Total expenditure and net lending in Nigeria
Nigeria: Total expenditure and net lending was 10.29 trillion current LCU in 2011. ◆ Volatile
Total expenditure and net lending in Nigeria, 1994–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
Nigeria recorded 10.29 trillion current LCU for total expenditure and net lending in 2011. That is the highest value across all 18 years on record.
The figure is up 12.2% on the previous year and up 309.9% over ten years.
Over the whole period, total expenditure and net lending in Nigeria peaked at 10.29 trillion current LCU in 2011 and was at its lowest, 205.37 billion current LCU, in 1994.
Nigeria ranks 3rd of 51 countries on this measure, 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 | 544.17 billion current LCU | 205.37 billion current LCU | 1.23 trillion current LCU | 6 |
| 2000s | 4.18 trillion current LCU | 1.65 trillion current LCU | 6.89 trillion current LCU | 10 |
| 2010s | 9.73 trillion current LCU | 9.17 trillion current LCU | 10.29 trillion current LCU | 2 |
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 total expenditure and net lending in Nigeria?
- Total expenditure and net lending in Nigeria was 10.29 trillion current LCU in 2011, according to World Bank country economists.
- What is the highest total expenditure and net lending recorded in Nigeria?
- The highest recorded value was 10.29 trillion current LCU in 2011.
- What is the lowest total expenditure and net lending recorded in Nigeria?
- The lowest recorded value was 205.37 billion current LCU in 1994.
- How does Nigeria rank for total expenditure and net lending?
- Nigeria ranks 3rd out of 51 countries with data for 2011.
- Is total expenditure and net lending rising or falling in Nigeria?
- Over the last ten years it is up 309.9%. 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 Total expenditure and net lending (current LCU). Statizoid updates them automatically from the source API.
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About this data
Total expenditure and net lending includes both current and capital (development) expenditures and includes lending minus repayments. Data are shown for central government only. Data are in current local currency.