Namibia vs Nigeria: Subsidies

Namibia
36.03 million current US$
in 2006
Nigeria
246.03 million current US$
in 2007
Namibia rank
7th
Nigeria rank
4th

Subsidies over time

  • Namibia
  • Nigeria
0100.0M200.0M198019932007

How they compare

Nigeria currently reports 246.03 million current US$ against 36.03 million current US$ in Namibia, a difference of 209.99 million current US$.

That makes Nigeria's figure about 6.8 times Namibia's.

The two have swapped places 1 time across 5 shared years of data; in 2002 it was Namibia ahead.

Namibia ranks 7th and Nigeria ranks 4th of 24 countries.

Individual pages

About this data

Indicator
Subsidies (current US$)
Unit
current US$
Source
World Bank country economists
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 U.S. dollars.