Nigeria recorded a Government Budget deficit equal to 5.10 percent of the country's Gross Domestic Product in 2017. Government Budget in Nigeria averaged -2.89 percent of GDP from 1981 until 2017, reaching an all time high of 0.80 percent of GDP in 1996 and a record low of -6.70 percent of GDP in 1990.
Government Budget in Nigeria is expected to be -2.60 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Government Budget is projected to trend around -2.30 percent of GDP in 2020, according to our econometric models.