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Nigeria External and Government Debt

Nigeria National Debt Data

Indicator Data Period
Government Debt to GDP 37 % 2021
External Debt 39969 USD Million | 39.969 B USD 1Q/22


Latest data on Government Debt to GDP (%)

Government Debt to GDP
                     Nigeria - Historical Data (%)

What is Nigeria Government Debt to GDP Ratio?

  • Government Debt to GDP in Nigeria increased to 37 % in 2021. The maximum level was 75 % and minimum was 7.3 %
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
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)

External Debt
                     Nigeria - Historical Data (USD Million)

What is external debt of Nigeria?

  • External Debt in Nigeria increased to 39969 USD Million (39.969 B USD) in the first 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
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
31985 3Q/20 09.01.2021
31477 2Q/20 19.09.2020
27666 1Q/20 11.07.2020


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  3Q/21 7.595 B USD 7.621
Government Budget to GDP 2021 -4.7 % -4
Military Expenditure 2020 2.403 B USD 1.86

Government Debt to GDP in other countries

Country Updated Actual Previous
Egypt 2020 88 % 84
Kenya 2021 68.4 % 65.6
Madagascar 2020 44.8 % 38.7
Zimbabwe 2019 77.2 % 66.2
Tanzania 2019 37.8 % 37.6
Togo 2021 61 % 58.6
Tunisia 2021 80 % 87.6
Nigeria 2021 37 % 34.5
Sudan 2020 259 % 202
Morocco 2020 76.4 % 64.8
Senegal 2021 73 % 68.8
Seychelles 2020 94 % 57
South Africa 2021 69.9 % 70.7
Uganda 2020 49.8 % 38.2
Rwanda 2020 61 % 51
Liberia 2020 52.1 % 41.4
Zambia 2020 96 % 91.9
Mozambique 2020 122 % 108
Namibia 2020 69.6 % 54.8
Ghana 2020 78 % 63.9
Swaziland 2020 15.49 % 12.14
Libya 2020 155 % 110
Algeria 2021 62.5 % 51.3
Angola 2021 85 % 120
Benin 2021 47.2 % 46.1
Botswana 2020 18.2 % 17.8
Burkina Faso 2020 25 % 22.6
Burundi 2020 15.9 % 15.2
Central African Republic 2021 47.6 % 43.4
Chad 2021 58.2 % 52.1
Comoros 2021 31.1 % 26.5
Republic of the Congo 2021 85 % 102
Djibouti 2021 43.2 % 41
Equatorial Guinea 2021 39.9 % 48.8
Eritrea 2019 64 % 20.1
Ethiopia 2020 59 % 57
Gabon 2021 69.5 % 77.3
Gambia 2020 83.1 % 81
Guatemala 2020 31.26 % 27.88
Guinea 2020 40 % 34.3
Guinea Bissau 2019 36.5 % 27.4
Lesotho 2020 69.6 % 49.9
Malawi 2020 50.7 % 61.2
Mauritania 2020 53.1 % 52.1
Niger 2021 50.9 % 43.6
Sao Tome and Principe 2020 103 % 92.7
Sierra Leone 2021 75 % 71.9