Nigeria government revenues


Nigeria government revenues: 1693.02 (12.11%)
Last Update: September 30, 2023

Nigeria government revenues closed down 1693.02 as of September 30, 2023 from 1510.09 from the previous month and 997.49 from last year.


Nigeria government revenues Analytics & Data




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Nigeria government revenues

Date Values
2023-09-30 1693.02
2023-06-30 1510.09
2023-03-31 1342.15
2022-12-31 1502.52
2022-09-30 1837.52
2022-06-30 1052.42
2022-03-31 1142.72
2021-12-31 1014.87
2021-09-30 1114.21
2021-06-30 1329.95
2021-03-31 0
2020-12-31 1015.47
2020-09-30 997.49
2020-06-30 894.13
2020-03-31 864.88
2019-12-31 1480.87
2019-09-30 1310.54
2019-06-30 971.72
2019-03-31 1130.91
2018-12-31 1144.47


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Nigeria government revenues Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
government revenues ng.govrev 1693.02 1510.09 12 70 UP UP 0 2023-09-30

Nigeria government revenues Factors

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What is the Nigeria government revenues

Nigeria Government Revenues: A Comprehensive Analysis

Welcome to our webpage dedicated to Nigeria government revenues. Here, you will find a wealth of current and historical data, trends, analytics, and charts that provide insights into the financial health and fiscal performance of Nigeria's government. Understanding Nigeria government revenues is crucial for investors, analysts, researchers, and policymakers to grasp the economic landscape and make informed decisions.

What are Nigeria Government Revenues? Nigeria government revenues refers to the income received by the Nigerian government through various sources, primarily taxes, royalties, customs duties, and oil revenues. These revenues play a vital role in funding public infrastructure, social programs, and public services that contribute to the country's overall development. Analyzing these revenue streams helps identify economic patterns, the government's fiscal discipline, and potential future economic outcomes.

Interpreting Nigeria Government Revenues: Our webpage offers detailed charts, analytics, and trends that provide valuable insights into Nigeria's revenue dynamics. These can be interpreted in several ways to gain a comprehensive understanding:

1. Sources of Revenue: Explore the composition of Nigeria's government revenues, including the proportion derived from taxes, oil exports, and other sectors. Assessing the distribution allows for an understanding of the country's reliance on different revenue streams.

2. Historical Data: Examine revenue trends over time to identify patterns and fluctuations. Recognize any significant events or policy changes that may have influenced revenue performance. Historical data provides a benchmark for evaluating the government's financial management and assessing future projections.

3. Comparative Analysis: Compare Nigeria's revenue performance against other countries or regions to gain insights into its economic competitiveness and fiscal stability. Such comparisons enable identifying both strengths and areas that require attention.

4. MacroVar Signals and Analysis: Leverage our MacroVar signals to gain deeper insights into Nigeria government revenues. These signals are developed using advanced algorithms that analyze vast amounts of economic data and provide reliable predictions, aiding in identifying potential market trends and risks.

5. Export Historical Data: For advanced analysis and modeling, users can freely export the historical data provided on our webpage. This functionality enables researchers, economists, and analysts to perform further studies and develop their own models.

Our Commitment to Data Accuracy and Transparency: We understand the significance of accurate and reliable data for meaningful analysis. Therefore, we source our data from reputable government agencies, international institutions, and reliable industry reports. Our commitment to data accuracy, transparency, and up-to-date information ensures the integrity of our service.

Access Nigeria Government Revenues Analysis: Navigate through our user-friendly webpage, where you will find clear and interactive charts, graphs, and analytics reflecting Nigeria government revenues. Keep abreast of the latest revenue figures and explore historical data to detect trends and make informed decisions.

Start utilizing our analysis of Nigeria government revenues today to deepen your understanding of the country's economic landscape, extract valuable insights, and gain a competitive edge in your decision-making process.

Nigeria Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
NSE All Share ALLSHARE 71230.5 1 1 1.60129 74.6549 0.0025 0.00165 0.06098 0.61846
Nigeria ETF NGE 7.75 -0.5 -1 -1.59522 38.6064 0.0144 0.02513 -0.07468 0.053
Nigerian Naira US Dollar (NGN/USD) NGNUSD 788.33 0 1 1.11221 50.9669 0.00169 -0.00211 0.02176 0.78683
Nigeria 10-year bond yield NG.10Y 15.433 1 1 2.13446 67.3937 0.00823 0.03251 0.04944 0.07525
Nigeria 2-Year Bond Yield NG.2Y 15.147 0 0 0 0 0 0 0 0
Nigeria Yield Curve NG.YC 0.784 -1 -1 -3.5335 29.4427 -0.73442 -0.69706 -0.59017 -0.72179
Nigeria Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade ng.balanceoftrade 1741090 -653831 -366 -2746 UP UP 3 2023-07-31
business confidence ng.bizconfidence -15.2 -1.5 913 -152 Down Down 32 2020-12-01
capacity utilization ng.caputilization 54.9 56.4 -3 37 UP UP 0 2023-06-30
cash reserve ratio ng.cashreserveratio 45 45 0 38 UP UP 99 2024-02-29
composite pmi ng.comppmi 51.1 52.7 -3 21 Down UP 97 2024-03-31
consumer confidence ng.consconfidence -14.8 -21.2 -30 -1580 Down Down 0 2020-12-31
consumer price index cpi ng.cpi 701.9 681.4 3 33 UP UP 100 2024-03-31
core inflation rate ng.coreinflationrate 25.39 24.67 3 35 UP UP 92 2024-02-29
current account ng.currentaccount 3280 2870 14 -200 UP UP 23 2023-06-30
current account to gdp ng.currentaccountgdp -0.3 -0.5 -40 -110 Down Down 0 2023-01-31
deposit interest rate ng.depositrate 7.68 7.95 -3 69 UP UP 86 2023-06-30
exports ng.exports 3026630 1878040 61 44 UP UP 72 2023-02-28
external debt ng.externaldebt 41594.5 43159.2 -4 30 UP UP 0 2023-09-30
fiscal expenditure ng.fiscalexp 4040.18 4175.35 -3 90 UP UP 0 2023-09-30
foreign exchange reserves ng.fxreserves 34260 33520 2 -4 UP Down 72 2024-03-31
gdp ng.gdp 472.62 440.84 7 17 UP UP 0 2023-01-31
Real GDP ng.realgdp 21773300 19442300 12 11 UP UP 53 2023-12-31
gdp growth ng.gdpgrowth 12 9.7 24 -1600 UP UP 0 2023-12-31
gdp growth annual ng.gdpgrowthan 3.46 2.54 36 3045 UP UP 100 2023-12-31
gold reserves ng.goldres 21.37 21.46 0 0 Down Down 51 2021-06-30
government budget ng.govbudget -6.1 -5 22 336 Down Down 0 2024-01-31
Government budget ng.govbudgetvalue -2347.16 -2665.26 -12 88 Down Down 0 2023-09-30
government debt to gdp ng.govdebtgdp 38.8 38 2 123 UP UP 0 2023-01-31
government revenues ng.govrev 1693.02 1510.09 12 70 UP UP 0 2023-09-30
imports ng.imports 1285540 2531870 -49 -37 Down Down 3 2023-02-28
industrial production ng.indproduction -9.7 15.2 -164 31 Down Down 0 2023-06-30
interest rate ng.interestrate 18.75 18.5 1 34 UP UP 85 2023-07-25
lending rate ng.lendingrate 13.85 14.07 -2 14 UP UP 91 2023-06-30
manufacturing pmi ng.manpmi 42.8 49.4 -13 -16 Down Down 18 2023-06-30
money supply m0 ng.msm0 3693570 3650500 1 276 UP UP 100 2024-02-29
money supply m1 ng.msm1 30277200 31158900 -3 44 UP UP 90 2024-02-29
money supply m2 ng.msm2 93968500 92843000 1 78 UP UP 98 2024-02-29
services pmi ng.servpmi 51.1 52.7 -3 3 UP UP 60 2023-06-30
unemployment rate ng.unemploymentrate 5 4.2 19 -64 Down Down 0 2021-06-30
youth unemployment rate ng.ytunemploymentrate 8.6 7.2 19 -66 Down Down 0 2021-09-30