Guinea vs Nigeria: Total expenditure and net lending

Guinea
7.25 trillion current LCU
in 2011
Nigeria
10.29 trillion current LCU
in 2011
Guinea rank
5th
Nigeria rank
3rd

Total expenditure and net lending over time

  • Guinea
  • Nigeria
02.5T5.0T7.5T10.0T198619982011

How they compare

Nigeria currently reports 10.29 trillion current LCU against 7.25 trillion current LCU in Guinea, a difference of 3.04 trillion current LCU.

That makes Nigeria's figure about 1.4 times Guinea's.

The two have swapped places 1 time across 18 shared years of data; in 1994 it was Guinea ahead.

Guinea ranks 5th and Nigeria ranks 3rd of 51 countries.

Across the 3 decades both report, Guinea averaged higher in 1 and Nigeria in 2.

Head to head by decade

Decade Guinea Nigeria Difference Ahead
1990s 666.39 billion current LCU 544.17 billion current LCU 122.22 billion current LCU Guinea
2000s 2.21 trillion current LCU 4.18 trillion current LCU 1.96 trillion current LCU Nigeria
2010s 7.65 trillion current LCU 9.73 trillion current LCU 2.08 trillion current LCU Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total expenditure and net lending, Guinea or Nigeria?
Nigeria, at 10.29 trillion current LCU against 7.25 trillion current LCU in Guinea as of 2011.
What is the difference in total expenditure and net lending between Guinea and Nigeria?
3.04 trillion current LCU, with Nigeria ahead.
How many years of comparable data are there for Guinea and Nigeria?
18 years are reported by both, from 1994 to 2011.
How do Guinea and Nigeria rank globally for total expenditure and net lending?
Guinea ranks 5th and Nigeria ranks 3rd of 51 countries.
Where does this data come from?
World Bank country economists, published as Total expenditure and net lending (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Total expenditure and net lending (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
51 places, 1,412 data points, 1965–2011
Last refreshed

Total expenditure and net lending includes both current and capital (development) expenditures and includes lending minus repayments. Data are shown for central government only. Data are in current local currency.