Revenue Statistics in Africa - Comparative tax and non-tax revenues in Nigeria
Nigeria: Revenue Statistics in Africa - Comparative tax and non-tax revenues was 8.19 Percentage of GDP in 2023. ▼ Falling
Revenue Statistics in Africa - Comparative tax and non-tax revenues in Nigeria, 2010–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for revenue statistics in africa - comparative tax and non-tax revenues in Nigeria is 8.19 Percentage of GDP, measured in 2023.
The figure is up 3.5% on the previous year and down 1.7% over ten years.
Over the whole period, revenue statistics in africa - comparative tax and non-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.
Nigeria ranks 32nd of 36 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Revenue Statistics in Africa - Comparative tax and non-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% |
Nigeria compared with similar countries
- Nigeria's 8.19 Percentage of GDP is below the median for lower middle income countries, which is 16.41 Percentage of GDP, 50% of the median. (16 countries reporting)
- Nigeria's 8.19 Percentage of GDP is below the median for Sub-Saharan Africa, which is 14.85 Percentage of GDP, 55% of the median. (32 countries reporting)
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)
- 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 statistics in africa - comparative tax and non-tax revenues in Nigeria?
- Revenue statistics in africa - comparative tax and non-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 revenue statistics in africa - comparative tax and non-tax revenues recorded in Nigeria?
- The highest recorded value was 9.69 Percentage of GDP in 2011.
- What is the lowest revenue statistics in africa - comparative tax and non-tax revenues recorded in Nigeria?
- The lowest recorded value was 5.3 Percentage of GDP in 2016.
- How does Nigeria rank for revenue statistics in africa - comparative tax and non-tax revenues?
- Nigeria ranks 32nd out of 36 countries with data for 2023.
- Is revenue statistics in africa - comparative tax and non-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 Revenue Statistics in Africa - Comparative tax and non-tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax and non-tax revenue data from Revenue Statistics in Africa countries presented as a percentage of GDP and as a share of total tax or non-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, non-tax revenues, grants, royalties, fines, penalties, administrative fees, resource rents, sales of goods and services.