Credit to government and state-owned enterprises to GDP in Nigeria
Nigeria: Credit to government and state-owned enterprises to GDP was 4.2% in 2020. ▲ Rising
Credit to government and state-owned enterprises to GDP in Nigeria, 1980–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Nigeria recorded 4.2% for credit to government and state-owned enterprises to gdp in 2020.
That represents a change of down 10.2% on the previous year and down 35.0% over ten years.
Over the whole period, credit to government and state-owned enterprises to gdp in Nigeria peaked at 8.7% in 2012 and was at its lowest, 0.9%, in 1995.
Nigeria ranks 151st of 178 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Credit to government and state-owned enterprises to GDP in Nigeria, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 6.1% | — |
| 1981 | 1.7% | -71.7% |
| 1982 | 2.4% | +36.7% |
| 1983 | 3.8% | +58.4% |
| 1984 | 5.7% | +52.0% |
| 1985 | 5.9% | +3.3% |
| 1986 | 2.7% | -53.6% |
| 1987 | 3.5% | +29.3% |
| 1988 | 2.7% | -24.8% |
| 1989 | 1.1% | -59.4% |
| 1990 | 2.0% | +85.9% |
| 1991 | 1.3% | -33.5% |
| 1992 | 0.9% | -31.5% |
| 1993 | 3.2% | +254.2% |
| 1994 | 2.8% | -12.6% |
| 1995 | 0.9% | -68.5% |
| 1996 | 1.6% | +78.1% |
| 1997 | 1.2% | -27.0% |
| 1998 | 1.3% | +12.4% |
| 1999 | 3.9% | +195.4% |
| 2000 | 4.4% | +13.2% |
| 2001 | 3.0% | -31.3% |
| 2002 | 4.3% | +43.0% |
| 2003 | 3.0% | -30.0% |
| 2004 | 3.7% | +22.1% |
| 2005 | 3.1% | -15.9% |
| 2006 | 4.2% | +36.9% |
| 2007 | 4.8% | +14.5% |
| 2008 | 3.7% | -22.8% |
| 2009 | 5.0% | +33.1% |
| 2010 | 6.5% | +31.7% |
| 2011 | 8.5% | +30.1% |
| 2012 | 8.7% | +2.8% |
| 2013 | 6.7% | -23.8% |
| 2014 | 4.6% | -30.4% |
| 2015 | 5.5% | +19.3% |
| 2016 | 5.8% | +4.1% |
| 2017 | 4.4% | -22.7% |
| 2018 | 5.0% | +12.6% |
| 2019 | 4.7% | -5.6% |
| 2020 | 4.2% | -10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.6% | 1.1% | 6.1% | 10 |
| 1990s | 1.9% | 0.9% | 3.9% | 10 |
| 2000s | 3.9% | 3.0% | 5.0% | 10 |
| 2010s | 6.1% | 4.4% | 8.7% | 10 |
| 2020s | 4.2% | 4.2% | 4.2% | 1 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.01 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.7387 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.01 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is credit to government and state-owned enterprises to gdp in Nigeria?
- Credit to government and state-owned enterprises to gdp in Nigeria was 4.2% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest credit to government and state-owned enterprises to gdp recorded in Nigeria?
- The highest recorded value was 8.7% in 2012.
- What is the lowest credit to government and state-owned enterprises to gdp recorded in Nigeria?
- The lowest recorded value was 0.9% in 1995.
- How does Nigeria rank for credit to government and state-owned enterprises to gdp?
- Nigeria ranks 151st out of 178 countries with data for 2020.
- Is credit to government and state-owned enterprises to gdp rising or falling in Nigeria?
- Over the last ten years it is down 35.0%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).