Nigeria External and Government Debt
Nigeria National Debt Data
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 38 % | 2022 |
| External Debt | 41695 USD Million | 41.695 B USD | 4Q/22 |
Latest data on Government Debt to GDP (%)
What is Nigeria Government Debt to GDP Ratio?
- Government Debt to GDP in Nigeria increased to 38 % in 2022. The maximum level was 75 % and minimum was 7.3 %
- Data published Yearly by Central Bank.
Historical Data (%) by years
Data
Period
Date
| 38 | 2022 | 17.04.2023 |
| 37 | 2021 | 28.06.2022 |
| 34.98 | 2020 | 15.02.2021 |
| 29.1 | 2019 | 02.12.2020 |
| 17.5 | 2018 | 29.10.2019 |
| 21.3 | 2017 | 12.04.2018 |
| 18.6 | 2016 | 11.08.2017 |
Historical Chart by presidents (%)
Government Debt to GDP in Nigeria by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Muhammadu Buhari | 29.05.2015 - | 18.6000 | 18.6000 | 18.6000 | 18.6000 | 0.00% |
Latest data on External Debt (USD Million)
What is external debt of Nigeria?
- External Debt in Nigeria increased to 41695 USD Million (41.695 B USD) in the forth quarter of 2022. The maximum debt was 37268 USD Million and minimum was 3288 USD Million
- Data published Quarterly by Central Bank.
Historical Data (USD Million) by years
Data
Period
Date
| 41695 | 4Q/22 | 06.05.2023 |
| 39662 | 3Q/22 | 17.12.2022 |
| 40065 | 2Q/22 | 15.10.2022 |
| 39969 | 1Q/22 | 18.06.2022 |
| 38391 | 4Q/21 | 19.03.2022 |
| 37955 | 3Q/21 | 22.01.2022 |
| 32860 | 1Q/21 | 19.06.2021 |
| 33348 | 4Q/20 | 20.03.2021 |
Historical Chart by presidents (USD Million)
External Debt in Nigeria by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Muhammadu Buhari | 29.05.2015 - | 13807.5900 | 18913.4400 | 18913.4400 | 13807.5900 | 36.98% |
Other budget indicators in Nigeria
| Index | Updated | Actual | Previous |
| Fiscal Expenditure | 4Q/22 | 4.904 B USD | 6.043 |
| Government Budget to GDP | 2021 | -4.1 % | -4 |
| Military Expenditure | 2022 | 3.109 B USD | 4.466 |
Government Debt to GDP in other countries
| Country | Updated | Actual | Previous |
| Egypt | 2022 | 87.2 % | 92 |
| Kenya | 2022 | 67.3 % | 67.7 |
| Madagascar | 2021 | 36.2 % | 38.1 |
| Zimbabwe | 2019 | 77.2 % | 66.2 |
| Tanzania | 2022 | 40.13 % | 37.3 |
| Togo | 2021 | 61 % | 58.6 |
| Tunisia | 2021 | 80 % | 87.6 |
| Nigeria | 2022 | 38 % | 36.5 |
| Sudan | 2021 | 182 % | 264 |
| Morocco | 2021 | 78.4 % | 76.4 |
| Senegal | 2021 | 73 % | 68.8 |
| Seychelles | 2022 | 65 % | 74 |
| South Africa | 2022 | 67.4 % | 69.9 |
| Uganda | 2021 | 45.5 % | 41.1 |
| Rwanda | 2021 | 66.7 % | 65.4 |
| Liberia | 2022 | 51.3 % | 49.4 |
| Zambia | 2021 | 123 % | 96 |
| Mozambique | 2022 | 101 % | 130 |
| Namibia | 2022 | 68.9 % | 67.2 |
| Ghana | 2022 | 88.8 % | 79.6 |
| Swaziland | 2022 | 19.44 % | 15.76 |
| Libya | 2020 | 155 % | 110 |
| Algeria | 2022 | 52.4 % | 62.8 |
| Angola | 2022 | 56.1 % | 85 |
| Benin | 2021 | 47.2 % | 46.1 |
| Botswana | 2022 | 26.1 % | 25 |
| Burkina Faso | 2022 | 59.6 % | 52.4 |
| Burundi | 2021 | 17.2 % | 15.7 |
| Central African Republic | 2022 | 52.1 % | 47.6 |
| Chad | 2022 | 44.7 % | 56 |
| Comoros | 2021 | 31.7 % | 26.1 |
| Republic of the Congo | 2021 | 85 % | 102 |
| Djibouti | 2021 | 43.2 % | 41 |
| Equatorial Guinea | 2022 | 27.1 % | 42.6 |
| Eritrea | 2022 | 164 % | 175 |
| Ethiopia | 2021 | 31.4 % | 34.1 |
| Gabon | 2022 | 54 % | 65.8 |
| Gambia | 2021 | 82.9 % | 85 |
| Guatemala | 2021 | 29.95 % | 31.12 |
| Guinea | 2021 | 43.3 % | 43.4 |
| Guinea Bissau | 2021 | 41 % | 39.6 |
| Lesotho | 2021 | 52.1 % | 52.2 |
| Malawi | 2022 | 66.7 % | 60.1 |
| Mauritania | 2021 | 44.2 % | 50.4 |
| Niger | 2021 | 50.9 % | 43.6 |
| Sao Tome and Principe | 2021 | 88 % | 96.9 |
| Sierra Leone | 2021 | 75 % | 71.9 |
