As Fiscal Deficit Widens, IMF Projects Nigeria’s Investment at 20% of GDP
Nume Ekeghe The International Monetary Fund (IMF), has predicted that Nigeria’s total investment will rise to 20 per cent of Gross Domestic Product (GDP) in 2026, its highest level since
The International Monetary Fund (IMF) has projected that Nigeria's investment will grow to 20 percent of its Gross Domestic Product (GDP) by 2026, marking the highest level since 2020. This prediction contrasts with the widening fiscal deficit, which is expected to reach 3.30 percent of GDP in 2026, up from 1.76 percent in 2025.
Despite the government finances concern, Nigeria's economy is anticipated to expand to $386.67 billion in nominal dollar terms by 2026, up from $290.49 billion in 2025. Real GDP growth is expected to be 4.2 percent in 2026, compared to 4.0 percent in 2025, with non-oil growth reaching 4.19 percent. The external sector is also projected to improve, with the current account surplus rising from $14.04 billion in 2025 to $27.20 billion in 2026, equivalent to seven percent of GDP.
Written by urgent.news from This Day's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
