Nigeria recorded a Government Budget deficit equal to 4.70 percent of the country's Gross Domestic Product in 2021. source: Central Bank of Nigeria
Government Budget in Nigeria averaged -2.43 percent of GDP from 1981 until 2021, reaching an all time high of 0.80 percent of GDP in 1996 and a record low of -6 percent of GDP in 1991. This page provides - Nigeria Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Government Budget - values, historical data and charts - was last updated on July of 2022.
Government Budget in Nigeria is expected to reach -4.00 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Government Budget is projected to trend around -3.80 percent of GDP in 2023 and -3.70 percent of GDP in 2024, according to our econometric models.