Nigeria: Government deficit (% of GDP)
Percent of GDP · 1950–2024 · 74 observations · forecasts to 2031 · 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
- 8.01% (1974)low −21.7% (1969)
Government deficit (% of GDP)
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ForecastPercent of GDP
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Compare with other countries →Definition of Government deficit (% of GDP)
Recent values
Percent of GDP
| Year | Value | |
|---|---|---|
| 2031 | -1.87 | Forecast |
| 2030 | -2.09 | Forecast |
| 2029 | -2.16 | Forecast |
| 2028 | -2.35 | Forecast |
| 2027 | -2.91 | Forecast |
| 2026 | -4.39 | Forecast |
| 2025 | -1.76 | Forecast |
| 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
This series is derived from other GMD variables.
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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