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Lagos - Financial Health

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14
2020 RANKING
$29 Billion
Gross Domestic Product (GDP)
13.4 Million
Population
₦1,046 Billion
Budget
$3,159 Million
Total Debt
₦382 Billion
Internally Generated Revenue (IGR)
₦119 Billion
Federal Allocation


RANK
14
Budget Deficit
RANK
37
Debt Management
RANK
1
Revenue Generation

Budget Deficit

-52.1%
2018 Budget Deficit Ratio
Budget Deficit Ratios for Lagos
Past Budgets for Lagos (₦ Billions)

Debt Management

105.8%
2018 Debt Revenue Ratio
4.92%
2018 Debt GDP Ratio
Internal Debt Ratio to Revenue for Lagos

Internal Debt for Lagos (₦ Billions)
External Debt Ratio to Gross Domestic Product for Lagos

External Debt for Lagos ($ Millions)

Revenue Generation

2.7%
2018 Budget Efficiency Ratio
76.3%
2018 IGR Revenue Ratio
₦28,664
2018 Revenue Per Capita
Budget Efficiency Ratio for Lagos

Revenue Per Capita for Lagos
IGR Revenue Ratio for Lagos

Revenue for Lagos (₦ Billions)


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