Current revenue, excluding grants in Nigeria

Nigeria: Current revenue, excluding grants was 10.23 trillion current LCU in 2011. ◆ Volatile

Latest (2011)
10.23 trillion current LCU
Change on year
up 48.6%
World rank
3rd
of 51 countries
All-time high
10.23 trillion current LCU
in 2011
All-time low
228.87 billion current LCU
in 1994
Years of data
18
1994–2011

Current revenue, excluding grants in Nigeria, 1994–2011

02.0T4.0T6.0T8.0T10.0T1994200220111994: 228.9B current LCU1995: 447.0B current LCU1996: 556.1B current LCU1997: 589.3B current LCU1998: 458.3B current LCU1999: 987.0B current LCU2000: 1.9T current LCU2001: 2.2T current LCU2002: 2.0T current LCU2003: 2.8T current LCU2004: 4.1T current LCU2005: 5.6T current LCU2006: 6.3T current LCU2007: 5.9T current LCU2008: 8.1T current LCU2009: 4.5T current LCU2010: 6.9T current LCU2011: 10.2T current LCU

Source: World Bank country economists. Measured in current LCU.

Analysis

In 2011, current revenue, excluding grants in Nigeria stood at 10.23 trillion current LCU. That is the highest value across all 18 years on record.

The figure is up 48.6% on the previous year and up 354.9% over ten years.

Over the whole period, current revenue, excluding grants in Nigeria peaked at 10.23 trillion current LCU in 2011 and was at its lowest, 228.87 billion current LCU, in 1994.

Nigeria ranks 3rd 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 544.43 billion current LCU 228.87 billion current LCU 986.95 billion current LCU 6
2000s 4.36 trillion current LCU 1.93 trillion current LCU 8.06 trillion current LCU 10
2010s 8.55 trillion current LCU 6.88 trillion current LCU 10.23 trillion current LCU 2

Countries ranked near Nigeria

  1. 1 Mozambique 65.09 trillion current LCU compare
  2. 2 Zambia 19.52 trillion current LCU compare
  3. 4 Tanzania 5.74 trillion current LCU compare
  4. 5 Guinea 5.66 trillion current LCU compare
  5. 6 Uganda 5.11 trillion current LCU compare

See the full ranking of 51 places →

More science & technology data for Nigeria

All data for Nigeria →

Frequently asked questions

What is current revenue, excluding grants in Nigeria?
Current revenue, excluding grants in Nigeria was 10.23 trillion current LCU in 2011, according to World Bank country economists.
What is the highest current revenue, excluding grants recorded in Nigeria?
The highest recorded value was 10.23 trillion current LCU in 2011.
What is the lowest current revenue, excluding grants recorded in Nigeria?
The lowest recorded value was 228.87 billion current LCU in 1994.
How does Nigeria rank for current revenue, excluding grants?
Nigeria ranks 3rd out of 51 countries with data for 2011.
Is current revenue, excluding grants rising or falling in Nigeria?
Over the last ten years it is up 354.9%. 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 revenue, excluding grants (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Current revenue, excluding grants (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
51 places, 1,446 data points, 1966–2011
Last refreshed

Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Data are in current local currency.