Net Lending/borrowing (excluding Grants) for General Government for Nigeria
NGAGGXCNLXGG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.61
Year-over-Year Change
89.80%
Date Range
1/1/2000 - 1/1/2026
Summary
This trend measures the net lending or borrowing position of Nigeria's general government, excluding grants. It is a key indicator of fiscal sustainability and a country's external balance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Net lending/borrowing is the difference between government revenue and expenditure. This metric provides insights into a government's fiscal position and ability to fund its activities without accumulating unsustainable debt.
Methodology
The data is calculated by the International Monetary Fund using national accounts data.
Historical Context
Analysts and policymakers monitor this indicator to assess Nigeria's fiscal health and economic stability.
Key Facts
- Nigeria's general government net lending/borrowing was -1.49% of GDP in 2021.
- A positive net lending position indicates a government surplus, while a negative position indicates a deficit.
- This metric is used to evaluate a country's fiscal sustainability and external balance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the net lending or borrowing position of Nigeria's general government, excluding grants. It represents the difference between government revenue and expenditure.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Nigeria's fiscal health and ability to fund government activities without accumulating unsustainable debt. It is a key indicator of fiscal sustainability and a country's external balance.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund using national accounts data.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this indicator to assess Nigeria's fiscal position and economic stability, which informs decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data may be subject to revisions and may not be available in real-time due to the time required for data collection and analysis.
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Citation
U.S. Federal Reserve, Net Lending/borrowing (excluding Grants) for General Government for Nigeria (NGAGGXCNLXGG01GDPPT), retrieved from FRED.