Nigeria General government revenue (% of GDP) Statistics

14, Nov 2019, EST.

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Country or Region: Nigeria › Change country
Economic Indicator: General government revenue (% of GDP) › See all Nigeria indicators, › See General government revenue (% of GDP) 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

Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. See notes for: General government revenue (National currency).

General government revenue (% of GDP) Statistics for Nigeria , Year 2015 - In Detail

General government revenue (% of GDP) for Nigeria in year 2015 is 7.823 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

This makes Nigeria No. 190 in world rankings according to General government revenue (% of GDP) in year 2015. The world's average General government revenue (% of GDP) value is 30.23 %; Nigeria is 22.41 less than the average.

In the previous year, 2014, General government revenue (% of GDP) for Nigeria was 10.52 % General government revenue (% of GDP) for Nigeria in 2015 was or will be 25.65% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (% of GDP) for Nigeria was or will be 5.90 %, which is 24.59% less than the 2015 figure.

* Source: IMF
General government revenue (% of GDP) for Nigeria, in other Years
Year %
  2021 8.485
  2020 8.33
  2019 7.733
  2018 7.347
  2017 6.835
  2016 5.899
2015 7.823
  2014 10.522
  2013 11.047
  2012 14.296
  2011 17.729
  2010 12.421
  2009 11.246
  2008 20.582
  2007 17.623
  2006 21.565
  2005 24.727
  2004 24.575
  2003 22.68
  2002 23.87
  2001 33.892
  2000 31.868
  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