Environmental taxes (Domestic Currency) in Nigeria
Nigeria: Environmental taxes (Domestic Currency) was 44.70 billion in 2021. ◆ Volatile
Environmental taxes in Nigeria, 2010–2021
Source: International Monetary Fund.
Analysis
In 2021, environmental taxes in Nigeria stood at 44.70 billion. That is the highest value across all 12 years on record.
The figure is up 57.4% on the previous year and up 691.3% over ten years.
Over the whole period, environmental taxes in Nigeria peaked at 44.70 billion in 2021 and was at its lowest, 5.65 billion, in 2011.
That places Nigeria 45th out of 123 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Environmental taxes (Domestic Currency) in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 6.12 billion | — |
| 2011 | 5.65 billion | -7.7% |
| 2012 | 8.79 billion | +55.6% |
| 2013 | 15.41 billion | +75.3% |
| 2014 | 12.57 billion | -18.4% |
| 2015 | 18.41 billion | +46.5% |
| 2016 | 19.95 billion | +8.3% |
| 2017 | 19.95 billion | +0.0% |
| 2018 | 23.96 billion | +20.1% |
| 2019 | 30.27 billion | +26.4% |
| 2020 | 28.39 billion | -6.2% |
| 2021 | 44.70 billion | +57.4% |
Nigeria compared with similar countries
- Nigeria's 44.70 billion is above the median for lower middle income countries, which is 7.99 billion, 5.6× the median. (26 countries reporting)
- Nigeria's 44.70 billion is below the median for Sub-Saharan Africa, which is 57.60 billion, 78% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 16.11 billion | 5.65 billion | 30.27 billion | 10 |
| 2020s | 36.55 billion | 28.39 billion | 44.70 billion | 2 |
Countries ranked near Nigeria
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Frequently asked questions
- What is environmental taxes in Nigeria?
- Environmental taxes in Nigeria was 44.70 billion in 2021, according to International Monetary Fund.
- What is the highest environmental taxes recorded in Nigeria?
- The highest recorded value was 44.70 billion in 2021.
- What is the lowest environmental taxes recorded in Nigeria?
- The lowest recorded value was 5.65 billion in 2011.
- How does Nigeria rank for environmental taxes?
- Nigeria ranks 45th out of 123 countries with data for 2021.
- Is environmental taxes rising or falling in Nigeria?
- Over the last ten years it is up 691.3%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Environmental taxes (Domestic Currency). Statizoid updates them automatically from the source API.
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About this data
This dataset tracks government revenue from taxes imposed on activities that negatively impact the environment. These taxes are categorized into four types: energy taxes (including fuel for transport), transport taxes (excluding fuel for transport), pollution taxes, and resource taxes.