Taxes on income vs. taxes on goods and services in Nigeria
Nigeria: Taxes on income vs. taxes on goods and services was 1.4% in 2023. ▼ Falling
Taxes on income vs. taxes on goods and services in Nigeria, 1994–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Nigeria recorded 1.4% for taxes on income vs. taxes on goods and services in 2023.
That represents a change of up 19.1% on the previous year and up 47.5% over ten years.
Over the whole period, taxes on income vs. taxes on goods and services in Nigeria peaked at 1.8% in 1997 and was at its lowest, 0.4%, in 1994.
Nigeria ranks 181st of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 30 years of available data.
Taxes on income vs. taxes on goods and services in Nigeria, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1994 | 0.4% | — |
| 1995 | 0.7% | +72.0% |
| 1996 | 0.8% | +15.9% |
| 1997 | 1.8% | +113.2% |
| 1998 | 1.6% | -8.9% |
| 1999 | 1.3% | -16.5% |
| 2000 | 1.2% | -8.7% |
| 2001 | 1.5% | +22.8% |
| 2002 | 1.0% | -35.9% |
| 2003 | 1.0% | +7.0% |
| 2004 | 0.9% | -11.4% |
| 2005 | 0.8% | -9.0% |
| 2006 | 0.8% | -4.1% |
| 2007 | 0.9% | +15.6% |
| 2008 | 1.0% | +13.0% |
| 2009 | 1.1% | +2.2% |
| 2010 | 1.0% | -4.0% |
| 2011 | 1.0% | +0.4% |
| 2012 | 1.0% | -4.0% |
| 2013 | 1.0% | +0.5% |
| 2014 | 0.9% | -10.4% |
| 2015 | 0.8% | -7.8% |
| 2016 | 0.8% | -2.7% |
| 2017 | 0.8% | +5.4% |
| 2018 | 0.8% | +1.4% |
| 2019 | 0.8% | -4.7% |
| 2020 | 1.0% | +18.8% |
| 2021 | 1.2% | +21.4% |
| 2022 | 1.2% | +4.8% |
| 2023 | 1.4% | +19.1% |
Nigeria compared with similar countries
- Nigeria's 1.4% is below the median for lower middle income countries, which is 6.1%, 24% of the median. (47 countries reporting)
- Nigeria's 1.4% is below the median for Sub-Saharan Africa, which is 5.3%, 27% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Taxes on income vs. taxes on goods and services in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +113.2% | 0.8% | 1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.1% | 0.4% | 1.8% | 6 |
| 2000s | 1.0% | 0.8% | 1.5% | 10 |
| 2010s | 0.9% | 0.8% | 1.0% | 10 |
| 2020s | 1.2% | 1.0% | 1.4% | 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 taxes on income vs. taxes on goods and services in Nigeria?
- Taxes on income vs. taxes on goods and services in Nigeria was 1.4% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on income vs. taxes on goods and services recorded in Nigeria?
- The highest recorded value was 1.8% in 1997.
- What is the lowest taxes on income vs. taxes on goods and services recorded in Nigeria?
- The lowest recorded value was 0.4% in 1994.
- How does Nigeria rank for taxes on income vs. taxes on goods and services?
- Nigeria ranks 181st out of 187 countries with data for 2023.
- Is taxes on income vs. taxes on goods and services rising or falling in Nigeria?
- Over the last ten years it is up 47.5%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on income vs. taxes on goods and services. Statizoid updates them automatically from the source API.
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About this data
Total taxes on income (individual and corporate) vs. total taxes on goods and services (including VAT and sales taxes), as a share of GDP.