Data on expenditure, revenue, and economic growth in Nigeria

Abstract

This article describes the data for examining the influence of government expenditure and revenue on Nigerian economic growth. Data were extracted from the World Bank database and Central Bank of Nigeria (CBN) Statistical bulletin. The data are available with this article. The data is related to the research article “Newly proposed estimator for ridge parameter: an application to the Nigerian economy” (Lukman and Arowolo, 2018) but not discussed in detail. This data article will assist economists in identifying factors that will affect the economy of a country, especially in the African region. Keywords: Expenditure, Economic growth, Revenue, Ridge parameter