Fiscal Expenditure in Nigeria decreased to 2387.46 NGN Billion in the fourth quarter of 2020 from 2541.97 NGN Billion in the third quarter of 2020. source: Central Bank of Nigeria

Fiscal Expenditure in Nigeria averaged 1466.09 NGN Billion from 2010 until 2020, reaching an all time high of 2625.09 NGN Billion in the fourth quarter of 2019 and a record low of 743.65 NGN Billion in the first quarter of 2011. This page provides - Nigeria Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Fiscal Expenditure - values, historical data and charts - was last updated on August of 2021.

Fiscal Expenditure in Nigeria is expected to be 2480.00 NGN Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Nigeria to stand at 2300.00 in 12 months time. In the long-term, the Nigeria Fiscal Expenditure is projected to trend around 2500.00 NGN Billion in 2022, according to our econometric models.

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Nigeria Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
2387.46 2541.97 2625.09 743.65 2010 - 2020 NGN Billion Quarterly

Nigeria Government Last Previous Highest Lowest Unit
Government Debt to GDP 34.98 29.10 75.00 7.30 percent of GDP [+]
Government Budget -3.80 -4.20 0.80 -6.00 percent of GDP [+]
Government Revenues 903.52 997.49 1480.87 498.54 NGN Billion [+]
Military Expenditure 2403.00 1860.00 7325.00 189.00 USD Million [+]
Credit Rating 28.00 [+]
Government Spending 1409720.94 1889404.68 2339712.81 609792.40 NGN Million [+]
Government Budget Value -1483.93 -1544.48 38.36 -1664.20 NGN Billion [+]
Government Debt 87239.12 86392.54 87239.12 48361.37 USD Million [+]
Fiscal Expenditure 2387.46 2541.97 2625.09 743.65 NGN Billion [+]