Aaron O'Neill
Research lead for society, economy, and politics: Europe & global
Get in touch with us nowNigeria's budget balance in relation to GDP 2029
The budget balance in relation to the GDP in Nigeria was forecast to decrease between 2024 and 2029 by in total 0.3 percentage points. This overall decrease does not happen continuously, notably not in 2026. According to this forecast, in 2029, the budget balance will have decreased for the third consecutive year to -4.82 percent.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more key insights for the budget balance in relation to the GDP in countries like Burkina Faso, Liberia, and Togo.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more key insights for the budget balance in relation to the GDP in countries like Burkina Faso, Liberia, and Togo.
