Public Debt-to-GDP Ratio

Mar 27, 2017

Public Debt-to-GDP Ratio

Public Debt-to-GDP Ratio: The ratio of Nigerias cumulative government debt to national GDP has maintained an upward trend indicating the countrys declining economic productivity and ability to repay its external debt.

Tax-to-GDP Ratio: The ratio of tax collected compared to national GDPA has fluctuated heavily, partly indicating the lack of lack of commitment to steady tax collection by successive governments.

Public Debt-to-GDP Ratio: The ratio of Nigerias cumulative government debt to national GDP has maintained an upward trend indicating the countrys declining economic productivity and ability to repay”