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Nigeria · Government & public finance

Public debt, deficits, revenue, spending and taxation.

18 indicators · 9 with data

Debt

Gross debt / GDP

% of GDP

54th of 179 · 6th in Sub-Saharan Africa
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Gross debt / GDPNigeria's gross debt / gdp rose from 24.2 % in 1995 to 39.3 % in 2024.1995200020052010201520200%10%20%30%40%50%39.3 %

Nigeria's gross debt / gdp rose from 24.2 % in 1995 to 39.3 % in 2024.

External debt stocks (% of GNI)

% of GNI

35th of 110 · 12th in Sub-Saharan Africa
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External debt stocks (% of GNI)Nigeria's external debt stocks (% of gni) rose from 6.3 % in 2008 to 60.0 % in 2024.2010201520200%20%40%60%60.0 %

Nigeria's external debt stocks (% of gni) rose from 6.3 % in 2008 to 60.0 % in 2024.

Balance

Fiscal balance

% of GDP

59th of 183 · 12th in Sub-Saharan Africa
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Fiscal balanceNigeria's fiscal balance fell from 2.5 % in 1995 to -1.3 % in 2024.199520002005201020152020-5%0%5%-1.3 %

Nigeria's fiscal balance fell from 2.5 % in 1995 to -1.3 % in 2024.

Revenue & spending

Gov. revenue

% of GDP

179th of 183 · 38th in Sub-Saharan Africa
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Gov. revenueNigeria's gov. revenue fell from 11.4 % in 1995 to 10.8 % in 2024.1995200020052010201520200%5%10%15%20%25%10.8 %

Nigeria's gov. revenue fell from 11.4 % in 1995 to 10.8 % in 2024.

Gov. expenditure

% of GDP

180th of 183 · 39th in Sub-Saharan Africa
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Gov. expenditureNigeria's gov. expenditure rose from 8.9 % in 1995 to 12.0 % in 2024.1995200020052010201520200%5%10%15%20%25%12.0 %

Nigeria's gov. expenditure rose from 8.9 % in 1995 to 12.0 % in 2024.

Military spending

% of GDP

136th of 147 · 39th in Sub-Saharan Africa
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Military spendingNigeria's military spending rose from 0.5 % in 1995 to 0.6 % in 2024.1995200020052010201520200%0.2%0.4%0.6%0.8%1%1%0.6 %

Nigeria's military spending rose from 0.5 % in 1995 to 0.6 % in 2024.

Defence

Military expenditure (current US$)

current US$

75th of 151 · 4th in Sub-Saharan Africa
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Military expenditure (current US$)Nigeria's military expenditure (current us$) rose from US$639M in 1995 to US$1.13B in 2024.199520002005201020152020US$0US$1BUS$2BUS$3BUS$4BUS$5BUS$1.13B

Nigeria's military expenditure (current us$) rose from US$639M in 1995 to US$1.13B in 2024.

Spending

Health spending

% of GDP

150th of 192 · 29th in Sub-Saharan Africa
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Health spendingNigeria's health spending rose from 3.2 % in 2000 to 4.2 % in 2023.200020052010201520200%2%4%6%4.2 %

Nigeria's health spending rose from 3.2 % in 2000 to 4.2 % in 2023.

Education spending

% of GDP

120th of 121 · 34th in Sub-Saharan Africa
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Education spendingNigeria's education spending fell from 3.2 % in 1974 to 0.3 % in 2023.198019902000201020200%1%2%3%0.3 %

Nigeria's education spending fell from 3.2 % in 1974 to 0.3 % in 2023.

›No data available (9)

These indicators exist in the registry but no source reports a value for Nigeria.

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