Government Finance and Payroll

Basic Economic Data 1998 1993 1988 Source
Gross Domestic Product
(in national currency units)
-
billion
697
billion
145
billion
IMF (ed.), International Financial Statistics (April 2000)
Government Consumption
(in national currency units)
-
billion
27.6
billion
9.3
billion
IMF (ed.), International Financial Statistics (April 2000)
Stock of Government Debt
(in national currency units)
1,170.5
billion
894.2 billion
181.0 billion
IMF (ed.), International Financial Statistics (April 2000)
U.S. Dollar Exchange Rate
(annual average)
21.8860
22.0654
4.53697
Principle rate, IMF International Finacial Statistics

Goverrnment Finance

1998
1993
1988
Source
Total government expenditure and net lending (in national currency units)
510.7
billion
330.9
billion
-
billion
Central Bank of Nigeria (ed.), Annual Statement of Accounts (figures provided by national consultants)
Central Government Revenue (in national currency units)
-
billion
-
billion
-
billion

Public Payroll

1998
1993
1988
Source
Total public payroll expenditure (including wages, salaries and allowances/excluding public enterprise payrolls)
757.6
billion
899.7
billion
129.4
billion
Federal Ministry of Finance, National Rolling Plan (1996-98), Vol. I, Abuja; Federal Office of Statistics, Lagos