Lower middle income vs Nigeria: PPG, IDA
PPG, IDA over time
- Lower middle income
- Nigeria
How they compare
Lower middle income currently reports 152.90 billion DOD, current US$ against 16.60 billion DOD, current US$ in Nigeria, a difference of 136.30 billion DOD, current US$.
That makes Lower middle income's figure about 9.2 times Nigeria's.
Across all 55 years both countries report, Lower middle income has been ahead every year.
Lower middle income ranks 3rd and Nigeria ranks 3rd of 13 groups.
Lower middle income has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Lower middle income | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.25 billion DOD, current US$ | 31.51 million DOD, current US$ | 4.22 billion DOD, current US$ | Lower middle income |
| 1980s | 17.78 billion DOD, current US$ | 34.47 million DOD, current US$ | 17.74 billion DOD, current US$ | Lower middle income |
| 1990s | 44.05 billion DOD, current US$ | 268.57 million DOD, current US$ | 43.78 billion DOD, current US$ | Lower middle income |
| 2000s | 70.87 billion DOD, current US$ | 1.33 billion DOD, current US$ | 69.54 billion DOD, current US$ | Lower middle income |
| 2010s | 97.98 billion DOD, current US$ | 6.22 billion DOD, current US$ | 91.76 billion DOD, current US$ | Lower middle income |
| 2020s | 140.80 billion DOD, current US$ | 13.62 billion DOD, current US$ | 127.18 billion DOD, current US$ | Lower middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher ppg, ida, Lower middle income or Nigeria?
- Lower middle income, at 152.90 billion DOD, current US$ against 16.60 billion DOD, current US$ in Nigeria as of 2024.
- What is the difference in ppg, ida between Lower middle income and Nigeria?
- 136.30 billion DOD, current US$, with Lower middle income ahead.
- How many years of comparable data are there for Lower middle income and Nigeria?
- 55 years are reported by both, from 1970 to 2024.
- How do Lower middle income and Nigeria rank globally for ppg, ida?
- Lower middle income ranks 3rd and Nigeria ranks 3rd of 13 groups.
- Where does this data come from?
- International Debt Statistics, World Bank (WB), published as PPG, IDA (DOD, current US$). 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.