Military Expenditure in Nigeria increased to 1907 USD Million in 2018 from 1621 USD Million in 2017. Military Expenditure in Nigeria averaged 1693.44 USD Million from 1960 until 2018, reaching an all time high of 6847 USD Million in 1975 and a record low of 176 USD Million in 1960.

Nigeria Military Expenditure
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Nigeria Government Last Previous Highest Lowest Unit
Government Debt to GDP 21.30 17.60 75.00 7.30 percent [+]
Government Budget -5.10 -2.10 0.80 -6.70 percent of GDP [+]
Government Revenues 798.82 1121.55 1121.55 498.54 NGN Billion [+]
Government Spending 842195.49 904099.06 1615675.03 624001.80 NGN Million [+]
Government Budget Value -398.22 -713.13 38.36 -1664.20 NGN Billion [+]
Fiscal Expenditure 1197.04 1834.69 2495.13 743.65 NGN Billion [+]
Credit Rating 27.58 [+]
Military Expenditure 1907.00 1621.00 6847.00 176.00 USD Million [+]


Nigeria Military Expenditure

Nigeria Military Expenditure - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1907.00 1621.00 6847.00 176.00 1960 - 2018 USD Million Yearly
constant 2016 prices




Country Last Previous
Argentina 5337.00 Dec/18
Australia 26836.00 Dec/18
Brazil 30769.00 Dec/18
Canada 21352.00 Dec/18
China 239223.00 Dec/18
France 59542.00 Dec/18
Germany 46192.00 Dec/18
India 66578.00 Dec/18
Indonesia 7661.00 Dec/18
Italy 26082.00 Dec/18
Japan 45362.00 Dec/18
Mexico 6375.00 Dec/18
Netherlands 10535.00 Dec/18
Russia 64193.00 Dec/18
Saudi Arabia 65843.00 Dec/18
Singapore 10458.00 Dec/18
South Africa 3449.00 Dec/18
South Korea 41157.00 Dec/18
Spain 17039.00 Dec/18
Switzerland 4713.00 Dec/18
Turkey 22088.00 Dec/18
United Kingdom 46883.00 Dec/18
United States 633565.00 Dec/18


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