Nigeria vs Turkey: Use of IMF credit
Use of IMF credit over time
- Nigeria
- Turkey
How they compare
Turkey currently reports 7.22 billion DOD, current US$ against 6.05 billion DOD, current US$ in Nigeria, a difference of 1.17 billion DOD, current US$.
That makes Turkey's figure about 1.2 times Nigeria's.
The two have swapped places 2 times across 26 shared years of data; in 1999 it was Turkey ahead.
Nigeria ranks 15th and Turkey ranks 13th of 122 countries.
Across the 4 decades both report, Nigeria averaged higher in 1 and Turkey in 3.
Head to head by decade
| Decade | Nigeria | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 215.70 million DOD, current US$ | 1.04 billion DOD, current US$ | 828.99 million DOD, current US$ | Turkey |
| 2000s | 467.14 million DOD, current US$ | 13.82 billion DOD, current US$ | 13.35 billion DOD, current US$ | Turkey |
| 2010s | 2.43 billion DOD, current US$ | 2.49 billion DOD, current US$ | 59.13 million DOD, current US$ | Turkey |
| 2020s | 7.52 billion DOD, current US$ | 6.26 billion DOD, current US$ | 1.25 billion DOD, current US$ | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher use of imf credit, Nigeria or Turkey?
- Turkey, at 7.22 billion DOD, current US$ against 6.05 billion DOD, current US$ in Nigeria as of 2024.
- What is the difference in use of imf credit between Nigeria and Turkey?
- 1.17 billion DOD, current US$, with Turkey ahead.
- How many years of comparable data are there for Nigeria and Turkey?
- 26 years are reported by both, from 1999 to 2024.
- How do Nigeria and Turkey rank globally for use of imf credit?
- Nigeria ranks 15th and Turkey ranks 13th of 122 countries.
- Where does this data come from?
- International Debt Statistics, World Bank (WB), published as Use of IMF credit (DOD, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.