Nigeria vs Senegal: Subsidies

Nigeria
30.95 billion current LCU; from SNA
in 2007
Senegal
323.18 billion current LCU; from SNA
in 2011
Nigeria rank
3rd
Senegal rank
1st

Subsidies over time

  • Nigeria
  • Senegal
0100.0B200.0B300.0B198019952011

How they compare

Senegal currently reports 323.18 billion current LCU; from SNA against 30.95 billion current LCU; from SNA in Nigeria, a difference of 292.22 billion current LCU; from SNA.

That makes Senegal's figure about 10.4 times Nigeria's.

Across all 6 years both countries report, Senegal has been ahead every year.

Nigeria ranks 3rd and Senegal ranks 1st of 24 countries.

Senegal has averaged higher in every one of the 1 decades both report.

Frequently asked questions

Which has higher subsidies, Nigeria or Senegal?
Senegal, at 323.18 billion current LCU; from SNA against 30.95 billion current LCU; from SNA in Nigeria as of 2011.
What is the difference in subsidies between Nigeria and Senegal?
292.22 billion current LCU; from SNA, with Senegal ahead.
How many years of comparable data are there for Nigeria and Senegal?
6 years are reported by both, from 2002 to 2007.
How do Nigeria and Senegal rank globally for subsidies?
Nigeria ranks 3rd and Senegal ranks 1st of 24 countries.
Where does this data come from?
World Bank national accounts data, and OECD National Accounts data files, published as Subsidies (current LCU; from SNA). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs Senegal: Subsidies. Statizoid, drawing on World Bank national accounts data, and OECD National Accounts data files. Retrieved 22 August 2026, from https://economy.statizoid.com/compare/subsidies-current-lcu-from-sna/nigeria/senegal/

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About this data

Indicator
Subsidies (current LCU; from SNA)
Unit
current LCU; from SNA
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
24 places, 507 data points, 1965–2011
Last refreshed

Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current local currency.