Government Revenues in Nigeria decreased to 938.72 NGN Billion in the fourth quarter of 2019 from 1738.81 NGN Billion in the third quarter of 2019.

Government Revenues in Nigeria averaged 872.76 NGN Billion from 2010 until 2019, reaching an all time high of 1738.81 NGN Billion in the third quarter of 2019 and a record low of 498.54 NGN Billion in the second quarter of 2015. This page provides - Nigeria Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Government Revenues - values, historical data and charts - was last updated on July of 2020. source: Central Bank of Nigeria

Government Revenues in Nigeria is expected to be 850.00 NGN Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Revenues in Nigeria to stand at 1200.00 in 12 months time. In the long-term, the Nigeria Government Revenues is projected to trend around 1230.00 NGN Billion in 2021 and 1300.00 NGN Billion in 2022, according to our econometric models.

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Nigeria Government Revenues

Actual Previous Highest Lowest Dates Unit Frequency
938.72 1738.81 1738.81 498.54 2010 - 2019 NGN Billion Quarterly

Nigeria Government Last Previous Highest Lowest Unit
Government Debt to GDP 17.50 18.20 75.00 7.30 percent [+]
Government Budget -2.80 -3.20 0.80 -6.00 percent of GDP [+]
Government Revenues 938.72 1738.81 1738.81 498.54 NGN Billion [+]
Military Expenditure 1907.00 1621.00 6847.00 176.00 USD Million [+]
Credit Rating 30.00 [+]
Government Spending 1082949.34 1077871.98 1615675.03 609792.40 NGN Million [+]
Government Budget Value -1135.74 -675.21 38.36 -1664.20 NGN Billion [+]
Government Debt 84053.32 85390.82 85390.82 48361.37 USD Million [+]
Fiscal Expenditure 2074.46 2414.03 2514.02 743.65 NGN Billion [+]


Nigeria Government Revenues
Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation.