Low & middle income vs Nigeria: PPG, IDA
PPG, IDA over time
- Low & middle income
- Nigeria
How they compare
Low & middle income currently reports 209.32 billion DOD, current US$ against 16.60 billion DOD, current US$ in Nigeria, a difference of 192.72 billion DOD, current US$.
That makes Low & middle income's figure about 12.6 times Nigeria's.
Across all 55 years both countries report, Low & middle income has been ahead every year.
Low & middle income ranks 1st and Nigeria ranks 3rd of 13 groups.
Low & middle income has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Low & middle income | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.35 billion DOD, current US$ | 31.51 million DOD, current US$ | 5.32 billion DOD, current US$ | Low & middle income |
| 1980s | 24.12 billion DOD, current US$ | 34.47 million DOD, current US$ | 24.09 billion DOD, current US$ | Low & middle income |
| 1990s | 66.75 billion DOD, current US$ | 268.57 million DOD, current US$ | 66.49 billion DOD, current US$ | Low & middle income |
| 2000s | 107.22 billion DOD, current US$ | 1.33 billion DOD, current US$ | 105.89 billion DOD, current US$ | Low & middle income |
| 2010s | 134.82 billion DOD, current US$ | 6.22 billion DOD, current US$ | 128.59 billion DOD, current US$ | Low & middle income |
| 2020s | 189.57 billion DOD, current US$ | 13.62 billion DOD, current US$ | 175.95 billion DOD, current US$ | Low & middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher ppg, ida, Low & middle income or Nigeria?
- Low & middle income, at 209.32 billion DOD, current US$ against 16.60 billion DOD, current US$ in Nigeria as of 2024.
- What is the difference in ppg, ida between Low & middle income and Nigeria?
- 192.72 billion DOD, current US$, with Low & middle income ahead.
- How many years of comparable data are there for Low & middle income and Nigeria?
- 55 years are reported by both, from 1970 to 2024.
- How do Low & middle income and Nigeria rank globally for ppg, ida?
- Low & middle income ranks 1st and Nigeria ranks 3rd of 13 groups.
- Where does this data come from?
- International Debt Statistics, World Bank (WB), published as PPG, IDA (DOD, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Public and publicly guaranteed debt outstanding from the International Development Association (IDA) is concessional. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Data are in current U.S. dollars.