Indirect taxes in Nigeria
Nigeria: Indirect taxes was 247.81 billion current LCU in 2007. ▼ Falling
Indirect taxes in Nigeria, 2002–2007
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
More economy & growth data for Nigeria
- Inflation of consumer prices 23.0% (2025)
- GDP per capita 2,369 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.3% (2025)
- Gross domestic product (GDP) 562.59 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,369 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,518 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 35.23 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 23.20 billion current US$ (2025)
- Taxes less subsidies on products 10.36 trillion current LCU (2025)
- Taxes less subsidies on products 6.82 billion current US$ (2025)
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
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.