Govt expenditure share budget in Nigeria

Nigeria: Govt expenditure share budget was 37.75 in 2024. ▼ Falling

Latest (2024)
37.75
Change on year
down 59.3%
World rank
165th
of 166 countries
All-time high
106.17
in 2019
All-time low
37.75
in 2024
Years of data
15
2008–2024

Govt expenditure share budget in Nigeria, 2008–2024

02550751002008201620242008: 90.42009: 92.72010: 78.32011: 95.92012: 87.82013: 91.22014: 87.52015: 105.12016: 80.52017: 87.42018: 86.62019: 106.22020: 98.72023: 92.82024: 37.8

Source: Our World in Data.

Analysis

Nigeria recorded 37.75 for govt expenditure share budget in 2024. That is the lowest value across all 15 years on record.

That represents a change of down 59.3% on the previous year and down 56.9% over ten years.

Over the whole period, govt expenditure share budget in Nigeria peaked at 106.17 in 2019 and was at its lowest, 37.75, in 2024.

That places Nigeria 165th out of 166 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 15 years of available data.

Govt expenditure share budget in Nigeria, year by year

Annual values for Govt expenditure share budget in Nigeria, 2008 to 2024.
Year Value Change
2008 90.44 —
2009 92.72 +2.5%
2010 78.32 -15.5%
2011 95.91 +22.5%
2012 87.8 -8.5%
2013 91.22 +3.9%
2014 87.53 -4.0%
2015 105.11 +20.1%
2016 80.47 -23.4%
2017 87.44 +8.7%
2018 86.63 -0.9%
2019 106.17 +22.6%
2020 98.73 -7.0%
2023 92.79 -6.0%
2024 37.75 -59.3%

Nigeria compared with similar countries

  • Nigeria's 37.75 is below the median for lower middle income countries, which is 96.68, 39% of the median. (45 countries reporting)
  • Nigeria's 37.75 is below the median for Sub-Saharan Africa, which is 98.12, 38% of the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 91.58 90.44 92.72 2
2010s 90.66 78.32 106.17 10
2020s 76.42 37.75 98.73 3

Countries ranked near Nigeria

  1. 162 Madagascar 60.6 compare
  2. 163 Ghana 54.94 compare
  3. 164 Cameroon 42.64 compare
  4. 166 Kiribati 0.77 compare

See the full ranking of 166 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is govt expenditure share budget in Nigeria?
Govt expenditure share budget in Nigeria was 37.75 in 2024, according to Our World in Data.
What is the highest govt expenditure share budget recorded in Nigeria?
The highest recorded value was 106.17 in 2019.
What is the lowest govt expenditure share budget recorded in Nigeria?
The lowest recorded value was 37.75 in 2024.
How does Nigeria rank for govt expenditure share budget?
Nigeria ranks 165th out of 166 countries with data for 2024.
Is govt expenditure share budget rising or falling in Nigeria?
Over the last ten years it is down 56.9%. The long-run trend across the full record is falling.
Where does this Nigeria data come from?
The figures come from Our World in Data, published as part of Govt expenditure share budget. Statizoid updates them automatically from the source API.

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Govt expenditure share budget in Nigeria. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/govt-expenditure-share-budget/nigeria/

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About this data

Indicator
Govt expenditure share budget
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 2,464 data points, 2004–2025
Last refreshed