Expenditure, General government, Percent of GDP in Nigeria
Nigeria: Expenditure, General government, Percent of GDP was 12.46 in 2030. ▼ Falling
Latest (2030)
12.46
Change on year
down 0.3%
World rank
193rd
of 195 countries
All-time high
21.91
in 2001
All-time low
6.93
in 2016
Years of data
40
1991–2030
Expenditure, General government, Percent of GDP in Nigeria, 1991–2030
Source: International Monetary Fund.
Analysis
The most recent figure for expenditure, general government, percent of gdp in Nigeria is 12.46, measured in 2030.
That represents a change of down 0.3% on the previous year and up 42.7% over ten years.
Over the whole period, expenditure, general government, percent of gdp in Nigeria peaked at 21.91 in 2001 and was at its lowest, 6.93, in 2016.
Nigeria ranks 193rd of 195 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 40 years of available data.
Expenditure, General government, Percent of GDP in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 13.61 | — |
| 1992 | 15.95 | +17.2% |
| 1993 | 20 | +25.4% |
| 1994 | 12.06 | -39.7% |
| 1995 | 8.87 | -26.4% |
| 1996 | 7.87 | -11.4% |
| 1997 | 9.68 | +23.1% |
| 1998 | 11.16 | +15.3% |
| 1999 | 14.92 | +33.6% |
| 2000 | 17.57 | +17.8% |
| 2001 | 21.91 | +24.7% |
| 2002 | 13.76 | -37.2% |
| 2003 | 16.48 | +19.7% |
| 2004 | 13.02 | -21.0% |
| 2005 | 12.65 | -2.9% |
| 2006 | 8.75 | -30.9% |
| 2007 | 12.88 | +47.2% |
| 2008 | 10.21 | -20.7% |
| 2009 | 10.96 | +7.3% |
| 2010 | 11.78 | +7.5% |
| 2011 | 12.28 | +4.3% |
| 2012 | 10.54 | -14.2% |
| 2013 | 10.04 | -4.7% |
| 2014 | 9.49 | -5.5% |
| 2015 | 7.85 | -17.3% |
| 2016 | 6.93 | -11.7% |
| 2017 | 8.51 | +22.8% |
| 2018 | 9.1 | +6.9% |
| 2019 | 8.87 | -2.6% |
| 2020 | 8.73 | -1.5% |
| 2021 | 9.09 | +4.1% |
| 2022 | 10.61 | +16.8% |
| 2023 | 10.41 | -1.9% |
| 2024 | 12.32 | +18.3% |
| 2025 | 12.5 | +1.5% |
| 2026 | 12.84 | +2.7% |
| 2027 | 12.17 | -5.3% |
| 2028 | 12.33 | +1.3% |
| 2029 | 12.5 | +1.4% |
| 2030 | 12.46 | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.68 | 7.87 | 20 | 9 |
| 2000s | 13.82 | 8.75 | 21.91 | 10 |
| 2010s | 9.54 | 6.93 | 12.28 | 10 |
| 2020s | 11.35 | 8.73 | 12.84 | 10 |
| 2030s | 12.46 | 12.46 | 12.46 | 1 |
Countries ranked near Nigeria
More public sector data for Nigeria
- Arms imports 67.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 67.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 4.87 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0045 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -63.46 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.13 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 102.11 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is expenditure, general government, percent of gdp in Nigeria?
- Expenditure, general government, percent of gdp in Nigeria was 12.46 in 2030, according to International Monetary Fund.
- What is the highest expenditure, general government, percent of gdp recorded in Nigeria?
- The highest recorded value was 21.91 in 2001.
- What is the lowest expenditure, general government, percent of gdp recorded in Nigeria?
- The lowest recorded value was 6.93 in 2016.
- How does Nigeria rank for expenditure, general government, percent of gdp?
- Nigeria ranks 193rd out of 195 countries with data for 2030.
- Is expenditure, general government, percent of gdp rising or falling in Nigeria?
- Over the last ten years it is up 42.7%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Expenditure, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October