Nigeria NG: Military Expenditure as % of General Government Expenditure

2000 - 2017 | Yearly | % | World Bank

Nigeria NG: Military Expenditure as % of General Government Expenditure data was reported at 4.065 % in 2017. This records a decrease from the previous number of 4.333 % for 2016. Nigeria NG: Military Expenditure as % of General Government Expenditure data is updated yearly, averaging 3.280 % from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 4.924 % in 2002 and a record low of 2.048 % in 2007. Nigeria NG: Military Expenditure as % of General Government Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Nigeria's Nigeria NG: Military Expenditure as % of General Government Expenditure from 2000 to 2017 in the chart:

Nigeria Nigeria NG: Military Expenditure as % of General Government Expenditure

What was Nigeria's Nigeria NG: Military Expenditure as % of General Government Expenditure in 2017?

Last Previous Min Max Unit Frequency Range
4.065 2017 4.333 2016 2.048 2007 4.924 2002 % yearly 2000 - 2017

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Nigeria Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 6,977.346 2028 yearly 1990 - 2028
Forecast: Nominal GDP Per Capita (USD) 3,860.079 2027 yearly 1990 - 2027
Forecast: Real GDP Growth (%) 2.904 2027 yearly 1991 - 2027
GDP Deflator Growth (%) 11.3 Dec 2022 quarterly Mar 2011 - Dec 2022
GDP per Capita (USD) 2,057.020 2021 yearly 1981 - 2021
Gross Fixed Capital Formation (USD mn) 30,927.816 Dec 2023 quarterly Mar 2010 - Dec 2023
Gross National Product (GNP) (USD mn) 355,832.510 2023 yearly 1960 - 2023
Gross Savings Rate (%) 34.6 2023 yearly 1981 - 2023
Investment: % of GDP (%) 36.1 2023 yearly 1981 - 2023
Nominal GDP (USD mn) 111,302.5 Mar 2023 quarterly Mar 2010 - Mar 2023
Nominal GDP Growth (%) 17.265 Sep 2024 quarterly Mar 2011 - Sep 2024
Private Consumption Expenditure (USD mn) 44,757.800 Dec 2023 quarterly Mar 2010 - Dec 2023
Private Consumption: % of GDP (%) 61.2 2023 yearly 1981 - 2023
Public Consumption Expenditure (USD mn) 3,241.642 Dec 2023 quarterly Mar 2010 - Dec 2023
Public Consumption: % of GDP (%) 4.3 2023 yearly 1981 - 2023
Real GDP Growth (%) 2.3 Mar 2023 quarterly Mar 2011 - Mar 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 39.325 Dec 2023 quarterly Mar 2010 - Dec 2023
Production Last Frequency Range
Gold Production (kg) 350.000 2022 yearly 1993 - 2022
Industrial Production Index Growth (%) 4.1 Jun 2024 quarterly Mar 2011 - Jun 2024
Minerals Production (Metric Ton) 107,328,470.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 2,040.000 2008 yearly 1999 - 2008
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.7 Jun 2024 quarterly Dec 2010 - Jun 2024
Forecast: Government Expenditure (NGN bn) 100,505.650 2029 yearly 1990 - 2029
Forecast: Government Net Debt (NGN bn) 285,181.495 2029 yearly 1990 - 2029
Forecast: Government Revenue (NGN bn) 72,588.069 2029 yearly 1990 - 2029
Government Debt: % of GDP (%) 52.8 Jun 2024 quarterly Dec 2010 - Jun 2024
National Government Debt (USD mn) 88,444.7 Jun 2024 quarterly Dec 2006 - Jun 2024
Consolidated Fiscal Balance (USD mn) -3,274.101 Jun 2024 quarterly Mar 2005 - Jun 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 46,488,079.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Forecast: Population (Person mn) 250.830 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 22.562 2018 yearly 2010 - 2018
Labour Force Participation Rate (%) 59.1 2023 yearly 1990 - 2023
Labour Productivity Growth (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Population (Person mn) 211.5 2021 yearly 1950 - 2021
Unemployment Rate (%) 4.10 Mar 2023 quarterly Dec 2022 - Mar 2023
Domestic Trade and Household Survey Last Frequency Range
Consumer Confidence Growth (% Point) -1.3 Dec 2020 quarterly Jun 2010 - Dec 2020
Consumer Confidence: Net Balance (% Point) 28.9 Dec 2020 quarterly Jun 2009 - Dec 2020
Motor Vehicle Sales: Commercial Cars (Unit) 4,700.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 5,100.000 2019 yearly 2005 - 2019
Motor Vehicles Sales (Unit) 9,800 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) -42.4 2019 yearly 2006 - 2019

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