IBRD loans and IDA credits in Nigeria
Nigeria: IBRD loans and IDA credits was 17.84 billion DOD, current US$ in 2024. ◆ Volatile
IBRD loans and IDA credits in Nigeria, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Nigeria recorded 17.84 billion DOD, current US$ for ibrd loans and ida credits in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 14.3% on the previous year and up 208.8% over ten years.
Over the whole period, ibrd loans and ida credits in Nigeria peaked at 17.84 billion DOD, current US$ in 2024 and was at its lowest, 182.43 million DOD, current US$, in 1970.
Nigeria ranks 6th of 122 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 352.55 million DOD, current US$ | 182.43 million DOD, current US$ | 516.05 million DOD, current US$ | 10 |
| 1980s | 1.59 billion DOD, current US$ | 554.06 million DOD, current US$ | 2.97 billion DOD, current US$ | 10 |
| 1990s | 3.15 billion DOD, current US$ | 2.61 billion DOD, current US$ | 3.49 billion DOD, current US$ | 10 |
| 2000s | 2.17 billion DOD, current US$ | 1.86 billion DOD, current US$ | 2.85 billion DOD, current US$ | 10 |
| 2010s | 6.30 billion DOD, current US$ | 3.70 billion DOD, current US$ | 9.96 billion DOD, current US$ | 10 |
| 2020s | 14.24 billion DOD, current US$ | 11.42 billion DOD, current US$ | 17.84 billion DOD, current US$ | 5 |
Countries ranked near Nigeria
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 ibrd loans and ida credits in Nigeria?
- Ibrd loans and ida credits in Nigeria was 17.84 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ibrd loans and ida credits recorded in Nigeria?
- The highest recorded value was 17.84 billion DOD, current US$ in 2024.
- What is the lowest ibrd loans and ida credits recorded in Nigeria?
- The lowest recorded value was 182.43 million DOD, current US$ in 1970.
- How does Nigeria rank for ibrd loans and ida credits?
- Nigeria ranks 6th out of 122 countries with data for 2024.
- Is ibrd loans and ida credits rising or falling in Nigeria?
- Over the last ten years it is up 208.8%. 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 IBRD loans and IDA credits (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
IBRD loans and IDA credits are public and publicly guaranteed debt extended by the World Bank Group. The International Bank for Reconstruction and Development (IBRD) lends at market rates. Credits from the International Development Association (IDA) are at concessional rates. Data are in current U.S. dollars.