Total Expenditure (general government) β Value US$ in Nigeria
Nigeria: Total Expenditure (general government) β Value US$ was 26,950 million USD in 2024. βΌ Falling
Total Expenditure (general government) β Value US$ in Nigeria, 2013β2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Nigeria recorded 26,950 million USD for total expenditure (general government) β value us$ in 2024. That is the lowest value across all 12 years on record.
The figure is down 45.4% on the previous year and down 58.0% over ten years.
Over the whole period, total expenditure (general government) β value us$ in Nigeria peaked at 70,583 million USD in 2013 and was at its lowest, 26,950 million USD, in 2024.
Nigeria ranks 60th of 113 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 51,239 million USD | 37,602 million USD | 70,583 million USD | 7 |
| 2020s | 45,638 million USD | 26,950 million USD | 56,052 million USD | 5 |
Countries ranked near Nigeria
- 57 Belarus, Republic of 30,350 million USD compare
- 58 Serbia, Republic of 29,782 million USD compare
- 59 Costa Rica 28,132 million USD compare
- 61 Dominican Republic 25,559 million USD compare
- 62 Azerbaijan, Republic of 22,184 million USD compare
- 63 Angola 22,158 million USD compare
More economy & growth data for Nigeria
- Gdp worldbank constant usd, annual growth rate 4.01 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 1.93 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 2,369 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per capita 0 units per person (2025)
- Inflation of consumer prices 23.01 (2025)
- Gdp per capita worldbank constant usd 2,369 (2025)
- Manufacturing value added to gdp 8.26 (2025)
- Gdp worldbank constant usd 562.59 billion (2025)
- Gdp per capita in international and market dollars 2,369 (2025)
Frequently asked questions
- What is total expenditure (general government) β value us$ in Nigeria?
- Total expenditure (general government) β value us$ in Nigeria was 26,950 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (general government) β value us$ recorded in Nigeria?
- The highest recorded value was 70,583 million USD in 2013.
- What is the lowest total expenditure (general government) β value us$ recorded in Nigeria?
- The lowest recorded value was 26,950 million USD in 2024.
- How does Nigeria rank for total expenditure (general government) β value us$?
- Nigeria ranks 60th out of 113 countries with data for 2024.
- Is total expenditure (general government) β value us$ rising or falling in Nigeria?
- Over the last ten years it is down 58.0%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (general government) β Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 12 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.