Nigeria Annual Government Expenditure



Period Recurrent Expenditure Capital Expenditure Total Expenditure
2019 6997.39 2289.00 9714.84
2018 5675.19 1682.10 7357.29
2017 4779.99 1242.30 6022.28
2016 4160.11 653.61 4813.72
2015 3831.95 818.37 4650.31




Insight

Nigeria total expenditure in 2019 stood at N9.71 trillion comprising of N6.99 trillion recurrent expenditure and N2.29 trillion capital expenditure. The total expenditure increased by 24.3% in 2019 compared to N7.81 trillion expended in 2018 and 50.46% compared to N6.46 trillion in 2017.

Recurrent expenditure increased by 23.3% from N5.68 trillion in 2018 to N6.99 trillion in 2019 while capital expenditure grew by 36.1% from N1.68 trillion to N2.29 trillion in 2019.

Data source: Central Bank of Nigeria

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