Nigeria vs Upper middle income: PPG, commercial banks

Nigeria
1.33 billion NFL, current US$
in 2024
Upper middle income
30.53 billion NFL, current US$
in 2024
Nigeria rank
6th
Upper middle income rank
3rd

PPG, commercial banks over time

  • Nigeria
  • Upper middle income
-10.0B010.0B20.0B30.0B197019972024

How they compare

Upper middle income currently reports 30.53 billion NFL, current US$ against 1.33 billion NFL, current US$ in Nigeria, a difference of 29.20 billion NFL, current US$.

That makes Upper middle income's figure about 22.9 times Nigeria's.

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

Nigeria ranks 6th and Upper middle income ranks 3rd of 115 countries.

Across the 5 decades both report, Nigeria averaged higher in 2 and Upper middle income in 3.

Head to head by decade

Decade Nigeria Upper middle income Difference Ahead
1970s 215.62 million NFL, current US$ 6.36 billion NFL, current US$ 6.14 billion NFL, current US$ Upper middle income
1980s -33.25 million NFL, current US$ 8.68 billion NFL, current US$ 8.72 billion NFL, current US$ Upper middle income
1990s -220.85 million NFL, current US$ -1.33 billion NFL, current US$ 1.11 billion NFL, current US$ Nigeria
2000s 10.68 million NFL, current US$ -3.11 billion NFL, current US$ 3.12 billion NFL, current US$ Nigeria
2020s 477.16 million NFL, current US$ 16.05 billion NFL, current US$ 15.58 billion NFL, current US$ Upper middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher ppg, commercial banks, Nigeria or Upper middle income?
Upper middle income, at 30.53 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 Nigeria and Upper middle income?
29.20 billion NFL, current US$, with Upper middle income ahead.
How many years of comparable data are there for Nigeria and Upper middle income?
34 years are reported by both, from 1970 to 2024.
How do Nigeria and Upper middle income rank globally for ppg, commercial banks?
Nigeria ranks 6th and Upper middle income ranks 3rd of 115 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as PPG, commercial banks (NFL, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs Upper middle income: PPG, commercial banks. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 24 August 2026, from https://debt.statizoid.com/compare/ppg-commercial-banks-nfl-current-us/nigeria/upper-middle-income/

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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.