Lower middle income vs Nigeria: PPG, commercial banks

Lower middle income
7.59 billion NFL, current US$
in 2024
Nigeria
1.33 billion NFL, current US$
in 2024
Lower middle income rank
6th
Nigeria rank
6th

PPG, commercial banks over time

  • Lower middle income
  • Nigeria
05.0B10.0B15.0B197019972024

How they compare

Lower middle income currently reports 7.59 billion NFL, current US$ against 1.33 billion NFL, current US$ in Nigeria, a difference of 6.26 billion NFL, current US$.

That makes Lower middle income's figure about 5.7 times Nigeria's.

The two have swapped places 4 times across 34 shared years of data; in 1970 it was Lower middle income ahead.

Lower middle income ranks 6th and Nigeria ranks 6th of 12 groups.

Lower middle income has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Lower middle income Nigeria Difference Ahead
1970s 1.04 billion NFL, current US$ 215.62 million NFL, current US$ 824.06 million NFL, current US$ Lower middle income
1980s 2.38 billion NFL, current US$ -33.25 million NFL, current US$ 2.41 billion NFL, current US$ Lower middle income
1990s 214.37 million NFL, current US$ -220.85 million NFL, current US$ 435.22 million NFL, current US$ Lower middle income
2000s 1.61 billion NFL, current US$ 10.68 million NFL, current US$ 1.60 billion NFL, current US$ Lower middle income
2020s 6.21 billion NFL, current US$ 477.16 million NFL, current US$ 5.73 billion NFL, current US$ Lower middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher ppg, commercial banks, Lower middle income or Nigeria?
Lower middle income, at 7.59 billion NFL, current US$ against 1.33 billion NFL, current US$ in Nigeria as of 2024.
What is the difference in ppg, commercial banks between Lower middle income and Nigeria?
6.26 billion NFL, current US$, with Lower middle income ahead.
How many years of comparable data are there for Lower middle income and Nigeria?
34 years are reported by both, from 1970 to 2024.
How do Lower middle income and Nigeria rank globally for ppg, commercial banks?
Lower middle income ranks 6th and Nigeria ranks 6th of 12 groups.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as PPG, commercial banks (NFL, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Lower middle income vs Nigeria: PPG, commercial banks. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 27 August 2026, from https://debt.statizoid.com/compare/ppg-commercial-banks-nfl-current-us/lower-middle-income/nigeria/

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About this data

Indicator
PPG, commercial banks (NFL, current US$)
Unit
NFL, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 4,649 data points, 1970–2024
Last refreshed

Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.