Nigeria vs South Africa: PPG, private creditors

Nigeria
3.53 billion NFL, US$
in 2024
South Africa
6.52 billion NFL, US$
in 2024
Nigeria rank
9th
South Africa rank
6th

PPG, private creditors over time

  • Nigeria
  • South Africa
-10.0B-5.0B05.0B10.0B15.0B197019972024

How they compare

South Africa currently reports 6.52 billion NFL, US$ against 3.53 billion NFL, US$ in Nigeria, a difference of 2.99 billion NFL, US$.

That makes South Africa's figure about 1.8 times Nigeria's.

The two have swapped places 8 times across 29 shared years of data; in 1994 it was South Africa ahead.

Nigeria ranks 9th and South Africa ranks 6th of 119 countries.

Across the 4 decades both report, Nigeria averaged higher in 1 and South Africa in 3.

Head to head by decade

Decade Nigeria South Africa Difference Ahead
1990s -299.69 million NFL, US$ 2.26 billion NFL, US$ 2.56 billion NFL, US$ South Africa
2000s -351.65 million NFL, US$ 621.65 million NFL, US$ 973.30 million NFL, US$ South Africa
2010s 1.40 billion NFL, US$ 5.55 billion NFL, US$ 4.16 billion NFL, US$ South Africa
2020s 1.85 billion NFL, US$ -2.02 billion NFL, US$ 3.87 billion NFL, US$ Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher ppg, private creditors, Nigeria or South Africa?
South Africa, at 6.52 billion NFL, US$ against 3.53 billion NFL, US$ in Nigeria as of 2024.
What is the difference in ppg, private creditors between Nigeria and South Africa?
2.99 billion NFL, US$, with South Africa ahead.
How many years of comparable data are there for Nigeria and South Africa?
29 years are reported by both, from 1994 to 2024.
How do Nigeria and South Africa rank globally for ppg, private creditors?
Nigeria ranks 9th and South Africa ranks 6th of 119 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as PPG, private creditors (NFL, US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs South Africa: PPG, private creditors. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 23 August 2026, from https://debt.statizoid.com/compare/ppg-private-creditors-nfl-us/nigeria/south-africa/

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About this data

Indicator
PPG, private creditors (NFL, US$)
Unit
NFL, US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
131 places, 5,481 data points, 1970–2024
Last refreshed

Public and publicly guaranteed debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency. 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.