Education spending in Nigeria

Nigeria: Education spending was 0.3191 in 2023. ◆ Volatile

Latest (2023)
0.3191
Change on year
down 8.4%
World rank
198th
of 199 countries
All-time high
3.21
in 1974
All-time low
0.3191
in 2023
Years of data
14
1974–2023

Education spending in Nigeria, 1974–2023

01231974199820231974: 3.21975: 3.12012: 0.5492013: 0.5342014: 0.4712015: 0.4372016: 0.3932017: 0.3962018: 0.422019: 0.3582020: 0.362021: 0.3822022: 0.3492023: 0.319

Source: Our World in Data.

Analysis

Nigeria recorded 0.3191 for education spending in 2023. That is the lowest value across all 14 years on record.

The figure is down 8.4% on the previous year and down 40.3% over ten years.

Over the whole period, education spending in Nigeria peaked at 3.21 in 1974 and was at its lowest, 0.3191, in 2023.

Nigeria ranks 198th of 199 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Education spending in Nigeria, year by year

Annual values for Education spending in Nigeria, 1974 to 2023.
Year Value Change
1974 3.21 —
1975 3.06 -4.6%
2012 0.5492 -82.1%
2013 0.5342 -2.7%
2014 0.4707 -11.9%
2015 0.437 -7.2%
2016 0.393 -10.0%
2017 0.3964 +0.8%
2018 0.42 +6.0%
2019 0.3585 -14.6%
2020 0.3596 +0.3%
2021 0.3819 +6.2%
2022 0.3485 -8.7%
2023 0.3191 -8.4%

Nigeria compared with similar countries

  • Nigeria's 0.3191 is below the median for lower middle income countries, which is 4.02, 8% of the median. (47 countries reporting)
  • Nigeria's 0.3191 is below the median for Sub-Saharan Africa, which is 3.2, 10% of the median. (47 countries reporting)

Biggest year-on-year movements

Years where Education spending in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2012 -82.1% 3.06 0.5492

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.14 3.06 3.21 2
2010s 0.4449 0.3585 0.5492 8
2020s 0.3523 0.3191 0.3819 4

Countries ranked near Nigeria

  1. 195 Haiti 0.9646 compare
  2. 196 Papua New Guinea 0.7821 compare
  3. 197 Zimbabwe 0.3848 compare
  4. 199 Somalia 0 compare

See the full ranking of 199 places →

More education data for Nigeria

All data for Nigeria →

Frequently asked questions

What is education spending in Nigeria?
Education spending in Nigeria was 0.3191 in 2023, according to Our World in Data.
What is the highest education spending recorded in Nigeria?
The highest recorded value was 3.21 in 1974.
What is the lowest education spending recorded in Nigeria?
The lowest recorded value was 0.3191 in 2023.
How does Nigeria rank for education spending?
Nigeria ranks 198th out of 199 countries with data for 2023.
Is education spending rising or falling in Nigeria?
Over the last ten years it is down 40.3%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Our World in Data, published as part of Education spending. Statizoid updates them automatically from the source API.

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Education spending in Nigeria. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://education.statizoid.com/stat/education-spending/nigeria/

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About this data

Indicator
Education spending
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 5,187 data points, 1870–2025
Last refreshed