revenues 805.05 938.71 1091.75 498.54 NGN Billion [+]
Credit Rating 27.58 [+]
Military Expenditure 2090.80 2065.60 8057.00 207.50 USD Million [+]
Government Spending 720290.00 834480.00 1615675.03 720290.00 NGN Million [+]
Government Budget Value -680.83 -406.00 38.36 -735.83 NGN Billion [+]
Fiscal Expenditure 1485.89 1344.71 1485.89 743.65 NGN Billion [+]

Nigeria Government Budget Notes

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Nigeria Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Government Budget - actual data, historical chart and calendar of releases - was last updated on July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1.60 -0.90 0.80 -6.70 1981 - 2015 percent of GDP Yearly

government budget by Country

Australia -2.40 Dec/16
Brazil -8.90 Dec/16
Canada 0.10 Dec/15
China -3.80 Dec/16
Euro Area -1.50 Dec/16
France -3.40 Dec/16
Germany 0.80 Dec/16
India -3.50 Dec/16
Indonesia -2.46 Dec/16
Italy -2.40 Dec/16
Japan -4.50 Dec/16
Mexico -2.60 Dec/16
Netherlands 0.40 Dec/16
Russia -3.70 Dec/16
South Korea -3.00 Dec/15
Spain -4.50 Dec/16
Switzerland 0.20 Dec/16
Turkey -1.00 Dec/15
United Kingdom -3.00 Dec/16
United States -3.20 Dec/16