Nigeria Economic Chart Park

Tax Collected

Declining tax revenue, post-2012

Tax Collected (Billion )

Gross Value Added Tax (VAT) (Billion )

Unstable tax (VAT) collection

Tax Collected: Tax revenue which has relatively maintained an upward trend, fell considerably in 2015 and dipped significantly in early 2016 on the account of economic downturn, as many businesses severely underperformed or shut down operations in the period.

Gross Value Added Tax: Gross Value Added Tax (gross VAT) has maintained fluctuant tempo; reaching a trough at below N40 billion in 2010Q4 and peak of above 90 billion dollars in 2013Q4. In recent times, gross VAT has fallen below N50 billion on the account of falling consumer demand following present macroeconomic challenges.




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FDI, FPI and other Investments: The unusual fall in overall capital importation, especially in equity investment, in the late 2015 and early 2016 is attributable to the tougher macroeconomic and finan

91-Day Treasury Bills

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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