Current expenditure, total in Nigeria
Nigeria: Current expenditure, total was 3.41 trillion current LCU in 2005. ◆ Volatile
Current expenditure, total in Nigeria, 1994–2005
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2005, current expenditure, total in Nigeria stood at 3.41 trillion current LCU. That is the highest value across all 12 years on record.
That represents a change of up 21.5% on the previous year and up 2,211.2% over ten years.
Over the whole period, current expenditure, total in Nigeria peaked at 3.41 trillion current LCU in 2005 and was at its lowest, 120.87 billion current LCU, in 1994.
Nigeria ranks 6th of 51 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Current expenditure, total in Nigeria, year by year
| Year | current LCU | Change |
|---|---|---|
| 1994 | 120.87 billion current LCU | — |
| 1995 | 147.67 billion current LCU | +22.2% |
| 1996 | 151.07 billion current LCU | +2.3% |
| 1997 | 247.03 billion current LCU | +63.5% |
| 1998 | 293.48 billion current LCU | +18.8% |
| 1999 | 631.41 billion current LCU | +115.1% |
| 2000 | 1.38 trillion current LCU | +118.2% |
| 2001 | 1.85 trillion current LCU | +34.0% |
| 2002 | 1.92 trillion current LCU | +4.1% |
| 2003 | 2.48 trillion current LCU | +29.1% |
| 2004 | 2.81 trillion current LCU | +13.3% |
| 2005 | 3.41 trillion current LCU | +21.5% |
Nigeria compared with similar countries
- Nigeria's 3.41 trillion current LCU is above the median for lower middle income countries, which is 350.52 billion current LCU, 9.7× the median. (24 countries reporting)
- Nigeria's 3.41 trillion current LCU is above the median for Sub-Saharan Africa, which is 324.45 billion current LCU, 10.5× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 265.26 billion current LCU | 120.87 billion current LCU | 631.41 billion current LCU | 6 |
| 2000s | 2.31 trillion current LCU | 1.38 trillion current LCU | 3.41 trillion current LCU | 6 |
Countries ranked near Nigeria
More science & technology data for Nigeria
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 70.76 (2024)
- Mobile cellular subscriptions by country, per capita 0.7076 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0007 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 164.65 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 246.4 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate -28.14 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate -26.63 % change on previous year (2024)
- Scientific and technical journal articles 9,799 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is current expenditure, total in Nigeria?
- Current expenditure, total in Nigeria was 3.41 trillion current LCU in 2005, according to World Bank country economists.
- What is the highest current expenditure, total recorded in Nigeria?
- The highest recorded value was 3.41 trillion current LCU in 2005.
- What is the lowest current expenditure, total recorded in Nigeria?
- The lowest recorded value was 120.87 billion current LCU in 1994.
- How does Nigeria rank for current expenditure, total?
- Nigeria ranks 6th out of 51 countries with data for 2005.
- Is current expenditure, total rising or falling in Nigeria?
- Over the last ten years it is up 2,211.2%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from World Bank country economists, published as part of Current expenditure, total (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total current expenditure includes requited payments other than for capital assets or for goods or services to be used in the production of capital assets, and unrequited payments for purposes other than permitting the recipients to acquire capital assets, compensating the recipients for damage or destruction of capital assets, or increasing the financial capital of the recipients. Data are shown for central government only. Data are in current local currency.