Nigeria Government Budget Value

Nigeria recorded a government budget deficit of 398.22 NGN Billion in the first quarter of 2019. Government Budget Value in Nigeria averaged -417.63 NGN Billion from 2010 until 2019, reaching an all time high of 38.36 NGN Billion in the third quarter of 2010 and a record low of -1664.20 NGN Billion in the third quarter of 2017.

Government Budget Value in Nigeria is expected to be -769.77 NGN Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Nigeria to stand at -380.75 in 12 months time. In the long-term, the Nigeria Government Budget Value is projected to trend around -487.44 NGN Billion in 2020, according to our econometric models.

1Y 5Y 10Y MAX

width

height

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Learn More Questions? Contact us Already a Member? Login

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Nigeria Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	21.30	17.60	75.00	7.30	percent	[+]
Government Budget	-5.10	-2.10	0.80	-6.70	percent of GDP	[+]
Government Revenues	798.82	1121.55	1121.55	498.54	NGN Billion	[+]
Government Spending	842195.49	904099.06	1615675.03	624001.80	NGN Million	[+]
Government Budget Value	-398.22	-713.13	38.36	-1664.20	NGN Billion	[+]
Fiscal Expenditure	1197.04	1834.69	2495.13	743.65	NGN Billion	[+]
Credit Rating	27.58					[+]
Military Expenditure	1907.00	1621.00	6847.00	176.00	USD Million	[+]

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. This page provides - Nigeria Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Government Budget Value - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-398.22	-713.13	38.36	-1664.20	2010 - 2019	NGN Billion	Quarterly

Export Data API

Country	Last		Previous	Range
Argentina	-6598.20	Jun/19	25974	25974 : -135316	ARS Million
Australia	13326.00	May/19	7020	14307 : -23705	AUD Million
Brazil	-47558.00	May/19	-28048	26044 : -123821	BRL Million
Canada	-14900.00	Mar/19	4310	5770 : -14900	CAD Million
China	-48.70	May/19	-72.3	5886 : -15554	CNY Billion
France	-83.90	May/19	-67.2	-4.21 : -149	EUR Billion
Germany	5.87	Sep/18	36.06	40.63 : -58.9	EUR Billion
India	-3661.57	May/19	-1570	-94.06 : -8515	INR Billion
Indonesia	-259900.00	Dec/18	-340976	12605 : -340976	IDR Billion
Italy	10.44	May/19	-16.95	27.41 : -43.39	EUR Billion
Japan	72556.00	Mar/19	-41094	76276 : -347513	JPY HND Million
Mexico	-5692.80	May/19	62527	340612 : -308192	MXN Million
Netherlands	17.00	Mar/19	1.5	17.6 : -19	EUR Billion
Russia	1561.07	Jun/19	1150	3835 : -2967	RUB Billion
Saudi Arabia	-135704.00	Dec/18	-238494	580924 : -362229	SAR Million
Singapore	17603.90	May/19	1698	17604 : -9045	SGD Million
South Africa	-15882.00	May/19	-73147	70466 : -90538	ZAR Million
South Korea	-19104.00	May/19	-25893	42914 : -28619	KRW Billion
Spain	-15202.00	May/19	-8195	12365 : -99130	EUR Million
Switzerland	2176.00	Dec/19	1373	11751 : -18294	CHF Million
Turkey	-11869039.00	May/19	-14309064	13023775 : -39815859	TRY Thousand
United Kingdom	-4426.00	Jun/19	-2429	19203 : -15378	GBP Million
United States	-8000.00	Jun/19	-208000	214255 : -233977	USD Million