External debt stocks, private nonguaranteed (PNG) in Nigeria
Nigeria: External debt stocks, private nonguaranteed (PNG) was 30.29 billion DOD, current US$ in 2024. ◆ Volatile
External debt stocks, private nonguaranteed (PNG) in Nigeria, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for external debt stocks, private nonguaranteed (png) in Nigeria is 30.29 billion DOD, current US$, measured in 2024.
Compared with earlier readings it is down 6.1% on the previous year and up 38.1% over ten years.
Over the whole period, external debt stocks, private nonguaranteed (png) in Nigeria peaked at 32.95 billion DOD, current US$ in 2022 and was at its lowest, 85.00 million DOD, current US$, in 1972.
That places Nigeria 17th out of 96 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 185.80 million DOD, current US$ | 85.00 million DOD, current US$ | 709.00 million DOD, current US$ | 10 |
| 1980s | 996.78 million DOD, current US$ | 406.00 million DOD, current US$ | 1.42 billion DOD, current US$ | 10 |
| 1990s | 312.93 million DOD, current US$ | 250.00 million DOD, current US$ | 390.74 million DOD, current US$ | 10 |
| 2000s | 7.20 billion DOD, current US$ | 2.15 billion DOD, current US$ | 10.12 billion DOD, current US$ | 10 |
| 2010s | 21.14 billion DOD, current US$ | 12.44 billion DOD, current US$ | 30.59 billion DOD, current US$ | 10 |
| 2020s | 31.83 billion DOD, current US$ | 30.29 billion DOD, current US$ | 32.95 billion DOD, current US$ | 5 |
Countries ranked near Nigeria
- 14 Argentina 35.99 billion DOD, current US$ compare
- 15 Peru 32.97 billion DOD, current US$ compare
- 16 Philippines 31.92 billion DOD, current US$ compare
- 18 Mongolia 25.52 billion DOD, current US$ compare
- 19 Uzbekistan 24.18 billion DOD, current US$ compare
- 20 South Africa 23.62 billion DOD, current US$ compare
More external debt data for Nigeria
- IFC, private nonguaranteed 102.35 million NFL, US$ (2024)
- Public and publicly guaranteed debt service 1.6% (2024)
- Net financial flows, IDA 1.92 billion NFL, current US$ (2024)
- Net financial flows, IBRD 758.21 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 6.3% (2024)
- IMF repurchases and charges 1.93 billion TDS, current US$ (2024)
- Net financial flows, multilateral 3.19 billion NFL, current US$ (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 3.86 billion TDS, current US$ (2024)
- Multilateral debt service 32.5% (2024)
- Multilateral debt service 1.26 billion TDS, current US$ (2024)
Frequently asked questions
- What is external debt stocks, private nonguaranteed (png) in Nigeria?
- External debt stocks, private nonguaranteed (png) in Nigeria was 30.29 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, private nonguaranteed (png) recorded in Nigeria?
- The highest recorded value was 32.95 billion DOD, current US$ in 2022.
- What is the lowest external debt stocks, private nonguaranteed (png) recorded in Nigeria?
- The lowest recorded value was 85.00 million DOD, current US$ in 1972.
- How does Nigeria rank for external debt stocks, private nonguaranteed (png)?
- Nigeria ranks 17th out of 96 countries with data for 2024.
- Is external debt stocks, private nonguaranteed (png) rising or falling in Nigeria?
- Over the last ten years it is up 38.1%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, private nonguaranteed (PNG) (DOD, current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Private nonguaranteed external debt comprises long-term external obligations of private debtors that are not guaranteed for repayment by a public entity. Data are in current U.S. dollars.