Taxes less subsidies on products (constant LCU), per square kilometre in Nigeria
Nigeria: Taxes less subsidies on products (constant LCU), per square kilometre was 3.26 million constant LCU per square kilometre in 2023. ◆ Volatile
Taxes less subsidies on products (constant LCU), per square kilometre in Nigeria, 2012–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
Nigeria recorded 3.26 million constant LCU per square kilometre for taxes less subsidies on products (constant lcu), per square kilometre in 2023. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 27.8% on the previous year and up 287.7% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per square kilometre in Nigeria peaked at 3.26 million constant LCU per square kilometre in 2023 and was at its lowest, 16,130 constant LCU per square kilometre, in 2012.
Nigeria ranks 52nd of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), per square kilometre in Nigeria, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 2012 | 16,130 constant LCU per square kilometre | — |
| 2013 | 840,267 constant LCU per square kilometre | +5109.2% |
| 2014 | 956,943 constant LCU per square kilometre | +13.9% |
| 2015 | 878,140 constant LCU per square kilometre | -8.2% |
| 2016 | 836,868 constant LCU per square kilometre | -4.7% |
| 2017 | 829,344 constant LCU per square kilometre | -0.9% |
| 2018 | 854,520 constant LCU per square kilometre | +3.0% |
| 2019 | 819,546 constant LCU per square kilometre | -4.1% |
| 2020 | 2.08 million constant LCU per square kilometre | +154.1% |
| 2021 | 2.45 million constant LCU per square kilometre | +17.5% |
| 2022 | 2.55 million constant LCU per square kilometre | +4.2% |
| 2023 | 3.26 million constant LCU per square kilometre | +27.8% |
Nigeria compared with similar countries
- Nigeria's 3.26 million constant LCU per square kilometre is above the median for lower middle income countries, which is 585,002 constant LCU per square kilometre, 5.6× the median. (46 countries reporting)
- Nigeria's 3.26 million constant LCU per square kilometre is above the median for Sub-Saharan Africa, which is 807,522 constant LCU per square kilometre, 4.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 753,970 constant LCU per square kilometre | 16,130 constant LCU per square kilometre | 956,943 constant LCU per square kilometre | 8 |
| 2020s | 2.58 million constant LCU per square kilometre | 2.08 million constant LCU per square kilometre | 3.26 million constant LCU per square kilometre | 4 |
Countries ranked near Nigeria
- 49 Burkina Faso 3.91 million constant LCU per square kilometre compare
- 50 Barbados 3.55 million constant LCU per square kilometre compare
- 51 Iceland 3.49 million constant LCU per square kilometre compare
- 53 Netherlands 2.73 million constant LCU per square kilometre compare
- 54 Pakistan 2.65 million constant LCU per square kilometre compare
- 55 North Macedonia 2.60 million constant LCU per square kilometre compare
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 taxes less subsidies on products (constant lcu), per square kilometre in Nigeria?
- Taxes less subsidies on products (constant lcu), per square kilometre in Nigeria was 3.26 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per square kilometre recorded in Nigeria?
- The highest recorded value was 3.26 million constant LCU per square kilometre in 2023.
- What is the lowest taxes less subsidies on products (constant lcu), per square kilometre recorded in Nigeria?
- The lowest recorded value was 16,130 constant LCU per square kilometre in 2012.
- How does Nigeria rank for taxes less subsidies on products (constant lcu), per square kilometre?
- Nigeria ranks 52nd out of 186 countries with data for 2023.
- Is taxes less subsidies on products (constant lcu), per square kilometre rising or falling in Nigeria?
- Over the last ten years it is up 287.7%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ Land area (sq. km)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.