Global Revenue Statistics - Comparative tax revenues in Nigeria
Nigeria: Global Revenue Statistics - Comparative tax revenues was 8.19 Percentage of GDP in 2023. ▼ Falling
Global Revenue Statistics - Comparative tax revenues in Nigeria, 2010–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2023, global revenue statistics - comparative tax revenues in Nigeria stood at 8.19 Percentage of GDP.
That represents a change of up 3.5% on the previous year and down 1.7% over ten years.
Over the whole period, global revenue statistics - comparative tax revenues in Nigeria peaked at 9.69 Percentage of GDP in 2011 and was at its lowest, 5.3 Percentage of GDP, in 2016.
That places Nigeria 130th out of 135 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Global Revenue Statistics - Comparative tax revenues in Nigeria, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2010 | 7.29 Percentage of GDP | — |
| 2011 | 9.69 Percentage of GDP | +32.9% |
| 2012 | 9.42 Percentage of GDP | -2.8% |
| 2013 | 8.33 Percentage of GDP | -11.6% |
| 2014 | 7.66 Percentage of GDP | -8.0% |
| 2015 | 6.08 Percentage of GDP | -20.7% |
| 2016 | 5.3 Percentage of GDP | -12.7% |
| 2017 | 5.72 Percentage of GDP | +8.0% |
| 2018 | 6.35 Percentage of GDP | +11.0% |
| 2019 | 5.98 Percentage of GDP | -5.8% |
| 2020 | 5.55 Percentage of GDP | -7.3% |
| 2021 | 6.69 Percentage of GDP | +20.5% |
| 2022 | 7.91 Percentage of GDP | +18.3% |
| 2023 | 8.19 Percentage of GDP | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.18 Percentage of GDP | 5.3 Percentage of GDP | 9.69 Percentage of GDP | 10 |
| 2020s | 7.08 Percentage of GDP | 5.55 Percentage of GDP | 8.19 Percentage of GDP | 4 |
Countries ranked near Nigeria
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)
- Services, value added (constant LCU), per capita 519,194 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 13.86 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 15.1 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9765 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,196 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 18.25 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,483 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.82 million current LCU per person (2025)
Frequently asked questions
- What is global revenue statistics - comparative tax revenues in Nigeria?
- Global revenue statistics - comparative tax revenues in Nigeria was 8.19 Percentage of GDP in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - comparative tax revenues recorded in Nigeria?
- The highest recorded value was 9.69 Percentage of GDP in 2011.
- What is the lowest global revenue statistics - comparative tax revenues recorded in Nigeria?
- The lowest recorded value was 5.3 Percentage of GDP in 2016.
- How does Nigeria rank for global revenue statistics - comparative tax revenues?
- Nigeria ranks 130th out of 135 countries with data for 2023.
- Is global revenue statistics - comparative tax revenues rising or falling in Nigeria?
- Over the last ten years it is down 1.7%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from countries included in Global Revenue Statistics, presented as a percentage of GDP and as a share of total tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.