Budget balance in Nigeria in 2031 — -1.9%. Ranked 78 in the world out of 188. Since 1990, the indicator has fallen by 1.4 pp.
1990–2031 · % of GDP
How the value compares with the world and the groups this territory belongs to: Nigeria
| Year | % | Change, pp |
|---|---|---|
| 2031 | -1.9 | +0.2 pp |
| 2030 | -2.1 | +0.1 pp |
| 2029 | -2.2 | +0.1 pp |
| 2028 | -2.3 | +0.6 pp |
| 2027 | -2.9 | +1.5 pp |
| 2026 | -4.4 | −2.6 pp |
| 2025 | -1.8 | −0.5 pp |
| 2024 | -1.3 | +1.8 pp |
| 2023 | -3.1 | +0.9 pp |
| 2022 | -4 | +0 pp |
| 2021 | -4 | +0 pp |
| 2020 | -4 | −0.7 pp |
| 2019 | -3.3 | −0.2 pp |
| 2018 | -3.1 | +0.7 pp |
| 2017 | -3.8 | −0.5 pp |
| 2016 | -3.3 | −0.6 pp |
| 2015 | -2.7 | −1 pp |
| 2014 | -1.7 | +0.2 pp |
| 2013 | -1.9 | −1.8 pp |
| 2012 | -0.1 | −0.4 pp |
| 2011 | 0.3 | +3.3 pp |
| 2010 | -3 | +0.8 pp |
| 2009 | -3.8 | −7.8 pp |
| 2008 | 4 | +4.8 pp |
| 2007 | -0.8 | −7 pp |
| 2006 | 6.2 | +2.7 pp |
| 2005 | 3.5 | −0.4 pp |
| 2004 | 3.9 | +5.5 pp |
| 2003 | -1.6 | −2.6 pp |
| 2002 | 1 | +3.3 pp |
| 2001 | -2.3 | −5.2 pp |
| 2000 | 2.9 | +4.3 pp |
| 1999 | -1.4 | +2.1 pp |
| 1998 | -3.5 | −4.6 pp |
| 1997 | 1.1 | −2.3 pp |
| 1996 | 3.4 | +0.9 pp |
| 1995 | 2.5 | +5.5 pp |
| 1994 | -3 | +3.1 pp |
| 1993 | -6.1 | −7 pp |
| 1992 | 0.9 | +2.1 pp |
| 1991 | -1.2 | −0.7 pp |
| 1990 | -0.5 | — |
The same indicator for neighboring countries — with links to their pages
Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.
Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.
Source: World Economic Outlook (IMF), license IMF open data.
