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Nigeria · Statistic

Net taxes on products (2019 base)

National Accounts · Source: NBS · quarterly

International comparability — CSA: Economic · SNA 2008 (2025 update)

Net indirect taxes on products (taxes less subsidies on products) under the 2019-base rebased national accounts, quarterly, 2019-2026. Figures in Naira million, at current and constant 2019 prices. Added to gross value added at basic prices to reach GDP at market prices. Source: National Bureau of Statistics, GDP report (2019 rebasing).

Net taxes on products (2019 base): NGN 10.4m, 2025, up 2,151,798.09 NGN Million on 2024.

Observations

40

2019 – Q1 2026

Coverage

Nigeria

national

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Displayed series · 20 quarterly periods · 2019 – Q1 20262 price basis

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Net taxes on products (2019 base) — approach=production·measure=net_taxes_on_products·price_basis=constant·valuation=net_taxes·base_year=2019·activity_sector=Net Indirect Taxes on Products was NGN 1.3m in Q1 2026, against NGN 746,418 in 2019 — 20 quarterly periods.

Latest

NGN 1.3m

Q1 2026

Minimum

NGN 425,846

Q2 2023

Maximum

NGN 5m

2025

Range

NGN 425,846 – NGN 5m

lowest – highest observed

Periods

20

published points

Showing the latest 12 of 20 periods. The downloads carry every observation.

Net taxes on products (2019 base)20 periods, newest first, for approach=production·measure=net_taxes_on_products·price_basis=constant·valuation=net_taxes·base_year=2019·activity_sector=Net Indirect Taxes on Products (NGN Million).
Periodapproach=production·measure=net_taxes_on_products·price_basis=constant·valuation=net_taxes·base_year=2019·activity_sector=Net Indirect Taxes on ProductsNGN Million
Q1 20261,334,998.33
Q4 20251,479,144.73
Q3 20251,609,259.37
Q2 2025617,072.02
Q1 20251,262,668.1
20254,968,144.22
Q4 20241,474,041.72
Q3 20241,444,698.41
Q2 2024651,151.56
Q1 2024917,425.85
20244,487,317.54
Q4 20231,135,253.26
Full series (CSV) ↓Full series (JSON) ↓

Methodology and provenance

Where this data comes from and when Prism last updated it.

Source document

Last updated 13 August 2026

Gross Domestic ProductNBS
  • Table GDP2019-net taxes on products

    Net indirect taxes on products (2019 base) · NBS Gross Domestic Product, 2019 rebasing (production approach; activity_sector/price_basis/valuation/frequency as dimensions)

Source and citation

This series is catalogued from public source tables. Prism names the table originator and the publication publisher — shown as one line when they are the same organisation. How this data is extracted and checked is set out in the methodology, and the full list of what Prism draws on is on the sources page.

Originator & publisher
National Bureau of Statistics (NBS)
Publication
Gross Domestic Product
Printed source caption
NBS Gross Domestic Product, 2019 rebasing (production approach; activity_sector/price_basis/valuation/frequency as dimensions)
Publication reference
NGA-NBS-GDP
Catalog record
Catalog 147
Cite this series
"Net taxes on products (2019 base)", NBS, Gross Domestic Product, ref. NGA-NBS-GDP. Catalogued by Prism, https://prism-portal-sooty.vercel.app/statistics/nbs-na-gdp-net-taxes-on-products-2019base-nga.
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Source: NBS. Source publication: Gross Domestic Product. Publisher: National Bureau of Statistics (NBS). Catalogued by Prism; Q1 2026.