Expenditure, General government, Domestic currency (9/26/2025) in Nigeria
Nigeria: Expenditure, General government, Domestic currency (9/26/2025) was 129.83 trillion in 2031. ◆ Volatile
Expenditure, General government, Domestic currency in Nigeria, 1990–2031
Source: International Monetary Fund.
Analysis
In 2031, expenditure, general government, domestic currency in Nigeria stood at 129.83 trillion. That is the highest value across all 42 years on record.
The figure is up 12.6% on the previous year and up 487.1% over ten years.
Over the whole period, expenditure, general government, domestic currency in Nigeria peaked at 129.83 trillion in 2031 and was at its lowest, 99.77 billion, in 1990.
Nigeria ranks 5th of 26 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Expenditure, General government, Domestic currency (9/26/2025) in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 99.77 billion | — |
| 1991 | 114.24 billion | +14.5% |
| 1992 | 204.32 billion | +78.8% |
| 1993 | 354.63 billion | +73.6% |
| 1994 | 299.42 billion | -15.6% |
| 1995 | 361.81 billion | +20.8% |
| 1996 | 418.61 billion | +15.7% |
| 1997 | 560.50 billion | +33.9% |
| 1998 | 721.38 billion | +28.7% |
| 1999 | 1.11 trillion | +54.6% |
| 2000 | 1.71 trillion | +53.1% |
| 2001 | 2.51 trillion | +47.1% |
| 2002 | 2.20 trillion | -12.5% |
| 2003 | 3.09 trillion | +40.5% |
| 2004 | 3.18 trillion | +2.9% |
| 2005 | 3.97 trillion | +24.9% |
| 2006 | 3.53 trillion | -11.0% |
| 2007 | 5.98 trillion | +69.5% |
| 2008 | 5.63 trillion | -5.9% |
| 2009 | 6.83 trillion | +21.4% |
| 2010 | 9.20 trillion | +34.7% |
| 2011 | 11.02 trillion | +19.7% |
| 2012 | 10.77 trillion | -2.2% |
| 2013 | 11.46 trillion | +6.4% |
| 2014 | 12.05 trillion | +5.1% |
| 2015 | 10.52 trillion | -12.7% |
| 2016 | 10.01 trillion | -4.8% |
| 2017 | 13.78 trillion | +37.6% |
| 2018 | 16.55 trillion | +20.1% |
| 2019 | 18.19 trillion | +9.9% |
| 2020 | 18.65 trillion | +2.6% |
| 2021 | 22.11 trillion | +18.5% |
| 2022 | 29.10 trillion | +31.6% |
| 2023 | 32.70 trillion | +12.4% |
| 2024 | 44.84 trillion | +37.1% |
| 2025 | 51.78 trillion | +15.5% |
| 2026 | 79.31 trillion | +53.2% |
| 2027 | 82.17 trillion | +3.6% |
| 2028 | 88.47 trillion | +7.7% |
| 2029 | 101.04 trillion | +14.2% |
| 2030 | 115.26 trillion | +14.1% |
| 2031 | 129.83 trillion | +12.6% |
Nigeria compared with similar countries
- Nigeria's 129.83 trillion is above the median for lower middle income countries, which is 7.89 trillion, 16.5× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 424.96 billion | 99.77 billion | 1.11 trillion | 10 |
| 2000s | 3.86 trillion | 1.71 trillion | 6.83 trillion | 10 |
| 2010s | 12.35 trillion | 9.20 trillion | 18.19 trillion | 10 |
| 2020s | 55.02 trillion | 18.65 trillion | 101.04 trillion | 10 |
| 2030s | 122.54 trillion | 115.26 trillion | 129.83 trillion | 2 |
Countries ranked near Nigeria
More public sector data for Nigeria
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 21.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.2879 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -27.96 % change on previous year (2024)
Frequently asked questions
- What is expenditure, general government, domestic currency in Nigeria?
- Expenditure, general government, domestic currency in Nigeria was 129.83 trillion in 2031, according to International Monetary Fund.
- What is the highest expenditure, general government, domestic currency recorded in Nigeria?
- The highest recorded value was 129.83 trillion in 2031.
- What is the lowest expenditure, general government, domestic currency recorded in Nigeria?
- The lowest recorded value was 99.77 billion in 1990.
- How does Nigeria rank for expenditure, general government, domestic currency?
- Nigeria ranks 5th out of 26 countries with data for 2031.
- Is expenditure, general government, domestic currency rising or falling in Nigeria?
- Over the last ten years it is up 487.1%. 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 Expenditure, General government, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.