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Nigeria: General government deficit (% of GDP)

Percent of GDP · 1990–2024 · 35 observations · forecasts to 2031 · gen_govdef_GDP

2024
−1.27%percent of GDP
Change on 2023
+1.9 pointsfrom −3.12%
Average, 2015–2024
−3.26%10 years
Record high and low
6.22% (2006)low −6.07% (1993)

General government deficit (% of GDP)

Report error
-8%-6%-4%-2%0%2%4%6%8%19902000201020202030NigeriaNigeria
ForecastPercent of GDP

Compare with other countries →Definition of General government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2031-1.87Forecast
2030-2.09Forecast
2029-2.16Forecast
2028-2.35Forecast
2027-2.91Forecast
2026-4.39Forecast
2025-1.76Forecast
2024-1.27
2023-3.12
2022-4.00
2021-3.97
2020-4.03
2019-3.31
2018-3.06
2017-3.85
2016-3.30
2015-2.70

Sources

  • IMF Fiscal Policy Panel1990–2023
  • IMF World Economic Outlook1990–2024
  • IMF WEO (forecast)2024–2031

Compare these sources →

Nigeria documentation (PDF)

More for Nigeria

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 67 series →

General government deficit (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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