Indirect taxes less subsidies in Nigeria
Nigeria: Indirect taxes less subsidies was 310.00 billion current LCU in 2002. ▲ Rising
Indirect taxes less subsidies in Nigeria, 1997–2002
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2002, indirect taxes less subsidies in Nigeria stood at 310.00 billion current LCU.
That represents a change of down 2.2% on the previous year and up 209.3% over ten years.
Nigeria ranks 18th of 51 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 133.90 billion current LCU | 100.24 billion current LCU | 163.95 billion current LCU | 3 |
| 2000s | 275.23 billion current LCU | 198.69 billion current LCU | 317.00 billion current LCU | 3 |
Countries ranked near Nigeria
- 15 Burkina Faso 478.70 billion current LCU compare
- 16 Kenya 383.07 billion current LCU compare
- 17 South Africa 371.57 billion current LCU compare
- 19 Rwanda 306.40 billion current LCU compare
- 20 Democratic Republic of Congo 300.94 billion current LCU compare
- 21 Sierra Leone 264.12 billion current LCU compare
More science & technology data for Nigeria
- Scientific and technical journal articles 9,799 (2023)
- Mobile phone subscriptions 164.65 million (2024)
- Mobile phone subscriptions per 100 people 70.76 per 100 people (2024)
- Mobile and landline phone subscriptions per 100 people 70.76 per 100 people (2024)
- Patent applications, nonresidents 598 (2020)
- Share of the population using the Internet 41.2% (2024)
- Patent applications, residents 410 (2020)
- Number of people using the Internet 77.60 million users (2021)
- Landline Internet subscriptions per 100 people 0.0787 per 100 people (2024)
- Landline Internet subscriptions 183,207 (2024)
Frequently asked questions
- What is indirect taxes less subsidies in Nigeria?
- Indirect taxes less subsidies in Nigeria was 310.00 billion current LCU in 2002, according to World Bank country economists.
- What is the highest indirect taxes less subsidies recorded in Nigeria?
- The highest recorded value was 317.00 billion current LCU in 2001.
- What is the lowest indirect taxes less subsidies recorded in Nigeria?
- The lowest recorded value was 100.24 billion current LCU in 1997.
- How does Nigeria rank for indirect taxes less subsidies?
- Nigeria ranks 18th out of 51 countries with data for 2002.
- Is indirect taxes less subsidies rising or falling in Nigeria?
- Over the last ten years it is up 209.3%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from World Bank country economists, published as part of Indirect taxes less subsidies (current LCU). Statizoid updates them automatically from the source API.
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About this data
Indirect taxes are the sum of indirect taxes less subsidies. Indirect taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. Data are in current local currency.