External debt stocks, public and publicly guaranteed (PPG) in Nigeria
Nigeria: External debt stocks, public and publicly guaranteed (PPG) was 50.19 billion DOD, current US$ in 2024. ◆ Volatile
External debt stocks, public and publicly guaranteed (PPG) in Nigeria, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for external debt stocks, public and publicly guaranteed (ppg) in Nigeria is 50.19 billion DOD, current US$, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 14.0% on the previous year and up 419.2% over ten years.
Over the whole period, external debt stocks, public and publicly guaranteed (ppg) in Nigeria peaked at 50.19 billion DOD, current US$ in 2024 and was at its lowest, 452.08 million DOD, current US$, in 1970.
Nigeria ranks 16th of 122 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.22 billion DOD, current US$ | 452.08 million DOD, current US$ | 3.25 billion DOD, current US$ | 10 |
| 1980s | 15.38 billion DOD, current US$ | 4.29 billion DOD, current US$ | 29.25 billion DOD, current US$ | 10 |
| 1990s | 26.68 billion DOD, current US$ | 22.38 billion DOD, current US$ | 32.33 billion DOD, current US$ | 10 |
| 2000s | 18.70 billion DOD, current US$ | 3.61 billion DOD, current US$ | 32.55 billion DOD, current US$ | 10 |
| 2010s | 12.90 billion DOD, current US$ | 4.69 billion DOD, current US$ | 27.58 billion DOD, current US$ | 10 |
| 2020s | 40.48 billion DOD, current US$ | 32.06 billion DOD, current US$ | 50.19 billion DOD, current US$ | 5 |
Countries ranked near Nigeria
- 13 Pakistan 89.56 billion DOD, current US$ compare
- 14 Philippines 80.51 billion DOD, current US$ compare
- 15 Bangladesh 77.58 billion DOD, current US$ compare
- 17 Peru 47.36 billion DOD, current US$ compare
- 18 Angola 46.11 billion DOD, current US$ compare
- 19 Morocco 45.73 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, public and publicly guaranteed (ppg) in Nigeria?
- External debt stocks, public and publicly guaranteed (ppg) in Nigeria was 50.19 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, public and publicly guaranteed (ppg) recorded in Nigeria?
- The highest recorded value was 50.19 billion DOD, current US$ in 2024.
- What is the lowest external debt stocks, public and publicly guaranteed (ppg) recorded in Nigeria?
- The lowest recorded value was 452.08 million DOD, current US$ in 1970.
- How does Nigeria rank for external debt stocks, public and publicly guaranteed (ppg)?
- Nigeria ranks 16th out of 122 countries with data for 2024.
- Is external debt stocks, public and publicly guaranteed (ppg) rising or falling in Nigeria?
- Over the last ten years it is up 419.2%. 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, public and publicly guaranteed (PPG) (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. Data are in current U.S. dollars.