Indirect taxes (current US$) in Nigeria
Nigeria: Indirect taxes (current US$) was 1.97 billion current US$ in 2007. ▼ Falling
Indirect taxes in Nigeria, 2002–2007
Source: World Bank country economists. Measured in current US$.
Analysis
In 2007, indirect taxes in Nigeria stood at 1.97 billion current US$.
The figure is up 46.3% on the previous year and up 8.4% over ten years.
Nigeria ranks 7th of 23 countries on this measure, in the middle of the range.
Indirect taxes (current US$) in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 2002 | 1.82 billion current US$ | — |
| 2003 | 2.01 billion current US$ | +10.4% |
| 2004 | 2.02 billion current US$ | +0.6% |
| 2005 | 1.29 billion current US$ | -35.9% |
| 2006 | 1.35 billion current US$ | +4.1% |
| 2007 | 1.97 billion current US$ | +46.3% |
Nigeria compared with similar countries
- Nigeria's 1.97 billion current US$ is above the median for Sub-Saharan Africa, which is 394.58 million current US$, 5.0× the median. (22 countries reporting)
- Nigeria's 1.97 billion current US$ is above the median for lower middle income countries, which is 493.85 million current US$, 4.0× the median. (12 countries reporting)
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Real gdp growth, annual growth rate 22.77 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0148 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 18.13 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.9704 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 13.24 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.26 % change on previous year (2025)
Frequently asked questions
- What is indirect taxes in Nigeria?
- Indirect taxes in Nigeria was 1.97 billion current US$ in 2007, according to World Bank country economists.
- What is the highest indirect taxes recorded in Nigeria?
- The highest recorded value was 2.02 billion current US$ in 2004.
- What is the lowest indirect taxes recorded in Nigeria?
- The lowest recorded value was 1.29 billion current US$ in 2005.
- How does Nigeria rank for indirect taxes?
- Nigeria ranks 7th out of 23 countries with data for 2007.
- Is indirect taxes rising or falling in Nigeria?
- Over the last ten years it is up 8.4%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from World Bank country economists, published as part of Indirect taxes (current US$). 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 U.S. dollars.