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

Government Spending in Nigeria increased to 834480 NGN Million in the second quarter of 2016 from 726853 NGN Million in the first quarter of 2016. Government Spending in Nigeria averaged 1118955.26 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 726853 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 11.50 10.60 88.00 9.60 percent [+]
Government Budget -1.60 -0.90 0.80 -6.70 percent of GDP [+]
Government Revenues 805.05 938.71 1091.75 498.54 NGN Billion [+]
Credit Rating 27.58 [+]
Military Expenditure 2298.40 2357.70 3061.60 509.60 USD Million [+]
Government Spending 834480.00 726853.00 1615675.03 726853.00 NGN Million [+]
Government Budget Value -680.83 -406.00 38.36 -735.83 NGN Billion [+]
Fiscal Expenditure 1485.89 1344.71 1485.89 743.65 NGN Billion [+]


Nigeria Government Spending Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
834480.00 726853.00 1615675.03 726853.00 2010 - 2016 NGN Million Quarterly
Constant 2010 Prices, NSA



government spending by Country

Last
Australia 77999.00 Dec/16
Brazil 95500.22 Apr/17
Canada 351614.00 Dec/16
China 187841.00 Dec/16
Euro Area 531.23 Dec/16
France 130096.00 Mar/17
Germany 138.86 Mar/17
India 3165.95 Dec/16
Indonesia 142202.92 Mar/17
Italy 78635.41 Dec/16
Japan 106255.10 Mar/17
Mexico 1623290.00 Dec/16
Netherlands 42042.00 Mar/17
Russia 2686.80 Dec/16
South Korea 56152.00 Mar/17
Spain 52909.00 Mar/17
Switzerland 18297.50 Dec/16
Turkey 62216677.90 Dec/16
United Kingdom 91999.00 Mar/17
United States 2899.30 Mar/17