Government Spending in Nigeria decreased to 842195.49 NGN Million in the second quarter of 2018 from 904099.06 NGN Million in the first quarter of 2018. Government Spending in Nigeria averaged 1021739.89 NGN Million from 2010 until 2018, reaching an all time high of 1615675.03 NGN Million in the fourth quarter of 2010 and a record low of 624001.80 NGN Million in the third quarter of 2017.
Government Spending in Nigeria is expected to be 803043.22 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Nigeria to stand at 811797.91 in 12 months time. In the long-term, the Nigeria Government Spending is projected to trend around 850402.15 NGN Million in 2020, according to our econometric models.