Nigeria vs Sub-Saharan Africa: IFC, private nonguaranteed (NFL, US$), annual growth rate

Nigeria
99.5 % change on previous year
in 2024
Sub-Saharan Africa
-28.96 % change on previous year
in 2024
Nigeria rank
36th
Sub-Saharan Africa rank
33rd

IFC, private nonguaranteed (NFL, US$), annual growth rate over time

  • Nigeria
  • Sub-Saharan Africa
-2000200400600200220132024

How they compare

Nigeria currently reports 99.5 % change on previous year against -28.96 % change on previous year in Sub-Saharan Africa, a difference of 128.46 % change on previous year.

That makes Nigeria's figure about 3.4 times Sub-Saharan Africa's.

The two have swapped places 9 times across 18 shared years of data; in 2002 it was Sub-Saharan Africa ahead.

Nigeria ranks 36th and Sub-Saharan Africa ranks 33rd of 99 countries.

Across the 3 decades both report, Nigeria averaged higher in 2 and Sub-Saharan Africa in 1.

Head to head by decade

Decade Nigeria Sub-Saharan Africa Difference Ahead
2000s -30.28 % change on previous year -7.36 % change on previous year 22.92 % change on previous year Sub-Saharan Africa
2010s 85.74 % change on previous year 28.26 % change on previous year 57.48 % change on previous year Nigeria
2020s 112.86 % change on previous year 95.97 % change on previous year 16.89 % change on previous year Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher ifc, private nonguaranteed (nfl, us$), annual growth rate, Nigeria or Sub-Saharan Africa?
Nigeria, at 99.5 % change on previous year against -28.96 % change on previous year in Sub-Saharan Africa as of 2024.
What is the difference in ifc, private nonguaranteed (nfl, us$), annual growth rate between Nigeria and Sub-Saharan Africa?
128.46 % change on previous year, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Sub-Saharan Africa?
18 years are reported by both, from 2002 to 2024.
How do Nigeria and Sub-Saharan Africa rank globally for ifc, private nonguaranteed (nfl, us$), annual growth rate?
Nigeria ranks 36th and Sub-Saharan Africa ranks 33rd of 99 countries.
Where does this data come from?
Statizoid (derived), published as IFC, private nonguaranteed (NFL, US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs Sub-Saharan Africa: IFC, private nonguaranteed (NFL, US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://debt.statizoid.com/compare/ifc-private-nonguaranteed-nfl-us-annual-growth-rate/nigeria/sub-saharan-africa/

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About this data

Indicator
IFC, private nonguaranteed (NFL, US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
144 places, 2,671 data points, 2002–2024
Last refreshed

The year-on-year percentage change in IFC, private nonguaranteed (NFL, US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.