Subsidies in Nigeria

Nigeria: Subsidies was 0 GFS, current LCU in 2001. ▬ Flat

Latest (2001)
0 GFS, current LCU
World rank
32nd
of 47 countries
All-time high
0 GFS, current LCU
in 1994
All-time low
0 GFS, current LCU
in 1994
Years of data
8
1994–2001

Subsidies in Nigeria, 1994–2001

00.20.40.60.811994199720011994: 0 GFS, current LCU1995: 0 GFS, current LCU1996: 0 GFS, current LCU1997: 0 GFS, current LCU1998: 0 GFS, current LCU1999: 0 GFS, current LCU2000: 0 GFS, current LCU2001: 0 GFS, current LCU

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

Analysis

Nigeria recorded 0 GFS, current LCU for subsidies in 2001. That is the highest value across all 8 years on record.

That places Nigeria 32nd out of 47 countries with data for 2001, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0 GFS, current LCU 0 GFS, current LCU 0 GFS, current LCU 6
2000s 0 GFS, current LCU 0 GFS, current LCU 0 GFS, current LCU 2

Countries ranked near Nigeria

  1. 29 Sao Tome and Principe 10 GFS, current LCU compare
  2. 30 Mali 4 GFS, current LCU compare
  3. 31 Guinea-Bissau 2 GFS, current LCU compare
  4. 32 Central African Republic 0 GFS, current LCU compare
  5. 32 Chad 0 GFS, current LCU compare
  6. 32 Comoros 0 GFS, current LCU compare
  7. 32 Democratic Republic of Congo 0 GFS, current LCU compare
  8. 32 Cote d'Ivoire 0 GFS, current LCU compare
  9. 32 Ethiopia 0 GFS, current LCU compare
  10. 32 Gambia 0 GFS, current LCU compare
  11. 32 Kenya 0 GFS, current LCU compare
  12. 32 Namibia 0 GFS, current LCU compare
  13. 32 Seychelles 0 GFS, current LCU compare
  14. 32 Sierra Leone 0 GFS, current LCU compare
  15. 32 South Africa 0 GFS, current LCU compare
  16. 32 Tanzania 0 GFS, current LCU compare
  17. 32 Uganda 0 GFS, current LCU compare
  18. 32 Zimbabwe 0 GFS, current LCU compare

See the full ranking of 47 places →

More science & technology data for Nigeria

All data for Nigeria →

Frequently asked questions

What is subsidies in Nigeria?
Subsidies in Nigeria was 0 GFS, current LCU in 2001, according to World Bank country economists.
What is the highest subsidies recorded in Nigeria?
The highest recorded value was 0 GFS, current LCU in 1994.
What is the lowest subsidies recorded in Nigeria?
The lowest recorded value was 0 GFS, current LCU in 1994.
How does Nigeria rank for subsidies?
Nigeria ranks 32nd out of 47 countries with data for 2001.
Where does this Nigeria data come from?
The figures come from World Bank country economists, published as part of Subsidies (GFS, current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Subsidies (GFS, current LCU)
Unit
GFS, current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
47 places, 1,211 data points, 1966–2011
Last refreshed

Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current local currency.