Government Revenues in Nigeria decreased to 842.09 NGN Billion in the third quarter of 2020 from 894.13 NGN Billion in the second quarter of 2020. source: Central Bank of Nigeria

Government Revenues in Nigeria averaged 873.86 NGN Billion from 2010 until 2020, reaching an all time high of 1418.87 NGN Billion in the fourth 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 March of 2021.

Government Revenues in Nigeria is expected to be 930.00 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 1050.00 in 12 months time. In the long-term, the Nigeria Government Revenues is projected to trend around 1100.00 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
842.09 894.13 1418.87 498.54 2010 - 2020 NGN Billion Quarterly

Nigeria Government Last Previous Highest Lowest Unit
Government Debt to GDP 34.98 29.10 75.00 7.30 percent [+]
Government Budget -3.60 -3.40 0.80 -6.00 percent of GDP [+]
Government Revenues 842.09 894.13 1418.87 498.54 NGN Billion [+]
Military Expenditure 1907.00 1621.00 6847.00 176.00 USD Million [+]
Credit Rating 28.00 [+]
Government Spending 2339712.81 1052886.18 2339712.81 609792.40 NGN Million [+]
Government Budget Value -1289.03 -1250.70 38.36 -1664.20 NGN Billion [+]
Government Debt 84574.18 85896.52 85896.52 48361.37 USD Million [+]
Fiscal Expenditure 2131.12 2144.83 2627.38 743.65 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.