Nigeria External and Government Debt
Nigeria National Debt Data
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 38 % | 2022 |
| External Debt | 43159 USD Million | 43.159 B USD | 2Q/23 |
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 43159 USD Million (43.159 B USD) in the second quarter of 2023. 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
| 43159 | 2Q/23 | 16.09.2023 |
| 42672 | 1Q/23 | 05.08.2023 |
| 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 |
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 | 1Q/23 | 3.632 B USD | 3.679 |
| Government Budget to GDP | 2022 | -5 % | -6 |
| 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 | 2022 | 57 % | 52 |
| Zimbabwe | 20 | 92.6 % | 66.9 |
| Tanzania | 2022 | 38.3 % | 37.9 |
| Togo | 2022 | 55.9 % | 61 |
| Tunisia | 2021 | 80 % | 87.6 |
| Nigeria | 2022 | 38 % | 36.5 |
| Sudan | 2021 | 182 % | 264 |
| Morocco | 2022 | 71.6 % | 69.5 |
| Senegal | 2022 | 75 % | 73 |
| Seychelles | 2022 | 65 % | 74 |
| South Africa | 2022 | 67.4 % | 69.9 |
| Uganda | 2022 | 48.6 % | 45.5 |
| Rwanda | 2022 | 64.4 % | 66.6 |
| Liberia | 2022 | 51.3 % | 49.4 |
| Zambia | 2022 | 56.2 % | 71.5 |
| Mozambique | 2022 | 101 % | 130 |
| Namibia | 2022 | 68.9 % | 67.2 |
| Ghana | 2022 | 88.8 % | 79.6 |
| Swaziland | 2022 | 19.06 % | 15.98 |
| Libya | 2021 | 83 % | 155 |
| Algeria | 2022 | 52.4 % | 62.1 |
| Angola | 2022 | 56.1 % | 85 |
| Benin | 2022 | 52.8 % | 50.3 |
| Botswana | 2022 | 26.1 % | 25 |
| Burkina Faso | 2022 | 54.3 % | 48.2 |
| Burundi | 2022 | 14.5 % | 16.8 |
| Central African Republic | 2022 | 50.7 % | 47.6 |
| Chad | 2022 | 50.4 % | 55.9 |
| Comoros | 2022 | 31.6 % | 31.1 |
| Republic of the Congo | 2022 | 99.57 % | 108 |
| Djibouti | 2022 | 47 % | 43.2 |
| Equatorial Guinea | 2022 | 27.1 % | 42.6 |
| Eritrea | 2022 | 164 % | 175 |
| Ethiopia | 2021 | 31.4 % | 34.1 |
| Gabon | 2022 | 55.1 % | 65.8 |
| Gambia | 2022 | 80.8 % | 82.9 |
| Guatemala | 2022 | 27.45 % | 29.95 |
| Guinea | 2022 | 35.5 % | 40.4 |
| Guinea Bissau | 2022 | 41.1 % | 37.8 |
| Lesotho | 2021 | 52.1 % | 52.2 |
| Malawi | 2022 | 66.7 % | 60.1 |
| Mauritania | 2022 | 41.9 % | 44.5 |
| Niger | 2022 | 51.2 % | 50.9 |
| Sao Tome and Principe | 2021 | 88 % | 96.9 |
| Sierra Leone | 2022 | 98.8 % | 79.3 |
