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

Government Spending in Nigeria decreased to 720290 NGN Million in the third quarter of 2016 from 834480 NGN Million in the second quarter of 2016. Government Spending in Nigeria averaged 1104189.88 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 720290 NGN Million in the third 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 1049.38 805.05 1091.75 498.54 NGN Billion [+]
Credit Rating 27.58 [+]
Military Expenditure 2090.80 2065.60 8057.00 207.50 USD Million [+]
Government Spending 720290.00 834480.00 1615675.03 720290.00 NGN Million [+]
Government Budget Value 3.22 -680.83 38.36 -735.83 NGN Billion [+]
Fiscal Expenditure 1046.16 1485.89 1485.89 743.65 NGN Billion [+]


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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
720290.00 834480.00 1615675.03 720290.00 2010 - 2016 NGN Million Quarterly
Constant 2010 Prices, NSA




government spending by Country

Last
Australia 80079.00 Jun/17
Brazil 109282.24 Jul/17
Canada 353717.00 Jun/17
China 187841.00 Dec/16
Euro Area 534.68 Jun/17
France 130133.00 Jun/17
Germany 140.11 Jun/17
India 3910.80 Jun/17
Indonesia 183922.00 Jun/17
Italy 78986.00 Jun/17
Japan 106215.20 Jun/17
Mexico 1555633.00 Jun/17
Netherlands 42035.00 Jun/17
Russia 3875.50 Mar/17
South Korea 56774.50 Jun/17
Spain 53081.00 Jun/17
Switzerland 19847.24 Jun/17
Turkey 53457433.60 Jun/17
United Kingdom 92538.00 Jun/17
United States 2894.30 Jun/17