Nigeria Total Government Net Lending/ Borrowing (National Currency) Statistics

22, Jul 2019, EDT.

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Country or Region: Nigeria › Change country
Economic Indicator: Total Government Net Lending/ Borrowing (National Currency) › See all Nigeria indicators, › See Total Government Net Lending/ Borrowing (National Currency) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Naira
Currency Symbol: NGN

Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities. Source: Ministry of Finance or Treasury Latest actual data: 2015 Fiscal assumptions: Historical data series, annual budget and MTEF at the Federal Government level, and additional data from the authorities Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Cash. Fiscal data are based on execution data received from the authorities. General government includes: Central Government;State Government;Local Government;Nonfinancial Public Corporation; Valuation of public debt: Current market value Primary domestic currency: Nigerian naira Data last updated: 03/2016

Total Government Net Lending/ Borrowing (National Currency) Statistics for Nigeria , Year 2015 - In Detail

Total Government Net Lending/ Borrowing (National Currency) for Nigeria is NGN -3,791.24 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

In the previous year, 2014, Total Government Net Lending/ Borrowing (National Currency) for Nigeria was NGN -1,875.92 Billions Total Government Net Lending/ Borrowing (National Currency) for Nigeria in 2015 was or will be 102.10% more than it was or will be in 2014.

In the following or forecasted year, 2016, Total Government Net Lending/ Borrowing (National Currency) for Nigeria was or will be NGN -4,990.58 Billions, which is 31.63% more than the 2015 figure.

* Source: IMF
Total Government Net Lending/ Borrowing (National Currency) for Nigeria, in other Years
Year Billions
  2021 -8,353.07
  2020 -7,483.17
  2019 -6,748.74
  2018 -5,659.89
  2017 -5,239.17
  2016 -4,990.58
2015 -3,791.24
  2014 -1,875.92
  2013 -1,884.92
  2012 175.973
  2011 236.52
  2010 -2,346.53
  2009 -2,374.11
  2008 2,233.10
  2007 -351.202
  2006 2,492.10
  2005 1,092.94
  2004 950.654
  2003 -291.989
  2002 152.133
  2001 -262.081
  2000 280.387
  1999 n/a
  1998 n/a
  1997 n/a
  1996 n/a
  1995 n/a
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a