Revenue from corporate income taxes as a share of GDP in Nigeria
Nigeria: Revenue from corporate income taxes as a share of GDP was 1.0% in 2017. ▲ Rising
Revenue from corporate income taxes as a share of GDP in Nigeria, 1992–2017
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
Nigeria recorded 1.0% for revenue from corporate income taxes as a share of gdp in 2017.
That represents a change of up 9.0% on the previous year and up 5.9% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Nigeria peaked at 1.3% in 2014 and was at its lowest, 0.6%, in 1996.
Nigeria ranks 149th of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Revenue from corporate income taxes as a share of GDP in Nigeria, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 0.6% | — |
| 1993 | 0.7% | +25.4% |
| 1994 | 0.7% | -6.7% |
| 1995 | 0.8% | +8.5% |
| 1996 | 0.6% | -23.0% |
| 1997 | 0.6% | +8.6% |
| 1998 | 0.7% | +15.4% |
| 1999 | 0.8% | +14.2% |
| 2000 | 0.7% | -11.0% |
| 2001 | 0.8% | +13.9% |
| 2002 | 0.8% | -6.9% |
| 2003 | 0.9% | +9.7% |
| 2004 | 0.8% | -12.9% |
| 2005 | 0.7% | -3.2% |
| 2006 | 0.9% | +17.5% |
| 2007 | 1.0% | +15.9% |
| 2008 | 1.1% | +7.5% |
| 2009 | 1.3% | +20.4% |
| 2010 | 1.2% | -7.7% |
| 2011 | 1.1% | -5.0% |
| 2012 | 1.2% | +3.9% |
| 2013 | 1.2% | +4.1% |
| 2014 | 1.3% | +10.0% |
| 2015 | 1.1% | -19.3% |
| 2016 | 1.0% | -10.9% |
| 2017 | 1.0% | +9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7% | 0.6% | 0.8% | 8 |
| 2000s | 0.9% | 0.7% | 1.3% | 10 |
| 2010s | 1.1% | 1.0% | 1.3% | 8 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is revenue from corporate income taxes as a share of gdp in Nigeria?
- Revenue from corporate income taxes as a share of gdp in Nigeria was 1.0% in 2017, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Nigeria?
- The highest recorded value was 1.3% in 2014.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Nigeria?
- The lowest recorded value was 0.6% in 1996.
- How does Nigeria rank for revenue from corporate income taxes as a share of gdp?
- Nigeria ranks 149th out of 163 countries with data for 2017.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Nigeria?
- Over the last ten years it is up 5.9%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.