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Nigeria: Government expenditure (% of GDP)

Percent of GDP · 1950–2024 · 74 observations · forecasts to 2031 · govexp_GDP

2024
12.0%percent of GDP
Change on 2023
+1.6 pointsfrom 10.4%
Average, 2015–2024
9.21%10 years
Record high and low
46.8% (1976)low 5.71% (1950)

Government expenditure (% of GDP)

Report error
0%10%20%30%40%50%1960198020002020NigeriaNigeria
ForecastPercent of GDP

Compare with other countries →Definition of Government expenditure (% of GDP)

Recent values

Percent of GDP

YearValue
203112.3Forecast
203012.4Forecast
202912.4Forecast
202812.5Forecast
202713.3Forecast
202615.0Forecast
202511.7Forecast
202412.0
202310.4
202210.6
20219.09
20208.73
20198.87
20189.10
20178.51
20166.93
20157.85

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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