Nigeria recorded a government budget deficit of 2625.15 NGN Billion in the fourth quarter of 2024. Government Budget Value in Nigeria averaged -1217.36 NGN Billion from 2010 until 2024, reaching an all time high of 150.68 NGN Billion in the third quarter of 2010 and a record low of -4448.54 NGN Billion in the third quarter of 2024. source: Central Bank of Nigeria



Related Last Previous Unit Reference
Fiscal Expenditure 5939.63 6799.39 NGN Billion Dec 2024
Government Budget -5.30 -4.60 percent of GDP Dec 2023
Government Budget Value -2625.15 -4448.54 NGN Billion Dec 2024
Federal Government Revenues 8307.04 7222.36 NGN Billion Jun 2025


Nigeria Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.
Actual Previous Highest Lowest Dates Unit Frequency
-2625.15 -4448.54 150.68 -4448.54 2010 - 2024 NGN Billion Quarterly