Nigeria Federal Govt Expenditure: Recurrent

2005 - 2020 | Quarterly | NGN bn | Central Bank of Nigeria

Nigeria Federal Govt Expenditure: Recurrent data was reported at 1,720.090 NGN bn in Dec 2020. This records a decrease from the previous number of 2,019.220 NGN bn for Sep 2020. Nigeria Federal Govt Expenditure: Recurrent data is updated quarterly, averaging 847.745 NGN bn from Mar 2005 to Dec 2020, with 64 observations. The data reached an all-time high of 2,019.220 NGN bn in Sep 2020 and a record low of 211.100 NGN bn in Mar 2005. Nigeria Federal Govt Expenditure: Recurrent 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 Expenditure: Recurrent from Mar 2005 to Dec 2020 in the chart:

Nigeria Nigeria Federal Govt Expenditure: Recurrent

What was Nigeria's Nigeria Federal Govt Expenditure: Recurrent in Dec 2020?

Last Previous Min Max Unit Frequency Range
1,720.090 Dec 2020 2,019.220 Sep 2020 211.100 Mar 2005 2,019.220 Sep 2020 NGN bn quarterly Mar 2005 - Dec 2020

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 5,793.520 2026 yearly 1990 - 2026
Forecast: Nominal GDP Per Capita (USD) 4,033.210 2026 yearly 1990 - 2026
Forecast: Real GDP Growth (%) 2.198 2026 yearly 1991 - 2026
GDP Deflator Growth (%) 9.9 Dec 2020 quarterly Mar 2011 - Dec 2020
GDP per Capita (USD) 2,073.783 2020 yearly 1981 - 2020
Gross Fixed Capital Formation (USD mn) 36,185.944 Dec 2020 quarterly Mar 2010 - Dec 2020
Gross National Product (GNP) (USD mn) 433,449.465 2019 yearly 1960 - 2019
Gross Savings Rate (%) 21.7 2020 yearly 1981 - 2020
Investment: % of GDP (%) 29.4 2020 yearly 1981 - 2020
Nominal GDP (USD mn) 114,788.1 Dec 2020 quarterly Mar 2010 - Dec 2020
Nominal GDP Growth (%) 12.251 Mar 2021 quarterly Mar 2011 - Mar 2021
Private Consumption Expenditure (USD mn) 80,125.427 Dec 2020 quarterly Mar 2010 - Dec 2020
Private Consumption: % of GDP (%) 69.6 2020 yearly 1981 - 2020
Public Consumption Expenditure (USD mn) 7,565.553 Dec 2020 quarterly Mar 2010 - Dec 2020
Public Consumption: % of GDP (%) 8.7 2020 yearly 1981 - 2020
Real GDP Growth (%) 0.1 Dec 2020 quarterly Mar 2011 - Dec 2020
Total Trade of Goods & Services: % of Nominal GDP (%) 21.771 Dec 2020 quarterly Mar 2010 - Dec 2020
Production Last Frequency Range
Gold Production (kg) 39.000 2018 yearly 1993 - 2018
Industrial Production Index Growth (%) 0.7 Mar 2021 quarterly Mar 2011 - Mar 2021
Minerals Production (Metric Ton) 142,334,709.000 2019 yearly 2009 - 2019
Motor Vehicle Production (Unit) 2,040.000 2008 yearly 1999 - 2008
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.8 Dec 2020 quarterly Dec 2010 - Dec 2020
Forecast: Government Expenditure (NGN bn) 44,913.220 2026 yearly 1990 - 2026
Forecast: Government Net Debt (NGN bn) 135,441.460 2026 yearly 1990 - 2026
Forecast: Government Revenue (NGN bn) 24,435.680 2026 yearly 1990 - 2026
Government Debt: % of GDP (%) 18.8 Dec 2020 quarterly Dec 2010 - Dec 2020
National Government Debt (USD mn) 76,375.0 Mar 2021 quarterly Dec 2006 - Mar 2021
Consolidated Fiscal Balance (USD mn) -3,910.052 Dec 2020 quarterly Mar 2005 - Dec 2020
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 46,488,079.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Forecast: Employment (Person mn) 0.000 yearly -
Forecast: Population (Person mn) 239.073 2026 yearly 1980 - 2026
Forecast: Unemployment Rate (%) 22.562 2018 yearly 2010 - 2018
Labour Force Participation Rate (%) 53.4 2020 yearly 1990 - 2020
Labour Productivity Growth (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Population (Person mn) 206.1 2020 yearly 1950 - 2020
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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