Middle income vs Nigeria: PPG, IDA

Middle income
165.13 billion DOD, current US$
in 2024
Nigeria
16.60 billion DOD, current US$
in 2024
Middle income rank
2nd
Nigeria rank
3rd

PPG, IDA over time

  • Middle income
  • Nigeria
050.0B100.0B150.0B197019972024

How they compare

Middle income currently reports 165.13 billion DOD, current US$ against 16.60 billion DOD, current US$ in Nigeria, a difference of 148.53 billion DOD, current US$.

That makes Middle income's figure about 9.9 times Nigeria's.

Across all 55 years both countries report, Middle income has been ahead every year.

Middle income ranks 2nd and Nigeria ranks 3rd of 13 groups.

Middle income has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Middle income Nigeria Difference Ahead
1970s 4.78 billion DOD, current US$ 31.51 million DOD, current US$ 4.75 billion DOD, current US$ Middle income
1980s 19.71 billion DOD, current US$ 34.47 million DOD, current US$ 19.68 billion DOD, current US$ Middle income
1990s 52.34 billion DOD, current US$ 268.57 million DOD, current US$ 52.08 billion DOD, current US$ Middle income
2000s 87.28 billion DOD, current US$ 1.33 billion DOD, current US$ 85.95 billion DOD, current US$ Middle income
2010s 112.28 billion DOD, current US$ 6.22 billion DOD, current US$ 106.06 billion DOD, current US$ Middle income
2020s 149.95 billion DOD, current US$ 13.62 billion DOD, current US$ 136.33 billion DOD, current US$ Middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher ppg, ida, Middle income or Nigeria?
Middle income, at 165.13 billion DOD, current US$ against 16.60 billion DOD, current US$ in Nigeria as of 2024.
What is the difference in ppg, ida between Middle income and Nigeria?
148.53 billion DOD, current US$, with Middle income ahead.
How many years of comparable data are there for Middle income and Nigeria?
55 years are reported by both, from 1970 to 2024.
How do Middle income and Nigeria rank globally for ppg, ida?
Middle income ranks 2nd and Nigeria ranks 3rd of 13 groups.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as PPG, IDA (DOD, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
PPG, IDA (DOD, current US$)
Unit
DOD, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
116 places, 5,365 data points, 1970–2024
Last refreshed

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.