Nigeria Federal Govt Balance

2005 - 2022 | Quarterly | NGN bn | Central Bank of Nigeria

Nigeria Federal Govt Balance data was reported at -1,617.840 NGN bn in Mar 2022. This records an increase from the previous number of -1,835.090 NGN bn for Dec 2021. Nigeria Federal Govt Balance data is updated quarterly, averaging -324.210 NGN bn from Mar 2005 to Mar 2022, with 69 observations. The data reached an all-time high of 115.900 NGN bn in Mar 2005 and a record low of -2,501.040 NGN bn in Sep 2021. Nigeria Federal Govt Balance data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.F001: Government Revenue and Expenditure.

View Nigeria's Nigeria Federal Govt Balance from Mar 2005 to Mar 2022 in the chart:

Nigeria Nigeria Federal Govt Balance

What was Nigeria's Nigeria Federal Govt Balance in Mar 2022?

Last Previous Min Max Unit Frequency Range
-1,617.840 Mar 2022 -1,835.090 Dec 2021 -2,501.040 Sep 2021 115.900 Mar 2005 NGN bn quarterly Mar 2005 - Mar 2022

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 6,702.159 2027 yearly 1990 - 2027
Forecast: Nominal GDP Per Capita (USD) 3,913.774 2027 yearly 1990 - 2027
Forecast: Real GDP Growth (%) 2.910 2027 yearly 1991 - 2027
GDP Deflator Growth (%) 11.1 Jun 2022 quarterly Mar 2011 - Jun 2022
GDP per Capita (USD) 2,057.020 2021 yearly 1981 - 2021
Gross Fixed Capital Formation (USD mn) 41,884.601 Dec 2021 quarterly Mar 2010 - Dec 2021
Gross National Product (GNP) (USD mn) 423,827.876 2021 yearly 1960 - 2021
Gross Savings Rate (%) 32.7 2021 yearly 1981 - 2021
Investment: % of GDP (%) 33.8 2021 yearly 1981 - 2021
Nominal GDP (USD mn) 108,402.1 Jun 2022 quarterly Mar 2010 - Jun 2022
Nominal GDP Growth (%) 15.031 Jun 2022 quarterly Mar 2011 - Jun 2022
Private Consumption Expenditure (USD mn) 73,854.829 Dec 2021 quarterly Mar 2010 - Dec 2021
Private Consumption: % of GDP (%) 62.2 2021 yearly 1981 - 2021
Public Consumption Expenditure (USD mn) 5,854.932 Dec 2021 quarterly Mar 2010 - Dec 2021
Public Consumption: % of GDP (%) 5.1 2021 yearly 1981 - 2021
Real GDP Growth (%) 3.5 Jun 2022 quarterly Mar 2011 - Jun 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 23.366 Dec 2021 quarterly Mar 2010 - Dec 2021
Production Last Frequency Range
Gold Production (kg) 39.000 2019 yearly 1993 - 2019
Industrial Production Index Growth (%) -9.7 Mar 2022 quarterly Mar 2011 - Mar 2022
Minerals Production (Metric Ton) 130,414,020.000 2020 yearly 2009 - 2020
Motor Vehicle Production (Unit) 2,040.000 2008 yearly 1999 - 2008
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.4 Mar 2022 quarterly Dec 2010 - Mar 2022
Forecast: Government Expenditure (NGN bn) 53,826.479 2027 yearly 1990 - 2027
Forecast: Government Net Debt (NGN bn) 173,827.955 2027 yearly 1990 - 2027
Forecast: Government Revenue (NGN bn) 28,821.587 2027 yearly 1990 - 2027
Government Debt: % of GDP (%) 20.6 Mar 2022 quarterly Dec 2010 - Mar 2022
National Government Debt (USD mn) 88,421.5 Mar 2022 quarterly Dec 2006 - Mar 2022
Consolidated Fiscal Balance (USD mn) -3,893.668 Mar 2022 quarterly Mar 2005 - Mar 2022
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 46,488,079.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Forecast: Population (Person mn) 244.902 2027 yearly 1980 - 2027
Forecast: Unemployment Rate (%) 22.562 2018 yearly 2010 - 2018
Labour Force Participation Rate (%) 62.8 2020 yearly 1990 - 2020
Labour Productivity Growth (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Population (Person mn) 211.5 2021 yearly 1950 - 2021
Unemployment Rate (%) 33.28 Dec 2020 quarterly Mar 2012 - Dec 2020
Domestic Trade and Household Survey Last Frequency Range
Consumer Confidence Growth (% Point) -1.3 Dec 2020 quarterly Jun 2010 - Dec 2020
Consumer Confidence: Net Balance (% Point) 28.9 Dec 2020 quarterly Jun 2009 - Dec 2020
Motor Vehicle Sales: Commercial Cars (Unit) 4,700.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicle Sales: Passenger Cars (Unit) 5,100.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicles Sales (Unit) 9,800 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) -42.4 2019 yearly 2006 - 2019

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