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Nigeria - Fiscal Policy Indicators 3.5

World Bank WDI · updated 2026-10-15 · 91 economies tracked

Latest value

3.5 (2025)

Global rank

##32 of 91 economies

Share of global total

1.5%

Growth since 2005

0.88×

Ranking Race — Fiscal Policy Indicators

1 = global #1 · higher value ranks higher

#1#13#25#37#49#61#7320052010201520202025#22#322020 overtook Myanmar2024 overtook Niger
NigeriaIvory CoastMauritaniaSamoaBenin

Real annual global ranks, 2005 - 2025. Nigeria climbed from #22 to #32 (overtook Myanmar). Gaps in a lane = missing data that year.

Key events for Nigeria ↓

Key Events — Nigeria

Auto-detected from rank data + curated milestones

2007
Climbed 16 places in global rank auto
2015
Fell 24 places in global rank auto
2016
Oil price recession curated

First recession in 25 years as crude prices collapse.

2020
Overtook Myanmar in global rank auto
2020
Climbed 25 places in global rank auto
2020
COVID-19 oil shock curated

Dual pandemic and oil shock push GDP down.

2023
Fuel subsidy removal curated

Petrol subsidy cut and currency reforms spark inflation.

2024
Overtook Niger in global rank auto

Fiscal Policy Indicators, 2005-2025

World Bank WDI · Score [SCORE] · linear scale · ranking in the race above
2005201020152020202533.544.5

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