Nigeria - Budget Deficit 2002
0.95%
+3.24% from 2001
Nigeria's budget deficit was 0.95% in 2002, increased +3.24% from -2.29% in 2001. This was the 159th highest globally.
Global Ranking - 2002▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Seychelles | -16.26% | -82.1% |
| 2nd | Lebanon | -16.19% | 23.0% |
| 3rd | Grenada | -13.90% | -129.6% |
| 4th | Eritrea | -13.29% | -38.2% |
| 5th | Palau | -12.70% | 23.9% |
| 6th | St. Kitts and Nevis | -11.71% | -7.8% |
| 7th | Türkiye | -11.31% | 2.8% |
| 8th | India | -11.07% | -0.4% |
| 9th | São Tomé and Principe | -10.42% | 22.9% |
| 10th | Antigua and Barbuda | -8.83% | -3.0% |
| 11th | Hungary | -8.79% | -120.1% |
| 12th | Bolivia, Plurinational State of | -8.79% | -28.9% |
| 13th | Slovak Republic | -8.35% | -7.9% |
| 14th | Israel | -8.22% | -102.6% |
| 15th | Belarus | -7.81% | -64.8% |
| 16th | Timor-Leste | -7.64% | -335.6% |
| 17th | Congo, Republic of | -7.34% | -939.9% |
| 18th | Japan | -7.34% | -18.3% |
| 19th | Sri Lanka | -6.90% | 18.6% |
| 20th | Egypt, Arab Republic of | -6.77% | -532.5% |
| 21st | Thailand | -6.72% | -280.2% |
| 22nd | Jamaica | -6.55% | -37.4% |
| 23rd | Czechia | -6.35% | -10.2% |
| 24th | Uzbekistan | -6.32% | -92.6% |
| 25th | Albania | -6.21% | 9.1% |
| 26th | Greece | -6.20% | -9.8% |
| 27th | Cabo Verde | -6.14% | -22.1% |
| 28th | Cambodia | -6.07% | -22.8% |
| 29th | Saudi Arabia | -5.91% | -51.2% |
| 30th | Kyrgyz Republic | -5.90% | 12.6% |
| 31st | Malta | -5.62% | 13.6% |
| 32nd | El Salvador | -5.50% | -11.3% |
| 33rd | Belize | -5.41% | 25.3% |
| 34th | North Macedonia | -5.24% | 10.9% |
| 35th | Barbados | -5.24% | -229.4% |
| 36th | Honduras | -5.02% | -60.8% |
| 37th | Costa Rica | -4.99% | -43.8% |
| 38th | Burundi | -4.90% | 37.0% |
| 39th | Croatia | -4.90% | -2.2% |
| 40th | Mauritius | -4.89% | 8.0% |
| 41st | Poland | -4.79% | -1.5% |
| 42nd | Hong Kong SAR, China | -4.77% | 1.3% |
| 43rd | Mongolia | -4.74% | -9.5% |
| 44th | Brunei Darussalam | -4.61% | -278.5% |
| 45th | Djibouti | -4.57% | -26.6% |
| 46th | Zambia | -4.50% | 23.6% |
| 47th | Malawi | -4.47% | - |
| 48th | Jordan | -4.44% | -60.2% |
| 49th | Burkina Faso | -4.43% | -24.6% |
| 50th | Morocco | -4.37% | -15.3% |
| 51st | Solomon Islands | -4.35% | -81.6% |
| 52nd | Bhutan | -4.33% | 64.4% |
| 53rd | Brazil | -4.15% | -19.6% |
| 54th | Cyprus | -4.13% | -96.1% |
| 55th | Madagascar | -4.09% | -13.2% |
| 56th | Germany | -4.09% | -30.8% |
| 57th | Chad | -4.08% | -15.4% |
| 58th | Dominica | -4.07% | 37.8% |
| 59th | Myanmar | -4.01% | 36.8% |
| 60th | Maldives | -3.97% | 0.0% |
| 61st | Malaysia | -3.96% | 9.2% |
| 62nd | Botswana | -3.94% | -35.3% |
| 63rd | United States | -3.82% | -602.4% |
| 64th | Portugal | -3.74% | 21.1% |
| 65th | Philippines | -3.71% | -6.1% |
| 66th | Guinea-Bissau | -3.70% | -102.8% |
| 67th | Eswatini | -3.69% | -64.9% |
| 68th | Fiji | -3.68% | 18.2% |
| 69th | Vanuatu | -3.63% | -9.3% |
| 70th | Colombia | -3.45% | -27.4% |
| 71st | Guinea | -3.37% | -4.4% |
| 72nd | Mozambique | -3.36% | 24.1% |
| 73rd | Benin | -3.33% | -1.9% |
| 74th | Suriname | -3.30% | -194.4% |
| 75th | Bahrain | -3.27% | -570.8% |
| 76th | Uruguay | -3.19% | -11.7% |
| 77th | France | -3.18% | -124.2% |
| 78th | Aruba | -3.17% | -279.5% |
| 79th | Mali | -3.09% | -10.6% |
| 80th | Sierra Leone | -3.03% | 5.9% |
| 81st | St. Lucia | -3.03% | 1.5% |
| 82nd | Bosnia and Herzegovina | -2.99% | 13.2% |
| 83rd | Iran, Islamic Republic of | -2.88% | -14,510.0% |
| 84th | Italy | -2.88% | 9.5% |
| 85th | Lao PDR | -2.85% | 22.6% |
| 86th | China | -2.84% | -11.0% |
| 87th | Ghana | -2.73% | 25.0% |
| 88th | Pakistan | -2.64% | -7.4% |
| 89th | Romania | -2.60% | 18.9% |
| 90th | Latvia | -2.59% | -27.7% |
| 91st | Tunisia | -2.55% | 11.4% |
| 92nd | Slovenia | -2.47% | 46.0% |
| 93rd | Nepal | -2.46% | -4.7% |
| 94th | Lesotho | -2.44% | 11.8% |
| 95th | Guyana | -2.42% | 34.8% |
| 96th | Tajikistan | -2.40% | -13.5% |
| 97th | Serbia | -2.33% | -816.3% |
| 98th | Bangladesh | -2.31% | 33.0% |
| 99th | Dominican Republic | -2.28% | -212.8% |
| 100th | Iceland | -2.25% | -709.4% |
| 101st | Angola | -2.25% | -180.0% |
| 102nd | Netherlands | -2.23% | -376.5% |
| 103rd | Niger | -2.21% | 14.5% |
| 104th | Mexico | -2.18% | 15.2% |
| 105th | Comoros | -2.15% | -0.8% |
| 106th | Uganda | -2.07% | -108.0% |
| 107th | Rwanda | -2.03% | -12.8% |
| 108th | Syrian Arab Republic | -2.02% | -187.8% |
| 109th | St. Vincent and the Grenadines | -2.00% | -25.3% |
| 110th | United Kingdom | -1.96% | -682.4% |
| 111th | Argentina | -1.91% | 64.4% |
| 112th | Paraguay | -1.89% | -2,658.1% |
| 113th | Viet Nam | -1.86% | 15.4% |
| 114th | Lithuania | -1.85% | 47.4% |
| 115th | Ukraine | -1.84% | 39.3% |
| 116th | Haiti | -1.80% | -16.3% |
| 117th | Samoa | -1.77% | 9.6% |
| 118th | Papua New Guinea | -1.75% | -31.7% |
| 119th | Switzerland | -1.75% | -943.0% |
| 120th | Bahamas, The | -1.67% | -652.3% |
| 121st | Liberia | -1.57% | -67.6% |
| 122nd | Sweden | -1.46% | -206.0% |
| 123rd | Montenegro | -1.44% | - |
| 124th | Austria | -1.43% | -100.3% |
| 125th | Peru | -1.40% | 34.8% |
| 126th | Namibia | -1.38% | 31.6% |
| 127th | Kenya | -1.30% | -145.3% |
| 128th | United Arab Emirates | -1.24% | -202.7% |
| 129th | Central African Republic | -1.19% | -35.8% |
| 130th | Moldova | -1.18% | -241.7% |
| 131st | Chile | -1.17% | -136.6% |
| 132nd | Guatemala | -1.03% | 48.5% |
| 133rd | Panama | -0.96% | -130.9% |
| 134th | South Africa | -0.96% | 5.6% |
| 135th | Tanzania | -0.73% | -75.6% |
| 136th | Sudan | -0.69% | 10.7% |
| 137th | Côte d'Ivoire | -0.64% | -191.1% |
| 138th | Bulgaria | -0.61% | -5.9% |
| 139th | Indonesia | -0.58% | 67.3% |
| 140th | Yemen, Republic of | -0.56% | -119.9% |
| 141st | Ireland | -0.52% | -154.1% |
| 142nd | Spain | -0.32% | 30.3% |
| 143rd | Togo | -0.28% | 60.9% |
| 144th | Canada | -0.23% | -144.2% |
| 145th | Trinidad and Tobago | -0.20% | -132.6% |
| 146th | Georgia | -0.19% | 73.7% |
| 147th | Afghanistan | -0.10% | - |
| 148th | Belgium | -0.04% | -118.9% |
| 149th | Gambia, The | 0.06% | 102.3% |
| 150th | Turkmenistan | 0.19% | -76.1% |
| 151st | Senegal | 0.19% | 113.3% |
| 152nd | Australia | 0.19% | 743.3% |
| 153rd | Algeria | 0.22% | -93.2% |
| 154th | Denmark | 0.25% | -77.6% |
| 155th | Estonia | 0.29% | -26.6% |
| 156th | Russian Federation | 0.67% | -77.5% |
| 157th | Ecuador | 0.74% | 2,136.4% |
| 158th | Congo, Democratic Republic of | 0.89% | 179.3% |
| 159th | Nigeria | 0.95% | 141.7% |
| 160th | Andorra | 0.98% | 48.6% |
| 161st | Cameroon | 1.51% | 75.0% |
| 162nd | Kazakhstan | 1.92% | - |
| 163rd | Luxembourg | 2.03% | -63.9% |
| 164th | Nicaragua | 2.07% | 506.7% |
| 165th | Singapore | 2.23% | 86.5% |
| 166th | New Zealand | 2.55% | 98.3% |
| 167th | Tonga | 2.59% | 15.9% |
| 168th | Macao SAR, China | 2.66% | -18.4% |
| 169th | Kiribati | 3.13% | 128.8% |
| 170th | Korea | 3.23% | 33.4% |
| 171st | Gabon | 3.72% | -8.4% |
| 172nd | Finland | 3.98% | -18.7% |
| 173rd | Marshall Islands | 5.12% | -34.6% |
| 174th | Oman | 5.31% | -29.6% |
| 175th | Libya | 6.99% | 10,334.3% |
| 176th | Micronesia, Federated States of | 7.21% | 231.9% |
| 177th | Qatar | 7.89% | 76.1% |
| 178th | Norway | 9.03% | -31.5% |
| 179th | Equatorial Guinea | 17.59% | 18.0% |
| 180th | Azerbaijan | 19.39% | -10.9% |
| 181st | Kuwait | 31.04% | -31.3% |
FAQ
What was Nigeria's budget deficit in 2002?▾
Nigeria's budget deficit in 2002 was 0.95%. This ranked 159th globally.
How did Nigeria's budget deficit change in 2002?▾
Nigeria's budget deficit increased by 141.7% in 2002 compared to 2001.
Which country had the highest budget deficit in 2002?▾
Kuwait had the highest budget deficit in 2002 at 31.04%.
What is the budget deficit of Nigeria in 2002?▾
The budget deficit of Nigeria in 2002 was 0.95%. This ranked 159th globally.
How does 2002 compare to 2001 for Nigeria's budget deficit?▾
Nigeria's budget deficit went from -2.29% in 2001 to 0.95% in 2002, a 141.7% increase.
Related
2001
2003
All years
Full ranking 2002
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 2006
Lowest: 1993
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
vs Guinea-Bissau
vs Chad
vs Togo
vs Burkina Faso
Organisation of Islamic Cooperation Budget Deficit
OPEC Budget Deficit
African Union Budget Deficit
Global Ranking