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

Government Spending in Nigeria increased to 795880.30 NGN Million in the fourth quarter of 2017 from 624001.80 NGN Million in the third quarter of 2017. Government Spending in Nigeria averaged 1031026.93 NGN Million from 2010 until 2017, reaching an all time high of 1615675.03 NGN Million in the fourth quarter of 2010 and a record low of 624001.80 NGN Million in the third quarter of 2017.

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 680.13 911.33 1091.75 498.54 NGN Billion [+]
Government Spending 795880.30 624001.80 1615675.03 624001.80 NGN Million [+]
Government Budget Value -397.17 -718.09 38.36 -1664.20 NGN Billion [+]
Fiscal Expenditure 1077.29 1629.41 2495.13 743.65 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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
795880.30 624001.80 1615675.03 624001.80 2010 - 2017 NGN Million Quarterly
Constant 2010 Prices, NSA




government spending by Country
Country Last
Argentina 97236.00 Jun/18
Australia 85568.00 Jun/18
Brazil 112192.85 Aug/18
Canada 366209.00 Jun/18
China 203330.00 Dec/17
Euro Area 541.83 Jun/18
France 135762.00 Jun/18
Germany 141.98 Jun/18
India 3972.15 Jun/18
Indonesia 193616.31 Jun/18
Italy 78678.70 Jun/18
Japan 106792.20 Jun/18
Mexico 2196413.00 Jun/18
Netherlands 44597.00 Jun/18
Russia 3972.90 Jun/18
Saudi Arabia 183426.00 Jun/18
Singapore 10663.00 Jun/18
South Africa 639964.00 Jun/18
South Korea 59634.50 Jun/18
Spain 54951.00 Jun/18
Switzerland 19857.94 Jun/18
Turkey 58800570.50 Jun/18
United Kingdom 92940.00 Jun/18
United States 3171.81 Jun/18


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