Nigeria Government Spending  2010-2018 | Data | Chart | Calendar

Government Spending in Nigeria increased to 804097.38 NGN Million in the fourth quarter of 2016 from 754772.35 NGN Million in the third quarter of 2016. Government Spending in Nigeria averaged 1076743.19 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 750014.53 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 21.30 17.60 75.00 7.30 percent [+]
Government Budget -5.10 -2.10 0.80 -6.70 percent of GDP [+]
Government Revenues 1096.90 883.81 1261.30 498.54 NGN Billion [+]
Government Spending 804097.38 754772.35 1615675.03 750014.53 NGN Million [+]
Government Budget Value -2007.72 -1396.83 38.36 -2007.72 NGN Billion [+]
Fiscal Expenditure 3104.70 2280.63 3104.70 743.65 NGN Billion [+]
Credit Rating 27.58 [+]
Military Expenditure 1650.80 1723.20 6960.70 179.20 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
804097.38 754772.35 1615675.03 750014.53 2010 - 2016 NGN Million Quarterly
Constant 2010 Prices, NSA




government spending by Country
Country Last
Australia 84615.00 Mar/18
Brazil 112022.06 Apr/18
Canada 364860.00 Mar/18
China 203330.00 Dec/17
Euro Area 539.25 Mar/18
France 135809.00 Mar/18
Germany 140.47 Mar/18
India 3310.31 Mar/18
Indonesia 146088.51 Mar/18
Italy 78641.00 Mar/18
Japan 106654.00 Mar/18
Mexico 2137555.10 Mar/18
Netherlands 42382.00 Mar/18
Russia 3974.60 Dec/17
South Korea 59609.00 Mar/18
Spain 54438.00 Mar/18
Switzerland 19842.88 Mar/18
Turkey 54059159.40 Mar/18
United Kingdom 92239.00 Mar/18
United States 2929.79 Mar/18


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