Nigeria vs Sub-Saharan Africa (excluding high income): PPG, private creditors

Nigeria
3.53 billion NFL, US$
in 2024
Sub-Saharan Africa (excluding high income)
16.12 billion NFL, US$
in 2024
Nigeria rank
9th
Sub-Saharan Africa (excluding high income) rank
8th

PPG, private creditors over time

  • Nigeria
  • Sub-Saharan Africa (excluding high income)
010.0B20.0B197019972024

How they compare

Sub-Saharan Africa (excluding high income) currently reports 16.12 billion NFL, US$ against 3.53 billion NFL, US$ in Nigeria, a difference of 12.59 billion NFL, US$.

That makes Sub-Saharan Africa (excluding high income)'s figure about 4.6 times Nigeria's.

The two have swapped places 10 times across 53 shared years of data; in 1970 it was Sub-Saharan Africa (excluding high income) ahead.

Nigeria ranks 9th and Sub-Saharan Africa (excluding high income) ranks 8th of 120 countries.

Sub-Saharan Africa (excluding high income) has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Nigeria Sub-Saharan Africa (excluding high income) Difference Ahead
1970s 153.91 million NFL, US$ 1.19 billion NFL, US$ 1.04 billion NFL, US$ Sub-Saharan Africa (excluding high income)
1980s 499.52 million NFL, US$ 1.77 billion NFL, US$ 1.27 billion NFL, US$ Sub-Saharan Africa (excluding high income)
1990s -225.40 million NFL, US$ 1.32 billion NFL, US$ 1.55 billion NFL, US$ Sub-Saharan Africa (excluding high income)
2000s -351.65 million NFL, US$ 1.05 billion NFL, US$ 1.40 billion NFL, US$ Sub-Saharan Africa (excluding high income)
2010s 1.40 billion NFL, US$ 15.89 billion NFL, US$ 14.49 billion NFL, US$ Sub-Saharan Africa (excluding high income)
2020s 1.85 billion NFL, US$ 4.72 billion NFL, US$ 2.86 billion NFL, US$ Sub-Saharan Africa (excluding high income)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher ppg, private creditors, Nigeria or Sub-Saharan Africa (excluding high income)?
Sub-Saharan Africa (excluding high income), at 16.12 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 Sub-Saharan Africa (excluding high income)?
12.59 billion NFL, US$, with Sub-Saharan Africa (excluding high income) ahead.
How many years of comparable data are there for Nigeria and Sub-Saharan Africa (excluding high income)?
53 years are reported by both, from 1970 to 2024.
How do Nigeria and Sub-Saharan Africa (excluding high income) rank globally for ppg, private creditors?
Nigeria ranks 9th and Sub-Saharan Africa (excluding high income) ranks 8th of 120 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as PPG, private creditors (NFL, US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs Sub-Saharan Africa (excluding high income): PPG, private creditors. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 06 September 2026, from https://debt.statizoid.com/compare/ppg-private-creditors-nfl-us/nigeria/sub-saharan-africa-excluding-high-income/

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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
132 places, 5,492 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.