Taxes on goods and services, GB (current LCU) in Nigeria
Nigeria: Taxes on goods and services, GB (current LCU) was 109.00 billion current LCU in 2002. ▲ Rising
Taxes on goods and services, GB in Nigeria, 1997–2002
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for taxes on goods and services, gb in Nigeria is 109.00 billion current LCU, measured in 2002.
The figure is down 10.7% on the previous year and up 220.6% over ten years.
Nigeria ranks 19th of 50 countries on this measure, in the middle of the range.
Taxes on goods and services, GB (current LCU) in Nigeria, year by year
| Year | current LCU | Change |
|---|---|---|
| 1997 | 34.00 billion current LCU | — |
| 1998 | 73.19 billion current LCU | +115.3% |
| 1999 | 71.90 billion current LCU | -1.8% |
| 2000 | 83.00 billion current LCU | +15.4% |
| 2001 | 122.00 billion current LCU | +47.0% |
| 2002 | 109.00 billion current LCU | -10.7% |
Nigeria compared with similar countries
- Nigeria's 109.00 billion current LCU is above the median for Sub-Saharan Africa, which is 56.94 billion current LCU, 1.9× the median. (46 countries reporting)
- Nigeria's 109.00 billion current LCU is above the median for lower middle income countries, which is 94.25 billion current LCU, 1.2× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 59.70 billion current LCU | 34.00 billion current LCU | 73.19 billion current LCU | 3 |
| 2000s | 104.67 billion current LCU | 83.00 billion current LCU | 122.00 billion current LCU | 3 |
Countries ranked near Nigeria
More science & technology data for Nigeria
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 70.76 (2024)
- Mobile cellular subscriptions by country, per capita 0.7076 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0007 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 164.65 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 246.4 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate -28.14 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate -26.63 % change on previous year (2024)
- Patent applications, nonresidents, gaps filled 598 (2020)
- Patent applications, nonresidents 598 (2020)
Frequently asked questions
- What is taxes on goods and services, gb in Nigeria?
- Taxes on goods and services, gb in Nigeria was 109.00 billion current LCU in 2002, according to World Bank country economists.
- What is the highest taxes on goods and services, gb recorded in Nigeria?
- The highest recorded value was 122.00 billion current LCU in 2001.
- What is the lowest taxes on goods and services, gb recorded in Nigeria?
- The lowest recorded value was 34.00 billion current LCU in 1997.
- How does Nigeria rank for taxes on goods and services, gb?
- Nigeria ranks 19th out of 50 countries with data for 2002.
- Is taxes on goods and services, gb rising or falling in Nigeria?
- Over the last ten years it is up 220.6%. 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 Taxes on goods and services, GB (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on goods and services include all taxes and duties levied by central governments on the production, extraction, sale, transfer, leasing, or delivery of goods and rendering of services, or on the use of goods or permission to use goods or perform activities. These include general sales taxes, turnover or value added taxes, excise taxes, and motor vehicle taxes. Data are shown for central government only and are in current local currency.