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Nigeria Military expenditure (% of general government expenditure)
What is Nigeria's military expenditure (% of general government expenditure)? As of 2023, it's 6.2 Percentage, up from 3.1 Percentage in 2014.
Author: Wantstats Research TeamSource: World Bank and Wantstats Repository
| Label | Military expenditure (% of general government expenditure) |
|---|---|
| 2014 | 3.1028 Percentage |
| 2015 | 3.7797 Percentage |
| 2016 | 4.4356 Percentage |
| 2017 | 3.5918 Percentage |
| 2018 | 3.9544 Percentage |
| 2019 | 3.6766 Percentage |
| 2020 | 5.2262 Percentage |
| 2021 | 8.0637 Percentage |
| 2022 | 4.521 Percentage |
| 2023 | 6.2119 Percentage |
Data Source: World Bank and Wantstats Repository
Nigeria Military expenditure (% of general government expenditure): Key Points
- Look at the two endpoints first. Nigeria's military expenditure opens at 3.10 Percentage in 2014 and closes at 6.21 Percentage in 2023 — up, roughly 100%.
- 2015-2016: shoots up to 4.44 Percentage (+43%).
- 2020: leaps to 5.23 Percentage (+42%).
- 2021: surges to 8.06 Percentage (+54%).
- 2022: caves in to 4.52 Percentage (-44%).
- Take the whole run together and it's a 100.2% gain, landing at 6.21 Percentage by 2023.
Reading A Choppy Series
Treat this less like a trend and more like a set of individual events. Something different seems to be driving each up or down move rather than one consistent force.
Before drawing a conclusion from this chart alone, check how Nigeria compares to similar countries on military expenditure — the shape of this one line can look dramatic or unremarkable depending entirely on what it's measured against.
Nigeria's number here, like most in this category, is built from a mix of direct measurement and statistical modeling — reliable for tracking direction, less reliable for pinning down an exact year-to-year figure.
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This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.