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 18.60 12.10 75.00 7.30 percent [+]
Government Budget -2.10 -1.60 0.80 -6.70 percent of GDP [+]
Government Revenues 883.81 932.11 1261.30 498.54 NGN Billion [+]
Government Spending 804097.38 754772.35 1615675.03 750014.53 NGN Million [+]
Government Budget Value -424.88 -176.09 38.36 -735.83 NGN Billion [+]
Fiscal Expenditure 1308.69 1108.20 1485.89 743.65 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 January 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 81684.00 Sep/17
Brazil 105371.40 Nov/17
Canada 358066.00 Sep/17
China 187841.00 Dec/16
Euro Area 535.69 Sep/17
France 131054.10 Sep/17
Germany 139.50 Sep/17
India 3962.84 Sep/17
Indonesia 193654.89 Sep/17
Italy 79135.20 Sep/17
Japan 106160.90 Sep/17
Mexico 2089840.06 Sep/17
Netherlands 42032.00 Sep/17
Russia 3908.40 Sep/17
South Korea 58078.80 Sep/17
Spain 53571.00 Sep/17
Switzerland 19934.98 Sep/17
Turkey 51715524.70 Sep/17
United Kingdom 91509.00 Sep/17
United States 2899.97 Sep/17


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