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Nigeria Fiscal Balance
-1.3% GDPas of 2024
Nigeria's fiscal balance stands at -1.3% GDP as of 2024. The indicator has remained relatively stable from -1.7% in 2014 to -1.3% in 2024. Source: IMF WEO.
Historical trend (2014–2024)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -1.7% GDP | — |
| 2015 | -2.7% GDP | -1.0pp |
| 2016 | -3.3% GDP | -0.6pp |
| 2017 | -3.8% GDP | -0.5pp |
| 2018 | -3.1% GDP | +0.7pp |
| 2019 | -3.3% GDP | -0.2pp |
| 2020 | -4% GDP | -0.7pp |
| 2021 | -4% GDP | 0.0pp |
| 2022 | -4% GDP | 0.0pp |
| 2023 | -3.1% GDP | +0.9pp |
| 2024 | -1.3% GDP | +1.8pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.