Indirect taxes in Nigeria

Nigeria: Indirect taxes was 247.81 billion current LCU in 2007. ▼ Falling

Latest (2007)
247.81 billion current LCU
Change on year
up 43.1%
World rank
6th
of 23 countries
All-time high
268.12 billion current LCU
in 2004
All-time low
169.68 billion current LCU
in 2005
Years of data
6
2002–2007

Indirect taxes in Nigeria, 2002–2007

0100.0B200.0B300.0B2002200420072002: 219.1B current LCU2003: 259.2B current LCU2004: 268.1B current LCU2005: 169.7B current LCU2006: 173.2B current LCU2007: 247.8B current LCU

Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.

Analysis

In 2007, indirect taxes in Nigeria stood at 247.81 billion current LCU.

Compared with earlier readings it is up 43.1% on the previous year and up 13.1% over ten years.

Nigeria ranks 6th of 23 countries on this measure, in the top quarter.

Countries ranked near Nigeria

  1. 3 Zambia 799.90 billion current LCU compare
  2. 4 Kenya 383.07 billion current LCU compare
  3. 5 South Africa 271.99 billion current LCU compare
  4. 7 Cameroon 151.93 billion current LCU compare
  5. 8 Guinea 125.70 billion current LCU compare
  6. 9 Morocco 122.51 billion current LCU compare

See the full ranking of 23 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is indirect taxes in Nigeria?
Indirect taxes in Nigeria was 247.81 billion current LCU in 2007, according to World Bank national accounts data, and OECD National Accounts data files.
What is the highest indirect taxes recorded in Nigeria?
The highest recorded value was 268.12 billion current LCU in 2004.
What is the lowest indirect taxes recorded in Nigeria?
The lowest recorded value was 169.68 billion current LCU in 2005.
How does Nigeria rank for indirect taxes?
Nigeria ranks 6th out of 23 countries with data for 2007.
Is indirect taxes rising or falling in Nigeria?
Over the last ten years it is up 13.1%. The long-run trend across the full record is falling.
Where does this Nigeria data come from?
The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Indirect taxes (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Indirect taxes (current LCU)
Unit
current LCU
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
23 places, 530 data points, 1965–2011
Last refreshed

Taxes are compulsory, unrequited payments made by institutional units to government units. Indirect taxes consists of ‘taxes on products’ payable on goods and services when they are produced, delivered, sold, transferred or otherwise disposed by their producers, plus ‘other taxes on production’. Data are in current local currency.