Total revenue in Nigeria
Nigeria: Total revenue was 20.14 billion current US$ in 2008. ▲ Rising
Total revenue in Nigeria, 2004–2008
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files. Measured in current US$.
Analysis
Nigeria recorded 20.14 billion current US$ for total revenue in 2008. That is the highest value across all 5 years on record.
That represents a change of up 50.1% on the previous year and up 174.8% over five years.
That places Nigeria 5th out of 30 countries with data for 2008, putting it in the top quarter.
Total revenue in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 2004 | 7.33 billion current US$ | — |
| 2005 | 10.54 billion current US$ | +43.8% |
| 2006 | 11.96 billion current US$ | +13.5% |
| 2007 | 13.41 billion current US$ | +12.2% |
| 2008 | 20.14 billion current US$ | +50.1% |
Nigeria compared with similar countries
- Nigeria's 20.14 billion current US$ is above the median for Sub-Saharan Africa, which is 2.06 billion current US$, 9.8× the median. (26 countries reporting)
- Nigeria's 20.14 billion current US$ is above the median for lower middle income countries, which is 2.56 billion current US$, 7.9× the median. (16 countries reporting)
Countries ranked near Nigeria
More public sector data for Nigeria
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- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
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- Chief executive of the government is elected 1 (2025)
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Frequently asked questions
- What is total revenue in Nigeria?
- Total revenue in Nigeria was 20.14 billion current US$ in 2008, according to International Monetary Fund, Government Finance Statistics Yearbook and data files.
- What is the highest total revenue recorded in Nigeria?
- The highest recorded value was 20.14 billion current US$ in 2008.
- What is the lowest total revenue recorded in Nigeria?
- The lowest recorded value was 7.33 billion current US$ in 2004.
- How does Nigeria rank for total revenue?
- Nigeria ranks 5th out of 30 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 Total revenue (current US$). Statizoid updates them automatically from the source API.
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About this data
Current revenue includes all revenue from taxes and nonrepayable receipts (other than grants) from the sale of land, intangible assets, government stocks or fixed capital assets, or from capital transfers from nongovernmental sources. It also includes inheritance taxes and nonrecurrent levies on capital. Data are in current US dollar.