The Sales Tax Rate in Nigeria stands at 7.50 percent. source: Federal Inland Revenue Service, Nigeria
Sales Tax Rate in Nigeria averaged 5.17 percent from 2006 until 2020, reaching an all time high of 7.50 percent in 2020 and a record low of 5 percent in 2007. This page provides - Nigeria Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Sales Tax Rate - VAT - values, historical data and charts - was last updated on February of 2021.
Sales Tax Rate in Nigeria is expected to reach 7.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Sales Tax Rate - VAT is projected to trend around 7.50 percent in 2021, according to our econometric models.