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FINANCIAL HEALTH

The financial health of a state’s government is vital to ensuring the success of government-sponsored programs and projects and the quality of life of the state’s residents. The state government’s budget balancing, debt management and revenue generation were all key metrics in evaluating this category.

2020 STATE OF STATES RANKINGS FOR FINANCIAL HEALTH

RANK

STATE

GDP*

BUDGET

#1

$14,751,472,570

₦308,800,000,000

#2

$18,655,004,840

₦510,000,000,000

#3

₦181,420,000,000

#4

₦103,500,000,000

#5

$10,696,120,166

₦150,090,000,000

#6

₦134,200,000,000

#7

$13,611,262,055

₦246,600,000,000

#8

$12,050,266,752

₦343,900,000,000

#9

₦138,600,000,000

#10

₦220,500,000,000

#11

₦271,000,000,000

#11

₦92,180,000,000

#13

$13,492,238,667

₦190,900,000,000

#14

$28,982,026,725

₦1,046,000,000,000

#14

₦141,000,000,000

#16

₦316,900,000,000

#16

₦216,500,000,000

#18

₦170,900,000,000

#19

₦104,300,000,000

#19

$14,359,592,133

₦271,500,000,000

#21

₦133,000,000,000

#22

₦190,900,000,000

#23

₦146,400,000,000

#24

₦151,600,000,000

#24

$10,154,048,645

₦646,650,000,000

#26

₦98,600,000,000

#27

₦114,000,000,000

#28

₦213,600,000,000

#29

₦125,400,000,000

#30

₦181,200,000,000

#31

₦176,400,000,000

#32

₦167,890,000,000

#33

₦178,400,000,000

#34

₦151,200,000,000

#35

₦208,330,000,000

#36

₦1,300,000,000,000

#37

₦177,900,000,000

* - 2018 Estimates

Source:
National Bureau of Statistics
Kingmakers Calculations

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