Adjusted savings: education expenditure in Nigeria
Nigeria: Adjusted savings: education expenditure was 0.8% in 2021. ◆ Volatile
Adjusted savings: education expenditure in Nigeria, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: education expenditure in Nigeria stood at 0.8%. That is the lowest value across all 52 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, adjusted savings: education expenditure in Nigeria peaked at 5.1% in 1981 and was at its lowest, 0.8%, in 1991.
Nigeria ranks 198th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Nigeria, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 1.5% | — |
| 1971 | 1.5% | -2.4% |
| 1972 | 3.3% | +121.4% |
| 1973 | 3.3% | +0.0% |
| 1974 | 2.4% | -27.7% |
| 1975 | 1.7% | -29.2% |
| 1976 | 3.3% | +95.4% |
| 1977 | 2.1% | -36.8% |
| 1978 | 3.3% | +58.2% |
| 1979 | 2.3% | -30.7% |
| 1980 | 3.3% | +44.4% |
| 1981 | 5.1% | +53.7% |
| 1982 | 5.0% | -2.1% |
| 1983 | 4.5% | -9.2% |
| 1984 | 4.1% | -10.2% |
| 1985 | 3.6% | -11.3% |
| 1986 | 3.2% | -12.7% |
| 1987 | 2.7% | -14.6% |
| 1988 | 2.2% | -17.1% |
| 1989 | 1.8% | -20.6% |
| 1990 | 1.3% | -26.0% |
| 1991 | 0.8% | -35.2% |
| 1992 | 0.8% | +0.0% |
| 1993 | 0.8% | +0.0% |
| 1994 | 0.8% | +0.0% |
| 1995 | 0.8% | +0.0% |
| 1996 | 0.8% | +0.0% |
| 1997 | 0.8% | +0.0% |
| 1998 | 0.8% | +0.0% |
| 1999 | 0.8% | +0.0% |
| 2000 | 0.8% | +0.0% |
| 2001 | 0.8% | +0.0% |
| 2002 | 0.8% | +0.0% |
| 2003 | 0.8% | +0.0% |
| 2004 | 0.8% | +0.0% |
| 2005 | 0.8% | +0.0% |
| 2006 | 0.8% | +0.0% |
| 2007 | 0.8% | +0.0% |
| 2008 | 0.8% | +0.0% |
| 2009 | 0.8% | +0.0% |
| 2010 | 0.8% | +0.0% |
| 2011 | 0.8% | +0.0% |
| 2012 | 0.8% | +0.0% |
| 2013 | 0.8% | +0.0% |
| 2014 | 0.8% | +0.0% |
| 2015 | 0.8% | +0.0% |
| 2016 | 0.8% | +0.0% |
| 2017 | 0.8% | +0.0% |
| 2018 | 0.8% | +0.0% |
| 2019 | 0.8% | +0.0% |
| 2020 | 0.8% | +0.0% |
| 2021 | 0.8% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.5% | 1.5% | 3.3% | 10 |
| 1980s | 3.6% | 1.8% | 5.1% | 10 |
| 1990s | 0.9% | 0.8% | 1.3% | 10 |
| 2000s | 0.8% | 0.8% | 0.8% | 10 |
| 2010s | 0.8% | 0.8% | 0.8% | 10 |
| 2020s | 0.8% | 0.8% | 0.8% | 2 |
Countries ranked near Nigeria
- 195 Monaco 1.0% compare
- 196 Equatorial Guinea 1.0% compare
- 197 Somalia 1.0% compare
- 199 New Caledonia 0.5% compare
- 200 French Polynesia 0.5% compare
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.18 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 348.91 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 427,154 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2.92 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.4555 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 557.59 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 2.92 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 209.92 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Nigeria?
- Adjusted savings: education expenditure in Nigeria was 0.8% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Nigeria?
- The highest recorded value was 5.1% in 1981.
- What is the lowest adjusted savings: education expenditure recorded in Nigeria?
- The lowest recorded value was 0.8% in 1991.
- How does Nigeria rank for adjusted savings: education expenditure?
- Nigeria ranks 198th out of 200 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Nigeria?
- Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.