Budgets in AfricaCountry profiles

Nigeria

Region: West Africa
Currency: Nigerian Naira (NGN)
Population: 182.2 million
Capital: Abuja
Finance minister: Kemi Adeosun
Ministry website: www.finance.gov.ng
Fiscal year: January-December
Regional Economic Community: CEN-SAD

Key economic indicators
2011 2012 2013 2014 2015
GDP (current NGN[billions]) 63,713.36 72,599.63 81,009.97 90,136.99 95,177.74
GDP (%) 58,180.35 60,670.05 63,942.85 67,977.46 69,780.69
GDP growth (%) 4.89 4.28 5.39 6.31 2.65
GDP per capita (current NGN) 362,850.87 368,251.36 377,728.83 390,815.03 390,444.92
GDP per capita (%) 397,358.34 440,660.79 478,549.21 518,214.26 532,549.36
Inflation (CPI) (%) 10.83 12.23 8.5 8.05 9.01
General government revenue (% of GDP) 17.73 14.3 11.05 10.52 7.82
General government expenditure (% of GDP) 17.36 14.05 13.37 12.6 11.81
Budget balance (% of GDP) 0.37 0.24 -2.33 -2.08 -3.98
Primary balance (% of GDP) 1.22 1.22 -1.34 -1.11 -2.92
General government debt (% of GDP) 10.18 10.4 10.48 10.58 11.5