Subsidies in Nigeria
Nigeria: Subsidies was 0 GFS, current LCU in 2001. ▬ Flat
Subsidies in Nigeria, 1994–2001
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
| Decade | Average | Lowest | Highest | 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
- 29 Sao Tome and Principe 10 GFS, current LCU compare
- 30 Mali 4 GFS, current LCU compare
- 31 Guinea-Bissau 2 GFS, current LCU compare
- 32 Central African Republic 0 GFS, current LCU compare
- 32 Chad 0 GFS, current LCU compare
- 32 Comoros 0 GFS, current LCU compare
- 32 Democratic Republic of Congo 0 GFS, current LCU compare
- 32 Cote d'Ivoire 0 GFS, current LCU compare
- 32 Ethiopia 0 GFS, current LCU compare
- 32 Gambia 0 GFS, current LCU compare
- 32 Kenya 0 GFS, current LCU compare
- 32 Namibia 0 GFS, current LCU compare
- 32 Seychelles 0 GFS, current LCU compare
- 32 Sierra Leone 0 GFS, current LCU compare
- 32 South Africa 0 GFS, current LCU compare
- 32 Tanzania 0 GFS, current LCU compare
- 32 Uganda 0 GFS, current LCU compare
- 32 Zimbabwe 0 GFS, 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 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
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.