Direct taxes in Nigeria

Nigeria: Direct taxes was 401.00 billion current LCU in 2002. ◆ Volatile

Latest (2002)
401.00 billion current LCU
Change on year
down 28.4%
World rank
14th
of 51 countries
All-time high
560.00 billion current LCU
in 2001
All-time low
58.92 billion current LCU
in 1997
Years of data
6
1997–2002

Direct taxes in Nigeria, 1997–2002

0200.0B400.0B600.0B1997199920021997: 58.9B current LCU1998: 109.7B current LCU1999: 153.6B current LCU2000: 438.0B current LCU2001: 560.0B current LCU2002: 401.0B current LCU

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

Analysis

Nigeria recorded 401.00 billion current LCU for direct taxes in 2002.

Compared with earlier readings it is down 28.4% on the previous year and up 580.6% over ten years.

Nigeria ranks 14th of 51 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 107.39 billion current LCU 58.92 billion current LCU 153.57 billion current LCU 3
2000s 466.33 billion current LCU 401.00 billion current LCU 560.00 billion current LCU 3

Countries ranked near Nigeria

  1. 11 South Africa 520.39 billion current LCU compare
  2. 12 Madagascar 497.20 billion current LCU compare
  3. 13 Equatorial Guinea 456.20 billion current LCU compare
  4. 15 Senegal 348.80 billion current LCU compare
  5. 16 Gabon 294.37 billion current LCU compare
  6. 17 Kenya 262.88 billion 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 direct taxes in Nigeria?
Direct taxes in Nigeria was 401.00 billion current LCU in 2002, according to World Bank country economists.
What is the highest direct taxes recorded in Nigeria?
The highest recorded value was 560.00 billion current LCU in 2001.
What is the lowest direct taxes recorded in Nigeria?
The lowest recorded value was 58.92 billion current LCU in 1997.
How does Nigeria rank for direct taxes?
Nigeria ranks 14th out of 51 countries with data for 2002.
Is direct taxes rising or falling in Nigeria?
Over the last ten years it is up 580.6%. 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 Direct taxes (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Direct taxes (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
51 places, 1,416 data points, 1966–2011
Last refreshed

Direct taxes on goods and services include all taxes and duties levied on production, extraction, sale, transfer, leasing, or delivery of goods and rendering of services, or in respect of the use of goods, or permission to use goods or to perform activities, are covered. Examples include all general sales taxes, value added taxes and excises. Data are in current local currency.