Nigeria: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 2734.64 billion Nigerian Naira as of Q4 2023, an increase compared to the previous value of 2542.12 billion Nigerian Naira. Historically, the average for Nigeria from Q1 2010 to Q4 2023 is 1797.67 billion Nigerian Naira. The minimum of 899.81 billion Nigerian Naira was recorded in Q1 2010, while the maximum of 4633.91 billion Nigerian Naira was reached in Q2 2020.
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* indicates monthly or quarterly data series
- Measure: billion Nigerian Naira
- Source: National Bureau of Statistics, Nigeria
| Recent values | Nigeria: Government expenditure, billion currency units |
|---|---|
| 2023 Q4 | 2734.64 |
| 2023 Q3 | 2542.12 |
| 2023 Q2 | 2376.71 |
| 2023 Q1 | 2366.48 |
| 2022 Q4 | 2277.61 |
| 2022 Q3 | 2316.32 |
| 2022 Q2 | 2226.42 |
| 2022 Q1 | 1991.98 |
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Definition: Total spending by all levels of government but excluding public enterprises.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Fiscal balance, percent of GDP | -5.10 | 2023 | percent |
| Government debt | 41.52 | 2023 | percent |
| Government expenditure | 2,542.12 | Q3/2023 | billion |
| Commercial tax rate | 34.80 | 2019 | percent |
| Tax preparation time | 343 | 2019 | hours |
| Number of taxes | 48 | 2019 | taxes |
| Foreign aid | 3,357.19 | 2021 | million U.S. dollars |