Ratio of government expenditure to gross domestic product (GDP) in Nigeria 2029
The ratio of government expenditure to GDP in Nigeria was forecast to decrease between 2024 and 2029 by in total 0.7 percentage points. This overall decrease does not happen continuously, notably not in 2027 and 2029. The ratio is estimated to amount to 17.36 percent in 2029.
Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Sierra Leone, Ghana, and Burkina Faso.
Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Sierra Leone, Ghana, and Burkina Faso.
