Government Revenues in Nigeria increased to 1026.95 NGN Billion in the third quarter of 2019 from 944.58 NGN Billion in the second quarter of 2019. Government Revenues in Nigeria averaged 843.92 NGN Billion from 2010 until 2019, reaching an all time high of 1144.47 NGN Billion in the fourth quarter of 2018 and a record low of 498.54 NGN Billion in the second quarter of 2015. source: Central Bank of Nigeria

Government Revenues in Nigeria is expected to be 1320.00 NGN Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Revenues in Nigeria to stand at 1250.00 in 12 months time. In the long-term, the Nigeria Government Revenues is projected to trend around 1300.00 NGN Billion in 2020, according to our econometric models.

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Nigeria Government Revenues

Actual Previous Highest Lowest Dates Unit Frequency
1026.95 944.58 1144.47 498.54 2010 - 2019 NGN Billion Quarterly

Nigeria Government Revenues
Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation.

Nigeria Government Last Previous Highest Lowest Unit
Government Debt to GDP 17.50 18.20 75.00 7.30 percent [+]
Government Budget -2.80 -3.20 0.80 -6.00 percent of GDP [+]
Government Revenues 1026.95 944.58 1144.47 498.54 NGN Billion [+]
Government Spending 929917.32 1027351.08 1615675.03 609792.40 NGN Million [+]
Government Budget Value -379.69 -635.30 38.36 -1664.20 NGN Billion [+]
Government Debt 83882.66 81274.09 83882.66 48361.37 USD Million [+]
Fiscal Expenditure 1406.63 1579.88 2495.13 743.65 NGN Billion [+]
Credit Rating 31.00 [+]
Military Expenditure 1907.00 1621.00 6847.00 176.00 USD Million [+]