Government Revenues in Nigeria decreased to 903.52 NGN Billion in the fourth quarter of 2020 from 997.49 NGN Billion in the third quarter of 2020. source: Central Bank of Nigeria

Government Revenues in Nigeria averaged 879.47 NGN Billion from 2010 until 2020, reaching an all time high of 1480.87 NGN Billion in the fourth quarter of 2019 and a record low of 498.54 NGN Billion in the second quarter of 2015. This page provides - Nigeria Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Government Revenues - values, historical data and charts - was last updated on July of 2021.

Government Revenues in Nigeria is expected to be 860.00 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 870.00 in 12 months time. In the long-term, the Nigeria Government Revenues is projected to trend around 1100.00 NGN Billion in 2022 and 1300.00 NGN Billion in 2023, according to our econometric models.

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Nigeria Government Revenues

Actual Previous Highest Lowest Dates Unit Frequency
903.52 997.49 1480.87 498.54 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 [+]


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.