Fiscal balance, cash surplus/deficit in Nigeria

Nigeria: Fiscal balance, cash surplus/deficit was -3.43 billion current US$ in 2008. ◆ Volatile

Latest (2008)
-3.43 billion current US$
Change on year
up 2.2%
World rank
26th
of 29 countries
All-time high
2.85 billion current US$
in 2005
All-time low
-3.51 billion current US$
in 2007
Years of data
5
2004–2008

Fiscal balance, cash surplus/deficit in Nigeria, 2004–2008

-4.0B-2.0B02.0B2004200620082004: 1.3B current US$2005: 2.8B current US$2006: -1.2B current US$2007: -3.5B current US$2008: -3.4B current US$

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files. Measured in current US$.

Analysis

The most recent figure for fiscal balance, cash surplus/deficit in Nigeria is -3.43 billion current US$, measured in 2008.

The figure is up 2.2% on the previous year and down 361.3% over five years.

That places Nigeria 26th out of 29 countries with data for 2008, putting it in the bottom quarter.

Countries ranked near Nigeria

  1. 23 Kenya -1.53 billion current US$ compare
  2. 24 Ghana -1.55 billion current US$ compare
  3. 25 Tunisia -1.72 billion current US$ compare
  4. 27 Morocco -4.12 billion current US$ compare
  5. 28 South Africa -17.77 billion current US$ compare
  6. 29 Egypt -23.23 billion current US$ compare

See the full ranking of 29 places →

More public sector data for Nigeria

All data for Nigeria →

Frequently asked questions

What is fiscal balance, cash surplus/deficit in Nigeria?
Fiscal balance, cash surplus/deficit in Nigeria was -3.43 billion current US$ in 2008, according to International Monetary Fund, Government Finance Statistics Yearbook and data files.
What is the highest fiscal balance, cash surplus/deficit recorded in Nigeria?
The highest recorded value was 2.85 billion current US$ in 2005.
What is the lowest fiscal balance, cash surplus/deficit recorded in Nigeria?
The lowest recorded value was -3.51 billion current US$ in 2007.
How does Nigeria rank for fiscal balance, cash surplus/deficit?
Nigeria ranks 26th out of 29 countries with data for 2008.
Where does this Nigeria data come from?
The figures come from International Monetary Fund, Government Finance Statistics Yearbook and data files, published as part of Fiscal balance, cash surplus/deficit (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Fiscal balance, cash surplus/deficit (current US$)
Unit
current US$
Source
International Monetary Fund, Government Finance Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
29 places, 342 data points, 1990–2011
Last refreshed

Cash surplus or deficit is revenue (including grants) minus expense, minus net acquisition of nonfinancial assets. In the 1986 GFS manual nonfinancial assets were included under revenue and expenditure in gross terms. This cash surplus or deficit is closest to the earlier overall budget balance (still missing is lending minus repayments, which are now a financing item under net acquisition of financial assets).