Taxes less subsidies on products (current US$), per unit of GDP in Nigeria
Nigeria: Taxes less subsidies on products (current US$), per unit of GDP was 0.0235 current US$ per US$ of GDP in 2025. ▲ Rising
Taxes less subsidies on products (current US$), per unit of GDP in Nigeria, 1981–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (current us$), per unit of gdp in Nigeria is 0.0235 current US$ per US$ of GDP, measured in 2025. That is the highest value across all 45 years on record.
That represents a change of up 6.6% on the previous year and up 116.1% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Nigeria peaked at 0.0235 current US$ per US$ of GDP in 2025 and was at its lowest, 0.0036 current US$ per US$ of GDP, in 2019.
Nigeria ranks 181st of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP in Nigeria, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1981 | 0.0099 current US$ per US$ of GDP | — |
| 1982 | 0.0099 current US$ per US$ of GDP | +0.1% |
| 1983 | 0.0099 current US$ per US$ of GDP | -0.6% |
| 1984 | 0.0099 current US$ per US$ of GDP | +0.5% |
| 1985 | 0.0099 current US$ per US$ of GDP | -0.4% |
| 1986 | 0.0099 current US$ per US$ of GDP | -0.1% |
| 1987 | 0.0099 current US$ per US$ of GDP | +0.2% |
| 1988 | 0.0099 current US$ per US$ of GDP | -0.2% |
| 1989 | 0.0099 current US$ per US$ of GDP | +0.0% |
| 1990 | 0.0099 current US$ per US$ of GDP | -0.1% |
| 1991 | 0.0098 current US$ per US$ of GDP | -0.1% |
| 1992 | 0.0098 current US$ per US$ of GDP | -0.1% |
| 1993 | 0.0098 current US$ per US$ of GDP | +0.1% |
| 1994 | 0.0099 current US$ per US$ of GDP | +0.6% |
| 1995 | 0.0099 current US$ per US$ of GDP | +0.4% |
| 1996 | 0.01 current US$ per US$ of GDP | +0.4% |
| 1997 | 0.01 current US$ per US$ of GDP | +0.3% |
| 1998 | 0.0101 current US$ per US$ of GDP | +0.8% |
| 1999 | 0.0102 current US$ per US$ of GDP | +1.1% |
| 2000 | 0.0102 current US$ per US$ of GDP | +0.2% |
| 2001 | 0.0103 current US$ per US$ of GDP | +0.5% |
| 2002 | 0.0102 current US$ per US$ of GDP | -0.2% |
| 2003 | 0.0103 current US$ per US$ of GDP | +0.1% |
| 2004 | 0.0102 current US$ per US$ of GDP | -0.1% |
| 2005 | 0.0102 current US$ per US$ of GDP | +0.0% |
| 2006 | 0.0102 current US$ per US$ of GDP | -0.0% |
| 2007 | 0.0103 current US$ per US$ of GDP | +0.6% |
| 2008 | 0.0103 current US$ per US$ of GDP | +0.0% |
| 2009 | 0.0103 current US$ per US$ of GDP | +0.2% |
| 2010 | 0.0157 current US$ per US$ of GDP | +51.9% |
| 2011 | 0.0116 current US$ per US$ of GDP | -26.0% |
| 2012 | 0.0122 current US$ per US$ of GDP | +5.4% |
| 2013 | 0.0113 current US$ per US$ of GDP | -7.5% |
| 2014 | 0.0121 current US$ per US$ of GDP | +7.1% |
| 2015 | 0.0109 current US$ per US$ of GDP | -10.5% |
| 2016 | 0.0106 current US$ per US$ of GDP | -2.4% |
| 2017 | 0.0103 current US$ per US$ of GDP | -2.4% |
| 2018 | 0.0105 current US$ per US$ of GDP | +1.2% |
| 2019 | 0.0036 current US$ per US$ of GDP | -65.2% |
| 2020 | 0.009 current US$ per US$ of GDP | +148.0% |
| 2021 | 0.0105 current US$ per US$ of GDP | +16.0% |
| 2022 | 0.011 current US$ per US$ of GDP | +5.5% |
| 2023 | 0.0144 current US$ per US$ of GDP | +30.1% |
| 2024 | 0.022 current US$ per US$ of GDP | +53.1% |
| 2025 | 0.0235 current US$ per US$ of GDP | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0099 current US$ per US$ of GDP | 0.0099 current US$ per US$ of GDP | 0.0099 current US$ per US$ of GDP | 9 |
| 1990s | 0.0099 current US$ per US$ of GDP | 0.0098 current US$ per US$ of GDP | 0.0102 current US$ per US$ of GDP | 10 |
| 2000s | 0.0103 current US$ per US$ of GDP | 0.0102 current US$ per US$ of GDP | 0.0103 current US$ per US$ of GDP | 10 |
| 2010s | 0.0109 current US$ per US$ of GDP | 0.0036 current US$ per US$ of GDP | 0.0157 current US$ per US$ of GDP | 10 |
| 2020s | 0.0151 current US$ per US$ of GDP | 0.009 current US$ per US$ of GDP | 0.0235 current US$ per US$ of GDP | 6 |
Countries ranked near Nigeria
- 178 Haiti 0.025 current US$ per US$ of GDP compare
- 179 Panama 0.0246 current US$ per US$ of GDP compare
- 180 Bangladesh 0.0241 current US$ per US$ of GDP compare
- 182 Solomon Islands 0.0199 current US$ per US$ of GDP compare
- 183 Malaysia 0.0129 current US$ per US$ of GDP compare
- 184 Equatorial Guinea 0.0092 current US$ per US$ of GDP 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$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in Nigeria?
- Taxes less subsidies on products (current us$), per unit of gdp in Nigeria was 0.0235 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Nigeria?
- The highest recorded value was 0.0235 current US$ per US$ of GDP in 2025.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Nigeria?
- The lowest recorded value was 0.0036 current US$ per US$ of GDP in 2019.
- How does Nigeria rank for taxes less subsidies on products (current us$), per unit of gdp?
- Nigeria ranks 181st out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is up 116.1%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.