India vs Nigeria: Short-term debt
India
19.5%
in 2024
Nigeria
20.4%
in 2024
India rank
29th
Nigeria rank
26th
Short-term debt over time
- India
- Nigeria
How they compare
Nigeria currently reports 20.4% against 19.5% in India, a difference of 0.9%.
The two have swapped places 10 times across 55 shared years of data; in 1970 it was Nigeria ahead.
India ranks 29th and Nigeria ranks 26th of 121 countries.
Nigeria has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | India | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.5% | 37.9% | 34.5% | Nigeria |
| 1980s | 9.8% | 21.6% | 11.8% | Nigeria |
| 1990s | 6.0% | 13.9% | 7.9% | Nigeria |
| 2000s | 9.9% | 17.1% | 7.2% | Nigeria |
| 2010s | 20.0% | 27.5% | 7.5% | Nigeria |
| 2020s | 19.4% | 19.9% | 0.5% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher short-term debt, India or Nigeria?
- Nigeria, at 20.4% against 19.5% in India as of 2024.
- What is the difference in short-term debt between India and Nigeria?
- 0.9%, with Nigeria ahead.
- How many years of comparable data are there for India and Nigeria?
- 55 years are reported by both, from 1970 to 2024.
- How do India and Nigeria rank globally for short-term debt?
- India ranks 29th and Nigeria ranks 26th of 121 countries.
- Where does this data come from?
- International Debt Statistics, World Bank (WB), published as Short-term debt (% of total external debt). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.