Primary balance, excluding interest in Nigeria
Nigeria: Primary balance, excluding interest was 1.58 trillion current LCU in 2005. ◆ Volatile
Primary balance, excluding interest in Nigeria, 1996–2005
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for primary balance, excluding interest in Nigeria is 1.58 trillion current LCU, measured in 2005. That is the highest value across all 10 years on record.
That represents a change of up 39.9% on the previous year and up 2,397.9% over ten years.
Over the whole period, primary balance, excluding interest in Nigeria peaked at 1.58 trillion current LCU in 2005 and was at its lowest, -571.82 billion current LCU, in 2000.
That places Nigeria 1st out of 50 countries with data for 2005, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.36 billion current LCU | -101.87 billion current LCU | 177.66 billion current LCU | 4 |
| 2000s | 274.58 billion current LCU | -571.82 billion current LCU | 1.58 trillion current LCU | 6 |
Countries ranked near Nigeria
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 primary balance, excluding interest in Nigeria?
- Primary balance, excluding interest in Nigeria was 1.58 trillion current LCU in 2005, according to World Bank country economists.
- What is the highest primary balance, excluding interest recorded in Nigeria?
- The highest recorded value was 1.58 trillion current LCU in 2005.
- What is the lowest primary balance, excluding interest recorded in Nigeria?
- The lowest recorded value was -571.82 billion current LCU in 2000.
- How does Nigeria rank for primary balance, excluding interest?
- Nigeria ranks 1st out of 50 countries with data for 2005.
- Is primary balance, excluding interest rising or falling in Nigeria?
- Over the last ten years it is up 2,397.9%. 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 Primary balance, excluding interest (current LCU). Statizoid updates them automatically from the source API.
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About this data
Primary deficit, excluding interest (current LCU).