Nigeria recorded a government budget deficit of 1135.74 NGN Billion in the fourth quarter of 2019.
Government Budget Value in Nigeria averaged -496.80 NGN Billion from 2010 until 2019, reaching an all time high of 38.36 NGN Billion in the third quarter of 2010 and a record low of -1664.20 NGN Billion in the third quarter of 2017. This page provides - Nigeria Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Government Budget Value - values, historical data and charts - was last updated on August of 2020. source: Central Bank of Nigeria
Government Budget Value in Nigeria is expected to be -2000.00 NGN Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Nigeria to stand at -1600.00 in 12 months time. In the long-term, the Nigeria Government Budget Value is projected to trend around -1420.00 NGN Billion in 2021 and -1100.00 NGN Billion in 2022, according to our econometric models.