Nigeria vs South Africa: Subsidies
Subsidies over time
- Nigeria
- South Africa
How they compare
South Africa currently reports 1.79 billion current US$ against 246.03 million current US$ in Nigeria, a difference of 1.54 billion current US$.
That makes South Africa's figure about 7.3 times Nigeria's.
Across all 6 years both countries report, South Africa has been ahead every year.
Nigeria ranks 4th and South Africa ranks 2nd of 24 countries.
South Africa has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher subsidies, Nigeria or South Africa?
- South Africa, at 1.79 billion current US$ against 246.03 million current US$ in Nigeria as of 2010.
- What is the difference in subsidies between Nigeria and South Africa?
- 1.54 billion current US$, with South Africa ahead.
- How many years of comparable data are there for Nigeria and South Africa?
- 6 years are reported by both, from 2002 to 2007.
- How do Nigeria and South Africa rank globally for subsidies?
- Nigeria ranks 4th and South Africa ranks 2nd of 24 countries.
- Where does this data come from?
- World Bank country economists, published as Subsidies (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.