Nigeria Government Spending  2010-2017 | Data | Chart | Calendar

Government Spending in Nigeria increased to 804097.38 NGN Million in the fourth quarter of 2016 from 720290.32 NGN Million in the third quarter of 2016. Government Spending in Nigeria averaged 1070129.33 NGN Million from 2010 until 2016, reaching an all time high of 1615675.03 NGN Million in the fourth quarter of 2010 and a record low of 671307.11 NGN Million in the first quarter of 2016.

Nigeria Government Spending
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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 -2.10 -1.60 0.80 -6.70 percent of GDP [+]
Government Revenues 963.23 1260.84 1260.84 498.54 NGN Billion [+]
Government Spending 804097.38 720290.32 1615675.03 671307.11 NGN Million [+]
Government Budget Value -646.54 -933.84 38.36 -933.84 NGN Billion [+]
Fiscal Expenditure 1609.78 2194.68 2194.68 743.65 NGN Billion [+]
Credit Rating 27.58 [+]
Military Expenditure 2090.80 2065.60 8057.00 207.50 USD Million [+]


Nigeria Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Nigeria Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Government Spending - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
804097.38 720290.32 1615675.03 671307.11 2010 - 2016 NGN Million Quarterly
Constant 2010 Prices, NSA




government spending by Country
Country Last
Australia 80079.00 Jun/17
Brazil 112563.93 Sep/17
Canada 353717.00 Jun/17
China 187841.00 Dec/16
Euro Area 534.68 Jun/17
France 130823.00 Sep/17
Germany 140.11 Jun/17
India 3910.80 Jun/17
Indonesia 193654.89 Sep/17
Italy 78936.60 Jun/17
Japan 106331.80 Sep/17
Mexico 1555633.00 Jun/17
Netherlands 42047.00 Sep/17
Russia 3892.60 Jun/17
South Korea 58078.80 Sep/17
Spain 53081.00 Jun/17
Switzerland 19847.24 Jun/17
Turkey 53457433.60 Jun/17
United Kingdom 91890.00 Jun/17
United States 2894.40 Sep/17